Category Archives: Financing

KURE’s Franchise continuous growth

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“We are so impressed to see Kure have so much interest from potential franchise investors. Being approved in 36+ states paves the way for the company to really expand across the United States successfully. We continue to support this company to the fullest”. – Martin Sumichrast, Chairman, Level Brands Inc

CHARLOTTE, N.C., Sept. 1, 2015 /PRNewswire/ — It didn’t take long for interest in KURE franchises to heat up.

Just three weeks after launching its franchising program, the upscale vaporium and lounge retailer has signed its first two agreements for 22 new locations in the Carolinas. The first franchise locations will be split evenly, with 11 locations scheduled each for South Carolinaand North Carolina. The first in each state are scheduled to open before the end of the year.

This comes after KURE will have opened six corporate owned lounges in the last nine months, with five in the Charlotte area and one located in Boca Raton, Florida.

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Social Reality Beats Guidance to Achieve Record Revenue and Net Income Profitability for Q2 2015

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LOS ANGELES, CA — (Marketwired) — 08/13/15 — Social Reality, Inc. (OTCQB: SCRI), an Internet advertising and platform technology company that provides tools to automate the digital advertising market, today announced second quarter 2015 financial results.

Social Reality, Inc. is an Internet advertising company that provides tools to automate the digital advertising market. The company has built technologies and leveraged partner technologies that service social media and the Real Time Bidding (RTB) markets. For more information, please visit www.socialreality.com.

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Martin Sumichrast joins Kure Corp Board of Directors

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Charlotte NC, January 20, 2015 – KURE Corp (“KURE”), announced today its members of the board of directors. David Peterson, CEO of KURE Corp comments, “We want to continue to recruit the best talented leaders and world class directors for our organization. Each of our members has a specific expertise they bring to KURE from finance, real estate, to international business. We are excited to have these recognized professionals as members of our board that will contribute significant value to our long term success.”

The members of KURE’s board of directors are as follows:

Martin A. Sumichrast is the Chairman and CEO of Level Brands Inc. Marty Sumichrast also serves as a Trustee and Chairman of the Nominating and Governance Committee’s of the Babson Capital Growth Short Duration High Yield Fund, Inc. and the Babson Capital Funds Trust, Inc; and is an Executive Director of the Jadeveon Clowney Help-In-Time Foundation, a not-for-profit charity.

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Martin Sumichrast on Kure Corp Financing

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Charlotte NC, January 14, 2015 – KŪRE Corp (hereinafter referred to as “KŪRE”), a leading global vapor brand, announced today that it has successfully completed $4.25 million in expansion capital financing from institutional and accredited investors. The financing was led by Martin Sumichrast, a Charlotte, North Carolina based merchant banker.  The capital will be used primarily to expand KŪRE’s brand and retail store expansion in the United States.

KŪRE’s executives and principals are all seasoned business entrepreneurs with nearly 20 years of individual expertise in taking start-ups from initial incubation to profitability. KŪRE’s support staff has extensive product distribution and industry experience. This financing will enable KŪRE to carry out its business plan to open approximately 8 ‘KŪRE Vaporium & Lounge’ locations across the United States in 2015.

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