Projected sale of 1,000,000 Units to Investors.
This document is a page from a legal memorandum (likely a Private Placement Memorandum) detailing the corporate structure, liability, and capitalization of an entity named KUE (Knowledge Universe). It outlines Cayman Islands and Delaware legal frameworks regarding director liability and 'piercing the corporate veil.' It breaks down ownership stakes projected for March 31, 2007, specifically giving 'The Principals' (via KUE LLC) 60% ownership and Investors 40% ownership.
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