Private Company bonds. Licensing Cable reel manufacture in China.
Business Details
- Started (ready for first growth)
- £1000100000.00
- Debt/loan financing
- Equity/shares
- Working capital
- Import/Export
- Wholesale Trade
Short Description
Baddie International Limited, company number 8249854 has been incorporated in the UK, importing the latest cable reel technology from China direct to its growing customer base.
Working capital for the purchase of stock is required in this case to be raised through the sale of Convertible Bonds. The Bonds are a dept security, similar to an IOU. when you purchase a Bond you are in fact lending money to the Company to use as working capital.
In return for the loan, the Issuer warrants to pay interest on the face value of the Bond when the Bond Matures in twelve months. The Bond may be converted into ordinary shares at the current price at any time during the life of the bond. pls see Exec summary.
Executive Summary
Kevin White designer, inventor, former projects and operations manager of several ventures. DTI award for innovation technology, an Ideas man with a varied career from demolition through to computers, a passion for success and a curiosity in the new and a genuine interest in everything else.
The current position is this. Priority is secured with a UK Patent application no GB1215206.2 for modifications to a well known utilities product ( tubular framed cable reels) that are manufactured almost exclusively in China and distributed Worldwide.
A Chinese Utilities Patent application is being prepared for registration by a Chinese Attorney approved by the Chinese Government. This application can be extended to cover Macau and Taiwan if required.
The company will issue a licence to produce to the Ningbo Xuanhua Electric company and expect remuneration in return.
Meanwhile, the company has generated interest among UK suppliers and will supply the product shipping to customers such as Halfords, B&Q, Screwfix etc directly from the factory in China.
Working Capital required. Good return and opportunity to convert to shares
Please contact Kevin White
baddie.international@virginmedia.com
for further information, Business Plan, Bond details
This is a live profile!
To see more profiles, or to contact this person you should either log-in or register now.
Find Business Opportunities, Business Partners, Business Angel Investors and Mentors.
More about Company Partners.