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Unique Pizza and Subs Announces they will begin to Market EB
USINFO | 2013-12-03 17:02
Unique Pizza and Subs Announces they will begin to Market EB-5 Funding Program in China
The EB-5 Immigrant Investor Program, which has been in existence since 1990, has become increasingly popular as a source of venture capital for U.S. enterprises over the past few years. Under the program qualifying foreign nationals can receive a green card with a minimum investment of $500,000 if they are able to prove that their at-risk money has created at least 10 jobs for U.S. citizens. The purpose of the EB-5 Program is to help stimulate foreign investment in the U.S., with the goal of boosting the economy and creating jobs.
China is now the dominant market for EB-5 investors. The number of Chinese EB-5 applicants, which has been growing since 2008, represented over 80 percent of the 2012 applicant pool that generated a reported $1.8 billion in total investment. For Fiscal Year 2011, The USCIS reported that China accounted for 73% of the total EB-5 visas issued. The massive influx over the past several years of Chinese EB-5 investment into the U.S. is one of the reasons why Washington, D.C. opened a Shanghai representative office in 2012. According to the Heritage Foundation's January 2013 China Global Investment Tracker report, China invested a record $54.2 billion in the U.S. in 2012.
James Vowler President and CEO of Unique Pizza and Subs Corporation said, "The EB-5 Program will act as a compliment and a catalyst to our frozen pizza program and future franchise sales in China. One of the biggest challenges EB-5 investors face is the success of their business after they have made their initial investment. Unique has plans to open corporate and franchised locations in the areas in which the investors will come from. This will allow potential investors to see, touch and taste their investment beforehand and allow them to be fully trained before their life changing move. In the next couple of weeks, we expect to announce, that Unique Pizza will be partnering with a firm that will help navigate the complexities of cross border transactions and will take advantage of their extensive network of contacts in China. "
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
The EB-5 Immigrant Investor Program, which has been in existence since 1990, has become increasingly popular as a source of venture capital for U.S. enterprises over the past few years. Under the program qualifying foreign nationals can receive a green card with a minimum investment of $500,000 if they are able to prove that their at-risk money has created at least 10 jobs for U.S. citizens. The purpose of the EB-5 Program is to help stimulate foreign investment in the U.S., with the goal of boosting the economy and creating jobs.
China is now the dominant market for EB-5 investors. The number of Chinese EB-5 applicants, which has been growing since 2008, represented over 80 percent of the 2012 applicant pool that generated a reported $1.8 billion in total investment. For Fiscal Year 2011, The USCIS reported that China accounted for 73% of the total EB-5 visas issued. The massive influx over the past several years of Chinese EB-5 investment into the U.S. is one of the reasons why Washington, D.C. opened a Shanghai representative office in 2012. According to the Heritage Foundation's January 2013 China Global Investment Tracker report, China invested a record $54.2 billion in the U.S. in 2012.
James Vowler President and CEO of Unique Pizza and Subs Corporation said, "The EB-5 Program will act as a compliment and a catalyst to our frozen pizza program and future franchise sales in China. One of the biggest challenges EB-5 investors face is the success of their business after they have made their initial investment. Unique has plans to open corporate and franchised locations in the areas in which the investors will come from. This will allow potential investors to see, touch and taste their investment beforehand and allow them to be fully trained before their life changing move. In the next couple of weeks, we expect to announce, that Unique Pizza will be partnering with a firm that will help navigate the complexities of cross border transactions and will take advantage of their extensive network of contacts in China. "
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
