BOCA RATON, FL / ACCESSWIRE / February 6, 2024 / Entrex Carbon Market, Inc (OTC PINK:RGLG) today announced that its whole owned subsidiary, Entrex NewLeaf, shall initially provide investors 1% monthly returns (12% annually) distributed to NewLeaf investors.
"Interested investors asked us if we could distribute interest payments monthly versus a large lump sum and we feel their request is something we can deliver" said Stephen H Watkins, CEO of Entrex. "Investors have monthly expenses and we feel it only appropriate to offer them monthly income from our ESG projects".
"The Entrex NewLeaf provides its shareholders access to monthly income from a diversified basket of professionally managed US based carbon offset projects" said Tom Harblin, Partner of Entrex Carbon Market. "We feel by offering monthly yield we offer brokers access to an investment product to meet their clients ESG/Green investment interests while supporting their cash flow appetite".
"We see the structure of NewLeaf a win-win for Entrex Carbon Market and NewLeaf yield Investors. The structure today is non-dilutive to the public company yet offers many benefits for investors in both the NewLeaf yield structure and Entrex Carbon Market equity stockholders" continued Watkins. SEC filing available here
"Entrex has filed all requested documents with FINRA for the Entrex RGLG name and symbol change. We await their verification which will enable us to file the necessary documents to be Pink Current on the OTC market with our intent to uplist to the QX market later this year. In the interim we're focused on our NewLeaf project financing which is non-dilutive to Entrex shareholders while providing the projected revenue and profits for 2024" continued Harblin.
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About Entrex Carbon Market:
Entrex Carbon Market established a leading market to trade securitized carbon offsets. Today the company works with carbon offset project owners to create "compliance grade" carbon offsets which have been institutionalized by Wall Street brand name providers. Today the company works with dozens of carbon projects, each registered and authenticated to provide credible, institutional, securities traded to customers through broker dealers servicing their client's needs.
For further information:
Stephen H. Watkins, CEO
Entrex Carbon Market, Inc
(OTC:RGLG)
(561) 465-7580 or 877-4-ENTREX
SOURCE: UHF Logistics Group-dba Entrex Carbon Markets
View the original press release on accesswire.com
