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Investment Opportunity -
PPSA at TechnoMax
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UPDATE | |
| | IMPORTANT. Please read this entire page so you will
totally understand this investment opportunity. This is a private offering under
The Personal Properties Security Act.
History
It was in March of 1999 when Technomax first investigated the methods available
to raise growth funds. Some of you are already aware of this; others who are
visiting this page for the first time are presented with all details on this
page.
As we watched the Internet economic scape unfold before us
we took a hard look at the pitfalls of an IPO and made, what now looks like a
most prolific decision, to wait and watch.
We all saw what happened as Dotcoms the world over failed and billions of
investment dollars were lost. For Technomax the past two years have been a
period of positive, albeit small, growth. We are still here and still moving
forward.
It is our opinion that the Internet has experienced a cleansing, restructuring
and now supports the business paradigm that has been created over the last 200
years of economic growth. A company needs to show a real profit and a sensible
business plan before investors rush in. Gone are the days when a .com address
and the promise of advertiser supported free services would guarantee millions.
The Technomax Group is now poised for growth and to support our business plan we
are now in a position to offer investors an opportunity with this PPSA
offering.
Benefits and Guarantees
The maximum investment for any single investor is $270.00 US. Fifty-percent of
all funds received under the PPSA will be deposited in a safe fund. These funds
will serve as a guarantee limiting your risk to 50% of invested funds.
Depending on how many PPSA units any one investor purchases there will be
significant discounts available on most of our current and future services. For
example, Chattalooga Live Help
at just $12.95 monthly a savings of 20% off our regular price. At any cost this
service is a bargain when compared to other similar services; for our PPSA
members is simply outstanding value. A list of discounted prices to PPSA Members
can be found here.
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WHAT IS A PPSA? | |
| | Personal Property Securities Act
A PPSA transfers a security interest to an investor and it is supported by a
registered paper document credit. A financing statement claim for lien is issued
and it is given first priority. There are a few links at the bottom of this
section for those who would like more information.
It is very similar to a mortgage on real property. PPSA's are used for liens on
equipment and other items of value.
For more information please visit these sites:
THE ACT
ITSELF
PPSA Searches
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THE SECURITY | |
| | THE TECHNOMAX GROUP AND ITS PROPERTIES
The value of The Technomax Group, its Web properties, equipment and software is
estimated at approximately 3 million dollars.
Our goal is to raise a total of 5 million USD. Approximately 2.5 million will be
used to initiate our business plan (see below), pay for legal and registration
fees and purchase a co-location server farm on the PSI Network to house our Web
hosting appliances.
The balance, or approximately 2.5 million, will be deposited in safe investments
that will produce approximately 5.5% annual return. This sum plus the interest
will be used to support the value of the PPSA, much as gold supports the value
of the dollar. This guarantees that at least 50% of the investment of each
Master PPSA Unit (16 units each), less legal fees of $10, is protected.
Documentation for the PPSA itself and individual names of all investors shall be
posted on this site. This will be in printable format and shall be sealed and
registered. All investors will acknowledge having received a copy when they
visit the site and print it out for their records.
Annual financial statements will be posted in a secure area which will be
accessible by all Master PPSA investors. PPSA investors can run for Board of
Directors so that they can represent all other PPSA holders. This will be done
by vote held online once the PPSA has been fully funded or by November 30th
2002, whichever occurs first. Five PPSA unit holders will be elected.
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THE STRUCTURE | |
| | THE STRUCTURE OF THE PPSA INVESTMENT
Each Master PPSA Unit will consist of 16 individual units. This was set up to
match the original offering. The cost is $29.50 US of which $10 is for legal and
registration fees.
A maximum of 10 Master PPSA units can be purchased by any one investor at this
time. The cost is $ 270.00 US and the legal and registration fee is $10.
The pricing structure is listed in the form below.
You may refer this offering to a friend and for every 5 that sign up, you will
receive one Master PPSA Unit free.
You may not use spam (or any form of unsolicited e-mail), posting on a Web site
or in news groups to promote this offering.
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WHAT ABOUT AN IPO? | |
| | DO WE HAVE ANY PLANS FOR A FUTURE IPO.
An IPO, or Initial Publc Offering, was the method used by many Internet start
ups just a few years ago to raise capital. As explained above we opted out of
this method due mainly to costs and complications. The PPSA method we are using
here provides us with what we need without the huge expenses involved in an IPO.
Just as importantly we feel this method offers you equal, if not better,
security.
However, this does not mean that, if conditions are favorable, and it helps us
all (that includes you) that we would not consider an IPO. It would be at least
5 years into the future and it would have to be approved by you and us.
In short - if it's going to help us all from every perspective and you agree
with it, then we'll do it.
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BUSINESS PLAN | |
| | THE TECHNOMAX GROUP'S BUSINESS PLAN
We present you with a simplified Web version of phase 1 of our business plan.
This focuses on the year 2002 and 2003.
Technomax Software and Systems Inc was incorporated in April of 1995 and entered
the Web in January of 1996. During that time we have experienced slow, but
steady growth and have survived where hundreds of others failed.
This PPSA offering has been structured to provide the necessary funding for
Technomax to ascend to the next level.
Search and Directory Services
We started with a site called Surfers Choice which was and is a best of the Web
Portal. During the last quarter of 2001 and the first half of 2002 it is our
intention to integrate the following sites onto the Web:
Surfers Choice Awards -
Active
Internet Awards
Academy - Active
Surfers Choice.ca - A "pay-per-click" directory of top sites for Canadian sites
only.
Surfers Choice.info - A "pay-per-click" directory for themed sites.
Businesssds.com - Business Search and Directory services.
Paid business sites submisions.
Search Tower.com - General search engine - Free and paid submissions.
SC Portal.com - Surfers Choice Portal - Best of the Web Portal - Free and Fee
Services
Award Reviews.com - One form, one fee gets submission to all sites listed here.
Maxxie Awards.com - Awards site for art and design sites.
The nine sites above give us one of the most comprehensive search and directory
services anywhere on the Net.
With the new growth on the Net and the emergence of fee services from most major
search engines and directories, as well as, pay-per-clock services such as
overture, we feel we have a wide market and great potential for our services.
Our prices will be excellent and we have the experience in the technology and
methods of running these types of sites.
Hosting and ASP (Application Service Provider)
Net Locations - Active.
Hosting Services.
Templates By Design -
Active but still in development, but may be fully active by Dec 10th, 2001.
Providing ASP services for Web Site Development and Hosting.
Projections
How these projections unfold is directly related to the completion of the PPSA
described herein.
This proforma, although based on what we believe to be reasonable assumptions,
is only an estimate. Actual performance may differ.
Year 2002
We feel that the completion of the PPSA will probably take
most of the 2002 fiscal year. So implementation of sites, software and hardware
will be spread out over this period.
This will mean a slower growth in terms of profit, but also a more prolific
growth in terms of performance and capabilities.
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| Estimated 2002
Expenses |
Estimated 2002 Gross
Income |
Purchase of servers, co-location, routers, load
balancers, etc to handle expected 1.5 million daily page views and searches.
Approx. $ 45,000 USD
Bandwidth and Rack for above - $ 4,000 USD. This
gives us 20 GB per domain for up to 3000 Domains. Income potential here is $
60,000 USD Monthly
Web Development, design and marketing - $ 800,000
USD
Other expenses - phones, office, employees, etc - $ 15,000 USD
Monthly.
Estimated Hard Costs - $ 845,000 USD
On Going Monthly Expenses - Approx. $19,000 USD.
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Search and Directory Services - $ 125,000
USD
Hosting and ASP Services - $ 65,000 USD
Advertising Sales - $
10,000 USD
Development Services - $ 75,000 USD
Estimated Total
Income - $ 275,000 USD
Estimated Total Expenses - $ 228,000 USD
Estimated Gross Profit - $ 47,000 USD
Estimated Loan Interest Payments To Investors - $ 42,000 USD
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| Estimated 2003
Expenses |
Estimated 2003 Gross
Income |
Site Reviewers for Search and Directory Services -
$60,000 Monthly
Bandwidth and Rack - $ 4,000 USD.
Web
Development, design and marketing - $ 600,000 USD
Other expenses -
phones, office, employees, etc - $ 45,000 USD Monthly.
Estimated Hard
Costs - $ 600,000 USD
On Going Monthly Expenses - Approx. $ 109,000 USD.
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Search and Directory Services - $ 1,800,000
USD
Hosting and ASP Services - $ 130,000 USD
Advertising Sales - $
1,080,000 USD
Development Services - $ 150,000 USD
Estimated
Total Income - $ 2,440,000 USD
Estimated Total Expenses - $ 1,308,000 USD
Estimated Gross Profit - $ 1,132,000 USD
Estimated Loan Interest Payments To Investors - $ 144,000 USD
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Notes
** Year 2003 site reviewers is based on hiring Independent Contractors. These
are not salaried employees and therefore any expenses here are directly taken
from income.
** For those that think the jump in income between 2002 and 2003 is not
realistic, we can assure you that this is very normal for a company with 8 years
experience and the funds to perform. Naturally everything above is an estimate,
but we feel it's based on real world performance.
** Accountants fees are included in estimated monthly expenses.
** Interest earned by PPSA Investors is calculated at Prime plus 5.5% to a
maximum of 12% annually.
** This proforma is based on full funding of the PPSA. Otherwise estimates will
change accordingly.
ESTIMATED INVESTOR PPSA ACCOUNT AFTER 2 YEARS
1) Secure Fund - $ 2,699,450 USD
2) Loan Fund - $ 2,686,000 USD
3) Equity Share - $ 1,000,000 USD
4) Estimated Value Per Master PPSA Unit after 2 years - $ 25.47 USD
Estimated Value Per 10 Master Unit PPSA after 2 years- $ 363.50 USD
5) Estimated Value Per Master PPSA Unit after 5 years -
$ 34.10 USD
Estimated Value Per 10 Master Unit PPSA after 5 years - $489.60 USD
** $10 legal fee per PPSA investor has been discounted in above number.
** The difference in ROI (Return on Investment) between the examples above is
due to the fact that the legal and registration fees are identical at $10.
Therefore the actual investment for one Master Unit is $17.50 and for ten Master
Units it's $260.00.
RISK
We have gone to great lengths to protect the interests of each individual
investor and to make this opportunity as safe as possible.
Nevertheless investments, even a minimum one as this is, carry with them risk.
As we have all witnessed the unforeseen can and does happen. Please be aware of
the risk in this and any other investment with which you may become involved. We
encourage you to seek independent advice should you have any concerns
whatsoever.
WHAT'S AT RISK HERE?
Your risk is limited to 50% of the amount of your investment - $17.50, $44.00,
$128.00 or $258.00 USD. Investors have no other liabilities. Remember that 50%
of the PPSA funds will be invested in a safe fund.
The PPSA is a legally enforceable registered document that prohibits any
financing of the company above the amount of the PPSA.
The PPSA will have a term of 7 years with terms as stated above and is fully
repayable at that time. Investors shall retain a 15% equity share in addition to
interest earned.
THE PPSA ONLINE
The original copy of the PPSA will be posted online with
all terms herein listed and all investors listed therein.
Payment Terms
A payment of $12 USD is required with this submission to cover legal ($10) and
processing fees ($2 - this amount is credited back to the value of your PPSA
Unit).
The balance of payment is due when the PPSA is posted online and each investors
name is listed.
These payments would be:
$ 17.50 USD for one Master PPSA Unit.
$ 44.00 USD for two Master PPSA Units.
$ 128.00 USD for five Master PPSA Units
$ 258.00 USD for ten Master PPSA Units
Please note - The $12 USD fee required with this submission is
non-refundable as it is an expense we must pay to obtain the PPSA.
Special Savings To PPSA Members
Single and double Unit PPSA holders get any one service below; five Unit PPSA
Members get any 2 services below; and ten Unit PPSA Members get any 3 services
listed below.
- Chattalooga Live Help Software -ASP
Version
A 20% discount off any service level. Please visit the
Website by clicking the link above for more information.
- Net Locations Hosting
Services
A 20% discount off any listed hosting service. Dedicated servers at our cost -
requires a phone call to select your server. Only one server per
person.
- Special No Monthly
Fee Hosting Service
For just $49 annually (including domain name registration) you get your own
domain with
55 MB server space (1,100 web pages) with services like PHP, Admin panel, Perl,
CGI and much more. Enough bandwidth to handle approximately 500 unique visits
daily. Plenty for most sites.
- Secure (encrypted
email) with Webmail and SMTP Component
Only $59.95 annually for PPSA Members. Check and send email from any browser
anywhere in the world. Send up to 500 MB of email with attachments monthly.
Check your mail from your local email client. Send fully encrypted secure email.
Includes 35 MB of server space.
- Website Design,
Development and Marketing
A 15% discount of all of above services.
- Surfers Choice
Site
15% off submission to this and any other of our site submission
services.
- Opt-in Email List
Rental Service
25% off are already low rates for double opt-in email marketing services. Most
true double opt-in email marketing services charge from 35 cents a name and up.
We charge you just 20 cents a name or $20 per CPM.
** All prices in USD
** No discounts on set up fees where applicable.
Privacy Policy
With respect to this offering The Technomax Group shall hold your personal
information in strict confidence and will not release your information to any
third party.
Your information will be used only for contact regarding the PPSA. Should you
decide to opt-in for any other Technomax service this will be strictly by your
choice.
WE WELCOME YOU
We believe that a company is about its people. We want you to feel a part of
Technomax and we assure you that you will be treated with respect at all times.
You are a welcome member of our group and we consider your input as valuable and
important. It's you that will make our growth possible.
WHO WE ARE
Wally Gross, Vice President Sales and Technology:
- Technical Education at Ryerson
- 29 years selling experience in real estate, mortgages, technical products
pertinent to chemical industry
- Excellent people skills
- 8 years Internet and Web related experience
- Wally Gross was born on January 14th, 1947. He was educated at East York
secondary school, University of Western Ontario and Ryerson. He was also a Real
Estate and Mortgage Broker, passed his CCIM courses in Commercial Real Estate
and has many other educational credits. I have been a speaker on several
occasions for real estate and mortgage finance. Developed a MURB in the early
1980's. And have formed investor syndicates and have owned and operated several
real estate related companies. He is also the owner of several marketing
trademarks and has been instrumental in the development of real estate marketing
plans.
From April 1970 to February of 1974 he worked with Ceilcote Canada, a company
that provided air quality solutions to the chemical and pulp and paper industry.
His job title was 'Technical Sales'.
In 1988 he was instrumental in forming a mortgage system for the RE/MAX offices
in the Mississauga and Toronto areas. This was done with National Trust and
until 1994 was a very successful operation. His company, Kingsmor Financial
Services, delivered approximately $75 million annually in new mortgages.
From March of 1994 to today he has received a "Harvard Education" about the
Internet and the World Wide Web.
He is adept with PHP, Perl, HTML, Javascript and other Web related programming
skills. He is also qualified to run UNIX/LINUX based servers and in addition has
a wealth of experience in search engine technology, methodology and optimization
marketing.
We are well positioned to make major gains in the new Internet opportunities
that are currently unfolding. The realization of the PPSA offered herein will
help make The Technomax Group a force in the next few years.
TO RESERVE YOUR PPSA UNIT PLEASE COMPLETE THE FORM BELOW. PLEASE UNDERSTAND
THAT YOUR PAYMENT OF $12 USD IS DUE WITH THIS SUBMISSION. WE ACCEPT MASTER CARD,
VISA OR DISCOVER.
YOU MAY ALSO PAY VIA MONEY ORDER OR CERTIFIED CHECK. TO PAY VIA THE MONEY ORDER
OR CERTIFIED CHECK PLEASE COMPLETE THE FORM BELOW AND SEND PAYMENT TO:
Payable to Technomax in the amount of $12 USD or $20 CDN
The Technomax Group
PPSA Payments
PO Box 407
Streetsville Post Office
Mississauga, ON L5M 4B9
Canada
Our phone number is 1-905-507-1088
In the event you need to contact us regarding this, please use THE CONTACT FORM at our main
site.
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Press "Submit Info" once only please. You will get a page that shows the info
submitted above; please print it and keep it in safe place.
This page and its contents are © The Technomax Group. All rights reserved.
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