Redwood Group International (RDWD)

[scoobey-do]

Faust and all S3 longs, I am still around and was just as shocked as everyone else regarding the ratio of the R/S. I think we all figured it would happen because MCF had a R/S in their own company. It looks like MCF convinced Jim Bickel that it was the way to go. I have no more idea than any other shareholder as to what will happen in the future. I just hope that something good comes out of all of our pain.

I went back to an earlier SEC filing to find the info on how the Preferred B shares were issued. FWIW

October 2004 - acquisition of Redwood Capital for 12,000,000 PFD shares which were booked as $12,000 in PFD Stock and $108,000 in Paid in Capital

"Redwood Capital, Inc., a privately-held investment advisory group, was acquired during the quarter ended December 31, 2004. S3 Investment acquired 100% of Redwood Capital, Inc. to participate in the fast growing investment banking market in China. Redwood Capital specializes in Investment Banking for privately-held Chinese companies and has offices in China and the United States.

The Company acquired 51% of the common stock of Sino UJE, LTD, a Hong Kong corporation during the quarter ended December 31, 2004. Sino has and extensive distribution network in China. It distributes medical and industrial supplies for a group of Original Equipment Manufacturers (OEM’s) in Europe and the US that are exclusively represented in China by Sino. Sino was acquired from YaSheng for 4.9% of the outstanding stock of the company as of December 31, 2004."

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001262463%252D05...

I am not trying to pump the company and never have and I have not been in contact with Andrew. I figure lumik and BG would report back on anything that Andrew had to say. Also, I have found years ago that you can't get information before it is release to the general public. I do like to keep the facts (as much as I know them) straight on this board. That is why I looked up the Redwood acquisition and PFD stock on the 10-Q even though it is already in the i-box. lol Looks like I will have to update the i-box soon.

Best of luck to us all. scoob