A Santa Fe, New Mexico private equity group, has invested the amount of $500,000 in The One World Doll Project, a subsidiary of One World Holdings, Inc.
“Today’s announcement represents a significant vote of confidence in The One World Doll Project by this group of preeminent, long-term investors,” said Joanne Melton, One World CEO. “This financing has provided an immediate cash injection on terms more favorable to One World Holdings, thus allowing for systematic reduction and elimination of existing convertible note financing that, upon conversion, could have resulted in the influx of millions of shares into the market,” she added.
“One World recently presented at the International Toy Fair in New York City and has secured a retail distribution deal with a multi-billion dollar retail chain with stores in the United States and Mexico. We are now finalizing orders with other big-box and online retailers that we met with at Toy Fair 2014 and are preparing for the rollout of three new Prettie Girls! dolls to hit retail shelves and online distributors in time for the Christmas 2014 buying season,” commented Trent T. Daniel, Founder of The One World Doll Project.
Tags: Private Equity, Private Equity Firm, Private Equity Group, Private Equity Company, Private Equity Fund, Private Equity Investment, Private Equity Investor, Fund of Fund, Private Equity Business, Private Equity Industry, PE, Santa Fe, New Mexico Private Equity, The One World Doll Project, One World Holdings, Inc., Joanne Melton, International Toy Fair, New York, NY, United States, US, Mexico, Prettie Girls!, Trent T. Daniel.