6145 Wedgwood Drive
Fort Worth, Texas 76133
Surety Capital factors funeral home accunts receivable that are secured with proceeds from life insurance policies
|Market Value1 ||$489,629 ||a/o May 18, 2011 |
|Shares Outstanding ||16,320,973 ||a/o May 02, 2011 |
|Float ||7.2m |
|Authorized Shares ||20,000,000 ||a/o May 02, 2011 |
|Par Value ||0.01 |
All officers hold 9.2m (56.11%)
immediate Abrams Family owns or controls directly or indirectly at least 8,396,317 shares.
SRYP has offered common stDck for services rendered during the past two years as follows:
Ralph Mendoza 100,000 shares
Marcus J'vIarsden, Jr. 100,000 shares
Tim Rasa 100,000 shares Julie
Martinez Abrams 100,000 shares
The stock issued to each person above was for their becoming a director ofSRYP.
(100,000 shares in todays price of 0.03 is just $3000. How much is Two years of their service is worth?)
Veronica Herrera was issued 100,000 shares in exchange for an employment agreement she executed with SRYl) to operate HFC.
Stock issued to RNAT
Richard N. Abrams Trust ("RNAT") was issued 3,000,000 shares for its sale to SRYP of Herrera Financial Company's name, customer's list, trade secrets, sales literature, procedures, website, www.herreratlnanciaI.net. goodwill and a $400,000 line of credit. (If we fix a price for all these at say $1m, then the shares are worth $33.33) http://www.otcmarkets.com/stock/SRYP/news/SURETY-ANNOUNCES-IT-%22FRIENDS-REWARD-PROGRAM%22?id=30644&b=y
SURETY PROUDLY ANNOUNCES "FRIENDS REWARD PROGRAM" - 05/19/2011
Our Board of Directors has authorized a "Friends Reward Program" ("FRP") for only its clients. It is similar in concept to your credit card reward programs or the airline rewards program. FRP will award you points for the business done with Herrera monthly. You receive 1 point for every dollar of business. Therefore, if you do $10,000. of funeral insurance assignments with us during the month, you would receive 10,000 points. For every 5,000 points you accumulate during the year, you may request 1 share of SRYP.PK stock (again similar to the credit card where you accumulate 25,000 points you can get a free round trip ticket from the airline or something else they offer). The stock will be issued upon your request but because the FRP program is a private program and limited to only our clients and Surety Capital is not required to file reports with the Securities and Exchange Commission your stock must be held as a long term investment. This requirement will be printed on the stock certificates you receive. The only difference with FRP and the credit card reward programs is you don't have to buy anything or spend any money to participate - - you only have to do your funeral insurance assignments with us at our competitive rate.
This looks like the credit cards or other CASH BACK offers when you do shopping. normally they offer 10% cash back, so if you offer same 10% cash back here in our case, 5000 points means, $5000 spent and 10% is $500. so 1 share per 5000 points means where do you price SRYP shares? even 10% of it (ie 1% of the money spent/cash back) is equal to $50 which is our share price!!!!!!!!!!!!