WITI Inventions and Opportunities are WITTY!!! Become part of US!!
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Brilliant, Smart, High Tech and Creative in all ways Imaginable.
Richard Wuelly
richardgameshow@yahoo.com
(WITI) Worldwide Interactive Technologies International , a Nevada Corporation
Your choice………….
A no-brainer here.
Pay your 2005-2009 taxes to the IRS with nothing to gain!
Or ……pay your taxes to the IRS anyway with nothing to lose
ANDPossibly make millions in the next 2 years with a Section 181 Tax advantaged arrangement that in our opinion has little or no risk compared to any conventional investments…You decide ..either benefit or get nothing !!
Section 181 of the IRS tax code allows for a 100% write-off of movie and TV productions up to $15,000,000 so this appeals to the small investor or large investor as well as the systems included in this package are $36,000 each. The way this one is structured you pay us only the tax savings which are returned to you by the IRS and the rest of the note is repaid to you in the form of advanced monthly game show royalties with interest.
Representative example:
$36,000 IPBX system with an investor in the 40% tax bracket = $14,400 in tax savings write-offs for Year One.
Investor pays to the escrow company the amount of the tax savings and then signs a note for the balance of the risk capital $21,600 , in this example, at 10% interest (3-5 years) and makes payments to WITI to that mutually approved escrow company such as a real estate title company.
Then , each month equal payments are made from the WITI account back to the investor by the same escrow company back to the investor as an advanced royalty payment for TV game show revenues against 5% of the show’s revenues which will hopefully soon be much more than the amount of the original monthly installment. . The contract between the investor and WITI insures that only the escrow company handles the funds. WITI has no control over the amount of money paid to the escrow account by the investor and in fact pays the 5% to this WITI account such that the investor receives which is ever the larger , the monthly equipment payment or 5% of the gross revenues for the city(s) or country (s)which the device is assigned.
In theory, WITI could execute the desired number of devices with a single firm having a large tax liability or a series of individuals at $36,000 each. A 40% writeoff immediately would justify a total capital equipment amount totaling 410 devices ($14,436,000 allowing for any required federal or state excise or sales or property taxes)
Insurance for fire and theft of the equipment which will be kept in a secured telecommunications locked center will need to be included in the transaction.
We believe that the upside potential for this 0 or low risk investment is substantial for 3 primary reasons:
includes total interactivity with the public which means they get to win from home , the big and biggest prizes, not just some paltry consolation prize as is the case with Deal or No Deal where studio contestants only are favored or allowed to win , excepting the "at home" random suitcase drawing from received text messages guessing the correct numbered case.
THIS PROPOSAL IS DESIGNED TO BE A BUSINESS OPPORTUNITY AND A TAX ADVANTAGED INVESTMENT AND AS SUCH IS NOT CONSIDERED AN INVESTMENT SUBJECT TO SECURITIES LAWS AS THERE IS NO REQUIREMENT OR MANDATE TO CONVERT THE EQUIPMENT PURCHASE TO STOCK SHARES IN WITI AT A LATER DATE.. THAT IS SOLELY AT THE INVESTOR’S DISCRETION.
MANAGEMENT IN WITI RESERVES THE RIGHT TO REVOKE THIS OFFER AT ANY TIME AS ONE ASTUTE INVESTOR MAY WISH TO TAKE THE ENTIRE DESIRED $15,000,000 POSITION DESIRED FOR GLOBAL EXPANSION.
IT SHOULD BE POINTED OUT THAT THE WITI $15,000,000 BUILDS THE LARGEST TELECOMMUNICATIONS BROADCASTING COMPANY IN THE WORLD ONE COULD NOT BUILD EVEN A SMALL PART OF A LOCAL TV STATION FOR THAT SUM . AFTER THAT, WITI IS EXPECTED TO BE A HUGE CASH COW WITH VERY LARGE PROFIT MARGINS AND USES THE NDG EARNINGS PLAN TO ENCOURAGE SALES REP INTEREST AND RETENTION, ITSELF A POSSIBLE PATENTABLE ADDITION TO WITI’S PRODUCT AND SERVICES MIX.
Attachments for this proposal should include:
CONTACT FOR ANY FUTURE DOCUMENTS OR INFORMATION
RICHARD A. WUELLY
FOUNDER, CREATOR, INVENTOR, CEO, EXECUTIVE PRODUCER, Patent Holder
WITI ( Worldwide Interactive Technologies, International, a NV "C". corporation)
PO Box 42982
Las Vegas , NV 89116
WRITE TO ME WITH ANY AND ALL QUESTIONS:
richardgameshow@yahoo.com and rwuelly@hotmail.com
Or call (702) 516-6906 Las Vegas.
www.telebucks.tv www.tele-bucks.com as well as a number of secured other sites like www.tele-pesos.com
Land owned by author for possible cross collateralization needs or requirements is
The United States Patent earned by author Richard Wuelly can be viewed officially at
www.uspto.gov Inventor name Wuelly Date 2001www.grandcanyonwestestates.com user name is user and password is gcwe to see title reports and previous appraisals Present value estimated at $6m to $9m