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Freedom Holding Corp. (FRHC)

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Last Post: 2/17/2018 1:04:33 PM - Followers: 71 - 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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SureTrader
FRHC News: Quarterly Report (10-q) 02/14/2018 03:45:05 PM
FRHC News: Statement of Changes in Beneficial Ownership (4) 12/11/2017 04:31:22 PM
FRHC News: Current Report Filing (8-k) 12/11/2017 04:23:37 PM
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
PlusOneCoin Top Posts
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PostSubject
#4096  Sticky Note https://www.thebusinessyear.com/kazakhstan-2018/timur-turlov-ceo-freedom-finance/vip-interview Wh Supervisor 01/14/18 01:21:17 PM
#3497  Sticky Note Freedom Finance hopes to raise $100 mln from Supervisor 11/29/17 04:49:59 PM
#3102  Sticky Note Latest from the TA One O'Clock Drop 11/09/17 02:58:32 PM
#2155  Sticky Note to ALL interested: I have posted a lot HMB2010 09/03/17 09:11:54 AM
#4666   Stay out of casino!! TT needs a HMB2010 02/17/18 01:04:33 PM
#4665   He is in Vegas now, presumably on his Quintessence 02/17/18 10:30:53 AM
#4664   FRHC - We are so spoiled here that The_Free_Nebula 02/16/18 05:45:13 PM
#4663   A bit disappointed with the close but looking sublime740 02/16/18 04:16:27 PM
#4662   GLTUA The_Free_Nebula 02/16/18 11:07:15 AM
#4661   The ASK is thin now. Hoping for Quintessence 02/16/18 10:49:40 AM
#4660   He's really busy in Utah! Visited Alpine Securities Quintessence 02/16/18 08:26:41 AM
#4659   Hoping for a green Friday on volume... opening The_Free_Nebula 02/16/18 08:14:06 AM
#4658   TT'S Backdoor Gotta Love Our Russian. Mcur 02/16/18 07:05:43 AM
#4657   SUNRISE - DEVELOPMENT OF THE FAR EAST HMB2010 02/16/18 06:42:24 AM
#4656   Nice! Check this out: https://www.google.com/amp/s/www.bloomberg.com/amp/news HMB2010 02/16/18 06:22:53 AM
#4655   Got to start somewhere.. The_Free_Nebula 02/16/18 01:42:30 AM
#4654   https://www.instagram.com/p/BfPY8aQh4Cu/?hl=en&taken-by=timurturlov shanak10 02/16/18 12:01:10 AM
#4653   Looks like we got our first institutional holder, Supervisor 02/15/18 10:34:27 PM
#4652   FRHC - I wasn't expecting it but I'll The_Free_Nebula 02/15/18 04:35:12 PM
#4651   Wish I had spare 8,300. To blow past HMB2010 02/15/18 04:06:51 PM
#4650   He seems to be doing everything right - Quintessence 02/15/18 04:02:38 PM
#4649   https://www.wsrp.com/ From a six-person firm started on January 1, HMB2010 02/15/18 03:54:05 PM
#4648   https://www.instagram.com/p/BfOqS9RBr7B/?hl=en&taken-by=timurturlov shanak10 02/15/18 03:37:18 PM
#4647   HMB2010 - I guess anything is possible but The_Free_Nebula 02/15/18 02:45:03 PM
#4646   Sounds about right. Hang in there! Quintessence 02/15/18 02:26:10 PM
#4645   no real change in modus operandi for this HMB2010 02/15/18 02:16:08 PM
#4644   good volume and green, just the way we love your neighbor 02/15/18 02:13:59 PM
#4643   yes...they definitely have been hiding both bids and The_Free_Nebula 02/15/18 01:52:39 PM
#4642   so glad when off otcbb, sucks you can't HMB2010 02/15/18 01:35:30 PM
#4641   Now that the sellers have come down maybe The_Free_Nebula 02/15/18 10:57:11 AM
#4640   Good to see the bid/ask spread narrowing. Quintessence 02/15/18 10:52:24 AM
#4639   Glad to see the ask come off that The_Free_Nebula 02/15/18 10:35:09 AM
#4638   sounds good, we'll have a couple years to HMB2010 02/15/18 08:27:42 AM
#4637   When we get there, we should plan a Quintessence 02/15/18 07:36:39 AM
#4636   Will do heidibrown! After I throw up, HMB2010 02/15/18 06:56:36 AM
#4635   Love your numbers guys. Speaking of #s.... heidibrown 02/14/18 10:39:21 PM
#4634   Yup. We'll see what the market thinks of Quintessence 02/14/18 09:51:33 PM
#4633   Yep. And as you’ve said before, all sublime740 02/14/18 09:15:32 PM
#4632   More shareholders and volume... Didn't have high hopes The_Free_Nebula 02/14/18 09:14:23 PM
#4631   If EPS stays up q over q buyers love your neighbor 02/14/18 08:45:58 PM
#4630   I like that number. $$ Gotta sublime740 02/14/18 08:37:25 PM
#4629   I agree. $54 it is!! Quintessence 02/14/18 08:24:57 PM
#4628   I love that figure and love your neighbor! HMB2010 02/14/18 08:09:04 PM
#4627   The $FRHC reported EPS for the last 2 love your neighbor 02/14/18 08:07:28 PM
#4626   yes, information about how all this is gonna HMB2010 02/14/18 07:56:13 PM
#4625   That would be great! Actually a PR Quintessence 02/14/18 07:52:41 PM
#4624   yeah was hoping for some figures that could HMB2010 02/14/18 07:34:18 PM
#4623   https://www.instagram.com/p/BfMdQdEh6e2/?hl=en&taken-by=timurturlov shanak10 02/14/18 06:28:02 PM
#4622   they wrote off some trading losses and spent love your neighbor 02/14/18 05:51:54 PM
#4621   Not a room full, but a group out Quintessence 02/14/18 05:33:07 PM
#4620   Okay need geek guys on gleaning any figures. HMB2010 02/14/18 04:58:27 PM
#4619   Glad it's out. Time to get reading... Quintessence 02/14/18 04:38:24 PM
#4618   10Q is out, wow crazy timing Supervisor 02/14/18 03:51:50 PM
#4617   Ive been thinking 2/15, tomorrow for months AND HMB2010 02/14/18 03:41:16 PM
PostSubject