September 02, 2008 12:13am
Adult Entertainment Capital Launches
Source: Black and Blue Media
by: Company Press Release
(TUSTIN, CA) -- Adult Entertainment Capital, Inc. adultentertainmentcapital.com] launches the first publicly traded and licensed investment capital option for the adult industry. Investment opportunities are offered for all types of adult oriented businesses, from gentlemen's clubs to lifestyle resorts, content and emerging technology platforms.
President and CEO Milton ''Todd'' Ault III sees the adult industry as a market that has suffered from the lack of strong financial investment opportunities, both from licensed capital providers and publicly traded stock. Adult Entertainment Capital, Inc. plans to meet that need by offering business development funds, financial management and full or partial buyout options to progressive adult oriented companies across all stages of the business cycle.
Ault explains the way it works. ''We can take a private company and fund them with publicly traded capital reserves, so they maintain their private status, and still have the ability to grow or diversify their business through our investment. For investors, they can go directly to their personal broker, like Charles Schwab, and purchase shares in the adult market through Adult Entertainment Capital's publicly traded stock. If they want to do their trading online, they can do that as well. For substantial private investment funds, Adult Entertainment Capital, Inc. can act as a broker for investments and mergers, while giving the private parties the security of expert, regulated and licensed, financial and business management, that you just don't get when friends and family loan you venture capital.''
Adult Entertainment Capital, Inc. is interested in all types of adult oriented industries. A growing market is arising for lifestyle services, including resorts tailored for swingers'. Gentlemen's clubs, adult novelty businesses and internet and mobile delivery of adult entertainment are also showing growth and diversification potential that will benefit from the type of financial services Adult Entertainment Capital, Inc. can deliver.
Adult Entertainment Capital, Inc. Is currently working with internet and mobile content providers Rock Candy and is preparing to launch a new pay per view subscription service in partnership with SpiceTV and PlaygirlTV founder, Mark Graff.
Interested investors and business owners may contact Adult Entertainment Capital, Inc. [adultentertainmentcapital.com] at (949)885-7399 or by email to info@adultentertainmentcapital.com.
For press information, interview scheduling and all other inquiries, please contact Black and Blue Media by email to Media@blackandblueusa.com.
About Todd Ault and Adult Entertainment Capital:
Todd Ault is President and CEO of Adult Entertainment Capital, Inc. Mr. Ault has been in the investment banking and asset management industry for over 16 years. Mr. Ault started with Dean Witter Reynolds Inc, moving to Prudential Securities Inc. Mr. Ault worked with Strome Susskind, L.P. A $1.2 Billion hedge fund from 07/98 - 6/05 in portfolio management. While with Strome Susskind, L.P., Mr. Ault worked on several activism campaigns including Taco Cabana, Jack in the Box (formerly Foodmaker) and 21st Century Holdings Company. Mr. Ault founded Zealous Holdings, Inc., a financial services holding company whose wholly owned subsidiaries included an investment banking firm, an asset management company, and an Alternative Trading System (ATS) in 2007. Zealous Holdings Company, is now Adult Entertainment Capital, Inc., an OTC traded investment and financial services company with over $300 million in assets to date. Adult Entertainment Capital currently trades Over the Counter through stock symbol ZLST.OB. The stock symbol will change to reflect the company's name change from Zealous Trading Group to Adult Entertainment Capital, Inc., the new trading symbol is pending. The new CUSIP Number is 00740A 102.
Forward Looking Statements
Some portions of this press release, particularly those describing Adult Entertainment Capital, Incorporated’s goals and strategies, contain forward- looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Adult Entertainment Capital, Inc. Is working to achieve those goals and strategies, actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including difficulties in marketing its products and services, need for capital, competition from other companies and other factors. Any of these aforementioned factors could have an adverse effect on the business plans of Adult Entertainment Capital, Inc., its reputation in the industry or its expected financial return from operations and results of operations. In light of significant risks and uncertainties inherent in forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by Adult Entertainment Capital, Inc. That it will achieve such forward-looking statements. For further details and a discussion of these and other risks and uncertainties, please see Adult Entertainment Capital, Inc's most recent reports on Form 10-K and Form 10-Q, as filed with the Securities and Exchange Commission, as they may be amended from time to time. Adult Entertainment Capital, Inc. undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
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