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$SMMR is getting a new business
T/A is ungagged
O/S 14,739,627
Float 4,643,839
"On May 25, 2017, an offer was made to purchase the real property at 919 State Highway 46 Boerne, Texas, in
Kendall County, Texas, along with the personal property and equipment for the production of pre-cooked, smoked
meat products which were to be used by the Company (the “Property”).
The Board of Directors believed this offer to be in the best interests of the Company and its shareholders, and on
August 9, 2017, the Board approved the sale of the Property. On August 14, 2017, the transaction closed and the
funds received in the amount of $350,000 were used to pay in full the financing on the Property, as reflected in
the financials for the period ending September 30, 2017.
The Company is currently in negotiation to enter into an unrelated line of business through the acquisition of a
private company with ongoing operations. Finalization of said business combination is anticipated to close on or
before December 31, 2017. "
http://www.otcmarkets.com/financialReportViewer?symbol=SMMR&id=182227
$SMMR is getting a new business
T/A is ungagged
O/S 14,739,627
Float 4,643,839
"On May 25, 2017, an offer was made to purchase the real property at 919 State Highway 46 Boerne, Texas, in
Kendall County, Texas, along with the personal property and equipment for the production of pre-cooked, smoked
meat products which were to be used by the Company (the “Property”).
The Board of Directors believed this offer to be in the best interests of the Company and its shareholders, and on
August 9, 2017, the Board approved the sale of the Property. On August 14, 2017, the transaction closed and the
funds received in the amount of $350,000 were used to pay in full the financing on the Property, as reflected in
the financials for the period ending September 30, 2017.
The Company is currently in negotiation to enter into an unrelated line of business through the acquisition of a
private company with ongoing operations. Finalization of said business combination is anticipated to close on or
before December 31, 2017. "
http://www.otcmarkets.com/financialReportViewer?symbol=SMMR&id=182227
I don’t think it will matter what pps institutions get shares at. A friend of mine showed me how in AQXP the institutions got shares at .50 and after the pps went to $50. So obviously it´s meaningless.
O/S will not be 500m. He will not issue many shares. BMBM always had 500m A/S and a low O/S, around 40-57m shares. I doubt this will change, because the same people set it up.
Here’s a thought, maybe Timur will be using his shares to give to institutions. IMO he has too many shares, so maybe this is where the shares will come from. Like you said, just guessing right now.
Freedom Finance hopes to raise $100 mln from IPO, private placement
LONDON, Nov 29 (PRIME) -- Russian investment company Freedom Finance plans to raise more than $100 million through a private share placement and an ensuing initial public offering (IPO) on the New York Stock Exchange (NYSE), CEO Timur Turlov told reporters on Wednesday.
The company is now selling the shares privately to about 200 investors from Russia, Kazakhstan, and other countries of Europe and the Middle East, and plans to list its shares on the NYSE and on the Moscow Exchange at the beginning of 2018, he said.
“Our estimates show that the total amount of raised capital will exceed $100 million after the placement, and will be enough to conduct our investment and banking activity in our region,” he said, adding that the company plans to attract large international investors during the IPO in the U.S. with a simultaneous listing in Moscow.
“After the placements, up to 50% of our shares will be in the hands of investors, and about 8% will be left in the hands of management,” he said.
Freedom Finance operates in Russia and the CIS, It organizes access to trade on the largest U.S. bourses, including the NYSE, NASDAQ, AMEX, CBOT, CBOE, and CME, as well as on the Moscow Exchange, in London, and Kazakhstan. The company also provides brokerage and trust management services. Its charter capital amounts to 1.58 billion rubles.
(58.4125 rubles – U.S. $1)
End
29.11.2017 18:29
http://www.1prime.biz/news/_Freedom_Finance_hopes_to_raise_100_mln_from_IPO_private_placement/0/%7BDDA3DA5A-7E13-43CE-AAB2-7B2ACE2D610D%7D.uif
Market maker AEXG has been buying up all the shares he can.
Normal day Wednesday, Friday the market closes at 1:00.
And I guess not a secret to the Russians anymore either? Maybe the “roadshow” you talk about all the time is getting started?
That’s the first time he’s ever had the stock symbol, FRHC in any of his pictures.
Just got home from work, guess I have a lot of reading to do.
Read the post he was replying to.
Yes I’ve already seen that, think they were talking about more news in the future. If you read his post, he wrote, what’s next?
What’s your prediction?
Idiot using ETRF puts 4220 shares on ask at 4.83. Are you that cheap that you can’t break the order up into smaller amounts and pay commission a few times??
Don’t drive yourself crazy looking at L2 pre market, it means absolutely nothing.
We’re on Bloomberg news, last three paragraphs mentions Freedom Holding Corp.
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2017-10-16/broker-behind-world-beating-stock-rally-stirs-kazakh-controversy
Just noticed company verified profile on otc markets 10/10/17 and they added a business description.
https://www.otcmarkets.com/stock/FRHC/profile
Business Description
Freedom Holding Corp. ("FRHC") is engaged in building an international, broadly based brokerage and financial services firm to meet the growing demand from an increasing number of investors in Russia and Kazakhstan for access to the financial opportunities, relative stability, and comprehensive regulatory reputation of the U.S. securities markets. FRHC subsidiaries include LLC Investment Company Freedom Finance (Russia) ("Freedom RU") and its wholly owned subsidiaries: JSC Freedom Finance (Kazakhstan) ("Freedom KZ"), LLC FFIN Bank (Russia) ("FFIN Bank"), LLC First Stock Store (Russia) ("FSS"), and Branch Office of IC LLC Freedom Finance in Kazakhstan, (Kazakhstan) ("KZ Branch"). FRHC is currently working with the Cyprus Securities and Exchange Commission to obtain necessary regulatory approval to transfer ownership of FFINEU Investments Limited (Cyprus) ("Freedom CY") to FRHC. Freedom RU is a member of the Moscow and MICEX Stock Exchanges and Freedom KZ is a member of the Kazakhstan Stock Exchange and, along with FFIN Bank, are subject to regulatory capital and other requirements. Freedom RU and Freedom KZ carry securities accounts for customers or perform custodial functions relating to customer securities. FFIN bank carries depository accounts for customers and performs custodial functions relating to customer deposits.
I wasn’t around most of the day, looks like I missed all the fun. No worries though, this is just the beginning.
5900 bid at .0201, someone wants in.
So nice to see they started filing today! Look at the 3 year chart, AVRN went down on very low volume, could be a big move coming here soon.
100 Mill A/S
52 week high $2
I grabbed what I could on Fridays sell off
$AVRN
.03 BITCOIN stock Reinstatement on 8/4/17 after 3 years of being in default. CEO said on phone, filings will be released very soon. 1-809-547-2212 Stephen Shepherd.
26m float, 63m o/s, it traded up to $1.26:
http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=9XxELEkekGijWfo%252fssKBtQ%253d%253d&CorpName=AVRA+INC.
http://www.otcmarkets.com/stock/AVRN/profile
They have been working on the website since July 2017. This was the previous website (months ago):
http://web.archive.org/web/20160717223729/http://www.avraglobal.com:80/
Authorized Shares 300,000,000 a/o Feb 10, 2015
Outstanding Shares 63,397,067 a/o Mar 04, 2015
Float 26,130,427 a/o Feb 10, 2015
Video:
$AVRN
.03 BITCOIN stock Reinstatement on 8/4/17 after 3 years of being in default. CEO said on phone, filings will be released very soon. 1-809-547-2212 Stephen Shepherd.
26m float, 63m o/s, it traded up to $1.26:
http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=9XxELEkekGijWfo%252fssKBtQ%253d%253d&CorpName=AVRA+INC.
http://www.otcmarkets.com/stock/AVRN/profile
They have been working on the website since July 2017. This was the previous website (months ago):
http://web.archive.org/web/20160717223729/http://www.avraglobal.com:80/
Authorized Shares 300,000,000 a/o Feb 10, 2015
Outstanding Shares 63,397,067 a/o Mar 04, 2015
Float 26,130,427 a/o Feb 10, 2015
Video:
Yes, I see as I posted someone grabbed 2k shares.
The idiot selling 6000 shares on the ask, should learn how to break his order up in smaller amounts.
Okay, E*TRADE finally split the shares. Wonder when BMBMD will come up on iHub L2?
Guess E*TRADE will be last
Good call
Okay, today was the first time I clicked details and saw 9/6. I figured it always said that, didn't realize they changed the date.
Look at daily list, click on details, effective date has always been 9/6
http://otce.finra.org/DailyList
That 37.7 million float was a guess at the time because the old T/A was gagged. The new T/A is ungagged and we don't have to guess anymore, the float pre split is 34,008,523. 1/25 split will leave us with a 1,360,340 share float.
Can't wait to read that, post when you get it.
Strange seeing Freedom Holding Corp, after all this time seeing BMB Munai Inc.
Great news! It's been a long time coming, but well worth the wait.
Timur is in Miami today, meetings with MasterCard and Swift Bank
Why not to spend the only day in Miami to discuss transactional infrastructure for our bank and… instagram.com/p/BYbImF2nl2Q/
Priceless MasterCard for FFIN Brokerage Services Inc. @ Mastercard Worldwide Lac instagram.com/p/BYa9QN7H2G1/