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Welcome to the Thinkstream Exchange. We are pleased to offer our shareholders
the opportunity to buy or sell Thinkstream stock and hope you will
find that this is a useful tool for you to do so. Thinkstream appreciates
your dedication and patience in obtaining value out of your investment. This
is the beginning for some of you to experience some or all liquidation from
your investment.
Please carefully read the instructions below and signify your acceptance of
the terms below. If you have any questions, please call
Kim.
Operation of the Thinkstream Shareholder Bulletin Board
Thinkstream, as an accommodation to its shareholders, has created the
Thinkstream Exchange to allow its shareholders and other registered parties
to buy and to sell the common stock of Thinkstream. After
registering,
you may post the number of shares that you would like to sell or to
buy and the price that you are willing to
accept or to pay
Thinkstream publishes all
offers
to sell and to buy received on the Thinkstream Exchange. Unregistered visitors to the
Thinkstream Exchange can only see only basic information about your offer
(the date of your offer, to sell or to buy, the price, the
number of shares, and the expiration date). Registered visitors in addition
to the bid information also have access to your contact information so that
can contact you if they want to make a purchase or sale.
See Example.
In addition, Thinkstream verifies the identity of all shareholder
registrants against Thinkstream’s stock register. Other registered
shareholders can then contact you to arrange the purchase or sale of the
Thinkstream shares.
Unfortunately, under relevant rules of the Securities and Exchange
Commission (“SEC”), Thinkstream cannot process the transaction for you and
you will have to make arrangements yourself to deliver and to receive the
payment and the shares. Accordingly, we cannot accept any payments for
shares. However, we have added a number of features to help you process the
transaction as explained below. After you have reached an agreement with
the other purchaser or seller and the price has been solidified and agreed to, the seller of
the shares must deliver the old certificate to Thinkstream along with a
completed letter of instruction (“LOI”). See Instructions.
Here is a brief example of how
Thinkstream Exchange works.
As a condition of using the Thinkstream Exchange, you must provide information about your
completed transaction in the LOI. In addition, Thinkstream only
will allow shareholders to sell to third persons (persons who are not
shareholders) if the selling shareholder sells its entire holdings. This is
necessary to avoid increasing the number of Thinkstream shareholders.
Important Information that You Need to Know
-
Thinkstream has set a minimum price per share for all transactions on Thinkstream Exchange
of $1.50 per share. This price was set arbitrarily by the management of Thinkstream and
does not reflect the value of Thinkstream or Thinkstream’s stock.
- Thinkstream is not a registered national securities exchange, information
processor, broker, dealer, or investment adviser.
- Thinkstream Exchange does not provide firm quotes, but merely the names, addresses, and
telephone numbers of interested sellers and buyers, the number of shares
offered or sought, and the proposed prices.
- Thinkstream Exchange is not an efficient market and prices posted for purchase or sale may
not be reflective of the value of Thinkstream or the price that you would
receive if Thinkstream stock was traded on an exchange like the New York
Stock Exchange or NASDAQ.
- Thinkstream does not guarantee any particular transaction will occur for
any particular number of shares or at any particular price.
- Thinkstream do not guaranty the bona fides of any user of the Thinkstream Exchange or that
any user will perform as promised.
- All transactions must be executed independently of Thinkstream.
- The transfer agent for Thinkstream stock is Thinkstream and the
cancellation of old certificates and the issuance of new certificates will
be handled by Thinkstream.
- No transfer of stock is effective until Thinkstream cancels the old
certificate and issues a new certificate.
- All sellers must have held their shares for one year or more.
- Neither Thinkstream nor any of its affiliates may participate in the Thinkstream Exchange.
An affiliate is a person that directly, or indirectly through one or more
intermediaries, controls, or is controlled by, or is under common control
with, Thinkstream. An affiliate also includes a person who was an affiliate
within the last 90 days.
- Users should remember that all applicable state and federal securities
laws, including the antifraud, anti-manipulation, and (absent an available
exemption) federal and state registration provisions apply to any offer made
or transaction consummated using the system.
- Your sales and purchases of Thinkstream stock may be made in reliance upon
the Section 4(1) exemption in accordance with the requirements of
Rule 144(b)(ii).
- Thinkstream cannot provide any advice to you on whether you should sell or
buy your Thinkstream stock, including the price. Thinkstream will not be
involved in any purchase or sale negotiations arising from the Thinkstream Exchange; nor
provide information on whether to buy or sell any security; nor receive,
transfer, or hold funds incident to operating the trading system.
- Thinkstream Exchange users may sell less than there entire position of Thinkstream stock.
However, sales of partial positions shall only be made to existing
shareholders.
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