Tuesday, October 01, 2013 4:28:27 PM
There are a few important things to take notice of with how this relates to MRIB. First, I think we need to understand that the SCHEDULE 13G for the ownership of 21,744,440 shares of common stock of MRIB filed by GAM Holding Ltd. is a little deeper to understand than what was indicated.
Before I explain the importance of this ownership of MRIB shares a little further, I think it’s important to know that we are talking about multi-billion dollar companies here and if a multi-billion dollar company had previously seen enough in MRIB’s operations to own such a huge position of millions of shares back when MRIB was publicly operational, then if MRIB can confirm that it is again becoming operational once again, then I think we all should immediately see that it will then definitely be worth learning why a multi-billion dollar company would want to own so many millions of shares in MRIB. Also, I think that it’s safe to presume that if the position of shares would have changed at any time, an amended Schedule 13G would have been filed. Still, it’s important to know what such a company thought about MRIB back when MRIB was operational. Something very huge could be upon us.
To further explain about this huge ownership MRIB shares, the actual 21,744,440 shares are managed by Swiss & Global Asset Management Ltd. ("Swiss & Global") which is a wholly owned subsidiary of GAM Holding Ltd. as indicated within the SCHEDULE 13G filed below:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8397588
To be even more technical to breakdown who the 21,744,440 shares of MRIB belongs to, although managed by Swiss & Global Asset Management Ltd. ("Swiss & Global"), it’s only one investment fund, JB Multistock Black Sea Fund, which is a sub-fund of Julius Baer Multistock SICAV. All of this is under Item 7. titled Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person within the SCHEDULE 13G filed below:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8397588
https://www.swissglobal-am.com/
http://www.jbfundnet.com/Login.aspx?ReturnUrl=%2fweb%2ftools%2fhome.aspx
The JB Multistock Black Sea Fund trades as JBBSEUA:LX at 29.66 EUR:
http://www.bloomberg.com/quote/JBBSEUA:LX
Bottom Line: As I must repeat this part again because I believe that it is very important to understand. I think it’s important to know that we are talking about multi-billion dollar companies here and if a multi-billion dollar company had previously seen enough in MRIB’s operations to own such a huge position of millions of shares back when MRIB was publicly operational, then if MRIB can confirm that it is again becoming operational once again, then I think we all should immediately see that it will then definitely be worth learning why a multi-billion dollar company would want to own so many millions of shares in MRIB. Also, I think that it’s safe to presume that if the position of shares would have changed at any time, an amended Schedule 13G would have been filed. Still, it’s important to know what such a company thought about MRIB back when MRIB was operational. Something very huge could be upon us.
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516
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