Management Resource Solutions hosting today 2 may 2019 a presentation for analysts and investors at 14:00 BST at the offices of FTI Consulting.
Shareholders attending this afternoon's meeting may take the opportunity to ask be a little more about Cavialeco, which has a Toronto address but is registered in Cyprus, and was the second largest participant in the July 2018 placing by MRS to “employees, contractors and directors”. All the information which follows can be found, with a little digging from publicly available sources. Examining the published information appears to indicate an undisclosed and unexplained relationship between John Zorbas, Chairman of MRS and Cavialeco.
Cavialeco is also listed as an investor in Captor Capital on page 19 of the attached file from February 2018 which was filed and signed by John Zorbas (see page 30), overall it was one of the largest investors in this private placement, as was the case three months earlier in December 2017, in this case apparently contributing over C$2m. The form can be downloaded herehttps://webfiles.thecse.com/CSE_Form_9_-_Notice_of_Issuance_of_Securities-1feb_12_2018.pdf
Cavialeco is listed as the 5th largest investor in this placement by Captor Capital on the attached form submitted in December 2017, listed on page 7. The form was submitted with John Zorbas as the signatory. It can be found at https://webfiles.thecse.com/CPTR-9-Dec11-2017.pdf