YES, WE “C.A.N.”!

1. What does C.A.N. mean? “Capital Advance & Non-Redeemable
2. What does Non-Redeemable mean? No need to pay back
3. What about C.A.N.’s fees? Fees are 5% of the actual funded capital less the deposit paid, including a comparatively low non-refundable deposit of USD$50,000 upfront to cover the legal cost on the SSOC (Six Steps of CAN)
4. How about amounts of Capital Funding? This depends on the Valuation, but USD $10M is the minimum of Capital Funding. Anything less, Pro Law quote on fees above 5%
5. How long does it take? This depends if the Client is a fast responder. If the Client is diligently fast, 4 months minimum, to 10 months maximum. Slower responders can take well beyond 10 months
6. What is C.A.N. actually? A world registered protected copyright product offered by the established International Law Consultancy – Pro Law International.
7. What estimated costs are to be expected up to the point of Capital Funding?

• Deposit – USD$50,000 - to cover the legal cost on the SSOC (Six Steps of C.A.N.)
• Valuation – USD $7,500 Deposit to begin. When the report is complete the Client must settle the bill less the Deposit. The bill will be capped at $15,000.
• Out-of-pocket costs? Only in the unlikely event you require Pro Law staff, the Valuer or others involved to travel
• Pro Law 5 Pro Law from the Funded Capital paid to the Client’s Offshore Bank Account (OSBA), LESS the $50,000 deposit already paid
• Any Extras, such as Trademark or Design Protection filings (if any needed), any legal work you want % brokerage – this is instant payment paid same day to
• Pro Law to undertake that is unrelated to C.A.N. work, or other matters related to C.A.N. that you elect to incur, will be quoted for.

HOW DOES THIS WORK?

The Client with Pro Law follow the Six Steps of C.A.N. (SSOC) detailed below. A world registered protected copyright product.

1. Following talks with Pro Law and both parties are happy with each other, the Client then receives a Retainer Agreement for signing between the Pro Law and the Client, setting out which Party is to do what. Upon signing the retainer agreement, Pro Law invoice the Client for the quoted and agreed deposit. Nothing at all happens until the Client reaches the Deposit Paid Client (DPC) Status, and only then do Pro Law begin work on these 6 steps.
2. Pro Law set up an Offshore Company (OSC) with an Offshore Bank Account (OSBA), online controllable, and we settle the OSC charges from the deposit, whilst the Client prepares the Business Plan re the intended expansion of the company or business idea. This Private OSC of will have 25% Voting Class A shares held by the Client and 75% non-voting Class B shares, un-subscribed for the time being.
3. Pro Law provide guidance and advice on the writing of the Business Plan. Fast responders can do this in a week, others take 2 weeks or up to a month. Slow responders take much longer to their detriment. The completed Business Plan must meet Pro Law’s satisfaction, and two weeks is allowed for Pro Law to perform this assessment.
4. With the Business Plan approved and the OSC and Offshore Bank Account (OSBA) now set up, there is a Corporate Valuation Report required on the Client’s new set up and Business Plan, carried out by one of the top 10 world recognized valuers. Clients DO NOT connect nor communicate with the Valuer until such time as the Business Plan has been first approved by Pro Law as required at step 3 above. Whatever the valuation comes to is the Capital Funding that Pro Law set out to raise. Example: The OSC has authorised Capital of say 10 million shares at USD$1.00 each par value. But the Valuation may come in at say USD$1.20 per share which is the Price Pro Law float to its buyers.
5. The Client now has an OSC with Authorised Capital of say USD$10M at USD$1.00 for each share but valued up at say USD$1.20 given the Business Plan 2 years long Cashflow forecast, and intended business growth etc. Pro Law then prepare a Private Stock Offering (PSO) for the sale of your 7.5 million Class B stock being 75% non-voting stock, offering pre-declared set dividends/profit share payable quarterly and float this to prospective Buyers. Pro Law will assign a Lawyer to act as General Counsel for the OSC, for a period of 2 years minimum at a retainer of only USD$10K monthly (USD$240k for 2 years), which is set aside at the OSCs bank account. This is to ensure the Lawyer stays on board for the 2 years as the Buyers much prefer this condition. Amongst many roles, one of the main roles of your General Counsel is to make sure the Quarterly Dividends/profit share payments go the buyer(s) on time. A minimum of one year of dividends is set aside as well.
6. Upon returning to the Client a signed PSO from a Buyer who is part of Pro Laws pool of Buyers, who wants to buy 75% (sold at USD$9M – at valued amount USD$1.20 each) NON-VOTING (Buyer no in control of your company), a Sale and Purchase Agreement (SAPA) is signed between the Client and the Buyer making clear the terms of the Private Stock purchase, including the fact that Buyers shall never at any time be involved in the day to day business operations of the OSC. Sometimes Pro Law receives interest from 2-3 Buyers for the unsubscribed Class B stock sale, but mostly one Buyer buys all of them (Class B), pending the size of the needed Capital Funding.

C.A.N. - WHO WE CAN HELP

• Entrepreneurs struggling to find a backer or funding from a regular source
• Existing companies where the appetite for funding by the existing Shareholders has been exhausted
• Companies heading towards or already in administration due to failed funding rounds
• A Company looking to expand quickly or has a need for Working Capital to cope with the growth