Saturday, May 26, 2012 7:15:55 AM
DIMI.ob - going ready to cash-out big time?
Webpage: http://www.dimispeaks.com/ <-nice weppage,congrats!
DiMi Telematics International, Inc
Formerly=First Quantum Ventures, Inc. until 3-2012 (FQVE.ob)
Formerly=Cine-Source, Inc. until 5-04
Formerly=Starwood Ventures, Inc to 5-89
Security Details (taken from OTCMarkets):
Share Structure
Market Value1 $534,646,160 a/o May 25, 2012
Shares Outstanding 427,716,928 a/o May 18, 2012
Float 90,268 a/o May 12, 2009
Authorized Shares 500,000,000 a/o May 12, 2009
Par Value No Par Value
Shareholders
Shareholders of Record 35 a/o Sep 28, 2010
Security Notes
New Issue=11-88 100,000,000 shs in units (1 sh Com, 1 Class A Warr 11-15-89 & 1 Class B Warr 11-15-90) at $0.005 per unit (best efforts-30,000,000 min.) by Marshall Davis, Inc. et al.
Capital Change=shs decreased by 1 for 200 split. Pay date=5-21-04.
Capital Change=shs decreased by 1 for 100 split Pay date=02/25/2008.
Capital Change=shs increased by 2 for 1 split Ex-date=04/18/2012. Rec date=04/16/2012. Pay date=04/17/2012.
Capital Change=shs increased by 2 for 1 split. Ex-date=05/18/2012. Rec date=05/16/2012. Pay date=05/17/2012.
Last 10Q: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8546656
Common Stock
The Company formed in the state of Nevada on January 28, 2011. The company has authorized capital of 500,000,000 shares of common stock with a par value of $0.001.
During the period ended August 31, 2011 the company issued 74,100,000 shares of common stock through stock purchase agreements in the amount of $312,000, of which 42,000,000 shares of common stock were issued through the period ended February 28, 2011.
On July 29, 2011 the company issued 12,000,000 shares of common stock and 12,000,000 warrants for the purchase of common stock pursuant to an Asset Purchase Agreement for the purchase of intellectual property.
The Company entered into a Securities Purchase Agreement for the sale of 150,000 shares of common stock at $0.17 per share. The Security Purchase Agreement includes 37,500 Class A warrants and 37,500 Class B warrants. On September 12, 2011, the Company received $25,000.
On September 28, 2011 the Company entered into a Securities Purchase Agreement for the sale of 1,200,000 shares of common stock at $0.17 per share in the amount of $200,000. The Security Purchase Agreement includes 300,000 Class A warrants and 300,000 Class B warrants.
On October 28, 2011 First Quantum Ventures entered into a Share Exchange Agreement (“Share Exchange”) with DiMi Telematics, Inc. shareholders. Pursuant to the agreement, First Quantum Ventures issued 87,450,000 shares of common stock in exchange for all outstanding shares and warrants to purchase common shares of DiMi Telematics, Inc (DTI), First Quantum Ventures, Inc received 145,750,000 shares of common stock and warrants to purchase 21,625,000 shares of common stock. In connection with the Share Exchange, (a) 15,000,000 shares of the Company’s issued and outstanding common stock owned by Kesgood Company, Inc. were surrendered for cancellation
During the second quarter the Company sold stocks in the amount of $815,000. The stocks were unissued as of February 29, 2012. The Company is required to issue 5,050,000 shares of common stock.
Warrants
The Company issued 12,000,000 Common Stock warrants, at an exercise price of $0.17 per share, pursuant to an Asset Purchase Agreement on July 29, 2011 for the purchase of intellectual property. The warrants have an expiration date of four years from the issue date and contain provisions for a cash exercise. The estimated value of the warrants granted in accordance with the Asset Purchase Agreement was determined using the Black-Scholes pricing model and the following assumptions:
During the first quarter the Company issued 337,500 Class A warrants at an exercise price of $0.17 per share and issued 337,500 Class B Warrants at an exercise price of $0.25 per share. The estimated value of the warrants granted in accordance with the Asset Purchase Agreement was determined using the Black-Scholes pricing model and the following assumptions...
Company Officers
Barry Tenzer (79) CEO, CFO, President
Mr. Barry Tenzer has been appointed as President, Chief Executive Officer, Chief Financial Officer, Secretary, Director of First Quantum Ventures Inc., effective November 10, 2011. He served as President, Chief Executive Officer, Chief Financial Officer, Secretary and Director of DiMi Telematics prior to the Share Exchange, and assumed those duties with the Company following the Share Exchange. Mr. Tenzer founded, managed and served as a board member of numerous private and public companies operating in a broad range of industries, including real estate, property management, construction, legal services, commercial packaging, cemetery, auto sales and chartered aviation services. From 1968 to 1981, he was General Partner of 527 Madison Avenue Company NY, LP, and No. 34th St. Company, L.P., and Limited Partner in approximately 20 real estate investments. From 1976 to 2003, Mr. Tenzer was the CEO of HIG Corporation, which owned and operated six cemeteries in Maryland, Virginia and Florida. From 1997 to 2003, Mr. Tenzer also founded and served as President and CEO of Motorcars Auto Group, Inc., a company engaged in the ownership and operation of exotic, high performance car dealerships and auto accessory businesses. Mr. Tenzer currently serves as General Partner of Northerly Company, a real estate partnership. Mr. Tenzer graduated from Cornell University, where he was awarded his BA degree, in 1953, and from NYU Law School, where he earned his LLB, in 1956. Mr. Tenzer was admitted to the New York Bar in 1957 and practiced law in private practice until 1961.
More detailed Bio found also here: http://www.prnewswire.com/news-releases/associated-automotive-group-announces-barry-tenzer-as-chairman-75549117.html
Roberto Fata (43) EVP
Mr. Roberto Fata has been appointed as Executive Vice President - Business Development, Director of First Quantum Ventures Inc., effective November 10, 2011. He served as Executive Vice President – Business Development and Director of DiMi Telematics prior to the Share Exchange, and assumed those duties with the Company following the Share Exchange. Since 1991, Mr. Fata has been employed by the FATA Organization, a New York City-based real estate company that has owned and managed commercial and residential properties in Manhattan, New York for over 70 years. As the firm’s President and Managing Director, he has played a leadership role in the revitalization of Harlem, one of Manhattan’s most famous neighborhoods. He currently serves on the Board of Directors for both the Greater Harlem Board of Realtors and the 125th Street Business Improvement District. In 2006, Mr. Fata founded DiMi PA, Inc. to commercialize DiMiSpeaks, a facility management software and hosting solution that he developed to better manage the many building operating systems that support all of the FATA Organization’s real estate properties. In 2010, Mr. Fata sold the assets of DiMi PA to DiMi Telematics and he now serves as Executive Vice President of Business Development and a Director.
Bios: http://markets.ft.com/Research/Markets/Tearsheets/Directors-and-dealings?s=DIMI:QBB
Hearbreaking Story of how it began
:
http://www.nytimes.com/2010/10/20/nyregion/20about.html
Patent pending: http://www.faqs.org/patents/inventor/fata-6/
Roberto Fata, New York, NY US
Patent application number Description Published
20100274366 Monitoring and control systems and methods - A system and a method for controlling and monitoring a system within a facility are disclosed. The system includes a facility component configured to include at least one control point configured to be disposed within a facility and to monitor and control at least one element of the system within the facility; a network component configured to be communicatively coupled to the facility component and configured to process information received from the at least one control point; a remote client component configured to be communicatively coupled to the network component and configured to provide monitoring and control of the facility via the network component and the facility component. The remote client component is configured to receive processed data from the network component and generate instructions to the control point via the network component. 10-28-2010
So tons of shares and warrents were given away for or around 17cts pre those two 2:1 forward splits.
Current Stock price: $1.25
Something is setting up here and will aproach soon imo.
Webpage: http://www.dimispeaks.com/ <-nice weppage,congrats!
DiMi Telematics International, Inc
Formerly=First Quantum Ventures, Inc. until 3-2012 (FQVE.ob)
Formerly=Cine-Source, Inc. until 5-04
Formerly=Starwood Ventures, Inc to 5-89
Security Details (taken from OTCMarkets):
Share Structure
Market Value1 $534,646,160 a/o May 25, 2012
Shares Outstanding 427,716,928 a/o May 18, 2012
Float 90,268 a/o May 12, 2009
Authorized Shares 500,000,000 a/o May 12, 2009
Par Value No Par Value
Shareholders
Shareholders of Record 35 a/o Sep 28, 2010
Security Notes
New Issue=11-88 100,000,000 shs in units (1 sh Com, 1 Class A Warr 11-15-89 & 1 Class B Warr 11-15-90) at $0.005 per unit (best efforts-30,000,000 min.) by Marshall Davis, Inc. et al.
Capital Change=shs decreased by 1 for 200 split. Pay date=5-21-04.
Capital Change=shs decreased by 1 for 100 split Pay date=02/25/2008.
Capital Change=shs increased by 2 for 1 split Ex-date=04/18/2012. Rec date=04/16/2012. Pay date=04/17/2012.
Capital Change=shs increased by 2 for 1 split. Ex-date=05/18/2012. Rec date=05/16/2012. Pay date=05/17/2012.
Last 10Q: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8546656
Common Stock
The Company formed in the state of Nevada on January 28, 2011. The company has authorized capital of 500,000,000 shares of common stock with a par value of $0.001.
During the period ended August 31, 2011 the company issued 74,100,000 shares of common stock through stock purchase agreements in the amount of $312,000, of which 42,000,000 shares of common stock were issued through the period ended February 28, 2011.
On July 29, 2011 the company issued 12,000,000 shares of common stock and 12,000,000 warrants for the purchase of common stock pursuant to an Asset Purchase Agreement for the purchase of intellectual property.
The Company entered into a Securities Purchase Agreement for the sale of 150,000 shares of common stock at $0.17 per share. The Security Purchase Agreement includes 37,500 Class A warrants and 37,500 Class B warrants. On September 12, 2011, the Company received $25,000.
On September 28, 2011 the Company entered into a Securities Purchase Agreement for the sale of 1,200,000 shares of common stock at $0.17 per share in the amount of $200,000. The Security Purchase Agreement includes 300,000 Class A warrants and 300,000 Class B warrants.
On October 28, 2011 First Quantum Ventures entered into a Share Exchange Agreement (“Share Exchange”) with DiMi Telematics, Inc. shareholders. Pursuant to the agreement, First Quantum Ventures issued 87,450,000 shares of common stock in exchange for all outstanding shares and warrants to purchase common shares of DiMi Telematics, Inc (DTI), First Quantum Ventures, Inc received 145,750,000 shares of common stock and warrants to purchase 21,625,000 shares of common stock. In connection with the Share Exchange, (a) 15,000,000 shares of the Company’s issued and outstanding common stock owned by Kesgood Company, Inc. were surrendered for cancellation
During the second quarter the Company sold stocks in the amount of $815,000. The stocks were unissued as of February 29, 2012. The Company is required to issue 5,050,000 shares of common stock.
Warrants
The Company issued 12,000,000 Common Stock warrants, at an exercise price of $0.17 per share, pursuant to an Asset Purchase Agreement on July 29, 2011 for the purchase of intellectual property. The warrants have an expiration date of four years from the issue date and contain provisions for a cash exercise. The estimated value of the warrants granted in accordance with the Asset Purchase Agreement was determined using the Black-Scholes pricing model and the following assumptions:
During the first quarter the Company issued 337,500 Class A warrants at an exercise price of $0.17 per share and issued 337,500 Class B Warrants at an exercise price of $0.25 per share. The estimated value of the warrants granted in accordance with the Asset Purchase Agreement was determined using the Black-Scholes pricing model and the following assumptions...
Company Officers
Barry Tenzer (79) CEO, CFO, President
Mr. Barry Tenzer has been appointed as President, Chief Executive Officer, Chief Financial Officer, Secretary, Director of First Quantum Ventures Inc., effective November 10, 2011. He served as President, Chief Executive Officer, Chief Financial Officer, Secretary and Director of DiMi Telematics prior to the Share Exchange, and assumed those duties with the Company following the Share Exchange. Mr. Tenzer founded, managed and served as a board member of numerous private and public companies operating in a broad range of industries, including real estate, property management, construction, legal services, commercial packaging, cemetery, auto sales and chartered aviation services. From 1968 to 1981, he was General Partner of 527 Madison Avenue Company NY, LP, and No. 34th St. Company, L.P., and Limited Partner in approximately 20 real estate investments. From 1976 to 2003, Mr. Tenzer was the CEO of HIG Corporation, which owned and operated six cemeteries in Maryland, Virginia and Florida. From 1997 to 2003, Mr. Tenzer also founded and served as President and CEO of Motorcars Auto Group, Inc., a company engaged in the ownership and operation of exotic, high performance car dealerships and auto accessory businesses. Mr. Tenzer currently serves as General Partner of Northerly Company, a real estate partnership. Mr. Tenzer graduated from Cornell University, where he was awarded his BA degree, in 1953, and from NYU Law School, where he earned his LLB, in 1956. Mr. Tenzer was admitted to the New York Bar in 1957 and practiced law in private practice until 1961.
More detailed Bio found also here: http://www.prnewswire.com/news-releases/associated-automotive-group-announces-barry-tenzer-as-chairman-75549117.html
Roberto Fata (43) EVP
Mr. Roberto Fata has been appointed as Executive Vice President - Business Development, Director of First Quantum Ventures Inc., effective November 10, 2011. He served as Executive Vice President – Business Development and Director of DiMi Telematics prior to the Share Exchange, and assumed those duties with the Company following the Share Exchange. Since 1991, Mr. Fata has been employed by the FATA Organization, a New York City-based real estate company that has owned and managed commercial and residential properties in Manhattan, New York for over 70 years. As the firm’s President and Managing Director, he has played a leadership role in the revitalization of Harlem, one of Manhattan’s most famous neighborhoods. He currently serves on the Board of Directors for both the Greater Harlem Board of Realtors and the 125th Street Business Improvement District. In 2006, Mr. Fata founded DiMi PA, Inc. to commercialize DiMiSpeaks, a facility management software and hosting solution that he developed to better manage the many building operating systems that support all of the FATA Organization’s real estate properties. In 2010, Mr. Fata sold the assets of DiMi PA to DiMi Telematics and he now serves as Executive Vice President of Business Development and a Director.
Bios: http://markets.ft.com/Research/Markets/Tearsheets/Directors-and-dealings?s=DIMI:QBB
Hearbreaking Story of how it began
: http://www.nytimes.com/2010/10/20/nyregion/20about.html
Patent pending: http://www.faqs.org/patents/inventor/fata-6/
Roberto Fata, New York, NY US
Patent application number Description Published
20100274366 Monitoring and control systems and methods - A system and a method for controlling and monitoring a system within a facility are disclosed. The system includes a facility component configured to include at least one control point configured to be disposed within a facility and to monitor and control at least one element of the system within the facility; a network component configured to be communicatively coupled to the facility component and configured to process information received from the at least one control point; a remote client component configured to be communicatively coupled to the network component and configured to provide monitoring and control of the facility via the network component and the facility component. The remote client component is configured to receive processed data from the network component and generate instructions to the control point via the network component. 10-28-2010
So tons of shares and warrents were given away for or around 17cts pre those two 2:1 forward splits.
Current Stock price: $1.25
Something is setting up here and will aproach soon imo.
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