MIHL
MONTAGUE INTERNATIONAL HOLDING LTD
MONTAGUE INTERNATIONAL HOLDING LTD., (MIHL) is a multifaceted, rapidly evolving holding company with a strategic plan to develop a strong portfolio of companies that are poised for future growth. MIHL is developing a vertically integrated portfolio of solidcompanies built on sound fundamentals each focused on a distinct, niche market. This unique mix of companies, together with strong and experienced leadership, positions Montague International Holdings Ltd., for sustained growth.
MIHL Security Details Share Structure
| Market Value1 | $4,232,944 | a/o Dec 12, 2012 |
| Shares Outstanding | 755,882,931 | a/o Jul 31, 2012 |
| Float | 135,882,931 | a/o Jun 14, 2012 |
| Authorized Shares | 5,000,000,000 | a/o Sep 24, 2012 |
| Par Value | 0.001 |
Company officers
| Larisa Saltsova | CEO, President |
| Aleksandr Kladchenko | VP, Business Development |
| Yossi Harel | VP, Corp. Dev. |
| Robert Ringold | VP, Investor Rel., VP, Bus. Affairs, VP, Strategy |
| Miran Vrdoljak, | VP, Sales & Bus. Dev. |
| Gregory Malits | VP, Tech. Svcs. |
| Evgeni Husid | Advisor, Business Development, Consultant |
Recent Developments
MONTAGUE INTERNATIONAL HOLDING LTD. (MIHL) ANNOUNCES NEW MILESTONES
Jan 30, 2013
OTC Disclosure & News Service
Philadelphia, PA -
MIHL had announced today the following milestones:
- MIHL had acquired on January 28, 2013, 51% ownership in Sociedad Minera Baya of Lima Peru. Minera Baya owns and operates a gold mining project known as "El Rihon Prohiboto" in Peru with proven reserves of approximately 950 kilos of gold and significant potential of reserves for which conclusive studies will begin in the near future. Production of known reserves is estimated to begin within the next 6 months. This transaction is valued at US$60 million at today's gold prices.
- MIHL's wholly owned subsidiary Montague Global Investments Ltd., had filed an application for Broker/Dealer registration with FINRA.
- MIHL's wholly owned subsidiary MTG CONSOLIDATED INTERNATIONAL INVESTMENTS LLC had completed its registration with the State of Pennsylvania as Registered Investment Advisor. The Investment Advisor Subsidiary will begin to provide advisory services within the next 30 days. In addition, MIHL will now be able to file Regulation D for registration of its hedge fund subsidiary MTG CONSOLIDATED INVESTMENT FUND ONE LP. Regulation D is estimated to be filed within the next 30 days and begin operations.
- NEW CFO: Kira Kurgansky CPA had joins MIHL as its new CFO on February 1, 2013. Ms. Kurgansky is a graduate of Roosevelt University of Chicago and Northern Illinois University and holds a BS in Accounting and a Master's Degree in Baxter International, Inc. She has been a CPA licensed in the State of Illinois since 1997 and had worked for such firms as:
- Coopers & Lybrand, L.L.P
- Baxter International, Inc.
- Square D Company
- Abbott Laboratories
- FMC Technologies, Inc.
Ms. Kurgansky has significant and progressive experience in all aspects of compliance and tax planning for public company, including all Federal, State and Local tax filings, preparation of quarterly and annual tax provision and calculated current/deferred income tax liabilities under FAS 109. Her experience in compliance with Sarbanes-Oxley; Manufacturing Deduction under Sec. 199; M&E. is an invaluable addition to MIHL as a growing public company. Ms. Kurgansky had coordinated all tax reviews, audits, and projects with external tax auditors and consultants, reviewed estimated quarterly tax payments, federal and state extensions; led and managed Federal and State income tax audits.
On the international arena, Ms. Kurgansky had assisted in all aspects of international business subsidiary management and formation for her past employers, This included European, Canadian and Mexican cash repatriation and movements, foreign tax reduction planning involving such techniques as intercompany sales of assets, intercompany charges, management fees and tax havens.
Ms. Kurgansky has a specific interest in merger, acquisition and restructuring of the foreign subsidiaries. Her knowledge of preparation Foreign Tax Credit (Form 1118) and related schedules, preparation and review of Form 5471' s and 5472 for foreign affiliates, development strategies and responses to the foreign related IDRs, and maintaining earnings and profits calculation for the foreign subsidiaries and assistance to foreign subsidiaries with questions and other U.S. related reporting issues.
As per Larisa Saltsova the CEO of MIHL "Ms. Kurgansky brings the necessary knowledge and expertise to assist the company as it implements its business plan both domestically and abroad. On behalf of the Board of Directors and its shareholders MIHL welcomes Mr. Kurgansky to its team of professionals".
Ms. Kurgansky went on to add "I am excited about the opportunity that will allow me to use my skill both domestically and international and I would like to thank the Board of Directors of allowing me to join MIHL at this exciting stage of its development."
For more information or to schedule an interview please contact us at 215 774 1591 or via email at investorinfo@montagueholding.com
http://www.otcmarkets.com/stock/MIHL/news/MONTAGUE-INTERNATIONAL-HOLDING-LTD---MIHL--ANNOUNCES-NEW-MILESTONES?id=58051&b=y
MONTAGUE INTERNATIONAL HOLDING LTD. (MIHL) NEW DEVELOPMENTS |
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MIHL today announced today that it had finalized its registration with the National Futures Association as Commodities Pool Operator. This is significant step toward the development of MIHL Hedge Fund business. Additionally MIHL had announced the forming of a Broker /Dealer subsidiary Montague Global Investments Ltd. Robert Ringold VP of MIHL stated "our vertically integrated financial services group will work to serve the expanding financial markets and to bring to the investors new investment products and opportunities in both domestically and internationally"
MIHL continues to develop its oil refining business. To that end MIHL had entered into a Joint Venture agreement with Scientific Manufacturing Company 21 Century (OOO "NNP 21 Century") of Krasnoturinsk Russia to establish a manufacturing facility in the United State to modular crude oil refining plants with capacity ranging from 50,000 mt to 1 million metric tons. NNP 21 Century is a multifaceted holding company which consists of research and development, manufacturing, and installation subsidiaries specifically dedicated to bring to the market cutting edge technology developed by Russian scientist to meet the challenges of today's refining business. The equipment to be manufactured in the United States will allow for ecologically sound installations that will be able to use shale and oil sands derived crude as raw materials. The modular constructions allows for quick startup on limited budgets for companies that want to get into the refining business with easy expansion possibilities. MIHL will be the majority partner in the Joint Venture. The Managing Director of NNP 21 Century, Dr. Sergey Endaltsev stated "We are happy to be bringing new technology and jobs to the American Market in a venture with a vibrant and company such as MIHL". MIHL's CEO Larisa Saltsova went on to say "We are happy to be bringing an estimated 60 new jobs to the State of Pennsylvania and look forward to becoming a reliable partner and supplier in the growing domestic shale oil industry." The deal is valued at $12 million dollars.
For more information or to schedule an interview please contact us at 215 774 1591 or via email at investorinfo@montagueholding.com |
LINK:
http://ih.advfn.com/p.php?pid=nmona&article=55471988&symbol=MIHL | Montague International Holding Ltd. (MIHL) Announces Important Developments PHILADELPHIA, PA -- (Marketwire) -- 11/08/12 -- Montague International Holding Ltd. (PINKSHEETS: MIHL) had announced several important developments on its road map toward the goals set by the Board of Directors. MIHL had completed the acquisitions of SIA BIOIL and SIA KROKUS of Riga Latvia. The BIOIL, owner of Biodiesel refinery in Riga Latvia, had transferred to US Oil & Refining Co an MIHL (wholly owned subsidiary of MIHL) -- 90% of all outstanding shares in the company. The deal is valued at approximately US$8 million dollars. In addition, KROKUS, owner of several entertainment properties in Riga Latvia, had transferred 90% of all outstanding shares to MTG Consolidated Entertainment Inc. (a wholly owned subsidiary of MIHL) The deal is valued at approximately US$25 million dollars. MIHL welcomes the employees and management of SIA BiOil and SIA KROKUS to our company. Further MIHL had entered into a definitive Letter Of Intent to acquire 90% of SIA "ZELTA RASA NAMI" Reg#40103207460 of Riga Latvia. Zelta Rasa Nami is a prominent real estate development company with over US$200 million either in operation or under development. The deal is valued at $85 million and is expected to close in early 1st Qt. of 2013. Jelena Zakreka the Managing Director of Zelta Rasa Nami stated, "We are glad to be joining such a vibrant company as MIHL and look forward to becoming an MIHL company. In other developments, MIHL had announced the opening of the Riga, Latvia Office. According to Ms. Saltsova, CEO of MIHL, "Due to rapid development of our business in the Baltic Region and especially in Latvia we see this office as essential to MIHL expansion." Ms. Saltsova went on to welcome Mr. Olegs Demjanovs, the head of the Riga Office and MIHL Senior Vice President Eastern Europe. Mr. Demjanovs, a prominent Latvian Businessman with interests in the Energy and Real Estate sectors brings with him a vast network business contacts. Mr. Demjanovs said, "I feel very welcome by MIHL and I firmly believe that MIHL and its shareholders will benefit immensely from the business opportunities available in Latvia and the other Baltic Countries. I want to thank the Board of Directors in allowing me to join MIHL at this interesting junction." Add to Digg Bookmark with del.icio.us Add to Newsvine For more information or to schedule an interview please contact
Montague International Holding Ltd.
215 774 1591
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Source: Marketwire (November 8, 2012 - 4:37 PM EST)
News by QuoteMedia |
MONTAGUE INTERNATIONAL HOLDING LTD. (MIHL) ANNOUNCES NEW ACQUISITION
Oct 09, 2012
OTC Disclosure & News Service
Philadelphia, PA - October 9, 2012, Philadelphia PA - MIHL had announced today the signing of a Letter of Intent to acquire 50% ownership in Sociedad Minera Baya of Lima Peru.
Minera Baya owns and operates a gold mining project known as "El Rihon Prohiboto" in Peru with proven reserves of approximately 950 kilos of gold and significant potential of reserves that are yet to be
The deal is expected to close in 4th Quarter of 2012 and is valued based on today's market pricing for gold at approximately US$54 million dollars.
According to Mr. Vladislav Popov, Chairman of Minera Baya "We look forward to a close working relationship with Montague International Holding Ltd. in the development of our claim."
Ms. Saltsova, CEO of MIHL, went on to welcome Minera Baya to the MIHL family of companies by adding "Minera Baya is a welcome acquisition by MIHL and is our first step in developing a significant presence in Latin America."
Montague International Holding Ltd. (MIHL) Announces Milestones
Sep 28, 2012 13:49:57 (ET)
PHILADELPHIA, PA, Sep 28, 2012 (MARKETWIRE via COMTEX) -- MIHL (pinksheets:MIHL) has announced significant progress toward the revamping of its business model. According to Robert Ringold, Vice President, the company had CE Designation removed by OTC Markets by a successful filing the initial disclosure statement. OTC Markets (previously PINK SHEETS) has resumed real time quoting of the company stock. Furthermore, in order to facilitate better communication with the public, the company website ( www.montagueholding.com ) has gone live as of September 27, 2012.
Mr. Ringold further confirmed the filing of the Amended Certificate of Incorporation with the State of Oklahoma reducing the Authorized Shares Structure of the company from 20 billion to 5 billion shares. This development, according to Robert, should positively affect investor confidence reassuring them that no dilutions are being planned.
In other developments, MIHL President and Chairwoman, Larisa Saltsova, announced today that Letters of Intent have been signed with SIA BIOIL and SIA KROKUS of Riga Latvia. According to Ms. Saltsova these deals are just the beginning of the expansion planned by the management for MIHL to maximize shareholder values.
The BiOil, owner of Biodiesel refinery in Riga Latvia, had agreed to sell to MIHL 90% of all outstanding shares in the company. The deal is expected to close in 4th Quarter of 2012 and is valued at approximately US$8 million dollars.
MIHL also agreed to purchase 90% of all outstanding shares of KROKUS, owner of several entertainment properties in Riga Latvia. The deal is expected to close in the 4th Quarter of 2012 and is valued at approximately US$25 million dollars.
Ms. Saltsova added, "This is an excellent first step in our expansion into Europe. Latvia is a member of the European Union and has one of the more stable and developed economies in Europe. Latvian currency the LAT trades at approximately US$2 to L1. Latvia is expected to join the Euro sometime in 2014-2015. Working in Latvia opens the entire Baltic Region and the Russian markets to our company. We look forward to welcoming the employees and management of SIA BiOil and SIA KROKUS to our company."
For more information or to schedule an interview please contact us at 215 774 1591 or via email at investorinfo@montagueholding.com
MIHL Hedge fund Incorporated in Colorado
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Links and Contact Information
Company Website: http://www.montagueholding.com/index.html
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