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News for 'SEIH' - (S3 Investment Company Announces Release of May 2005 Investor Newsletter)
TEMECULA, Calif., May 05, 2005 (BUSINESS WIRE) -- S3 Investments (OTCBB:SEIH) today announced that the company has released its May 2005 investor newsletter, which provides shareholders with an overview of the company's April activities, specifically the recent milestones reached by the company's subsidiary investments, SINO UJE and Redwood Capital.
A text version of the newsletter is being emailed to shareholders through the company's website-based mailing list, and the PDF version has been added to the website, www.s3investments.com/newsletter.asp. Anyone interested in receiving future newsletters directly by email should subscribe at www.s3investments.com/mailinglist.asp.
The May newsletter highlights SINO UJE's recent sale of Process Sensors Corporation moisture gauges to Chongqing Tobacco, largest single dollar amount product sale in the history of SINO UJE. Also included in the newsletter is the announcement of the April opening of a registered office for Redwood Capital in Beijing, China. This opening will allow Redwood Capital to grow its business and expand its network of contacts in the capital city, resulting in a larger client base and additional business opportunities. Redwood Capital President Chris Wang is featured in a profile and interview discussing the future of Redwood Capital.
Chris Bickel, chief executive officer of S3 Investment Company, commented, "The May 2005 newsletter reiterates how SINO UJE and Redwood Capital are expanding their reach and increasing value for our shareholders. Both subsidiaries have shown great progress in the past month, as demonstrated by SINO UJE's large product sale and the additional sales that are expected to follow. We anticipate that these milestones and the new Redwood Capital registered office in Beijing to continue the momentum for S3 Investment Company into this month and throughout 2005."
About The Company
S3 Investment Company Inc. (http://www.s3investments.com) is a Business Development Company regulated by the Investment Company Act of 1940. Its first operating subsidiary, Securesoft Systems Inc. (http://www.securesoftsystems.com), was acquired in April 2003. S3 Investments has subsequently acquired 100% of Redwood Capital to participate in the fast-growing investment banking market in China and 51% of SINO UJE, a non-stocking distributor of medical and industrial high-tech products to markets throughout China. S3 is currently seeking to acquire additional synergistic companies and is focused on assembling a portfolio of investments that will provide value to its shareholders.
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.
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News for 'SEIH' - (S3 Investment Company Announces CEO Trip to China; Market Conference Call Planned for May 18)
TEMECULA, Calif., May 10, 2005 (BUSINESS WIRE) -- S3 Investment Company (OTCBB:SEIH) today announced that Chairman and Chief Executive Officer Chris Bickel has begun a three-week trip to China in support of the company's SINO UJE and Redwood Capital portfolio investments.
Bickel commented: "The focus of this trip is to assist our two China-related investments in expanding revenues and increasing portfolio value for S3 Investments. This has been our overarching goal for the company since current management came in eight months ago. While we have created real value in our portfolio where none had previously existed, growing that value is still our primary focus."
During his trip to China, Bickel will participate in a market conference call with investors to discuss the company's 10-Q Quarterly Report with financial results, expected to be filed with the Securities and Exchange Commission on Monday, May 16, 2005. The conference call has been scheduled for Wednesday, May 18, at 12 p.m. (noon) EDT. Those interested in participating should dial 913-981-4902 or 800-811-7286 five to 10 minutes prior to the scheduled start time and reference S3 Investment Company.
Bickel also stated: "During our time in China, we will meet with Redwood's first client, Dalian Fushi, in anticipation of executing a definitive agreement for Redwood's investment banking and other associated services, as well as finalizing Dalian Fushi's audit, which is required for the reverse merger process in the United States. We also intend to spend a full day in the Dalian Fushi factory, in order to gain intimate knowledge of their production capabilities and meeting with key personnel.
"Beyond Dalian Fushi, we have scheduled factory inspections and negotiations with six potential new clients for Redwood Capital. The facility and factory inspections are the final elements of our internal due diligence and investigation process for perspective clients. These are companies that have made it significantly through our pipeline and we are confident that two to four will make it all of the way and be 'gold standard' clients for Redwood Capital.
"In addition to our Redwood Capital business, we have scheduled a number of meetings on behalf of SINO UJE suppliers, including GreCon, Process Sensors Corporation, Aeris, PlastControl, and Ulrich. For GreCon, we are looking to close three separate business opportunities that would translate into sales for SINO. There are several Process Sensor projects that are in various stages of the sales process and we will meet with a number of these potential customers. Our Aeris supplier will be in China, and we anticipate moving this fairly new product offering forward. We have scheduled meetings with potential customers for PlastControl products and will visit several hospitals that are using Ulrich products. There are 4-5 potential new customers for the Ulrich product line, and we believe that we will close a number of new orders during this visit.
"We are pleased with the revenue growth we have seen from our Chinese operations in the relatively short period since S3 Investments acquired them, and we expect to see continued increases in both revenues and bottom-line profits. By meeting face-to-face with current customers and clients, as well as pursuing opportunities with additional potential customers, both SINO UJE and Redwood are expected to foster long-term revenue expansion and greater value for S3 Investment Company."
About the Company
S3 Investment Company Inc. (http://www.s3investments.com) is a Business Development Company regulated by the Investment Company Act of 1940. Its first operating subsidiary, Securesoft Systems Inc. (http://www.securesoftsystems.com), was acquired in April 2003. S3 Investments has subsequently acquired 100 percent of Redwood Capital to participate in the fast-growing investment banking market in China and 51 percent of SINO UJE, a non-stocking distributor of medical and industrial high-tech products to markets throughout China. S3 is currently seeking to acquire additional synergistic companies and is focused on assembling a portfolio of investments that will provide value to its shareholders.
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company Inc. undertakes no obligation to update any such statements to reflect actual events.
SOURCE: S3 Investment Co.
CONTACT: Gemini Financial Communications for S3 Investment Co.A. Beyer, 951-587-8072investors@s3investments.com
-------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
x Rule 13d-1(b) ¨ Rule 13d-1(c) ¨ Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(iii) sole power to dispose or to direct the disposition of
45,176,739
(iv) shared power to dispose or to direct the disposition of
Not applicable
ITEM 5. Ownership of Five Percent or Less of a Class
Not applicable
ITEM 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable
ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
Not applicable.
ITEM 8. Identification and Classification of Members of the Group
Not applicable.
ITEM 9. Notice of Dissolution of Group
Not applicable.
ITEM 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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So the KNIGHT owns now 11% what would I do with my investment. Well business peple get in to make money, so I'm sure he will do the best to rise the company and his investment.
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