George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Joe......please provide us with a list of directors and the source of your information about this pharma company.
TODAY
NOTICE IS HEREBY GIVEN that a special general meeting (the “Meeting”) of the shareholders of CIC Capital Ltd. (the “Corporation”) will be held by proxy voting at 08:30 a.m. (Vancouver time) on Tuesday, June 15, 2021 for the following purposes: 1. to re-elect directors and determine the number of directors at six (6); 2. to appoint auditors and to authorize the directors to fix their remuneration; 3. to consider and, if thought appropriate, to pass, with or without variation, a resolution of the shareholders in respect to this Corporation's strategy and focus; and 4. to consider and, if thought appropriate, to pass, with or without variation, a resolution of the shareholders confirming and ratifying all previous resolutions, acts, proceedings and deeds of the Directors of the Corporation; 5. the Board and Management is requesting that the shareholders of the Corporation authorise the Directors to defer any public listing until there is measurable assets of at least CAD$15,000,000 or at their discretion; and 6. to transact such further or other business as may properly come before the Meeting or any adjournment or adjournments thereof.
Hi Stuart,
Will you be sending out newly updated share certificates?
Has CIC Capital Fund been closed down and I now own shares in CIC Securitisation S.A.?
Are Securlinx, InnoMed Tech, Pearl Adventure, and Intosol still clients?
What has happened to CIC Gold?
Kind Regards ???
Ian,
CIC Securitisation SA is a indépendant CIC entity. To establish a Luxembourg Securitisation entity and gain approve is a multi million Euro expense. The exercise took a number of years and was a very high risk exercise. It had to be funded by privately due to the risk.
We have completed Securlinx, Intosol and Pearl which are small. We are undertaking quite a few large client which I will to name and remain silent on their request.
On new certificates, CIC will advise at a later date.
Kind Regards
Stuart J. Bromley
So........what of CIC Capital Fund and CIC Gold?
Are we left with just CIC Capital?
What happened to all the assets owned by the old CIC and the reason we bought shares in the first place?
I don't know whether to bother voting because he will just go and do whatever he wants anyway and we have no real say in what happens next.
Monday 31st is not a bank holiday in Canada.
Look on Sedar for an update.
https://sedar.com/new_docs/new_en.htm
Hope Springs Eternal.
The Can is Getting Rusty.
Just sent this email to Stuart.........................
Hi Stuart,
When do you expect to have the revenue summary to January 31st on the CIC Capital net site?
Are we going to get some kind of info on the progress of the CIC companies?
Hope you are well and I look forward to hearing from you.
Kind Regards.................................
And I received this reply from Stuart
Thanks Ian,
We will issue a update for CIC Group Companies on Monday 31 May 2021.
The financial statement for CIC Capital is under consideration but likely we will issue a two year audited 31 Dec 2021. This is some time off but allows for client revenue to be reflected.
Kind Regards
Stuart J. Bromley
The CIC Capital Fund ..........Angel Funding Group site looks to have been updated.
http://www.cicangel.com/index.html
Click on the CIC Fund website and you now go to CIC Securitisation S.A.
https://www.securitisation.com/
Info about how they do it and what it costs etc.
I hope they have been able to rustle up some business.
Poet Technologies PTK.V
Goldspot Discoveries SPOT.V
My portfolio now contains only two listed stocks. Both listed in Canada
From The London Times:
A Well-Planned Retirement
Outside England ’s Bristol Zoo there is a parking lot for 150 cars and 8 buses. For 25 years, its parking fees were managed by a very pleasant attendant....The fees for cars ($1.40),for buses (about $7).
Then, one day, after 25 solid years of never missing a day of work, he just didn't show up; so the zoo management called the city council and asked it to send them another parking agent. The council did some research and replied that the parking lot was the zoo's own responsibility. The zoo advised the council that the attendant was a city employee.
The city council responded that the lot attendant had never been on the city payroll.
Meanwhile, sitting in his villa somewhere on the coast of Spain, or France, or Italy, is a man who'd apparently had a ticket booth installed completely on his own and then had simply begun to show up every day, commencing to collect and keep the parking fees, estimated at about $560 per day -- for 25 years. Assuming 7 days a week, this amounts to just over $7 million dollars ......and no one even knows his name.
Found this old CIC Resources news on my computer.
Does anyone know what became of this asset?
"CIC Mining earns interest in gold concessions
17 November 2010 | 14:14pm
StockMarketWire.com - CIC Mining Resources has earned interests in significant gold concessions following a deal with Japanese Eco Energy Group's African subsidiary, Eco Project Co.
CIC Mining Resources will provide technical, legal, strategic and commercial advice on Eco Project Co's gold exploration concessions in the Twangiza-Namoya gold belt in the Congo.
It will also help in the selection of other suitable third party advisers where needed and assist in introducing leading Chinese gold miners to build and fund the project.
Eco Energy has four gold exploration concessions - PR5886, PR6565, PR5277 and PR12102 - covering a combined area of 1818 square kilometres in the Twangiza-Namoya gold belt which is next to the Banro Corporation lease concessions.
Banro Corporation is a Canadian-based gold exploration and development company with four wholly-owned properties, each with mining licences, along the Twangiza-Namoya gold belt.
Banro Corporation has so far identified 6.72 million ounces of measured and indicated resources, plus inferred resources of 4.46 million ounces.
CIC Mining Resources now holds a 48% interest in Eco Energy and has the exclusive right to facilitate a future public listing.
Story provided by StockMarketWire.com
CIC Gold could be sitting on 10 MILLION oz of Gold and it looks like we will never know because as far as we know no one has done any prospecting on the property for a long time. Not sure how many years now as I have lost track of time.
The only way they will attract new clients is to have a successful track record and a stock listing for CIC Capital.
The new issue market in the US, in particular, is red hot and we are missing out big time.
Just had a quick look at the client companies that we know about.
Did not find anything new about plans to float etc.
https://www.intosolholdingsplc.com/wp/
https://securlinx.com/about-us/
https://innovativemedicine.com/
https://pearlislandbahamas.com/
This morning I sent Stuart an email asking about progress and five minutes later I received this reply.
Thank you for the email,
CIC Capital Ltd prospectus is largely approved. We are only required to process the prospectus through stock exchange.
The Board of CIC Capital along with 6 major funds wish to wait until one or more clients revenue has a material impact of the probable share value of CIC Capital.
Share value is simple, basically cash in the bank divided by number of shares.
Due to the client companies not only going through securitisation funding (www.Secucritisation.com) plus a listing on regulated stock exchange, CIC can not disclose to the public any time lines or the transaction details.
I am being as open and straight as allowable.
Kind Regards
Stuart J. Bromley
If you like SYME take a look at https://www.humblpay.com/
TSNPD on the US Pinksheets.
While I hope the CIC Companies will reach some measure of success someday my hope is slowly withering away.
I cannot help feeling that Stuart is keeping the companies alive for his own selfish reasons and has no interest in the welfare of the shareholders.
Some new go-getting people need to be attracted to work for the CIC companies but I am afraid that there is nothing much there to attract them.
And to share listing on a stock exchange. I think the US Pinksheets may work for a listing.
What happened to all the China-related shareholdings?
What about the property that CIC Gold may own in Mongolia?
bide your time
be patient
cool your heels
hold back
hold off
play the waiting game
twiddle your thumbs
wait hang
bide one's time
hold your horses
sweat it
twiddle one's thumbs
hang on
pass the time
sit tight
hold one's breath
hold everything
mark time
put on hold
waste time
lie low look forward
kill time
await
stand by
keep shirt on
rest cool it
Can we expect a performance like Plug Power (PLUG) on the Nasdaq market when CIC Capital is listed?
The outlook for the future is what gets shares moving up. Nice to also have cash.
"The 4Q results are with the auditors"
Why are they taking so long? This is not a large complex company.
Your excuses seem very lame. Most other companies are coping very well with the present conditions.
I suppose the prospectus will have to be rewritten as so much has changed with the company what with the much-expanded customer list..........I HOPE.
Thank you Joe.......I hope you are right.