When will I receive the special dividend (shares of Cohesant Inc (f/n/a CIPAR Inc)?

Continental Stock Transfer and Trust started distributing the shares of Cohesant Inc. on February 28, 2008. We have confirmed that stockholders who hold their shares in their own name, as well as certain stockholders who own stock in their brokerage accounts, have received their shares or seen the shares posted to their individual accounts. Call your broker if you don’t receive confirmation of the shares in your account by the end of the week.

What is the trading symbol for Cohesant Inc.?

A brokerage firm that has expressed an interest in making a market in Cohesant Inc. shares has submitted the necessary paper work to the Financial Industry Regulation Authority (FINRA). FINRA may have comments or questions on the filing prior to approving the listing. The Company will cooperate with the Market Maker to quickly address any comments or questions. FINRA will assign a trading symbol once it has approved the application. We will post the trading symbol on our web site, once the symbol is known.

When will Cohesant Inc. start trading and on what market?

Cohesant Inc. is currently a reporting company under the Securities and Exchange Act of 1934. The small size of the Company currently precludes it from being listed on the NASDAQ or on one of the exchange markets; however, it is eligible to have its securities quoted on either the OTC Bulletin Board (OTCBB) or the Pink Sheets (PK) or both. The shares will remain eligible for quotations by both electronic trading services for so long as it is current in its SEC reporting obligations. If the Company decides not to remain an SEC reporting company, its shares will no longer be eligible for quotation by the OTCBB. Once FINRA approves the market maker’s filing and assigns a trading symbol, the Company expects that both services will maintain quotations.

What is the time frame for FINRA to complete the approval process?

FINRA may have comments or questions on the filing prior to approving the listing. The Company will cooperate with the Market Maker to quickly address any comments or questions. FINRA will assign a trading symbol once it has approved the application. The Company is hopeful it will be trading shortly.

What is the tax consequence of the special dividend?

The special dividend is taxable and based on the valuation completed by the Company’s investment bankers, the fair market value of the dividend share of Cohesant Inc., for tax purposes, is $1.92 per share. The Company is in the process of completing an Earning and Profit (E&P) analysis of Cohesant Technologies Inc. to determine if any portion of the special dividend is a return of basis to the shareholder. The Company will post additional information when available. Consult your tax advisors to determine your tax consequences. We further caution that the Internal Revenue Service is not bound by the valuation determined by our investment banker and no assurances exist that the IRS will concur with such valuation.

What is the CUSIP number of Cohesant Inc.?

Cohesant Inc.’s CUSIP number is 19248T 108.