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Private Stock Offering:
The company has previously offered shares of common stock to "accredited investors" in a Private Offering. The minimum investment must be at least $15,000. An "accredited investor" is defined within the meaning of Rule 501(a) under the Securities Act of 1933.
"Accredited investors" must meet one or more of the following requirements:
(i) The investor is a natural person whose net worth, individually or jointly with spouse, exceeds $1,000,000 (inclusive of the value of home, home furnishings and automobiles);
Or
(ii) The investor is a natural person whose personal income exceeded $200,000 in 2005 and 2006 or joint income with that person's spouse was in excess of $300,000 in each of those years, and who reasonably expects personal income exceeding the same level in 2007;
Or
(iii)The investor is an entity (e.g., a corporation, partnership or trust) all of the holders of equity interest of which meet the requirements of either category (i) or (ii) above.
If you or your organization meets the qualifications described above and have interest or questions about any Private Offering, please email Doug Ross at dougr@booksfree.com with your name, address, telephone number and email address and level of interest. We will be happy to let you know of any further private offers.
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