Oct 22 2009
Aero Financial, Inc., announced today that the company has acquired controlling interest in Entelechis Corporation, a health and education company based in Park City, UT.
Aero Financial was a founding investor in Entelechis and has been an ongoing consultant to the company for over four years. Under the terms of the agreement, Aero Financial has agreed to assume certain liabilities of the company for the control equity position. Don Tolman will remain the company CEO, and will continue to create and market innovative health, educational and nutritional products and services that are sold through the company's website as well as national and international seminars.
Don Tolman, CEO of Entelechis, states, "We have entered the age of applied imagination and Entelechis is at the forefront of the self-education and self-care revolution. Our corporate web site and our seminars are premier destinations for educational, mental, and physical enrichment products and services. I deeply appreciate the ongoing guidance that Aero Financial has given us over the past several years and I'm equally enthusiastic about their additional commitment to assist us in expanding Entelechis to its fullest potential."
Jim Price, CEO of Aero Financial states, "Don Tolman is one of the most dynamic personalities in the world and I believe he is one of today's foremost experts on self-education and self-care. With Aero's added commitment to Don and Entelechis, we will jointly be able to utilize our strengths, fully develop the business model and lead the company to an Initial Public Offering in 2010."