Entrex Carbon Market’s NewLeaf Project Funding Entity Announces 1 Percent Monthly Dividend Distributions from Carbon Offset Projects

Rhea-AI Summary

Entrex Carbon Market, Inc (RGLG) announces its subsidiary, Entrex NewLeaf, will provide investors 1% monthly returns (12% annually) from US-based carbon offset projects. The company aims to offer monthly income to investors while awaiting verification for a symbol change and focusing on project financing.

BOCA RATON, FL / ACCESSWIRE / February 6, 2024 / Entrex Carbon Market, Inc (OTC PINK:RGLG) today announced that its whole owned subsidiary, Entrex NewLeaf, shall initially provide investors 1% monthly returns (12% annually) distributed to NewLeaf investors.

"Interested investors asked us if we could distribute interest payments monthly versus a large lump sum and we feel their request is something we can deliver" said Stephen H Watkins, CEO of Entrex. "Investors have monthly expenses and we feel it only appropriate to offer them monthly income from our ESG projects".

"The Entrex NewLeaf provides its shareholders access to monthly income from a diversified basket of professionally managed US based carbon offset projects" said Tom Harblin, Partner of Entrex Carbon Market. "We feel by offering monthly yield we offer brokers access to an investment product to meet their clients ESG/Green investment interests while supporting their cash flow appetite".

"We see the structure of NewLeaf a win-win for Entrex Carbon Market and NewLeaf yield Investors. The structure today is non-dilutive to the public company yet offers many benefits for investors in both the NewLeaf yield structure and Entrex Carbon Market equity stockholders" continued Watkins. SEC filing available here

"Entrex has filed all requested documents with FINRA for the Entrex RGLG name and symbol change. We await their verification which will enable us to file the necessary documents to be Pink Current on the OTC market with our intent to uplist to the QX market later this year. In the interim we're focused on our NewLeaf project financing which is non-dilutive to Entrex shareholders while providing the projected revenue and profits for 2024" continued Harblin.

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About Entrex Carbon Market:

Entrex Carbon Market established a leading market to trade securitized carbon offsets. Today the company works with carbon offset project owners to create "compliance grade" carbon offsets which have been institutionalized by Wall Street brand name providers. Today the company works with dozens of carbon projects, each registered and authenticated to provide credible, institutional, securities traded to customers through broker dealers servicing their client's needs.

For further information:

Stephen H. Watkins, CEO
Entrex Carbon Market, Inc
(OTC:RGLG)
(561) 465-7580 or 877-4-ENTREX

SOURCE: UHF Logistics Group-dba Entrex Carbon Markets

View the original press release on accesswire.com

FAQ

What is the monthly return rate for Entrex NewLeaf investors?

Entrex NewLeaf will provide investors with a 1% monthly return, equivalent to 12% annually.

What type of projects will Entrex NewLeaf offer monthly income from?

Entrex NewLeaf will offer monthly income from a diversified basket of professionally managed US-based carbon offset projects.

What is the status of Entrex's symbol change with FINRA?

Entrex has filed all requested documents with FINRA for the Entrex RGLG name and symbol change and is awaiting verification.

What market does Entrex intend to uplist to later this year?

Entrex intends to uplist to the QX market later this year.

Is the NewLeaf project financing dilutive to Entrex shareholders?

The NewLeaf project financing is non-dilutive to Entrex shareholders.

What are the projected revenue and profits for Entrex in 2024?

Entrex is focused on NewLeaf project financing, which is projected to provide revenue and profits for 2024.