SONA CAPITAL, INC AND COMMONWEALTH CAPITAL ADVISORS SIGN PRIMIER DISTRIBUTOR AGREEMENT

Released on = June 20, 2006, 11:53 am

Press Release Author = Commonwealth Capital Advisors & Sona Capital, Inc.

Industry = Small Business

Press Release Summary = SONA TO OFFER PATENT PENDING FINANCIAL ARCHITECT® SYSTEM TO
ENTREPRENEURS AND PROFESSIONALS THROUGH LIGHTSTONE ADVISORS, LLC.

Press Release Body = CHICAGO, ILLINOIS June 20 - Sona Capital, Inc., a private
equity firm (SCI) announced today that the company has signed a Premier Distributor
Agreement with Commonwealth Capital Advisors (CCA) an investment banking advisory
firm, to provide CCA's patent pending Financial Architect® System to entrepreneurs
and professionals who want to maintain control of the funding process. Sona will
service this agreement through its wholly owned subsidiary Lightstone Advisors, LLC,
a business and capital advisory firm.

Commonwealth Capital Advisors has revolutionized the way entrepreneurs raise
start-up and early stage capital in the United States through their Financial
Architect® System. The Financial Architect® System is an alternative solution for
raising capital. The System simply uses the techniques, strategies and tactics used
by Wall Street stockbrokers. Most entrepreneurs seek equity capital from
institutional sources, such as venture capital firms and investment banks. The main
problem is that most venture capital firms and investment banks do not fund start-up
and early stage companies

The Financial Architect® System is a system that includes: an E-book that contains
the \"Fundamentals\" of raising capital using the Wall Street process that rarely
change; sophisticated software program modules that enable one to run pro forma
financial projections compliant to GAAP standards, create a marketable deal
structure and produce the actual securities offering documents. CCA has become the
advocate for the entrepreneur by specializing in assisting start-up and early stage
companies raise seed, development, and expansion capital through the issuance of
securities. The amounts can range from $100,000 to $20,000,000.

\"Only 1.5% of start-up and early stage companies are funded by venture capitalists
or investment banks, leaving the rest to turn to commercial bank loans. A private
placement or limited public securities offering is generally a more effective way
for entrepreneurs or even established companies to raise needed capital. The
Financial Architect® System\'s Expert Suite is a full turn-key system that provides
accountants and attorneys with the tools necessary to assist their clients in
producing these securities offering documents in a cost-effective manner,\" said
Timothy Hogan, CEO of Commonwealth.

Professional service providers, such as accountants and attorneys who assist small
businesses owners, can enhance and expand their practices with the Financial
Architect® System Expert Suite, which contains the four most popular deal structures
for capitalizing start-up and early stage companies. The system modules contain the
required documentation for corporations, limited liability companies and
partnerships to comply with federal and state(s\') securities laws, rules, and
regulations.

"We are delighted to represent such an innovative and timely product line, said
Dilpreet Jammu, CEO of Sona Capital, Inc. The CCA Financial Architect® System and
Expert Suite is a tremendous offering that will greatly enhance our Lightstone
Advisors Business Assessement and Initial Due Diligence products for small and
mid-sized companies." " Sona will work passionately to bring these tools to the
entrepreneurial and professional services community," Jammu stated.

The agreement allows Sona Capital through its wholly owned subsidiary Lightstone
Advisors to provide a complimentary copy of the e-book to entrepreneurs worldwide
entitled, "The Secrets of Wall Street - Raising Capital for Start-Up and Early Stage
Companies". It is available for download now at:
http://www.CommonwealthCapital.com/members/lightstone
The hard cover edition will be in bookstores nationwide September 7th, 2006
published by Easton Studio Press.
Commonwealth Capital Advisors, LLC is a company that specializes in assisting
start-up and early stage companies with the capital raising process. The Financial
Architect® System includes sophisticated software template programs that enable
entrepreneurs and their professional advisors to conduct a private placement or
limited public offering on their own, following a step-by-step process. For
additional information visit their web site: www.CommonwealthCapital.com

Sona Capital, Inc. is a private equity firm focused on small and mid-sized company
investments in the telecommunications, software, light manufacturing, media and
healthcare industries with and enterprise value of between 2 million and 25 million.
For additional information visit their web site: www.SonaCapital.com

Lightstone Advisors, LLC is an independent business and capital advisory firm
focused on the capital requirements of small to mid-sized companies. Lightstone
assesses the company and its management for problem areas prior to meeting with
investors, allowing the company to enhance its strengths and fix any "red flags"
thereby preparing the company with the best chance to gain the funding they require
and attain their goals. Lightstone Advisors offers Business Assessment, Initial Due
Diligence, Capital Advisory Services and Capital Development services to its
customers. Lightstone Advisors, LLC is a wholly owned subsidiary of Sona Capital,
Inc. For additional information visit their web site: www.LightstoneAdvisors.com



Web Site = http://www.CommonwealthCapital.com/members/lightstone

Contact Details = Charles David Dreher
Executive Vice President
Commonwealth Capital Advisors
1-312-540-1938
cdreher@CommonwealthCapital.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •