Kama Resources Inc. (0001479239)

WEB NEWS

Monday, December 13, 2010

S1 Registration

Kama Resources share holders registers stock to take company public. (Company was originally a private shell that became a non-public operating entity via a reverse merger).

Company Snapshot:

Intends to develop and become a servicer for non-traditional automobile finance loans for car dealerships in China.  

Use Of proceeds:

  • Dayong Sun, our sole officer and director, determined that the $5,000 in net proceeds would allow us to sustain operations for twelve months, including filing reports with the Securities and Exchange Commission as well as the business activities contemplated by our business plan. The proceeds from the offering will allow us to operate for twelve months. During this time, we will locate capital, meet with banks, private investors, and attempt to grow our business plan. Then, we plan on packaging this information into company brochures for marketing purposes to various auto dealerships. Should this prove to be successful, we will then assemble a sales force to visit car dealers, trade shows, and be presented at booths in malls and other places of interest.
  • To operate for the next twelve months, the business must receive a minimum of $5,000 in net proceeds from the sale of common shares. The new capital of $5,000 will be used to build our website. In addition, the money will be used to promote our business through marketing and advertising activities. If we receive the maximum funding for $15,000 in net proceeds, we will increase our marketing and advertising spending. Please see page 11, use of proceeds for additional information. The opportunity to move forward with our business is contingent upon the sales of common shares. To implement our business plan, the sales of our common shares must reach the minimum of 1,000,000 shares. Without sufficient funding, which is a minimum of $5,000 in net proceeds, we will be unable to continue our business; therefore, we may cease operations.

Underwriter: Self Underwritten

Proposed offering price: $0.01

Post IPO Share Calculation:

  •                      3,000,000: Pre IPO outstanding shares
  • 1,000,000 to 2,000,000: Newly registered shares of Common Stock.  

GeoTeam® best effort calculation of total post IPO shares assuming full conversions:  4,000,000 to 5,000,000

Financial Snapshot: No revenues



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