Cooperate Update June 202122 Oct 2021 15:33
Stuart sent me this on 7th June (I could only copy the text )
I hope I am wrong about my earlier assumptions.
CORPORATE UPDATE REVENUE JUNE 7, 2021
Our team delivers a high level of transaction advisory expertise based on multi-jurisdictional business experience over many years, integrated with long-term strategic outcomes paid in the majority, in equity in client companies based on success.
Directors
Robert Rhodes - Australia (Chairman)
Terrance Larkan - Australia
David Toyoda - Canada
Inge Leutscher - Geneva
Li Honnguang - China
Stuart J. Bromley - UK (CEO)
5 to 1 indépendant directors
Revenue Summery
CIC Capital started providing transaction advisory services from February 2019. All client engagements are by referrals from law firms, audit firms, regulated fund managers and regulators. CIC Capital does not market its transaction services.
Revenue is earned in five main Transaction Advisory services by client:-
Equity in client entity in the form of common voting shares;
Warrant for every share earned;
Cash at minimum ten percent (10%) of total value of Transaction Advisory - average US$160,000 to $380,000;
Additional client needs namely marketing, legals, litigation, dynamic media etc; and
Post trading by the client on market buying agreement US$140,000 per transaction;
CIC Capital on average earns US$1,400,000 per client. Income is greatly enhance by holding client shares for a period when client cash flow are assets increase over time.
CIC Capital revenue since January 1, 2020 to date is cash $1,650,000. Tradable shares of stock exchange US$550,000. Non tradable share value to date conservative US$23,000,000 (not reflected in financial statement unless actually trading).
Our focus
CIC Capital mainly services clients undergoing securitisation (www.Securitisation.com) particularly in medical technologies or high technologies.
Share Register
Despite being a non regulated entity CIC Capital has appointed AST share registrar (regulated entity) at a cost of US$650.00 per month since inception. CIC Capital has engaged auditors to review all share dealings to ensure no self dealing in shares, warrants or options. CIC Capital is unaware of shareholder details if their shareholding is held through a broker or nominee unless the beneficiary makes themselves known through contacting the Company.
Corporate Governance
CIC Capital has instituted a comprehensive Corporate Governance Manual to which all directors, management and staff must sign on an annual basis.
www.CICCapital.com Stuart J. Bromley +44 (0) 731 14 000 14
Key service organisations:
PACIFIC STAR CORPORATE FINANCE LAW
CIC Capital Fund Ltd is a registered Luxembourg securitisation S
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