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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