You called me a few weeks ago regarding your investment in Sun Sports
I appreciate that you did acquire a holding in the company, and that the company changes as planned as explained first require compliance and registration.
The purpose of this email is to open a discussion with respect to your being one of the investors who have said that they would like to purchase of a portion of the Series D Convertible Preferred Stock of SUN Sorts and Entertainment Inc, a Nevada corporation (“SUNR”) presently owned by SUN Investment & Finance Inc., a Nevada corporation and wholly-owned subsidiary of SUNR (“SI&F ”).
We are looking to raise around $300,000 in this offer to clear out all the old debts and get
The new plan working. The max per person we are offering is 4.15% of the company or 250,000 pref convertible shares.
Shares
cost
cost/share
Percent of company
250,000
$ 50,000
$ 0.20
4.15 %
200,000
$ 40,000
$ 0.20
3.32 %
150,000
$ 30,000
$ 0.20
2.49 %
100,000
$ 20,000
$ 0.20
1.66 %
50,000
$ 10,000
$ 0.20
0.83 %
The preference shares come with the rights, privileges, preferences and restrictions as set forth in the attached Certificate of Designation of Rights, Privileges, Preferences and Restrictions of Series D Convertible Preferred Stock of Sun Sports and Entertainment Inc. which will grant you, among other things, the right to convert the Series D Shares into share of common stock of SUNR equal to not less than Two and Forty Nine-Tenths percent (0.83%) per 50,000 of the total issued common stock immediately following Conversion (as defined in the Certificate of Designation), notwithstanding any post-issuance of shares of capital stock, any recapitalization or reverse stock split.
Shareholders who take up this offer will be able to act to support their investment,
Those who do not will likely be less likely to sustain any value.
Regards
Bruce
Please call me on 405 820 2711 to discuss,
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