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Walker

10/01/13 9:20 AM

#7804 RE: SmallCapValueInvestor #7803

Great info. - this is the real deal. With a previous 50 mil. market cap vs. a 1 mil+ market cap now we can see .10+ quickly imo.
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stervc

10/01/13 4:28 PM

#7853 RE: SmallCapValueInvestor #7803

MIC, with this Significant MRIB DD…

There are a few important things to take notice of with how this relates to MRIB. First, I think we need to understand that the SCHEDULE 13G for the ownership of 21,744,440 shares of common stock of MRIB filed by GAM Holding Ltd. is a little deeper to understand than what was indicated.

Before I explain the importance of this ownership of MRIB shares a little further, I think it’s important to know that we are talking about multi-billion dollar companies here and if a multi-billion dollar company had previously seen enough in MRIB’s operations to own such a huge position of millions of shares back when MRIB was publicly operational, then if MRIB can confirm that it is again becoming operational once again, then I think we all should immediately see that it will then definitely be worth learning why a multi-billion dollar company would want to own so many millions of shares in MRIB. Also, I think that it’s safe to presume that if the position of shares would have changed at any time, an amended Schedule 13G would have been filed. Still, it’s important to know what such a company thought about MRIB back when MRIB was operational. Something very huge could be upon us.

To further explain about this huge ownership MRIB shares, the actual 21,744,440 shares are managed by Swiss & Global Asset Management Ltd. ("Swiss & Global") which is a wholly owned subsidiary of GAM Holding Ltd. as indicated within the SCHEDULE 13G filed below:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8397588

To be even more technical to breakdown who the 21,744,440 shares of MRIB belongs to, although managed by Swiss & Global Asset Management Ltd. ("Swiss & Global"), it’s only one investment fund, JB Multistock Black Sea Fund, which is a sub-fund of Julius Baer Multistock SICAV. All of this is under Item 7. titled Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person within the SCHEDULE 13G filed below:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8397588


https://www.swissglobal-am.com/


http://www.jbfundnet.com/Login.aspx?ReturnUrl=%2fweb%2ftools%2fhome.aspx

The JB Multistock Black Sea Fund trades as JBBSEUA:LX at 29.66 EUR:
http://www.bloomberg.com/quote/JBBSEUA:LX

Bottom Line: As I must repeat this part again because I believe that it is very important to understand. I think it’s important to know that we are talking about multi-billion dollar companies here and if a multi-billion dollar company had previously seen enough in MRIB’s operations to own such a huge position of millions of shares back when MRIB was publicly operational, then if MRIB can confirm that it is again becoming operational once again, then I think we all should immediately see that it will then definitely be worth learning why a multi-billion dollar company would want to own so many millions of shares in MRIB. Also, I think that it’s safe to presume that if the position of shares would have changed at any time, an amended Schedule 13G would have been filed. Still, it’s important to know what such a company thought about MRIB back when MRIB was operational. Something very huge could be upon us.

v/r
Sterling
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trade-stock000

10/01/13 4:39 PM

#7854 RE: SmallCapValueInvestor #7803

very nice find MIC, I like this part very much:

Why would a Swiss based hundred billion dollar asset management fund want a 10% stake in $MRIB? Time will tell...



thanks

good night folks
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Namaste Charting

11/16/13 10:29 AM

#13090 RE: SmallCapValueInvestor #7803

WOW!! That's a Huge stake by Fund with BILLIONS!! That's for that! $MRIB

MIC Member Level Tuesday, 10/01/13 09:18:08 AM
Re: None
Post # of 13089

Can someone fact check this for me...

When I was looking for the filling that came out yesterday, I stumbled across a Form SC 13G/A from Feb 13, 2012.

Basically what that type of form is to be filled when someone (investor or group) acquires a stake in the company between 5% - 20%

In the case of MRIB, it was a asset management group called GAM Holding Ltd based in Switzerland that acquired 10.67%.

Here is where it gets good:

GAM Holding Ltd trades on the Swiss Stock Excahnage under ISIN CH0102659627 with a Market Cap of 3,043,693,000 and a Price per share of 16.60 CHF curreny, convered to our USD that is a market cap of 3,370,646,502 (3.3B USD) and a price per share of 18.38 USD.

Further more, GAM's 2012 annual report shows that they have 116.2 billion CHF ($128.68 billion USD) assets under management.

Why would a Swiss based hundred billion dollar asset management fund want a 10% stake in $MRIB? Time will tell...

Sources of info:

Filling: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8397588

GAM 2012 year end report: http://www.gamholding.com/Media/Financials/Annual_Report_2012.pdf

GAM's stock info: http://www.gamholding.com/en/Default.aspx?page=30-investor%20and%20media%20relations/40-share%20information/10-share%20information.html