SGP Donations Page

Update as of June 25, 2007

Dear Friends and Supporters of Sovereign Grace Publishers, Christian Literature World or Jay P. Green, Sr.:

I have written you this rather lengthy email to bring you up to date on what has happened since we last communicated back in December 2006.

God willing I am at present seeking donations to get both Sovereign Grace Publishers and Christian Literature World back in operation along with getting the KJ3 finally printed. I also want to ask your forgiveness for the mistakes I have made towards you as fellow Christians and as supporters of this ministry through the backorders you may have with us, or for funds lost through my mismanagement. I not only seek your forgiveness but have also sought the forgiveness of our Heavenly Father in these same matters. I also want to say that I have every intention of filling all backorders currently due customers and supporters from either Sovereign Grace Publishers and Christian Literature World. At present I cannot give a timetable for accomplishing the goal to fill all backorders but with God's help do feel that we will get them filled.

Refunds - We have received a number of refund requests from customers that are tired of waiting for the KJ3 Bibles. At present we are unable to issue any refunds due to a complete lack of funds as explained below but we will be more than happy to substitute other books from the 325 titles that we do have in print. However, if only a refund is acceptable, we will try and make those at a later date, subject to the Lord providing the means. I will come up with a program to allow supporters who no longer desire to wait for their backorders to take other books to cover the amount of any refund requests. Again our current cash flow doesn't allow us to instantly fill all substitution requests at this time, but God willing, we will try to get them done in a reasonable amount of time.

We have been through a brutal six months this year.

1. During December 2006 and January through February 2007 - Dad (now 88 years old) was battling Esophageal cancer caused by Acid reflex syndrome, underwent surgery and photodynamic therapy, eventually landing him in the hospital for 26 straight days from the first week of February through the first week of March. During that time, he spent fourteen days in ICU (Intensive Care Units) having lost six units of blood in one evening when his throat hemorrhaged. He received six units of blood during a three day period then contracted a 50% fatal blood disease commonly called the ICU blood disease. That required him to undergo three rounds of an extremely powerful IV antibiotic disease which had to be intravenously fed directly into the heart due to potential damage to other arteries and veins from the strength of the antibiotics. Also during that period of time, it appears a staff member of the hospital accidentally gave him insulin designated for Dad's roommate (Dad is not diabetic) causing him to crash and almost die. Amazingly he pulled through but during the entire episode both my father and our family continually sought God's will through it all as to Dad being called home or not.

2. On February 11, 2007 - a foreign entity, not identified as yet, managed to breach our credit card payment gateway (authorizenet.com) for sgpbooks.com and processed 21,735 one dollar credit card authorizations in a period of less than six hours after the close of business. I discovered the breach upon returning home from the hospital about 11:30 PM and immediately set about stopping the breach. I eventually had to shut down the website to stop the breach. As authorizenet.com charges us $.10 per transaction and our credit card processor charges us $.45 per transaction, we became liable in that six hour period for the payment of $11,954.25 for this breach. This is more money than we had in the bank causing the gateway and credit card processor to overdraw our bank accounts as well as suspend our ability to process credit card transactions. Therefore this not only overdrew our bank accounts but also stopped our revenue stream as 90% of our income comes in the form of credit card transactions. It should be pointed out that the breach was not through our website, or our servers, but rather through the servers at authorizenet.com.

3. On February 20, 2007 - While Dad was in the ICU, I learned that my wife Tina wanted a divorce.

4. During early March 2007, all evidence of Dad's esophageal cancer was gone and he was declared in 100% remission with only six month checkups scheduled.

5. During March 2007, our web hosting company closed all of our websites due to our inability to pay our hosting bills, and the office and ministry phones were shut off for the same reason. Again, the cash flow problems became unmanageable after the credit card processing breach.

6. On April 9, 2007, I, (Jay Jr.) had a heart attack caused by blood clots, and was put on four different heart medicines and cumadin. My heart remained out of rhythm until June 2007. This further limited my time to operate the ministry, which was for all intents and purposes already closed down since the February credit card processing breach.. In addition to the above, I crushed a disk in my back moving furniture back in the house after my wife moved out.

7. April - July 2007, a new cancer was found in Dad's mouth which was a different species of cancer and not at all related to the esophageal cancer. The tumor was discovered during a routine dental checkup, and was noticed on his upper left gum. Cat scans and pet scans were performed and it was discovered that the tumor has spread into his nasal cavities. Surgery was not an option as it would be too invasive, therefore treatment for the cancer would consist of five days a week radiation and one day a week chemotherapy. Treatment began in late May 2007 and was suspended after one week of treatment as Dad ended up in the hospital again for one week with pneumonia. Treatment resumed in June 2007. and will continue through July 2007. Dad's health continues to take about 20 hours a week of my time. His renal (kidney) kidney problems have been stable with a creatin level of 1.8 to 2.8 and are treated with weekly Aronesp shots and monthly iron injections. He continues to try and work as he is able.

8. May 2007, I managed to get sufficient funds put together from the tax preparation work to get a telephone installed for Sovereign Grace Publishers. The phone number is (765) 838-0836. I also managed to get the credit card processing firm to forgive most of their bill. To begin processing credit cards, I need to pay authorizenet about $1,400 and about another $1,500 to the credit card processor. In the interim I am able to use our Paypal account to process credit cards.

9. June 2007, I am in process of getting the websites back open by working through a Christian web hosting company in Australia. In addition, I have opened a website at http://www.sgpbooks.com and hope to have it functional in the next couple of weeks. At present, it is a Unix site, and my database ASP pages won't work on this site therefore all my ASP pages must be converted to PHP pages. I have absolutely no experience in PHP so must figure out how to change the database from Microsoft Access to MYSQL and then how to make database calls using php. At present I haven't found a WYSIWYG php editor for me to use and am still trying to use Microsoft FrontPage.

10. December 2006 - June 2007 - All of our efforts to have the complete KJ3 Bibles published have failed miserably. At present we only have the KJ3 available as a New Testament paperback, soon I will be adding the KJ3 NT with the Psalms as a hardback and paperback, and will try and do the Old Testament minus the Psalms as a Hardback and paperback with binding to match the NT with Psalms. I have located a printer in Michigan who will print the complete editions including paperback, hardback and flexible leather bound edition but without Gold edging and rounded corners for a sum of $25,000. The moneys previously raised for the KJ3 publication effort had been sent to printer overseas who never delivered the Bibles, with other funds having been used in the development of the KJ3. At present there are no funds available for the printing of the KJ3. I am going to attempt to raise sufficient fund through donations to finally get this Bible in print. These funds will be sent directly to the printer in Michigan so that they can't be depleted. To do this I need the websites up and must email our friends customers and supporters and leave it in God's hands to provide the means to get the KJ3 Bible in print.

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You may also make a donation by calling us at 1-765-838-0836, or by mailing a check to P.O. Box 4998, Lafayette, In 47905.

I am also still trying to raise funds using the following means:

RE:    1. CONSIDERING COMMON STOCK OFFERING
          2. NEW! SPONSOR A BOOK PROGRAM
          3. ATTENTION AUTHORS: JOIN THE FAMILY - PUBLISH YOUR BOOK PROGRAM
          4. HELP! PRISON MINISTRY FREE BIBLE & BOOK PROGRAM — DONATIONS NEEDED,
          5. SGP’S AND RELATED ENTITIES DOCTRINAL BELIEFS,
          6. SGP’S AND ENTITITES MISSION,
          7. SOME OF What the lord has allowed SGP to do The past 53 years,
          8. UNFINISHED PROJECTS – WHAT WE HOPE THE LORD WILL ALLOW US TO COMPLETE,
                1. KJ3 – Literal Translation Bible
                2. Interlinear Hebrew-Greek-English Bible, 1 volume with revised N. T.
                3. New Interlinear Hebrew-English Old Testament – 3 Volume Edition
                4. Interlinear Greek-English-Spanish New Testament with Strong’s numbers
                5. Interlinear Multi-Language Database with Lexicons and Cross References
                6. New Interlinear Hebrew-Greek-English Bible with Lexicons, Large Print Edition
                7. KJ3 – Literal Translation – Study Bible
                8. Unholy Hands on the Bible, Volume 3
                9. New Versions and The Doctrine of The Word
              10. New Versions and The Doctrines of Grace
              11. Fifty Greatest Christian Classics – 12 Volume Set

As Sovereign Grace is in its 54^th year, I am once again sitting here and pondering the future of SGP and its related companies’ ministries. We have been blessed to serve our Lord and Master for all these years. With the help of customers and supporters like you, we have accomplished much and God-willing hope to accomplish even more.

As many of you may now for the past six months I have been speaking with many of you on the phone or in e-mails to try and explain why the KJ3 isn’t available yet or why this other project isn’t completed. At times the expected delivery dates we give seem to be a complete fabrication or falsehood but when I give those dates, I truly believe they are realistic and that we can come close to meeting them but alas this or that happened and the date(s) again needed advancing or the funds didn’t become available to meet the delivery date. In speaking to one supporter the other day, he stated that proof that what we are doing is worthwhile is the fact that Satan keeps blocking everything we do. Maybe the expected dates partly come from my optimistic side and a complete and firm belief that God will provide what we need when we need it but the truth remains I believe those dates when I give them. Maybe it is because God has his own time-table and I am trying to accelerate it. What ever the reason, I accept what happens and continue to plod along doing the best the Lord allows me to do with what the Lord provides us to do with and realize that we are working under His timetable, not ours.

We are constantly hampered by a lack of funds necessary for us to timely complete the projects we have undertaken and often relying upon donations and prepaid pre-publication orders from our customers and supporters to complete those projects. This worked well back in the 1960’s through the late 1990’s, but doesn’t seem to work as well in this century. Our performance of late has caused a lack of confidence which has reduced your willingness to “prepay” your orders and has also cut into our donations.

It is quickly becoming apparent to me that we can no longer fund these Bible projects in the manner that we have previously used. It is for this reason, I am suggesting several different means of funding and capitalizing SGP’s ministries and the large projects that SGP undertakes. Without adequate funding, we must reconsider what we are able to do and seriously consider if the Lord is leading us to do the projects at all.

I am therefore exploring and proposing the following ways to raise the capital to get this done.

CONSIDERING COMMON STOCK OFFERING: For the past several weeks, I have been considering making a stock offering under Regulation A of the Securities Exchange Commission (SEC) to our customers and supporters. Under Regulation A, we can sell stock to up to 500 individuals or entities over a period of twelve months and the law allows us to raise up to one million dollars. Making a stock offering would allow us to raise up to $250,000 if each share was sold at $500.00 per share. Under Regulation A we are allowed to pre-advertise an offering, without actually making an offering. This allows us to see if there is support for a stock offering before investing in the costs of making a stock offering. The above amount would allow us to complete all the projects we presently have scheduled in a quick and timely manner. Those desiring to invest more than $500.00 would receive additional shares equal to the amount of their investment. Again, we are trying to test the waters and see how much interest you might have and your response will be the Lord’s way of letting us know if the stock offering is the way to go and if so what the share price should be.

NOTE: At this time no registration has been made with the Securities Exchange Commission.

This is an exploratory letter only discussing the possibility of making a stock offering.

For us to make the stock offering, a minimum of $100,000 would need to be raised which is the bare minimum we need to complete the present projects before us.

Do not send any money for stock at this time, just let us know if you are interested, your address, phone number, e-mail address, and how much you might be interested in investing.

Remember that the Interlinear Bibles have already sold over 400,000 copies, and most of those owners of the Interlinear Bibles would purchase the new and revised editions.

By purchasing stock;

You will benefit the Body of Christ and bring honor to Our Almighty Father, and,

You will give this and future generations the most accurate Bibles and Biblical tools needed for yourself, your future generations and others to lead a fruitful walk in Christ, and,

You will enable a whole new generation of Interlinear and ‘Textus Receptus’ Bibles not only in the English language but in many more languages of the world, and,

You will be participating in developing a database that can be used to develop Interlinear and ‘Textus Receptus’ Bibles in virtually every language of the world, and,

You will be making a difference in battling the inaccurate Bibles now in circulation (over 215,000,000 New International Version Bibles (NIV’s) are in circulation) by giving Christians accurate and true Bibles, and,

You, as a shareholder, will have a vote and a voice in the direction this ministry leads and in the operations of this ministry, and,

Your actions taken through purchasing stock will last for centuries to come or until Christ returns, (remember books and the Bible made it through the dark ages and what you do now can be changing lives hundreds of years from now), but,

DO NOT CONSIDER PURCHASING THIS STOCK, IF:

You are looking for immediate monetary returns through dividends or other means as this stock probably will not have any dividends for the first three to five years while the New Interlinear Bibles, the Interlinear Database and the KJ3 Bibles complete development and come online, but the dividends could eventually be substantial as the new Interlinear Bibles (including foreign language editions), the KJ3, and database projects begin generating sales and gaining market share, or,

You are looking for liquidity or the ability to resell your stock as there currently is no ready market for these shares to be sold, or,

You are trying to radically change the theological position or mission of this ministry, but constructive criticism and guidance is accepted, reviewed, and the Lord’s guidance will be sought on such matters (we do realize that we are human and are all growing in Christ daily and will prayerfully consider and accept correction if our theology or mission(s) is/are, in error), or,

You are financially unable to bear the loss of your entire investment (Do not invest your life’s savings or money necessary for you to live on), or,

You have not accepted Jesus Christ as your Savior and Master, and asked forgiveness of your sins, and are not a true believer in the Triune Godhead and are not a follower of Christ, or,

You haven’t sought the Almighty’s guidance in this matter through prayer and don’t believe that Christ is leading you to invest. We ask that you seek His guidance before any investment.

If there are any among you that might have an interest in a stock offering or know anyone that might have an interest and can accept the terms and conditions above please contact us by e-mail at jgreenjr@sgpbooks.com or by phone at (765) 838-0836 so that we might determine if this is the way the Lord is leading you and us. Be sure to give us your name, address, phone number and e-mail address and the best method and time to contact you.

NEW! SPONSOR A BOOK PROGRAM — We have over one hundred and fifty God-Honoring books that we want to publish in various stages of production under our Greatest Christian Books Preservation Program but we presently lack the meager funds to get these titles published, especially in light of the major Bible projects that we have underway. Many can be put into the print-on-demand program for as little as $241.00. Therefore, I am proposing to turn the matter over to you through our New Sponsor a Book Program which essentially makes you a publisher of the books you choose to sponsor and you will receive a 10% royalty of the retail price of each book sold. As the sponsor you will be publishing a valuable book without;

a) having to establish the worldwide distribution and sales channels with bookstores, such as Amazon.com, Barnes & Noble, Baker & Taylor, Borders Books, the major Christian and secular book distributors, or,

b) setting up an order desk, building a catalog, advertising, or,

c) hiring the people to handle the shipping, or, any of the other costs of being a book publisher.

BY SPONSORING A BOOK:

You will be putting a necessary and doctrinally sound book into print and preserving its use for centuries to come, and,

Your name may appear as the benefactor on the acknowledgements page of the book being published, or,
the acknowledgment can be in the form of memorial to a loved one, and the books passed down from generation to generation, and,

You will receive six free copies of the book produced by your sponsorship to add to your personal library and to give as gifts, and,

You will receive a 10% royalty of the retail price of every book sold which proceeds will be distributed quarterly to you, and,

You will be benefiting the Body of Christ and bringing honor to Our Almighty Father through your sponsorship, and,

Your sponsorship action will be recorded in the scrolls of the Book of Life, but,

DO NOT SPONSOR A BOOK;

If you are looking for a full return of your sponsorship as we can’t guarantee which books will earn enough to return the sponsorship funds and which will not so please rely upon your reward in Heaven and not a full return of your sponsorship, or,

If you are needing the royalties from your sponsorship to live on, or, will be relying on the royalties for any other necessary purpose other than preservation of the work, or the honor and glory of God, or,

You are financially unable to bear the loss of your entire sponsorship (Do not use your life’s savings or money necessary for you to live on to fund your sponsorship), or,

You have not accepted Jesus Christ as your Savior and Master, and asked forgiveness of your sins, and are not a true believer in the Triune Godhead and are not a follower of Christ, or,

You haven’t sought the Almighty’s guidance in this matter through prayer and don’t believe that Christ is leading you to sponsor a book. We ask that you seek His guidance before any sponsorship.

Update as of June 25, 2007

Sovereign Grace's Fall 2006 Catalog Of Over 300 God Honoring Books Is Available Here