400,000+ Private Companies Invited to Go Public |
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By: Private Business Channel Posted: 2006-07-01 05:52:26 |
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Bruce Camber, the executive producer and CEO of Private Business Channel (PBC) (http://privatebusinesschannel.com ), announced today, "We're inviting over 400,000 of our best small businesses to go public through the private equity market. This is not an IPO, but it will be the first time most will have sold equity to private investors." He continued, "We'll introduce them to Entrex (http://www.entrex.net ), a public market for private companies, they'll receive an in-depth business analysis and a 4-to-8 minute news clip which will be distributed to ABC, Bloomberg, CBS, CNBC, CNN, Fox Business, NBC, MSNBC, Reuters, and Thomson Financial."
Private Business Channel is leveraging its access to over 25 million businesses for a whole new market -- the financial community. Camber expands on this, "For 12 years, we've essentially ignored financial industry players and investors. Most private business owners don't want active investors -- people looking over their shoulder. But, times have changed. Most of us baby boomers have a strong desire to take our sweat equity out of our businesses instead of taking it to the grave! It is time to wise-up and begin turning these businesses over to the next generation." By working with the private equity market, PBC intends to bring together the supply-and-demand of capital along with news-and-analysis on both the capital funds and the companies in which they invest. PBC collaborated with Entrex to create the Private Company Index (PCI) (http://www.privatecompanyindex.com ). This monthly score tracks the revenue growth of private businesses and compares that with the Dow and Nasdaq composite indices. PBC is building on 12 years of weekly public television productions focusing on the best-of-the best in small business. Camber states, "These business owners live the American dream. They create jobs, wealth, and make our world a better place." Stories focus on analyzing successes and set-backs of owners who are both loved by their communities and are deeply respected within their industries. Camber explains, "Every day from virtually every community, we have hundreds of wonderful businesses recommended to us. This is the real heartbeat of America." Private Business Channel is poised to become a 24-hour news and analysis network, distributed globally via satellite, with the sole focus being best- of-breed privately-held businesses. "Our goal," Camber states, "is to provide the investment community with up-to-the-minute news, and become a resource for the vast opportunities in the private sector. Most media is focused on negative business news ... not the good. Nobody goes inside the most creative thinking to find the real news. Our plan is to create a de facto standard for private company news that is centered on core of free enterprise." About Private Business Channel: Private Business Channel (PBC) has a rich legacy as a weekly television show in the USA on PBS-member stations since 1994 and around the world with the Voice of America since 1995. |
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