After many months of exploratory discussions and ideas generation, we have come to the conclusion that the best way for Tangible to implement positive change is through the encouragement and delivery of projects involving:

• Indigenous Social and Commercial Enterprise
• Foreign Direct Investment
• Foreign Direct Input into our Intellectual Capital and Methods
• Ambitious signature Infrastructure projects

The word Enterprise includes all aspects of resourcefulness: attempting projects and initiatives that are bold and complex – especially entrepreneurial economic activity.

Tangible will proceed as a commercial entity, becoming a Publically Listed Company with global reach by 2014.  It will champion fast and pragmatic implementation of projects that deliver tangible value and benefits to the initiators, end users and to society at large.

We must now prepare for a transformation into a larger more efficient and effective Private Limited Company that is focused on delivering value to our clients and society in general.  This will involve the development of a whole new series of relationships and will require a range of stakeholders – individual and organisational.

This scale-up from a small boutique consultancy to a larger private limited company with a range of different stake-holders will be started in the 3^rd and 4^th Quarters of 2009 and the critical elements will be in place by 2010.

Tangible Ireland is:

• An independent, commercially driven company with a strong sense of corporate social responsibility
• Spearheading the generation of sustainable prosperity for all people with a strong affinity for Ireland wherever they are located in the world.
• Cultivating and Delivering  projects on core principles of integrity, fairness and reward for endeavour.

In 2012 Tangible will go public to increase our ability to raise capital and to deliver even more initiatives for a wider group of people.  Obviously those that join us or support us in these early stages will be rewarded in a variety of ways:

• Fees and profit from the various projects undertaken.
• Return for funds invested in the various projects undertaken.
• Potential for major dividends when Tangible Ireland goes to IPO.

In the coming months the approaches, leadership and share structure of the Private Limited Company will be outlined.  Our main aim is to recruit leaders who are willing to take risks and work with us to maximise the potential for income in the ways listed above.

I will be the major shareholder in this pre-IPO situation and I will provide the leadership and drive to deliver our vision.

1st August 2009

Raymond Sexton, Founder and CEO, Tangible Ireland