S-1/A 1 caddis_s1a.htm caddis_s1a.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
AMENDMENT NO. 1
to
FORM S-1
 
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
 
Caddis Consulting Group, Inc.
(Name of registrant as specified in its charter)
 
Nevada
7371
26-3751816
(State or jurisdiction of incorporation or organization)
(Primary Standard Industrial Classification Code Number)
(I.R.S. Employer Identification No.)
 
3550 Larkwood Court
Bloomfield Hills, Michigan 48302
(248) 341-3664
(Address and telephone number of registrant’s principal executive offices)
 
Harold P. Gewerter, Esq.
Law Offices of Harold P. Gewerter, Esq., Ltd.
5440 W. Sahara Avenue, Third Floor
Las Vegas, Nevada 89146
Telephone: (702) 382-1714
Facsimile No. (702) 382-1759
(Name, address and telephone number of agent for service)

Approximate date of proposed sale to the public: As soon as practicable after the effective date of this Registration Statement.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box: [X]

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act Registration Statement number of the earlier effective Registration Statement for the same offering. [   ]
 
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act Registration Statement number of the earlier effective Registration Statement for the same offering. [   ]
 
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act Registration Statement number of the earlier effective Registration Statement for the same offering. [   ]
 
Indicate by a check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one);

Large accelerated filer [   ]
Accelerated filer [   ]
   
Non-accelerated filer [   ]
Smaller reporting company [X]



 
 

 


CALCULATION OF REGISTRATION FEE



     
Proposed
 
 
Amount to
Proposed
Maximum
 
Title of Each Class
be
Maximum
Aggregate
Amount of
of Securities to be
Registered
Offering Price
Offering Price
Registration
Registered
(1)
per Share ($)
($)(2)
Fee($)
         
Shares of Common
       
Stock, par value
    4,000,000
$.01
  $40,000
$1.23
$0.001
       

1
4,000,000 shares are being offered by a direct offering at the price of $.01 per share.
   
2
Estimated solely for purposes of calculating the registration fee in accordance with Rule 457 of the Securities Act, based upon the fixed price of the direct offering.

The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.


















 
 

 

Prospectus

Caddis Consulting Group, Inc.
 
 
4,000,000 Shares of Common Stock
$0.01per share
$40,000 Maximum Offering
 
 
Caddis Consulting Group, Inc. (“Company”) is offering on an all-or-none basis a maximum of 4,000,000 shares of its common stock at a price of $0.01 per share. This is the initial offering of Common Stock of Caddis Consulting Group, Inc. and no public market exists for the securities being offered.  The Company is offering the shares on a “self-underwritten”, all or none basis directly through our officer and director.  The shares will be offered at a fixed price of $.01 per share for a period not to exceed 180 days from the date of this prospectus. There is no minimum number of shares required to be purchased. James D’Angelo, the sole officer and director of Caddis Consulting Group, Inc., intends to sell the shares directly.  No commission or other compensation related to the sale of the shares will be paid to our officer and director.  The intended methods of communication include, without limitations, telephone, and personal contact.  For more information, see the section titled “Plan of Distribution” and “Use of Proceeds” herein.
 
The proceeds from the sale of the shares in this offering will be payable to Law Offices of Harold P. Gewerter, Esq., LLC, Escrow Agent f/b/o Caddis Consulting Group, Inc..  A Trust Account will hold all the subscription funds pending placement of the entire offering.  This offering is on an all-or-none basis, meaning if all shares are not sold and the total offering amount is not deposited by the expiration of the offering, all monies will be returned to investors, without interest or deduction.
 
The Officer and director of the issuer and any affiliated parties thereof will not participate in this offering.
 
The offering shall terminate on the earlier of (i) the date when the sale of all 4,000,000 shares is completed or (ii) one hundred and eighty (180) days from the date of this prospectus.  Caddis Consulting Group, Inc. will not extend the offering period beyond one hundred and eighty (180) days from the effective date of this prospectus.
 
Caddis Consulting Group, Inc. is a development stage, start-up company and currently has no operations. Any investment in the shares offered herein involves a high degree of risk. You should only purchase shares if you can afford a complete loss of your investment.
 
BEFORE INVESTING, YOU SHOULD CAREFULLY READ THIS PROSPECTUS AND, PARTICULARLY, THE RISK FACTORS SECTION, BEGINNING ON PAGE 8.
 
NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES DIVISION HAS APPROVED OR DISAPPROVED THESE SECURITIES, OR DETERMINED IF THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
 
 

 
1

 

 
Prior to this offering, there has been no public market for Caddis Consulting Group, Inc.’s common stock.

   
Number of Shares
 
Offering Price
 
Underwriting Discounts & Commissions
 
Proceeds to the Company
 
Per Share
 
1
 
$
0.01
 
$
0.00
 
$
0.01
 
Maximum
 
4,000,000
 
$
 0.01
 
$
0.00
 
$
40,000
 


This investment involves a high degree of risk. You should purchase shares only if you can afford a complete loss of your investment. See the section titled “Risk Factors” herein.
 
 
THE INFORMATION IN THIS PROSPECTUS IS NOT COMPLETE AND MAY BE CHANGED.  CADDIS CONSULTING GROUP, INC. MAY NOT SELL THESE SECURITIES UNTIL THE REGISTRATION STATEMENT FILED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION IS EFFECTIVE. THIS PROSPECTUS IS NOT AN OFFER TO SELL THESE SECURITIES AND IT IS NOT SOLICITING AN OFFER TO BUY THESE SECURITIES IN ANY STATE WHERE THE OFFER OR SALE IS NOT PERMITTED.
 

Caddis Consulting Group, Inc. does not plan to use this offering prospectus before the effective date.

 
The date of this Prospectus is ______________, 200__.





 
2

 

Table of Contents

4
4
4
     The Offering
5
7
9
11
12
12
12
12
13
14
14
14
16
16
16
17
18
18
     Marketing
19
22
23
23
23
23
23
23
23
23
23
28
37
40
40
40
40
41
41
42
43
43
43
44
46
46
47
47
47
 

 

 
3

 

 
PART I: INFORMATION REQUIRED IN PROSPECTUS

CADDIS CONSULTING GROUP, INC.
3550 LARKWOOD COURT
BLOOMFIELD HILLS, MICHIGAN 48302

SUMMARY OF PROSPECTUS
 
You should read the following summary together with the more detailed business information, financial statements and related notes that appear elsewhere in this prospectus. In this prospectus, unless the context otherwise denotes, references to “we,” “us,” “our” and “Company” refer to Caddis Consulting Group, Inc.”.
 
General Information about the Company
 
Caddis Consulting Group, Inc. was incorporated in the State of Nevada on November 19, 2008.  Caddis Consulting Group, Inc. is a development stage company with a principal business of providing strategic information technology consulting to companies with specific emphasis on Business Process Re-Engineering and Enterprise Application Implementations. The software Product lines most often used in our solutions are SAP and PTC. Caddis Consulting Group, Inc. enables its clients to transform and perform through ERP, PLM and BIP technologies.

Caddis Consulting Group, Inc. is a development stage company that has not significantly commenced its planned principal operations. Caddis Consulting Group, Inc. operations to date have been devoted primarily to start-up and development activities, which include the following:

 
1.
Development of the Caddis Consulting Group, Inc. business plan;

 
2.
Formation of the Company and related duties;

 
3.
Conducted research and due diligence on; marketplace opportunities for ERP, PLM and BIP, the five major classes of competition, market segmentation, the six market segments, , market trends, market growth, service business analysis, competition and buying patterns related to the consultancy industry, various other services to be offered, price comparisons, pricing strategy, and marketing strategies;

 
4.
Initiated contact with former customers;

 
5.
Initiated work on sales/promotional material;

Caddis Consulting Group, Inc. is attempting to become operational and anticipates sales to begin by the third quarter of operations following the placement of our offering.  In order to generate revenues, Caddis Consulting Group, Inc. must address the following areas:

 
1.
Cultivate Existing Relationships:  Caddis Consulting Group believes it has a competitive edge because our founder already has a significant number of high quality relationships with past, current and potential clients.
 
2.
Emphasis on Customer Satisfaction and Loyalty:  Caddis Consulting Group believes that providing complete customer satisfaction will cultivate a loyal customer base while setting a corporate foundation for long-term success.
 
3.
Stress Competitive Edge: all U. S. citizen consultants, Eastern Time Zone based, English first language consultants, and personalized relationship services.
 
4.
Run our Company ethically and responsibly: Conduct our business and ourselves ethically and responsibly.
 

 
 
4

 


The Company believes that raising $40,000 through the sale of common equity is sufficient for the company to become operational and sustain operations through the next twelve (12) months. The capital raised has been budgeted to establish our infrastructure and to become a fully reporting company. We believe that the recurring revenues from sales of our services will be sufficient to support ongoing operations. Unfortunately, this can be no assurance that the actual expenses incurred will not materially exceed our estimates or that cash flow from services and revenues derived will be adequate to maintain our business. As a result, our independent auditors have expressed substantial doubt about our ability to continue as a going concern in the independent auditors’ report to the financial statements included in the registration statement.

Caddis Consulting Group, Inc. currently has one officer and director. This individual allocates time and personal resources to Caddis Consulting Group, Inc. on a part-time basis and devotes approximately 10 hours a week to the Company.

As of the date of this prospectus, Caddis Consulting Group, Inc. has 10,000,000 shares of $0.001 par value common stock issued and outstanding.

Caddis Consulting Group, Inc. has administrative offices located on the premises of our President, James D’Angelo, which he provides on a rent free basis.  The address is 3550 Larkwood Court, Bloomfield Hills, Michigan 48302.

Caddis Consulting Group, Inc.’s fiscal year end is August 31.
 
The Offering
 
The following is a brief summary of this offering.  Please see the “Plan of Distribution” section for a more detailed description of the terms of the offering.

Securities Being Offered:
4,000,000 shares of common stock, par value $.001
   
Offering Price per Share:
$.01
   
Offering Period:
The shares are being offered for a period not to exceed 180 days.  In the event we do not sell all of the shares before the expiration date of the offering, all funds raised will be promptly returned from the escrow account and returned to the investors, without interest or deduction.
   
Escrow Account:
The proceeds from the sale of the shares in this offering will be payable to “Law Offices of Harold P. Gewerter, Esq., LLC Escrow Agent f/b/o Caddis Consulting Group, Inc.” and will be deposited in a non-interest/minimal interest bearing bank account until all offering proceeds are raised. All subscription agreements and checks are irrevocable and should be delivered to Law Offices of Harold P. Gewerter, Esq., LLC Failure to do so will result in checks being returned to the investor, who submitted the check. Caddis Consulting Group, Inc. trust agent, Harold P. Gewerter, Esq., LLC acts as legal counsel for Caddis Consulting Group, Inc. and is therefore not an independent third party.
   
Net Proceed to Company:
$40,000
   
Use of Proceeds:
We intend to use the proceeds to expand our business operations.
   
Number of Shares Outstanding
 
Before the Offering:
10,000,000 common shares
   
Number of Shares Outstanding
 
After the Offering:
14,000,000 common shares
 

 
 
5

 


The offering price of the common stock bears no relationship to any objective criterion of value and has been arbitrarily determined. The price does not bear any relationship to Caddis Consulting Group, Inc. assets, book value, historical earnings, or net worth.

Caddis Consulting Group, Inc. will apply the proceeds from the offering to pay for accounting fees, legal and professional fees, office equipment and furniture, office supplies, salaries/contractors, sales and marketing, and general working capital.

The Company has not presently secured an independent stock transfer agent. Caddis Consulting Group, Inc. has identified an agent to retain that will facilitate the processing of the certificates upon closing of the offering. Such transfer is identified as Pacific Stock Transfer Company, 500 East Warm Springs Road, Suite 240, Las Vegas, Nevada 89119, having a telephone number of (702) 361-3033.

The purchase of the common stock in this offering involves a high degree of risk. The common stock offered in this prospectus is for investment purposes only and currently no market for Caddis Consulting Group, Inc. common stock exists. Please refer to the sections herein titled “Risk Factors” and “Dilution” before making an investment in this stock.

SUMMARY FINANCIAL INFORMATION
 
The following table sets forth summary financial data derived from Caddis Consulting Group, Inc. financial statements. The accompanying notes are an integral part of these financial statements and should be read in conjunction with the financial statements, related notes and other financial information included in this prospectus.

Statements of operations data 
For the period from inception (November 19, 2008) to November 30, 2008

   
November 19, 2008
 
   
(Inception)
 
   
through
 
   
November 30, 2008
 
       
Revenues
  $ -  
         
Operating expenses
       
General and administrative
    4,325  
      4,325  
         
(Loss) from operations
    (4,325 )
         
Other income (expense)
       
Interest income
    -  
Interest expense
    -  
Loss before income taxes
    (4,325 )
         
Income tax expense
    -  
Net (loss)
  $ (4,325 )
         
Basic and diluted loss per common share
  $ (0.000 )
         
Basic and diluted weighted average common shares outstanding
    10,000,000  
 

 
 
6

 


 
RISK FACTORS
 
An investment in these securities involves an exceptionally high degree of risk and is extremely speculative in nature. Following are what we believe are all of the material risks involved if you decide to purchase shares in this offering.

RISKS ASSOCIATED WITH OUR COMPANY:

JAMES D’ANGELO, THE SOLE OFFICER AND DIRECTOR OF THE COMPANY, CURRENTLY DEVOTES APPROXIMATELY 10 HOURS PER WEEK TO COMPANY MATTERS.  HE DOES NOT HAVE ANY PUBLIC COMPANY EXPERIENCE AND IS INVOLVED IN OTHER BUSINESS ACTIVITIES.  THE COMPANY'S NEEDS COULD EXCEED THE AMOUNT OF TIME OR LEVEL OF EXPERIENCE HE MAY HAVE.  THIS COULD RESULT IN HIS INABILITY TO PROPERLY MANAGE COMPANY AFFAIRS, RESULTING IN OUR REMAINING A START-UP COMPANY WITH NO REVENUES OR PROFITS.

Our business plan does not provide for the hiring of any additional employees until sales will support the expense, which is estimated to be the third quarter of operations. Until that time, the responsibility of developing the company's business, the offering and selling of the shares through this prospectus and fulfilling the reporting requirements of a public company all fall upon James D’Angelo. While Mr. D’Angelo has industry related experience including management and accounting, he does not have experience in a public company setting, including serving as a principal accounting officer or principal financial officer. We have not formulated a plan to resolve any possible conflict of interest with his other business activities. In the event he is unable to fulfill any aspect of his duties to the company we may experience a shortfall or complete lack of sales resulting in little or no profits and eventual closure of the business.

SINCE WE ARE A DEVELOPMENT STAGE COMPANY, THE COMPANY HAS GENERATED NO REVENUES AND DOES NOT HAVE AN OPERATING HISTORY.  AN INVESTMENT IN THE SHARES OFFERED HEREIN IS HIGHLY RISKY AND COULD RESULT IN A COMPLETE LOSS OF YOUR INVESTMENT IF WE ARE UNSUCCESSFUL IN OUR BUSINESS PLANS.

The Company was incorporated on November 19, 2008; we have not yet commenced our business operations; and we have not yet realized any revenues. We have no operating history upon which an evaluation of our future prospects can be made. Based upon current plans, we expect to incur operating losses in future periods as we incurred expenses associated with the initial startup of our business. Further, we cannot guarantee that we will be successful in realizing revenues or in achieving or sustaining positive cash flow at any time in the future. Any such failure could result in the possible closure of our business or force us to seek additional capital through loans or additional sales of our equity securities to continue business operations, which would dilute the value of any shares you purchase in this offering.

WE DO NOT YET HAVE ANY SUBSTANTIAL ASSETS AND ARE TOTALLY DEPENDENT UPON THE PROCEEDS OF THIS OFFERING TO FULLY FUND OUR BUSINESS.  IF WE DO NOT SELL THE SHARES IN THIS OFFERING WE WILL HAVE TO SEEK ALTERNATIVE FINANCING TO COMPLETE OUR BUSINESS PLANS OR ABANDON THEM.

Caddis Consulting Group, Inc. has limited capital resources. To date, the Company has funded its operations from limited funding and has not generated sufficient cash from operations to be profitable.  Unless Caddis Consulting Group, Inc. begins to generate sufficient revenues to finance operations as a going concern, Caddis Consulting Group, Inc. may experience liquidity and solvency problems.  Such liquidity and solvency problems may force Caddis Consulting Group, Inc. to cease operations if additional financing is not available. No known alternative resources of funds are available to Caddis Consulting Group, Inc. in the event it does not have adequate proceeds from this offering. However, Caddis Consulting Group, Inc. believes that the net proceeds of the Offering will be sufficient to satisfy the start-up and operating requirements for the next twelve months.
 

 
7

 


WE CANNOT PREDICT WHEN OR IF WE WILL PRODUCE REVENUES, WHICH COULD RESULT IN A TOTAL LOSS OF YOUR INVESTMENT IF WE ARE UNSUCCESSFUL IN OUR BUSINESS PLANS.

We have not sold any services to date and have not yet generated any revenues from operations. In order for us to continue with our plans and open our business, we must raise our initial capital through this offering. The timing of the completion of the milestones needed to commence operations and generate revenues is contingent on the success of this offering. There can be no assurance that we will generate revenues or that revenues will be sufficient to maintain our business. As a result, you could lose all of your investment if you decide to purchase shares in this offering and we are not successful in our proposed business plans.

OUR CONTINUED OPERATIONS DEPEND ON THE INDUSTRIES ACCEPTANCE OF OUR SERVICES. IF THE INDUSTRY DOESN'T FIND OUR SERVICES DESIRABLE AND SUITABLE FOR PURCHASE AND WE CANNOT ESTABLISH A CUSTOMER BASE, WE MAY NOT BE ABLE TO GENERATE ANY REVENUES, WHICH WOULD RESULT IN A FAILURE OF OUR BUSINESS AND A LOSS OF ANY INVESTMENT YOU MAKE IN OUR SHARES.

The ability to sell our information technology services to the industry that the market accepts as competent and competitively priced and is critically important to our success. We cannot be certain that our services we offer will satisfy the markets needs and as a result there may not be any demand and our sales could be limited and we may never realize any revenues. In addition, there are no assurances that if we alter, or develop new services in the future that the markets demand for these will develop and this could adversely affect our business and any possible revenues.

THE LOSS OF THE SERVICES OF JAMES D’ANGELO COULD SEVERELY IMPACT OUR BUSINESS OPERATIONS AND THE FUTURE DEVELOPMENT OF SERVICES OFFERED, WHICH COULD RESULT IN A LOSS OF REVENUES AND YOUR ABILITY TO EVER SELL ANY SHARES YOU PURCHASE IN THIS OFFERING.

Our performance is substantially dependent upon the professional expertise of our President, James D’Angelo. His past experience to manage, perform services, and market large portfolios makes the Company dependent on his abilities.  If he were unable to perform his services, this loss of the services could have an adverse effect on our business operations, financial condition and operating results if we are unable to replace him with another individual with a comprehensive background in technology sales and marketing management.  The loss of his services could result in a loss of revenues, which could result in a reduction of the value of any shares you purchase in this offering.

THE CONSULTING INDUSTRY IS HIGHLY COMPETITIVE. IF WE CAN NOT DEVELOP AND MARKET DESIRABLE SERVICES THAT THE INDUSTRY IS WILLING TO PURCHASE, WE WILL NOT BE ABLE TO COMPETE SUCCESSFULLY, OUR BUSINESS MAY BE ADVERSELY AFFECTED AND WE MAY NEVER BE ABLE TO GENERATE ANY REVENUES.

Caddis Consulting Group, Inc. has many potential competitors in the information technology sector.  We consider the competition is competent, experienced, and they have greater financial and marketing resources than we do at the present. Our ability to compete effectively may be adversely affected by the ability of these competitors to devote greater resources to the development, sales, and marketing of their services than are available to us.

Some of the Company’s competitors also offer a wider range of services; have greater name recognition and more extensive customer bases than the Company.  These competitors may be able to respond more quickly to new or changing opportunities, sector needs, technological requirements, undertake more extensive promotional activities, offer terms that are more attractive to customers and adopt more aggressive pricing policies than the Company.  Moreover, current and potential competitors have established or may establish cooperative relationships among themselves or with third parties to enhance their visibility.  The Company expects that new competitors or alliances among competitors have the potential to emerge and may acquire significant market share.  Competition by existing and future competitors could result in an inability to secure adequate market share sufficient to support Caddis Consulting endeavors.  Caddis Consulting cannot be assured that it will be able to compete successfully against present or future competitors or that the competitive pressure it may face will not force it to cease operations.  As a result, you may never be able to liquidate or sell any shares you purchase in this offering.
 

 
8

 


CADDIS CONSULTING GROUP, INC. MAY NOT BE ABLE TO ATTAIN PROFITABILITY WITHOUT ADDITIONAL FUNDING, WHICH MAY BE UNAVAILABLE.

Caddis Consulting Group, Inc. has limited capital resources. Unless Caddis Consulting Group, Inc. begins to generate sufficient revenues to finance operations as a going concern, Caddis Consulting Group, Inc. may experience liquidity and solvency problems. Such liquidity and solvency problems may force Caddis Consulting Group, Inc. to cease operations if additional financing is not available. No known alternative resources or funds are available to Caddis Consulting Group, Inc. in the event it does not raise adequate proceeds from this offering. However, Caddis Consulting Group, Inc. believes that the net proceeds of the Offering will be sufficient to satisfy the start-up and operating requirements for the next twelve months.
 
RISKS ASSOCIATED WITH THIS OFFERING
 
WE ARE SELLING THIS OFFERING WITHOUT AN UNDERWRITER AND MAY BE UNABLE TO SELL ANY SHARES. UNLESS WE ARE SUCCESSFUL IN SELLING THE SHARES AND RECEIVING THE PROCEEDS FROM THIS OFFERING, WE MAY HAVE TO SEEK ALTERNATIVE FINANCING TO IMPLEMENT OUR BUSINESS PLANS AND YOU WOULD RECEIVE A RETURN OF YOUR ENTIRE INVESTMENT.

This offering is self-underwritten, that is, we are not going to engage the services of an underwriter to sell the shares; we intend to sell them through our officer and director, who will receive no commissions. He will offer the shares to friends, relatives, acquaintances and business associates; however, there is no guarantee that he will be able to sell any of the shares. In the event we do not sell all of the shares before the expiration date of the offering, all funds raised will be promptly returned to the investors, without interest or deduction.

DUE TO THE LACK OF A TRADING MARKET FOR OUR SECURITIES, YOU MAY HAVE DIFFICULTY SELLING ANY SHARES YOU PURCHASE IN THIS OFFERING.

There is presently no demand for our common stock and no public market exists for the shares being offered in this prospectus. We plan to contact a market maker immediately following the effectiveness of this Registration Statement and apply to have the shares quoted on the OTC Electronic Bulletin Board (OTCBB). The OTCBB is a regulated quotation service that displays real-time quotes, last sale prices and volume information in over-the-counter (OTC) securities. The OTCBB is not an issuer listing service, market or exchange. Although the OTCBB does not have any listing requirements per se, to be eligible for quotation on the OTCBB, issuers must remain current in their filings with the SEC or applicable regulatory authority. Market Makers are not permitted to begin quotation of a security whose issuer does not meet this filing requirement. Securities already quoted on the OTCBB that become delinquent in their required filings will be removed following a 30 or 60 day grace period if they do not make their required filing during that time. We cannot guarantee that our application will be accepted or approved and our stock listed and quoted for sale. As of the date of this filing, there have been no discussions or understandings between Caddis Consulting Group, Inc. or anyone acting on our behalf with any market maker regarding participation in a future trading market for our securities. If no market is ever developed for our common stock, it will be difficult for you to sell any shares you purchase in this offering. In such a case, you may find that you are unable to achieve any benefit from your investment or liquidate your shares without considerable delay, if at all. In addition, if we fail to have our common stock quoted on a public trading market, your common stock will not have a quantifiable value and it may be difficult, if not impossible, to ever resell your shares, resulting in an inability to realize any value from your investment.

INVESTORS IN THIS OFFERING WILL BEAR A SUBSTANTIAL RISK OF LOSS DUE TO IMMEDIATE AND SUBSTANTIAL DILUTION

The principal shareholder of Caddis Consulting Group, Inc. is James D’Angelo who also serves as its President, Secretary, Treasurer, and Director.  Mr. D’Angelo acquired 6,000,000 restricted shares of Caddis Consulting Group, Inc. common stock at a price per share of $0.001 for a $6,000 equity investment and acquired an additional 4,000,000 restricted shares of Caddis Consulting Group, Inc. common stock at a price per share of $0.001 for services valued at $4,000.  Upon the sale of the common stock offered hereby, the investors in this offering will experience an immediate and substantial “dilution.”  Therefore, the investors in this offering will bear a substantial portion of the risk of loss. Additional sales of Caddis Consulting Group, Inc. common stock in the future could result in further dilution. Please refer to the section titled “Dilution” herein.
 

 
9

 


PURCHASERS IN THIS OFFERING WILL HAVE LIMITED CONTROL OVER DECISION MAKING BECAUSE JAMES D’ANGELO, CADDIS CONSULTING GROUP, INC.’S OFFICER, DIRECTOR AND SHAREHOLDER CONTROLS ALL OF CADDIS CONSULTING GROUP, INC. ISSUED AND OUTSTANDING COMMON STOCK.

Presently, James D’Angelo, Caddis Consulting Group, Inc.’s Director, President, Secretary, and Treasurer beneficially owns 100% of the outstanding common stock. Because of such ownership, investors in this offering will have limited control over matters requiring approval by Caddis Consulting Group, Inc. security holders, including the election of directors. Mr. D’Angelo would retain 71.4% ownership in Caddis Consulting Group, Inc. common stock assuming the entire placement of the offering is attained.  Such concentrated control may also make it difficult for Caddis Consulting Group, Inc. stockholders to receive a premium for their shares of Caddis Consulting Group, Inc. common stock in the event Caddis Consulting Group, Inc. enters into transactions, which require stockholder approval. In addition, certain provisions of Nevada law could have the effect of making it more difficult or more expensive for a third party to acquire, or of discouraging a third party from attempting to acquire, control of Caddis Consulting Group, Inc. For example, Nevada law provides that not less than two-thirds vote of the stockholders is required to remove a director for cause, which could make it more difficult for a third party to gain control of the Board of Directors. This concentration of ownership limits the power to exercise control by the minority shareholders.

WE WILL INCUR ONGOING COSTS AND EXPENSES FOR SEC REPORTING AND COMPLIANCE, WITHOUT REVENUE WE MAY NOT BE ABLE TO REMAIN IN COMPLIANCE, MAKING IT DIFFICULT FOR INVESTORS TO SELL THEIR SHARES, IF AT ALL.

Our business plan allows for the estimated $6,000 cost of this Registration Statement to be paid from our cash on hand. We plan to contact a market maker immediately following the effectiveness of this Registration Statement and apply to have the shares quoted on the OTC Electronic Bulletin Board. To be eligible for quotation on the OTCBB, issuers must remain current in their filings with the SEC. Market Makers are not permitted to begin quotation of a security whose issuer does not meet this filing requirement. Securities already quoted on the OTCBB that become delinquent in their required filings will be removed following a 30 or 60 day grace period if they do not make their required filing during that time. In order for us to remain in compliance we will require future revenues to cover the cost of these filings, which could comprise a substantial portion of our available cash resources. If we are unable to generate sufficient revenues to remain in compliance it may be difficult for you to resell any shares you may purchase, if at all.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS.

This prospectus contains forward-looking statements about Caddis Consulting Group, Inc. business, financial condition, and prospects that reflect Caddis Consulting Group, Inc. management’s assumptions and beliefs based on information currently available. Caddis Consulting Group, Inc. can give no assurance that the expectations indicated by such forward-looking statements will be realized. If any of Caddis Consulting Group, Inc. assumptions should prove incorrect, or if any of the risks and uncertainties underlying such expectations should materialize, the actual results may differ materially from those indicated by the forward-looking statements.

The key factors that are not within Caddis Consulting Group, Inc.’s control and that may have a direct bearing on operating results include, but are not limited to, acceptance of the services that Caddis Consulting Group, Inc. expects to market, Caddis Consulting Group, Inc.’s ability to establish a customer base, managements’ ability to raise capital in the future, the retention of key employees and changes in the regulation of the industry in which Caddis Consulting Group, Inc. functions.

There may be other risks and circumstances that management may be unable to predict to sustain operations. When used in this prospectus, words such as, “believes”, “expects”, “intends”, “plans”, “anticipates”, “estimates” and similar expressions are intended to identify and qualify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions.
 
 

 
10

 



USE OF PROCEEDS

Selling all of the shares in the offering will result in $40,000 gross proceeds to Caddis Consulting Group, Inc.  We expect to disburse the proceeds from this offering in the priority set forth below within the first 12 months after successful completion of this offering:

Caddis Consulting Group, Inc. intends to use the proceeds from this offering as follows:

Application of Proceeds
   
$
   
% of total
 
               
               
Total Offering Proceeds
    40,000       100.00  
                 
                 
Offering Expenses
               
Legal & Professional Fees
    1,500       3.75  
Accounting Fees
    3,500       8.75  
Blue-sky fees
    1,000       2.50  
Total Offering Expenses
    6,000       15.00  
                 
                 
Net Proceeds from Offering
    34,000       85.00  
                 
                 
Use of Net Proceeds
               
Accounting Fees
    2,500       6.25  
Legal and Professional Fees
    1,000       2.50  
Office Equipment and Furniture
    5,000       12.50  
Office Supplies
    500       1.25  
Salaries/Contractors  1
    11,000       27.50  
Sales and Marketing
    12,700       31.75  
Working Capital  2
    1,300       3.25  
Total Use of Net Proceeds
    34,000       85.00  
                 
                 
Total Use of Proceeds
    40,000       100.00  

Notes:

1 The category of Salaries/Contractors includes, but is not be limited to fees associated with contract labor.

2 The category of Working Capital may include, but is not limited to, postage, telephone services, overnight delivery services and other general operating expenses.  Any line item amounts not expended completely shall be held in reserve as working capital and subject to reallocation to other line item expenditures as required for ongoing operations.



 
11

 


 
DETERMINATION OF OFFERING PRICE
 
The offering price of the common stock has been arbitrarily determined and bears no relationship to any objective criterion of value. The price does not bear any relationship to Caddis Consulting Group, Inc.’s assets, book value, historical earnings, or net worth. In determining the offering price, management considered such factors as the prospects, if any, for similar companies, anticipated results of operations, present financial resources and the likelihood of acceptance of this offering.
 
DILUTION OF THE PRICE YOU PAY FOR YOUR SHARES
 
“Dilution” represents the difference between the offering price of the shares of common stock and the net book value per share of common stock immediately after completion of the offering. “Net Book Value” is the amount that results from subtracting total liabilities from total assets. In this offering, the level of dilution is increased as a result of the relatively low book value of Caddis consulting Group’s issued and outstanding stock. This is due in part because of the common stock issued to the Caddis Consulting Group’s officer, director, and employee totaling 10,000,000 shares at par value $0.001 per share versus the current offering price of $0.01 per share. Please refer to the section titled “Certain Transactions”, herein, for more information. Caddis Consulting Group net book value on November 30, 2008 was $5,675. Assuming all 4,000,000 shares offered are sold, and in effect Caddis Consulting Group receives the maximum estimated proceeds of this offering from shareholders, Caddis Consulting Group net book value will be approximately $0.0033 per share. Therefore, any investor will incur an immediate and substantial dilution of approximately $0.0067 per share while the Caddis Consulting Group present stockholder will receive an increase of $0.0027 per share in the net tangible book value of the shares that he holds. This will result in a 67.00% dilution for purchasers of stock in this offering.
 
This table represents a comparison of the prices paid by purchasers of the common stock in this offering and the individual who purchased shares in Caddis Consulting Group previously:

   
Maximum
 
   
Offering
 
         
Book Value Per Share Before the Offering
 
$
0.0006
 
         
Book Value Per Share After the Offering
 
$
0.0033
 
         
Net Increase to Original Shareholders
 
$
0.0027
 
         
Decrease in Investment to New Shareholders
 
$
0.0067
 
         
Dilution to New Shareholders (%)
   
     67.00
%

 
PLAN OF DISTRIBUTION
 
Offering will be Sold by Our Officer and Director
 
This is a self-underwritten offering. This Prospectus is part of a Registration Statement that permits our officer and director to sell the Shares directly to the public, with no commission or other remuneration payable to him for any Shares he sells. There are no plans or arrangements to enter into any contracts or agreements to sell the Shares with a broker or dealer. James D’Angelo, the sole officer and director, will sell the shares and intends to offer them to friends, family members and acquaintances. In offering the securities on our behalf, Mr. D’Angelo will rely on the safe harbor from broker dealer registration set out in Rule 3a4-1 under the Securities Exchange Act of 1934.  In his endeavors to sell this offering, Mr. D’Angelo does not intend to use any mass-advertising methods such as the Internet or print media.
 

 
12

 

Mr. D’Angelo will not register as a broker-dealer pursuant to Section 15 of the Securities Exchange Act of 1934, in reliance upon Rule 3a4-1, which sets forth the conditions under which a person associated with an Issuer, may participate in the offering of the Issuer's securities and not be deemed to be a broker-dealer.

 
a.
Mr. D’Angelo is an officer and director and is not subject to a statutory disqualification, as that term is defined in Section 3(a)(39)of the Act, at the time of his participation; and

 
b.
Mr. D’Angelo is an officer and director and will not be compensated in connection with his participation by the payment of commissions or other remuneration based either directly or indirectly on transactions in securities; and

 
c.
Mr. D’Angelo is an office and director and is not, nor will he be at the time of his participation in the offering, an associated person of a broker-dealer; and

 
d.
Mr. D’Angelo is an officer and director and meets the conditions of paragraph (a)(4)(ii) of Rule 3a4-1 of the Exchange Act, in that he (A) primarily performs, or is intended primarily to perform at the end of the offering, substantial duties for or on behalf of our company, other than in connection with transactions in securities; and (B) is not a broker or dealer, nor been associated person of a broker or dealer, within the preceding twelve months; and (C) has not participated in selling and offering securities for any Issuer more than once every twelve months other than in reliance on Paragraphs (a)(4)(i) (a) (4) (iii).

Our officer, director, control person and affiliates of same do not intend to purchase any shares in this offering.
 
Terms of the Offering
 
Caddis Consulting Group, Inc. (“Company”) is offering on a all-or-none basis a maximum of 4,000,000 shares of its common stock at a price of $0.01 per share. This is the initial offering of Common Stock of Caddis Consulting Group, Inc. and no public market exists for the securities being offered.  The Company is offering the shares on a “self-underwritten”, all or none basis directly through our officer and director.  The shares will be offered at a fixed price of $.01 per share for a period not to exceed 180 days from the date of this prospectus. There is no minimum number of shares required to be purchased. This offering is on a all-or-none basis, meaning if all shares are not sold and the total offering amount is not deposited by the expiration of the offering, all monies will be returned to investors, without interest or deduction.  James D’Angelo, the sole officer and director of Caddis Consulting Group, Inc., intends to sell the shares directly.  No commission or other compensation related to the sale of the shares will be paid to our officer and director.  The intended methods of communication include, without limitations, telephone, and personal contact.  For more information, see the section titled “Plan of Distribution” and “Use of Proceeds” herein. See
 
The Officer and director of the issuer and any affiliated parties thereof will not participate in this offering.
 
The offering shall terminate on the earlier of (i) the date when the sale of all 4,000,000 shares is completed or (ii) one hundred and eighty (180) days from the date of this prospectus.  Caddis Consulting Group, Inc. will not extend the offering period beyond one hundred and eighty (180) days from the effective date of this prospectus.
 
There can be no assurance that all, or any, of the shares will be sold. As of the date of this Prospectus, Caddis Consulting Group, Inc. has not entered into any agreements or arrangements for the sale of the shares with any broker/dealer or sales agent. However, if Caddis Consulting Group, Inc. were to enter into such arrangements, Caddis Consulting Group, Inc. will file a post effective amendment to disclose those arrangements because any broker/dealer participating in the offering would be acting as an underwriter and would have to be so named in the prospectus.
 

 
13

 


In order to comply with the applicable securities laws of certain states, the securities may not be offered or sold unless they have been registered or qualified for sale in such states or an exemption from such registration or qualification requirement is available and with which Caddis Consulting Group, Inc. has complied. The purchasers in this offering and in any subsequent trading market must be residents of such states where the shares have been registered or qualified for sale or an exemption from such registration or qualification requirement is available. As of the date of this Prospectus, Caddis Consulting Group, Inc. has not identified the specific states where the offering will be sold. Caddis Consulting Group, Inc. will file a pre-effective amendment indicating which state(s) the securities are to be sold pursuant to this registration statement.
 
Deposit of Offering Proceeds

The proceeds from the sale of the shares in this offering will be payable to Law Offices of Harold P. Gewerter, Esq., LLC, Escrow Agent f/b/o Caddis Consulting Group, Inc. (“Trust Account”) and will be deposited in a non-interest/minimal interest bearing bank account until all the offering proceeds are raised. All subscription agreements and checks are irrevocable and should be delivered to Law Offices of Harold P. Gewerter, Esq., LLC, 5440 W. Sahara Avenue, Third Floor, Las Vegas, Nevada 89146.  Failure to do so will result in checks being returned to the investor who submitted the check. All subscription funds will be held in the Trust Account pending and no funds shall be released to Caddis Consulting Group, Inc. until such a time as the entire offering is sold. If the entire offering is not sold and proceeds received within one hundred and eighty (180) days of the date of this prospectus, all subscription funds will be returned to investors promptly without interest or deduction of fees. The fee of the Trust Agent is $500.00. (See Exhibit 99(b)).
 
Procedures and Requirements for Subscription

Prior to the effectiveness of the Registration Statement, the Issuer has not provided potential purchasers of the securities being registered herein with a copy of this prospectus.  Investors can purchase common stock in this offering by completing a Subscription Agreement (attached hereto as Exhibit 99(a)) and sending it together with payment in full to Law Offices of Harold P. Gewerter, Esq., LLC, Escrow Agent f/b/o Caddis Consulting Group, Inc., 5440 W. Sahara Avenue, Third Floor, Las Vegas, Nevada 89146.  All payments are required in the form of United States currency either by personal check, bank draft, or by cashier’s check. There is no minimum subscription requirement. All subscription agreements and checks are irrevocable. Caddis Consulting Group, Inc. reserves the right to either accept or reject any subscription. Any subscription rejected within this 30-day period will be returned to the subscriber within five business days of the rejection date. Furthermore, once a subscription agreement is accepted, it will be executed without reconfirmation to or from the subscriber. Once Caddis Consulting Group, Inc. accepts a subscription, the subscriber cannot withdraw it.

DESCRIPTION OF SECURITIES

Caddis Consulting Group, Inc.’s authorized capital stock consists of 70,000,000 shares of common stock with a par value $.001, and 5,000,000 shares of preferred stock with a par value $.001 per share.

COMMON STOCK

Caddis Consulting Group, Inc.’s authorized capital stock consists of 70,000,000 shares of common stock, with a par value of $0.001 per share.

The holders of our common stock:

 
1.
Have equal ratable rights to dividends from funds legally available therefore, when, as and if declared by the Board of Directors;
 

 
 
14

 


 
2.
Are entitled to share ratably in all of assets available for distribution to holders of common stock upon liquidation, dissolution, or winding up of corporate affairs;

 
3.
Do not have preemptive, subscription or conversion rights and there are no redemption or sinking fund provisions or rights; and

 
4.
Are entitled to one vote per share on all matters on which stockholders may vote.

All shares of common stock now outstanding are fully paid for and non-assessable and all shares of common stock which are the subject of this offering, when issued, will be fully paid for and non assessable.

NON-CUMULATIVE VOTING

Holders of Caddis Consulting Group, Inc. common stock do not have cumulative voting rights. Cumulative voting rights are described as holders of more than 50% of the outstanding shares, voting for the election of directors, can elect all of the directors to be elected, if they so choose, and, in such event, the holders of the remaining shares will not be able to elect any of Caddis Consulting Group, Inc. directors.

PREFERRED STOCK

Caddis Consulting Group, Inc. has no current plans to either issue any preferred stock or adopt any series, preferences, or other classification of the 5,000,000 shares of preferred stock authorized with a par value $.001 as stated in the Articles of Incorporation.  The Board of Directors is authorized to (i) provide for the issuance of shares of the authorized preferred stock in series and (ii) by filing a certificate pursuant to the laws of Nevada, to establish from time to time the number of shares to be included in each such series and to fix the designation, powers, preferences and rights of the shares of each such series and the qualifications, limitations or restrictions thereof, all without any further vote or action by the stockholders. Any shares of issued preferred stock would have priority over the common stock with respect to dividend or liquidation rights. Any future issuance of preferred stock may have the effect of delaying, deferring, or preventing a change in control of the company without further action by the stockholders and may adversely affect the voting and other rights of the holders of common stock.

The issuance of shares of preferred stock, or the issuance of rights to purchase such shares, could be used to discourage an unsolicited acquisition proposal. For instance, the issuance of a series of preferred stock might impede a business combination by including class voting rights that would enable the holder to block such a transaction, or facilitate a business combination by including voting rights that would provide a required percentage vote of the stockholders. In addition, under certain circumstances, the issuance of preferred stock could adversely affect the voting power of the holders of the common stock. Although the Board of Directors is required to make any determination to issue such stock based on its judgment as to the best interests of stockholders, the Board of Directors could act in a manner that would discourage an acquisition attempt or other transaction that potentially some, or a majority, of the stockholders might believe to be in their best interests or in which stockholders might receive a premium for their stock over the then market price of such stock. The Board of Directors does not at present intend to seek shareholder approval prior to any issuance of currently authorized stock, unless otherwise required by law or stock exchange rules.

PREEMPTIVE RIGHTS

No holder of any shares of Caddis Consulting Group, Inc. stock has preemptive or preferential rights to acquire or subscribe for any shares not issued of any class of stock or any unauthorized securities convertible into or carrying any right, option, or warrant to subscribe for or acquire shares of any class of stock not disclosed herein.



 
15

 

CASH DIVIDENDS

As of the date of this prospectus, Caddis Consulting Group, Inc. has not paid any cash dividends to stockholders. The declaration of any future cash dividend will be at the discretion of the Board of Directors and will depend upon earnings, if any, capital requirements and financial position, general economic conditions, and other pertinent conditions. Caddis Consulting Group, Inc. does not intend to pay any cash dividends in the foreseeable future, but rather to reinvest earnings, if any, in business operations.

REPORTS

After this offering, Caddis Consulting Group, Inc. will furnish its shareholders with annual financial reports certified by independent accountants, and may, at its discretion, furnish unaudited quarterly financial reports.
 
INTEREST OF NAMED EXPERTS AND COUNSEL
 
None of the below described experts or counsel have been hired on a contingent basis and none of them will receive a direct or indirect interest in the Company.

Our audited financial statement for the period from inception to November 30, 2008, included in this prospectus has been audited by Moore & Associates Chartered, 6490 West Desert Inn Road, Las Vegas, Nevada 89146.  We included the financial statements and report in their capacity as authority and experts in accounting and auditing.

The Law Offices of Harold P. Gewerter, Esq., LLC, 5440 W. Sahara Avenue, Third Floor, Las Vegas, Nevada 89146, has passed upon the validity of the shares being offered and certain other legal matters and is representing us in connection with this offering.
 
DESCRIPTION OF OUR BUSINESS
 
General Information
 
Caddis Consulting Group, Inc. incorporated in the State of Nevada on November 19, 2008 under the same name. Since inception, Caddis Consulting Group, Inc. has not generated revenues and has accumulated losses in the amount of $(4,325) as of November 30, 2008. Caddis Consulting Group, Inc. has never been party to any bankruptcy, receivership or similar proceeding, nor has it undergone any material reclassification, merger, consolidation, purchase or sale of a significant amount of assets not in the ordinary course of business.

Caddis Consulting Group, Inc. has yet to commence planned operations to any significant measure. As of the date of this Registration Statement, Caddis Consulting Group, Inc. has had only limited start-up operations and has not generated revenues. The Company will not be profitable until it derives sufficient revenues and cash flows from sales.  Caddis Consulting Group, Inc. believes that, if it obtains the proceeds from this offering, it will be able to implement the business plan and conduct business pursuant to the business plan for the next twelve months.

Caddis Consulting Group, Inc.’s administrative office is located at 3550 Larkwood Court, Bloomfield Hills, Michigan 48302.

Caddis Consulting Group, Inc.’s fiscal year end is August 31.
 


 
16

 


 
Business Overview

Caddis Consulting Group, Inc. (CCG) is a development stage company focused on providing strategic information technology consulting to companies with specific emphasis on Business Process Re-Engineering and Enterprise Application Implementations. The software Product lines most often used in our solutions are SAP and PTC. Caddis Consulting Group, Inc. enables its clients to transform and perform through ERP, PLM and BIP technologies.

Executive Summary

The following is a summary of the main points of this plan.

 
·
The objectives of CCG are to generate a profit and grow the Company at a challenging and manageable rate.
 
·
The mission of CCG is to provide remote IT consulting and Implementation services to small and medium sized businesses.
 
·
The keys to success for CCG are marketing and direct sales, responsiveness and quality, and generating repeat customers.
 
·
The initial primary service offered will be remote hourly and fixed price ERP, PLM & BIP project management & implementation consulting.
 
·
The regional market for this business, while not new, is a growing market segment for ERP & PLM.
 
·
Conduct our business and ourselves ethically and responsibly.

Implementing our plan, in conjunction with a comprehensive and detailed marketing plan, should set the foundation and position Caddis Consulting Group for success while providing fair returns for the stockholders.

Mission

Caddis Consulting Groups mission is simple and straightforward:

 
·
Purpose - CCG exists to provide quality, reliable ERP, PLM & BIP implementation and consulting services to Midwest small/medium size businesses.
 
·
Vision - CCG sells solutions & results! By providing remote premium service, and support, thru an onshore application development center, CCG plans to take advantage of the local colleges and universities recent graduates for developing talent.  CCG’s goal is to generate enough satisfied repeat customers to provide a stable retainer base.
 
·
Mission - The short term objective is to start the Company wisely and inexpensively and nurture the growth with minimum debt. The long term objective is to grow the company into a stable and profitable entity that can sustain operations in any type of economic climate.

Keys to Success

The keys to success for Caddis Consulting Group inc. are:

 
·
Direct Sales Channel’s and existing relationships
 
·
Qualified Resource availability
 
·
Local Eastern Time Zone support, English first language consultants, U.S. citizenships
 
·
Quality (getting the job done right the first time, offering 100% guarantee).
 
·
Relationships (developing loyal repeat customers - retainers)
 
·
Grow the Company to a level where we can have a low cost, on-shore solution center located within the Adirondack Regional Business Development Authority
 

 
 
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Product Development

Services

Caddis Consulting Group will offer Small/Medium (SME) businesses a reliable cost effective way to implement Business Process change, ERP effectiveness & Business Intelligence Processes.

CCG will offer three main services; SAP ERP implementations, PTC PLM, and Business Objects and Business Intelligence Processes.  CCG plans on opening an onshore Software Development Center in a rural area of upstate NY taking advantage of a low cost of living preferably with a mountain resort setting.  CCG will start with targeted specific sales literature, including logo and stationery, a brochure, and a basic web page. Initially, fulfillment of services will be provided exclusively by CCG's owner.  Technology is obviously a critical component of this business: it will be important to stay up to date on both equipment and knowledge to remain competitive in the future.  A detailed description of these points is found in the sections below.

Service Description

Caddis Consulting Group will offer three main services, corresponding to what industry experts have identified as the primary opportunities in computer consulting:

 
·
Fixed Price Projects - As the name implies. Risk is put on CCG to deliver on time and under budget. CCG takes on the majority of the risk
 
·
Time and Material’s Engagements – This is a less traditional sort of short term assignment helping a company solve a software or hardware related problem. Includes both emergency and non-emergency technical assistance. Low risk to CCG and higher risk to the customer.
 
·
Long Term Support - This will include services such as user level support, including password reset, daily maintenance, patch and bug fix support etc.

Industry Analysis and Competition
 
Competitive Comparison

The Company has identified five major classes of competition in the computer consulting industry:

 
·
In-house MIS consultants - Usually employed by larger companies that can afford the fixed cost of a salaried or hourly employee.
 
·
Offshore Consulting - Outside the US and North American; usually located in India, China or Eastern Europe.
 
·
Near Shore Consulting - North American or South American based consulting usually Mexico, Canada and Brazil.
 
·
Onshore –Regionalized Application Development Center usually located in a low cost of living area of the country.
 
·
Onsite – Consultants work at the customer location on a regular basis.

Caddis Consulting Group fits into the “Onshore” model. The primary reason that customers would buy from CCG rather than competitors is competitive hourly cost, Eastern Time zone business, English first language consultants & all U.S. citizen consultants. Emphasis will be placed on cultivating existing relationships and building customer loyalty and satisfaction as a way to insure long term success.
 
 

 
18

 


Market Analysis Summary and Segmentation

Caddis Consulting Group will adopt a fairly target specific and intently focused market strategy.  Logical segmentation breaks the market down into the following: Small Businesses, Medium Businesses and Large Businesses.

 
·
Small Businesses – This segment is defined as businesses with revenues between $50 million and $300 million.  As a secondary targeted market, CCG plans to pursue business from this segment because reports predict the growth trend for this market is estimated to be around 9 to 10 percent annually through the next decade.
 
·
Medium Businesses – This is the largest and most logical target markets for CCG to pursue.  These businesses are defined by as companies with revenue’s between $300 million and $1billion.  While there are a fair number of competitors in the local area seeking the business of this segment, they seem to be widely specialized and widely sized, leaving ample opportunity for CCG to create and expand a niche in the chosen market segments.
 
·
Large Businesses – While opportunities do exist to generate business form this segment, it would probably be limited to retainer and/or specific project contracts.  This segment is defined as business with annual revenues exceeding $1 billion annually.

Target Market Segment Strategy

Our due diligence suggests six market segments as a starting point:
 
 
·
Current and net new SAP customers
 
·
Current and net new PTC Windchill customers
 
·
Manufacturing and/or Pharmaceutical companies
 
·
Midwestern companies looking to adopt a long range Business Intelligence strategy
 
·
Government agencies, corporations, and other organizations in search of consultants with US citizenships
 
·
Businesses in search of custom computer programming services

At this time, Caddis Consulting Group will focus on the top market segments with an intently focused Sales & Marketing approach strategy.

 
Market Needs

Experts in the consulting industry have identified three different opportunities that exist for ERP, PLM and BIP consultants:

1. Temporary Technical Aid
 
 
·
Short term assignments finding solutions for businesses
 
         2. Specific Skill - the largest area is software specialty
 
 
·
System setup & purchasing guidance
 
·
Systems reengineering/optimization
 
·
Network Admin
 
·
Training
 
·
Repair
 
·
Database/Application development
 
·
Data Storage
 
·
Disaster Recovery
 
·
Security/Data Protection
 
·
Telecommunications
 
        3. Bail-Out (Trouble shooting)

 
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Market Trends

Three primary market trends that appear to be most important in this industry:

·
Trend #1 - most important - rapid growth in technology, need for continuous upgrades in both hardware and software.
·
Trend #2 - moderately important - predicted continued growth in consulting/outsourcing - companies being unwilling to pay fixed costs of salaries, choosing instead to treat computer upgrades and repair as variable costs.
·
Trend #3 - least important - rapid growth in ratio of SME businesses implementing Enterprise Systems

These trends are predicted by industry experts to continue well into the next decade.

Market Growth

As noted in the previous section, several factors are predicted to continue well into the next decades, not the least of which is the growth rates for this market.  Consulting industry experts predict that the consulting industry in general will continue to grow at an annual rate of 16.1%

Service Business Analysis

The ERP, PLM & BIP consulting business for the East & Midwest regions is already well established, yet still allows ample opportunity for entry and growth for new participants. This is supported by the following points:
 
 
·
An analysis of CCG's main competitors reveals no overwhelming strengths other than start-up costs.  Likewise, identifying competitor's weaknesses has illuminated several areas that CCG can target as marketing strategies.
 
·
While there already exists a large number of consultants, there is also a wide range of sizes and specialties. This leaves ample opportunity for CCG to find and develop a particular niche.
 
·
Customers in this industry tend to be loyal, relying on the same consultant for future needs once a relationship has been established.

In summary, this business arena, while no longer a new industry, is far from exhausted as an opportunity for a new and aggressive company. By utilizing a logical and comprehensive marketing approach, CCG should find success in the ERP, PLM & BIP consulting business.

Competition and Buying Patterns

As noted above, the ERP, PLM & BIP consulting industry is fragmented, with a wide variety of sizes and specialties. Two general factors of competition immediately show up in the analysis and the larger competitors seem to be grouped into three main categories:

 
·
Big Five Consulting firms including Deloitte, CapGemini, Accenture, Bearing Point
 
·
Offshore Indian firms such as Tata Consultancy, Satyam, Cognizant etc.
 
·
Regional firms; WIT, Covansys, Compuware etc.

Customer buying patterns also highlight the opportunity for Caddis Consulting Group. While larger companies tend to hire larger consulting firms, the SME businesses tend to favor the personal relationship that can develop with the smaller consulting firm. Several SME businesses interviewed for this research admitted being intimidated and overwhelmed by the prospect of calling a larger firm to come “rescue them”. They much preferred calling a person they already knew for help.  This leads to another very important buying pattern. Customers who have established a relationship with a computer consultant tend to stay very loyal as long as the service and results remain acceptable. This will be critical to the success of a new company like CCG.
 


 
20

 


Strategy and Implementation Summary

Caddis Consulting Group will focus on the following to establish and grow the business:

 
·
Four main promotion strategies: networking and referral direct marketing, web based promotion, traditional media advertising, and some non-traditional promotion methods.
 
·
A value proposition of timely and practical solutions, at a reasonable rate, coupled with a 100% guarantee.
 
·
A competitive edge based on cultivating existing customer relationships.
 
·
A comprehensive and detailed marketing and sales strategy, covered in depth in a separate marketing plan.

Strategy Pyramids

Most of the textbooks referenced and research groups referenced in performing the due diligence to assemble this business plan suggested some combination of the following four marketing strategies. These are especially suited for a modern high tech business such as computer consulting.

 
·
Strategy 1 - Networking & Referrals - Using existing contacts and clients to build a larger network of potential clients.
 
·
Strategy 2 - Web promotion - Using a web page to showcase the owner's skills and knowledge, providing an "electronic brochure" as well as useful technical information free of charge.
 
·
Strategy 3 - Advertising - Traditional methods such as Yellow Page ads, newspaper classified and display ads, local television cable access advertisements.
 
·
Strategy 4 - Non-traditional - Creative and unique advertising such as door hangers, bumper stickers, etc.

Value Proposition

The value proposition offered by Caddis Consulting Group is quite simple: timely and practical solutions for client's ERP, PLM & BIP problems and/or upgrades, all at a very reasonable and competitive rate. Most important, CCG offers a 100% satisfaction guarantee, thus building and retaining the client's confidence.

Competitive Edge

Low cost onshore US Citizen Consultants located in the Eastern Time zone.  CCG's competitive edge is that the owner already has a significant number of high quality relationships with current and potential clients. In essence, CCG believes it has already overcome some of the barriers to entry in the consulting field and is simply in the process of formalizing the business.

For the SME business owner who needs technical help with their ERP, PLM & BIP solutions, Caddis Consulting Group provides fast and effective response that gets the business back up and running.

Pricing Strategy

Caddis Consulting Group will adopt a price matching strategy rather than entry pricing. A survey of local consulting businesses revealed the following:
 
 
·
Offshore Hourly Rate Pricing - The average price charged was $32.00 per hour.
 
·
CCG Onshore Hourly Pricing - The average price charged was $45.00 per hour.
 
·
Large firm pricing - The average price charged was $160.00 per hour.

Promotion Strategy

The primary promotion strategy for CCG will be directly in line with the strategy pyramids mentioned previously. The lead strategy will be to focus on cultivating existing relationships, using known networking techniques to develop referrals and new customer leads. We will then fine tune our efforts by adding a blend of web based marketing, traditional public relations and media marketing. The ultimate promotion strategy, however, will be in guaranteeing customer satisfaction: completely satisfied customers will generate repeat and new business.
 

 
21

 


Sales programs must be based on the notion that business is driven on customer demand when problems arise. While some business can be generated by soliciting customers to upgrade their systems and software, by and large the bulk of the business will be emergency technical aid.

Marketing Programs

The most important marketing program for CCG is to get the word out, through a combination of the following:
 
 
·
Sending a letter of announcement and brochure to all existing contacts and customers.
 
·
Following the well-established steps of a public relations campaign (press releases, announcements, etc.).
 
·
Developing and purchasing "grand opening" announcements in the local news media.

12 Month Growth Strategy and Milestones
 
Our mission is to maximize shareholder value through executing our business plan and establishing a solid company foundation.  Attracting quality clients that will cultivate into loyal and long-term clients is paramount to our success.  The Company is committed to staying current with technological advances and developing new and innovative service solutions.  While a strategic and wisely executed marketing campaign is key to expanding our operations; satisfied customers will create a loyal client base which will ensure a solid operation built for long-term success.

Note: The Company planned the milestones based on quarters following the closing of the offering.

Quarter

0-3 Months
 
-
Finalize sales and marketing material
 
-
Continue with campaign to stay in contact with all former customers and extended contact data base
 
-
Initiate conference calls and meetings with potential SAP, Business Objectives and PTC business partners
 
-
Begin evaluating and applying for regional business development loans and grants
 
-
Secure web domain
 
-
Evaluate and hire web designer
 
-
Continue due diligence on potential towns for a business location

4-6 Months
 
-
Finalize Product Portfolio
 
-
Continue with direct marketing efforts including staying in contact with all former customers
 
-
Establish direct marketing campaign to potential customers
 
-
Evaluate and further identify joint venture partners and relationships
 
-
Agree upon project Methodology
 
-
Finalize web site development

7-9 Months
 
-
Initiate development of new hire training program
 
-
Secure first consulting engagement
 
-
Sign first reseller agreement
 
-
Initiate two-year marketing and overall business plan
 
-
Further nurture joint venture opportunities

10-12 Months
 
-
Begin implementation of Training Program
 
-
Analyze marketing efforts to date and address necessary changes
 
-
Analyze web-site leads/revenue generating effectiveness and make necessary changes

 
 
22

 


Patents and Trademarks
 
At the present we do not have any patents or trademarks.
 
Need for any Government Approval of Products or Services
 
We do not require any government approval for our products or services.
 
Government and Industry Regulation
 
We will be subject to federal laws and regulations that relate directly or indirectly to our operations including securities laws. We will also be subject to common business and tax rules and regulations pertaining to the operation of our business.
 
Research and Development Activities
 
Other than time spent researching our proposed business, the Company has not spent any funds on research and development activities to date.  We do not currently plan to spend any funds on research and development activities.
 
 
Our operations are not subject to any Environmental Laws.
 
Employees and Employment Agreements
 
We currently have one employee, our executive officer, James D’Angelo who currently devotes 10 hours a week to our business and is responsible for the primary operation of our business. There are no formal employment agreements between the company and our current employee.

DESCRIPTION OF PROPERTY
 
Caddis Consulting Group, Inc. uses an administrative office located at 3550 Larkwood Court, Bloomfield Hills, Michigan 48302.  Mr. D’Angelo, the sole officer and director of the Company provides the office space free of charge and no lease exists.  We consider our current principal office space arrangement adequate and will reassess our needs based upon the future growth of the company.
 
LEGAL PROCEEDINGS
 
We are not involved in any pending legal proceeding nor are we aware of any pending or threatened litigation against us.
 
MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS
 
No public market currently exists for shares of our common stock.  Following completion of this offering, we intend to apply to have our common stock listed for quotation on the Over-the-Counter Bulletin Board.

PENNY STOCK RULES

The Securities and Exchange Commission has adopted rules that regulate broker-dealer practices in connection with transactions in penny stocks.  Penny stocks are generally equity securities with a price of less than $5.00 (other than securities registered on certain national securities exchanges or quoted on the Nasdaq system, provided that current price and volume information with respect to transactions in such securities is provided by the exchange or system).
 

 
23

 


A purchaser is purchasing penny stock which limits the ability to sell the stock.  The shares offered by this prospectus constitute penny stock under the Securities and Exchange Act.  The shares will remain penny stocks for the foreseeable future.  The classification of penny stock makes it more difficult for a broker-dealer to sell the stock into a secondary market, which makes it more difficult for a purchaser to liquidate his/her investment.  Any broker-dealer engaged by the purchaser for the purpose of selling his or her shares in us will be subject to Rules 15g-1 through 15g-10 of the Securities and Exchange Act.  Rather than creating a need to comply with those rules, some broker-dealers will refuse to attempt to sell penny stock.

The penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from those rules, to deliver a standardized risk disclosure document, which:

-           Contains a description of the nature and level of risk in the market for penny stock in both Public offerings and secondary trading;

-           Contains a description of the broker’s or dealer’s duties to the customer and of the rights and remedies available to the customer with respect to a violation of such duties or other requirements of the Securities Act of 1934, as amended;

-           Contains a brief, clear, narrative description of a dealer market, including “bid” and “ask” price for the penny stock and the significance of the spread between the bid and ask price;

-           Contains a toll-free number for inquiries on disciplinary actions;

-           Defines significant terms in the disclosure document or in the conduct of trading penny stocks; and

-           Contains such other information and is in such form (including language, type, size and format) as the Securities and Exchange Commission shall require by rule or regulation.

The broker-dealer also must provide, prior to effecting any transaction in a penny stock, to the customer:

-           The bid and offer quotations for the penny stock;

-           The compensation of the broker-dealer and its salesperson in the transaction;

-           The number of shares to which such bid and ask prices apply, or other comparable information relating to the depth and liquidity of the market for such stock; and

-           Monthly account statements showing the market value of each penny stock held in the customer’s account.

In addition, the penny stock rules require that prior to a transaction in a penny stock not otherwise exempt from those rules; the broker-dealer must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser’s written acknowledgement of the receipt of a risk disclosure statement, a written agreement to transactions involving penny stocks, and a signed and dated copy of a written suitability statement.  These disclosure requirements will have the effect of reducing the trading activity in the secondary market for our stock because it will be subject to these penny stock rules.  Therefore, stockholders may have difficulty selling their securities.

REGULATION M

Our officer and director, who will offer and sell the Shares, is aware that he is required to comply with the provisions of Regulation M promulgated under the Securities Exchange Act of 1934, as amended.  With certain exceptions, Regulation M precludes the officers and directors, sales agents, any broker-dealer or other person who participate in the distribution of shares in this offering from bidding for or purchasing, or attempting to induce any person to bid for or purchase any security which is the subject of the distribution until the entire distribution is complete.
 
 

 
24

 


REPORTS

We are subject to certain reporting requirements and will furnish annual financial reports to our stockholders, certified by our independent accountants, and will furnish un-audited quarterly financial reports in our quarterly reports filed electronically with the SEC.  All reports and information filed by us can be found at the SEC website, www.sec.gov.

STOCK TRANSFER AGENT

We currently do not have a stock transfer agent.  Caddis Consulting Group, Inc. has identified an agent to retain that will facilitate the processing of the certificates upon closing of the offering. Such transfer agent is identified as Pacific Stock Transfer Company, 500 East Warm Springs Road, Suite 240, Las Vegas, Nevada 89119, having a telephone number of (702) 361-3033.





 
 

 




 
25

 


FINANCIAL STATEMENTS
 

MOORE & ASSOCIATES, CHARTERED
           ACCOUNTANTS AND ADVISORS
                       PCAOB REGISTERED


REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Board of Directors
Caddis Consulting Group, Inc.
(A Development Stage Company)

We have audited the accompanying balance sheet of Caddis Consulting Group, Inc. (A Development Stage Company) as of November 30, 2008, and the related statements of operations, stockholders’ equity and cash flows from inception on November 19, 2008 through November 30, 2008.  These financial statements are the responsibility of the Company’s management.  Our responsibility is to express an opinion on these financial statements based on our audits.

We conduct our audits in accordance with standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement.  An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.  An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Caddis Consulting Group, Inc. (A Development Stage Company) as of November 30, 2008, and the related statements of operations, stockholders’ equity and cash flows from inception on November 19, 2008 through November 30, 2008, in conformity with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern.  As discussed in Note 1 to the financial statements, the Company has an accumulated deficit of approximately $4,300, which raises substantial doubt about its ability to continue as a going concern.  Management’s plans concerning these matters are also described in Note 1.  The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ Moore & Associates, Chartered

Moore & Associates, Chartered
Las Vegas, Nevada
December 24, 2008
 

6490 West Desert Inn Rd, Las Vegas, NV 89146 (702) 253-7499 Fax (702) 253-7501

 
26

 


CADDIS CONSULTING GROUP, INC
(A Development Stage Company)
Balance sheet

   
As of
 
   
November 30,
 
   
2008
 
ASSETS
     
       
Current assets:
     
  Cash and cash equivalents
  $ 6,000  
     Total current assets
    6,000  
         
    $ 6,000  
         
         
LIABILITIES AND STOCKHOLDERS' EQUITY
       
         
Current liabilities:
       
Accounts payable
  $ 325  
     Total current liabilities
    325  
         
Commitments and contingencies
    -  
         
Stockholders' equity
       
  Preferred stock; $.001 par value, 5,000,000 shares
       
authorized, zero shares issued and outstanding
    -  
  Common stock; $.001 par value, 70,000,000 shares authorized;
       
10,000,000  shares issued and outstanding
    10,000  
  Additional paid-in-capital
    -  
  Deficit accumulated during development stage
    (4,325 )
Total stockholders' equity
    5,675  
         
Total liabilities and stockholders' equity
  $ 6,000  



The accompanying notes are an integral part of the financial statements.
 


 
27

 


CADDIS CONSULTING GROUP, INC
(A Development Stage Company)

Statement of operations
For the period from inception (November 19, 2008) to November 30, 2008

   
November 19, 2008
 
   
(Inception)
 
   
through
 
   
November 30, 2008
 
       
       
Revenues
  $ -  
         
Operating expenses
       
General and administrative
    4,325  
      4,325  
         
(Loss) from operations
    (4,325 )
         
Other income (expense)
       
Interest income
    -  
Interest expense
    -  
Loss before income taxes
    (4,325 )
         
Income tax expense
    -  
Net (loss)
  $ (4,325 )
         
         
Basic and diluted loss per common share
  $ (0.000 )
         
Basic and diluted weighted average common shares outstanding
    10,000,000  



The accompanying notes are an integral part of the financial statements.
 


 
28

 


CADDIS CONSULTING GROUP, INC
(A Development Stage Company)

Statement of changes in stockholders' equity
For the period from inception (November 19, 2008) to November 30, 2008

                                 
Accumulated
       
                           
Additional
   
Deficit during
   
Total
 
   
Preferred stock
   
Common Stock
   
paid-in
   
Development
   
Shareholders'
 
   
Shares
   
Amount
   
Shares
   
Amount
   
capital
   
Stage
   
(deficit)
 
                                           
Balance November 19, 2008 (date of inception)
    -     $ -       -     $ -     $ -     $ -     $ -  
                                                         
Common shares issued for cash on
    -       -       6,000,000       6,000       -       -       6,000  
    November 25, 2008   at $0.001 per share
                                                       
Common shares issued for service on
    -       -       4,000,000       4,000       -       -       4,000  
     November 25, 2008 at $0.001 per share
                                                       
Net (loss)
    -       -                               (4,325 )     (4,325 )
                                                         
Balance November 30, 2008
    -     $ -       10,000,000     $ 10,000     $ -     $ (4,325 )   $ 5,675  

 

 
The accompanying notes are an integral part of the financial statements.
 



 
29

 


CADDIS CONSULTING GROUP, INC
(A Development Stage Company)

Statement of cash flows
For the period from inception (November 19, 2008) to November 30, 2008

   
November 19, 2008
 
   
(Inception)
 
   
through
 
   
November 30, 2008
 
       
Operating activities:
     
  Net loss
  $ (4,325 )
  Adjustments to reconcile net loss to
       
net cash used in operating activities:
       
Stock issued for services
    4,000  
Increase in accounts payable
    325  
Net cash (used in) operating activities
    -  
         
         
Financing activities:
       
Proceeds from issuance of common stock
    6,000  
Net cash provided by financing activities
    6,000  
         
Net change in cash
    6,000  
Cash, beginning of period
    -  
Cash, ending of period
  $ 6,000  
         
         
         
Supplemental cash flow disclosures
       
Cash paid for:
       
Interest expense
  $ -  
Income taxes
  $ -  
Non-cash activities:
       
Issuance of common stock for services
  $ 4,000  


 
The accompanying notes are an integral part of the financial statements.
 


 
30

 

CADDIS CONSULTING GROUP, INC.
(A Development Stage Company)
NOTES TO THE FINANCIAL STATEMENTS


Note 1.  Nature of Business and Summary of Significant Accounting Policies
 
The summary of significant accounting policies is presented to assist in the understanding of the financial statements.  The financial statements and notes are representations of management.  These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements.
 
Nature of business and organization
Caddis Consulting Group, Inc. (the “Company”) was incorporated in the State of Nevada on November 19, 2008.  The Company’s principal business objective is to provide strategic information technology consulting to companies with specific emphasis on Business Process Re-Engineering and Enterprise Application Implementations. The Company plans to provide remote IT consulting and implementation services to small and medium sized businesses. The Company’s operations have been limited to general administrative operations and are considered a development stage company in accordance with Statement of Financial Accounting Standards No. 7.

Management of Company
The Company filed its articles of incorporation with the Nevada Secretary of State on November 19, 2008, indicating James G. D’Angelo as the incorporator.  The company filed its initial list of officers and directors with the Nevada Secretary of State on November 19, 2008, indicating its President as James G. D’Angelo.

Going Concern
The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.  The Company incurred net losses of approximately $4,300 from the period of November 19, 2008 (Date of Inception) through November 30, 2008 and has not commenced its operations, rather, still in the development stages, raising substantial doubt about the Company’s ability to continue as a going concern.  The Company will seek additional sources of capital through the issuance of debt or equity financing, but there can be no assurance the Company will be successful in accomplishing its objectives.
 
The ability of the Company to continue as a going concern is dependent on additional sources of capital and the success of the Company’s plan.  The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
 
Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make certain estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.  The Company is subject to uncertainty of future events, economic, environmental and political factors and changes in the Company's business environment; therefore, actual results could differ from these estimates.  Accordingly, accounting estimates used in the preparation of the Company's financial statements will change as new events occur, more experience is acquired, as additional information is obtained and as the Company's operating environment changes.  Changes are made in estimates as circumstances warrant.  Such changes in estimates and refinement of estimation methodologies are reflected in the statements.
 



 
31

 



Note 1.  Nature of Business and Summary of Significant Accounting Policies – continued

Summary of accounting policies

Cash and cash equivalents
Cash and cash equivalents include interest bearing and non-interest bearing bank deposits, money market accounts, and short-term instruments with a liquidation provision of three month or less.
 
Revenue recognition
The Company has no revenues to date from its operations.  Once revenues are generated, management will establish a revenue recognition policy.
 
Advertising costs
Advertising costs are generally expensed as incurred and are included in selling and marketing expenses in the accompanying statement of operations.

As of November 30, 2008, there was no advertising costs incurred.

Fair value of financial instruments
The Financial Accounting Standards Board’s Statement 107, “Disclosures about Fair Value of Financial Instruments”, requires the determination of fair value of the Company’s financial assets and liabilities.  The estimated fair values of financial instruments were determined by management using available market information and appropriate valuation methodologies.  The carrying amounts of financial instruments including cash and advance from shareholder approximate their fair value because of their short maturities.
 
Income taxes
The Company accounts for its income taxes in accordance with Statement of Financial Accounting Standards No. 109, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards.  Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date.
 
Net loss per common share
The Company computes net loss per share in accordance with SFAS No. 128, Earnings per Share (SFAS 128) and SEC Staff Accounting Bulletin No. 98 (SAB 98).  Under the provisions of SFAS 128 and SAB 98, basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period.  The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common shares are excluded if their effect is anti-dilutive.
 
Comprehensive income
The Company accounts for comprehensive income (loss) in accordance with SFAS No. 130 "Reporting Comprehensive income" which requires comprehensive income (loss) and its components to be reported when a company has items of comprehensive income (loss).  Comprehensive income (loss) includes net income (loss) plus other comprehensive income (loss). There are no differences or reconciling items between net income and comprehensive income for the period ended November 30, 2008.
 

 
32

 

 
Note 1.  Nature of Business and Summary of Significant Accounting Policies – continued

Summary of accounting policies –continued

Concentration of credit risk
A significant amount of the Company’s assets and resources are dependent on the financial support of the shareholders, should the shareholders determine to no longer finance the operations of the company, it may be unlikely for the company to continue.
 
The Company maintains its cash in institutions insured by the Federal Deposit Insurance Corporation (FDIC).  This government corporation insured balances up to $100,000 through October 13, 2008.  As of October 14, 2008 all non-interest bearing transaction deposit accounts at an FDIC-insured institution, including all personal and business checking deposit accounts that do not earn interest, are fully insured for the entire amount in the deposit account.  This unlimited insurance coverage is temporary and will remain in effect for participating institutions until December 31, 2009.

All other deposit accounts at FDIC-insured institutions are insured up to at least $250,000 per depositor until December 31, 2009.  On January 1, 2010, FDIC deposit insurance for all deposit accounts, except for certain retirement accounts, will return to at least $100,000 per depositor.  Insurance coverage for certain retirement accounts, which include all IRA deposit accounts, will remain at $250,000 per depositor.

New accounting pronouncements
In June 2008, the FASB issued FASB Staff Position EITF 03-6-1, Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities, (“FSP EITF 03-6-1”). FSP EITF 03-6-1 addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting, and therefore need to be included in the computation of earnings per share under the two-class method as described in FASB Statement of Financial Accounting Standards No. 128, “Earnings per Share.” FSP EITF 03-6-1 is effective for financial statements issued for fiscal years beginning on or after December 15, 2008 and earlier adoption is prohibited. We are not required to adopt FSP EITF 03-6-1; neither do we believe that FSP EITF 03-6-1 would have material effect on our financial position and results of operations if adopted.

In May 2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No. 163, “Accounting for Financial Guarantee Insurance Contracts-and interpretation of FASB Statement No. 60”.  SFAS No. 163 clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement of premium revenue and claims liabilities. This statement also requires expanded disclosures about financial guarantee insurance contracts. SFAS No. 163 is effective for fiscal years beginning on or after December 15, 2008, and interim periods within those years. SFAS No. 163 has no effect on the Company’s financial position, statements of operations, or cash flows at this time.

In May 2008, the Financial Accounting Standards Board (“FASB”) issued SFAS No. 162, “The Hierarchy of Generally Accepted Accounting Principles”.  SFAS No. 162 sets forth the level of authority to a given accounting pronouncement or document by category. Where there might be conflicting guidance between two categories, the more authoritative category will prevail. SFAS No. 162 will become effective 60 days after the SEC approves the PCAOB’s amendments to AU Section 411 of the AICPA Professional Standards. SFAS No. 162 has no effect on the Company’s financial position, statements of operations, or cash flows at this time.



 
33

 

 
Note 1.  Nature of Business and Summary of Significant Accounting Policies – continued

Summary of accounting policies –continued

New accounting pronouncements -continued
In March 2008, the Financial Accounting Standards Board, or FASB, issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities—an amendment of FASB Statement No. 133.  This standard requires companies to provide enhanced disclosures about (a) how and why an entity uses derivative instruments, (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations, and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows. This Statement is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008, with early application encouraged. The Company has not yet adopted the provisions of SFAS No. 161, but does not expect it to have a material impact on its  financial position, results of operations or cash flows.

 In December 2007, the SEC issued Staff Accounting Bulletin (SAB) No. 110 regarding the use of a "simplified" method, as discussed in SAB No. 107 (SAB 107), in developing an estimate of expected term of "plain vanilla" share options in accordance with SFAS No. 123 (R), Share-Based Payment.  In particular, the staff indicated in SAB 107 that it will accept a company's election to use the simplified method, regardless of whether the company has sufficient information to make more refined estimates of expected term. At the time SAB 107 was issued, the staff believed that more detailed external information about employee exercise behavior (e.g., employee exercise patterns by industry and/or other categories of companies) would, over time, become readily available to companies. Therefore, the staff stated in SAB 107 that it would not expect a company to use the simplified method for share option grants after December 31, 2007. The staff understands that such detailed information about employee exercise behavior may not be widely available by December 31, 2007. Accordingly, the staff will continue to accept, under certain circumstances, the use of the simplified method beyond December 31, 2007. The Company currently uses the simplified method for “plain vanilla” share options and warrants, and will assess the impact of SAB 110 for fiscal year 2009. It is not believed that this will have an impact on the Company’s  financial position, results of operations or cash flows.

In December 2007, the FASB issued SFAS No. 160, Noncontrolling Interests in Consolidated Financial Statements—an amendment of ARB No. 51.  This statement amends ARB 51 to establish accounting and reporting standards for the noncontrolling interest in a subsidiary and for the deconsolidation of a subsidiary. It clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as equity in the consolidated financial statements. Before this statement was issued, limited guidance existed for reporting noncontrolling interests. As a result, considerable diversity in practice existed. So-called minority interests were reported in the consolidated statement of financial position as liabilities or in the mezzanine section between liabilities and equity. This statement improves comparability by eliminating that diversity. This statement is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2008 (that is, January 1, 2009, for entities with calendar year-ends). Earlier adoption is prohibited. The effective date of this statement is the same as that of the related Statement 141 (revised 2007). The Company will adopt this Statement beginning March 1, 2009. It is not believed that this will have an impact on the Company’s financial position, results of operations or cash flows.

 

 


 
34

 


Note 1.  Nature of Business and Summary of Significant Accounting Policies – continued

Summary of accounting policies –continued

New accounting pronouncements -continued
In December 2007, the FASB, issued FAS No. 141 (revised 2007), Business Combinations’.  This Statement replaces FASB Statement No. 141, Business Combinations, but retains the fundamental requirements in Statement 141.  This Statement establishes principles and requirements for how the acquirer: (a) recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree; (b) recognizes and measures the goodwill acquired in the business combination or a gain from a bargain purchase; and (c) determines what information to disclose to enable users of the financial statements to evaluate the nature and financial effects of the business combination. This statement applies prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008. An entity may not apply it before that date. The effective date of this statement is the same as that of the related FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements.  The Company will adopt this statement beginning March 1, 2009. It is not believed that this will have an impact on the Company’s financial position, results of operations or cash flows.

In February 2007, the FASB, issued SFAS No. 159, The Fair Value Option for Financial Assets and Liabilities—Including an Amendment of FASB Statement No. 115.  This standard permits an entity to choose to measure many financial instruments and certain other items at fair value. This option is available to all entities. Most of the provisions in FAS 159 are elective; however, an amendment to FAS 115 Accounting for Certain Investments in Debt and Equity Securities applies to all entities with available for sale or trading securities. Some requirements apply differently to entities that do not report net income. SFAS No. 159 is effective as of the beginning of an entity’s first fiscal year that begins after November 15, 2007. Early adoption is permitted as of the beginning of the previous fiscal year provided that the entity makes that choice in the first 120 days of that fiscal year and also elects to apply the provisions of SFAS No. 157 Fair Value Measurements.  The Company will adopt SFAS No. 159 beginning March 1, 2008 and is currently evaluating the potential impact the adoption of this pronouncement will have on its financial statements.

In September 2006, the FASB issued SFAS No. 157, Fair Value Measurements  This statement defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. This statement applies under other accounting pronouncements that require or permit fair value measurements, the Board having previously concluded in those accounting pronouncements that fair value is the relevant measurement attribute. Accordingly, this statement does not require any new fair value measurements. However, for some entities, the application of this statement will change current practice. This statement is effective for financial statements issued for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years. Earlier application is encouraged, provided that the reporting entity has not yet issued financial statements for that fiscal year, including financial statements for an interim period within that fiscal year. The Company will adopt this statement March 1, 2008, and it is not believed that this will have an impact on the Company’s  financial position, results of operations or cash flows.






 
35

 

 
Note 2. Stockholders’ deficit

The Company's articles of incorporation provide for the authorization of seventy million (70,000,000) shares of common stock and five million (5,000,000) shares of preferred stock with par values of $0.001. Common stock holders have all the rights and obligations that normally pertain to stockholders of Nevada corporations.  As of November 30, 2008 the Company had 10,000,000 shares of common stock issued and outstanding.  The Company has not issued any shares of preferred stock.

On November 25, 2008 the Company issued 4,000,000 shares of common stock at $0.001 par value to the Company’s president and shareholder for services provided valued at $4,000.

On November 25, 2008 the Company issued 6,000,000 shares of common stock at $0.001 par value to the Company’s president and shareholder for capital investment totaling $6,000.

Note 3.  Related party transactions
 
The Company issued 4,000,000 shares of common stock to its president/ shareholder for service provided valued at $4,000.
 
The Company issued 6,000,000 shares of common stock to its president/ shareholder for equity investment valued at $6,000.
 
Note 4. Income tax

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial statement purposes and the amounts used for income tax purposes.  Significant components of the Company’s deferred tax liabilities and assets as of November 30, 2008 are as follows:

Deferred tax assets:
     
  Net operating loss
  $ 4,325  
Income tax rate
    34 %
      1,470  
Less valuation allowance
    (1,470 )
    $ -  

Through November 30, 2008, a valuation allowance has been recorded to offset the deferred tax assets, including those related to the net operating losses.  During the period ended November 30, 2008, the Company determined that it was more likely than not that it would not realize its deferred tax assets and a valuation allowance was recorded.  At November 30, 2008, the Company had approximately $4,300 of federal and state net operating losses.  The net operating loss carryforwards, if not utilized will begin to expire in 2027.

Reconciliations of the U.S. federal statutory rate to the actual tax rate follows for the period ended November 30, 2008 is as follows:

U.S. federal statutory income tax rate
    34.0 %
State tax - net of federal benefit
    0.0 %
      34.0 %
Increase in valuation allowance
    (34.0 %)
Effective tax rate
    0.0 %

Note 5. Property and equipment

As of November 30, 2008 the Company does not own any property and/or equipment. The Company currently is using one of the shareholders primary residences as office space. The company does not pay rent for the use of the space.
 


 
36

 


 
MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
 
The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As shown in the accompanying financial statements, the Company has a negative current ratio and Company has incurred an accumulated deficit of $4,325 for the period from inception to November 30, 2008.  These conditions raise substantial doubt about the Company's ability to continue as a going concern.
 
The following table provides selected financial data about our company for the period from the date of inception through November 30, 2008.  For detailed financial information, see the financial statements included in this prospectus.

Balance Sheet Data:

Cash
  $ 6,000  
Total assets
  $ 6,000  
Total liabilities
  $ 325  
Shareholders’ equity
  $ 5,675  

Other than the shares offered by this prospectus, no other source of capital has been identified or sought.  If we experience a shortfall in operating capital prior to funding from the proceeds of this offering, our director has verbally agreed to advance the company funds to complete the registration process.
 
Caddis Consulting Group, Inc. has agreed to pay all costs and expenses in connection with this offering of common stock. Set forth below is the estimated expenses of issuance and distribution, assuming the maximum proceeds are raised.

Legal and Professional Fees
  $ 1,500  
Accounting Fees
  $ 3,500  
Blue Sky Qualifications
  $ 1,000  
         
Total:
  $ 6,000  

 
Plan of Operation
 
Going Concern
 
The accompanying financial statements have been prepared assuming the Company will continue as a going concern. As shown in the accompanying financial statements, the Company has a negative current ratio and Company has incurred an accumulated deficit of $4,325 for the period from Inception to November 30, 2008. These conditions raise substantial doubt about the Company's ability to continue as a going concern.
 
The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its planned business.  Management has plans to seek additional capital through a private placement and public offering of its common stock. These conditions raise substantial doubt about the Company's ability to continue as a going concern. These financial statements do not include any adjustments that might arise from this uncertainty.
 
The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.

Proposed Milestones to Implement Business Operations

The following milestones are the estimates made by management.  The working capital requirements and the projected milestones are approximations only and subject to adjustment.  Our 12 month budget is based on minimum operations which will be completely funded by the $40,000 raised through this offering.  If we begin to generate profits we will increase our marketing and sales activity accordingly.  We estimate sales to begin by the third quarter following closing of the offering.  The costs associated with operating as a public company are included in our budget.  Management will be responsible for the preparation of the required documents to keep the costs to a minimum.  We plan to complete our milestones as follows:
 

 
37

 


0- 3 MONTHS
 
Management will continue the campaign to stay in contact with former customers and potential referral candidates.  Marketing efforts will also consist of contact with all former customers on the extended contact database.  During this timeframe, we plan to initiate conference calls and meetings with potential SAP, Business Objectives and PTC business partners.  We plan to purchase computers, software and an all-in-one printer for $5,000 that is budgeted in the Office and Equipment line item in the Use of Proceeds section.  We have budgeted $500 in the Sales and Marketing to secure a web domain and research and place an initial deposit with a web designer.  Caddis Consulting has budgeted $1,000 for Sales and Marketing material including a logo, brochures and flyers that we expect to finalized during this timeframe.  Our goal for this timeframe continues with initiating due diligence on potential geographical locations for the business to eventually locate.  We plan to choose an area that has a skilled and talented labor pool and an affordable cost of living.  We will also begin to research, evaluate & apply for regional business development loans & grants.
 
4-6 MONTHS

Caddis Consulting Inc. plans to continue with the direct marketing campaigns with former and potential new customers.  In addition, we plan to establish a direct marketing campaign to attract business from customer‘s we know are strong PTC, SAP and Business Objects users.  Most of the expenditures associated with these efforts will amount to travel and related incidentals. We have budgeted $2,000 in the Sales and Marketing line item to address these costs.  Caddis Consulting Inc. plans to finalize the web site development at an additional cost of $1,000 budgeted in the Sales and Marketing line item.    Towards the end of this quarter, we plan to start generating revenue from our services.  We have budgeted $3,000 in the Salaries/Contractors line item to pay our employees/contractors.  The company anticipates a delay in payment for services of anywhere from 60 to 90 days and we have planned for this potential situation in advance.  Revenue can only be recognized after the services are delivered.

7-9 MONTHS
 
Caddis Consulting Inc. plans to further nurture relationships with small, medium and large businesses that have made PTC, SAP or Business Objects a corporate standard within their organizations.  By this stage of operations, we anticipate finding additional potential revenue generating business niches that we intend to pursue.  We have budgeted $5,000 for targeted and tailored marketing material and related activities.  During this period, the Company has budgeted $2,000 for the salaries of employees and or contractors.  We anticipate generating revenue during this timeframe, but we have allocated these funds as a contingency plan for negotiated term payments with clients.  Additional planned responsibilities include initiating a two-year overall business plan.  Caddis Consulting Group plans on signing its first software reseller agreement during this timeframe which should start bringing in additional revenue’s starting in the first quarter of year two of operations.
 
10-12 MONTHS

By the fourth quarter of operations, we expect to have a base of clients to sustain operations.  In the Salaries/Contractors budget, we have budgeted $2,000 to pay for any administrative employee expenses incurred as a result of performing duties for our clients.  We have a budget of $3,200 in the Sales and Marketing line item for expenses incurred tailoring any marketing material to target opportunities and to cover any related expenses.  During this timeframe, we plan to analyze our past nine months of operations including our web sites lead/revenue generating effectiveness.  In addition, we plan to evaluate our need to hire and train employees and/or use contract labor.  This review of our operations to date will allow Caddis Consulting to make the necessary adjustments and changes to further cultivate the growth of the Company.  In addition, this review will provide valuable information for finalizing a two-year overall business plan with emphasis on sales and marketing
 
Note: The Company planned milestones are based on quarters following the closing of the offering.  Any line item amounts not expended completely, as detailed in the Use of Proceeds, shall be held in reserve as working capital and subject to reallocation to other line item expenditures as required for ongoing operations.
 

 
38

 

 
Limited Operating History

We are a development stage company incorporated in November 2008, and as such we had no operating revenues to date. Further, we have no significant assets, and no current earnings. The success of our company is dependent upon the extent to which it will gain market share. All financial information and financial projections and other assumptions made by us are speculative and, while based on management's best estimates of projected sales of services and operational costs, there can be no assurance that we will operate profitably or remain solvent.

We incurred operating expenses in the amount of $4,325 for the period from November 19, 2008 (Date of Inception) to November 30, 2008. These operating expenses are primarily attributable to general and administrative expenses associated with the initial development of our business and officer’s compensation.  Office and Miscellaneous expenses accounted for $325 and officers’ compensation accounted for $4,000 for the period from November 19, 2008 (Date of Inception) to November 30, 2008.
 
We anticipate our operating expenses will increase as we implement our business plan. The increase will be attributable to expenses to implement our business plan.  We anticipate our ongoing operating expenses will increase once we become a reporting company under the Securities Exchange Act of 1934.  As a publicly reporting company, we will be required to pay for accounting, auditing, and legal fees that will increase our operating expenses and cut significantly into our bottom line.  While we are not sure of the exact amount of these additional operating costs, we have budgeted $6,000 for these professional fees in the next 12 months.
 
Due to our expenses listed above and our lack of revenue, we incurred a net loss in the amount of $4,325 for the period from November 19, 2008 (Date of Inception) to November 30, 2008.

Liquidity and Capital Resources

Caddis Consulting Group, Inc. has limited capital resources. To date, the Company has funded its operations from limited funding and has not generated sufficient cash from operations to be profitable.  Cash flows provided by financing activities during the period from November 19, 2008 (Date of Inception) to November 30, 2008 consisted of $6,000 as proceeds from the issuance of common stock to our President for his equity investment.  Our 12 month budget is based on operations funded by the $40,000 raised through this offering.  We believe the gross proceeds from the offering will be sufficient to fund anticipated operations for not less than 12 months from the date the offering is completed.

During this offering, we agreed to bear the expenses of the registration of the shares, including legal and accounting fees, and such expenses that are estimated to be approximately $6,000.  If we experience a shortfall in capital prior to funding from the proceeds of this offering, our president and sole director has verbally agreed to advance the company funds to complete the registration process.

Unless Caddis Consulting Group, Inc. begins to generate sufficient revenues to finance operations as a going concern, Caddis Consulting Group, Inc. may experience liquidity and solvency problems.  Such liquidity and solvency problems may force Caddis Consulting Group, Inc. to cease operations if additional financing is not available. No known alternative resources of funds are available to Caddis Consulting Group, Inc. in the event it does not have adequate proceeds from this offering. However, Caddis Consulting Group, Inc. believes that the net proceeds of the Offering will be sufficient to satisfy the start-up and operating requirements for the next 12 months.

We may also have to raise additional capital in the form of private equity securities to meet our financial requirements over the following years.  We believe that it will be easier to raise the requisite financing once we become a reporting company and our stock is traded on a readily accessible exchange or national quotation system. We believe this because investors generally feel more comfortable with investments in which there are periodic and complete reports filed with the SEC. In addition, investors put more value on investments in securities of a company for which they have a readily accessible market to sell their securities. We plan to be quoted on the over-the-counter bulletin board upon effectiveness of this registration statement in order to provide this benefit to investors, but we can provide no assurance that our stock will be quoted on the over-the-counter bulletin. In addition, a market for our common stock may never develop.
 
 

 
39

 

CRITICAL ACCOUNTING POLICIES

 
A.
BASIS OF ACCOUNTING

The financial statements are prepared using the accrual method of accounting.  The statements were prepared following generally accepted accounting principles of the United States of America consistently applied.  The Company has elected an August 31, year end.

 
B.
BASIC EARNINGS PER SHARE

The Company has adopted Financial Accounting Standards Board (“FASB”) Statement Number 128, “Earnings per Share” (“EPS”) which requires presentation of basic and diluted EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation.  In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net income/loss by the weighted average number of shares of common stock outstanding during the period.  There are no dilutive shares outstanding.

No significant realized exchange gains or losses were recorded from inception (November 19, 2008) to November 30, 2008.

 
C.
CASH EQUIVALENTS

Cash and cash equivalents include cash in banks, money market funds and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.  The Company had $6,000 in cash and cash equivalent at November 30, 2008.

 
D.
USE OF ESTIMATES AND ASSUMPTIONS

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

 
E.
INCOME TAXES

Deferred  income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with SFAS Number 109, “Accounting for Income Taxes,” which requires the use of the asset/liability method of accounting for income taxes.  Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax loss and credit carry-forwards.  Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  The Company provides for deferred taxes for the estimated future tax effects attributable to temporary differences and carry-forwards when realization is more likely than not.

NEW ACCOUNTING PRONOUNCEMENTS

The Company does not expect the adoption of recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial position or cash flow.
 


 
40

 


 
CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FISCAL DISCLOSURE
 
None.
 
FINANCIAL DISCLOSURE
 
Our fiscal year end is August 31.  We intend to provide financial statements audited by an Independent Registered Accounting Firm to our shareholders in our annual reports.  The audited financial statements for the period from the date of incorporation, November 19, 2008, to November 30, 2008 are located in the section titled “Financial Statements”.
 
DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS
 
Directors of the corporation are elected by the stockholders to a term of one year and serve until a successor is elected and qualified.  Officers of the corporation are appointed by the Board of Directors to a term of one year and serves until a successor is duly appointed and qualified, or until he or she is removed from office.  The Board of Directors has no nominating, auditing or compensation committees.
 
The name, address, age and position of our officer and director is set forth below:
 
Name
Age
First Year as Director
Position
James D’Angelo
44
November  2008
President, Chief Executive Officer, Secretary, Chief Financial Officer, Principal Accounting Officer, Sole Director

 
The term of office of each director of the Company ends at the next annual meeting of the Company's stockholders or when such director's successor is elected and qualifies.  No date for the next annual meeting of stockholders is specified in the Company's bylaws or has been fixed by the Board of Directors.  The term of office of each officer of the Company ends at the next annual meeting of the Company's Board of Directors, expected to take place immediately after the next annual meeting of stockholders, or when such officer's successor is elected and qualifies.
 
Directors are entitled to reimbursement for expenses in attending meetings but receive no other compensation for services as directors. Directors who are employees may receive compensation for services other than as director. No compensation has been paid to directors for services.
 
BACKGROUND INFORMATION ABOUT OUR OFFICER AND DIRECTOR
 
The following information sets forth the backgrounds and business experience of the directors and executive officers.
 

 

 
41

 

 
JAMES D’ANGELO, PRESIDENT AND CHIEF EXECUTIVE OFFICER
 
Mr. D’Angelo has a comprehensive background in Technology Sales and Marketing Management on a National and International basis.  Most recent work experience includes employed by SAP America Inc. as a Senior Account Executive managing 8 of the SAP Top 100 Accounts.  These accounts were Caterpillar, John Deere, Cummins, Eli Lilly, Abbott Laboratories, Goodyear, Ford and Chrysler comprising over $7,000,000 in revenue.  Prior work experience, 2006 to 2008, he was Business Manager Global Services for PTC Inc. with $13,000,000 of revenue under management.  Major responsibilities included process re-engineering, product life cycle management and optimization.  From 2003 to 2006, Mr. D’Angelo was employed by gedas Inc.*a Volkswagen Ag. Company Global Client Partner.  Responsibilities included, Business Process Consulting, Product Lifecycle Management, and Engineering and Quality management.  From 2000 to 2003 he was a Global Account Executive with SAIC eBusiness where he managed the online production part marketplace.  Mr. D’Angelo was the Executive Director Sales & Marketing for Great Lakes Health Plan a Detroit HMO, 1994 to 2000.  He was responsible for $68,000,000 in annual Revenue including sales, marketing & advertising.  Prior work experience includes Automotive Global Account Manager for Powerway Inc.*a Daimler Chrysler company, 1987 to 1994.
 
Mr. D’Angelo has held positions on the Board of Directors of the Michigan Arthritis Foundation and Michigan State Council of Trout Unlimited.  Mr. D’ Angelo is a Member in good standing with the Detroit Economic Club.
 
Mr. D’Angelo received a Bachelor of Science degree from Valparaiso University in 1987.
 
BENEFICIAL OWNERSHIP REPORTING COMPLIANCE
 
Section 16(a) of the Securities Exchange Act of 1934 requires our directors and executive officers, and persons who own more than ten percent of our common stock, to file with the Securities and Exchange Commission initial reports of ownership and reports of changes of ownership of our common stock.  Officers, directors and greater than ten percent stockholders are required by SEC regulation to furnish us with copies of all Section 16(a) forms they file.

We intend to ensure to the best of our ability that all Section 16(a) filing requirements applicable to our officers, directors and greater than ten percent beneficial owners are complied with in a timely fashion.
 
EXECUTIVE COMPENSATION
 
Summary Compensation Table

The table below summarizes all compensation awarded to, earned by, or paid to our sole executive officer for all services rendered in all capacities to us for audit period ended November 30, 2008.

SUMMARY COMPENSATION TABLE
Name and
principal position
Year
Salary
($)
Bonus
($)
Stock
Awards
($)
(1)
Option
Awards
($)
Non-Equity
Incentive Plan
Compensation
($)
Nonqualified
Deferred
Compensation
Earnings ($)
All Other
Compensation
($)
Total
($)
James D’Angelo
President, CEO, Secretary and Director
2008
 
0
 
0
 
10,000,000
 
0
 
0
 
0
 
0
 
0
 

Narrative Disclosure to Summary Compensation Table

(1) Mr. D’Angelo acquired 6,000,000 restricted shares of Caddis Consulting Group, Inc. common stock at a price per share of $0.001 for a $6,000 equity investment and acquired an additional 4,000,000 restricted shares of Caddis Consulting Group, Inc. common stock at a price per share of $0.001 for services provided valued at $4,000.

In capacity as President, Caddis Consulting Group, Inc. has budgeted $2,000 per month as compensation for Mr. D’Angelo.
 
Outstanding Equity Awards at Fiscal Year-End

The table below summarizes all unexercised options, stock that has not vested, and equity incentive plan awards for each named executive officer as of audit period ended November 30, 2008.
 
OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END
OPTION AWARDS
STOCK AWARDS
 
Name
 
Number of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
 
Number of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable
 
Equity
Incentive
Plan
Awards:
Number of
Securities
Underlying
Unexercised
Unearned
Options
(#)
 
Option
Exercise
Price
($)
 
Option
Expiration
Date
 
Number
of
Shares
or Units
of
Stock That
Have
Not
Vested
(#)
 
Market
Value
of
Shares
or
Units
of
Stock
That
Have
Not
Vested
($)
Equity
Incentive
Plan
Awards:
Number
of
Unearned
Shares,
Units or
Other
Rights
That Have
Not
Vested
(#)
Equity
Incentive
Plan
Awards:
Market or
Payout
Value of
Unearned
Shares,
Units or
Other
Rights
That
Have Not
Vested
(#)
James D’Angelo
 
-
-
-
-
-
-
-
-
-

There were no grants of stock options since inception to date of this Prospectus.

Director Compensation

We do not intend on compensating our directors for their services.

 
42

 


OPTION GRANTS

There have been no individual grants of stock options to purchase our common stock made to the executive officer named in the Summary Compensation Table.

AGGREGATED OPTION EXERCISES AND FISCAL YEAR-END OPTION VALUE

There have been no stock options exercised by the executive officer named in the Summary Compensation Table.

LONG-TERM INCENTIVE PLAN (“LTIP”) AWARDS

There have been no awards made to a named executive officer in the last completed fiscal year under any LTIP.

COMPENSATION OF DIRECTORS

Directors are permitted to receive fixed fees and other compensation for their services as directors.  The Board of Directors has the authority to fix the compensation of directors.  No amounts have been paid to, or accrued to, our director in such capacity.

EMPLOYMENT CONTRACTS AND OFFICERS’ COMPENSATION

Since the date of incorporation on November 19, 2008, Caddis Consulting Group, Inc. compensated Mr. D’Angelo, the president, secretary and treasurer, 4,000,000 shares of common stock for services valued at $4,000 on November 25, 2008. Upon securing maximum placement proceeds, Caddis Consulting Group, Inc. has budgeted $2,000 per month as compensation for Mr. D’Angelo.  The Board of Directors will determine future compensation and, as appropriate, employment agreements executed.   We do not have any employment agreements in place with our sole officer and director.
 
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
 
The following table sets forth, as of the date of this prospectus, the total number of shares owned beneficially by our directors, officers and key employees, individually and as a group, and the present owners of 5% or more of our total outstanding shares.  The table also reflects what the percentage of ownership will be assuming completion of the sale of all shares in this offering, which we cannot guarantee.  The stockholders listed below have direct ownership of their shares and possess sole voting and dispositive power with respect to the shares.
 
     
Percent of Class
Title of
Name, Title and Address of Beneficial
Amount of Beneficial
Before
After
Class
Owner of Shares (1)
Ownership (2)
Offering
Offering (3)
         
Common
James D’Angelo, President, CEO, and
10,000,000
100%
71%
 
Director
     
         
All Officers and
       
Directors as a
       
Group
 
10,000,000
100%
 71%

1.  The address of each executive officer and director is c/o Caddis Consulting Group, Inc., 3550 Larkwood Court, Bloomfield Hills, Michigan 48302.

2.  As used in this table, “beneficial ownership” means the sole or shared power to vote, or to direct the voting of, a security, or the sole or share investment power with respect to a security (i.e., the power to dispose of, or to direct the disposition of a security).
 
3.  Assumes the sale of the maximum amount of this offering (4,000,000 shares of common stock) by Caddis Consulting Group, Inc. The aggregate amount of shares to be issued and outstanding after the offering is 14,000,000.
 

 
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FUTURE SALES BY EXISTING STOCKHOLDERS
 
A total of 10,000,000 shares have been issued to the existing stockholder, all of which are held by our sole officer and director and are restricted securities, as that term is defined in Rule 144 of the Rules and Regulations of the SEC promulgated under the Act.  Under Rule 144, such shares can be publicly sold, subject to volume restrictions and certain restrictions on the manner of sale, commencing one year after their acquisition.  Any sale of shares held by the existing stockholder (after applicable restrictions expire) and/or the sale of shares purchased in this offering (which would be immediately resalable after the offering), may have a depressive effect on the price of our common stock in any market that may develop, of which there can be no assurance.

Our principal shareholder does not have any plans to sell his shares at any time after this offering is complete.
 
 
We were incorporated under the laws of the State of Nevada on November 19, 2008.  Except as follows, none of the following parties has, since our date of incorporation, had any material interest, direct or indirect, in any transaction with us or in any presently proposed transaction that has or will materially affect us:

 
·
Any of our directors or officers;

 
·
Any person proposed as a nominee for election as a director;

 
·
Any person who beneficially owns, directly or indirectly, shares carrying more than 10% of the voting rights attached to our outstanding shares of common stock;

 
·
Any of our promoters;

 
·
Any member of the immediate family of any of the foregoing persons, except as follows:

(a) our President, and sole director, James D’Angelo:
(i) on November 25, 2008 the Company issued 6,000,000 shares of common stock to Mr. D’Angelo for a capital investment totaling $6,000;

(ii) on November 25, 2008 the Company issued 4,000,000 shares of common stock to Mr. D’Angelo for services provided valued at $4,000.
 
Policies and Procedures for Review, Approval or Ratification of Transactions with Related Persons
 
We are in the process of adopting a written related-person transactions policy that sets forth our policies and procedures regarding the identification, review, consideration and approval or ratification of “related-persons transactions.” For purposes of our policy only, a “related-person transaction” will be a transaction, arrangement or relationship (or any series of similar transactions, arrangements or relationships) in which we and any “related person” are participants involving an amount that exceeds $50,000. Transactions involving compensation for services provided to us as an employee, director, consultant or similar capacity by a related person will not be covered by this policy. A related person will be any executive officer, director or a holder of more than five percent of our common stock, including any of their immediate family members and any entity owned or controlled by such persons.
 
Under the policy, we expect that where a transaction has been identified as a related-person transaction, management must present information regarding the proposed related-person transaction to our audit committee (or, where approval by our audit committee would be inappropriate, to another independent body of our board of directors) for consideration and approval or ratification. The presentation will be expected to include a description of, among other things, the material facts, and the direct and indirect interests of the related persons, the benefits of the transaction to us and whether any alternative transactions are available. To identify related-person transactions in advance, we will rely on information supplied by our executive officers, directors and certain significant stockholders. In considering related-person transactions, our audit committee will take into account the relevant available facts and circumstances including, but not limited to:
 

 
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·
the risks, costs and benefits to us; 
 
 
·
the impact on a director’s independence in the event the related person is a director, immediate family member of a director or an entity with which a director is affiliated; 
 
 
·
the terms of the transaction; 
 
 
·
the availability of other sources for comparable services or products; and 
 
 
·
the terms available to or from, as the case may be, unrelated third parties or to or from our employees generally. 
 
In the event a director has an interest in the proposed transaction, the director must excuse himself or herself form the deliberations and approval. Our policy will require that, in determining whether to approve, ratify or reject a related-person transaction, our audit committee must consider, in light of known circumstances, whether the transaction is in, or is not inconsistent with, the best interests of our company and our stockholders, as our audit committee determines in the good faith exercise of its discretion. We did not previously have a formal policy concerning transactions with related persons.
 
 
Pursuant to the Articles of Incorporation and By-Laws of the corporation, we may indemnify an officer or director who is made a party to any proceeding, including a law suit, because of his position, if he acted in good faith and in a manner he reasonably believed to be in our best interest.  In certain cases, we may advance expenses incurred in defending any such proceeding.  To the extent that the officer or director is successful on the merits in any such proceeding as to which such person is to be indemnified, we must indemnify him against all expenses incurred, including attorney’s fees.  With respect to a derivative action, indemnity may be made only for expenses actually and reasonably incurred in defending the proceeding, and if the officer or director is judged liable, only by a court order.  The indemnification is intended to be to the fullest extent permitted by the laws of the State of Nevada.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers and controlling persons pursuant to the provisions above, or otherwise, we have been advised that in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Securities Act, and is, therefore, unenforceable.

In the event that a claim for indemnification against such liabilities, other than the payment by us of expenses incurred or paid by one of our directors, officers, or controlling persons in the successful defense of any action, suit or proceeding, is asserted by one of our directors, officers, or controlling person in connection with the securities being registered, we will, unless in the opinion of our counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification is against public policy as expressed in the Securities Act, and we will be governed by the final adjudication of such issue.
 
AVAILABLE INFORMATION
 
We have filed a registration statement on Form S-1, of which this prospectus is a part, with the U.S. Securities and Exchange Commission.  Upon completion of the registration, we will be subject to the informational requirements of the Exchange Act and, in accordance therewith, will file all requisite reports, such as Forms 10-K, 10-Q, and 8-K, proxy statements, under Section 14 of the Exchange Act and other information with the Commission.  Such reports, proxy statements, this registration statement and other information, may be inspected and copied at the public reference facilities maintained by the Commission at 100 F Street NE , Washington, D.C. 20549.  Copies of all materials may be obtained from the Public Reference Section of the Commission’s Washington, D.C. office at prescribed rates.  You may obtain information regarding the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330.  The Commission also maintains a Web site that contains reports, proxy and information statements and other information regarding registrants that file electronically with the Commission at http://www.sec.gov.
 


 
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DEALER PROSPECTUS DELIVERY OBLIGATION

“UNTIL___________________________, ALL DEALERS THAT EFFECT TRANSACTIONS IN THESE SECURITIES, WHETHER OR NOT PARTICIPATING IN THIS OFFERING, MAY BE REQUIRED TO DELIVER A PROSPECTUS.  THIS IS IN ADDITION TO THE DEALERS’ OBLIGATION TO DELIVER A PROSPECTUS WHEN ACTING AS UNDERWRITERS AND WITH RESPECT TO THEIR UNSOLD ALLOTMENTS OR SUBSCRIPTIONS.”











 
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PART II: INFORMATION NOT REQUIRED IN PROSPECTUS
 
OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION
 
The following table sets forth the costs and expenses payable by Caddis Consulting Group, Inc. in connection with registering the sale of the common stock. Caddis Consulting Group, Inc. has agreed to pay all costs and expenses in connection with this offering of common stock. Set for the below is the estimated expenses of issuance and distribution, assuming the maximum proceeds are raised.

Legal and Professional Fees
  $ 1,500  
Accounting Fees
  $ 3,500  
Blue Sky Qualifications
  $ 1,000  
         
Total:
  $ 6,000  

 
INDEMNIFICATION OF DIRECTORS AND OFFICERS
 
Caddis Consulting Group, Inc.’s Articles of Incorporation and Bylaws provide for the indemnification of a present or former director or officer. Caddis Consulting Group, Inc. indemnifies any director, officer, employee or agent who is successful on the merits or otherwise in defense on any action or suit. Such indemnification shall include, but not necessarily be limited to, expenses, including attorney’s fees actually or reasonably incurred by him. Nevada law also provides for discretionary indemnification for each person who serves as or at Caddis Consulting Group, Inc. request as an officer or director. Caddis Consulting Group, Inc. may indemnify such individual against all costs, expenses, and liabilities incurred in a threatened, pending or completed action, suit, or proceeding brought because such individual is a director or officer. Such individual must have conducted himself in good faith and reasonably believed that his conduct was in, or not opposed to, Caddis Consulting Group, Inc.’s best interests. In a criminal action, he must not have had a reasonable cause to believe his conduct was unlawful.

NEVADA LAW

Pursuant to the provisions of Nevada Revised Statutes 78.751, Caddis Consulting Group, Inc. shall indemnify any director, officer and employee as follows: Every director, officer, or employee of Caddis Consulting Group, Inc. shall be indemnified by us against all expenses and liabilities, including counsel fees, reasonably incurred by or imposed upon him/his in connection with any proceeding to which he/she may be made a party, or in which he/she may become involved, by reason of being or having been a director, officer, employee or agent of Caddis Consulting Group, Inc. or is or was serving at the request of Caddis Consulting Group, Inc. as a director, officer, employee or agent of Caddis Consulting Group, Inc., partnership, joint venture, trust or enterprise, or any settlement thereof, whether or not he/she is a director, officer, employee or agent at the time such expenses are incurred, except in such cases wherein the director, officer, employee or agent is adjudged guilty of willful misfeasance or malfeasance in the performance of his/his duties; provided that in the event of a settlement the indemnification herein shall apply only when the Board of Directors approves such settlement and reimbursement as being for the best interests of Caddis Consulting Group, Inc. Caddis Consulting Group, Inc. shall provide to any person who is or was a director, officer, employee or agent of the Corporation or is or was serving at the request of Caddis Consulting Group, Inc. as a director, officer, employee or agent of the corporation, partnership, joint venture, trust or enterprise, the indemnity against expenses of a suit, litigation or other proceedings which is specifically permissible under applicable law.
 


 
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RECENT SALES OF UNREGISTERED SECURITIES.
 
Set forth below is information regarding the issuance and sales of securities without registration since inception.  No such sales involved the use of an underwriter; no advertising or public solicitation was involved; the securities bear a restrictive legend; and no commissions were paid in connection with the sale of any securities.
 
The Issuer has not since inception raised any funds through sales of its common stock.

These securities were issued in reliance upon the exemption contained in Section 4(2) of the Securities Act of 1933.
 
 
The following exhibits are included with this registration statement:

Exhibit Number.
Name/Identification of Exhibit
   
3.1
Articles of Incorporation
   
3.2
Bylaws
   
5
Opinion of Harold P. Gewerter, Esq., LLC
   
23.1
Consent of Independent Auditor
   
23.2
Consent of Counsel (See Exhibit 5)
   
99
Additional Exhibits
 
a)   Subscription Agreement
b)   Escrow Agreement

 
 
Under Rule 415 of the Securities Act, we are registering securities for an offering to be made on a continuous or delayed basis in the future. The registration statement pertains only to securities (a) the offering of which will be commenced promptly, will be made on a continuous basis and may continue for a period in excess of 30 days from the date of initial effectiveness and (b) are registered in an amount which, at the time the registration statement becomes effective, is reasonably expected to be offered and sold within two years from the initial effective date of the registration.

Based on the above-referenced facts and in compliance with the above-referenced rules, Caddis Consulting Group, Inc. includes the following undertakings in this Registration Statement:

The undersigned Registrant hereby undertakes:

(1) To file, during any period, in which offers or sales are being made, a post-effective amendment to this Registration Statement:

(i) To include any prospectus required by section 10(a)(3) of the Securities Act of 1933, as amended;
 
 

 
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(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in the volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of the Registration Fee” table in the effective Registration Statement; and

(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement.

(2) That, for the purpose of determining any liability under the Securities Act of 1933, as amended, each such post-effective amendment shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(4). Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
 
(5)  That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness.  Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.
 
(6)  That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:
 
       i.Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;
 
       ii.Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant;
 
       iii.The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by or on behalf of the undersigned registrant; and
 
       iv.Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.
 

 
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SIGNATURES

In accordance with the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements of filing on Form S-1 and authorized this Registration Statement to be signed on its behalf by the undersigned, in the City of Bloomfield Hills, State of Michigan on April 6, 2009.


Caddis Consulting Group, Inc.
(Registrant)
 
By: /s/ James D’Angelo
James D’Angelo
President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and Director


In accordance with the requirements of the Securities Act of 1933, this Registration Statement was signed by the following persons in the capacities and on the dates stated:


Signature
Title
Date
     
     
/s/ James D’Angelo
James D’Angelo
President, Chief Executive Officer, Chief Financial Officer,
Principal Accounting Officer, Secretary, Treasurer and Director
April 6, 2009







 
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