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Freedom Holding Corp. (FRHC)

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Last Post: 7/20/2018 12:58:48 PM - Followers: 69 - Board type: Free - Posts Today: 0




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 (Spring 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



Wikipedia Russia
Wikepedia US

Social Networks



Eastern Economic Forum   September 2017  Vladivostok, Russia

Kazakhstan/Cyprus Exchange Membership

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 News: Annual Report (10-k) 06/29/2018 04:36:07 PM
FRHC News: Current Report Filing (8-k) 06/12/2018 01:34:22 PM
FRHC News: Current Report Filing (8-k) 03/08/2018 04:40:58 PM
FRHC News: Statement of Changes in Beneficial Ownership (4) 03/06/2018 03:32:46 PM
FRHC News: Quarterly Report (10-q) 02/14/2018 03:45:05 PM
PlusOneCoin Top Posts
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#5457  Sticky Note More than a broker: how to make money Quintessence 05/27/18 08:14:48 PM
#4932  Sticky Note Freedom Holding attracted more than $ 40 million HMB2010 03/22/18 02:23:34 PM
#4096  Sticky Note Wh Supervisor 01/14/18 01:21:17 PM
#2155  Sticky Note to ALL interested: I have posted a lot HMB2010 09/03/17 09:11:54 AM
#5955   Odessa, CA ?? JK : Odessa HMB2010 07/20/18 12:58:48 PM
#5954   So, he is going to Odessa. shanak10 07/20/18 10:48:22 AM
#5953   Yes GREEN Apples ! HMB2010 07/19/18 08:22:29 PM
#5952   "Strategic session, Sales meeting and big conference for Quintessence 07/19/18 07:22:35 PM
#5951 shanak10 07/19/18 07:10:51 PM
#5950   Sizable buys today. Good! HMB2010 07/19/18 03:57:35 PM
#5949   Good to see green and volume The_Free_Nebula 07/19/18 02:03:07 PM
#5948   Woo hoo FRHC is alive !!! HMB2010 07/19/18 01:59:14 PM
#5947   Changes rapidly. I see 6.61x6.75 now. Quintessence 07/19/18 01:54:46 PM
#5946   I see 6.60/6.65 shanak10 07/19/18 01:52:32 PM
#5945   Bid has been moving around. I saw 6.45 Quintessence 07/19/18 01:29:58 PM
#5944   $6.65 nice to see, hope bid climbs, what HMB2010 07/19/18 01:00:57 PM
#5943   Good to see visible L2 bid support moving Quintessence 07/19/18 11:27:28 AM
#5942   However, I will be content with status if HMB2010 07/19/18 08:51:26 AM
#5941   This reads as if "new" to public market.... HMB2010 07/19/18 08:49:04 AM
#5940   I am surprised that was not PR's on The_Free_Nebula 07/19/18 07:58:36 AM
#5939   Wow! Some good stuff at that conference. Quintessence 07/18/18 09:27:38 PM
#5938   During the business program OIFF will talk about HMB2010 07/18/18 08:47:04 PM
#5937   Gotta be honest, May and June were beautiful HMB2010 07/18/18 04:09:07 PM
#5936   Just realized I was actually holding my breath HMB2010 07/18/18 04:03:14 PM
#5935   Damn, is what ihub trades show! Thats HMB2010 07/18/18 03:59:10 PM
#5934   Looks like all buys today. Big time Quintessence 07/18/18 03:57:19 PM
#5933   Awesome news. And great ticker. $FRHC $$$ love your neighbor 07/18/18 03:20:33 PM
#5932   Wow talk about hidden asks.... over 4k bought HMB2010 07/18/18 03:16:25 PM
#5931   True, I forget that. Its good news with HMB2010 07/18/18 03:06:55 PM
#5930   Today’s news and $FRHC are both under the love your neighbor 07/18/18 03:05:59 PM
#5929   Feels like forever and huge volume, lol. If HMB2010 07/18/18 03:02:10 PM
#5928   Green is good $$$ $FRHC $$$ love your neighbor 07/18/18 11:17:45 AM
#5927   Agree with all love your neighbor 07/18/18 11:17:04 AM
#5926   This is a really good step...It is clear The_Free_Nebula 07/18/18 11:01:34 AM
#5925   I have only been here only 1 year Mcur 07/18/18 11:00:06 AM
#5924   Nice to green, even if only a little. Quintessence 07/18/18 10:58:29 AM
#5923   Seeet -> . "This past year has love your neighbor 07/18/18 09:21:34 AM
#5922   Thanks. I can see why companies might Quintessence 07/18/18 08:36:47 AM
#5921   OTCQX Tiers shanak10 07/18/18 08:30:10 AM
#5920   "at this stage of our growth to communicate HMB2010 07/18/18 08:28:37 AM
#5919   With the filings, I am sure they had HMB2010 07/18/18 08:25:00 AM
#5918   OTC-QX may be a necessary step before trading Quintessence 07/18/18 08:23:58 AM
#5917   Well it is a"uplist"...amazing statistics, maybe some people HMB2010 07/18/18 08:20:47 AM
#5916   Good article about the Chelyabinsk branch opening. Quintessence 07/18/18 08:19:50 AM
#5915   Awesome to see the FRHC uplist! Quintessence 07/18/18 08:11:15 AM
#5914 Mcur 07/18/18 07:52:53 AM
#5913 shanak10 07/18/18 07:52:03 AM
#5912   Freedom Holding Corp. Begins Trading on the OTCQX® Supervisor 07/18/18 07:51:18 AM
#5911   NEWS were not Pink any longer OTCQX Go TT!!!!!! Mcur 07/18/18 07:44:52 AM
#5910   Here's a picture inside the office. Quintessence 07/18/18 07:31:24 AM
#5909 shanak10 07/17/18 08:39:35 PM
#5908   Agree. What I was thinking was more Quintessence 07/17/18 01:27:03 PM
#5907   I would prefer Timur say NOTHING about EITHER heidibrown 07/17/18 01:22:30 PM
#5906   I am curious to see what effects the Quintessence 07/17/18 08:52:16 AM