CORONA, Calif., March 27, 2012 /PRNewswire/ -- Papa Bello Enterprises (Pink Sheets: PAPA) confirms $20,000,000 financing from AGS Capital Group, LLC.
"AGS Capital Group, LLC, will finance Papa Bello Enterprises with Reserve Equity Financing. REF is an innovative, inexpensive and flexible financing strategy that places Papa Bello Enterprises in control of how and when it raises equity, minimizing any potential dilution or disruption to its capital structure," said Allen Silberstein, CEO of AGS Capital Group, LLC.
"We are particularly impressed with AGS Capital Group, LLC. AGS not only has considerable financial strength but also industry knowledge and relationships. We believe with these added resources, Papa Bello Enterprises now has the greater financial flexibility to fuel our growth," states Jim Wheeler, CEO of Papa Bello Enterprises.
About AGS Capital Group, LLC
AGS Capital Group provides flexible debt and equity financing solutions for growth-stage and mature public companies as well as private companies looking to go public. With offices in New York, Hong Kong and India, AGS Capital Group has facilitated the growth of companies within the U.S. and those domiciled in foreign markets around the globe. AGS Capital Group invests in public companies listed on all exchanges. We perform fundamental analysis including credit risk, technical analysis of market trends and industry, evaluation of management team experience and corporate structure evaluation. AGS Capital Group invests in Fixed Income and offers the Reserve Equity Financing. Additional information may be found at www.agscapitalgroup.com.
About Papa Bello Enterprises
Founded in 2005, and based in Corona, CA, Papa Bello Enterprises (PINK Sheets: PAPA) owns and operates a diversified group of companies as majority owned subsidiaries. In addition, Papa provides expansion tools and operational support services to growth-stage businesses. The company was founded on the principles of providing the consumer with the highest standards of quality, value, and service. Additional information may be found at www.papabelloenterprises.com
Forward-Looking Statements Disclosure This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Contact: Jim Wheeler of Papa Bello Enterprises, 300 W. Orange Heights Lane, Corona, Calif. 92882, (951) 299-6595.
SOURCE Papa Bello Enterprises