Key Jevons Investment Criteria

• Target companies must occupy, or be able to be re-engineered to occupy, niche positions within their respective business sectors reflecting specific advantages that will lead to sector-leading earnings.

• Target companies can be financially stable, or in need of a “turnaround”, but they must have at least 2 years of business activity. Jevons does not acquire, or invest in, start-ups.
  

• Jevons Capital Group does not acquire or invest in public companies.
  

• Jevons may require key members of the target company’s management team to remain involved in the business for a defined period of time to ensure the continuity of an appropriate level of management expertise.
  

• Target companies, as well as their executive officers and directors, must actively subscribe to high ethical practices and the business must maintain a high ethical reputation in the marketplace.
  

• In situations where Jevons Capital Group invests in a target company, executive officers and directors of the target company must be positively motivated to work on a teamwork basis with Jevons to design and implement platforms for earnings improvement. Jevons is only interested in providing investment capital to target companies where significant synergistic value can be generated by combining the respective operating intelligence of Jevons' staff and the target company’s executives and directors.

• Target companies must be fully forthright, at the outset, as to possible risks of business performance deterioration so that Jevons can properly value the target company’s business.

Jevons Capital Group does not deal with or through commissioned agents or intermediaries except where their compensation is calculated on an hourly basis or negotiated and pre-approved by Jevons. Jevons expects target companies (or selling shareholders, as the case may be) to seek advice as to the fairness of any transaction from professional financial advisors, whose compensation is expected to be charged on an hourly basis.