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Sunday, April 27, 2008 11:44:47 AM
http://www.sec.gov/Archives/edgar/data/766659/000114420408011578/v104808_ex99-1.htm
S3's announcement that its Redwood Capital subsidiary has received the equity portion of its payment for providing advisory services for the acquisition transaction involving Dalian Chuming, a pork processing company based in China. Redwood Capital has been issued 428,095 shares of Energroup Holdings Corporation, a publicly traded Nevada corporation that acquired all of the issued and outstanding capital stock of Precious Sheen Investments Limited, a British Virgin Islands corporation ("PSI") and parent company of Dalian Chuming. Energroup Holdings Corporation is traded under the symbol ENHD.
At the price of a $17.0 million private placement, the value of Redwood Capital's equity position would exceed $1.8 million (US). At the most recent trading price of Energroup Holdings Corporation's common stock, the value of the equity position would exceed $2.1 million (US).
2008-The Rainmakers Moneymakers. stock symbol RAIN
http://investorshub.advfn.com/boards/board.asp?board_id=11575
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