Equus Total Return, Inc. Announces Financing Arrangement with Golf Club Maker Nickent
April 11 2007 - 5:59PM
PR Newswire (US)
HOUSTON, April 11 /PRNewswire-FirstCall/ -- Equus Total Return,
Inc. (NYSE:EQS) (the "Fund") has signed a financing arrangement
with Nickent Golf Equipment ("Nickent"), a California corporation,
to provide working capital for development and growth
opportunities. Terms were not disclosed. "We are very pleased to
develop a relationship with this exciting company which is well
positioned in the sports & leisure market. As more professional
golfers use Nickent products, we anticipate hearing more about this
brand over the coming year," commented Anthony Moore, Co-Chairman,
CEO and President of Equus. Nickent is a market leader in the
rapidly expanding, hybrid club segment of the golf industry and is
an emerging leader in game-enhancement technology. Nickent's
development process is driven by its dedication to advanced
technologies and focus on design innovation. Nickent is the
official OEM sponsor of the Golf Channel's Nationwide Tour
coverage. Equus Total Return, Inc. is a business development
company that trades as a closed-end fund on the New York Stock
Exchange, under the symbol "EQS". Additional information on Equus
Total Return, Inc. may be obtained from Equus' website at
http://www.equuscap.com/ . This press release may contain certain
forward-looking statements regarding future circumstances. These
forward-looking statements are based upon the Company's current
expectations and assumptions and are subject to various risks and
uncertainties that could cause actual results to differ materially
from those contemplated in such forward-looking statements
including, in particular, the risks and uncertainties described in
the Company's filings with the Securities and Exchange Commission.
Actual results, events, and performance may differ. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as to the date hereof. The Company
undertakes no obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this
release does not constitute an admission by the Company or any
other person that the events or circumstances described in such
statements are material. Contact: Brett Chiles 713-529-0900
DATASOURCE: Equus Total Return, Inc. CONTACT: Brett Chiles of Equus
Total Return, Inc., +1-713-529-0900 Web site:
http://www.equuscap.com/
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