Welcome
to DAMPS.com
Update from the General Partner Novemeber 15, 2007
As
noted in the DAMPS I LP PPM, individual investments have been
suspended. However after unveiling
our DAMPS Technology Smart Boot prototypes, and letting people
walk in the boots and experience the DAMPS One Step Difference.
I have had so many people ask if there are still investment
opportunities, management has decided to augment the current
PPM Offering and allow up to 10 new qualified investors.
With authority
from the General Partner, the DAMPS I LP is now adding qualified
investment partnership opportunities to augment the DAMPS I LP
Online Private Offering. A Form
D filing is in process with the SEC. There are several
ways to invest as outlined herein. The purpose is to allow smaller
investors an opportunity to participate until there is full subscription
to the $ 5.2 million DAMPS I LP Online Private Offering.
Please
note that any equity percentage (%) offered, does not reflect
any valuation update from our earlier partnership valuation, now
suspended. Management believes that as specific business plan
milestones are met, a valuation upgrade will likely follow.
As with
all forward looking statements, they are made with the best available
information at the time and are subject to changes due to unforeseen
circumstances and risk.
Please
take the necessary time to evaluate any high risk investment opportunity
for risk and investor suitability and/or have a professional legal
advisor work with you. Any questions may be directed to the General
Partner, ceo@damps.com (619)
889-6397.
Ways to
Invest:
1)
$ 3,125 buys a .0125% DAMPS Equity Block.
*(Available only to current DAMPS I investors)
4)
$ 12,500 buys a .075% DAMPS Equity Block.
(Two Equity Blocks available)
*(A bonus .025% Equity Block is added at this level)
5)
$ 15,760 buys a .125% DAMPS Equity Block.
(Three Equity Blocks available)
*(A bonus .0375% Equity Block is added at this level)
1)
$ 25,000 buys a .250% Silver DAMPS Equity Platform.
(One Equity Platform available)
*(Purchaser receives a no cost, one year first right of
refusal for additional matching equity at current value
price.)
2)
$ 50,000 buys a .515% Gold DAMPS Equity Platform.
(One Equity Platform available)
*(Purchaser receives a no cost, one year first right of
refusal to purchase additional equity equal to two times
matching, at current value price.)
3) $ 100,000
buys a .830% Platinum DAMPS Equity Platform.
(One Equity Platform available)
*(Purchaser receives a no cost, one year first right of
refusal to purchase additional equity equal to four times
matching, at current value price.)
*(Purchaser receives a first right of refusal for participation
in any future funding.)
A DAMPS
equity purchaser will receive a simple, one page Equity Registration
Sheet signed by the General Partner as the investment and tax
record and will be recorded on the DAMPS I LP master investor
list held by accountancy. Partnership K-1 forms will be sent for
passive investments tax accountancy. Certified or Bank draft checks
are to be made to B&B Technologies LP. The managing partnership
for the DAMPS I LP.DAMPS
I Equity Agreement
As anyone
has any questions re any proposed investment offering please contact
the GP ceo@damps.com or call
(619) 889-6397 or seek a professional advisor.
