Sep 20th, 08:59 INC Innovative Inc.
by Marc Attenborough
Final Day of Phase #1 of the INC Privatization Plan
As announced earlier this month, INC is going private. Today will be the final day for you to liquidate your shares via Capex. Begining sometime tomorrow you will need to contact us directly to recieve your cash payment. There are approximately $140,000 shares outstanding at this time.--------------------------------------------------------------------------------
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The management of Innovative Inc has decided that Innovative Inc will be going private effective 9-20-08. Below is the outline of our plan.
Part 1: From now until 9-20-08, INC will repurchase shares through Capex at a price of L$1.05. This represents a substantial premium over the breakup value of L$0.36. Simply enter your order and we will make the purchase.
Part 2: Any shares that remain outstanding as of 9-20-08 will be cashed out inworld for $L1.00 each. Individuals will need to contact Marc Attenborough inworld to recieve your payment.
Shareholders are welcome to voice their opinions in the forum. No shareholder will be excluded from this event. Everyone who comes forward will recieve the appropriate payment.
At this time, there are approximately 175,000 shares outstanding. Given all the turmoil that has occured over the past 14 months, we are thrilled that we are able to return an amount above our IPO price.