ENGLEWOOD, N.J.,
Sept. 3, 2015 (GLOBE NEWSWIRE) --
Point Capital Inc. (OTCQB:PTCI),
"We produced a net increase in net assets resulting from operations for the second consecutive quarter after growing 25.6% in 2014. The companies in our portfolio have great opportunities and we've attempted to buy right," said Richard Brand, CEO.
In Q2 we made four new investments. These are as follows:
Pershing Gold Corp. (PGLC) On
April 10, 2015, we completed an investment in
Pershing Gold Corp., a Nasdaq listed company, which operates as a gold exploration company. The company seeks out and develops significant gold exploration and development properties in the state of
Nevada.
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About Point Capital Inc. Point Capital Inc. is an internally-managed business development company whose investment objective is to generate current income and long-term capital appreciation from debt and equity investments.
For more information, please see the Company's website at www.pointcapitalinc.com.