Red herring for $8.8 billion pre-IPO private placement ready according to financier Gabor Sandor ACS.

0 Comments | M2 Presswire, December, 2003

M2 PRESSWIRE-22 December 2003-Free and Clear Press Corps: Red herring for $8.8 billion pre-IPO private placement ready according to financier Gabor Sandor ACS(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:12212003 NYC, New York - After ten years of groundbreaking development work, and a three-year hiatus of venture capital investors, Gabor Sandor Acs, Chairman of Advanced Capital Services Corporation (ACS), is hitting the fund-raising trail.

As old-line venture capitalists wade back into the illiquid waters of venture funding, bringing the promise of rich returns on the cusp of an improving economy and a long-touted tech-spending rebound, ACS is taking a different tact. Not all investors, however, will have access to this high-risk asset class, and that's...