Waterside invests in card company By Tom Shean, The Virginian-Pilot,
November 2, 2007
NORFOLK | Waterside Capital Corp., a Norfolk small-business investment company, said Thursday that it made an initial $450,000 equity investment in Decipher Inc., a Norfolk producer of game-trading cards, including cards involving “Lord of the Rings,” “Star Trek” and “Star Wars” games.
The investment will be used to restructure Decipher’s debt and enable the company to grow, Waterside said. Decipher, it said, had been hurt by changes in the trading-card industry and management issues. However, the company has the people, know-how and connections to recover its stature in the industry, Lin Earley, Waterside’s chief executive officer, said in a statement.
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