SWCI The founder and President of SWCI owns approximately 297 million shares, of which approximately 273 million shares are restricted shares and have not been registered nor do any of the shares qualify for any exemption from registration with the SEC. Seon Won, the Founder and President of SW China Imports, Inc. stated that 'I do not have any intention whatsoever of selling the other 24 million shares within the next 12-months, at the earliest.' Therefore, 297 million shares out of a total of 500 million shares are effectively restricted and 'off-the-market' by virtue of being held by founder Seon Won.
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