The Navy has invested a lot of money in me. I know this because they continually remind me. The latest figure they've told me is $300k, not including normal pay and compensation. That is a lot of money, but they must have some idea what the Return On Investment (ROI) is. I'm curious when they expect to see some profit. Will I have to pay dividends?
That got me pondering. I'm a pretty good guy with a healthy amount of common sense and ambition. I know what exactly what you're thinking. "My God, he is a shameless braggart!" Yes, that may be. But you are probably also thinking, "How can I get in on that action??" With the stock market the way it is these days, it is hard to pass up on a sure thing like me. I may not be flashy like Google, but I can provide you a steady rate of return over the long run. I'm a catch.
The Navy got me off the ground with some initial venture capital, and now I am ready to go public. The Navy insures me to $500,000, which is a reasonable assessment of my value. Assuming the SEC approves my application, I expect that my IPO will begin October 1, 2008. I will issue 50,000 common shares priced at $10. Of these shares, 25,001 will be held by my wife, who, in addition to her majority ownership, will be chairperson of the board of directors. The remaining 24,999 common shares will be released to general public.
I encourage you to hop aboard this gravy train. A copy of the Prospectus for this IPO will be provided to serious investors upon request.
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