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Summary Overview: Staff and Private Investor Share Offerings and Opportunities.

Published and Last Updated: 1st January 2010



Introduction

Welcome to the Riverside Networks Organization's Equity Finance share offerings (not public share issue). For staff under the United Kingdom Governments Employee Share Scheme, friends, family, associates and private investors for Ordinary, Preference, Cumulative and Redeemable share options.


Share Issue News Update - 2010-01-01


In the past few weeks, we have been taking advisement, on the best way forward for the offering and sale of shares. The revenues raised will go directly into the businesses expansion for employment and hard asset forms.

We are currently taking legal advice, as to how we can successfully issue the small number of shares in question. We have carefully read the legislation on the issue of Private Limited Company Shares and have deduced that there does not appear to be any clear cut defining lines and can be open to misinterpretation.

We have been in contact with Companies House as to the legal position, where we were given assurances that we can issue ordinary shares. We have also been in contact with Business Link and were sent further information regarding the legal aspects to share issue.

We have further spoken to the Law Society regarding this matter and been given a number of specialists regarding this field that we are now consulting with.

We do know and are confident that we can make available investment opportunities in the way of a share issue. For both in the form of an Employers Share Scheme and Subscribers Club.

We have been asked by our legal advisers for a set of each Companies Memorandums and Articles of Association. To determine the necessary changes required and the way in which we can successfully issue shares for investment legally and without any misinterpretation that could be manipulated or used to the detriment of the Organization.

In the meantime, if you would like to consider investment and express an interest. Please write to the the following address, where we will forward to you shortly an Employers Share Scheme and Subscribers Club Investors Pack.

Thank you for your interest and support.

If you are a broker, we are looking to appoint an agent shortly for these investment opportunities for members, subscribers and investors. Also for the planned flotation of the Riverside Networks Organization. Please write again, in the first instance expressing your interest along with your details on company headed paper.



Riverside Networks Licensing Limited

Dept Employers and Subscribers Club
Registered Office:
9b Palmerston Road,
Westcliff On Sea,
Essex SS0 7TA,
England
United Kingdom
 



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