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Freedom Energy Holdings Plans Dividend Alongside Dynamic Corporate Identity Initiatives
FORT WAYNE, IN--(Marketwired - Jul 28, 2014) - Freedom Energy Holdings, Inc. (OTC: FDMF) CEO Brian Kistler announced today the plan for gifting the true value of the company through to its common and preferred shareholders.
5. During this process there will be no reverse. At the current time and with the aforementioned action, I see no reason to implement any reverse split.
http://www.otcmarkets.com/stock/FDMF/news/Freedom-Energy-Holdings-Plans-Dividend-Alongside-Dynamic-Corporate-Identity-Initiatives?id=85062&b=y
Yah, specially they asked for the previous work been done by FDMF. "The next phase for the SR-139 process is to take all the data we have accumulated over the last 4 years"
The PR said "have a professional engineering team create the specifications and drawing for the mechanics of the recycling process"
specifications and drawing
"On August 6, 2015, Mr. Brian Kistler resigned as the Chief Financial Officer of Success Holding Group International Inc. (the "Company"). The resignation is not in connection with any disagreement with the management of the Company and Mr. Kistler will remain as the President and a member of the Board of Directors ("Board") of the Company."
It is time for him to focus on FDMF
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10851168
Nice close. I'm holding my shares for another year or very good profit :)
I believe that FDMF investment in SHGT will have good return to us within 2 years. It do different things and the all are successful. The new product "888 health drink" shows high growth in the last 7 months. The health drink been sold in 4,000 retailers by end of March. By end of June, sold in 8,000 retailers. By end of July, sold in 9,000 retailers.
Success Holding Group International Inc. "888" Rollout Widely Accepted
TAIPEI, TAIWAN / ACCESSWIRE / July 28, 2015 / Success Holding Group International, Inc. (OTCQB: SHGT) today announced that its "888" black rice-based health drink, initially launched in January 2015, has been placed for sale in more than 9,000 retailers in Shanghai, Quanzhou, and Fuzhou, and is also now available for purchase online via: one888.com.cn.
"We are very excited by the rapid growth of this unique product," said SHGT chairman Steve Chen. "And now, as we begin our internet marketing of '888', I am pleased to announce the online availability to China's 700 million online consumers. With the online direct sales channel opened, we expect to see the sales of the drink increase with each successive quarter."
Plus Launch TV.
I thing our 500,000 share in SHGT will return to us positively.
Anytime.
It was regarding financial results, the future of FDMF, and dividend
E-mail by BK.... I hope things will change to better
I am sorry for the delay. I have been traveling and very busy.
I hope to have some more news from the engineers re the shingle process.
I will release information when I am able. Best I can do right now.
OTC Market should put strong regulation regarding R/S and then dilution. Each company should have number of time to issue base on authorize shares. Bankruptcy should happen in point of time and investors should see it clearly. If an investor like to take a risk, it is up to him or her. Keeping doing this way won't help the company. Plus the company facing difficult time and last year 5 employees received more than a total $1.1m salary!!!!. IMO, it is too much to pay that amount in this time!!
I don't know where it's going. Bankrupt should happen now. Too much debt.
It's going down very fast this time!!!!
You will find it in the link below
http://www.otcmarkets.com/stock/FDMF/news
On July 14
Could someone explain what does that mean because it never reached this Volume in June 30!!!
OTC Short Positions on 2015/06/30 279,888 279,888 0.00 [Market News Publishing (US)]
FREEDOM ENERGY HOLDINGS INC
Freedom Energy Holdings, Inc. ("FDMF-0") - OTC Short Positions on 2015/06/30 279,888 279,888 0.00
Net Total Last Total Price
Date Change Shorted Price Volume Range
----------------------------------------------------------------------------
2015/06/30 279,888 279,888 0.01* 122,474,500 - - -
2015/06/15 N/A 0 - 1,652,000 - - -
2015/05/29 N/A
2015/05/15 N/A
2015/04/30 N/A
2015/04/15 N/A
2015/03/31 N/A
2015/03/13 N/A
* - Indicates that the closing price used is the last non-zero
closing price and is not the closing price on the report date.
SHGT private placement
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10804800
In addition to providing capital, Elevate Ventures works with Indiana entrepreneurs in an advisory capacity to help accelerate growth. Elevate works in an advisory capacity with emerging companies at all stages of development both pre- and post-funding. Below are some examples of ways that we help:
Introductions to prospective customers or partners
Assistance with recruiting management talent
Product positioning and marketing
Technical reviews
Intellectual property analysis
Primary and secondary market research
Government procurement
Regulatory pathway
Investment pitch creation and investor introductions
Investor relations
That's what we do at Elevate - we offer more than funding. With experienced personnel, tested tools, and structured assistance and investment programs, we get entrepreneurs where they need to go. In the end, we all succeed.
The goal of the 21st Century Fund is to support the resolution of next-stage capital formation issues by co-investing with institutional investors in order to further build innovative, high-impact, high-growth companies.
As the 21 Fund's manager, Elevate works with early revenue generating companies to solve product demonstration and market penetration issues in order to accelerate company growth, milestone achievement, and job creation.
Technical and business analysis is conducted by Elevate Ventures staff using a structured internal venture validation process. If necessary, Elevate Ventures' Entrepreneurs-in-Residence work with applicants to ensure that the technical and business plans are structured to make this review efficient and to provide useful feedback to the company.
The 21st Century Fund is sensitive to the acute challenges facing early-stage life science companies, especially in therapeutic verticals. We will continue to be open to such opportunities and will strive to meet associated capital-intensive product development needs alongside institutional or strategic investors.
The 21 Fund's maximum investment size is $2 million per company.
All investments are initially made in convertible debt with finalization in convertible debt or equity instruments with the following contingencies:
Establishment and maintenance of proper corporate governance procedures
Appointment of a 21 Fund-designated person to the company's governing Board of Directors
Financial and operational reporting
Private co-investment from institutional investors. We may consider co-investment from angel investors if such investors can demonstrate pre-existing connection with the venture capital community and are likely to help entice institutional investment in the future
The best thing of the grant is to show us the value of SR-139. I think the first phase of the grant will cover the engineer review. Then if the phase 1 seceded, they will receive more money. This project will make BK focus on FDMF because it will benefit him more than other companies he is working on. Also Sigur will be more interested in FDMF more than ever. We waited for a PR for a long time, we could wait little bit more.
Around 2 weeks
After 20th of May it was limited information
Then no information due to delay of F/S
If the project is true, then I won't care how much the share price is because this project will generate money for us. Just one thing is missing which is the F/S then I will start to buy more shares.
Only one good PR can make difference
I'm not defending. But I think Launch TV and success holding the only things happened. But it's not cash generation :(
I sent 2 E-mails and no reply from him!!
I agree with u. If he can't manage the company, he should hire someone else.
He is not busy, he can't focus...
Mr. Brian K. Kistler has been the Chief Executive Officer of PTS Resources, Inc. since December 23, 2014. Mr. Kistler serves as President, Chief Financial Officer, Secretary and Treasurer of Success Entertainment Group International Inc. Mr. Kistler has been President, Chief Financial Officer, Secretary and Treasurer of Success Holding Group International, Inc. since June 13, 2014. Mr. Kistler has been President and Chairman of the Board at Kmrb Acquisition Corp. since August 04, 2011 and serves as its Chief Executive Officer, Chief Financial Officer, Secretary and Principal Accounting Officer. He has been the Chief Executive Officer of Freedom Energy Holdings, Inc. since February 10, 2006 and also serves its President and Principal Financial Officer. Mr. Kistler serves as Consultant to many public companies and assists with the preparation and compliance of regulatory filings and corporate governance. Mr. Kistler has extensive work history of over twenty five years in the financial services industry. He served as the Chairman, Principal Executive Officer, Chief Financial Officer and Principal Accounting Officer of Titan Holding Group, Inc. (alternatively Powder River Coal Corp.) from October 9, 2009 to October 11, 2011. He served as Vice President of Oil & Gas Operations at Clean Transportation Group., Inc. since July 2010. He served as President and Secretary of Titan Holding Group, Inc. until 2011. He worked at the securities firm Edward Jones in 1987. Mr. Kistler joined Linsco/Private Ledger in 1992 as an Independent Contractor. In 1994, he joined broker/dealer Hillard Lyons to develop the northeast area of Indiana. In 1999, Mr. Kistler joined Raymond James & Associates to manage their acquired Fort Wayne, Indiana office and served as Manager of their nine (9) Raymond James offices in Indiana, where he managed fifty-three employees. Mr. Kistler serves as a Director of Freedom Financial Mortgage Corporation. He has been a Director of Success Entertainment Group International Inc. since December 2, 2014. Mr. Kistler has been a Director of PTS Resources, Inc. since December 23, 2014 and Success Holding Group International, Inc. since June 13, 2014. He has been a Director of Macco International Corp. since June 13, 2014 and Freedom Energy Holdings, Inc. (formerly, Freedom Financial Holdings Inc.) since February 10, 2006. He served as a Director of Clean Transportation Group., Inc. since July 2010 and Powder River Coal Corp. until October 11, 2011.
A Definitive Agreement signed on August 6, 2014, in which Sigur Holdings, SA was to gain controlling interest in the Company in exchange for the agreement to assume all current and long term liabilities and to provide the funding for all future acquisitions. To that extent, Sigur Holdings agreed to inject into Freedom Energy Holdings up to the sum of $10 million dollars to be used for operations and acquisitions. As of Period Ending September 30, 2014 and as of the date of this filing there has been no action taken to consumate the transaction due to the unforeseen difficulties of conducting business with a South African entity and the movement of capital to the USA. The transaction is still in process and is anticipated to close sometime in the period ending March 30, 2015.
Gulf Minerals Corporation developing Indonesian based manganese smelter Thursday, April 30, 2015 by Proactive Investors
Gulf Minerals Corporation developing Indonesian based manganese smelter Gulf Minerals Corporation developing Indonesian based manganese smelter Gulf Minerals Corporation (ASX:GMC) is continuing to progress plans to become an ASEAN focused manganese ore and alloy producer.
Having closed a fully subscribed rights issue to raise $1.34 million, a funding agreement was entered into with Sigur Holdings Inc., a subsidiary of the New York-based, South African private group, Sigur Capital.
The term sheet is for a US$20 million funding agreement by way of a 10% annual interest, 4 year Senior Credit Facility loan and Preferred Shares.
With the evolution of the company, it is planned to change the name to Gulf Manganese Corporation Limited at a shareholders meeting.
The company plans to build eight furnaces over a four year period that will produce a premium quality 78% ferromanganese alloy resulting from the unique qualities of the Indonesian high-grade low impurities manganese ore.
During the March 2015 Quarter the company attended and presented at the following conferences.
- Jakarta Smelter Conference with many government officials in attendance;
- Singapore Mining Investment Forum attended by many high net worth individuals and funds; and
- Mines and Money Hong Kong attended by global investment funds.
The international exposure placed the company on the "radar" of regional investors particularly with the proposed Singapore listing.
Rights Issue and Project Funding
The rights issue announced 13 October 2014 closed fully subscribed in the March 2015 quarter, raising $1,341,009.
Following a strong take up by existing shareholders, the directors placed the shortfall to sophisticated investor clients of Sydney-based Paradigm Securities.
Gulf now has a total of 73,770,638 shares on issue.
Key points in the Term Sheet are:
- Sigur Holdings immediately to subscribe for AUD$500,000 of Gulf Minerals Redeemable Convertible 10% Notes;
- A Sigur Holdings representative will join Gulf’s board of directors;
- Gulf will make application to list its subsidiary company holding the Indonesian manganese smelter project onto the Nasdaq Stock Market in the U.S.;
- US$10,000,000 – 10% annual interest 4 year Senior Credit Facility loan to the listed subsidiary and secured by the project and to be drawn over 24 months;
- US$10,000,000 – Preferred Shares in the listed subsidiary and issued at $2.50/share convertible strike price equal to 85% of the market price or redeemed at $5.00/share after 24 months;
- Sigur Holdings shall have first right of refusal on any subsequent funding required by the listed subsidiary; and
- The Terms Sheet is non-binding and subject to final Definitive Agreements following due diligence by both parties.
The proposed funding will cover the first stage of the development of the smelter enterprise with the proposed IPO covering the balance.
Chief Financial Officer/Company Secretary
Following the company’s reconstruction the roles of CFO and Company Secretary were combined for cost efficiencies. Leonard Math, current CFO, was appointed in the new combined roles.
Company Name
Gulf Minerals will seek shareholder mandate on 22nd May 2015 for approval to change its name to Gulf Manganese Corporation.
This will reflect future operations as it develops an Indonesian based manganese ore and alloying enterprise and proposes to make application to list on the Singapore Exchange Catalyst Board.
Manganese Smelter
During the Quarter the company appointed Como Engineers as project managers for the Kupang Smelter Project.
Como Engineers, established 1986, is a well-respected mechanical and mineral processing engineering company based in Western Australia with an office in Jakarta.
It has extensive experience in mining industry projects both in Australia and overseas, particularly Indonesia.
Como has been involved in the PT Arutmin Indonesia (BHP) Coal Ports, Way Linggo Project for Kingrose and also for the Finders Resources Ltd operation on Wetar Island.
Additionally XRAM Technologies were appointed nominated pyrometalurgical engineers.
XRAM Technologies Pty Ltd is a Pretoria, South Africa smelter specialist group. As nominated contractor they are responsible for the design, supply, construction and commissioning of the smelter furnaces.
The group’s personnel have collectively many years’ experience in smelter design, construction and operating of AC and DC smelter plants incorporating leading edge technology and world’s best practices.
The company plans to build 8 furnaces over a 4 year period for a total capital cost of $52 million.
Each furnace will cost $6.5 million with a capacity to produce 20,000 tonnes of alloy per year with power supplied by a third party on a user pay basis.
The first two furnaces are planned to be built during 2015 and are expected to come online in July 2016.
This will be followed by a further two furnaces each year in 2017, 2018 and 2019.
Land
During the Quarter further discussions were held on the terms and conditions for a 30 year plus 20 year lease of land in West Timor situated 8 kilometres from the international Tenau Port and 14 kilometres south of Kupang City.
It is anticipated that a Memorandum of Understanding, supported by the Provincial Governor and Regent will be signed shortly.
Analysis
Gulf Minerals Corporation continues to progress development of its Indonesian manganese smelter project.
The listing proposed listing on the Singapore Exchange Catalyst Board will align its ASEAN focused manganese ore and alloy producer aspirations with the Asian regional investor base.
The project is also expected to benefit from Indonesia’s restrictions on the export of unprocessed ores combined as well as support from its Financial Incentives Program that will effectively result in a 5 year tax holiday.
Adding to that is the promise of a fast track process for the application for a smelter licence.
Sigur palace that was the plan
http://sigurpalace.com/
Sigur Palace, Inc. aka Freedom Energy Holdings Introduces New Board of Directors
FORT WAYNE, IN--(Marketwired - Sep 17, 2014) - SIGUR PALACE, INC. aka Freedom Energy Holdings, Inc. (OTC: FDMF), a subsidiary of Sigur Holdings (Pty) Ltd, today introduced the newly appointed Board of Directors.
Brian Kistler, CEO stated, "It is with great pleasure that I introduce the newly appointed Board of Directors to the loyal shareholders. I am confident that as we move forward, my understanding of international finance and business development is going to reach new heights. I am very excited with the qualifications of the individuals that are now acting in concert for the successful execution of the new business plan for our company."
http://www.otcmarkets.com/stock/FDMF/news/Sigur-Palace--Inc--aka-Freedom-Energy-Holdings-Introduces-New-Board-of-Directors?id=88079&b=y
We will call it a lost when the share reversal happen!!!
Me too I hope u are wrong ;)
Maybe he won't announce until things finalized!!
2 day 17 hours and 26 min left!!!!!
Let see what will happen ;)
Maybe that's what has been keeping him busy !!!!!
Thanks Tai.i appreciate ur response :))
Which e-mail he use now??
How many employees in this address?
Are we Sigur Palace or Freedom Energy??
Where is he? Is he in US or China?? We see PRs from him regarding Success Holding but not Freedom Energy?
Brian Kistler, President and CFO
(260) 450-1982
bkis2323@aol.com
???????????????????
The e-mail and phone number are different from what we have in FDMF profil!!
Is he still FDMF CEO???
Success Holding Group International Inc. Wholly Owned Subsidiary Celebrity Enterprise Co., Ltd Announces Expansion of Seminars Division Schedule
TAPEI, TAIWAN / ACCESSWIRE / July 6, 2015 / Success Holding Group International Inc. (OTCQB: SHGT) today announced that its subsidiary, Celebrity Enterprise Co., Ltd., in response to increased demand, chairman Steve Chen has agreed to hold approximately 50 company-sponsored success seminars in China in 2015, compared to 31 such seminars in China in 2014.
Each seminar will feature personal, financial and leadership instruction delivered by Mr. Chen, the founder of SHGT and one of China's foremost motivational speakers, authors and marketers.
Commenting on this expansion, Mr. Chen said it represented "clear evidence that demand for our inspirational programs within China is growing at a significant pace."
This growth, he said, would likely be reflected by a year-over-year improvement in seminars division revenue and profit compared to 2014.
Mr. Chen, whose motivational speaking career spans more than 20 years, has delivered thousands of speeches worldwide and amassed an estimated 30 million followers.
About Success Holdings Group International, Inc.
Success Holding Group International, Inc. is among Asia's leading providers of self-improvement products and programs. Led by China's foremost motivational speaker, Steve Chen, SHGT comprises three subsidiaries: a business offering personal improvement seminars and related products featuring Mr. Chen, an entity producing and distributing inspirational short films and other content for online and TV audiences worldwide, and a division marketing China's first health drink made from black rice.
In its first nine months of operations as a public company, ended March 31, 2015, SHGT had revenues of $24.7 million and earnings of $3.7 million.
Going forward, Success Holding will continue its drive to acquire expanding, high-margin businesses providing products and services serving the physical, spiritual and emotional well-being of diverse consumers across China and around the globe. The company intends to integrate these businesses under the same logo and spokesperson, thus maximizing their brand value.
More information about the Company is available at www.successholding.com.
Contacts:
Company
Brian Kistler, President and CFO
(260) 450-1982
bkis2323@aol.com
Investors
Jimmy Caplan
Asia IR/PR
512-329-9505
jimmy@asia-irpr.com
Media
Rick Eisenberg
Asia IR/PR
212-496-6828
rick@asia-irpr.com
Success Holding Group Announces Accelerating Sales, Online Distribution of Company's '888' Health Drink
TAIPEI, TAIWAN / ACCESSWIRE / June 30, 2015 / Success Holding Group International, Inc. (OTCQB: SHGT) today announced that its '888' black rice-based health drink, launched in January, has to date been distributed to more than 8,000 retailers in Shanghai, compared to only 4,000 retailers in that city as of March 31.
Success Holding also said it will soon begin selling the drink online to both retailers and consumers throughout China, which should produce "significantly ramped up sales" going forward.
The only health drink in China made primarily from black rice, '888' is a highly potent source of iron, vitamin E, and antioxidants.
"We are very excited by the rapid growth of this unique product," said SHGT chairman Steve Chen. "And now, as we begin our internet marketing of '888' to China's 700 million online consumers, we fully expect sales of the drink to increase with each successive quarter."
The success of '888,' said Mr. Chen, further validates SHGT's strategy of acquiring rapidly growing businesses producing products and services proven to promote health and well-being.
Mr. Chen said Success Holding is currently endeavoring to distribute the drink in other markets, including the U.S., Japan and Germany, and hoped to issue news on these efforts later this year.
About Success Holding Group International, Inc.
Success Holding Group International, Inc. is among Asia's leading providers of self-improvement products and programs. Led by China's foremost motivational speaker, Steve Chen, SHGT comprises three subsidiaries: a business offering personal improvement seminars and related products featuring Mr. Chen, an entity producing and distributing inspirational short films and other content for online and TV audiences worldwide, and a division marketing China's first health drink made from black rice.
In its first nine months of operations as a public company, ended March 31, 2015, SHGT had revenues of $24.7 million and earnings of $3.7 million.
Going forward, Success Holding will continue its drive to acquire expanding, high-margin businesses providing products and services serving the physical, spiritual and emotional well-being of diverse consumers across China and around the globe. The company intends to integrate these businesses under the same logo and spokesperson, thus maximizing their brand value.
More information about the company is available at www.successholding.com.
FORWARD-LOOKING STATEMENT
This press release contains certain "forward looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward looking public statements concerning it expected future operations, performance and other developments. Such forward looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
Contacts:
Company
Success Holdings Group International, Inc.
Brian Kistler, President and CFO
bkis2323@aol.com
(260) 450-1982
Investors
Jimmy Caplan
Asia IR/PR
512-329-9505
jimmy@asia-irpr.com
Media
Rick Eisenberg
Asia IR/PR
212-496-6828
rick@asia-irpr.com
SOURCE: Success Holdings Group International, Inc.
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Soon launch TV will be a part of the short movies. It will be interesting if the use the channel for these movies. It will attract more viewers and increase advertising which is the main revenue source for Launch TV