John Thomas Financial, Inc. Raises $12 Million in Private Financing for AMBER Ready, Inc.
ROCKAWAY, N.J., May 6 /PRNewswire/ — AMBER Ready, Inc. today announced that it has raised $12 million in a private financing. New York City-based John Thomas Financial, Inc. (JTF), which has served as AMBER Ready’s exclusive investment banker since June 2008, was the placement agent for the transaction. The proceeds will support continued commercialization of the Company’s AMBER Ready II Child Safety Initiative, created to empower parents nationwide with the tools necessary to significantly reduce the lapse of time between when a child is determined missing and when an AMBER Alert is triggered by local law enforcement.
Thomas Belesis, Founder and CEO of John Thomas Financial, stated, “I am enormously proud that John Thomas has the ability to leverage the strength and reputation of the firm’s resources to enable our talented sales force to raise essential capital AMBER Ready needs to educate parents on the immense importance and value of being AMBER Ready. When giving consideration to prevailing market challenges, the success of this private offering certainly attests to the fact that our investors agree that the AMBER Ready Program may materially improve the effectiveness of the current AMBER Alert System and create a powerful new and proactive standard for protecting our nation’s children.”
According to a 2005 CRS Report for Congress, research revealed that most abducted children murdered by their kidnappers are killed within three hours of the abduction. Prompt response to child abductions is therefore deemed critical. Law enforcement is encouraged to send out an alert if circumstances indicate that the child is in harm’s way, if they have sufficient descriptive information about the child and/or the abductor for an alert, and if they believe that the immediate broadcast of an alert will help to locate the child.
AMBER Ready will announce the national launch of its technology at a press conference to be held at 10:00 AM ET on May 14, 2009, at the National Press Club in Washington, D.C.
PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.
Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.
PPM.co’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.
We are leaders in:
• New York Private Placement
• Real Estate Private Placement
• Technology Private Placement
• Debt Private Placement
• Equity Private Placement
• Technology Private Placement Memorandum Writing
• New York Private Placement Memorandum Writing
• Real estate Private Placement Memorandum Writing
• Debt Private Placement Memorandum Writing
• Equity Private Placement Memorandum Writing