RED BANK, NJ / ACCESSWIRE / Investview, Inc. / (OTCQB: INVU), announced today that it raised $1.475 million from investors and existing shareholders.
The lead investor is shareholder G. Bart. Rice whom invested an additional $1.0 million. Mr. Rice has previously invested over $4.5 million and has accumulated 4.8 million shares representing approximately 38% of the firm's outstanding shares. Currently the firm has 12,754,659 issued and outstanding with 60 million shares authorized.
Investview intends to use the new infusion of capital to acquire strategic, positive cash flow, business units and to provide working capital. "This activity along with our most recent acquisitions and joint venture agreements is the realization of the vision to create a broad based financial services company," said Dr Joseph Louro, CEO. "We believe we are now positioned to produce diversified revenue sources," Louro added.
Investview intends to raise additional capital and continue to meet its business plan objective of repurposing its Education and Investor technology as the firm evolves into Financial Services & Products provider. "We have no intention of abandoning our self reliant clients. We do, however, desire to attract those investors seeking help in achieving their personal financial goals," Louro concluded.
About Investview, Inc.:
Investview, Inc. Is a diversified Financial Services company which includes a Registered Investment Advisory firm and intends to utilize the firms technology to generate reoccurring fees and commissions from potential Investview customers. Traditionally, Investview provides and delivers a comprehensive online program of investor education, offers proprietary investor search tools and trading indicators, distributes weekly newsletters and offers access to live weekly Trading Rooms. Under the direction of CEO Dr. Joseph Louro, Investview is continuing to emerge as a Financial Services company seeking diversification of revenue. For more information on any of the Investview products please visit: www.investview.com
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
CONTACT:
For more information, please contact:
Investview, Inc.
(732) 380-7271
www.investview.com
SOURCE: Investview, Inc.