|
|
Investment Opportunity
3S is offering several simultaneous investment opportunities to cater to short and long-term investor needs and requirements. 3S seeks to keep the structure of the financing simple and flexible. 3S is incorporated with 10,000,000 shares of stock. The Board of Directors has authorized the issue of 3,000,000 shares of common stock, in addition to debentures for the first and second phase of the offering.
Phase 1 of the offering is composed of 750,000 shares of common stock and 750,000 debentures (50%). Phase 1 is a linked offering meaning that for each share of $1.00 common stock purchased, a $1.00 debenture must also be purchased. 3S possesses the right to repurchase the debentures at $1.00 within a five-year period from allotment. 3S founders will collectively own 500,000 share of common stock.
Once Phase 1 had been fully subscribed, 3S will issue 500,000 shares of common stock at $1.50. Additionally, 500,000 shares of $1.50 preferred stock will be available. The preferred shares will carry a 13% dividend to be paid annually. The shares in the second phase will also be a linked offering: two common shares linked together with one preferred share. 3S will hold the right to redeem the preferred shares from holders at $2.50. This action can take place within eight years of issuance.
The founders will be issued warrants for: a) options for 2,000,000 shares of common stock at $2.00/share within five years, and b) an additional option for 1,000,000 shares of common stock will also be available at $5.00/share within eight years.
E-Mail
me at BramigeB@hotmail.com