Redwood Group International (RDWD)

[scoobey-do]

ereb, That is what I am worried about also. I wrote the following to Andrew. See if I get an answer to my questions.

Andrew - June 8, 2007

1. S3 expects to post financial results for the third quarter of fiscal year 2007 within the next two weeks. Will the “financial results” take the form of a 10-Q or will it just be an overview of S3Investments operation. Will the financial results be filed with the SEC? Does S3 plan on filing a 10-K with the SEC for the full year? Unless the financial results are filed with the SEC, the financial information will not be trusted by S3 shareholders.

2. Will there be any legal documents filed against Merriman, Curhan, Ford and Co.? The S3 newsletter said “The Company was advised by Merriman, Curhan, Ford and Co., our financial advisors at that time, that it should pursue a listing on the new OTCQX exchange.” How many S3 Investment shares were issued to MCF & Co. for their service? Will S3 Investment get the shares back that were issued to MCF & C. since they did not facilitate S3 Investment in moving to the OTCQX?

3. The S3 newsletter states that the Series B preferred shares have not been converted to common shares. This is not a good move for the S3 Investment retail shareholders (the little guys). What is to prevent S3 management from once again doing a reverse split of the common stock and once again not having the Series B preferred shares participating in the reverse split?

4. The June 2007 S3 newsletter states, “research conducted by Chief Capital, Redwood Capital’s financial advisory partner based in China, the aggregate value of equity holdings expected from Redwood Capital’s three recently signed Chinese client companies is as high as $8.14 million (US). What portion of the $8.14 million in equity holdings is cash infusion into the three clients and what portion is revenue and /or capital appreciation due to taking the three clients public?