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Thursday, September 11, 2008 2:39:22 PM
ValueRich Announces Marketing and Technology Agreement with Full-Service Broker Dealer Syndicated Capital and Terminates Stock P
ValueRich, Inc. (AMEX:IVA), and Starlight Investments, LLC have terminated their Stock Purchase Agreement effective immediately. The parties, however, plan to explore other strategic business alliances in the future.
On August 21, 2008, ValueRich entered into a Marketing and Technology Agreement with Syndicated Capital, a full service broker dealer. Syndicated Capital will provide an array of full-service brokerage services including but not limited to, an online trading platform, respective clearing services, trading services, back office support, administration, compliance and customer support. Syndicated Capital will be providing the online trading platform and related services through their clearing agent, Pershing LLC.
Joseph Visconti, CEO of ValueRich stated, “Our relationship with Syndicated Capital will allow ValueRich to use its marketing and technology platform to assist companies in raising capital, going public and attracting shareholders. By leveraging our technology, the ValueRich brand asset and our network of qualified professionals with Syndicated Capital’s innovative online banking platform, we are hoping to change the way small-cap funding is accomplished.” About ValueRich, ValueRich, Inc. operates various online and offline media-based properties for corporate and financial professionals, including ValueRich magazine and the industry-wide online financial community iValueRich.com. The Company's corporate mission is to create an active community of financial professionals and micro-cap public company executives through its integrated portfolio of products and services.
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