It is now more than four months since the first gathering and a first 'non formal' discussion of the so-called. 'initiative' was held here at District of northern Sweden. The initiative has its role in devising, in a genuine management culture a verbal and dynamic basis for future development in an intended position as an open business function to determine and undertake efforts to areas of need, and thus to promote positive social development.

The project management and policy work has since had a sophisticated methodical pace of development in a balanced and normalized structure based on the two largest value-basics of what is poured out the democratic order, the administrative process and the formalization of the most urgent areas of need that exists the area.

This management initiative is an international, national, and regional constellation which undertake to manage property in a most optimal growth segment and with a minimal risk of developing a proposed concept for the future in general and complex administrative context. With the success factors, such as economic growth orientation, the management of ecologically-designed change and eco-efficiency to create the future structure of the property, - and company management criteria.

The structuring of the questions have been moving around the company's name, legal form, policy for the optimal growth organization for the region and in analyzing the area of risk management.

Presentation of business plan over the last three months only made out of some kind of an brainstorm forum for the upcoming formal administration, board and also the formal physical formation. A spontaneous point has been in what is here at the previously mentioned the democratic process, the board and a general framework for development.

In the form of resource that is 'initiative' today are also a number of different proposals on the business plan as a whole to implement the formal decision. There is also some funding proposals for development. Here comes a major effort to be made available for risk analysis and profit level analysis based on primarily the Board's competence and ability. In special areas, including development proposals from investment banks considered as a basis for decision making. The preparation of such agreements or other agreements due to be primarily a memorandum creating the conditions to consult with sector-specific expertise in legal, government, and institutional level.

In future work, then the largest weight in the days to be in to collect all the proposals for the Board and the formation of the board. The strategic design of the business plan and we have already published the draft which now forms the basis for the future work of the Board of Commission. What must be determined at a first meeting of the Board is the spontaneous point in the current proposal which is to document in written form. The spontaneous starting point is the design of the development of 35 apartments in six buildings and six phases. The current issues are the basics of starting point and shape of the calculations and to produce a level of risk analysis and a level of profit analysis.

As regards the level of investment as we have said in the current proposal that a share option introductions should be initiated and that the invested capital as soon as possible thereafter shall fall out of the shares in the company. So, for the available capital amount borrowed to the best capital investment and provision for a long term basis.

Option Proposal is set at a level of SEK 30,000.00 - per share. Maximum is 40 options for an ownership share is introduced at maximum subscription, the company capital sum in its entirety. To initial capital is therefore the owners of the management of the mission. The company's securities is thus an initial capital of SEK 1.2 million.

In conclusion of this session, I would once again highlight the importance of the proposals to the Board. With the above information and public notice as should also a board profile individually designed in some personal qualities for the benefit of management, such as former board knowledge and experience, negotiation skills; administrative, or practical qualities, and for managing the necessary competence.

The Initiative - Project Administration and Information
Giuen Invest Management Offshore Ltd., Contractors for Rail Infrastructure, Engineering, and Construction Projects


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Contact: Roger K. Olsson
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Information about Commercial Property Development Project, Kiruna
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