Information Memorandum

• Knox Capital begins each new engagement with an assessment of current operations, sales and financial performance and strategic objectives. We listen first, ask the right questions, and begin the corporate finance process with a careful understanding of Management’s goals.
• Knox Capital applies an extremely disciplined and comprehensive approach to the transaction process. Once engaged, we work with you to gain a deep level of insight by identifying your company's strengths and weaknesses; assessing your operations and management team; researching your industry; and evaluating your company's current and future financial positions. Once we perform our initial due diligence, we map out with you a unique transaction plan and meticulously execute that plan to bring the raising of capital to a close.
• Throughout the process we maintain disciplined momentum and strict confidentiality to meet deadlines and quell rumors.

Internal Valuation

ASSET BASED	MARKET BASED	EARNINGS BASED
• Realisable Value	• Price/Earning	• Discounted Cash Flow
• Adjusted NAV	• Price/Book Value	• Earnings Capitalization
• Replacement Cost	• Current Market Price	• Comparable Multiples

Road Shows to Potential Investors

• Meeting between the Senior Management and potential investors.
• Site visit by potential investors.
• Knox will line up multiple interested investors.

Term Sheet & Investor Selection

• Interested investors will formally present terms and conditions of potential investment.
• After sifting through the various term sheets, Company along with Knox will determine the best fit.

Investor Due Diligence

• Business Due Diligence
  • Business analysis performed by the investor group.
  • Verification of the legitimacy of projections.
  • Deal Specific Technical due diligence by industry consultants.
• Accounting
  • Review of books of account for confirming the net asset value and for anomalies, by a reputed accounting firm.
• Legal
  • Ensure secretarial compliance and review of litigation issues, by investors’ legal counsel.
• Tax
  • Review taxation and assess current and contingent liabilities.

Legal Documentation

• Appointing a legal counsel.
• Legal counsel and Knox to work towards protecting the Promoters interests vis-à-vis:
  • Valuation
  • Minority Shareholder Rights
  • Operational Independence
  • Indemnities