WUTIF... you could invest or donate $10,000 at a net cost to you of only *$2,600?

Now, you can:

• Invest in British Columbia's New Economy companies; ...and
• Receive an immediate 30% cash-back from B.C.
...and
• Donate $10,000 to your favorite charity or institution or contribute $10,000 to your RRSP

...for additional tax deductions.

WUTIF Capital (VCC) Inc. is novel endowment and investment fund that co-invests with "angel" investors in promising new technology ventures.

WUTIF intends to raise up to $30 million through the sale of shares and warrants. The shares are priced initially at $10 each. The warrants, priced at $.10 each, permits the purchase of an additional share at the original purchase price plus 4% for a period of at least 5 years. Only $5 million in securities are being offered in the 2003-2004 taxation year.

The warrant allows the investor to donate generously to his charity or institution while still being able to personally participate in the upside growth potential of the Fund.

WUTIF invests in promising early-stage technology ventures in British Columbia, such as those being developed at B.C.'s universities and institutions. This includes communications and information technology, health and life sciences technologies, physical sciences, energy and fuel cells. The Fund will strive towards a broad portfolio, such that no more than 25% of its investments are in any one particular technology sector.

The Fund will co-invest with others (e.g. angels, founders, partners) in startup companies that are seeking their first external financing round beyond the initial "love" money stage. Specifically, the targets are companies requiring less than $500,000 with valuations under $2 million.

By using a combination of tax incentives, investors can reduce their at-risk exposure to only 26 cents for each dollar invested.