Member Info for macnai

I always think that the Christmas period is a good time to buy shares because they usualy go up in January.
Unfortunately, I never seem to have any money left to buy any.

I have put TheCondorMan on Filter because he never has anything worthwhile or constructive to say.

CIC Capital Fund net site currently unavailable.
Maybe getting a makeover?
http://www.ciccapitalfund.com/

Thanks, Joe. Was using DuckDuck Go for my search so must use Google in the future.
Very nice web site. Tempted to go on one of their trips when CIC Capital floats.

Has anyone found any info about Pearl Adventure Holdings Ltd.
I did a search and all I found was a defunct Irish company.

Is sponsorship required for
all new listings on Toronto
Stock Exchange and TSX
Venture Exchange?
Not necessarily. Sponsorship by a Participating Organization of the Exchange
is often required to ensure an applicant meets minimum listing requirements.
However, the Exchanges have discretion to waive the sponsorship requirement
if the applicant is filing a full prospectus, completes a brokered financing
immediately before or concurrently with listing, meets certain profitability
tests, or satisfies other criteria. Graduates of TSX Venture Exchange to TSX may
also have the sponsorship requirement waived. Sponsorship by a Participating
Organization is not an ongoing relationship, but a onetime interaction that takes
place around the time of listing

I sent an email to Stuart asking if there was any news........His reply...........

"Thank you,

Extremely busy with with clients and we now hold significant client shares with some tradable on exchanges. We are receiving many requests for new clients and our business model is working exceptionally.

CIC Capital listing is in final reading with regulators and we will move soon to the exchange proofing. How long is really unto them as its best not to push to hard. Once the regulator and Exchange are fine we have to nominate a sponsor for the listing. That process will encompass first an application not to have a sponsor due to the non offering (not raising capital) and regulatory experience of the board. If sponsor is required the sponsor require full due diligence on every sentence in the prospectus. How long that takes really up to the law firm hired by the sponsor.

So that about it.

Kind Regards

Stuart J. Bromley
+86 136 0113 1912

https://jewishbusinessnews.com/2019/11/19/teddy-sagis-kape-acquires-a-us-company-for-128-million/

From Wikipedia.
"In 1996, the Swedish navy commissioned three Gotland-class submarines. On the surface, these boats are propelled by marine diesel engines. However, when submerged, they use a Stirling-driven generator developed by Swedish shipbuilder Kockums to recharge batteries and provide electrical power for propulsion.[39] A supply of liquid oxygen is carried to support burning of diesel fuel to power the engine. Stirling engines are also fitted to the Swedish Södermanland-class submarines, the Archer-class submarines in service in Singapore and, license-built by Kawasaki Heavy Industries for the Japanese Soryu-class submarines. In a submarine application, the Stirling engine offers the advantage of being exceptionally quiet when running.

The core component of micro combined heat and power (CHP) units can be formed by a Stirling cycle engine, as they are more efficient and safer than a comparable steam engine. By 2003, CHP units were being commercially installed in domestic applications.

By the turn of the millennium, Stirling engines were used in the dish version of Concentrated Solar Power systems. A mirrored dish similar to a very large satellite dish directs and concentrates sunlight onto a thermal receiver, which absorbs and collects the heat and using a fluid transfers it into the Stirling engine. The resulting mechanical power is then used to run a generator or alternator to produce electricity."

He looks to be a great asset to CIC Capital.
https://www.boughtonlaw.com/people/lawyers/david-toyoda/

https://chinachange.org/2018/11/08/signs-of-china-5-tightening-the-screws-on-chinas-foreign-reserves/

In the coming weeks, we will be seeking to open a bank account in Canada so that all future transactions will be conducted from that account. We have chosen Canada to minimize currency issues. This will make the FS more readable. CIC will continue to provide a simple cash flow summary that is easy and transparent to read.

Kindest Regards

Stuart J. Bromley
+86 136 0113 1912

Dear Ian,

I am pleased to provide an update on CIC Capital Ltd revenue and cash flow.

I have received a number of shareholder phone calls and the recently released third quarter financial results 30 Sep 2019 reflect our client activity.
The revenue both cash and shares summary is actually on the company’s web site:

Investors Tab “ Revenue Summary to 31 March 2020”

The link is as follows:

https://docs.wixstatic.com/ugd/a6bced_3b3ac87b6ec644238a2c56bbb4625bcd.pdf

Cash

All cash is deposited in the CIC Capital Fund Trust Account and is why the Q3 Financial statements are not clear on the cash position. The Revenue Summary shows cash received and cash invoiced. We are doing exceptionally well.

Client Shares

Our Investment Policy is clear, we do not account for any shares that is not trading on a stock exchange. Therefore we have only accounted for one client whom shares we can trade now for cash. All the other client shares are not account for in the financial statements (FS). The investment policy can be viewed on the web site www.CICCapital.com “Investors Tab”.

Shareholder Dividend
CIC Capital Ltd was very successful in listing CIC Gold Group Ltd in June 2015. The whole shareholder base was created as a dividend in specie to all shareholders (I refused the dividend in favour on minority shareholders). The majority shareholders received pro rata free shares (about 14% of their shareholding). CIC Gold traded at average 5.3 pence for three months with the hight share distribution to shares outstanding on the main market of the London Stock Exchange at 28 M share per month (1/3 of the total share outstanding). CIC Gold was just a shell and the market Cap was nearly GBP5.2 million pounds. This also set a record as to the highest value of a shell traded on a EU regulated market. Why is this important? Well the value was really nothing to do with CIC but to do with the recognition of the value of share distribution, basically you and our market maker.

This model of taking a little cash (so we are not left with our pants down if the client decides to change their mind) and shares.

Should CIC be successful in listing those clients then the share windfall and possible dividend like CIC Gold will be extremely positive. This is why I am always reachable, my mobile is on the website because you the owners of the company (shareholders) is really important to our client's shareholder list. By issuing client shares as a dividend we are creating their share list t so they can meet their listing obligation.

Other client may already be listed and again we may in part or full give them as a dividend to our shareholders.

Our current shares outstanding will never increase because we can generate all the cash we need, our prospectus is not raising any capital.

I received my electronic share certificates from Stuart but my CIC shares are still listed in my account at Barclays.
Barclays has my account valued at 15 pounds so I do not pay any fees.
I am not allowed to buy shares only sell as I am now a foreigner.
They also canceled my Barclaycard but they are still allowing me to have a current account.

5. An agreement dated October 15, 2019 the Company and Innovative Medicine Ltd. (“Innovative”) pursuant to which the Company agrees to provide advisory services to Innovative to enable a direct listing on the TSX-V in consideration for of an advisory fee of cash US$130,000 (approx. CAD$171,600) and the issue of US$900,000 in shares (approx. 6,000,000 shares) less than 20% of average trading price post admission in Innovative to the Company (“Advisory Shares”).

6. An agreement dated August 29, 2019, the Company and Innovative Medicine Ltd. (“Innovative”) pursuant to which the Company agrees to provide advisory services to Innovative to enable the establishment of a Luxembourg Securitisation company compartment specific use by Innovative to raise up to €90,000,000 with the first note raising €10,000,000 in consideration of an advisory fees to be satisfied by the issue of 30,000 Common Shares in Innovative to the Company (“Advisory Shares”), Euro €8.700 in cash and Securitisation compartment management fee of 4.2% of value of note issued for the life of the securitisation compartment and company. The Company is not conducting the capital raising rather by introduction to regulated sponsors. No commissions are being charged by the Company on any capital raisings. Each Luxembourg Securitisation companies has seven separate compartments to which a separate illiquid asset can be assigned.

7. An agreement dated October 15, 2019 the Company and Securlinx Biometrics Ltd. (“Securlinx”) pursuant to which the Company agrees to provide advisory services to Securlinx to enable a direct listing on the TSX-V in consideration for of an advisory fee of cash US$130,000 (approx. CAD$171,600) and the issue of US$900,000 in shares (approx. 6,000,000 shares) less than 20% of average trading price post admission in Innovative to the Company (“Advisory Shares”).

8. Escrow Agreement among the Issuer, Capital Transfer and Stuart J. Bromley, Robert Rhodes, Li Hongguang and Terence Larkan made as of August 28, 2019 referred to under “Escrowed Common Shares”.

9. On August 27 August 2019, the Company entered into a relationship agreement with Stuart J. Bromley whereby he agreed that all transactions and relationships between him and his affiliates on the one hand and the Company or any member of the Group on the other will be conducted on terms which allow the Company and the Group to carry on business independently, and all such transactions and relationships will be at arm’s length and on a normal commercial basis. Further he agreed not to exercise, and to procure that his affiliates did not exercise, any voting rights in relation to his interests in Common Shares. The agreement binds him for as long as he and his affiliates respectively together hold five (5) per cent. or more of the issued share capital of the Company.Ian

Dear

We will be filing the updated prospectus with the following client agreements detail below. No a related to CIC and all are non Chinese rather a global mix. I got another 29 companies seeking our advisory model so its rather insane. Securlinx is industry distributive technology as they have developed with US and UK agencies view bionics (read you body key arteries). Innovative Medicine Ltd. is also distributive medical surgical technology and the team is world leaders in their field.

Kind Regards

Stuart J. Bromley
+86 136 0113 1912

1. An agreement dated August 8, 2019, the Company and Detroit Energy Group Holdings Ltd. (“DEG”) pursuant to which the Company agrees to provide advisory services to DEG to enable a direct listing on the NASDAQ in consideration of an advisory fees to be satisfied by the issue of seventy-five thousand Common Shares in DEG to the Company (“Advisory Shares”) and US$180,000 in cash.

2. An agreement dated August 29, 2019, the Company and Detroit Energy Group Holdings Ltd. (“DEG”) pursuant to which the Company agrees to provide advisory services to DEG to enable the establishment of a Luxembourg Securitisation company compartment specific use by DEG to raise up to €200,000,000 with the first note raising €30,000,000 in consideration of an advisory fees to be satisfied by the issue of 22,000 Common Shares in DEG to the Company (“Advisory Shares”), Euro €38,000 in cash and Securitisation compartment management fee of 4.2% of value of note issued for the life of the securitisation compartment and company. The Company is not conducting the capital raising rather by introduction to regulated sponsors. No commissions are being charged by the Company on any capital raisings. Each Luxembourg Securitisation companies has seven separate compartments to which a separate illiquid asset can be assigned.

3. An agreement dated August 29, 2019, the Company and Intosol Holdings Ltd. (“Intosol”) pursuant to which the Company agrees to provide advisory services to Intosol to enable increased share distribution on regulated stock exchanges to which their shares are listed in consideration of an advisory fees to be satisfied by the payment of $51,200 in cash and the issue of seven hundred and fifty thousand (950,000) Common Shares with a full warrant exercisable at 32 UK pence on or before 31 December 2022 in Intosol to the Company (“Advisory Shares”).

4. An agreement dated August 27, 2019 the Company and Pearl Investment Holdings Ltd. (“Pearl”) pursuant to which the Company agrees to provide advisory services to Pearl to enable a direct listing on the TSX-V in consideration for of an advisory fee of cash US$130,000 (approx. CAD$171,600) and the issue of US$400,000 in shares less than 20% of average trading price post admission in Pearl to the Company (“Advisory Shares”).

5. An agreement dated October 15, 2019 the Company and Innovative Medicine Ltd. (“Innovative”) pursuant

THE $2,193,776 was the forgiveness of debt by CIC Fund. I would have preferred that was listed separately on the accounts as it creates confusion.

After a more detailed look at the 3 months results for 2019 and removing the $2,193,776.... I came up with earnings of $417060 or just under 1 cent a share eps.
If they can keep this up for a full 12 months that comes to earnings of $1,668,240 or 3.8 cents a share eps.
With a price to earnings of 10 would equal a share price of 38 cents which is still a nice number.
Please let me know if my sums are wrong.

Six cents a share earnings for three months!
So are we looking at earnings of 10 cents plus a share for the full year?
Do not forget the 1 for 10 share consolidation.

Filthy Rich Hong Kongers moving to Canada. (Don't fancy the UK because of Brexit?)
https://business.financialpost.com/personal-finance/high-net-worth/the-wealthy-are-fleeing-hong-kong-and-bypassing-the-u-s-to-come-to-canada-instead