ATLANTA, GA (September 29, 2010) - After an in-depth study and simulation of Therability’s capabilities, product line, management team and market size, Thawer Ashcroft Crowne & Co. has entered into an agreement with Therability that will create a joint entity, TAC Therability LLC. This LLC will provide investors with a default-proof, collateral- backed portfolio of fully funded assets. The assets will have combined face values equal to or exceeding the total amount invested in Therability and will offer full security for the invested funds, in the event of a future default by Therability.
A Delaware company incorporated in March 2003, Therability is the owner of one patent and several patents pending for a revolutionary line of smart exercise machines for home use designed for Baby Boomers. Its products will be available to the pubic fourth quarter 2011 and will be marketed under the Sharper Image brand. Therability projects sales in excess of $50 million by 2015.
Thawer Ashcroft Crowne & Co.’s innovative and intricate financial investment models play an influential part in acquiring capital for various industries through its nonconventional yet solid strategies, which entail offering an investment security via full collateralization of distinct asset classes. Thawer Ashcroft Crowne & Co is a pioneer in offering such security to all parties engaged, yielding favorable results.
This agreement demonstrates a formula for funding companies that have strong growth and large market potential without incurring substantial risk to the investors.
Thawer Ashcroft Crown & Co. Contact:
Rahim Thawer, Managing Director
404.865.3389
Rahim@disruptinc.com
Therability Contact:
Michael Ross, CEO
858.622.1637
mpr@therability.com
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