Initial Disclosure Statement Solei Systems, Inc. April 25, 2008
Solei Systems, Inc. was a name change from Eli Enterprises, Inc. in March 2008. Eli Enterprises, Inc. was incorporated in Florida on October 26, 2004, with 100,000,000 shares of authorized common stock only, par value $0.00001. In October 2007, the Company increased the number of authorized common stock to 300,000,000 shares and authorized the creation of a class of preferred stock. To date, no preferred stock of the Company has been issued.
7. The nature and extent of the issuer’s facilities. The Company’s manufacturing and marketing operations are conducted from a leased commercial building at 761 Beta Drive, Unit 1, Cleveland, Ohio 44143, which consists of approximately 10,000 square foot of office, warehouse and manufacturing space. All facilities are in good condition. The Company has its executive and administrative offices at 433 Plaza Real, Suite 275, Boca Raton, FL 33432.
8, 9 and 10. The exact title class and description of securities outstanding, number of shares and the total amount outstanding for each class of securities authorized. Solei Systems, Inc., common stock, par value $.00001, has 300,000,000 common shares authorized, and 50,000,000 preferred shares authorized in two series designations, A and B, the preferences for which are detailed in the attached Amendment to the Articles of Inc., dated October 2007.
There are 33,289,890 common shares outstanding as of March 25, 2008, and no preferred shares. The voting rights for the common shares are one share-one vote for the class of common stock. The common stock has no dividend, nor preemption rights. Solei Systems, Inc., trading symbol is SOLI and its CUSIP Number is 83420E 107.
As of March 25, 2008 the Company had 542 shareholders of record and a public float of 26,050.
There are no provisions in the Company’s Bylaws or charter that would delay, defer or prevent a change of control of the Company.
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