![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, April 08, 2010 9:34:41 AM
DANVILLE, CA, Apr 08, 2010 (MARKETWIRE via COMTEX) -- S3 Investment Company,
Inc. (PINKSHEETS: SIVC) today co mmented on the announcement by a client of its
wholly owned Redwood Capital subsidiary that the building of a residential
project valued at US $6.9 million has been initiated. The client, Boyuan
Construction Group, a fast-growing construction company in China of commercial,
residential and municipal infrastructure projects, has begun the 50,000 square
meter residential project being developed in Pinghu, an emerging city located in
China's Zhejiang province.
Redwood Capital, which assists private Chinese companies in accessing the North
American capital markets by achieving reverse merger transactions, is invested
in the long-term success of its client companies, since it is partially
compensated for its services with common stock of the client company.
As part of the compensation it received as the Chinese merchant banking advisor
for Boyuan Construction Group when it became listed on Canada's TSX Venture
Exchange, Redwood Capit al received shares of Boyuan common stock. The value of
the stock payments received from this and other transactions is reflected in the
company's consolidated financial reports posted at www.otcmarkets.com.
"I was pleased to have the opportunity to meet with Boyuan Construction Group's
Chairman while in China and look forward to the company's continued success,"
said S3 Investment Company Chairman and CEO Jim Bickel. "Additional new
contracts and the resulting revenues are expected to have a positive impact on
the value of the stock holdings of Redwood Capital. We will continue to monitor
the progress of Boyuan Construction and other Redwood Capital clients as they
prosper and grow in the bourgeoning China market."
To sign up to receive information by email directly from S3 Investment Company
when new press releases, investor newsletters, SEC filings or other information
is disclosed, please visit http://www.s3investments.com/inve stors/.
About S3 Investment Company, Inc. S3 Investment Company, Inc.
(http://www.s3investments.com) and its Redwood Group International subsidiary
are focused on facilitating the success of two subsidiaries operating in the
China market. Redwood Capital, Inc. assists private Chinese companies in
accessing the North American capital markets by utilizing a network of
investment banking relationships to achieve reverse merger transactions. For
more information, please visit http://www.redwoodcapinc.com. Redwood Medical,
Inc. assists companies seeking to import and distribute Western medical
technologies and products into the China market.
Any statements contained herein related to future events are forward-looking
statements and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Readers are cautioned not to place
undue reliance on forward-looking statements. S3 Investment Compa ny, Inc.
undertakes no obligation to update any such statements to reflect actual events.
Contacts
For S3 Investment Company
Gemini Financial Communications, Inc.
951-200-4107
Email Contact
SOURCE: S3 Investment Company
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=701A12FB589940DE
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Financial Services:Venture Capital
Financial Services:Commercial and Investment Banking
Manufacturing and Production:Machinery and Tools
&n bsp; Pharmaceuticals and Biotech:Equipment and Supplies
Medical and Healthcare:Medical Devices
Medical and Healthcare:Facilities and Providers
Medical and Healthcare:Healthcare
Medical and Healthcare:Surgery and Treatments
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM