Looking at Cantor Fitzgerald Europe website it would suggest to me that they are responsible for putting the money in to the $7.6m Private Placing. They are based in London and primarily are an investment bank with excellent liquidity ( money available ). Well worth a read and were valued at $5.5 Billion in 2014 so that would be a conservative figure in todays valuation. They have many areas as well as investment, Wealth Management and Market Makers being just 2 more areas, so I think we are… Read More
I seen they had a share consolidation last week? Seeing as we apparently have 840m shares in them you might have thought Nick would give us a bit information as to what has happened!
15/03/17 - The Directors have resolved to re-organise the Company's share capital by consolidating all of the Existing Ordinary Shares on the basis of one (1) new ordinary share of no par value ('New Ordinary Share') for every hundred (100) Existing Ordinary Shares, such shares having the same rights and being… Read More
Hi archie, i3 as you know are not listed on any stock market yet hence the IPO (Initial Public Offering) to AIM. It is then that a value (MarketCap) will be given to i3 as a Company. This will determine their share price, obviously. As Gwik will own a % of i3, we are assuming and hoping it will be 5% then our sp will be pro-rata to what our 5% of i3 will be worth to the amount of shares (current Gwik) that are in issue.
Therefore until i3 are given a MarCap which can only… Read More
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