Member Info for mrJimV

Well I think Germany will stop us flying there now , we really have wound them up now lol

Metom , if you check the chart it is only swinging a few pence each way , folk are still buying in so just a bit of patience . bit of good news this will jump fast .

cw , true but the airport is opening there , Thailand was all shut up but now they have trained all there airport staff ready to reopen , many tourist go there from all over the world , UK only plays a small part .

Asia opening up now , Thailand getting ready July , long distant flying is Key .https://bit.ly/35T4qkO

The world is getting the vaccine out faster now , it seems they are all competing against each other now to get the vaccine out , Boris has got an agreement at the G7 meeting to help the poorer countries with a billion vaccines for free , the world needs to get the virus gone and slowly now everywhere is starting to open up .

Hi jimster , I would steer clear of small trader providers ones with under billion quids worth of holdings , I am more careful since Beaufort Securites went bad and got folded by the FCA , I prefer pay a bit more maybe with a trade and sleep well at night , Hargreaves Lansdown are good and hold 82 billion assets , Barclays are good but I think only for UK trading now ,

Fancy putting rubbish on the bb , everyone who invests to a reasonable standard does not read stuff MF puts out ,

not a bad finish , but some may of missed the boat if it doesn`t drop back tomorrow

south , wait , a lot of profit has been had , there is talk that profits are going to be higher this coming quarter and maybe even bigger div on next issue , buy on the lows but it is not going so low as some think .

Hi folks can you put me down 48.45 , Cheers

SUFCESSEX , reminds of that song , The Only Way Is UP !!!!!!!!!.

heardy to sort out the rubbish into the oceans best speak to India , i have seen video clips of their dust carts pulling upto bays and tipping the rubbish straight into the sea , truck after truck day in day out , still going on today .

wouldn`t want to be out to quick in Lloyds , good chance this is ready to head to 50p easy . lot of folk watching Lloyds and have started to take a position , a lot of good factors not to just mention divi`s are back

Garry Graham , I used to chat to the old CEO The late Alan Burns , he was pretty sure in hitting oil it is more of a problem getting the Bahamian govt to let them drill , but time will tell which way the drill goes

Prospect- , all shares have a risk but some can be life changing ,BPC hit oil there will be a lot of happy people of course it could go the other way but they have the other operations to keep going

A lot of research has been done predrill for years because the area was so sensitive BPC has taken a lot of effort more than usual to hit the right spot for oil , even in the days of CEO Alan Burns they were sure the oil was there over 10 years ago , a lot of money has been put to good use to make sure they hit oil .

SP will turn soon ,
A lot of people are on the fence watching ,soon the negative posters will be holding they are only trying to dip the SP

CIC Capital Fund Ltd is a registered Luxembourg securitisation Société anonyme corporation. Established in January, 2020 under Luxembourg law dated 22 March 2004 on securitisation (Loi du 22 mars 2004 relative à la titrisation, telle que modifiée). Securitisation is the pooling of various illiquid assets and financing the acquisition of these pooled assets with the issuance of securities. The company holds seven separate compartments that allow for seven different securitisation transactions(organisme de titrisation) within the meaning of the Securitisation Law, undertakings which carry out the Securitisation in full, and undertakings which participate in such a transactions by assuming all or part of the securitised risks.





Directors:

Mrs. Zamyra H. Cammans - Luxembourg

Mrs. Sheena E. Gill - Luxembourg

Mrs. Meenakshi M. Ramassur - Luxembourg

Securitisation Principal: Stuart J. Bromley - UK

Accounting Year: 30 April





Summery of Operations

CIC Fund Securitisation commenced operation in February 2020. The company focused on medical science and technology companies that were processing patent applications (“IP”) that needed to raise capital by debt notes of plus Euro 30,000,000. The company has entered into a number of client agreements, and one client company has been transferred to a specific securitisation compartment as primary security against a EURO 30,000,000 debt not fully raised. A second security against the debt notes should the patent applications be rejected, is the requirement for the client to be a regulated public issuer. The public listing is conducted separately by CIC Capital Ltd.

The company charges no capital raising commissions. Each client agreement will deliver a 4.2% administration fee on debt finance (funds that are drawn down), cash and shares in the client company. CIC Fund Securitisation will be taking on three more clients in the coming months and is currently experiencing a high demand from potential clients. The company is cash positive from revenues and has expanded its human resources in Luxembourg and the U.K. to maintain high standards.

CIC Capital Fund Ltd is a Canadian regulated public closed-end fund. The company ceased normal investing activities following a world wide shift by fund companies to more friendly jurisdictions in particular Luxembourg. In 2018, the year of change for the securitisation business in Luxembourg and Europe, when securitisation transactions could take place without being directly subject to European regulation. This has a major impact on CIC Fund requiring significant adjustment. The company as a regulated issuer and maintains corporate activities as detailed in the summery of operations.






Directors:

Li Hongguang (Kevin) - China

Trustee Mark A. Brockhurst - Australia





Summery of Operations

CIC Capital Fund has ceased any investment activity due to investment fund providers, directing their capital to funds operating in the EU, in particular, Luxembourg and Frankfurt which offer a friendly jurisdiction with a significant change to regulatory statutes making a Canadian domicile less attractive. Recently announced JP Morgan moved US$230 Billion in fund assets to Frankfurt, Germany. Tax rates in Luxembourg in particular are 0% on share dividends and 17% corporate tax rate on income. CIC Capital Fund needs to be flexible to move or change business strategies to remain relevant.

All convertible loans provided by the company as part of its investment strategy have been with paid back or cancelled in 2019. CIC Fund maintains trust accounts for client companies but is not defined as a Trust Company. The company history dates back to 2003 being one of the first issuers on the Canadian Stock Exchange and from 2011 trading on the AIM market of the London Stock Exchange (delisted July 2015). The company is not currently trading on any stock exchange and is likely to remain un-listed but maintaining its regulatory status as a public issuer. There are no long term plans to re-admit the company to trading is planned, but a long term view is being studied. One of its principal assets is its shareholder database being 97% regulated funds and high net worth shareholders. In November 2020, the company agreed to provide to a client, its shareholder database subject to specific regulations concerning the use of such information to provide client companies going public, the required shareholder base as part of listing policies as a dividend in Specie to shareholders of CIC Fund at the cost of Euro 120,000 (funds received) The company expects three more clients (non-related to CIC) to enter into similar agreements before the end of this fiscal year. This will provide the company's shareholders tradable shares in those client companies as was the case with CIC Gold and in the future CIC Capital. The company will focus on specialist investment type transactions to the benefit of all shareholders.

The Company was established to seek acquisition opportunities in the gold sector. The Company focus is on acquisitions of gold mineral assets that are located in known major gold regions, close to major producing mines and have strong technical evidence of major gold potential.






Directors:

Kevin Holley - Australia (Chairman)

Graham Fyfe - Australia

HE Barsbold Ulambayar - Mongolia (CEO)

Li Jinliang - UK (CFO)

2 to 2 independant directors





Summery of Operations

CIC Gold listed on the regulated market of the Main Board of the London Stock Exchange (LSE) in July 2015 as a "shell company". Post admission CIC Gold traded VWAP 28 million shares per month (total share outstanding 101 million), approx 1/3 of the company share capital making the company one of the highest trading volumes of a shell company on the LSE. The shareholder base was created as a dividend in Specie to CIC Capital Fund shareholders (approx 14% of their holding as a dividend in CIC Gold shares). In Sep 2015, the company entered into a share purchase agreement (SPA) to acquire a majority interest in a gold mineral lease Alan Tobchi in the Gobi area of Mongolia adjacent to a significant producing mine operation. The SPA agreement was conditional on readmission. The owners of the mineral title are Stuart J. Bromley and HE Barsbold. The adjacent mine was in production by way of a US$320 million processing plant and expected to run out of ore in 2025, making Altan Tobchi an essential acquisition. In 2019, The company changed the seat form Seychelles to that of a Canadian provincial (BC) company to facilitate future readmission to a regulated market.

CIC Gold in previous modes was responsible for the first stability agreements in Mongolia in 2000 Boroo Gold, also the first in China in 2003 Lixian Gold Project. Boroo Gold was acquired by Centerra Gold and went into production processing 22 tonnes of gold before being mined out. Lixian Gold mine was sold to Chinas leading gold mine producer and still in production producing today producing 19 tonnes of gold.

The company at the time of delisting on the LSE in 2015 had US$980,000 cash in the bank and remains unchanged today. There are no current plans to have the company re-admitted to trading in the short term. The Company's Board is likely to focus on readmission mid-2021 and to review the company focus.