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Krinos Kares Foundation to host outing to benefit St. Jude’s

Krinos Group Golf Outing Promotional PosterIn an effort to bring further awareness to great causes and foundations, Krinos Group has established the Krinos Kares Foundation.

The first event hosted by Krinos Kares will be a golf outing to benefit St. Jude Children’s Research Hospital. The outing will be held June 30 at Mill Creek Golf Course in Boardman, OH at 10 a.m.

The outing will be organized as a four-player team scramble with golf prizes for closest to the pin, longest drive, and overall winners. Of course, all proceeds will be donated to St. Jude so we are accepting a variety of donations.

Team registration, and participation, is free, but there are still several ways contribute to this great cause. We are searching for hole sponsors, a $150 donation; tent sponsors, a $50 donation; golf prize and Chinese auction prize donations; and general donations.

You can learn more about the event, how to donate, sponsor or participate, through the official 1st Annual Krinos Group Golf Outing event pages:

Official Facebook Event Page

Official St. Jude Special Event Page

If you have any further questions, you can contact us through the following outlets:

P. 330-742-4020

E. bbornes@krinosgroup.com

We hope to see you out on the course for a great day in the name of a great cause!

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More concern over tobacco bonds

If you don’t consider yourself a speculative investor, but still hold tobacco bonds originally purchased as investment-grade securities, Moody’s recent announcement may give you pause.

This month, the rating agency announced it had placed more than $20 billion of municipal bonds backed by revenues from tobacco companies under review. Moody’s is concerned that a proposed settlement between the major tobacco manufacturers and 17 states, the District of Columbia and Puerto Rico may reduce the cash flow that supports the bonds.

Our friends over at FMS, Bonds Inc. are at it again. Take a look at this article by James A. Klotz originally published on Jan. 29.

http://www.fmsbonds.com/News/bond_article.asp?id=434

Photo Credit: iStockPhoto