Company Overview
Ancient Mariner Retail Stores (USA) Inc. was incorporated in Nevada, USA on August 1, 2018. The company's authorized share capital is 80,000,000 common shares par value 0.0001 and 20,000,000 preferred shares par value 0.001
The company has acquired 100% of the common shares of Ancient Mariner Awning & Signs Ltd. a company incorporated in the Province of British Columbia, Canada from Mr. Ken Meiklejohn in a share swap by issuing 20,000,000 common shares and 5,000,000 preferred shares with special voting rights to Mr. Meiklejohn.
Ancient Mariner Awning & Signs Ltd. is the most well - known awning and sign company in this market, has no liabilities to speak of and very profitable. Its web site is www.ancientmarinerawnings.com
Ancient Mariner Retail Stores (USA) Inc. also be issuing to accredited investors 1,360,000 common shares to accredited investors starting a subscription rate of .25 per share, then increasing as the company develops. Most of the capital will be utilized for working capital, showroom fixtures and products.
The company will also be acquiring as many retail showroom properties as it can by issuing to investors 1st mortgages on properties that are convertible to common shares. Conversion rate to be negotiated. The estimate value of each property will be from $4 to $6 million.
The mortgage holders can also subscribe to Ancient Mariner Retail Stores (USA) Inc. common shares.
The company has acquired 100% of the common shares of Ancient Mariner Awning & Signs Ltd. a company incorporated in the Province of British Columbia, Canada from Mr. Ken Meiklejohn in a share swap by issuing 20,000,000 common shares and 5,000,000 preferred shares with special voting rights to Mr. Meiklejohn.
Ancient Mariner Awning & Signs Ltd. is the most well - known awning and sign company in this market, has no liabilities to speak of and very profitable. Its web site is www.ancientmarinerawnings.com
Ancient Mariner Retail Stores (USA) Inc. also be issuing to accredited investors 1,360,000 common shares to accredited investors starting a subscription rate of .25 per share, then increasing as the company develops. Most of the capital will be utilized for working capital, showroom fixtures and products.
The company will also be acquiring as many retail showroom properties as it can by issuing to investors 1st mortgages on properties that are convertible to common shares. Conversion rate to be negotiated. The estimate value of each property will be from $4 to $6 million.
The mortgage holders can also subscribe to Ancient Mariner Retail Stores (USA) Inc. common shares.