UICI Compliance, Operation & Goverance
UICI's FAQ Top 25
Information & Updates 2016
Information & Updates 2015
Responsilities Of Owners Of New Age Corporations
Duties & Responsibilities Of UICI's Board of Directors
Discussion Outline With John H. Yow Orangeburg City Administrator
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UICI's Owners Reality & Fact Check I & II
Understanding Corporate Governance & Operations
UICI's Moonlighting Policy Position
Understanding Seed Capital - 1996 Vs 2015
Understanding UICI's 1244 Stock in 2016
UICI's FAQ Top 25
Report To The Board On Phase I Gasoline Station Acquisitions
Report To The Board On Phase I Restaurant & Grocery Store Acquisitions
Report To The Board On Phase I Franchise Acquisitions
Report To The Board On Phase II Abandoned Property Acquistions
Report To The Board On Phase III Cellular Tower Acquistions
Report To The Board On The Phase IV & V Acquistion Strategy
UICI's Private Placement Memorandum - The PPM
Processing Fees & Administration Fees
South Carolina's Business Opportunity Act Sales Act
Completing UICI's Strategic Plan
Links Library & Glossary Of Terms For GPs, Affiliates, Associates, Coordinators, Board & Owners
Coming Soon Books From UICI's Officers, Owners & Staff
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UICI™ FAQ Top 25

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The Opportunity African American Women Have Been Waiting For
New Age Capitalism & New Age Corporations
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FAQ means "Frequently Asked Questions". Therefore, Unity International Company, Inc.™'s, (hereafter also called Unity) "Frequently Asked Questions" that were inspired by Mrs. Rachelle Jamerson-Holmes of Thee Matriach, will help any person with reasonable intelligence understand how Unity functions and grows. UICI™ is a New Age Corporation™ that is based on New Age Capitalism™. New Age Capitalism™ was created on May 13, 2015 by George M. Sistrunk. The underlying philosophy of New Age Capitalism™ and its mandated New Age Corporations™ are based on collective enterprise at the grass roots level to capitalize or pay the money for a corporate entity in which those that put up the money own the corporation. The Board of Directors works for the owners - the shareholders.  

 

Embodied within UICI™'s underpinning philosophy are the 7 principles upon which New Age Capitalism™, its mandated New Age Corporations™ and its by-product, New Age Thinking are based. There must be a potential for profit or gain. The profit or gain must be high and the risk to those involved must be low. Whatever profit or gain a New Age Corporation™ pursues must be ethically sound and morally sound.  There must also be benefits for those involved (tangible or intangible)and finally benefits for others (tangible or intangible). A New Age Corporation™ is owned collectively, not individually and every owner has a vote.

 

Gains for an owner of a New Age Corporation™ like UICI™, can have more than one definition, more than one meaning and more than one practical application. This includes but is not limited to living or renting at cost (on purchased cars or homes, with lowest possible interest rates), eating out at cost, buying groceries, gasoline, clothing, shoes, jewelry, appliances, advance consumer electronics and a host of other consumer based items. Therefore, the following FAQ is by no means complete and can be added to at any time by simply requesting that a question be answered in written form and added to it so that others can read the answer/s for themselves. {Click here to learn more about New Age Thinking}

 

For Public Information

UICI™ FAQ Top 25

 

  1. What is the Legal Name of UICI™?
  2. What Type of Entity Is UICI™: Organization, Business Etc.?
  3. The Date UICI™ was Established?
  4. Status:  Is UICI™ Non-Profit or For Profit?
  5. What is UICI™'s Purpose?
  6. What is UICI™'s Mission Statement?
  7. What is UICI™'s Goal?
  8. How do General Partners join?
  9. How do I become a Shareholder?
  10. Membership process?
  11. What is expected of the members?
  12. What should members expect from leadership?
  13. Can my membership expire?
  14. Is there an annual membership fee?
  15. Membership benefits?
  16. Explanation of the different types of shares offered?
  17. What happens to my membership & shares when I die?
  18. Are my shares willable and/or transferable?
  19. Who are the leaders and position to date?
  20. Is there a limit on the number of acquisitions I can participate in?
  21. Do I have voting rights?
  22. What forms of payment are accepted with my application?
  23. If I no longer want to be a member what do I do?
  24. Contact and Information sources: 
    1. Mailing Address,
    2. Phone number,
    3. Email, Website and
    4. Contact Names
  25. What are the different ways I can help?  Committees etc…

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FAQ Top 25

Answers To Frequently Asked Questions

 

1.  Q.  What is UICI™'s Legal Name?   The legal name of UICI™ is Unity International Company, Incorporated/Inc.™

 

2.  Q. What type of entity is Unity International Company, Inc.™? Unity International Company, Inc.™, is a New Age Corporation™ that based on New Age Capitalism™.

 

3.  Q. On what date was Unity established? UICI was officially established on November 17, 2015.        

 

4.  Q. What is UICI™'s status, profit or nonprofit? UICI™ is a for profit corporation.

 

5.  Q. What is UICI™'s purpose? UICI™'s purpose is to provide a vehicle in which any person can participate in asset acquisition and corporate ownership - so that financial resources can be pooled or combined in order to acquire income producing assets at meaningful levels that will either generate profits or provide immediate benefits that will save them money as owners/Shareholders of Unity International Company, Inc.™ 

 

6.  Q. What is UICI™'s Mission Statement? UICI™'s mission is to acquire or establish cash flow (for profit) or money saving enterprises, commodities, investments or businesses that will generate profits or provide immediate benefits so that the money saved or earned can be used by UICI™'s owners/Shareholders, to improve themselves spiritually, morally, intellectually, educationally, socially and/or financially so that any excess earnings can be used to help improve all aspects of life in the community/ies in which they find themselves living.

 

7.  Q. What is UICI™'s goal? UICI™'s goal is to become the most successful and most profitable acquisition corporation that will provide profits or savings for UICI™'s owners/ Shareholders and their families.        

 

8.  Q.   How do a General Partner join?  Before you can join UICI™ as a General Partner or GP;

 

First:  You must receive a Private Placement Memorandum (PPM) that lists the acquisition/s Unity will be acquiring for its existing owners/Shareholders. The size and dollar amount of the acquisition portfolio determines the number of General Partners (GPs) that will be needed to acquire it or them.

 

Second:  You will be given a week to thoroughly investigate the information you will receive in the PPM, in order to decide whether or not to participate as a GP.

 

Third:  After a week, a Field Coordinator, Director, current owner/Shareholder or a GP will return to pick up the PPM and answer any additional questions a person might have.

 

If you have no additional questions and you desire to participate as a GP so that you can be transitioned to owner/Share- holder, the fees for participation are as follows:

 

            a.  The Participation Fee ................$500.00

            b.  The Administration Fee .............$200.00 (not refundable)

            c.  The Processing Fee ..................$100.00 (not refundable)

 

You will give the person a check or money order, made payable to Unity International, Company Inc.™, for $800.00. No cash please, and you will keep the PPM for future reference. Note: Only the Participation Fee is refundable if you change your mind within 30 days.

 

Fourth: If you decide not to participate in the asset acquisition program, or to be transitioned from a GP to an owner/Shareholder, simply return the PPM to the Field Coordinator, the GP, Director or owner/Shareholder that gave it to you.

 

9.  Q.  How do I become a shareholder? As a natural person that is not a legal entity; such as, a corporation, association or partnership; there are three ways you can become an owner/Shareholder of Unity International Company, Inc.™

 

1.  You must be an accredited investor. In the United States, for an individual to be considered an accredited investor, he/she must have a net worth of at least one million US dollars, not including the value of his/her primary residence or has income of at least $200,000 each year for the last two years (or $300,000 together with his/her spouse if  married).

 

2.    If you do not have a net worth of one million dollars and have not earned $200,000 a year for the last two years or $300,000 jointly with a spouse then you are considered a non accredited investor If this the case, then you; either, alone, or with a purchaser representative, must be sophisticated – that is, you must have sufficient knowledge and experience in financial matters that must be verified by documentation that proves you or your representative is capable of evaluating the merits and risks of becoming an owner/ Shareholder in Unity International.

 

3. If none of the necessary qualifications in 1 and/or 2 applies to you then you cannot be an owner/Shareholder by traditional means. You must participate in an asset acquisition program as a GP in order to be transitioned into an owner/Shareholder. [Review #8]

 

4. If you are fortunate, you can also be one of the 2,000 people that purchase a share of UICI's IRC Section 1244 Stock.

 

10.  Q. What is the membership process?  Because UICI™ is not a club, association, mutual aid society or a partnership, there is no membership process to participate in.

 

11.  Q. What is expected of the members?  Because UICI™ is not a club, association, mutual aid society or a partnership, nothing can be expected of you or from you as a member.

 

12.  Q. What should members expect from the leadership?  Because UICI™ is not a club, association, mutual aid society or a partnership, there is no   membership, therefore, there is nothing that you can expect from the leadership.

 

13.  Q. Can my membership expire?  Because UICI™ is not a club, mutual aid society, association or a partnership, there is no membership to expire.

 

14.  Q. Is there an annual membership fee?  Because UICI™ is not a club, association, mutual aid society or a partnership, there is no membership, so there is no annual membership fee.

 

15.  Q. What are the membership benefits?  Because UICI™ is a not a club, association, mutual aid society or partnership, there is no membership, so there are no membership benefits.

 

16.  Q.  What are the different types of stock offered? This question cannot be answered in an FAQ because UICI™ does not sell stock or offer for sale. Therefore, there are no types of stock that require a comparative analysis. IRC Section 1244 Stock is a one time offer of common stock to the general public that cannot be repeated after the initial offering.

 

17.  Q. What happens to my membership & shares when I die?  Because UICI™ is a not a club, association, mutual aid society or partnership, there is no membership. Therefore, there are no shares to be associated with a membership for transfer to any estate, trustee/s or heir/s.  

 

18.  Q. Are my shares willable and/or transferable?  This question cannot be answered in an FAQ because UICI™ does not sell stock or offer stock for sale. Therefore, no willabilty or transferability exists. However, as a UICI™ owner/Shareholder, your ownership interest stays with your family permanently and generationally as long as your family and/or heirs exist and as long as UICI™ exists as a corporate entity. IRC Section 1244 Stock is a one time offer of common stock to the general public that cannot be repeated after the initial offering.

 

19.  Q. Who are the leaders of UICI™ and positions to date?  The leaders of UICI™ are the owners/Shareholders. There are no positions as positions are understood in the traditional definition of the word. The Board of Directors work for and with the other owners/Shareholders. Therefore, the most important position in UICI™ is an owner/ Shareholder. The Board and owners work together as a single unit...not separately.

 

20.  Q.  Is there a limit to the number of acquisitions I can participate in?  No. There is no limit to the number of acquisitions you can participate in.

 

21.  Q. Do I have voting rights?  Yes. In fact, all major decisions are based on a majority vote by the owners/Shareholders. Remember: The Board of Directors are also owners/Shareholders themselves.

 

22.  Q. What forms of payment are accepted with my application?  If you are not an accredited investor or a sophisticated non accredited investor, no application can be made to UICI™, so there is no payment to be accepted. You must receive a PPM and participate as a GP first. [Review #8] Qualifying persons must also receive a Private Placement Memorandum (PPM) before any payment can be accepted from them. IRC Section 1244 Stock is a one time offer of common stock to the general public that cannot be repeated after the initial offering.

 

23.  Q. If I no longer want to be a member what do I do?  Because UICI™ is not a club, association, mutual aid society or partnership, there is no membership. Therefore, the question is not relevant to UICI™. However, if you are an owner/ Shareholder, and no longer desire to be an owner/ Shareholder, simply return your share to UICI™. Remember: After 30 days, the $500.00 participation fee that is transitioned to a share is not refundable. If you desire to sell your share back to UICI™, the purchase price will be determine by the remaining owners/Shareholders. IRC Section 1244 Stock is a one time offer of common stock to the general public that cannot be repeated after the initial offering. There is no refund on a Section 1244 Stock purchase.       

 

24.  Q. Who do I contact for more information?  You cannot contact the owners/ Shareholders directly or the Board of Directors. However, you can contact a knowledgeable spokesperson. We recommend:

 

             George M. Sistrunk

             POB 217

             Orangeburg, SC 29116

             Ph:  803-268-0716

             Fx:  803-534-6727 (if busy)  803-268-0716

 

             Email: george29115@yahoo.com / gmswealth@gmail.com / 

                         gmswealth@myway.com

                         or george29115@independentmarketinggroup.ws

 

            There is also an Invitee Only website that is maintain on servers at IMG.Ws. To access, go to:  http://www.independentmarketinggroup.ws/uii2             

 

25.  Q. What are the different ways I can help? Committees etc.   The most important committee at UICI™ is the Acquisition Committee. This committee investigates all the assets that are scheduled for acquisition and requires expertise. There are other ways and means to help, if desired.  For example: If you...

 

                 A.  Are a lawyer, you can provide legal services.

                 B.  Are a contractor, you can provided cost analysis for 

                       building renovation,

                 C.  Own an office building, you can provide low cost office 

                       space,

                 D.  Are mobile home lot owner, you can provide reduced

                       prices for mobile home acquisition.

                 E.  Are a land owner, you can provide raw land at reasonable

                       prices for acquisition and future development.

                 F.  Own an automobile repair shop, you can offer discount

                       repair services to Shareholders and/or General Partners.

                 G. Own a beauty salon or barbershop, you can offer discount

                       hair care services for Shareholders and/or General Partners.

 

       This is true for anyone that owns or operates a business or have services to offer the public. If you are ambitious or need part time income, you can be a Field Coordinator. Field Coordinators talk to people to determine interest in properties or businesses Unity will be acquiring. For every General Partner that pays to participate in an Asset Acquisition Program as a direct result of your efforts, you will receive 50% of the Administration Fee.  Administration Fees are subject to change without notice.  Currently, the administration fee is $200.00.  IRC Section 1244 Stock is a one time offer of common stock to the general public that cannot be repeated after the initial offering. Section 1244 Stock can only be obtained from a UICI™ Director.

 
By: George M. Sistrunk - 803-347-6638

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