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Freedom Holding Corp. (FRHC)

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Last Post: 11/18/2017 6:51:38 AM - Followers: 67 - Board type: Free - Posts Today: 0

 

http://ffin.ru/bitrix/templates/duntonse2011/images/logo_ffin.gif

FREEDOM HOLDING CORP

 

$FRHC

Share Structure:

Authorized Shares: 500,000,000
Outstanding Shares: 48,537,233 (updated per TA on 11-14-17)
Restricted Shares: 47,176,447
Float: 1,360,786


A description of business (from the 10-Q 11/14/2017)

Freedom Holding Corp. is a Nevada corporation (“FRHC”) and was formerly known as BMB Munai, Inc. In 2015, FRHC entered into a Share Exchange and Acquisition Agreement with Timur Turlov (the “Acquisition Agreement”) to acquire several businesses owned by Timur Turlov in exchange for controlling interest in FRHC. As the acquisitions are completed these businesses have become operating subsidiaries of FRHC. FRHC is building an international brokerage, banking, and financial services firm to meet the demand of a growing number of investors in Russia and Kazakhstan that desire financial services integration and greater access to the financial opportunities, relative stability, and integrity of the U.S. securities markets.
 
Pursuant to the Acquisition Agreement, FRHC acquired FFIN Securities, Inc., a Nevada corporation, (“FFIN”) from Timur Turlov and controlling interest in FRHC was transferred to him. FFIN was established to create or acquire a registered broker-dealer in the United States. At the same time, FRHC began upgrading the financial reporting capabilities of its foreign acquisition candidates to meet the regulatory standards imposed upon FRHC as an SEC registrant and pursuing the governmental approvals to permit FRHC ownership of the acquisition candidates.
 
In June 2017, FRHC closed the acquisition of LLC Investment Company Freedom Finance, a Russian limited liability company (“Freedom RU”) as a wholly owned subsidiary, which included three wholly owned operating subsidiaries, including JSC Freedom Finance, a Kazakhstan joint stock company (“Freedom KZ”), LLC First Stock Store, a Russian limited liability company (“Freedom 24”) and LLC FFIN Bank, a Russian limited liability company (“FFIN Bank”). Freedom RU also maintains a representative office in Kazakhstan, referred to herein as “KZ Branch.” In 2017, FFIN decided to delay application for broker-dealer registration in the United States until such time as FRHC completes integration of its foreign operating subsidiaries.
 
Subsequent to the quarter end, in November 2017, we received final regulatory approval to complete the acquisition of FFINEU Investments Limited, a Cyprus limited company (“Freedom CY”) and closed the acquisition of Freedom CY on November 10, 2017. We also entered into an agreement to acquire LLC Freedom Finance Ukraine, a Ukranian limited liability company (“Freedom UA”), subject to receipt of required regulatory approvals.
 
 

 

Timur Turlov & Co...arrived in the USA for completion of acquisition  September 2017


 
Follow CEO Timur Turlov on Instagram!

On November 23, 2015, BMBM and Timur Turlov entered into the Acquisition Agreement, by which BMBM acquired FFIN, in exchange for 224,551,913 shares of BMBM’s common stock, which constituted approximately 80.1% of its 280,339,467 shares of issued and outstanding common stock after giving effect to such acquisition.

On June 29, 2017, BMBM closed the acquisition of LLC Investment Company Freedom Finance (Russia) (“Freedom RU”). The acquisition of Freedom RU included the securities brokerage and financial services business conducted by it in Russia, along with its wholly owned subsidiaries: JSC Freedom Finance (Kazakhstan) (“Freedom KZ”), and the securities brokerage and financial services business conducted by it in Kazakhstan; LLC FFIN Bank (Russia) (“FFIN Bank”), and the banking business conducted by it in Russia, LLC First Stock Store (Russia) (“FSS”), and the online securities marketplace it provides to Russian investors, and Branch Office of IC LLC Freedom Finance in Kazakhstan, (Kazakhstan) (“KZ Branch”) organized to serve as the representative office of Freedom RU in Kazakhstan.

November 6th, 2017 DONE!***Pursuant to the terms of the Acquisition Agreement, BMBM also has the right to acquire from Mr. Turlov 100% of the equity interests of FFINEU Investments Limited (Cyprus) (“Freedom CY”), and the securities brokerage and financial services business conducted by it in Cyprus. BMBM and Mr. Turlov are currently working with the Cyprus Securities and Exchange Commission to obtain necessary regulatory approval to transfer ownership to BMBM.

September 6th, 2017 A Reverse Stock Split (1:25) took effect.
October 11, 2017 Employee Incentive Program share dispersal announced.
November 14, 2017 10-Q  (Quarter ending Sept. 30, 2017)

 

FFIN proposes to conduct business as a U.S. securities broker-dealer and proposes to file applications to become a member of FINRA and a licensed securities broker-dealer with the SEC and applicable state securities commissions. $FRHC to up-list to the NYSE (Nov/Dec 2017 or Jan 2018).

 All Edgar Filings
OTC Markets Filings





 

*Freedom Finance will act as the underwriter AND market maker for the IPO of the Bank of Astana

 



Websites

http://ffin.ru/
http://ffin.kz/ru/
http://ffin.bz
http://freedom24.ru/
Soon http://ffin.us

Wikipedia Russia

Social Networks

https://www.facebook.com/ffinru/
https://www.facebook.com/ffinkz
https://twitter.com/ffinru
https://www.instagram.com/ffinru/
https://www.youtube.com/user/FfinRu/videos

 

Eastern Economic Forum   September 2017  Vladivostok, Russia

Moscow/
Kazakhstan/Cyprus Exchange Membership

http://moex.com/en/members.aspx?tid=1150&sby=1&search=freedom

http://www.kase.kz/en/membership/member/SEVEN

http://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/73116/


Activity (volume ranking) KAZ

Ranked #1 2017

Activity (volume ranking) Moscow

           16 777 205 282     Ruble volume in November 2015

20 375 071 292    Ruble volume in July 2017


       

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Our Services

The experts at the Freedom Finance company have been engaged in investments in international financial markets for over 10 years. We offer you services in the investment industry. This is our lifetime project, and we know it inside out.
Discover new opportunities and invest with us in the top companies in the world!

*Brokerage services of exceptional quality and ability to trade on your own.

*Reliable access to trading on the world's major stock exchanges. 

*Asset management

*Smart technology in the asset trust management for those who want to discover new revenue opportunities.
Portfolios of dividend stocks, options strategies with limited risk, investing in gold or in the most technologically advanced companies in the world – just choose your investment strategy and entrust the work to the professionals. Balanced risk management and significant experience to ensure our clients' objectives achievement.

*The Freedom Finance Investment Company organizes access for qualified investors for trading of on the world's leading exchanges: NYSE (New York Stock Exchange), LSE (London Stock Exchange), European and Asian stock exchanges. The company's clients have access to more than 10 thousand various financial instruments - stocks of S&P500 and the world's leading companies, options, futures, corporate and government bonds, various investment funds (sector, index , margin, bond) and ETFs.

 

 


 

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FRHC
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FRHC News: Statement of Changes in Beneficial Ownership (4) 11/14/2017 05:21:10 PM
FRHC News: Amended Statement of Beneficial Ownership (sc 13d/a) 11/14/2017 05:21:09 PM
FRHC News: Quarterly Report (10-q) 11/14/2017 05:19:51 PM
FRHC News: Current Report Filing (8-k) 11/06/2017 05:08:11 PM
FRHC News: Current Report Filing (8-k) 10/11/2017 01:04:03 PM
PostSubject
#3102  Sticky Note Latest from the TA One O'Clock Drop 11/09/17 02:58:32 PM
#2778  Sticky Note 1 of 3 interviews where translation confirmed: HMB2010 10/13/17 02:34:04 PM
#2715  Sticky Note My TdAmeritrade Account updated Profile of FRHC At diversified holdings 10/12/17 02:51:03 PM
#2155  Sticky Note to ALL interested: I have posted a lot HMB2010 09/03/17 09:11:54 AM
#3304   We will probably see $6 next week. Quintessence 11/18/17 06:51:38 AM
#3303   Yep. And those bidders are brave not taking heidibrown 11/17/17 03:48:39 PM
#3302   Nice solid day here. Great way to retireat51 11/17/17 03:43:35 PM
#3301   Most def one in Astana but can't find HMB2010 11/17/17 03:32:10 PM
#3300   HMB is the best. heidibrown 11/17/17 02:32:28 PM
#3299   Freedom Finance (RU). brokerage heidibrown 11/17/17 02:28:49 PM
#3298   I think that everyone on this board should Orangeman3 11/17/17 02:25:44 PM
#3297   nice. $5.50 is a good deal. EPS for love your neighbor 11/17/17 02:23:53 PM
#3296   1700 on bid a 5.50 now. Could Quintessence 11/17/17 02:18:25 PM
#3295   I am losing track of the assets. heidibrown 11/17/17 02:17:15 PM
#3294   nice! go $FRHC!! love your neighbor 11/17/17 01:58:42 PM
#3293   Instagram: Today is opening of Freedom Finance brokerage Quintessence 11/17/17 01:51:17 PM
#3292   No no no only on the freedom24 or HMB2010 11/17/17 12:52:23 PM
#3291   https://www.google.com/amp/s/www.rbth.com/document/103300000000001000149261/am HMB2010 11/17/17 12:32:29 PM
#3290   As I understand it for now. HMB2010 11/17/17 12:28:47 PM
#3289   So...even when we up-list, FRHC won't be tradable heidibrown 11/17/17 12:26:15 PM
#3288   Already in China with Sunrise- - - Also easing reg's https://nytimes.com/2017 HMB2010 11/17/17 12:15:27 PM
#3287   It's real tricky due to time zones and HMB2010 11/17/17 12:09:19 PM
#3286   As of a few weeks ago, the US HMB2010 11/17/17 12:04:44 PM
#3285   Can Freedom24ru trade American OTC stocks? heidibrown 11/17/17 12:01:12 PM
#3284   Russia is 8 hours ahead of EST so HMB2010 11/17/17 11:59:23 AM
#3283   I am wondering if Wednesday was friends and heidibrown 11/17/17 11:41:45 AM
#3282   Wow, slow day compared to Wednesday... Quintessence 11/17/17 11:27:46 AM
#3281   I enjoyed the link. Thanks love your neighbor 11/16/17 09:58:27 PM
#3278   YES and a video with open letter to HMB2010 11/16/17 08:05:17 PM
#3277   Haha lmao! WE are Winning so no HMB2010 11/16/17 07:49:58 PM
#3276   HA another sign I forgot about because I HMB2010 11/16/17 07:49:06 PM
#3274   The WINNING or the WHINING? heidibrown 11/16/17 06:31:48 PM
#3273   And yet, bmbm, BMBMD, and FRHC has made HMB2010 11/16/17 05:00:18 PM
#3272   Right. Same pattern for many months. Lil surge, HMB2010 11/16/17 04:54:28 PM
#3271   I guess it needed a breather. Slow Quintessence 11/16/17 04:51:02 PM
#3270   FRHC - The stars are the limit...Lets see The_Free_Nebula 11/16/17 04:41:29 PM
#3269   Ok, here's my pump for the day. HMB2010 11/16/17 04:09:42 PM
#3268   yup, I remember. $30 to $100 and crazytrader 11/16/17 04:01:55 PM
#3267   No reason to dream I am expecting huge Orangeman3 11/16/17 03:53:05 PM
#3266   Amazing how someone all the way over in crazytrader 11/16/17 03:49:31 PM
#3265   There is something special about this one...We are The_Free_Nebula 11/16/17 03:24:11 PM
#3264   This stock has that effect on you. crazytrader 11/16/17 03:09:23 PM
#3263   I certainly hope so....much much higher. :-) crazytrader 11/16/17 03:07:36 PM
#3262   i like that theory $$$ love your neighbor 11/16/17 01:40:23 PM
#3261   I LIKE that dream. heidibrown 11/16/17 12:33:08 PM
#3260   BRK.A is 273,500/share..lol... I can dream..... Lol The_Free_Nebula 11/16/17 11:48:39 AM
#3259   Interesting thought. It just keeps getting better, I diversified holdings 11/16/17 11:43:38 AM
#3258   I think you might be on to something... heidibrown 11/16/17 11:38:31 AM
#3257   FRHC - Is TT building a business The_Free_Nebula 11/16/17 11:04:11 AM
#3256   L2 looking pretty thin to $6 retireat51 11/16/17 10:52:34 AM
#3255   Quite possible. Looking good so far. shanak10 11/16/17 09:41:12 AM
#3254   Maybe we'll see $6 today. Quintessence 11/16/17 09:34:09 AM
#3253   Let's have a repeat of yesterday! Go $FRHC retireat51 11/16/17 08:36:44 AM
#3252   Without a doubt. A man who is looking heidibrown 11/15/17 11:23:05 PM
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