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Freedom Holding Corp. (FRHC)

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Moderator: Orangeman3, love your neighbor , HMB2010, heidibrown, Supervisor
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Last Post: 11/24/2017 1:18:39 PM - Followers: 67 - Board type: Free - Posts Today: 12

 

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
#3417   I am looking forward to next week. I Quintessence 11/24/17 01:18:39 PM
#3416   Another 52 week high today at $6.30! retireat51 11/24/17 01:04:51 PM
#3415   I would rather see a PR on $FRHC :) shanak10 11/24/17 01:04:30 PM
#3414   Maybe a PR on an Uplisting of FRHC The_Free_Nebula 11/24/17 01:03:05 PM
#3413   https://www.instagram.com/p/Bb4p92yBQtn/?hl=en&taken-by=timurturlov shanak10 11/24/17 12:59:10 PM
#3412   FRHC P/E ratio is 3.16x The industry average Orangeman3 11/24/17 12:49:09 PM
#3411   I am betting on that as well The_Free_Nebula 11/24/17 12:47:26 PM
#3410   I believe it! sublime740 11/24/17 12:44:38 PM
#3409   FHRC - A little churn for a short The_Free_Nebula 11/24/17 12:32:11 PM
#3408   We have not even started! This is once Orangeman3 11/24/17 11:54:03 AM
#3407   Good morning. Sweet start for the day. shanak10 11/24/17 09:35:48 AM
#3406   Good Morning Freedom Holders.... The_Free_Nebula 11/24/17 09:34:50 AM
#3405   TT at NASDAQ OMX in Armenia. Interesting! Quintessence 11/23/17 08:26:02 PM
#3404   Very thankful. Happy Thanksgiving all! I think sublime740 11/23/17 12:40:15 PM
#3403   Happy Thanksgiving everyone!!! I think we are retireat51 11/23/17 11:19:09 AM
#3402   The Free That is why l said underwriting Orangeman3 11/22/17 08:51:28 PM
#3401   You are probably right! But l like to Orangeman3 11/22/17 08:00:29 PM
#3400   I think the "30" was because it was HMB2010 11/22/17 07:48:42 PM
#3399   I want to say slow your roll but The_Free_Nebula 11/22/17 07:20:15 PM
#3398   Agree. $6 plus pps is sweet $FRHC $$$ love your neighbor 11/22/17 07:13:51 PM
#3397   Another good day! Enjoy your Thanksgiving, everyone. Quintessence 11/22/17 06:37:00 PM
#3396   Well he had that photo with that $ Orangeman3 11/22/17 06:12:44 PM
#3395   Yep, Lots to be thankful for. Happy Thanksgiving Everyone! love your neighbor 11/22/17 06:11:05 PM
#3394   FRHC - Happy Thanksgiving all. RSI is The_Free_Nebula 11/22/17 04:50:18 PM
#3393   *****HAPPY THANKSGIVING TO ALL***** Orangeman3 11/22/17 04:12:12 PM
#3392   And of course TT will be spending a Orangeman3 11/22/17 04:03:53 PM
#3391   So MUCH to be Thankful for - have HMB2010 11/22/17 04:03:50 PM
#3390   Nice close. Happy Thanksgiving everyone! heidibrown 11/22/17 04:01:14 PM
#3389   Yep. Utah is where their lawyers are and heidibrown 11/22/17 03:50:26 PM
#3388   They have a office in Utah. And IMO Orangeman3 11/22/17 03:31:45 PM
#3387   https://brokercheck.finra.org/firm/summary/167830 shanak10 11/22/17 02:59:14 PM
#3386   Someone getting last of "cheapies". Lolol haven't used HMB2010 11/22/17 02:55:35 PM
#3385   Seems daily I read someone talk about their heidibrown 11/22/17 02:45:23 PM
#3384   And there it is!! sublime740 11/22/17 01:44:14 PM
#3383   smart love your neighbor 11/22/17 01:40:10 PM
#3382   If the float gets bought up, it's gonna crazytrader 11/22/17 01:39:37 PM
#3381   Market maker AEXG has been buying up all Supervisor 11/22/17 01:36:00 PM
#3380   someone who believes.... The_Free_Nebula 11/22/17 01:35:48 PM
#3379   Wonder who's buying today. 1000 on bid crazytrader 11/22/17 01:33:36 PM
#3378   This cycle up had a little life left. The_Free_Nebula 11/22/17 01:33:29 PM
#3377   boom! another 52 week high today. $FRHC love your neighbor 11/22/17 01:31:07 PM
#3376   Here we go! About to break $6! retireat51 11/22/17 01:24:56 PM
#3375   The Bids got to move up to fully The_Free_Nebula 11/22/17 10:19:05 AM
#3374   agreed... The_Free_Nebula 11/22/17 10:02:28 AM
#3373   That Nelson Research article must have been written heidibrown 11/22/17 10:01:21 AM
#3372   Wouldn't surprise me with lack of tradable shares. diversified holdings 11/22/17 09:28:33 AM
#3371   Good chance by next Friday we might be Orangeman3 11/22/17 09:18:11 AM
#3370   https://www.instagram.com/p/Bby_dv_h8Zv/?hl=en&taken-by=timurturlov shanak10 11/22/17 08:39:07 AM
#3369   $FRHC https://nlrnews.com/bmb-munai-inc-frhc-in-the-news/348061/BMB Munai Inc. ( $Pistol Pete$ 11/21/17 11:38:59 PM
#3368   Oh ok thanks. Seems to me like retireat51 11/21/17 08:25:47 PM
PostSubject