USAR Announces Engagement Agreement with NAUP Capital, LP for Strategy & Business Development Services
DALLAS, Feb. 2, 2016 /PRNewswire/ -- The Chron Organization, Inc. formerly known as USA Restaurant Funding, Inc. (OTCPK: USAR) announced today that it has retained the services of the prestigious Dallas-based, venture-development firm, NAUP Capital, LP (North American Utility Partners), for assistance with and oversight of its business model development and implementation purposes.
NAUP is highly respected in the energy industry for its extraordinary ability to identify companies with hyper-growth potential and for implementing operational and revenue models that accelerate a company's business plans. NAUP will provide business development services for USAR that will bring a significant degree of acceleration to its plans. Anticipated services provided by NAUP include strategy & business plan development, capitalization services, discovering acquisition targets and incubation services to enter into the retail energy provider space.
Byron Young, CEO of The Chron Organization, commented, "Knowing what NAUP's founders have accomplished in the past, I am both humbled and excited with having that level of proven expertise and success within The Chron Organization."
Tom Schaeffer, Managing Director for NAUP, said, "We believe that it's time for the 21st century utility company to emerge and we are confident that Chron Home Services will be that industry leader."
The NAUP engagement begins on February 1, 2016.
ABOUT THE CHRON ORGANIZATION
The Chron Organization, Inc., formerly known as USA Restaurant Funding, Inc. (OTCPK:USAR), is a services company providing automation, security and energy conservation services. The Company provides homeowners with the latest in security, monitoring and automation controls enabling homeowners to have a Smart Home at an affordable price. Chron combines that with energy efficiency and energy conservation services such as on-site Solar, LED lighting and Retail Energy Services, reducing both their carbon footprint and their monthly energy expense. To learn more, please visit the website at www.chronhomeservices.com.
ABOUT NAUP CAPITAL, LP DBA NORTH AMERICAN UTILITY PARTNERS
NAUP Capital, LP was formed in 2008 for the purposes of providing merchant bank and consulting services to energy centric companies. NAUP maintains a portfolio of operating companies including, but not limited to, energy advisory, energy conservation, retail energy providers, energy software, energy risk management services and energy trading. Additionally, NAUP provides a wide spectrum of business development services encompassing Business Incubation, M&A, Business/Transaction Advisory and Strategy Development. For more information about NAUP's business services, please visit www.nautilitypartners.com. Retail energy consumers interested in our brokerage services should visit us at www.naup.biz.
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file at www.OTCMarkets.com.
INVESTORS & MEDIA CONTACT:
Email: [email protected] Phone: (469) 626-5275
Investor Relations:
The Eversull Group, Inc.
Jack Eversull, President
972-571-1624
214-469-2361 fax
[email protected]
SOURCE The Chron Organization, Inc.
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