Sugar Land, Texas (September 5, 2012) – American Equity Fund LLC (“AEF”) announces today that its founding
member and Rhodes Holdings LLC have come to the conclusion of negotiations to name Robert C. Rhodes of Rhodes Holdings LLC as managing member of AEF. Working as partners on a number of projects together, Rhodes Holdings LLC and ReCap Marketing & Consulting, LLP (Hunter M.A. Carr, founding member and general partner) determined their interests aligned perfectly on what was missing from the arena that both worked – micro-cap publicly traded companies. This missing component was non-death spiral funding.
This announcement follows more than six (6) months of review of previous funding(s) that Rhodes Holdings LLC and ReCap Marketing & Consulting, LLP have been a party to, as well review of competing equity line facilities in order to construct an AEF equity line facility that will only enhance shareholder value.
About American Equity Fund LLC
The American Equity Fund LLC (“AEF”) provides an alternative funding mechanism, an Equity Line Facility (“ELF”), for SEC reporting publicly traded micro- and small-cap companies that want to take control of financial futures. An ELF is a flexible financing structure in which AEF commits to purchase shares of Common Stock directly from an Issuer, at prevailing market prices, over a multi-year period. When an Issuer elects to drawdown on the ELF, AEF is obligated to purchase an amount of shares equal to the dollar amount requested with a discount to market and warrant coverage to underwriting expenses. Issuers request drawdowns at their discretion in accordance with the terms of their funding agreement.
About Rhodes Holdings LLC
Rhodes Holdings LLC (“RHL“, http://rhodesholdings.wordpress.com) was founded on the principle that public companies‘ top officers need help with the complexities and demands of the public markets. Funding their companies and managing public S.E.C. reporting shouldn’t take all of these officers’ time and that is when RHL comes in. RHL provides a turnkey solution for companies that would like the benefits of being public but have not experienced it before. RHL was founded by Mr. Robert C. Rhodes in 2005. Mr. Rhodes is surrounded by professionals dedicated to your success, including SEC lawyers, general counsels, auditors, IR professionals, and investment sources that he has historical knowledge.
Contact information
American Equity Fund LLC
Robert C. Rhodes – 281-435-3917 | robert.rhodes@rhodes-holdings.com
Hunter M.A. Carr – 281-600-6000 | hunter@recapmarketing.com
© 2012 by American Equity Fund LLC, all rights reserved. Original news release located on American Equity Fund LLC’s website.