BUSINESS: Financial PFO Global Group Finalizes Investment Agreement With Grenville By Staff Monday, March 03, 2014 12:26 AM IRVING, Texas— PFO Global Group has completed an agreement with Grenville Strategic Royalty Corp. (TSXV: GRC) for the purchase of a gross sales royalty from Pro Fit Optix Holding Company, LLC, doing business as PFO Global Group (“PFO”), for a purchase price of US $1 million, with an option, at Grenville’s election, to advance an additional US $500,000. In exchange for these advances, Grenville will receive a royalty based on PFO’s gross revenues within Grenville’s targeted 1 percent to 4 percent royalty range, subject to certain adjustments. “PFO fits our investment profile, with a world class team led by chairman Charles Posternack, MD and CEO Rudolf Suter, and a robust high growth revenue pipeline,” commented Grenville CEO Bill Tharp. “We see PFO as a solid opportunity to diversify our royalty portfolio into the health care marketplace, where recent legislative trends in the United States are creating a major shift in the market. We believe that PFO’s combination of software, products and service are ideally suited to take advantage of that change. "Additionally, this investment, which is intended to produce both a return on investment to Grenville and a cost to PFO that falls between what would traditionally be expected in a debt or equity financing, represents the sixth royalty-based financing completed by Grenville, but is the first made with capital received as a result of the company’s recently completed business combination with Troon Ventures Ltd., which we committed to put to work as soon as practical.” PFO, based here, manufactures and distributes eyewear through proprietary manufacturing, ordering and delivery systems that reduce cost to eyewear providers and offer a broader range of choice to participants in the U.S. Medicaid and Medicare programs. PFO is poised to participate in this rapidly growing market following implementation of the Affordable Health Care Act in the U.S. Grenville is a Toronto-based company that provides royalty-based finance solutions by acquiring revenue streams generated by growing industrial and technology businesses.