Replies to post #15171 on Woodbrook Group Holdings Inc (WDBG)

[getoffyourass]

Thanks. Should be a good runner
Press reports indicate that the Nasdaq company in question is called Neuro-HiTech Inc (NHPI), a Florida-based pharmaceutical company.
Other recent acquisitions by Woodbrook, in addition to NHPI and Mutual Trust, have included a Cyprus-based wealth manager, Felicitas, in June; and Robusto Asset Management GmbH, a German asset manager, in October 2017.

[braybrit]

This news confirms short and long term gains and now just for pennies.

What a way to end the year and begin the next!


Life changer indeed.

[Papoon]

Woodbrook grp. is becoming a powerful multinational company, well versed in international law. That's why they are pulling this RPO off so brilliantly. Great company offering much needed services in a 21st century world. Oh, and not to mention a first class and dynamic CEO! IMO

[cjstocksup]

News on the NHPI / Woodbrook Merger link out. Our new CEO is using the NHPI shell to take his financial company public on the Nasdaq.
"According to Doherty, Woodbrook hopes to realise as much as US$50m (€44m) when its shares begin to be traded, which he noted “could” happen before the end of the year but is more likely to take place in early 2019.

Press reports indicate that the Nasdaq company in question is called Neuro-HiTech Inc (NHPI), a Florida-based pharmaceutical company."
I have been in a few of these in the past. Hold tight for the big $$$ ahead. Scroll down they plan to see the company worth over 22 billion dollars in assets by the end of 2019!
"Once the reverse IPO has taken place, Doherty will assume the role of chief executive and president of the merged entity. He will be joined by three existing senior Woodbrook executives: Senan McGonigle, who will be chief operating officer; Maria Milaj, who will become the new chief compliance officer; and Christina Doherty, who will be in charge of information technology and marketing.

As reported by the Irish Times and other media outlets earlier this week, and confirmed by Doherty, Woodbrook acquired a U.S. company to take over its Nasdaq listing, as it targets €20bn (US$22.7bn) in assets under management by the end of 2019.

https://www.americanexpatfinance.com/news/item/70-woodbrook-ceo-doherty-u-s-citizen-focused-biz-within-12-months .

[Howyadoing]

Nice article.
There are two quotes that have me scratching my head though.

#1 "According to Doherty, Woodbrook hopes to realise as much as US$50m (€44m) when its shares begin to be traded."

Aren't we already trading those shares?
Realizing as much as 50mil , is that Market Cap?

#2 "Once the reverse IPO has taken place, Doherty will assume the role of chief executive and president of the merged entity."

Hasn't the reverse IPO already taken place & Doherty is currently the CEO ?

Article in reference:
https://www.americanexpatfinance.com/news/item/70-woodbrook-ceo-doherty-u-s-citizen-focused-biz-within-12-months