Silvan Industries, Inc.(fka SLVA)

[dade]

A total of 2,090,044 shares of our common stock outstanding are considered to be outstanding pursuant to SEC Rule 13d-3(d)(1) as of September 27, 2010. For each beneficial owner above, any options exercisable within 60 days have been included in the denominator.


As of September 27, 2010, there were 48 holders of record of our common stock.


As a result of the closing of the Purchase Agreement and the Repurchase Agreement, the Investor under the Purchase Agreement now holds 63.79% of the Company’s outstanding capital stock resulting in a change in control of the Company.


Shares are held in the name of Helvetic Capital Ventures AG. Helvetic is based in Switzerland and operates primarily in Europe but invests heavily in foreign and U.S. based companies. Ilona Klausgaard is the president of Helvetic. Although she is not a majority owner of the company she makes all of their investments decisions and has the authority to vote on a majority of our shares. Under Swiss law, the shares of Helvetic are traded in bearer form. Helvetic issues dividends to its shareholders once per year but their bearer shares could trade many times without the company’s knowledge during the year. Until shares are presented for dividends, Helvetic has no way of knowing who owns their stock. As of the last dividend calculation, Dr. Urs Felder was the sole shareholder of Helvetic as set forth in our Annual Report on Form 10-K for the year ending June 30, 2010.


? http://www.moneyhouse.ch/en/u/helvetic_capital_ventures_ag_CH-320.3.059.052-2.htm ?