XVHU·V PDQXDO 7KH *UHDW $PHULFDQ 6SHDNHU &RPSDQ\
:$51,1* 5HIHU VHUYLFLQJ WR D TXDOLILHG &RQQHFWLRQ ,QVWDOODWLRQ WHFKQLFLDQ 7R SUHYHQW ILUH RU VKRFN KD]DUG GR QRW H[SRVH WKLV PRGXOH WR PRLVWXUH 7XUQ DPSOLILHU RII VKRXOG DQ\ DEQRUPDO FRQGLWLRQV RFFXU 'R QRW GULYH VSHDNHU EH\RQG LWV UDWHG SRZHU )UHTXHQWO\ $VNHG 4XHVWLRQV 7URXEOHVKRRWLQJ
[ [ [ 0RWLRQ RQO\
&211(&7,21 :$51,1* 7XUQ \RXU DPSOLILHU RII EHIRUH PDNLQJ RU EUHDNLQJ DQ\ )LJ VLJQDO FRQQHFWLRQV 7KHVH VSHDNHUV DUH GHVLJQHG ZLWK HDV\ WR XVH SXVK VW\OH ELQGLQJ SRVWV WKDW DFFHSW EDUH ZLUH RU SLQV ILJ $GGLWLRQDOO\ E\ UHPRYLQJ WKH UXEEHU LQVHUWV WKH\ ZLOO DFFHSW EDQDQD SOXJV ILJ $VVLJQ WKH VDPH FRORU WR WKH DQG ² WHUPLQDOV RQ ERWK WKH VSHDNHU DQG WKH DPSOLILHU 0DNH FHUWDLQ WKDW DOO FRQQHFWLRQV DUH WLJKW )LJ )LJ ,167$//$7,21 :$51,1* ,QVWDOODWLRQ RWKHU WKDQ WKDW
VSHDNHU LV QRW PDJQHWLFDOO\ VKLHOGHG DQG WKHUHIRUH VKRXOG QRW EH SODFHG GLUHFWO\ EHVLGH RU DWRS D )LJ 20° &57 WHOHYLVLRQ 7RH ,Q :KHQ LQVWDOOHG RQ D VXUIDFH DQG XVHG DV IURQW FKDQQHOV ZH UHFRPPHQG DLPLQJ \RXU VSHDN HUV WRZDUGV WKH SULPDU\ OLVWHQLQJ SRVLWLRQ ,167$//,1* 21 $ :$// ,I WKH VSHDNHU LV EHLQJ PRXQWHG DSSUR[LPDWHO\ $7 ($5 /(9(/ WKH VSHDNHU VKRXOG EH RULHQWHG ZLWK WKH WZHHWHU DW WRS 7KLV ZLOO GLVSHUVH VRXQG GLUHFWO\ WRZDUGV WKH GHVLUHG OLVWHQLQJ DUHD ILJ ,I WKH VSHDNHU LV EHLQJ
/RFDWH PRXQWLQJ ORFDWLRQ XVLQJ D OHYHO DQG WKH LQVWDOODWLRQ WHPSODWH 0DUN WKH SLORW KROH ORFDWLRQV 'ULOO WKH SLORW KROHV XVLQJ D LQFK GULOO ELW ,I D SLORW KROH '2(6 127 KLW D VWXG ZLGHQ WKDW SLORW KROH XVLQJ D LQFK GULOO ELW DQG LQVWDOO D ZDOO DQFKRU DW WKDW ORFDWLRQ ILJ )LJ 8VLQJ WKH LQFK 3KLOOLSV VFUHZV PRXQW WKH ZDOO EUDFNHWV DV VKRZQ 3OHDVH QRWH RQO\ WKH 0DUWLQ/RJDQ 0RWLRQ UHTXLUHV WKH DGGLWLRQDO 0RWLRQ ZDOO EUDFNHW VSDFHU ILJ +DQJ WKH VS
)5(48(17/< $6.(' 48(67,216 +RZ GR , FOHDQ P\ VSHDNHUV" 8VH D GXVW IUHH FORWK VXFK DV D PLFUR ILEHU FORWK RU D VRIW EUXVK WR UHPRYH GXVW IURP \RXU VSHDNHUV 'R QRW VSUD\ DQ\ NLQG RI FOHDQLQJ DJHQW RQ RU LQ FORVH SUR[LPLW\ WR WKH GULYHUV &RXOG \RX VXJJHVW D OLVW RI VXLWDEOH HOHF WURQLFV DQG FDEOHV LGHDO IRU 0DUWLQ/RJDQ VSHDNHUV" :H KDYH QR IDYRULWHV DQG XVH HOHFWURQLFV DQG FDEOHV TXLWH LQWHUFKDQJHDEO\ :H ZRXOG VXJJHVW OLVWHQLQJ WR D QXPEHU RI EUDQGV³DQG DERYH DOO HOVH³WUXVW \RXU HDUV 'HDOHUV DUH
*(1(5$/ ,1)250$7,21 :$55$17< ,1)250$7,21
63(&,),&$7,216 0$57,1/2*$1 027,21 0$57,1/2*$1 027,21 )UHTXHQF\ 5HVSRQVH ² +] G% ² +] G% 'LVSHUVLRQ [ [ 6HQVLWLYLW\ G% # YROWV PHWHU G% # YROWV PHWHU ,PSHGDQFH 2KPV &RPSDWLEOH ZLWK RU 2KP UDWHG DPSOLILHUV 2KPV &RPSDWLEOH ZLWK RU 2KP UDWHG DPSOLILHUV +] +] +LJK )UHTXHQF\ 'ULYHU
',0(16,21$/ '5$:,1*6 0$57,1/2*$1 027,21
',0(16,21$/ '5$:,1*6 0$57,1/2*$1 027,21
7KH *UHDW $PHULFDQ 6SHDNHU &RPSDQ\ /DZUHQFH .
