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I think it will be much bigger than people ever imagined. Think carefully before you rush to sell. OK, I know we need a listing first!
I must say that Innomed Tech looks promising with its PureFlowCath.
My dad had a catheter and he was forever getting bladder infections.
If they get FDA approval and Patents granted which could soon happen as the patent applications were made in 2019 the company will be a big success story.
CIC Securitization and CIC Capital would benefit big as well.
See details in the Preliminary Long Form Prospectus.
https://www.innomedtec.com/copy-of-about
I just received an email from Stuart. My first email to him went astray.
Some comments from Stuart.....
"CIC Fund Ltd is CIC Capital Fund Ltd."
"CIC Capital Fund Ltd is dorment. In the current environment, CIC Fund risk profile is too high. A recent shareholders meeting voted in favor to dissolve the company at some future date."
"The timing will be when the shareholders whom received dividend share in CIC Capital Ltd receive a share value greater than that when invested in CIC Fund (3.7 UK pence)"
"CIC Capital Ltd held a recent shareholders meeting. Shareholders approved CIC Capital listing at a time there were a) tradable share and b) cash of value GBP15 Million."
"The deal flow is high in CIC Capital and is very difficult to give predictions. We will be updating shareholders on transactions every two or three months."
Comments about Innomed Tech.........
"That company CIC pulled out of a huge hole. The value at listing might be ok but if patents get approved then your looking at CAD$20 tocad$68 per share (measured against peers) CIC Securitisation S.A (Luxembo approved securitization entity has delivered EURO10 million with another 60 million available on call."
ALSO
"Please note the web name WWW.Securitisation.com This if sold would fetch over Euro 7 million. I not pulling your leg here. www.Fund.com which I owned and sold to a major bank sold 8 years ago at US$9.8 million."
"CICCapital.com has a multi-million offer from the large French bank CIC Capital which I will not sell. I hold over 90 high value domain names which I registered way back in the early 11900’s."
interesting...
You cannot change the past, but we can look forward to the future.
You must admit it is very concerning though after all this time…
I have been involved since Bromley took the original Company Public in Canada in 2005.
There will be no sell off, the upcoming balance sheet of CIC CAPITAL SA a public Company to be, will be quite exceptional. This Company will be a 100% owned subsidiary of CIC Capital LTD. I trust Bromley, he will deliver.
tbh most people would just be happy for it to float these days, there'll no doubt be a sell off when it does float as some will want their investment back after all this time and move on. I'd rather have it in crypto now that on any AIM stock
Read my message. Do you want a high or a low sp on floatation for CICCAPITAL ?
ohhh :-(
Why No ? earn a fee on arranging a floatation when this is substantial then CICC can float
No. CICCapital needs the funds from INNO MED TECH, on their books to list at a high sp.
some good news at last...and at least
So. CIC Securitisation is 100 % owned by Stuart Bromley and CIC Capital will earn a fee for handling the floatations it would seem
question is are we going to list before them?
Innomed Tech Ltd.
Profile
Mailing Address: 1000 - 409 Granville Street
Vancouver, British Columbia
V6C 1T2
Head Office Address: 1000 - 409 Granville Street
Vancouver, British Columbia
V6C 1T2
Contact Name: Stuart J. Bromley Principal Regulator: British Columbia
Business e-mail address: Bromley@CICCapital.com Short Form Prospectus Issuer: No
Telephone Number: 44 07311400014 Reporting Jurisdictions: British Columbia, Ontario
Fax Number: Stock Exchange: N/A
Date of Formation: Nov 22 2019 Stock Symbol:
Jurisdiction Where Formed: Delaware USA Auditor: RSM Canada
Industry Classification: other General Partner:
CUSIP Number: 45784D Transfer Agent: AST Trust Company (Canada)
Financial Year-End: Dec 31 Size of Issuer (Assets): $5,000,001 to $25,000,000
InnoMed Tech Ltd is holding Company of medical science companies in the business of creating paradigm shifts in thinking to improve clinical outcomes for medical and surgical patients. The Company’s clinical and business leadership team combines years of experience of corporate, and medical science who along with medical engineers, key advisors, work to solve problems presenting in today’s medical and surgical patient population.
Directors Innomed Tec Ltd. (Parent Co):
Robert L. Rhodes - Australia (CEO)
Terrance A .Larkan - Australia (CFO)
Billy Williams - US
David Toyoda - Canada
Dr Marshall Walker- US
Directors PureFlowCath LLC. (US):
Dr Matthew Mcintyre
Robert L. Rhodes
3 to 2 independant directors
Summary of Operations
Innomed Tech Ltd. is pleased to update you on some corporate actions since our last update on June 30, 2021.
The Company has raised an additional US$350,000 to fund working capital at same terms as previous cash investors. The Company has started to receive equity investment inquiries from professional investors and specialist medical technology funds. Should management decide to inject more funds into the Company, current shareholders will be consulted before any action is taken.
Public Listing Update on the TSX Venture Exchange
The Company prospectus review by the regulator is largely completed. The Company after April 2021 is required to complete audited financial statements to December 31, 2020, and interim financial statement to June 30, 2021. The Company has already completed two years prior. The additional year audit is expected to be completed end of August 2021 and undergoing final audit Partner review by RSM Canada. The Company will then file the update financial statements in the prospectus for final approval and to finalize the listing application on the TSX Venture Exchange.
Appointment of Computershare
The Company has appointed Computershare Investor Service Inc. as its Share Registrar replacing AST. AST has advised that it is being acquired by the TMX which is part of the Toronto Stock Exchange. The Company has chosen to maintain a fully independent registrar necessitating the change. The Company will also use Computershare as filing agent for prospectus filings with regulator and stock exchange.
Board and Management vist to US
CIC Capital Ltd. Stuart J. Bromley, Directors David Toyoda and Robert L. Rhodes (CEO / Executive Director) will travel and meet our shareholders (owners of the Company) personally as soon as COVID-19 travel restrictions in their applicable jurisdictions is lifted.
www.InnomedTec.com
Billy Williams Disclosure Officer/Director +1 251 786 4695 billy@wfgplanning.com
Key service organisations:
Hypochlorous Acid is the same stuff I use to shock my swimming pool.
An $8 packet is sufficient to sanitize 30,000 Lts of pool water.
For those interested take a look at the Solenal prospectus p27... a few familiar names?
https://www.solenal.com/en/ipo/
I sent an email to Stuart on the 16th of July and so far there has been no reply.
"What has happened to CIC Capital Fund?
Is it now called CIC Fund Ltd and do I own shares in CIC Fund Ltd?
I notice the CIC Capital Fund website no longer exists and the link goes to CIC Securitisation.
Any info about a listing and the progress of the CIC companies would be most welcome."
Still as death. Still as dead.
That’s tough daierasa hope you found a new job soon.It really is about time we had a relist after all these years.
I hope so, just been made redundant so whereas previously the loss was a lesson hard learned now it has real meaning. If the board are listening this was peoples real money invested in you.
It is the hope that is killing!
wonder if we will ever relist.
got more life in it too