SOURCE: Transcendent One, Inc.

October 19, 2007 16:55 ET

Transcendent One, Inc. Announces Private Placement of Convertible Debt Units

CARSON CITY, NV--(Marketwire - October 19, 2007) - Transcendent One, Inc. announced today that it intends to raise $3,000,000 to finance expansion of its current operations by selling 600 convertible debt units upon the following terms:

    A.  Cost:  $5000 per Convertible Debt Unit.
    B.  Investors receive 3000 Common Shares of the Company per Unit
        purchased at the time of his/her purchase of Units.
    C.  Interest per Unit shall accrue at the rate of 10% per annum.
    D.  Principal and interest may be converted by investors into Common
        Shares of the Company at the rate of $.60 per share in October
        2009, or be repaid to investors.

Transcendent provides merchant payment processing services (e.g., credit card transactions) as a registered ISO/MSP of First National Bank of Omaha. For more information, you may contact Transcendent One's publicist Mr. Craig Pringle of CapCentra, LLC at 515-432-5780 or at cjp2020@hotmail.com.

This notice is not an offer to sell or a solicitation of an offer to buy convertible debt units/securities and is issued pursuant to Rule 135c under the Securities Act of 1933. This convertible debt unit offering/promotion/investment opportunity combining debt financing and equity financing is strictly limited to United States accredited investors as defined by SEC Regulation D/Rule 501(a) pursuant to Rule 506, and to United Kingdom certified high net worth individuals under Section 48 of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ("qualified investors"). By requesting more information, you thereby represent you are a qualified investor. The convertible debt units have not been registered under the US Securities Act of 1933, as amended (the "Act"), and will be sold only in compliance with Regulation D and Regulation S under the Act. The content of this promotion has not been approved by an authorized person within the meaning of the UK Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Nonexclusively with respect to forward looking statements contained herein and the characteristics of convertible debt units, this communication is subject to the terms and conditions of the Transcendent One convertible debt unit Subscription Agreement. The Company does not guarantee any specific rates of return ("ROI"), or that it is or will be going public/engaging in an initial public offering/("IPO") of its securities. The Company's publicist has been retained strictly for purposes of forwarding the Company's business plan and subscription agreement to inquiring qualified investors, and in no way will act as a broker-dealer or selling agent of the Company's securities. Further inquiries will be referred to the Company.

Contact Information

  • Transcendent One, Inc.
    249 S. Highway 101, Ste. 320
    Solana Beach, CA 92075
    858-720-8545
    Fax 858-720-1545
    A registered ISO/MSP of FNBO
    1620 Dodge St.
    Omaha, NE
    www.transcendentone.com