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Thursday, September 15, 2016

PAGE 5 - RESURRECTING RUPP

After leaving Cleveland, Ohio we stopped at Grand Rapids, Michigan where we spoke to a representative of Kawasaki motors about the possibility of using The Kawasaki engine in The New Rupp snowmobiles and also stopped at Chicago, Illinois where we visited with a representative of Yokohoma Rubber company about using their tracks on The Rupp snowmobile.  We then travelled to Janesville Wisconsin to look over the tooling and then on to Rapid City, South Dakota where I negotiated a lease and the cost of remodeling to suit the needs of a manufacturing plant. This was a vacant manufacturing building and grounds that was to house the new company. While in Rapid City, I also visited with a few stock brokers about selling The Superior Sport Sales shares and stock certificates.
Superior Sport Sales was incorporated under the laws of The State of Colorado and interested officers were elected as required.  It was decided to sell 1,400,000 shares of stock at $1.00 per share . I had that many stock certificates printed and also had a supply of prospectus circulars printed.  It outlined the history of the company, the type of business, the description of the securities offered,  the use of monies collected, the officers of the corporation,  marketing of shares and other requirements as dictated by The Securities and Exchange Commission. It was also decided that if we failed and was unable to acquire Rupp that Superior Sport Sales was to be expanded into an aftermarket parts house for all snowmobiles and the parts to be branded with our label which was to be SnoCat Shack.

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