NEWS UPDATE
We are currently finalizing the Board of Directors of the Company. At this time the following individuals have already accepted the invitation to join the Board of Directors:
Larisa Saltsova - Chairperson and CEO
Robert Ringold
Bert Devi
Oleg Demyanov
Alexander Klachenko
Gregory Malits
Miran Vrdoljak
Tony Pierce
Yossi Harel
We are still waiting on the individuals below to reply if their other commitments will allow them to join the Board of Directors:
Vitaly Kalinovksy
Juan Jose Andrade Esq.
Pricilla Ibrahim
Furthermore, in order to be able to manage the company’s day to day affairs more efficiently the Company had decided to form an executive committee which will consist of 3 members of the Board of Directors under the leadership of Larisa Saltsova.
We are planning an official press release as soon as we have the final Board of Directors assembled. In addition we are providing a brief description of the plans and state of affairs of the company which will be put before the Board for final approval. THIS IS NOT THE FINAL VERSION - BE GUIDED ACCORDINGLY. We plan to release the final version via Press Release, as well.
I will be traveling again and expect to return on Tuesday August 14, 2012. If you have any questions, comments or concerns please email me – I will be checking my email regularly.
Thank you for your continued support.
Milestones & Financial Information
1. MIHL was purchase on June 14, 2012. The current ownership had purchase approximately 87% of the public company with rest of the float being publically traded on the exchange.
2. Currently the authorized capital of the company is 20,000,000,000 (twenty billion) shares of common Series A voting stock at par value of $0.00001. In addition there are 600,000 preferred voting Series B shares authorized and not issued with par value of $0.0020.
3. The outstanding shares are 755,882,931 shares with 135,882,931 constituting the current float. The remaining shares are owned by the management.
4. As of July 20, 2012 the company’s new name and symbol were approved by FINRA.
5. As of July 20, 2012 the company had begun posting on several investor sites, to alert the investment community of the coming changes.
6. Company information had been updated on the OTCMARKETS with a full update expected as soon as the audited financial statements are prepared.
7. The Company had received a commitment for an investment in form of Brazilian Government Bonds in the amount of US$750,000,000. In addition the Company is finalizing negotiations for an investment in form of commercial bonds in the amount of US$100,000,000.
8. On September 1, 2012 we expect our website to go live at www.montagueholding.com. In addition the company had developed a mobile device website at m.montagueholding.com.
9. On August 15, 2012 a full Board of Directors is expected to be announced by the company. The company had put together a truly international Board of Directors to run it business activity. The Board will be announced via Press Release.
Company Business Plans for Expansion
1. The Company is in the process of forming an insurance subsidiary which is to be licensed in the Republic of Nauru and in the United States. The subsidiary primary businesses will be reinsurance, insurance of financial products, and professional malpractice insurance.
2. The Company is in the process of investigating the opportunity to purchase an existing commercial bank charter to allow it easy access to the Interbank Lending Window as well as a deposit base with low funds cost.
3. The Company is currently applying with the US Securities and Exchange Commission (SEC) for a Broker/Dealer license which will allow it to serve as market maker and to issue the its own and client securities on the US Financial Markets.
4. The Company is applying with the National Futures Association (NFO) for hedge fund registration.
5. The Company had developed a relationship with US Small Business Administration (US SBA) by acquiring a Technical Advisor Firm which will allow it to develop funding solutions for small businesses in the US up to US$50 million. In addition the company is currently in the process of applying for Investment Company status for its subsidiary which will provide access to up to US$200 million in funding for business expansion of its clients.
6. The Company had established a close Banking relationship with Bank of America which is working on opening an operating credit line for the company as soon as the audit is completed.
7. The Company had established a relationship with the US Import/Export Bank to fund large projects overseas that will utilize US made equipment and/or services.
Possible Acquisitions
1. The Company is in the process of acquiring US Oil & Refining Co. which is a licensed UN and US Government vendor of Petroleum Products and Byproducts as well as being registered with the EP PetroEcuador the Government Oil Company in the Republic of Ecuador. The Company will use this vehicle to acquire ownership of a Refinery in the Philadelphia PA area that is currently on the market. In addition, we are currently preparing a bid to purchase out of bankruptcy protection a Canadian shale oil development company and its properties.
2. The Company is discussing the possible purchase of precious metals exploration and development Company in the USA which has a Letter of Intent to develop precious metals together with EP ENAMI the official mineral mining company of the Republic of Ecuador.
3. The Company is also in discussions to purchase a small television broadcaster in the Midwestern Region of the United States.
4. The Company has a letter of intent to purchase an licensed importer, wholesaler, and manufacturer of alcohol and tobacco products which has distributorship and joint venture agreement with several European plants for vodkas, brandies, and liquors.
5. The company is also examining the possibility of acquiring a licensed dealer, manufacturer, and importer of strategic items which is in discussions with several major manufacturers about a joint venture factory in the United States.
Investment Bank Plans
1. The Company’s Investment Bank (the Bank) subsidiary is planning to acquire a financial entity in the Republic of Ecuador to expand its financial operations in South America.
2. The Bank is planning to use the funds made available to it from bond sales and various State and Federal Programs to develop funding solutions for companies and governments in overseas markets.
The above is a very basic presentation of what the company’s current state and goals are.
In order to be in full compliance with the Securities Act of 1933, Section 17(b), I hereby fully disclose that that I do not receive fees from Montague International Holding Ltd (MIHL) or any affiliated company or agents representing MIHL. ALL POSTS ARE ON MY OWN TIME AND AT MY OWN EXPENSE – I am not compensated for membership fees or any other expenses associated with these post. Do your own research and due diligence before investing in any company. I am only providing information and is in no way or manner suggesting an investment in any company or investment opportunity. You the investor are making decisions for yourself. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in my post was extracted from current corporate documents either filed or unfiled and publicly available sources deemed reliable. The purpose of post is to provide coverage and awareness for the MIHL. Never invest into a stock of MIHL unless you are prepared to lose your entire investment.
