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S3 Investment Company: S3 Investment Company Posts April 2009 Investor Newsletter Reviewing Recently Completed Redwood Capital

^{Published on 2009-04-06 11:17:54, Last Modified on 2009-04-06 11:18:59 - Market Wire}
 

DANVILLE, CA--(Marketwire - April 6, 2009) - S3 Investment Company, Inc. (PINKSHEETS: [ SIVC ]) today announced that the company has posted on its website the April 2009 edition of S3's shareholder newsletter reviewing the recently closed acquisition transaction involving Boyuan Construction Group, Inc., a client of its wholly owned Redwood Capital subsidiary. As a result of the transaction, Boyuan Construction, a leading builder of commercial, residential and municipal infrastructure projects in China's fast-growing regions of the Yangtze River Delta and the city of Sanya on Hainan Island, now trades on the TSX Venture Exchange under the stock symbol BOY.

A PDF version of S3's April 2009 newsletter can be viewed on the company's website at [ http://www.s3investments.com/media/news/ ].

Redwood Capital acted as Chinese merchant banking advisor to Boyuan Construction Inc. in the reverse takeover transaction, and in consideration for its services, received 330,219 Acquisition Common Shares.

In addition to reporting the successful close of the Boyuan Construction deal, its listing on Canada's TSX Venture Exchange, and the receipt of stock by Redwood Capital, the newsletter also reviews the appointment of Redwood Capital's Marketing Director, John Bai, to serve on the Board of Directors of Boyuan Construction, Mr. Bai, who holds Canadian citizenship and has experience as a registered investment advisor in Canada, was appointed to serve on the Board of Boyuan Construction, in part, to assist with its transition into the North American public markets.

The newsletter also highlights S3's ongoing effort to meet all of the requirements necessary to be placed in the "Current Information" classification through the Pink Sheets OTC Disclosure and News Service. S3 has submitted its annual and quarterly reports through the service, is fully up to date on its financial filings and recently filed its Initial Company Information and Disclosure Statement, which is now posted at [ www.pinksheets.com ]. With the Initial Company Information and Disclosure Statement posted, the company is preparing to submit a signed attorney letter agreement and post a required attorney opinion letter to meet all the requirements necessary to be placed in the "Current Information" classification. The Current Information designation falls in the "Transparent" category as defined by the Pink Sheets. Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market.

Another newsletter article reiterates that, in addition to its ongoing advisory work with Boyuan Construction, Redwood Capital continues to assist additional client companies in China with acquisition transactions that are expected to result in their entry into the North American capital markets. Redwood Capital's current clients conduct business in a variety of industries, including construction, building supplies, health care, and education.

S3 CEO Jim Bickel commented, "In addition to reviewing Redwood Capital's most recent successes in this newsletter, we continue to look forward to additional milestones in the development of the company. Particularly, we are focused on the next deals in which Redwood Capital is involved, and we expect an announcement regarding a new client in the near future."

About S3 Investment Company, Inc.

S3 Investment Company, Inc. ([ http://www.s3investments.com ]) and its wholly owned Redwood Capital subsidiary are focused on assisting private Chinese companies in accessing the North American capital markets by utilizing a network of investment banking relationships to achieve reverse merger transactions. For more information, please visit [ http://www.redwoodcapinc.com ].

Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.