Envit Capital Group, Inc. (fka ECGP)

[The Rainmaker]

FRTL Fact Sheet-Repost....added to ibox as well

Rainmaker Report for FRTL.PK

For those of you that are not familiar with FRTL here is some background information..
Pinksheets updated, new FRTL CEO Ed Laborio.
New company is Envit Capital a Boston based hedge fund.
D&B shows Envit Capital has 5 employees and 900k in revenue.
Pinksheets just updated to show Envit has 15 employees now so revenue could be much higher.

FRTL board
http://investorshub.advfn.com/boards/board.aspx?board_id=8769

Share Structure:
*
Estimated Market Cap
888,096 as of Jul 3, 2008
*
Outstanding Shares
30,624,000 as of Jun 27, 2008
*
Authorized Shares
40,000,000 as of Jun 12, 2008
*
Number of Share Holders of Record
850 as of Jun 12, 2008

Bankruptcy Case Closed per pinksheets:
Cleanest type of shell to merge into is one like FRTL, that had all their debts wiped clean via a Bankruptcy.
Company Notes * Note=3-03 Company filed petition under Chapter 7 of the Federal Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of California. Chapter 7 case closed, effective 3-17-06



Envit Capital Overview:
About Envit Capital
Envit Capital LLC is headquartered in Boston,Massachusetts.Envitwas founded in 2006 as a private investment firm with a philosophy premised on absolute returns. Envit's principal investments consist of, but not limited to Private Equity,and Publicly Traded Securities.

CEO Bio
Edward Michael Laborio, born in Providence, Rhode Island,is the founder and CEO of Envit Capital, LLC located in Boston,Massachusetts. Envit Capital, LLC is private alternative asset investment firm. The firm manages such investment vehicles as hedge funds and Private Equity Funds. Prior to the formation of Envit Capital, Mr. Laborio was a Vice President of investments with the Chicago Investment Group LLC,. Prior to working with the Chicago Investment Group, Mr. Laborio was a Vice President in the Institutional Small Business Merchants Department with Fleet Bank(Bank of America) located in Providence. Mr.Laborio attended Cranston High School West of Cranston, Rhode Island and Keene State College of Keene, New Hampshire.


Website
http://www.envitcapital.com



Contact Information
Envit Capital/ Ed Laborio
99 Summer Street
Suite 1700
Boston, MA 02110
Phone: [phone]
Fax: [phone]

Employees
Number of Employees 15 as of Jun 12, 2008 per pinksheets

*
Transfer Agent
Island Stock Transfer
100 Second Avenue South
St. Petersburg, FL 33701

*
Auditor/Accountant
ACSB & Co., LLP
517 Route One South
Suite 1002
Islin, NJ 08830

*
Legal Counsel
Anslow & Jaclin, LLP
195 Route 9 South
Suite 204
Manalapan, NJ 07726

Hedge Fund Industry
Examples of a few other public hedge funds....
Stock symbol/market caps
FRTL/Reverse Merging with Envit Capital a Boston Based Hedge Fund Current Market Cap $900,000
MF- 695 Million Dollar Market Cap
KFN- 1.5 Billion Dollar Market Cap
FIG- 4.7 Billion Dollar Market Cap
BX- 4.4 Billion Dollar Market Cap

Shares of Britain’s Man Group, the largest publicly traded hedge fund firm in the world, traded below 30 pence during the mid 1990’s. They now change hands for more than 500 pence.

RAB Capital shares have almost quadrupled since the London-based hedge-fund manager went public in early 2004.
Shares of Partners Group, a Swiss private-equity and hedge fund firm, are up 78% since they began trading on Switzerland’s stock exchange in March 2006.

Market Maker Information
Market maker volume report shows less than 15 million shares of FRTL even traded over last 18 months. Most of the 30 million share float is held by people who bought FRTL up in the $1.00 plus range. Notice on pinksheets it says FRTL has over 800 shareholders. Very high for an inactive shell. This old chart shows FRTL trading much higher. Many of those shareholders will probably hold for much higher. They've held for 5-7 years don't expect them to suddenly start selling now. Some of those people might have written off FRTL back in 2001 and forgotten they even own it anymore.

Total Share Volume for 2008 Broken Down by Market Maker 
   
  NITE-Knight Equity Markets, L.P.....................2,963,782        
  UBSS-UBS Securities LLC............................1,087,191      
  HDSN-Hudson Securities, Inc..........................596,435              
  ETRD-E*Trade Capital Markets LLC.....................608,980      
  DOMS-Domestic Securities, Inc.........................661,145 
  FRAN-Wm. V. Frankel & Co., Inc........................221,838              
  HILL-Hill, Thompson...................................111,620    
  VFIN-vFinance Investments, Inc.........................11,802                
  AUTO-Automated Trading Desk.............................1,200   
   
  Total Share Volume for 2007 Broken Down by Market Maker 
  NITE-Knight Equity Markets, L.P....................2,625,637          
  UBSS-UBS Securities LLC............................3,446,495      
  HDSN-Hudson Securities, Inc..........................228,842                      
  ETRD-E*Trade Capital Markets LLC...................1,231,817      
  DOMS-Domestic Securities, Inc......................... 95,225   
  FRAN-Wm. V. Frankel & Co., Inc........................221,838             
  HILL-Hill, Thompson...................................268,790       
  VFIN-vFinance Investments, Inc........................57,470             
  AUTO-Automated Trading Desk.............................5,050

Employment Ads posted by Envit Capital-

Showing signs business is booming and they are in full expansion mode.
Envit Capital:Date Posted: 2008-03-18

Hedge Fund/Unpaid

Boston based hedge fund seeking interns for both summer and school year opportunities. Perform back office operations while learning hands on about the fund. Internship is unpaid - flexible with days/hours. Please forward resume for immediate consideration..

Company: Envit Capital
Address: 100 Franklin Street
City: Boston
State: MA

http://209.85.173.104/search?q=cache:HlzTH4arYt8J:www.bostoninternships.net/index.php%3Finternships%26p%3D3+envit+capital&hl=en&ct=clnk&cd=12&gl=us&client=firefox-a

http://www.google.com/search?q=cache:An7uKkyb8CwJ:www.trovix.com/q-l-Massachusetts-c-Broker-Financial%2BServices-jobs.html+envit+capital&hl=en&ct=clnk&cd=14&gl=us&client=firefox-a

Stockbroker Trainee
ENVIT CAPITAL|Boston, MA, 02110|
AMBITIOUS AND MOTIVATED? STOCKBROKER TRAINEE POSITION Stockbroker Trainees Wanted - WINNERS ONLY Start your career on the top! Take the 'BULL BY THE HORNS' and control your financial destiny. We want to develop top producers for the long term. Ex-Mortgage, Insurance, or real estate sales people welcome. Excellent 'on the job' training. Learn what it takes to survive and flourish in the brokerage industry.. Please reply with resume in confidence.. Job Requirements: Ex-Mortgage, Insurance
39 days ago from Stockbroker Trainee

http://209.85.173.104/search?q=cache:An7uKkyb8CwJ:www.trovix.com/q-l-Massachusetts-c-Broker-Financial%2BServices-jobs.html+envit+capital&hl=en&ct=clnk&cd=14&gl=us&client=firefox-a


MA,Boston,Stockbroker Trainee
ENVIT CAPITAL 04/03
Details: AMBITIOUS AND MOTIVATED? STOCKBROKER TRAINEE POSITION Stockbroker Trainees Wanted - WINNERS ONLY Start your career...

A hedge-fund industry primer

Some terms for understanding the hedge-fund industry:

PRIVATE FUND -- Investment funds subject to less oversight. The federal Investment Company Act of 1940 regulates companies that offer investment products, such as mutual funds, to the public, but it exempted some funds from regulation, such as those with fewer than 100 investors, or if member investors had substantial money invested elsewhere.

HEDGE FUND -- Not defined by SEC regulations. In practice the term often refers to a private fund that isn't publicly marketed and in which the manager earns a 'performance fee," or a share of the fund's profits, often as much as 20 percent. By some estimates the industry now accounts for around $1.4 trillion among 8,000 funds.

FORM ADV -- To fight fraud, a new SEC rule adopted in 2004 ended exemptions and required many hedge-fund advisers and others to take steps such as filing data about themselves using the form ADV and to appoint a chief compliance officer..

ACCREDITED INVESTOR -- Under SEC rules, these include a person making more than $200,000 a year, or a couple making $300,000 a year, or a couple whose net worth exceeds $1 million. Many hedge funds and other private funds require investors to meet these minimums.

Hedge Fund Industry Info:
Boston Based, Envit Capital, LLC is private alternative asset investment firm. The firm manages such investment vehicles as hedge funds and Private Equity Funds.

Led by Hedge Funds, Alternative Investment Firms Represent 40% of YTD M&A Activity in 2008, According to Jefferies Putnam Lovell
Business Wire, May 7, 2008

NEW YORK -- Sales of alternative investment firms account for a record 40% of deals in the global investment management business thus far in 2008, according to Jefferies Putnam Lovell, a leading adviser on alternative investment transactions and the division of Jefferies Group, Inc. (NYSE: JEF) focused on the asset management and financial technology industries.

Through April 2008, 29 of the 73 transactions announced involve alternative investment firms, according to New York-based Jefferies Putnam Lovell. The total includes 20 transactions of hedge fund and fund of hedge fund (FoHF) managers. Deal flow in 2007 involving alternative investment firms represented 32% of the 241 total transactions in the global asset management industry.

'We expect record demand for alternative asset managers to continue throughout 2008, motivated by buyers' search for absolute returns and innovative products in challenging capital markets,' said Aaron H. Dorr, a New York-based Managing Director at Jefferies Putnam Lovell.

Paris-based Olympia Capital Management has launched the Olympia Energy Fund, a diversified multistrategy energy-related fund of hedge funds with an initial investment of USD50m from a leading international energy company.

The Cayman-domiciled Olympia Energy Fund seeks to exploit energy commodity market inefficiencies in order to generate absolute returns. The product aims to achieve long-term capital appreciation and will allocate to hedge funds investing in all the components of the energy and energy related markets and employing CTA, global macro, long/short, equity market neutral and physical trading strategies.

The fund is targeting an annualised return of 5 to 10 per cent above Libor in the medium term (three years), with annualised volatility below 15 per cent. It is Olympia's second commodity-focused fund of hedge funds following the launch in July 2007 of the Olympia Sucden Commodity Fund, a diversified fund of hedge funds.

"The more we look in to the universe of energy-related hedge fund managers, the more we are convinced that hedge funds now have the ability to exploit market inefficiencies, providing significant improvement and diversification to the risk-adjusted return of diversified portfolios," says Olympia's co-chief investment officer Guido Bolliger.

SEC filings show Boston is a leader in hedge funds

By Ross Kerber, Globe Staff | April 21, 2006

New federal filings show that Massachusetts financial firms help manage more than $150 billion in hedge funds and other private investments, about 10 percent of the $1.5 trillion that the Securities and Exchange Commission estimates is held in private funds nationwide.

The filings, many available for the first time under new SEC rules that require hedge fund advisers and other managers of private funds to report data to the government, shed only a little light on this fast-growing, lucrative, and secretive corner of the world of money management.

While regulators couldn't provide figures showing where Massachusetts ranks compared to other states, the filings show that Boston is a major center of private investment.

'Boston has historically been one of the largest players in the hedge-fund industry, because the city has a tremendous pool of talented managers in the financial-services sector," said Richard A. Goldman, coleader of the hedge fund practice group at law firm Bingham McCutchen.

Your new bankers: hedge funds
These complex firms will start backing small companies.
FORTUNE Small Business Magazine
By Phaedra Hise, FSB Magazine
December 8 2006: 7:36 AM EST

(FSB Magazine) -- Growing companies could be tapping into a new source of capital in 2007: Hedge funds are getting into the private-equity business. And although some are investing in large venture capital or similar institutional funds, other managers are hitting the VC breakfast circuit in search of direct investments.

Hedge fund Managers have always had the freedom to invest 10 percent of their fund, known as a "side pocket," in illiquid assets. Traditionally they've chosen real estate or big energy companies. But lately they've been looking at more creative outlets, including small growth businesses.
Charts

Interesting news on hedge funds. Two large players looking to invest money with smaller hedge fund managers. Seems Envit/FRTL fit this to a tee.

Lehman Brothers and Aladdin Capital are raising multi-billion-dollar funds to back small hedge fund managers. Lehman aims to raise up to USD5bn investor capital to buy strategic stakes in a dozen or so managers, while Aladdin Capital, of Stamford, Connecticut, is separately raising USD3bn.


Word about FRTL is starting to spread...
Penny Stock Blog write up on FRTL
http://pennystockgurus.blogspot.com/2008/07/frtl-continues-to-appreciate-in-value.html
Friday, July 4, 2008
FRTL continues to appreciate in value
We alerted our premium members earlier this past week about FRTL at a price well below a penny. On Thursday the stock surged to new highs closing at $.029 a share.

http://pennystockgurus.blogspot.com/

The stock has encountered some serious accumulation, which has yet to let up. There is no telling where this stock will end up if this buying continues. This reverse merger could very well go down in the record books as one of the most lucrative shell plays of all time. All indications point to more impressive gains for FRTL. Keep your eye on this one, it will be one to watch going forward.
Posted by Robert Wilcox at 8:39 PM

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