Must be willing to accept Preferred Convertible restricted shares

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Willing To Accept Restricted Stock

Thank you for your interest in the program. Here are some details about the agreement. They help clarify the terms and conditions of the Sub-Partner Expansion Funding and Profit Sharing Platform.

The agreement

The Exchange value offered is up to 3 times the expansion plan funding required.  The exchange is series D common preferred convertible stock converted into trading common to fund the Expansion Plan.

 The incubation period is 12 to 18 months, and the stock has a holding period between 6 to 12 months.

Welcome to the Sub-Partner Expansion Funding and Profit Sharing Platform.

The primary conditions must be agreed upon:

Sub-Partnership must have an existing business with an expansion plan and working capital.

Here’s a summary of the key points:

  1. Exchange Value: The exchange value offered can be up to three times the funding required for the expansion plan. This means that the party investing receives stock with a value potentially three times their investment.
  2. Stock Conversion: The exchange involves Series D common preferred convertible stock, which can be converted into trading common stock to fund the expansion plan.
  3. Incubation Period: The incubation period lasts between 12 to 18 months. During this period, the partnership or subsidiary is expected to receive support and guidance for business development.
  4. Stock Holding Period: The stock acquired during this agreement has a holding period of 6 to 12 months, during which it cannot be sold or transferred.
  5. Partnership Requirements: Sub-partnerships must have an existing business with an expansion plan and a need for working capital to participate.
  6. Management Control: The merger can involve a transfer of management control, ranging from 51% to 100%, from the original owner to the partner or subsidiary.
  7. Profit Sharing: The subsidiary is expected to convert into a profit center with a split of 25% to IJJ Corporation’s profit, which should contribute positively to the overall financial performance of the business.
  8. Board of Directors: During the incubation period, the principal of the Sub-partnership is granted a seat on the Board of Directors, suggesting involvement in decision-making.
  9. Exit Strategy: As part of the exit strategy, the company will receive a block of Preferred convertible stock. This stock may be valuable when the partnership or subsidiary leaves the incubation program.
  10. Autonomy for Original Owner: As a Board of Directors member, the original owner retains a level of autonomy over the operation, implying a say in the decision-making process.

It’s important to thoroughly review and understand the terms and conditions of this agreement, possibly with the assistance of legal and financial professionals, before entering into such a partnership

More Details are provided during the initial interview.