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Solar Energy Initiatives, Inc. SNRY Reverse Merger Research
Research is provided by the readers on the Board today and from my
own research
Share Structure
Authorized Shares 100,000,000
Common Outstanding 100,000,000
Founders & Insiders 7,877,144
per 10q filed for first quarter
State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date: as of
March 22, 2011 the Company had 100,000,000 shares of its common
stock, par value per share $0.001, issued and outstanding.
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/b8bd4cff33/FilingID=7814997 -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/ff49b806be/FilingID=7814997%3Cbr%3E
Increase in A/S to allow for the preffered shares now per filing
below. This is not dilltution as thye did that beofere the first of
the eyar and explains why the price wnet down the last six months of
last year these shares are already on the market and I do not see
them doing anymore share sales to the market now. Rather these
preffered shares will be sold to major investors and not as common
shares. Remember that for each preffered the A/S has to have the
shares in commons so 10 million prefered qould be used as the 650
million A/S increase.
AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL
YEAR.
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/40071733aa/FilingID=7827993 -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/c83724ee09/FilingID=7827993%3C/div%3E
On March 28, 2011, Solar Energy Initiatives, Inc. (the "Company")
amended its certificate of incorporation to increase its authorized
shares of common stock from 100,000,000 to 750,000,000 (the
"Increase Amendment"). In addition, the Company authorized
10,000,000 shares of blank check preferred stock (the "Preferred
Shares"). The Increase Amendment and the Preferred Shares were
approved by the board of directors as well as the shareholders
holding a majority of the issued and outstanding shares of common
stock pursuant to a written consent dated March 16, 2011. The Board
of Directors may determine to issue Preferred Shares. If issued,
the Preferred Shares may be created and issued in one or more series
and with such designations, rights, preferences and restrictions as
shall be stated and expressed in the resolution(s) providing for the
creation and issuance of such Preferred Shares. If Preferred Shares
are issued and the Company is subsequently liquidated or dissolved,
the preferred stockholders may have preferential rights to receive a
liquidating distribution for their shares prior to any distribution
to common shareholders. Although we have no present intent to do
so, we could issue Preferred Shares with such terms and privileges
that a third party acquisition of the Company could be difficult or
impossible.
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/dc271c947c/FilingID=7827993
here is the full statement and without bias to look at just the
commons.
ITEM 5.03 AMENDMENTS TO ARTICLES OF
INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR.
now this A/S increase below is not being used to sell commons shares
at all
On March 28, 2011, Solar Energy Initiatives, Inc. (the "Company")
amended its certificate of incorporation to increase its authorized
shares of common stock from 100,000,000 to 750,000,000 (the "Increase
Amendment").
As most know the preferred shares that are in a company also have to
have a corresponding number of common shares for each preferred for
conversion. preferred converted added to the commons is not allowed
to exceed the A/S of the company.ten million preferred is the reason
for the raise in A/S
In addition, the Company authorized 10,000,000 shares of blank check
preferred stock (the "Preferred Shares").
preferred shares are usually used to raise capital with large
shareholders or institutions and not they are sold to you and I on
the open market who own commons.
people investing hundreds of thousands and million do not want to be
just common holders. also they tend to buy more on the open market
to control there total net worth of the preferred they own in
private placements and open market buys.
The Increase Amendment and the Preferred Shares were approved by the
board of directors as well as the shareholders holding a majority of
the issued and outstanding shares of common stock pursuant to a
written consent dated March 16, 2011. The Board of Directors may
determine to issue Preferred Shares.
If issued, the Preferred Shares may be created and issued in one or
more series and with such designations, rights, preferences and
restrictions as shall be stated and expressed in the resolution(s)
providing for the creation and issuance of such Preferred Shares. If
Preferred Shares are issued and the Company is subsequently
liquidated or dissolved, the preferred stockholders may have
preferential rights to receive a liquidating distribution for their
shares prior to any distribution to common shareholders. Although
we have no present intent to do so, we could issue Preferred Shares
with such terms and privileges that a third party acquisition of the
Company could be difficult or impossible.
Fridays Newsletters on SNRY from Google
Whisper From Wall Street -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/1fc471b195 SNRY- Solar Energy Initiatives, Inc. SNRY shares have
risen on news of Tennessee Valley projects with a projected revenue
of $10 million! ...
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/0c516b64a2
Penny Stocks -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/f5d73c584c SNRY - Solar Energy Initiatives, Inc. started by Dagny
(7/29/09 at 1:43pm). 123 · Wow 130% up! 6/17/11 at 11:27am by
fonzy35 ...
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/c3ce12e9ac
Solar Stocks - Search | Top Stock Picks -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/c26cf182ea 17 Jun 2011 ... SNRY - Solar Energy Initiatives, Inc.
markets and sells solar power products, systems, ...
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/9f2d326648 ...
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/4fc350be3f
Support/Resistance
Type Value
Conf. -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/b1282a7be8/page=fib#confluence
resist. 0.06 2
resist. 0.05 4
resist. 0.05 2
resist. 0.04 3
resist. 0.03 5
resist. 0.02 5
resist. 0.01 9
supp 0.00 26
supp 0.00 7
Happy Fathers Day Waveriders
This is all we know as a group now on the Solar Energy Initiatives,
Inc. SNRY, and this is a joint research email. The best way for all
to get involved is in research and sharing of that research at the
IHUB board. I will list the three benefits to this research sharing
below.
I will also in this newsletter provide many links and information
that are needed to do your own research to decide to buy or not. Now
it is your turn to further that research and help others to install
confidence in why you chose to invest in SNRY.
When doing research this helps to decide how many shares to buy
It helps insure capital preservation and confidence in all that you
invest
The research will allow you to build a game plan or strategy in all
stock purchases and set a time frame on all your investments
This email will contain some information and some speculative
research as too who might be the likely candidate that will be added
to this triangle merger. Please remember this company is an existing
business in solar and is expanding by rolling in another company or
combination of companies based on the last news release.
The PCG is not involved in this merger and we have discontinued all
research on this now.
I will provide all the links to existing websites for the company and
the officer's as well as the Wellfleet partners who is here
now.This is where your research and decision skills come in as you
sort the information provided and come to all the conclusions of this
reverse merger.I will also try and maintain a non bias as to who the
likely company is and rather provide some possibilities of
candidates.
At the same time the chart is showing the technical bounce on Friday
since are first email and accounts for the early day volume. I will
also discuss the resistance points and support levels on this volume
move up.I have always found that investing in the Management is as
important as the product or service they sell. Without responsible
successful management nothing will be a success. I think you will
find the Management at Wellfleet partners to be very capable based on
there recent history of reverse mergers at there website.
if you remember in the first email The Wellfleet is the Managing
partner here to acquire the news business add-on now. Below is a
couple of companies they are focused on at this time from there
website.Enjoy reading this and by all means please use the link below
to pass it onto a friend
Dave
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/90bb12f760
-
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/aeb4a61927 Website Linked to this Triangular Merger
-
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/fd0d0a937c
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/aeb4e7b5e0 .
-
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/b99fddd090
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/48eb0f09d0
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/87e42def22 -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/69e0936c9b
Solar Energy Initiatives Inc. (SNRY) Solar Energy Initiatives, Inc.
Retains Wellfleet Partners, Inc. to Maximize Shareholder Value
Through Mergers and/or Acquisitions
NEW YORK, NY and PONDE VENDRA BEACH, FL, May 04, 2011 (MARKETWIRE via
COMTEX) -- Solar Energy Initiatives, Inc. (OTCBB: SNRY), today
announced that it has retained the 13 year old advisory and
consulting firm Wellfleet Partners, Inc. (Wellfleet) to evaluate and
effectuate a strategic partnership, merger and/or acquisition.
Wellfleet will work to recapitalize the company and seek out new
growth opportunities in order to maximize shareholder value. The
decision was made due to the reduction in value of its current solar
business. "It is apparent that the Company's core business, due to
difficult market conditions, has depreciated in value and thus the
Board of Directors believe that it would be better suited to locate a
transaction that would transition from its current core business to a
business that could maximize value for current shareholders," stated
Mark I. Lev, Chairman and CEO of Wellfleet Partners. "We believe that
with our team of esteemed professionals, our world class advisory
board, and numerous contacts, we will be able to find several
opportunities and then hopefully be able to negotiate a successful
transaction. We will stay actively in touch with the shareholders and
investors as we continue to search for strategic opportunities. We
expect to shortly announce the appointment of two new board members
who will assist us in entertaining all available business
opportunities."
Solar Energy Initiatives
Solar Energy Initiatives, Inc. (OTCBB: SNRY) is a developer of solar
photovoltaic installations. These services are provided through its
wholly owned subsidiary, SNRY Power, who is a developer and manager
of municipal and commercial scale solar projects. For more
information please visit
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/13027f4b4c .
About Wellfleet Partners, Inc.
Wellfleet Partners, Inc. (Wellfleet), a thirteen year old boutique
financial services and consulting firm, was founded by Mark I. Lev in
early 1998. The Company's emphasis is to engage in a wide variety of
corporate finance, venture capital, management consulting and
corporate Investment Banking related activities to a broad range of
public and private emerging small to medium sized growth companies.
In addition, through subsidiaries and/or affiliates, it offers
financial and brokerage services and money management as well and has
strategic partnerships and offices in London, England, Ra'anana, and
Tel Aviv, Israel, Dublin, Ireland, Miami and Fort Lauderdale,
Florida; Southern California (Los Angeles & San Diego), Northern
California (Palo Alto) and in conjunction with MRM Finance LLC,
jointly opened an office in Beijing, China in 2008. Wellfleet renders
all of its fund raising and investment banking related activities
through Sandgrain Securities, Inc., a registered FINRA broker-dealer
primarily headquartered in New York. For more information, please go
to www.wellfleetpartners.com -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/80352c65f3 ; an updated/new brochure, quarterly newsletter and/or press releases
available upon request.
WellFleet contact info:
www.wellfleetpartners.com -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/3a2c85d9f1
David Fann
904-644-6090
Email Contact
SOURCE: Solar Energy Initiatives, Inc.
CONTACT:
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/36bff17467
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/38f23fa682/id=8796F308646F990 -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/c92d03390a/id=8796F308646F9908
This is the company and the links to there current news releases
and business now. They are a reverse merger specialist and below.
I have included a news release from there last merger which is fully
funded now.
The Opportunity Challenge Today.
Opportunity Tomorrow.
There are several reasons to consider procuring a cost effective
alternative energy source. Some of those reasons may be global in
scale, like reducing our dependence on foreign oil and improving
our environment. Other reasons are local such as creating jobs in
our communities and educating our youth. By the time you read this
– the sun will have generated much, much more energy than we as a
country would use in a year. In addition to the energy provided by
this abundant resource, a multitude of opportunities present
themselves when solar energy is deployed for you, including:
Government backed economic incentives to promote public / private
partnerships in renewable energy ventures.Tax based incentives
allowing deployment of solar energy with no out of pocket cost to
customer.Creation of decentralized energy assets increasing grid
resiliency, while improving homeland security.Savings on energy costs
can be budgeted elsewhere in your organization.Stabilization of
energy costs over the life of the SPPA.
Martins Creek -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/beda5cef44/p=1 The 999 kw system in Martins Creek Middle School, Murphy NC. SNRY
Power had the opening ceremony on March 15, 2010. Actual
construction began April 1, 2010. The solar project should be
completed by Summer 2010. Once completed, the system will save the
school $1.2 million dollars over 20 years. The solar system
produces 5x more electricity than the school currently uses.
Photos & News -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/2eaa203843/p=154
Press Releases 03/04/2011
Solar Energy Initiatives, Inc. Streamlines Its Business Model -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/d3e40027a8
03/07/2011
SNRY Announces Letter of Intent for Funding of 1MW solar project -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/757473ba77
05/04/2011
Solar Energy Initiatives, Inc. Retains Wellfleet Partners, Inc. to
Maximize Shareholder Value Through Mergers and/or Acquisitions -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/515618b99e
Board Of Directors Mike Dodak Director
Mike Dodak is a founder and a member of the board of directors of
Solar Energy Initiatives, Inc. He will provide strategic and
financial guidance & expertise to SNRY. He brings to SNRY a
successful background as an entrepreneur with expertise in senior
leadership positions involving public companies, operations,
startup, growth and asset management. Mike has been involved in the
renewable energy industries starting some 25 years ago in the areas
of wind park development, turbine & related energy system products,
energy production financial structures and manufacturing. Mike
graduated from the Anderson School of Business at University of
California in Los Angeles with an M.B.A. and received his B.A
degree from UCLA in economics.
David Fann Director
David Fann is a founder and a member of the board of directors of
Solar Energy Initiatives, Inc. He brings to SNRY a successful
background as an entrepreneur with expertise in operational
startup, acquisition and disposition, public company leadership &
transaction structuring in addition to securing capital for growth
companies. David has been involved in transaction processing,
software systems and communications technologies companies. He will
assist in the raising of various types of capital to fund the
pending deals, projects & subsidiaries necessary for successful
growth of SNRY’s renewable energy portfolio companies.
Pierre Besuchet Director
Mr. Besuchet brings a wealth of experience in the finance arena as he
has held senior management positions with various banks in Geneva
Switzerland including UBS SA, Banque Nationale de Paris, -Banca della
Svizzera-Italiana-Geneva and Credit Suisse. He is also a director
of Faisal Private Bank (Switzerland) SA, (www.faisalprivatebank.com
-
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/481da5fcb6 ). In addition Mr. Besuchet is a director of other European and U.S.
companies.
Everett Airington Director
Mr. Everett Airington has over 40 years of investing experience in
the energy sector. These financings have been with both small and
large established energy companies. For the last 15 years he has
been a key executive of the Investment Banking Firm of RBC Capital
Markets. Currently, Mr. Airington is a Senior Vice President with
Milkey Ferguson Investments Inc.
Jack Zwick Director
Jack Zwick was a member of the Board of Directors of Health-Chem
Corporation, a publically traded company. Mr. Zwick is the Senior
Vice President of Finance of Sunrise Sports & Entertainment LLC,
the Florida Panthers of the National Hockey League, and is the CFO
of American Bio Care, a publically traded company. He is a member
of the American Institute of Certified Public Accountants. Mr.
Zwick founded Zwick, Maddox and Banyai, PLLC, Certified Public
Accountants and continues as Managing Partner. The firm is the
Detroit office of IAPA and has locations throughout the world.
This is Managing partner of this triangular reverse merger with the
existing business.
Now the Wellfleet always does a build up on there news links in past
history for the companies going public.
The last two news releases on there website have been on the solar
power company out of Israel.
About Wellfleet Partners -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/bfa8f298a9 Wellfleet Partners, Inc. is a boutique financial services and
consulting firm, which was founded by Mark I. Lev in early 1998. WPs
also provides small and mid-size emerging...
More about Wellfleet Partners -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/6684f34531
Wellfleet Partners, Inc. is a boutique financial services and
consulting firm principally located in New York City.
New York · Florida · California · London · Dublin · Tel Aviv ·
Beijing
Our Industry Experience -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/e3d67bb915 Wellfleet has experience, through its affiliates, as investment
bankers in various industries including: wireless communication and
data, Internet and E-Commerce, health care, electronics,
semiconductors...
Our Industry Experience -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/429946e257 »
About Wellfleet Partners Wellfleet Partners, Inc. (WPs or
Wellfleet) is a boutique financial services and consulting firm,
which was founded by Mark I. Lev in early 1998. WPs also provides
small and mid-size emerging private and/or publicly traded national
and international growth companies with operational, financial, and
strategic advisory services. In particular:
Core valuation of strategic assets;Structuring and financing
acquisitions of key competitors or exogenous events;Structuring early
stage finance, including debt and/or convertible equity;Merchant
banking and management-led recapitalizations;Human capital strategy
and management; andDue diligence The Wellfleet Partner’s emphasis
is to engage directly or through other entities in a variety of
corporate finance, venture capital, management consulting, short
term bridge loans, convertibles and activities for private and
publicly traded companies (through affiliates) and corporate
advisory and consulting related activities to a broad range of
emerging growth companies. WPs provides new business development
growth initiatives and we help our corporate clientele to form new
strategic alliances and joint ventures. We also offer them
direction and often introduce professional intermediaries that
provide them with investor and/or public relations, investor
awareness, and financial communications consulting services. We act
as a conduit and introduce them to the investment banking, and the
institutional community as a whole. Subsequently, and through
Sandgrain Securities, Inc. (“SG”), we engage in a wide variety
of corporate finance endeavors, venture capital, short-term bridge
loans, convertibles, reverse mergers and various fundraising
activities for public and private companies, nationally and abroad.
All Investment Banking related activities are rendered through SG.
In addition, through SG, Mr. Lev offers financial and brokerage
services and money management as well. WP has several strategic
partnerships in London, England; Beijing, China; Raanana, Israel;
Dublin, Ireland, Boca Raton, Florida; Southern California (Los
Angeles & San Diego) as well as Northern California (Palo Alto).
Recent headlines from WellFleet Possible Merger Companies Without
Active Symbols
WP’s Portfolio Company Achieves Milestone -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/055288fffc Posted on June 6, 2011
Arava Power launches Israel’s first solar field
By SHARON UDASIN - jpostcolumns@gmail.com
06/05/2011 19:50
$2 billion plans cover the majority of Arava kibbutzim, one-third of
Negev kibbutzim and five Beduin sites.
Arava Power Company launched Israel’s first solar field on Sunday
evening – World Environment Day – and meanwhile announced a
pipeline of over 400 megawatts worth of solar development in
Israel’s South.
“Israel is in last place among industrial countries in solar energy
development even though we should be leading the pack,” company
co-founder and CEO Yosef Abramowitz told The Jerusalem Post, during
an exclusive tour of the field a week prior to the launch. “At
less than one percent [renewables], we are betraying our own energy
security.”
RELATED:
Solar Power Project to Light Up Arava Next Week -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/0bd7300417 Posted on June 3, 2011
June 11 06:09, by Chana Ya’ar (Israelnationalnews.com)
The first commercial solar panel field in the Middle East is set to
light up the Arava next week at Kibbutz Ketura.
The Arava Power Company plans to throw the switch on the
4.95-megawatt power source at Ketura on Sunday, June 5.
Company officials have said the Ketura Sun field is expected to be
connected to the country’s national electricity grid later in the
summer. The solar panel field is comprised of 18,500 Suntech
photovoltaic solar panels that produce a total of 9 million kilowatt
hours of electricity per year.
The field, located some 50 kilometers north of Eilat, is expected to
draw several high-powered personalities for the occasion. Included on
the list will be National Infrastructures Minister Uzi Landau,
Agriculture Minister Orit Noked, Mks Dr. Einat Wilf, Shlomo Molla and
Eitan Cabel, along with hip-hop artist Shyne, and others.
“This first-of-its-kind field… will change the face of the energy
sector in the country,” said David Rosenblatt, vice chairman and
co-founder of the company, “on the condition that the government of
Israel releases the caps which are currently in place.”
Another participant in the project is Siemens Project Ventures.
“Ketura Sun is the first high power photovoltaic unit that we have
set up together with Arava Power in Israel,” noted Johannes
Schmidt, CEO Equity Investments & Project Finance of the firm’s
Financial Services division. “The project is a perfect opportunity
to position Siemens Project Ventures as a relaible and strong
partner in the Israeli solar market and to further strengthen our
environmental portfolio,” he pointed out.
In addition, Bank Hapoalim also played a large role in financing the
project. Arava Power says it is hoping to provide up to 10 percent of
the country’s electricity through alliances with populations
throughout Israel’s southern regions.
Original article here -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/70c27d6b22 .
Filed Under: News -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/65d93c3c7a
17 Group Inc.-$1.7M Convertible Preferred-Series A Round -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/9e89abf558 Posted on January 31, 2011
New York & Shanghai, China- Late January, 2011
17 Group Inc. (“17G” or the “Company), a recently created
China based corporation to take advantage of the current market
mania for social networking sites that generate customer savings
based on the purchase of coupons. “We are very pleased to have
participated in the friend and family round of 17 Group, Inc. While
we had been extremely active in China since the end of 2004, having
invested almost two dozen times, over the past two years we have not
seen anything as interesting or timely as this company. We are very
pleased to deploy capital again in an emerging growth company in the
fastest growing economy in the world. We would like to thank Jason
Lyons of Lyons Capital, newly appointed President of the USA
Division of 17 Group, Inc. for introducing us to this transaction
and the opportunity and we are looking forward to working more
closely with the company’s founders, CEO and CFO, Europeans Wade
Smith and Murray Golding.” Stated Mark I. Lev, Chairman & CEO or
Wellfleet Partners, Inc. For more information on 17 Group, Inc.,
please look at www.17buy.com -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/92778e0460 . Recent Update: The vast majority of this investment was bought out
in early April 2011 by a subsequent group of investors at twice the
valuation paid by the Wellfleet group.
17 Group Inc., is a Chinese based company that sells consumer
products and services to the PRC marketplace on a city-by-city
basis. With its experienced management team with track record of
success in China, and abroad, the company delivers significant value
to consumers through the concept of group buying. 17 Buy allows its
members to buy products at highly discounted prices through groups
of people that seek an alternative medium to traditional e-commerce
and retail outlets. The Company utilizes the internet to cut out
both the supply chain costs and also the slashes the retailers
margin. 17 Buy’s long term model is different to its competitors.
It aims to create a series of vertical platforms that focus on
specific market sectors within China with offices in Shanghai and
Nanjing, the Company expects to be in 15 cities in China by the end
of 2011.
About Wellfleet Partners, Inc.
Wellfleet Partners, Inc. (Wellfleet), a thirteen year old boutique
financial services and consulting firm, was founded by Mark I. Lev
in early 1998. The Company’s emphasis is to engage in a wide
variety of corporate finance, venture capital, management consulting
and corporate related activities to a broad range of public and
private emerging small to medium sized growth companies. In
addition, through subsidiaries and/or affiliates, it offers financial
and brokerage services and money management as well and has
strategic partnerships and offices in London, England, Ra’anana,
and Tel Aviv, Israel, Dublin, Ireland, Miami and Fort Lauderdale,
Florida; Southern California (Los Angeles & San Diego), Northern
California (Palo Alto) and in conjunction with MRM Finance LLC,
jointly opened an office in Beijing, China in 2008. Wellfleet
renders all of its fund raising and investment banking related
activities through Sandgrain Securities, Inc., a registered FINRA
broker-dealer primarily headquartered in New York. For more
information, please go to www.wellfleetpartners.com -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/049c603c75 ; an updated/new brochure, quarterly newsletter and/or press releases
available upon request.
Filed Under: Press Releases -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/30b60c65ef
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/2846a36987
Recent Headline on Public Companies from Wellfleet Partners Website
Form 8-K (CMSF Corp-Plures Technologies, Inc.) -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/a9ca63af0e Posted on May 26, 2011
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/98d6037951
Filed Under: News -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/6dd6dd09aa
IA Global Announces Appointment of Mark I. Lev, Wellfleet Partners,
to its Board of Directors; Forms Mergers & Acquisitions Committee -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/6008e7392e Posted on May 20, 2011
SAN FRANCISCO–(BUSINESS WIRE)—IA Global, Inc. -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/75b5f7a1d0 (OTCQB: IAGI.QB) (the “Company”), a global services and
technology company, today announced that it has appointed investment
industry veteran Mark I. Lev, Esq., Chairman and CEO of Wellfleet
Partners, Inc. to its Board of Directors. Mr. Lev will chair the
newly formed Mergers & Acquisitions Committee.
First China Pharmaceutical Group, Inc., First China Pharmaceutical
Group, Inc. engages in the drug logistics and distribution business
through drug stores, medical clinics, and hospitals in the
People’s Republic of China. It also involves in the wholesale
distribution of medicine products, chemical agents, antibiotics,
biochemistry drugs, and biological preparations. The company
distributes approximately 5,000 drugs, including 1,000
over-the-counter drugs, 1,000 prescription drugs, 2,000 prepared
Chinese medicines, and 1,000 supplements. First China Pharmaceutical
Group distributes its products through the Internet;
sub-distributors; and hospitals, clinics, pharmacies, and other
medical institutions, as well as through its drug stores. The
company was formerly known as E-Dispatch Inc. and changed its name
to First China Pharmaceutical Group, Inc. in May 2010. First China
Pharmaceutical Group, Inc. was founded in 2002 and is headquartered
in Kunming City, the People’s Republic of China.
Plures Technologies, Inc., the Company is an acquisition vehicle for
Advanced Microsensors, Inc. (“AMS”), a Massachusetts based
technology company that has to date, acted as a foundry for other
products to date with solid intellectual property (IP) in the form
of patents and proprietary processes. MEMS
(Micro-Electro-Mechanical Systems (micro machines) technology, in the
last decade, has matured into an $8 Billion market space. MEMS
devices for example, operate the air bags in your auto, the
microphone in your cell phone or squirt the micro drops in your ink
jet printer (to name a few). The MEMS industry is predicted to grow
at least 25% per annum for the next five years. Spintronics
(“Spin”- “Electronics”) is an emerging technology that uses
a fundamental quantum property of the electron, its spin.
Spintronics can set the spin up or down, and then read it at a later
time turning the electron into a binary device. By being able to
utilize the spin of electrons, it has been predicted that
Spintronics will replace current semiconductor technology which is
currently the basis for virtually all of the electronics revolution.
Spintronics will lead to true Quantum Computers and will be able to
overcome the limitations we currently face with conventional
technologies.
First China Pharmaceutical Group, Inc -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/d2e53147be Posted on March 18, 2011
$3,000,000 Comprised of Units of Common Stock
and
Series A & B Warrants
New York & Kuming City, China- March 18th, 2011
First China Pharmaceutical Group, Inc. (“FCPG” or the
“Company), a Chinese based drug logistics and distribution business
is pleased to announce the first closing in a larger financing, the
balance of which should close later this month. “I am very pleased
to announce the closing of our 24th financing in China, and for our
20th Company. We believe FCPG is an exciting emerging, growth
Company that through acquisitions and internal growth, should be
able to penetrate the multi billion dollar market it is in. FCPG,
with our capital, will be able to generate in excess of $100M in
fiscal 2011 and continue at its rapid pace of growth for the
foreseeable future. I would like to thank my associate Alan Fein
for his assistance in structuring the transaction, Mark Lee, esq of
Greenberg Trauig for his expert legal work and one of the three lead
institutional investors, Cedarview Capital for their continuing
support”, Stated Mark I. Lev, Chairman & CEO of Wellfleet Partners,
Inc.
Plures Technologies, Inc. $1.7M in Common Stock and Convertible
Promissory Notes -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/f8ef47648e Posted on February 18, 2011
New York & Boston, Massachusetts- February 2011
17 Group Inc.-$1.7M Convertible Preferred-Series A Round -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/3912029699 Posted on January 31, 2011
New York & Shanghai, China- Late January, 2011
IA Global, Inc. Units of Common Stock and Series A Warrants -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/67f09d7a97 Posted on May 18, 2011
New York, Japan & London-May 2011
IA Global, Inc. (“IAGI” or the “Company”), is a publicly
traded U.S. based global services and outsourcing company with
subsidiaries in Japan and the U.K. The Company today announced the
first closing of a financing rendered through Sandgrain Securities as
part of a larger financing to further capitalize the Company and
offer expansion capital.
Alan Fein, Esq. Wellfleet Banker, appointed to Plures Technologies,
Inc. Board of Directors -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/166dc1c373 Posted on May 18, 2011
NEW YORK — (MARKET WIRE) — 05/16/11 – Plures Technologies, Inc.
(“Plures” or the “Company”) is very pleased to announce and
welcome the appointment, effective immediately, of Mr. Alan Fein,
esq. to the Company’s Board of Directors.
Jack Zwick, Wellfleet Advisory Board Member, appointed to First China
Board of Directors as Chairman of the Audit Committee -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/f6be055929 Posted on May 10, 2011
HONG KONG — (MARKET WIRE) — 05/10/11 — First China
Pharmaceutical Group, Inc. (OTCBB: FCPG) (“First China” or the
“Company”) is very pleased to announce and welcome the
appointment, effective immediately, of Mr. Jack Zwick, CPA to the
Company’s Board of Directors and to the position of audit
committee chairman.
Solar Energy Initiatives, Inc. retains Wellfleet Partners, Inc. to
maximize shareholder value through mergers and/or acquisitions -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/2e13470023 Posted on May 3, 2011
New York & Ponde Vendra Beach, FL- May 4, 2011
Solar Energy Initiatives, Inc., (OTC BB:SNRY) today announced that
it has retained the 13 year old advisory and consulting firm
Wellfleet Partners, Inc. (Wellfleet) to evaluate and effectuate a
strategic partnership, merger and/or acquisition. Wellfleet will
work to recapitalize the company and seek out new growth
opportunities in order to maximize shareholder value. The decision
was made due to the reduction in value of its current solar
business.
First China Pharmaceutical Group, Inc.-$4,500,000 Final Closing
Comprised of Units of Common Stock and Series A & B Warrants -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/4de5549fbf Posted on April 18, 2011
New York & Kuming City, China- March 18th-April 15th, 2011
Informative Information Below On Solar Energy
Initiatives Inc. (SNRY) -
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/e7380c3372/board_id=13042
Companies WellFleet Is Managing Now and Share Prices Friday
IA Global, Inc. IAGI OTCQB / Common Stock
-
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/160dc63a61
0.220.00 ( 0.00%) Real-Time OTC-BBO 0.22 x 0.35 (5000 x 5000)
Trade Time Jun 17, 2011
First China Pharmaceutical Group, Inc. FCPG OTCQB / Common
Stock
-
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/567882a028
0.600.00 ( 0.00%) Real-Time OTC-BBO 0.57 x 0.60 (5500 x 22870)
Trade Time Jun 17, 2011
CMSF Corp. CMSF OTCQB / Common Stock
-
http://cts.marketingcenter.intuit.com/c/?TheWave/28c959d86c/TEST/39618db754
0.01650.00 ( 0.00%) Real-Time OTC-BBO 0.0165 x 0.02 (5000 x 5000)
Trade Time Jun 17, 2011
Tel: (510) 123-4567
Toll Free: (800) 123-4567
Fax: (510) 765-4321
Email: info@company.com
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