ADVANTAGES OF USING GREAT WHITE

Acting As Principals in the Transaction

1. Cost of Collecting an Account.

Great White is normally more cost effective that other types of representation since it moves quickly and at a lower cost. The company, unlike an attorney is not relying on expensive litigation to handle many problems. In many cases the company simply contacts the promoter concerning the issues and attempts to work out a settlement. If the promoter is represented by counsel, Great White unlike an attorney, is not prohibited from contacting the promoter directly or any of his associates.

It is the objective of Great White to investigate the problem immediately, make numerous contacts regarding the problem encountered and react to protect the investor position (through its assigned position). On many occasions investors do not know what to do and are confronted with substantial attorneys fees after months of attempting to collect their funds. By acting as a principal on the obligation, Great White is far more effective.

2. The Power of the Investigation Process

In most situations encountered by our company, the promoter has engaged in some wrong doing. It could be securities fraud, tax evasion, bank fraud, breach of fiduciary duties, or other behavior that is a violation of some criminal code or at least would give the investor/client a good reason to believe that matters were not on the up and up.

Under such circumstances, the investor/client is the last to know about the problem, having been lulled into a false sense of security concerning his or her investment. Warnings such as lack of communication, liens, public investigations, etc may indicate a problem but normally the investor is frustrated and does not know what to do. Additionally, it is ironic that the investors money is now being used by the promoter against the investor who often does not have the financial resources to fight any lengthy battle.

Great White has broad latitude concerning the actions that it takes as long as they are proper under the law. We concentrate on a strong investigation process that is perhaps better than any regulatory agency. This research and some protective actions allow the company to negotiate better with a promoter that has stolen funds and perhaps broken the law. He now knows that Great White is very aggressive and will not stop in its pursuit of funds and additionally the promotor knows his or her actions may expose him or her to potential criminal problems. The key is being more aggressive than other similarly situated investors. “The squeaky wheel gets the grease.”

3. THE NEED FOR SPEED

Put yourself in the position of the promoter. He is being investigated, sued, and publicly ridiculed. What would you do? Probably, assemble your money, liquidate your assets, and disappear. Why stick around for an indictment or lengthy litigation that may ensue? This is the reason that Great White must move quickly and under the assignment concept it can. Often other advisers much check with numerous clients before they can react and the cost/ benefit issues always come into play. Investors often ask if its worth the cost and what will the result be? Great White is not burdened with these delays and cost.

It is important to attach assets ASAP in order to protect the interest of the investor. Since Great White is in essence a partner with the investors and benefits accordingly, it is motivated to act quickly. LAWSUITS CONSUME TIME AND MONEY. OFTEN THE PROMOTER IS IN HIDING AND DIFFICULT TO FIND, ALONG WITH THE MONEY.