Two Wilmington, N. C. Tech Companies Make Successful Crowdfunding Presentations at the North Myrtle Beach Chamber

Top Quote The First Regional Economic Growth Crowdfunding Event In the Nation. End Quote
  • Myrtle Beach-Conway-North Myrtle Beach, SC (1888PressRelease) October 15, 2013 - Innova TV Networks and Rezernet, both based in Wilmington, N. C., made successful presentations to the business and investor community of North Horry County, South Carolina, on October 10, 2013.

    The event at the North Myrtle Beach Chamber of Commerce was the first in the nation that combined the new accredited investor crowdfunding format with a regional economic growth strategy that promotes investment in local technology companies.

    "I was pleased with the turnout and support we received from the North Myrtle Beach business community," said Thomas Vass, the manager of the Grand Strand Regional Capital Exchange. "I think we demonstrated the validity of the concept of bringing technology companies from Wilmington to the regional business community in the Grand Strand, and I hope our monthly event will cause a rapid increase in the rate of private investment in regional tech companies in Georgetown, Horry, Brunswick and New Hanover counties," Vass added.

    Jack Pennington, the CEO of Innova TV Networks, described how his technology of internet television is changing the market dynamics for small college sporting events and education services to broadcast live over the internet.

    "Our technology allows targeted national and regional spot announcements and ads to be inserted automatically into the programming," said Pennington. "Our technology converts the revenue model for small colleges to broadcast sporting events from a big cost factor to a revenue-generating activity for the colleges," he added.

    Bob Blum, President of Resernet, described how his web-based software allows private property owners to easily find vacation rental tenants and sign them up with his reservation service. "Our real estate reservation management solutions allows our clients to provide immediate availability and booking of their rental property, saving 90% of their time over the more manual process," Blum stated.

    Both companies are seeking growth capital to expand their markets.

    About Innova Television Networks:
    Innova Television Networks creates innovative, interactive solutions and experiences for audiences, advertisers and partners across a network of media markets. Through connected television, mobile phones, tablets and broadband platforms, Innova delivers high impact content on demand with ads on behalf of the best of the breed partners in athletics, arts, entertainment and education. Jack Pennington, CEO. 843 864-6688.

    About Rezernet:
    Launched in 2010, is a privately held organization headquartered in Wilmington, North Carolina. Being vacation property owners themselves, the company's founders set out to create a reservation system for property owners and travelers that simplifies the experience of managing and renting vacation homes online. Contact Bob Blum, President, (919) 633 1904.

    About the Grand Strand Regional Capital Exchange: The Grand Strand Regional Capital Exchange is dedicated to increasing the rate of private capital investments in technology companies located in Horry, Georgetown, Brunswick and New Hanover county region. The goal of the monthly event is to promote the creation of a capital market infrastructure that provides all forms and varieties of capital that a technology company in the region may need throughout the life cycle of the company. For more information about making a company presentation, please contact Thomas E. Vass, at 919 975 4856 or tvass ( @ ) privatecapitalmarket dot com.

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