Investview Announces Definitive Agreement to Acquire S.A.F.E. Management, LLC
DRAPER, Utah, Oct. 24, 2012 /PRNewswire/ -- Investview, Inc. (OTCBB: INVU) ("Investview") – Dr. Joseph J. Louro, Chairman and Chief Executive Officer, announced a definitive agreement to acquire S.A.F.E. Management, LLC a registered investment advisor "SAFE Management".
SAFE Management, LLC is a Registered Investment Advisor (RIA) in the state of New Jersey. SAFE provides their clients unique investment products and advisory services that are created and managed by their in-house team of professionals using state of the art analysis tools and the experience of their CFA, Edward Hosinger. SAFE believes it is a combination of human experience and technology that can make a difference.
"The acquisition of SAFE is an important step towards our broader vision. We are committed to the education of the individual investor; however, for many who lack the time to manage and trade their investment capital, SAFE represents an opportunity for us to do it for them," said Dr. Louro.
"SAFE Management has a long history with the analysis tools and education offered by Investview. We view this acquisition as extremely beneficial to our current clients offering them additional research, resources, and expanded investment portfolios. SAFE Management will be able to bring the boutique advisory relationship to the broader market at a time when it is needed most," added Annette Raynor, General Partner of SAFE.
Excluded from the sale is the private fund Secure Acquisition Financial Entity, LP (SAFE LP). The parties intend to close the acquisition upon receiving regulatory approval.
About Investview, Inc.:
Investview, Inc. provides and delivers a comprehensive online program of investor education, offers proprietary investor search tools and trading indicators, distributes weekly newsletters and offers access to live weekly Trading Rooms at
www.investview.com and www.7minutetrader.com.
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Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
SOURCE Investview, Inc.
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