Background and Business Overview
Mr. Kapil Sud and Captain Rogelio J. Diaz, his Director of Maritime Operations, have over 60 years of experience in each and every aspect of buying/selling crude oil, the shipping of crude oil, refined products such as aviation fuels and diesel fuels, the loading and documentation requirements for traversing the globe to deliver shiploads to destination points, maritime captaining of ships of virtually all dimensions, tonnages and carrying capacities, and selling the liquid bulk to awaiting buyers internationally at substantial profit margins.
IPO
The Offering
US $ 200,000,000 in Common Stock Minimum Purchase Amount: US $ 25,000 (25,000 Common Shares at US $ 1.00 Per Share) Estimated Brokerage Fees and Other Fees: 4.00% (2.00% brokerage and 2.00% to the house) Estimated Proceeds if Offering is Fully Subscribed: US $ 192,000,000 Nature of the Business: Oil Trading Desk for Buy/Sell Crude Oil & Refined Products / Purchase First Oceangoing Oil Tanker Ship to Transport Bulk Fuels from Refineries to Buyers Worldwide.