US Domestic SEC filling form.

Annual Filings Annual Filings 10K requires GAAP 20F no GAAP audit and audit and attorney no attorney responsibility responsibilty for requirement for document content.

Three 10Q requires There are no other Attorney liable required SEC for document responsibilities forcontent a Non-US Company Annual Shareholders Report

Annual General Meeting

Private Placements Shares Held Shares Held for one year. for 42 days.

Stock Sale Report Stock Sale Report Yes No

It is far easier to raise Private Placement money for a company when required hold period is 42 days rather than one year. The non-US private placement investors are at far less risk of losing their risk capital. They are in a position to make a profit in less than one-sixth time of an investment in a US Domestic Company. However, both US Domestic and Non-US Firms are subject to US Full Disclosure requirements and investment fraud is a felony in United States no matter jurisdiction of incorporation of company.

If you are CEO or CFO of a private Non-US Company seeking Private Placement investment or if you are a US Domestic Company seeking to become a multinational corporation, I can help you go public in United States. Email me at Beowulfinvestments@Earthlink.net

13. Failure to report name changes to creditors also causes confusion.

14. Not checking credit report frequently is one of most common mistakes consumers make.

You can buy real estate with poor credit, but you will save thousands in loan costs if you maintain good credit. A bad credit report leaves home buyers with sub-prime loans which have higher point charges, prepayment penalties, and higher interest charges, which therefore cost more money.

For instance, a mortgage loan of $150,000, 30-year, fixed-rate mortgage, interest rate of about 5.72 percent costs around $870 a month poor credit scores raise interest rate over 9 percent and payments over $1,200.

As you see from these payment differences, good credit means that you can finance a more expensive house with same income, or save $330 each month.

Credit Requirements for Mortgages

Credit needed to buy real estate is not same as good credit. Besides your credit score, mortgage lenders consider your debt-to-income ratio and other credit matters, unlike other credit grantors. Your debt-to-income ratio is comparison of mortgage payment, including taxes, interest, and insurance to your total gross monthly income. Real estate lenders also consider your employment qualifications and your overall debt ratios.

Understanding difference between good credit and credit needed to obtain real estate financing helps you buy houses!

(c) Copyright 2004, Jeanette J. Fisher. All rights reserved.