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Venture Capital Investment


Venture Capital Investment in computer company
Neobite.com ("the Company") is an early stage web-site based B2B computer hardware wholesales/manufacturer company seeking financing in the amount of $ 1,000,000. The Company is unique in its market position in terms of competition, pricing and concepts of internet business tools using traditional off mode and on mode trading. Approximately, $300,000 will be used towards the new product development with the remaining as working capital and inventory. A return on investment is anticipated for the investor, as the company will be scheduled for NASDAQ launch within 3 years. Proceeds through this initial public offering ("IPO") are expected to be substantial for the Company and the investor. No guarantees or warranties are made or expressed as to the offering price of the stock or its potential market price should the company go forward with the IPO.
In return for investments totaling $ 1,000,000, Neobite.com offers to its investors a total of 10% of the Company. Neobite.com is incorporated in the state of Nevada (08/30/2000). Neobite has currently 25 million shares and 100 percent owned by Mr. Jong H. Kim.
Category: Computers & Hardware / Computers Placement Date: May 12, 2005 GMT
Company name: Neobite.com, Inc Company type: Manufacturer, Service, Other
Contact Person: (Premium Membership required) Email: Send Inquiry
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State: (Premium Membership required) Country: United States of America Venture Capital Investment
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