Red Bank, NJ (PRWEB) October 10, 2013
Investview, Inc. (OTCQB: INVU), announced today the company entered into a Securities Purchase Agreement with Allied Global Ventures LLC to purchase up to 1,000,000 shares of the Company's common stock and Common Stock Purchase Warrants to acquire up to 1,000,000 shares of common stock for an aggregate purchase price of $1,000,000.
“This funding is vital to enable the growth and expansion of our company. We will now be able to expand our product reach and improve our platform infrastructure to not only meet but exceed the demands of providing our products and services to retail and institutional clients. We anticipate spending a substantial portion of this funding on marketing our suite of quality products including on-line financial education and our 7 Minute Trading Products. We believe this marketing effort will provide an opportunity for exponential growth for our company.” said Dr. Joseph Louro, Chief Executive Officer.
Other recent developments for the company include:
Investview, Inc. is an investor technology and educational company, providing products that allow the individual investor to find, analyze, track, and manage their portfolio. It engages in the marketing and sale of online investor education products, including Investview, an online education, analysis, and application platform, which offer analysis tools, education solutions, and an application. The company provides financial educational courses to customers on a subscription basis that are delivered on line through its Website; trading tools with actionable trading indicators; blogs, newsletters, and other reference materials that describe investment strategies; and mentoring, coaching, and advisory services on a subscription basis.
This news release contains "forward-looking statements" which are not purely historical and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.