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LOL!
That is what I am hoping for Outlaw! We have an awesome, strong group of shareholders in EIGH...
One of my favourite words...KABOOOOOOOOOOOOOOM!
LOL...true enough...and you used your one post to reply to me? All is well in EIGHland...Go EIGH!
Awfully quiet here today Don...few posts...no volume since 10:21am...do you suppose everyone is waiting for something?
Nice B00bles...it's not what you know, it's who you know...LOL! JK
Sounds like he did a great job
Am with you...holding onto my shares...added yesterday and Friday...in it to win it
Morning Losing and GRNOers...nice newss out this morning...volume over 1MM in just over an hour...PPS up 51%...sweeeeeeeeet!
I will sticky the PR and add to the ibox
wicks, I too am very excited about what the future holds here...float reduction and cancelled certs...merger...management buyout...can't wait for the PR(s) that bring us up-to-date on these items
On the one hand, the company says:
"As of September 30, 2010, there are no known beneficial owners holding more than 5%, identified individually."
They also say:
"According to the shareholder records as of September 30, 2010, there are three recorded 5% beneficial owners, identified by cleared certificate number (greater than 7.19M shares held)"
Exactly L2R...totally forgot about that part of the equation!
LOL! I doubt it...looks like there would be a bit of a problem if we were to all ask for certs...would be a silly thing to do of course because selling them would then be more of a challenge...
I was in Boston and can confirm that there was no, zero, nil discussion of any of the FLDs, including GRNO...it was training to trade ETFs. Period
People may have talked casually amongst themselves about the different plays, but Jerry did not and at dinner we were sitting at smaller tables enjoying ourselves and getting to know each other.
As an aside, I am long here and still hold every one of my GRNO shares
Interesting...at this point we are still early in the fourth quarter, so I expect we will learn very soon indeed
Looks like the potential exists life...
Well, all I can say is it will be verrrrrry interesting watching this play out and finding out which point of view is accurate...
I believe it will be the actual shareholders' point of view...but that is just my opinion
It just keeps getting better and better...so the worst case scenario is...
3 people with 9.99% or 14,368,017 each....43,104,052 total
32 people with 4.99% or 7,176,817 each...229,658,144 total
Well that alone adds up to 272,762,196 and doesn't account for about 900 remaining shareholders, the financinge shares or the restricted shares...
Hmmmmmmmmmmmm...
Hahaha cor...I like your triple zero theory...but well north of 1.000...perhaps 3.000
Yikes! So what you are telling me is there even more shares unaccounted for? What would happen if we all ordered our certificates...some wouldn't be able to get them?
I have been asking myself the very same questions...and seem to come up with a similar number, 545 is 57% of 956...That is a lot of shares unaccounted for...
Interesting math there wicks...
67,593,680 owned in 35 accounts
66,432,250 in escrow for financing
5,000,000 restricted
Total 139,025,930
Total float is 143,824,000, so that leaves 4,798,070 for the rest of us...
And this assumes that the 5% holders are no more than 7.1 million shares, and the 1% holders have no more than 1.43 million shares...
Very interesting math indeed
Me too TW...and added a few as well...good things coming to EIGHland
Holding strong with you Paula and very glad for your input on the board
Morning Losing...and GRNOers...hope everyone has a great day! Go GRNO~!
From page 30 of the Q3 financials...
The 8000Club. (www.the8000club.com)
The 8000Club is steadily selecting its private worldwide client base. The ongoing technical aspect of this
site is now taking shape as our developers from within the TVGS sister Company are well in to the
development of the gaming platform.
Hey merr! It was great to meet you in Boston at the Monkinar! We have been busy with the advanced setting this week...and now anxiously awaiting what EIGH has in store for us this coming week as I think it will be good
So... Recently, how many people have made enough to daytrade ETFs?
I really like Time Velocity's Corporate Hub...
Welcome to
Corporate Hub
We deliver cost-effective services to start, maintain and grow businesses. The Corporate Hub approach is flexible and can be tailor-made to suit your needs, and is currently being used by some of the most exciting young companies in the UK.
From setting up your company to establishing your office and operations, Corporate Hub provides services to meet all your business needs. We cover everything from initial Companies House registration to managing legal, accounting and HR issues, as well as creating logos, websites and multimedia marketing campaigns.
Corporate Hub manages the essential but time-consuming operations required to keep your business going. This enables you to concentrate on critical day-to-day activities, winning customers and growing your business in increasingly competitive markets.
LOL!
bertie...have you checked the Time Velocity Group website? It is at www.timevelocitygroup.com
From setting up an office to establishing operations, Time Velocity Group has the services and support to meet all your business needs.
We take care of everything from initial Companies House registration to managing legal, accounting and HR matters.
We can also design and direct all your marketing requirements from building your brand, logos and websites to creating multimedia marketing campaigns. Time Velocity Group manage the essential operations required to keep your business going and enable you to
focus on your strategic goals and grow your business and profits.
A link to Merchant Banks in New Zealand...
http://www.finda.co.nz/business/c/merchant-banks/2/
Awesome DD bertie...thanks for sharing it
Hahaha! I work for one of the biggest banks in Canada and I can tell you that our privacy laws are such that you would not be able to find out who our clients are unless they had given written permission for us to publicize the information (e.g. doing financing for a large development)...good luck with getting a client list from Bancorp New Zealand!
LOL!
Just to clear things up a bit about Bancorp New Zealand and its status...on their website's first page, it specifically says "Bancorp is not a registered bank". They make it very clear they are a for hire investment company. Specifically it says:
"Bancorp has extensive experience in assisting clients develop and implement strategies to achieve their objectives through the provision of independent advice. The company provides its client base with a range of financial advisory services tailored to meet individual requirements. Experienced and professional personnel originate and implement transactions which have an emphasis on personal contact and continuity.
Bancorp provides a unique gateway to New Zealand investment opportunities through its private banking and wealth management operations giving access to private equity, property finance and syndication, structured investments and managed funds."
Hmmmm...you really want to start picking apart New Zealand's banking system? Maybe you would like to do the same with Canada's banking system...In Canada we have 5 main chartered banks and several "regional" banks. In New Zealand they seem to have "Registered" banks and "Independent" banks...
"For Bancorp to maintain its reputation as New Zealand's leading independent investment bank it must continue to work harder and provide greater innovation and results for its clients." Craig Brownie: Managing Director, Bancorp New Zealand.
Specifically, I think EIGH may be taking advantage of Bancorp New Zealand in this area...
Private Equity
Given its strengths in corporate finance, debt arranging and treasury management Bancorp has some of the key skills needed to make successful private equity investments.
We tend to focus on medium size investments where we match high net worth individual's and private banking client's, private equity funds and other equity sources to existing businesses.
We believe in optimising a private equity investment to a client's needs.
Bancorp itself typically co-invests with clients in our many private equity opportunities.
Most of Bancorp's private equity transaction deal flow is proprietary and comes from the corporate finance or other Bancorp associations. This enables us to have a constant flow of transactions to review and then, where suitable, provide opportunities for our clients to invest.
Perhaps EIGH is using some of these services provided by Bancorp New Zealand...
Corporate Finance
Bancorp has extensive experience in assisting clients develop and implement strategies to achieve their objectives. In our advisory roles we work alongside our clients, developing and reviewing a range of strategic alternatives, identifying the most appropriate strategy, providing independent advice, developing all relevant aspects of the chosen strategy and then supporting the implementation of the strategy.
Bancorp's Corporate Finance division provides specialist advisory services in the following areas:
Mergers & Acquisitions
Our mergers and acquisition capabilities include providing advice on and implementation of:
•Acquisitions
•Capital raisings
•Company reconstructions
•Divestments
•Independent appraisal reports and fairness opinions
•Management buy-outs and buy-ins
•Mergers
•Strategic planning
•Initial public offerings Structured Finance
Our structured finance capabilities are unique and are based on the specialised skills of the personnel involved. Roles include:
•Securitisation
•Cross border leasing
•Foreign investment holdings
•Foreign currency management
•Investment Translation hedging
•Domestic finance and operating leases
Infrastructure & Project Finance
We have an extensive understanding of the issues involved in infrastructure financing and management. Much of our project financing skills have been developed from the international roles our staff have undertaken. Advice in this area covers:
•Roading, rail, electricity, gas, ports and water
•Limited recourse funding
•Project modeling
•Long term debt arrangement
•Governmental policy assistance
•Fund establishment and management
Bancorp Offices
Bancorp New Zealand
Head Office Physical Address,
11th Floor
191 Queen Street
Auckland
Email: bholmes@bancorp.co.nz
Postal Address, PO Box 4270
Auckland 1140
Phone +64 9 309 8270
Fax +64 9 309 8367
--------------------------------------------------------------------------------
Bancorp Corporate Finance
Ph+ 64 9 302 8517
Bancorp Wealth Management
Ph +64 9 302 8527
Bancorp Proprietary Property
Ph + 64 9 302 8515
Cashmere Capital
Ph + 64 9 302 8516
CMI
Ph + 64 9 302 8513
Bancorp Treasury
Ph + 64 9 912 7590
--------------------------------------------------------------------------------
Bancorp Group International and other Offices
New Zealand
Bancorp Treasury Services
Wellington
Level 7,
154 Featherston Street
Phone +64 4 473 0804
Christchurch
Cranmer Chambers
Level 234
36 Cranmer Square
Phone +64 3 374 2193
Australia
Barrington Treasury Services
Melbourne
30 Wandsworth Road
Surrey Hills
Phone +61 3 9830 5655
Japan
Tokyo
Working With Bancorp
In the mid 1980’s three of New Zealand’s top corporate finance directors envisioned the establishment of a preeminent New Zealand corporate finance business. The vision led to the establishment of Bancorp New Zealand Limited in 1987. The principles upon which Bancorp was founded still hold true for all employees.
Integrity: There is no room for degrees of integrity and at all times we must maintain our integrity to the utmost level. “We are only as good as our last transaction and the market’s perception of us”.
Innovation: By coming up with new ideas we add value to our clients, our business and our people. “There is no added value in doing what has been done before. We must always strive to do better and to challenge our own thinking”.
Teamwork: Bancorp thrives as a free flow of ideas, we all have something to contribute, working together. Bancorp, as a whole, succeeds where individuals can not. “Working as a team means we all benefit”.
Our People: Our greatest resource is our people. We seek to provide a stimulating and rewarding environment for all staff. “We recruit the best people, we reward on merit alone and we provide an environment of respect”.
Today, the Bancorp group has offices throughout New Zealand, Australia and Asia as well as affiliations or links throughout Europe and North America.
Bancorp is a New Zealand owned investment bank, controlled by its senior management who are its shareholders.
Who Are We
Welcome to Bancorp, New Zealand's most innovative and dynamic investment banking organisation. We were established in 1987 and have continued to grow our New Zealand and international reputation since then.
"For Bancorp to maintain its reputation as New Zealand's leading independent investment bank it must continue to work harder and provide greater innovation and results for its clients." Craig Brownie: Managing Director, Bancorp New Zealand.
Bancorp has extensive experience in assisting clients develop and implement strategies to achieve their objectives through the provision of independent advice. The company provides its client base with a range of financial advisory services tailored to meet individual requirements. Experienced and professional personnel originate and implement transactions which have an emphasis on personal contact and continuity.
Bancorp provides a unique gateway to New Zealand investment opportunities through its private banking and wealth management operations giving access to private equity, property finance and syndication, structured investments and managed funds.
Here you go...
Read both of these excerpts carefully...
From page 23 of the Q3 Financials...
Financing
Financing has now moved into the centre of the organisation led by its financing model. The Company
has agreed a finance facility allowing it to draw down up to US$40M as required to deliver the projects
outlined. As publicly stated, the Company is intends to release US$10M needed specifically for the
headquarter development. Additionally to this, the Company has already engaged in acquiring the
Company’s common stock to reduce the size of the public tradable float and explicitly to ensure the
criteria for upward exchange progression are unencumbered
As announced February 23, 2010, the 8000inc finance team developed and agreed to a unique financing model utilizing non-dilutable stock as collateral. Due to the progression of the company, its operations and its increasing market value, the direct result to the company and its shareholders is a US$40M cash windfall in relative earnings.