Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Is there any situation were a company would raise money via a CLN than the usual route through a placement.Is it possible that the bod will be in a situation in the near future that they will have sufficient funds to pay loan off early?
FYI just Google it and came up with this
GS FINTECH LTD
Company number 13173336
Follow this company File for this company
CompanyOverviewfor GS FINTECH LTD (13173336)
Filing historyfor GS FINTECH LTD (13173336)
Peoplefor GS FINTECH LTD (13173336)
Morefor GS FINTECH LTD (13173336)
Registered office address
C/O Hill Dickinson Llp 8th Floor, The Broadgate Tower, London, United Kingdom, EC2A 2EW
Company status
Active. ACTIVE
Listen for yourself interview from 28th September
https://www.youtube.com/watch?v=WbJcD1uffzI
Proactive interview 28th September
Shane comments just over halfway through that the application to FCA sandbox has been made he also states that in a couple of months they will get the necessary sandbox tools necessary to gain access to the wider business
Judge for yourself ATB lth
Taken from the FCA webpage it looks like we are in the accepted for testing stage otherwise we would have been rejected so far so good but a few months yet see below
What happens after you submit your application
Application assessment: After submitting a full application, a member of the Sandbox team will assess your application. After 2 to 3 weeks, you should hear from the team about whether your application is eligible.
Panel discussion: If your application is eligible, it will be assessed by a panel of senior decision makers at the FCA.
Decision: You will be told whether your application has been accepted or rejected following the panel meeting. If your firm is accepted to test in the Sandbox, we’ll help you secure the tool you need for testing.
Application process
1
Apply online
2
Application assessment
(2-3 weeks)
More to come
convertible loan Note could be a practical solution for a growing company that is somewhat undervalued. It is an especially useful form of raising finance between rounds of capital investment. In particular, if your business is projected to grow, existing investors are keen to invest more, a convertible Loan Note may be the right financing for you. A convertible loan note often has zero or low interest rate, or where interest does accrue it is rolled up and converted into shares along with the principal amount (i.e. capitalised interest).