Member Info for Jarv55

It is pretty obvious to me using the word pipe (pipeline) that they already have several leads it is going to be interesting to see if they have several small contracts or one big one or a mixture of both.

Chairman Gobind Sahney commented:

"We are pleased to have received such good support from our corporate brokers as well as both new and existing shareholders in completing this placing. These proceeds will be used to achieve certain service contracts which will strengthen our market position, product offering and investor relevance. Â We are now positioned to accelerate our business development pipe and are excited about the growth prospects of the Group in the near term."

Alpha Growth has today issued, conditional on admission, 20,000,000 new ordinary shares of 0.1p each (the "Placing Shares") at a placing price of 2p per Placing Share. The Placing Shares will, when issued, rank pari passu in all respects with the existing ordinary shares. An application will be made for the Placing Shares to be admitted to trading and admission is expected to take place on or around 1st October 2018.

The net proceeds of the Placing will strengthen the Company's cash position as it unfolds its business plan to become a leading longevity asset manager in US life settlements. The proceeds will be used to accelerate the expansion of Alpha's recently announced acquisition of Alpha Longevity Management Ltd ("ALM"). ALM is a British Virgin Island Financial Services Commission (the "FSC") licensed investment manager. The expansion includes the acquisition of specialist services and retention of experts as well as support staff that will give the Group the ability to scale up and deliver full suite of services and financial products in demand by clients in this sector. Alpha is well positioned to take advantage of the demand for life settlements and the resulting increase in the specialisation of managing these assets.

The Company is also pleased to announce that Chief Operating Officer, Danny Swick, has subscribed for 750,000 of the placing shares on the same terms as above. Mr. Swick's previous holding was nil (being 0% of the Company's issued share capital), and so this subscription takes his holding, immediately after admission of the placing shares, to a total of 750,000, being 0.59% of the enlarged issued share capital of the Company.

At a guess I would say that Novum placees are selling might be wrong of course

Goldgirl agree.

Will be interesting to see if we can break 2.20 today https://invst.ly/8qkft

Some nice buys there

Morlich think we all agree we prefer quiet and sensible debate to ramping. Just waiting for the first contract to land.

Sadly still have a few of these it is like musical chairs wonder who goes on the board next.

John Zorbas: Personal Network.........Kyle Appleby NWT Uranium Corp Mercom Capital PLC David Subotic URU Metals Ltd NWT Uranium Corp David H. Tsubouchi NWT Uranium Corp Henry J. Kloepper NWT Uranium Corp Jay Vieira URU Metals Ltd Jing Peng NWT Uranium Corp Simon Jeremy Fry Mercom Capital PLC Jean-Pascal Tranié Mercom Capital PLC Felipe Simonsen Mercom Capital PLC Stuart Davies Mercom Capital PLC

LongSnoot always good to get some balance James calm down its not a race

Maybe its clearing the last of the placees?

Nice to see the FF going into sticky hands.

Dman great explanation sums it up well. The interesting part for me is the educational side Get the endangered species exhibit into the National Curriculum in China and America and then you have fixed revenues.

Some one is buying in 250k clips

The efforts to increase supply are already paying dividends as is demonstrated by the results of a recent survey conducted by the industry publication The Deal. This showed that the number of policies traded on the secondary market in 2016 had increased by 47% since 2015. The amount of face amount traded increased by only 30% - which highlights the fact that the number of smaller policies being traded is increasing as the market becomes more efficient. This growth in supply has continued into 2017.

http://www.slinvest.co.uk/sl-perspectives/life-settlements-in-high-demand-and-supply-volumes-growing/

More capital and a similar boost to supply in the US Life Settlement market can only be good for future growth in this exciting asset class.

Good article posted by Elucid on advfn
The market is still young, but has evolved significantly over the last decade and is now much more attractive to investors. There is greater regulation, most of the bad actors have gone and life expectancy underwriters now have more experience with the life settlement cohort and many are more realistic in their assessments of the insured individuals. In addition there is now a well established tertiary market where policies can be traded quickly on an individual or bulk basis, providing reassurance to investors concerned about liquidity. As a result of the cash inflows competition for policies has increased and achievable yields have been squeezed but policies can still be picked up at projected double digit IRRs. After management and servicing costs have been deducted, a projected investor return of between 9% and 11% per annum is not unreasonable to expect - and is significantly better than the yields that traditional investments are likely to produce at present.

Increased demand for policies has encouraged brokers and providers to look for ways to grow supply via advertisements on TV and radio, e-mail campaigns and marketing events. In addition, many providers are attempting to go direct to the policy seller, thereby reducing intermediary fees and potentially increasing the amount of cases that are eligible for life settlements. The baby boomer generation is now heading into their 70s and it is important that they are made aware that they can sell their policies rather than lapsing or surrendering them to the insurance companies for much less than they are worth. Some US states have introduced laws that require insurance companies to inform policyholders that they have alternative options if they are considering lapsing or surrendering, and further states have similar laws under consideration.

Such a law was introduced in the UK Traded Endowment Policy (TEP) market in 2002 and led to a significant increase in public awareness; and a considerable increase in supply of policies to the market. SL estimates that the impact on policy supply through direct referral agreements with UK Life Companies was an increase of over 30% (*); and this excluded additional, non measurable enhancements to supply due to general policy holder awareness; for example from Life Companies without direct referral arrangements with the market. Whilst there is unlikely to be any direct referral from insurers in the US, a life settlement normally offers a significantly higher premium to surrender value than the 5-10% average achieved by TEP sellers, making policyholders even more likely to choose the alternative to surrendering.

VCB2 the ramping comment wasn't aimed at you specifically we all get carried away sometimes when we think an investment will do well (myself included) especially as the price is rising. Elucid if you are invested here think you need to chill and see what unfolds here. No need to throw insults around. I am personally looking forward to seeing the company being built up think it could be a great growth story.

Now now children please don't turn this bb into a war zone. First point I was disappointed in the amount Swick took in the placing I hope to see him buy more on the open market. I would like to see the share register updated to see exactly what ff there is. Thirdly I have it on good authority that Swick will be flying in on the 24th hopefully he is here to complete business and do an interview. Would like to hear from him about his future plans for Algw, he has an impressive resume and more contacts than you can shake a stick at. Not too worried on the size of the first contract and agree some of the numbers being bandied about seem a little unrealistic but we shall see. Lets get the first contract over the line and then we can all do some research at the moment there isn't much to go on. Elucid I think VCB2 has bought a fair few, don't agree with the excessive ramping as I really don't think there is any need for it, the numbers will do the talking, but it would be far better for this bb if you could both bury the hatchet and try and get along.

Max I was in Pyc on that run I can honestly say you can't compare the two companies

Looking good going into close https://invst.ly/8o2ux