FIIC Holdings, Inc. is an organizational stage company in the process of establishing itself as an insurance holding company. To conduct its business, FIIC Holdings, Inc., though its operating subsidiary FIIC, Inc. (collectively, "FIIC"), is forming and capitalizing three affiliated operating entities, including a Risk Retention Group to write insurance policies, an Agency Captive insurance company to provide reinsurance, and a Master Group Agency providing operations services to the other two insurance entities. FIIC has an exclusive license to access and use a proprietary set of underwriting data and standards, known as the FIIC Underwriting Data and Standards, and an associated web-based interface, collectively known as the FIIC Database Content and Technology. Through the planned insurance entities, FIIC intends to use this proprietary information and technology to underwrite a new form of insurance policy, designated as an Investor Protection policy, designed and intended to bolster investment in new and growing businesses by insuring businesses, which will then name their investors as beneficiaries, against certain kinds of business failure. FIIC's objective is to provide a stable investment environment for small business investors through the strict application of its underwriting criteria. FIIC anticipates that it will primarily generate revenues from insurance premiums, but also anticipates generating revenues through sublicensing fees, agreements with strategic partners and sponsorships.

FIIC plans to market its Investor Protection policy via the internet as a business-to-business and business-to-client product, through direct sales agents, and through certain professional advisors. FIIC intends to provide each insured business and its investors a personalized, interactive experience during the insurance process, affording access to relevant data and research, updates on the status of current insured investments, and notification regarding various additional business opportunities. FIIC plans to provide regular reports on each insured business entity to investors in that entity regularly through its website.