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siva@platecompany.org

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siva@platecompany.org

Unread postby Varinrsk » Mon Nov 30, 2020 2:36 pm

From: Siva Pillarisetty <siva@platecompany.org>
Date: 30 Nov 2020, 10:22
Subject: Our process
Mailed-by: platecompany.org

Before we start:

I want to let you know we would do a loan, not a investment. The below are costs required to be paid outside of funding proceeds. If the borrower can't pay, no need for us to discuss any further. If the borrower can follow our procedures, the borrower will get funded.

Loans are for 100% needed, but will not cover soft costs to get project ready with highly detailed set of documents, collateral or financial insurance( we can facilitate insurance to cover collateral gap see page 11 of co. profile), our retainers, cost of response preparation, etc. You can see by this, far less is required by the borrower, than other types of loans or financing where you may have to put up 5-35%.

About Us:

- We have parent company, and 40 subsidiary companies.

- Our financial partner is a institution that owns 30 banks that mandated us as their official representative. We handle everything from start to finish for them such as intake, pre underwriting, onsite visit & due diligence, underwriting, closing, funding. The mandate is a contract/license they issued us to do this work.

- We are not a broker, and are the funding. Capital is in place.

Keep in mind:

Keys to getting your project funded in the amounts of 20M-100B USD

1) You are fully ready with a highly detailed set of documents. Meaning of fully ready:

- Done with concept, design, feasibility, constructor in place, all construction/project plans, insurance, entitlements, off take agreements, collateral, etc.

2) Types of collateral needed.

- Property, Risk Insurance, Sovereign Guarantees, Bank Guarantees, SBLC, cash or savings accounts, paper investments, natural reserves, blanket liens, PPA's etc. ( This matter is fully negotiable)

On M&A, Refinance & Recapitalization Deals

1) Strong buyers and sellers last 3 yrs audited financials, YTD P & L
2) Any DD packages on the buy or sell side.
3) Need to know who is selling the business, ie Investment banker, FSBO, commercial realtor, business broker, etc.
4) We have to see a strong take over plan. strong forecast, and strong operations plan.
5) They should be doing a 100% takeover
6) You can bundle acquisitions, get working capital, pay off liens, etc.
7) You have to be shovel ready on any renovations or new construction with a highly detailed set of documents. ( see above)
8) Retainers and fees still apply as described in project funding guidelines.
9) Contract should be in place to acquire, merge, buyout in full with seller/target company merging into.
10) Company refinance & recapitalization many of the above apply.


A) There is a Due Diligence Fee (Retainer Fee) paid on signing of our official LOI. The Due Diligence Fee (Retainer Fee) is split into two equal payments of the specified amount depending on the project size (see below). The first half is paid upon signing of our official LOI, and the second half is due when the borrower is notified that the Due Diligence Report is ready to be shared with the borrower. The Due Diligence Fee (Retainer Fee) structure is as follows:

- For projects from $20M to $49M USD, the Retainer Fee is $25,000 USD.
($12,500 USD paid on signing of the LOI, and $12,500 paid when the borrower is notified that the Due Diligence Report is ready to be shared with the borrower)

After the onsite visit and DD are completed, we would issue a report on the gaps in your documentation. At that time you can go to your qualified 3rd party preparer to prepare the responses, or we could prepare the response at 30-70% discount of any qualified 3rd party preparer invoice. Half would be paid at signing of agreement to prepare the responses, second half when response are completed.

- For projects from $50M USD to $99M USD, the Retainer Fee is $50,000 USD
($25,000 USD paid on signing of the LOI, and $25,000 paid when the borrower is notified that the Due Diligence Report is ready to be shared with the borrower)

After the onsite visit and DD are completed, we would issue a report on the gaps in your documentation. At that time you can go to your qualified 3rd party preparer to prepare the responses, or we could prepare the response at 30-70% discount of any qualified 3rd party preparer invoice. Half would be paid at signing of agreement to prepare the responses, second half when response are completed.

- For projects from $100M USD to $50B USD, the Retainer Fee is $100,000 USD
($50,000 USD paid on signing of the LOI, and $50,000 paid when the borrower is notified that the Due Diligence Report is ready to be shared with the borrower)

After the onsite visit and DD are completed, we would issue a report on the gaps in your documentation. At that time you can go to your qualified 3rd party preparer to prepare the responses, or we could prepare the response at 30-70% discount of any qualified 3rd party preparer invoice. Half would be paid at signing of agreement to prepare the responses, second half when response are completed.

B) The Due Diligence Fees (Retainer Fees) as well as the site visit expenses will be refunded after we receive the Advisor’s Fee/Consultant Fee, in case of successful closing of the transaction(s), Loan Agreement and investment.

C) The site visit process as a part of our Due Diligence will be for a minimum of 2 days, or maximum 3 days.

Two easy ways for you to complete your Due Diligence on our company are:

1. Our company is registered in the Banking Directory on the OJ Chamber of Commerce (http: // www. ojchamber.com), located at 40 Wall St, 60th Floor, Trump Building, New York, NY 10005

https: // www. ojchamber.com/memberprofile/banking/platecomapny

2. The following website has listed our two companies (Plate Ltd – http: // www. platecompany.org – ,GCGC INC – http: // www. goldencrowncanada.com -) Powered by UN Women (http: // www. unwomen.org):

https: // www. weps.org/companies

I look forward to your response, answer any questions, or get on call to discuss further.

Thanks,
--
SIVA PILLARISETTY
OFFICIAL REPRESENTATIVE & MEMBER AT PLATE COMPANY - PLATE LIMITED
OFFICIAL REPRESENTATIVE & MEMBER AT GOLDEN CROWN GROUP CANADA, INC.
MARKETING MANAGER IN USA AT PLATE COMPANY - PLATE LIMITED
WEB SITE: http: // WWW. PLATECOMPANY.ORG
WEB SITE: http: // WWW. GOLDENCROWNCANADA.COM
DIRECT: 1-224-216-0334
SKYPE : SIVA.PILLARISETTY
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Varinrsk
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Re: siva@platecompany.org

Unread postby firefly » Mon Nov 30, 2020 6:19 pm

Some of the entities mentioned in the message are companies legally registered in Canada.

Until we have a clear proof that platecompany.org is really doing AFF, this topic will stay here.

Varinrsk, feel free to update if you have additional details showing any fraud done by the sender of this message.
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