Gelbvieh breeders and
other interested investors will have a second window of investment opportunity,
as additional units of Gelbvieh Profit Partners will be offered this fall.
During their April 2006 meeting, the Gelbvieh Profit Partners Board of Directors
authorized a second round of equity financing to increase the company's capitalization.
In making the announcement, Gelbvieh Profit Partner's President Steve Munger
remarked, “Although the company is still in its infancy, it has had a measurable
impact in industry recognition of the Gelbvieh breed's belief in its own product.
“Increasing the company's capitalization level at this point will increase the
market presence of Profit Partners and further spotlight the value of Gelbvieh
influenced feeder cattle.”
To date, Gelbvieh Profit Partners has fed and marketed over 2,500 head of Gelbvieh-influenced
cattle in just its first cycle of operations. While the cattle feeding business
is subject to “ups and downs” in the market, this represents a good opportunity
“The current decreased value of finished and feeder cattle has made Gelbvieh
Profit Partners a more attractive value for the investor,” according to John
Carrel who manages the cattle portfolio for Gelbvieh Profit Partners. “What better
way to add value to your product than by offering your customer a market alternative
for their feeder cattle.”
The deadline for investment is September 30, 2006. Shares in the company will
be priced at the close of the fiscal year on September 30, 2006. This way new
investment will be at a par value on that date with existing units of the company.
Interested investors should contact Wayne Vanderwert at 303-465-2333 for more