University

MARBLYNGRAD SECURITIES EXCHANGE
ISSUE: 2242/04/216
INITIAL PUBLIC OFFERING

Speculative Edubanking Certificates

Issued by Súlíän & Daughters Personal Securitization, Pty.,

for and on behalf of

Cathál Rian-ith-Ríëlle

The Speculative Edubanking Certificates offered hereby represent beneficial option interests in future income of the subject, Cathál Rian-ith-Ríëlle. Realized funds from purchases of these securities will be used to fund on a 75/100 basis attainment of an Academician-level degree in Hydrodynamic Engineering by the subject, Cathál Rian-ith-Ríëlle; repayment will commence six years and one day post IPO, to an amount consisting of 25% of the post-expenses contractual income of the subject (refer to appended actuarial tables, Appendix B, for expected investor yield) for a period of twelve years.

Supervisory interest for the assurance of fiduciary behavior on the part of the subject, Cathál Rian-ith-Ríëlle, on behalf of the investors, is vested in Súlíän & Daughters Personal Securitization, Pty., and administered on their behalf by Korris Hearthtender Optimal Choices, ICC and Initiatives of said organization.

In the event of involuntary default the tort insurer of the subject, Cathál Rian-ith-Ríëlle, Smooth Flow Underwriting, ICC, has agreed to recompense the principal of all investors (refer to appended agreement, Appendix C); in the event of voluntary default, the burden of default lies with the subject and investors may wish to hedge accordingly. For this purpose:

These securities have been rated AA by Tinth Investor Protection, ICC.
These securities have been rated A+ by Ilythir Oversight & Certification, ICC.

These certificates are offered for sale and subsequent public trade by Marblyngrad Securities Exchange, subject to issuance by Súlíän & Daughters Personal Securitization, Pty., subject to prior withdrawal of the offer with or without notice, when, as, and if delivered to and accepted by the Exchange. It is expected that the certificates will be available for delivery in printed, registered, and sealed form at the Exchange Central Office on or about 2242/05/01.

One quarter of the certificates to be issued have been pre-allocated to the membership of the Marblyngrad Watermen’s Fellowship under their existing reciprocal sponsorship program.

(Note: this summary does not contain complete information about the Speculative Edubanking Certificates or the subject of this issue: for further information, please contact the Exchange Central Office for full details of this class of security and for a complete personal information statement and declaration as issued by the subject, Cathál Rian-ith-Ríëlle.)

Opening bids are invited from the date of issuance of this offering.