صاعد نازل
عضو مميز
- التسجيل
- 1 نوفمبر 2004
- المشاركات
- 8,096
هذا الخبر
TEMECULA, Calif.--(BUSINESS WIRE)--Sept. 7, 2005--
S3 Investment Company, Inc. (OTCBB:SEIH) today announced
that portfolio investment Redwood Capital Inc. has signed an initial
investment banking agreement with Jaso Holdings, Limited, one of the
largest high-value property development, construction and management
firms in the cities of Shanghai and Suzhou, China. Jaso Holdings has
reported over $78 million in 2004 total revenues and is projecting
over $100 million in 2005.
The initial agreement calls for Redwood Capital to manage a
reverse merger of Jaso Holdings into a public U.S. company and obtain
funding in U.S. capital markets through an initial Private Investment
in Public Equity (PIPE) followed by a listing on a U.S. national
market and a subsequent secondary registered offering. As with all
clients, Redwood Capital is expected to receive compensation for its
participation in the form of up-front fees, ongoing fees for strategic
planning services, equity in the company and warrant coverage.
Additional fees for services and equity/warrant participation are
anticipated in follow-on public offerings for Jaso Holdings.
"Redwood Capital has identified Jaso Holdings as an ideal
candidate that meets our gold-standard requirements for entry in the
U.S. public markets, and we are pleased to have Redwood's third
investment banking client signed and in the pipeline for a U.S.
listing," commented Brad Smith, executive vice president of S3
Investment Company. "While the final numbers will vary depending on
the amount of the investment offering and the future value of each
company's stock, Redwood Capital stands to generate six-figure revenue
through each client's reverse merger process as well as equity in the
company and subsequent warrant coverage."
Jaso Holdings is one of the largest property developers with its
own construction capability in Shanghai and Suzhou. The company
principally engages in the development and sale of high value
commercial, industrial and residential properties, as well as
ancillary property management services. The company's 2004 net income
topped 7.5 million and it projects over 10 million in net income for
2005.
"We look forward to completing the remaining due diligence and
site visits with Jaso Holdings, so that Redwood can enter into a
definitive agreement and begin introducing this client to the U.S
investment community," added Mr. Smith.
فيا اخوان تنصحونى اشتريه ؟!
ملاحظة : لم يعطينى الفلتر اي اشاره عن سهم
TEMECULA, Calif.--(BUSINESS WIRE)--Sept. 7, 2005--
S3 Investment Company, Inc. (OTCBB:SEIH) today announced
that portfolio investment Redwood Capital Inc. has signed an initial
investment banking agreement with Jaso Holdings, Limited, one of the
largest high-value property development, construction and management
firms in the cities of Shanghai and Suzhou, China. Jaso Holdings has
reported over $78 million in 2004 total revenues and is projecting
over $100 million in 2005.
The initial agreement calls for Redwood Capital to manage a
reverse merger of Jaso Holdings into a public U.S. company and obtain
funding in U.S. capital markets through an initial Private Investment
in Public Equity (PIPE) followed by a listing on a U.S. national
market and a subsequent secondary registered offering. As with all
clients, Redwood Capital is expected to receive compensation for its
participation in the form of up-front fees, ongoing fees for strategic
planning services, equity in the company and warrant coverage.
Additional fees for services and equity/warrant participation are
anticipated in follow-on public offerings for Jaso Holdings.
"Redwood Capital has identified Jaso Holdings as an ideal
candidate that meets our gold-standard requirements for entry in the
U.S. public markets, and we are pleased to have Redwood's third
investment banking client signed and in the pipeline for a U.S.
listing," commented Brad Smith, executive vice president of S3
Investment Company. "While the final numbers will vary depending on
the amount of the investment offering and the future value of each
company's stock, Redwood Capital stands to generate six-figure revenue
through each client's reverse merger process as well as equity in the
company and subsequent warrant coverage."
Jaso Holdings is one of the largest property developers with its
own construction capability in Shanghai and Suzhou. The company
principally engages in the development and sale of high value
commercial, industrial and residential properties, as well as
ancillary property management services. The company's 2004 net income
topped 7.5 million and it projects over 10 million in net income for
2005.
"We look forward to completing the remaining due diligence and
site visits with Jaso Holdings, so that Redwood can enter into a
definitive agreement and begin introducing this client to the U.S
investment community," added Mr. Smith.
فيا اخوان تنصحونى اشتريه ؟!
ملاحظة : لم يعطينى الفلتر اي اشاره عن سهم
