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Latest Spectrum Business Ventures Inc. Stories

2014-08-06 20:23:21

Investors in upscale luxury nightclub reach agreement MIAMI, Aug. 6, 2014 /PRNewswire/ -- Spectrum Business Ventures announced today that all recent legal actions by three of the co-investors in OFG Investors, LP have been resolved and terminated. The original filing arose from a misunderstanding regarding how funds were utilized for the Adore nightclub project in Miami Beach, Florida. A joint statement by all parties states that: "Subsequent to filing litigation, the parties...

2010-12-06 15:52:00

KANSAS CITY, Mo., Dec. 6, 2010 /PRNewswire/ -- Spectrum Business Ventures, Inc. ("SBV") and affiliates have closed the purchase of the assets in Chapter 11 bankruptcy of E3BioFuels - Mead, LLC ("E3 Mead"). With closing, SBV properly collateralized all the necessary aspects of the patented, closed-loop ethanol production facility. As part of the purchase, SBV secured a super senior position in the facility, as well as, financially restructured the facility so it can operate profitably....


Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'