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Overstock Opens Up Capital Market With Entrex's TIGRcubs

Lifestyles - Fri, 06/12/2015 - 3:53pm

(NewsUSA) - If Overstock.com will do a TIGRcub, why wouldn't you?

If you're not familiar with a TIGRcub or Top Line Income Generation Rights Certificate, simply put, it's a way for private companies to raise capital by offering investors debt enhanced by a slice of revenue. This allows investors to invest in these companies benefiting from monthly cash flows without the headaches of traditional stock market fluctuations.

Overstock is now offering a $25 million revenue-based TIGRcub security via Entrex: a Capital Market System for Entrepreneurial Companies (www.entrex.net).

The Overstock,com TIGRcub is being offered to provide a minimum yield of 6.5 percent plus a small slice of revenue, which could provide a maximum yield of 7 percent via the revenue participation or "Top Line." The offering is a private offering being made exclusively to qualified institutional buyers and a limited number of accredited investors.

According to Stephen H. Watkins, CEO of Entrex, "Revenue is the tangible performance line of the company or the 'Top Line,' which is so different from investing in the volatility of the equity markets, which is often more investor sentiment and speculation than corporate performance."

"TIGRcub Securities provide a monthly cash-flowing risk-adjusted return for investors, eliminating a lot of the downfalls of equity or stock-based investing," says Watkins.

The Overstock TIGRcub will be issued as 25 one million-dollar tokens and will trade using Overstock's "T0.com" BlockChain and across a regulated Alternative Trading System. Financial performance of the TIGRcub will be reported to Bloomberg along with other financial industry data consolidators so investors will have active knowledge of trading and performance of the security.

Overstock made a name for itself in 1999 under Dr. Patrick M. Byrne, the company's current CEO, who recognized the potential of selling excess consumer goods through the Internet to bargain-hunting consumers. Now, Overstock offers more than one million products, from clothing to home goods to furniture to cars, but is now serving industries as diverse as insurance, travel and Cryptocurrencies. Today Dr. Byrne sees T0.com and Entrex's TIGRcub helping to revolutionize the Capital Market the same way the Internet revolutionized the world.

For its part, Entrex currently has a $500 million diversified pool of TIGRcub offerings going to market, which means that there are plenty of companies to invest in.

To learn more about this opportunity, visit www.entrex.net.

Save Water by Stopping Leaks Early

Lifestyles - Fri, 06/12/2015 - 3:50pm
Five words or less

(NewsUSA) - Water is a limited and essential resource, but too many people are unaware of how much is wasted. Believe it or not, the average American family uses more than 300 gallons of water each day, and 70 percent of that water is used inside the home. Unfortunately, much of that water is wasted without a homeowner's knowledge.

Water leaks are among the main sources of wasted water in the home, accounting for as much as 13.7 percent of a household's water use. That's more than the top household water uses, which include taking a shower, running the dishwasher or doing laundry.

However, some simple tips can help homeowners conserve water, prevent damage caused by leaks and save money on repairs caused by water damage.

Launder Less

Do fewer larger loads of laundry instead of more smaller loads. A larger load uses less water per pound of clothes.

Delay Dishes

Wait until the dishwasher is full before running it; a half full load wastes both water and electricity.

Improve Appliances

Data suggest that high-efficiency water-saving devices, such as low-flow showerheads and toilets, could save U.S. households 5.4 billion gallons of water and $11.3 million each day, and the low-flow devices that are currently available don't sacrifice water pressure for efficiency. But if more efficient bathroom fixtures aren't an option, simply taking shorter showers can save two to five gallons of water per minute.

Get a Grip on Leaks

New leak detection products can help homeowners identify leaks early, so they can be managed before water damage sets in. The FloLogic System, for example, serves as a circuit breaker for the plumbing system in the home, sending an alarm and shutting off the water supply when a leak is detected. This early detection feature is key to preventing water damage associated with an unidentified and unrepaired leak. As an added bonus, some insurance companies will provide discounts to homeowners who install systems such as FloLogic.

For more details about how the FloLogic System can help you save water, and money, by managing leaks, please visit www.flologic.com.

Nude tourists 'anger god'

CNN World - Fri, 06/12/2015 - 3:10pm
Four foreign hikers pleaded guilty to "committing an obscene act" after they took nude photos at a mountain considered sacred in Malaysia. CNN's Isha Sesay reports.
Categories: International News

Quake traps tourists on Mount Kinabalu

CNN World - Fri, 06/12/2015 - 3:10pm
Tourists who took nude photos on top of Mount Kinabalu in Borneo are being blamed for earthquake that killed 16 people. CNN's Isha Sesay reports.
Categories: International News

Earthquake blamed on photo outrage

CNN World - Fri, 06/12/2015 - 3:09pm
Police in Malaysia have arrested four foreigners believed to have been part of a group of tourists who stripped naked at the summit of Mount Kinabalu, according to Bernama, Malaysia's official news agency.
Categories: International News

Hear accused official's response to race question

CNN - Fri, 06/12/2015 - 3:06pm
The racial identity of one of the most prominent faces in Spokane, Washington's black community is questioned.
Categories: National News

Twitter sounds off about racial identity

CNN - Fri, 06/12/2015 - 3:06pm
What would be the problems inherent with someone misrepresenting their race, even if that person spent a career advocating for the race that he or she falsely claimed to be?
Categories: National News

Parents: She's being dishonest and deceptive

CNN - Fri, 06/12/2015 - 3:06pm
Ruthanne and Larry Dolezal, parents of Spokane NAACP President Rachel Dolezal, talk about why their daughter might be masquerading as African-American.
Categories: National News

Photos: Dolezal through the years

CNN - Fri, 06/12/2015 - 3:04pm
The racial identity of one of the most prominent faces in Spokane, Washington's black community is under question after her parents produced a birth certificate that showed she is white.
Categories: National News

Sprite to entice rap fans with lyrics on cans

Business News - Fri, 06/12/2015 - 3:02pm
Rap fans will be able to read the lyrics to their favorite songs while guzzling Sprite this summer.

Netflix battles illegal streams of 'Orange is the New Black'

Business News - Fri, 06/12/2015 - 2:48pm
Netflix is fighting to keep people away from websites streaming illegal copies of its newly released third season of the show "Orange is the New Black."

Russian jet buzzes U.S. aircraft

CNN - Fri, 06/12/2015 - 2:25pm
A Russian fighter jet, flying at high speed, came within 10 feet of a U.S. Air Force reconnaissance aircraft in international airspace over the Black Sea late last month, several U.S. officials told CNN Thursday.
Categories: National News

Man unearths dad's new footage of JFK

CNN - Fri, 06/12/2015 - 2:24pm
When his father gave him a box of old home movies, Steven Smirco popped a tape in his VCR and sat down to relive his childhood.
Categories: National News

YouTube will launch new gaming app later this summer

Business News - Fri, 06/12/2015 - 2:24pm
It's game on.

New York Times HQ to block desktop access to force staff to go mobile

Business News - Fri, 06/12/2015 - 2:24pm
If you work at the New York Times, make sure to charge your phone next week.

Jeni's finds new listeria outbreak, halts production again

Business News - Fri, 06/12/2015 - 2:18pm
Read full story for latest details.
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