Angel Business Club News https://angelequitygroup.com/ Angel Business Club News Feed en <![CDATA[Angel Business Club Christmas Giftcard]]> https://abc.angelequitygroup.com/news/angel-business-club-christmas-giftcard Wed, 12 Dec 2018 12:30:00 +0100

The  final race for gifts has started!

A membership to the Angel Business Club is a unique gift. Its potential value will grow for many years to come. Offer your loved ones the opportunity to participate in the journey of several companies with a promising and exciting future.

Offer a gift card. Buy a gift card and download the Gift Card design where you will fill in your invite link and the gift card code.

The document includes a guide to register as an ABC Member and redeem the gift card to activate the Membership.

Happy holiday season to all!

The Angel Business Club Team

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https://abc.angelequitygroup.com/news/info/angel-business-club-christmas-giftcard
<![CDATA[What is Success? | Thought of the day by Dominic Berger ]]> https://abc.angelequitygroup.com/news/What is Success Fri, 07 Dec 2018 18:19:00 +0100 This is THE question people ask. First what is the definition of success for the Angel Business Club?

Dominic Berger shares his thought and his view on success.

 

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https://abc.angelequitygroup.com/news/info/What is Success
<![CDATA[Britannia's Gold: Update November 2018]]> https://abc.angelequitygroup.com/news/bgl-update-nov-22-18 Thu, 22 Nov 2018 00:00:00 +0100 By: Britannia’s Gold Ltd

Following on from our last update distributed on the 12/11, the offshore team has continued operations in a bid to remove the hull plating above the desired strong room location. This has proven particularly difficult due to the plates physical properties which after analysis were found to be mild steel grade A. Grade A has the highest level of carbon content and makes for a very strong and brittle material; the rivets used to secure the plates together, as well as the structural framework of the vessel,  remain in extremely good condition and therefore give the overall hull structure a great deal of integrated strength.

Combined with adverse weather conditions halting operations at site for a couple of days, the above has meant the team has had difficulty in creating the necessary opening needed to gain access below. In total some 55m² of hull materials have been removed, giving partial exposure to the areas below but this is not large enough to work through.

Direct vertical access to the required location is always going to be best policy, however not always possible. Consequently, taking into consideration the difficulties to date and wanting to optimise  time at site, the salvage team has commenced cutting into the wreck from a different angle adjacent to the initial hull plate work area. The team is concentrating on removing overburden steelwork which is much easier to deal with due to its level of degradation; once cleared it will allow for a large horizontal access aperture to be made within the wreck. The grab is working efficiently at clearing this initial overburden with regular loads in excess of 20-tons being lifted and shifted.

It is difficult at this stage to put any precise time limit on clearing the area to allow for access as we don’t know what obstacles are under the large level of overburden and how they may still be connected to the wreck. At the current rate of removal, and without any unforeseen challenges, we estimate to take 3 days to complete the task and  will then be able to enter where we need to be to commence on the next phase of operations.

At last a substantial weather window has opened and the team are busy working round the clock in order to maximise every moment of available time.

Source: britanniasgold.com

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https://abc.angelequitygroup.com/news/info/bgl-update-nov-22-18
<![CDATA[Britannia's Gold: Salvage Programme Progress Report 2]]> https://abc.angelequitygroup.com/news/bgl Salvage Programme Progress Report 2 Tue, 13 Nov 2018 11:13:00 +0100 By: Britannia’s Gold Ltd

It has been a challenging week with repeated visits from Irish Navy, Air Force and Coast Guard questioning our activities.

Although BGL is legally within its rights to undertake salvage operations within international waters, the very rare nature of such operations does draw the attention of local authorities when a large salvage vessel shows up in their Exclusive Economic Zone (EEZ). In this instance BGL has been contacted by the controlling authorities for the region and asked to provide assurances that its operations are compliant with law and regulations as well as safe and without threat to the environment. We have been able to comply with all requests due to the company having a complete understanding of the relevant Acts and Regulations that apply to its operations and also having and maintaining a suitably equipped Safety Management System (SMS). Furthermore, BGL was happy to provide a full survey assessment to the local authorities, detailing the current status of the wreck.

Thankfully much of the time taken to agree all issues with the authorities occurred during a prolonged period of poor weather which had the salvage vessel on stand-by at location awaiting better conditions. Happily however,  the weather has since decreased and we have recommenced salvage operations with the full approval of the local authorities.

The single most difficult and time consuming part of this particular salvage operation is the breaking through of the outer hull plate; in this instance the hull plate is double thickness and the inner steel frames are  closer knit. This was needed as the vessel was sailing to Canada through Newfoundland and therefore needed to be strengthened to compensate for the ice it expected to encounter on a regular basis. We are making headway using specialist cutting equipment and structural removal work with our grabs and today, for the first time,  finally managed a glimpse inside the wreck through the worked aperture.

We still have a great deal of work to do but confidence remains high, driven on by the excitement brought about of recent developments.

 

More news to follow in due course…

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https://abc.angelequitygroup.com/news/info/bgl Salvage Programme Progress Report 2
<![CDATA[SITV makes strategic acquisition]]> https://abc.angelequitygroup.com/news/sitv-makes-strategic-acquisition Fri, 09 Nov 2018 13:42:00 +0100 By: Stockholm IT Ventures

STOCKHOLM IT VENTURES makes strategic acquisition and investment in Dubai based Blockchain Technology Capital

 

STOCKHOLM, SWEDEN (8 NOVEMBER 2018) – Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB – ISIN SE 0006027546) has acquired BlockChain Technology Capital Limited, a Dubai based blockchain startup, in an equity swap plus cash deal. SITV is going through a major acquisition drive as it positions itself as a global leader in providing next generation blockchain based financial services.

Blockchain is delivering tremendous disruption in all industry verticals especially in the financial services industry. SITV have been very busy over the last 12 months in acquiring the relevant financial technology and regulatory infrastructure to build the next generation of financial services by becoming a bridge between traditional financial asset classes and blockchain.

“We were very impressed with the founding team and want they wanted to do with their business as it fully aligned to our vision and roadmap for SITV”. – states Anthony Norman – CEO SITV.

The acquisition of BlockChain Technology Capital further strengthens SITVs expertise in the area of blockchain development, product innovation and advisory, building a strong blockchain ecosystem that connects all parts of its business.

“We are excited to be part of the SITV group to accelerate the vision of making it a global leader in the next generation of blockchain based financial services”.  – states Mujassum Butt Co-Founder and Managing Partner Blockchain Technology Capital.

“The synergies between us and SITV our tremendous and now being part of the group will further help grow our client base and strengthen our value offering” – concludes Asim Khan – Co Founder and Managing Partner Blockchain Technology Capital.

Blockchain Technology Capital will now become part of the SITV Group of companies and will continue to be based in Dubai, UAE and its management team and operation are going to be fully integrated with SITV’s.
About Stockholm IT Ventures AB
Stockholm IT Ventures AB is a Swedish public company listed on the Frankfurt Stock Exchange since 2014 under the ticker symbol SVAB. The Company specialises in clean and efficient low-cost energy cryptocurrency mining, production and related FinTech and Blockchain technologies. For more information visit www.stockholmit.co. You can also find the Company on FacebookTwitter and LinkedIn. Details on the Company’s Bytemine (BYTM) token and White Paper can be found at www.bytemine.io.
Media Contact:
Stockholm IT Ventures AB, Anthony Norman, media@stockholmit.co

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https://abc.angelequitygroup.com/news/info/sitv-makes-strategic-acquisition
<![CDATA[Britannia's Gold: Current Salvage Operation Update ]]> https://abc.angelequitygroup.com/news/britannia-s-gold-current-salvage-operation-update Mon, 05 Nov 2018 13:58:00 +0100 By: Britannia’s Gold Ltd

 

London 5 November,

On arrival at site, BGL conducted  as-found surveys of the target to confirm findings of the  survey visit in April. There were no changes which allowed for preliminary salvage operations to commence in the form of grab and ROV cutting saw works on the hull plating above the believed cargo location.

However it was noted that the grab was not operating at full efficiency and the primary ROV was not operating at full dexterity. With weather conditions closing in, it was decided to put into port to collect technicians and additional ROV equipment and carry out the repairs required to the ROV system and to also make some modifications to the grab. All this was done effectively and the vessel departed harbour within 15 hours of its arrival and headed out into sheltered waters to carry out tests on the upgraded ROV. With the weather remaining poor and seas of 10 metre swells, these tests continued throughout the weekend, inclusive of the vessel’s transit back to site. The vessel is now back on location in favourable weather and has recommenced salvage operations this morning 5th November. “

Initial teething problems can always be expected with the integration of new equipment onto existing vessels; the BGL team believes they have now overcome these issues and look forward to prolonged productivity at the wreck site.

Philip Reid

Britannia’s Gold Ltd.

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https://abc.angelequitygroup.com/news/info/britannia-s-gold-current-salvage-operation-update
<![CDATA[Rory Chichester and Oliver Hutley defining TECS Horizons]]> https://abc.angelequitygroup.com/news/4 Fri, 02 Nov 2018 14:37:00 +0100 By: TECS Group

Watch Rory Chichester and Oliver Hutley defining TECS Horizons

https://youtu.be/lYgyuJohAhI

Share this video on social media with #angelbusinessclub #defineyourhorizons

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https://abc.angelequitygroup.com/news/info/4
<![CDATA[SmartTrade - #DefineYourHorizons video]]> https://abc.angelequitygroup.com/news/smarttrade-defineyourhorizons-video Fri, 26 Oct 2018 17:41:00 +0200 By: SmartTrade App Ltd

Watch Kent Vorland CEO defining SmartTrade App Horizons

https://youtu.be/cqfBbC9_Qwk 

Share this video on social media with #angelbusinessclub #defineyourhorizons

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https://abc.angelequitygroup.com/news/info/smarttrade-defineyourhorizons-video
<![CDATA[Pre-IPO and business news update]]> https://abc.angelequitygroup.com/news/pre-ipo-and-business-news-update Fri, 12 Oct 2018 11:57:00 +0200 By: Ridercam Systems Ltd

As previously communicated the ongoing preparations to list the Ridercam share on Nasdaq First North in Stockholm Sweden is progressing. The Ridercam team is dealing with a wide range of chores ranging from share-for-share exchange, Euroclear application processes, Financial consolidation and presentation in a new corporate environment to production of relevant communication materials and vehicles such as a new webpage to host it all. As you can imagine - it is not a small feat to list a company

Further to the listing process business is ongoing and successful. Last week the company participated in the IAAPA/EAS trade show in Amsterdam and received many new leads to work on and quote. New prospective installations in Helsinki (Finland), Oman, Germany and Qatar are being planned. Following the success of our DC Rivals Hyperloop installation we are now moving one of our other installations to a new ride, Superman, where we expect the same results as has been generated on DC Rivals.

Our test-installation at Europa Park is going well. For the first time in history we are running our new 4.0 software which means we can sell videos online directly to guests. The full launch of the Ridercam HD 4.0 system is now moving closer day-by-day. The company is currently testing the new camera solution and performing various other integration tests.

Also in development is our new corporate webpage which has undergone a total re-design and content upgrade. We hope to be able to launch our new page later next week. (The headline above reads: We have created a unique product - High Definition Memories - ready to be installed in FunParks all over the world). Stay tuned and have a great weekend!

Andreas Fatum | COO Ridercam Systems

 

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https://abc.angelequitygroup.com/news/info/pre-ipo-and-business-news-update
<![CDATA[Mycab News]]> https://abc.angelequitygroup.com/news/mycab-news Mon, 24 Sep 2018 17:43:00 +0200 By: MYCAB

PRESSRELEASE SEPTEMBER 17 | 2018

MYCAB is delighted to announce the launch of a new EMEA wide transfers offering and partnership with Flight Centre Travel Group and Amadeus. Starting in the UK with FCM Travel and Corporate Traveller – consultants are able to seamlessly book ground transfers via Amadeus. Traveller details and dates are automatically extracted from an existing flight booking and search fields are pre-populated in the Amadeus booking tool. The booking is fully integrated into the PNR, which allows for simplified trip servicing and easy access to a transfer booking when needed.

The integrated MYCAB and Amadeus’ solution is also fully enabled with FCM and Corporate Traveller’s powerful new SEEQA online booking tool. This means that for the first time travellers and bookers can arrange point-to-point transfers and chauffeur services at over 300 airports and cities in 75 countries using an online booking tool. Launched earlier this year, SEEQA is a bespoke solution built on of the Amadeus cytric Travel & Expense tool that allows Flight Centre Travel Group to add proprietary functionality and content.

The MYCAB offering includes real-time flight tracking and adjustment of pick-up times based on flight arrival times. All vehicles are properly licensed, registered and insured and travellers are greeted personally by smartly dressed chauffeurs on arrival. Driver and passenger can make contact via SMS prior to pick up and in transit to ensure a seamless traveller experience and support employers’ duty of care obligations. Additional dedicated phone and email support is also available to passengers and bookers.

Steve Norris, Corporate Managing Director, Flight Centre Travel Group commented: “The launch of this transfers solution will revolutionise the way we book and manage ground transport services for our corporate clients giving them a much more efficient experience. It’s also a milestone moment for us to be able to give our corporate clients the option to book global transfers quickly and easily online for the first time via SEEQA. We are delighted to partner with MYCAB as our first preferred supplier within Amadeus transfer booking tool. MYCAB offers a complete solution for our corporate business as its comprehensive functionality can be customised to the different needs of our clients.”

Nigel Clarke, CEO MYCAB International added: “It’s a delight to be working with Flight Centre’s corporate businesses as this is a great fit to the MYCAB model and capabilities in offering a world-class and seamless experience for travellers, organisations and travel management companies. MYCAB is unique in providing a global transfers offering with full accountability from booking to fulfilment, payment, billing and administration, while also being rapid to deploy and customise through Amadeus technology”.

Peter Altmann, Head of Mobility at Amadeus said, “Transfers represents a major opportunity for TMC’s and travel sellers. The fact that Flight Centre has chosen Amadeus solutions, confirms our aligned vision on how to book transportation in the future. This combined with MYCAB, who is part of our partner portfolio, means business travellers served by FCM Travel Solutions and Corporate Traveller will enjoy a seamless trip experience when booking the most relevant point-to-point transfer option together with all other trip components.”

James Raffo | CMO MYCAB

 

ABOUT FLIGHT CENTRE TRAVEL GROUP

After starting with one leisure travel shop in the early 1980s, Flight Centre Travel Group (FCTG) has enjoyed remarkable growth to become one of the world’s largest travel groups with an annual turnover of AUD 20 billion. Headquartered in Brisbane FCGT operates some 40 brands globally, has 2800 businesses and employs over 19,000 people worldwide. Flight Centre has company-owned operations in 23 countries and a corporate travel management network, including business travel brands FCM Travel Solutions and Corporate Traveller, that spans more than 90 countries. FCTG was listed on the Australian Securities Exchange in 1995 (ASX: FLT).

ABOUT AMADEUS

Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers (e.g. airlines, hotels, rail and ferry operators, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and travel management companies).The Amadeus group employs around 15,000 people worldwide and does business in more than 190 countries. The company has central sites in Spain (corporate headquarters), France (development) and Germany (operations), and offices in 70 countries around the world. The group operates a transaction-based business model. Amadeus is listed on the Spanish Stock Exchange under the symbol “AMS.MC” and is a component of the IBEX 35 index. To find out more about Amadeus visit www.amadeus.com

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https://abc.angelequitygroup.com/news/info/mycab-news
<![CDATA[Britannias Gold hits the headlines]]> https://abc.angelequitygroup.com/news/britannias-gold-hits-the-headlines Wed, 19 Sep 2018 09:47:00 +0200 By: Britannia’s Gold Ltd

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https://abc.angelequitygroup.com/news/info/britannias-gold-hits-the-headlines
<![CDATA[WideCells has launched WideAcademy]]> https://abc.angelequitygroup.com/news/widecells-has-launched-wideacademy Fri, 07 Sep 2018 17:37:00 +0200

WideCells Group Limited is a worldwide provider of stem cell-based services. Our mission is to provide individuals and families access to affordable stem cell treatment globally.

WideCells has launched the WideAcademy Podcast

The Wideacademy Podcast is a new monthly series presented by Brhmie Balaram, bringing you the latest news, developments and information from the world of stem cell research and tech. 

Listen their podcast here:

https://soundcloud.com/user-238415383

 

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<![CDATA[UPDATE FROM MYTOWN]]> https://abc.angelequitygroup.com/news/update-from-mytown Fri, 03 Aug 2018 15:06:00 +0200 By: MYTOWN

Dear Members and Shareholders,

A quick update to let you know that the new platform will be live on the 15th August and the new app will follow 2 weeks later! Sorry for the delay but it will be worth it.

We have now partnered with Google, Ticketmaster, Groupon, Zoopla, Viator, Zumato, Booking.com, Cimenas2Go, Ebay, Exchange and Mart and many more!

Dominic Brookman | MyTown

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<![CDATA[New Mycab Website]]> https://abc.angelequitygroup.com/news/new-mycab-website Mon, 30 Jul 2018 00:00:00 +0200 By: MYCAB

PRESSRELEASE JULY 2018

We are delighted to announce a new chapter in the online experience for MYCAB customers and partners – as we continue to evolve with a brand new MYCAB International website alongside a major update to mycabtravel.com

MYCAB’s clear growth strategy is provide world-class ground transfer services that integrate seamlessly with the managed travel industry eco-system – working with the brightest and many of the biggest TMCs, Travel Agencies and major GDS platforms.

The new www.mycabinternational.com provides a comprehensive overview of MYCAB’s products and services, features and benefits most relevant to customers and partners alongside information about the business and leadership team. The site is also is a new hub for the latest news and blog posts, as well as ways for customers and passengers to get in touch

The new website is now fully integrated with the legacy www.mycabtravel.com site, which remains as a booking hub for direct customers. In the coming months we will integrate these sites into one, with a new streamlined booking process. In addition new region specific versions will go live, such as in the Middle East, Scandinavia and North America and the site will continue to evolve in content and functionality. We welcome all feedback – please email us at support@mycabtravel.com.

James Raffo | CMO MYCAB

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https://abc.angelequitygroup.com/news/info/new-mycab-website
<![CDATA[STOCKHOLM IT VENTURES ACQUISITION OF FANTRAC GLOBAL FAILS TO COMPLETE]]> https://abc.angelequitygroup.com/news/stockholm-it-ventures-acquisition-of-fantrac-global-fails-to-complete Thu, 05 Jul 2018 00:00:00 +0200 By: Stockholm IT Ventures

 

STOCKHOLM IT VENTURES ACQUISITION OF FANTRAC GLOBAL FAILS TO COMPLETE

 

Luxembourg, 4th July 2018, the below announcement was made on the Stockholm IT Ventures website earlier today stating that the acquisition of Fantrac failed to complete. We have since been in touch with both Fantrac directors and SITV board.

The Directors of Fantrac maintain that the acquisition did complete and accordingly they have instructed lawyers in Sweden to pursue the matter. Mr Lochner the CEO of Fantrac stated that every effort was being made to try and resolve this matter.

The Board of SITV were not available for comment

Our view is that this will probably end up being a legal matter and the outcome is unpredictable. We will continue to work in the best interest of our members exposed to this situation.

 

July 4, 2018 in Press Release

STOCKHOLM, SWEDEN (4th July, 2018) – Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB), a Swedish technology company specialising in clean and efficient low-cost energy cryptocurrency mining, today announced that following the appointment of a new Board of Directors on 1 February 2018, the Board conducted a root and branch review of all material contracts that the Company (SITV) had entered into during the previous two years. This process was put in place to ensure that the business had acted in the best interests of shareholders and that all legal obligations had been properly recorded. The Company appointed legal advisers KLA Legal, based in Stockholm, to assist in the review.

The Board has now received a legal overview from KLA specifically on the proposed acquisition of Fantrac Global. The legal position is that the transaction failed to complete at the time as conditions precedent were not met by the end date of 21 March 2017.  Stockholm IT Ventures did not issue any shares in relation to this transaction and therefore existing shareholders are not affected.

“Our main objective is and will always to serve the best purposes of our business and value to our shareholders,” said Anthony Norman, CEO, Stockholm IT Ventures. “As we forge ahead with our new team fulfilling on our vision for a new world crypto and digital financial services market landscape, we will continue to address business alignments that do not serve our greater purpose.”

The Company has tried to come to new terms with Fantrac in the intervening period, which has not resulted in an agreement and, therefore, Stockholm IT Ventures has now formally informed Fantrac that the transaction has failed to complete. The Board has since terminated all further discussions with Fantrac.

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https://abc.angelequitygroup.com/news/info/stockholm-it-ventures-acquisition-of-fantrac-global-fails-to-complete
<![CDATA[Ridercam Systems- All you need to know]]> https://abc.angelequitygroup.com/news/RDCinfographicsJune18 Tue, 03 Jul 2018 15:13:00 +0200

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https://abc.angelequitygroup.com/news/info/RDCinfographicsJune18
<![CDATA[WCG – Result of General Meeting]]> https://abc.angelequitygroup.com/news/wcg-result-of-general-meeting Sat, 30 Jun 2018 08:00:00 +0200 By: Widecells Group PLC

 

PRESSRELEASE • WCG • 28 June 2018

 

WIDECELLS GROUP – Result of General Meeting

WideCells Group PLC, the healthcare services company focused on providing stem cell services and ground-breaking insurance for stem cell treatment, is pleased to announce that following the Group's General Meeting held earlier today, all resolutions were duly passed.   As a result, the Placing (see announcements dated 10 May 2018, 5 June 2018, 11 June 2018 and 12 June 2018 for further information) is now unconditional, save for Admission.

An application has been made for admission of a total of 68,698,355 new ordinary shares of £0.0025 (Ordinary Shares) each, (being 67,865,022 Placing Shares and 833,333 Fee Shares, as set out in the Company's prospectus dated 12 June 2018) on the Official List of the FCA and to trading on the London Stock Exchange's main market for listed securities (Admission).  Admission is expected to take place at 8.00 am on 29 June 2018.

Following Admission, the Company's total issued share capital will consist of 133,519,365 Ordinary Shares.  As each ordinary share carries one vote the total number of voting rights attached to the ordinary shares in the Company is 133,519,365.

This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in ordinary shares in the Company in accordance with the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

WideCells Group PLC

WideCells Group PLC is building an integrated stem cell services company, focused on making stem cell treatments accessible and affordable. This is achieved through three divisions:

  • CellPlan: the world's first stem cell healthcare insurance plan with financial cover for medical treatment, travel and accommodation expenses and concierge service to manage the treatment process.
  • WideCells: The Institute of Stem Cell Technology has been established and is based in the University of Manchester Innovation Centre to provide stem cell storage services and focus on stem cell research and regenerative medicine. Its international cryogenics division specialises in stem cell storage, with the Group currently offering umbilical cord blood and tissue storage services to clients in the UK and Europe under the brand name BabyCells.
  • WideAcademy: an education and training division to promote awareness of the benefits of stem cell storage across the global general practice community.

The Group has built an experienced senior management team that has been integral to the development of its growth and business to date.

Stem Cell Fast Facts:

  • Cord blood (which is taken from the umbilical cord) provides the most effective source of stem cells for families due to it being simple, safe and painless to collect relative to other sources of stem cells such as bone marrow - WideCells will focus on promoting the collection and storage of cord blood.
  • Since 2005, there has been a 300% increase in the number of illnesses that can be treated using stem cells.
  • 82 illnesses can currently be treated using stem cell procedures.
  • Despite initial storage often costing no more than a few £thousand, actual treatment can cost in the £hundreds of thousands

END

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR). On publication of this announcement, this inside information is now considered to be in the public domain.

 

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https://abc.angelequitygroup.com/news/info/wcg-result-of-general-meeting
<![CDATA[BGL SALVAGE UPDATE]]> https://abc.angelequitygroup.com/news/bgl-salvage-update Fri, 29 Jun 2018 16:04:00 +0200 By: Britannia’s Gold Ltd

PRESSRELEASE • BRITANNIA’S GOLD LTD • 29 June 2018

SALVAGE UPDATE JUNE 2018

The Board of BGL is very aware of the recent lack of information regarding its current status and salvage plans. The purpose of this note is ideally to allay any concerns shareholders might have and to indicate the current operational thinking. I go into some detail as it is possible the logistics of mounting a salvage operation are not fully understood or appreciated.

Significant detail has been provided about the extensive survey carried out in April where the original intention was to survey 5 wrecks, but which resulted in 9 wrecks being surveyed – a very satisfying return on a survey investment of some £700,000. This led the company to successfully place a further 950 authorised ordinary shares boosting the company’s capital reserves.

As stated at the time, the intention was to ideally commence salvage operations during June. However, initial enquiries re salvage vessel availability emphasised that we had not fully appreciated the extent to which the 2018 rise in the oil price had resulted in a significant increase in industry activity, resulting in dramatically increased costs of charter and scarcity of vessel supply. Clearly the summer months are the prime season for North Atlantic activity with an expected rise in charter costs, but we had not envisaged a doubling of rates since our 2017 activities.

Given the challenges of mounting a salvage programme, together with the prohibitive costs of mobilisation and demobilisation, it was imperative this time we had an uninterrupted salvage charter of circa 45-60 days. One of the features of the current market is not only that our favoured vessel was on charter to the end of August, but other comparative and acceptable vessels were being taken for varying periods on the spot market which meant we could not secure the length of charter required.

The below will illustrate, that notwithstanding the number of vessels in service, our searches, led by James Fisher whose reputation is without peer in the market, could only identify 4 ships that might have been applicable and, as above, our choice was not immediately available. Leaving aside the increased, and both unnecessary and uneconomic logistic costs, there was the danger of our starting a salvage programme and having to leave the target unfinished and unprotected. Given that our efforts are being closely monitored, this was and remains a very real risk.

Vessel Option 1:

Option 1 is a very competent vessel, having great capability for station keeping as well as sufficient crane working limits required for BGL’s new heavy-duty grab system. However, the vessel is currently set up for survey operations and carries just a single ROV which was not suitable for the salvage operations BGL wish to undertake.

Vessel Option 2:

The smallest and most expensive vessel that was offered to BGL. Although having some good capabilities, the vessel was just too small to ergonomically position the array of salvage equipment required to undertake the project efficiently. Furthermore, the vessel was only supplied with a single ROV system which is far from ideal.

Vessel Option 3:

A very highly capable vessel with everything required for BGL to undertake operations confidently. However, as the vessel was offered to us, another client stepped in and snapped the vessel up for a 2- BRITANNIA’S GOLD LTD month charter. The vessel in question here currently has a sister ship that has just been newly released for the construction yard in China; it was offered to BGL for the project but would take 2 months before being in a state of readiness. BGL have not discounted this class of vessel for future operations due to the outstanding capabilities they have.

Vessel Option 4:

The final vessel on offer was singled out as the best option for BGL to utilise for the salvage programme. It had superior deck space and ROV capabilities over the other available vessels with twin subsea cranes which would allow for far greater efficiency in the deployment and recovery of salvage tooling. A vessel of such high stature and dexterity is in high demand by all major oil and gas operators and service companies wishing to charter. Her availability window was too small on this occasion for BGL to mobilise, salvage and demobilise within the given timeframe.

 

What was also highlighted was that by slightly delaying the programme, BGL could probably save as much as £1m on the overall costs with no adverse effect whatsoever on the expected or likely success of the exercise. More importantly, we could be assured of the requisite charter period being available without interruption. We appreciate that there is impatience for results and prospective dividends, but proper and optimum use of shareholder funds remains our prime objective.

To that end, and again advised and led by James Fisher, BGL is about to recommence its searches to identify the most economic charter programme available. Ideally this will see us leaving port in late August to have as a minimum three clear months of potential salvage operations. All our weather forecast investigations confirm this is entirely practical.

Philip Reid Chairman Britannia’s Gold Limited

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<![CDATA[MSM Environmental Services join Titan]]> https://abc.angelequitygroup.com/news/msm-environmental-services-join-titan Fri, 29 Jun 2018 09:57:00 +0200 By: TECS Group

 

PRESSRELEASE JUNE 29 • TITAN GROUP 

 

Acquisition of MSM Environmental Services Limited

Titan Group (‘Titan’), the provider of specialist services to the built environment is pleased to announce that it has acquired MSM Environmental Services Limited (‘MSM’) which will become part of our Group.

Founded by Andrew MacDonald and William Smith over 20 years ago, MSM provides a full range of specialist water treatment and gas services to both private and public-sector customers from its established operating base in Bury, Greater Manchester.

The acquisition of MSM provides Titan with an entry point into these regulation driven markets and is fundamentally in-line with our strategy to develop a leading integrated provider of specialist services to the built–environment. Furthermore, Titan also gains access to an established and highly-skilled engineering workforce, new operating geographies and exposure to customers who will benefit from the wider services offered by the Group.

Andrew MacDonald will remain with the business in the newly created role of Head of Gas & Water and will be directly responsible for the day-to-day operations of this division. The key members of MSM’s operational management team will also remain within the business.

Paul Witter, MD of Titan Group said:

“We continue to focus on the demand for services that are critical to our customers and covered by strict regulation or legislation. The acquisition of MSM further enhances the breadth of specialist services we are able to self-deliver and develops our market position, whilst ensuring we are able to fully control the delivery and standards of these services to our customers with our bespoke management and reporting systems. MSM benefits from strong recurring revenues, longstanding customer relationships and will further strengthen our national service delivery capabilities."

 

 

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https://abc.angelequitygroup.com/news/info/msm-environmental-services-join-titan
<![CDATA[SITV HIRES CRYPTO EXPERT TO SPEARHEAD DIVISION]]> https://abc.angelequitygroup.com/news/sitv-hires-crypto-expert-to-spearhead-division Thu, 28 Jun 2018 18:00:00 +0200 By: Angel Business Club

Dear Members,

One of our major strengths, and fundamentally how we differ from ordinary crowdfunding companies, is how we actively manage and curate our investments.

The Press Release below is but one example of the above. Since our CEO took over the reins at Trig, now SITV, stabilised the business and set it on a new course In the world of Crypto where since then the share price has increased over 1000%, our management team have continued to support and develop SITV, culminating in the key appointment of Phillip Nunn to SITV below. We have been instrumental in the appointment of Phillip Nunn and we are looking forward to him developing this investment and welcoming him on Angel webinars in the near future.

Dominic Berger comments

"Phillip and I have discussed in depth the development and strategy of SITV, where we are completely aligned, and I wish him the very best with the execution. His wealth of experience in the Blockchain world in my view is a key ingredient for the future development of this business. This is a major step forward for the business and I am looking forward to working with Phillip."

 

STOCKHOLM IT VENTURES ANNOUNCES APPOINTMENT OF PHILLIP NUNN TO MANAGING DIRECTOR OF CRYPTO DIVISION

June 27, 2018 in Press Release

Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB), a Swedish technology company specialising in clean and efficient low-cost energy crypto currency mining, today announced the executive appointment of blockchain and cryptocurrency expert, Phillip Nunn, to spearhead the company’s new Crypto Division. The move comes as part of Stockholm IT Ventures reorganization amidst the roll out of its new global strategy focused on new world crypto and digital financial services.

Phillip Nunn, CEO of The Blackmore Group, a bespoke investment house, said: “Stockholm IT Ventures is a publicly traded technology company, backed by a board with a wealth of experience across many tech and financial sectors. The forward thinking, innovative decision to pivot their offering to become a Blockchain private bank demonstrates the foresight and ambition of the board.”

“I’m joining the Stockholm IT Ventures team to guide them forward into this next phase of growth. We are truly altering the fabric of business, blockchain, and cryptocurrency.

Roger Tamraz, Chairman of Stockholm IT Ventures, said:

"The board and I are delighted that Phillip has agreed to join our company to develop and expand our business into a wider decentralised crypto focused financial services business. This heralds’ the beginning of our journey to become a major global player in the blockchain world by building a vibrant new community driven financial services ecosystem. The new positioning of Stockholm IT Ventures will be published soon."

Phillip Nunn is a well-known and highly regarded online influencer in the blockchain and crypto space, having sat on the advisory boards of numerous ICO’s over the past 12 months where he has helped structure and fund some of the biggest companies of the future. In 2013, Nunn founded The Blackmore Group, which today has become one of the fastest growing house building businesses in the UK.

Nunn has 15 years’ experience in financial services. He sits on several advisory boards of many ICOs (Initial Coin Offerings) such as Pigzbe, a part physical, part digital wallet, Sportyco, a grass roots funding platform for rising sports stars, TVTwo, a television ecosystem on the Ethereum blockchain and Xeeda, the world’s first smartphone, hardware wallet.

About Stockholm IT Ventures AB

Stockholm IT Ventures AB is a Swedish public company listed on the Frankfurt Stock Exchange since 2014 under the ticker symbol SVAB. The company focuses on clean and efficient low-cost energy cryptocurrency mining and production, and in blockchain related technology. All mining activities shall use clean and sustainable energy from hydro power stations in Northern Europe, requiring less heat-generating energy compared to ordinary mining for Bitcoin. The Stockholm IT Ventures stock represents a green investment in cryptocurrency technology. For more information, visit www.stockholmit.co. You can also find them on Facebook, Twitter and LinkedIn. Details on the company’s Bytemine (BYTM) token and White Paper can be found here: www.bytemine.io.

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https://abc.angelequitygroup.com/news/info/sitv-hires-crypto-expert-to-spearhead-division
<![CDATA[BGL MAKES THE HEADLINES]]> https://abc.angelequitygroup.com/news/bgl-makes-the-headlines Mon, 18 Jun 2018 10:31:00 +0200 By: Britannia’s Gold Ltd

GOLD HUNTERS INDENTIFIES $750M OF LOST CARGO

Survey by Ostensjo ship pinpoints World War wrecks that will yield treasure.

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https://abc.angelequitygroup.com/news/info/bgl-makes-the-headlines
<![CDATA[WideCells Group resumes trading]]> https://abc.angelequitygroup.com/news/widecells-group-resumes-trading Fri, 15 Jun 2018 10:27:00 +0200 By: Widecells Group PLC

Joao Andrade and David Bridgland from WideCells Group PLC (LON:WDC) discuss the recent suspension of shares due to a delay in the publication of their full year results.

Joao alongside CFO David Bridgland in an interview with Proactive Investors also discuss WideCells Group's plan to execute the strategy over the next 12 months.

Watch the full interview here:

https://www.youtube.com/watch?v=9xHxIPszELM

 

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https://abc.angelequitygroup.com/news/info/widecells-group-resumes-trading
<![CDATA[Investment Updates]]> https://abc.angelequitygroup.com/news/investment-updates3 Tue, 12 Jun 2018 10:19:00 +0200 By: Angel Business Club

This Wednesday, June 13, our CEO Dominic Berger will give a brief update on all investments and any significant updates from the companies in our portfolio, what they have achieved and what their plans are going forward.

As usual on our Investment Update Webinar all Members are welcome to join us in the Club Lounge in London for the live broadcast. Members who wish to participate must send an email to support who will respond with address and timings. WELCOME!

NEW START TIME THIS WEEK!

The webinar will start at 5PM UK / 6PM CEST. To register please access your webinar link (active members only) in our event calender.

 

Check out the new Global Shakers platform...

 

This week, all active members will get FREE shares in...

 

Missing out on all the great stuff? Activate your membership today!

 

Have a great week!

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https://abc.angelequitygroup.com/news/info/investment-updates3
<![CDATA[ALL GOOD NEWS FROM SMART TRADE APP]]> https://abc.angelequitygroup.com/news/all-good-news-from-smart-trade-app Fri, 08 Jun 2018 17:22:00 +0200 By: SmartTrade App Ltd

SmartTrade has gained significant momentum in the past 3-4 months, all leading up to now raising a round of £500,000 to fund partner developments and growth. Significant progress has been made with large institutions, contracts have been signed, volume has increased and smaller partners are coming on board and enquiring at an increasing pace. Interest is coming from partners, accelerators, investors and customers more than ever. We are eternally grateful for ABC’s continued support and now hope we can continue this momentum, raise enough to finalise development with partners and give ABC and its members the ROI they deserve for all the backing!

HERE ARE SOME OF THE MOST IMPORTANT HIGHLIGHTS

CardONE Banking

The digital bank has agreed to offer SmartTrade App to all their merchants via single sign-on. This means that every new customer of CardONE will automatically receive a SmartTrade App account using their CardONE credentials. Here are the numbers:

  • New customers signed up: 5-600/month
  • Additional applicants to market to: 5-600/month
  • Existing merchant base: 5,500
  • Further marketing: 40,000 SME pool available to campaign towards

 

Quotatis International Expansion

SmartTrade’s large white label partner, Quotatis, the second largest home improvement lead generator in the UK, has reached out and said their app, Quotatis Smart App, built and operated by SmartTrade, has been such a success they wish to expand to France and Spain. They currently have 2,500 live merchants in France and 500 in Spain, but wish to use the Smart App as a means of really expanding their business in both countries.

 

Wirecard/Vocalink/Barclays

Through our signed deal with Wirecard SmartTrade are progressing with Barclays MoU signed fall, 2017. Further great news in that Vocalink has agreed to pay SmartTrade App £40,000 in funds to integrate PayByBank App (PBBA). Following a live integration of PBBA the following has been promised between all parties:

  • Showcasing STA merchants on Barclays website
  • Promotion to 3 million pingit customers
  • TV advertisement featuring STA merchants
  • Visibility in trade shows and exhibitions next to global brands such as
  • MasterCard and Wirecard
  • Relevant referrals sent through to STA from Wirecard

Furthermore, we will per the MoU gain further exposure to Barclaycard’s SME base once we have gone live with PBBA, through which Pingit is accepted. This will allow merchants to take direct bank-to-bank push payments starting from 0.45% transaction rate (about ¼ of current rates) and near to no risk with real-time settlement. The MoU outlines a goal of 135,000 active users in the first 3 years of going live with PBBA.

 

WeXelerate

SmartTrade App has gone through to the final round of the WeXelerate accelerator program in Vienna. WeXelerate is one of the (if not the) largest largest startup hubs in Europe and would open incredible opportunities for SmartTrade to access a whole new ecosystem, network and funding options. SmartTrade are amongst the top 100 startups (of 1200 applicants) in the final round out of which we can expect about 50 to make it all the way through.

 

Card Volume Processed

SmartTrade App has to date processed well over £8 million in card payments, with volume growing from £180k per month in January to near £400k in May. Despite an expected seasonal slowdown over the summer, the first week of June has indicated the opposite with a 10% increase in the first 7 days compared to May! The increase is in great part due to massive efforts in increasing their outreach to franchises, trade shows and potential resellers in the UK, as well as upping social presences. Their support team has also done an excellent job in pleasing customers and retaining their business.

 

Lloyds Bank

The behemoth deal with Lloyds is steadily progressing and the department in Lloyds spearheading the business case has now got the buy-in of all other departments. The project would include a white labeled trial which has an estimated timeline of 3-months development and a £75,000 project cost which Lloyds have agreed to cover. A 2 month trial with about 200 merchants would follow before going live nationwide and signing up 125,000 new customers per year. Lloyds have estimated they have a total of £7 billion in transactions they could move over to a white label of SmartTrade App, which is currently being deposited in cheque and cash and processed in-branch. This means tens of millions of pounds in savings for the bank. SmartTrade App would have a % of all transactions taking place within the mobile application.

The project would also include switching acquiring bank from Stripe to Cardnet. This means better terms for SmartTrade as well as merchants on both rates, signup flow, processing time and contacts to work with.

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https://abc.angelequitygroup.com/news/info/all-good-news-from-smart-trade-app
<![CDATA[TITAN GROUP – SPRING NEWS]]> https://abc.angelequitygroup.com/news/titan-group-spring-news Thu, 31 May 2018 11:37:00 +0200 By: TECS Group

Below are some highlights from our newest addition to company line-up, Titan Group. Please visit their company page here on our platform for more information.

 

NEW ACQUISITION

AIR CONDITIONING AND REFRIGERATION SPECIALIST 

Titan Group Acquisition of Pulse Engineering Services (UK) Limited

Titan Group (‘Titan’), the leading provider of specialist services to the built environment is pleased to announce that it has acquired Pulse Engineering Services (UK) Limited (‘Pulse’) which will become part of our Group.

Founded by Paul Smith in 2012, Pulse is a provider of Air Conditioning and Refrigeration services to a wide range of clients with a focus on the retail, leisure and manufacturing sectors. The services provided by Pulse and are complementary to those offered by Titan’s existing business and the acquisition enhances our ability to self-deliver specialist services that are essential to our customers.  
 
Paul Smith will remain with the business in the newly created role of Head of Air Conditioning and Refrigeration and will be directly responsible for the day-to-day operations of this division. The key members of Pulse’s operational management team will also remain within the business.
 


Paul Witter, MD of Titan Group said:

“With a high-quality management team and established client-base, it is considered that Pulse brings a strategic offering with strong growth potential to Titan. Working closely with Paul Smith and his team during the sale of the business I have found that Pulse genuinely shares and the same values we do; and by combining our service offerings, Titan will be able to provide a wider breadth of self-delivered specialist services to our customers across the United Kingdom with a key focus on customer satisfaction.”

 

NEW CONTRACT WIN

INDIGO PARK SERVICES
PLANNED AND REACTIVE M&E AND FABRIC SERVICES

Titan Group wins national contract with Indigo Park Services UK Limited

Titan Group, the leading provider of specialist services to the built-environment has been awarded a new three-year contract by Indigo Park Services UK Ltd. The contract will see Titan provide a Total Facilities Management (TFM) solution including the provision of compliance, mechanical and electrical as well as planned and reactive maintenance services across their national portfolio of 38 car parking facilities.

This long-term contract marks Titan Group’s entry into the managed car-parks sector. It will see the company apply its national reach and multi-site mobile engineering capabilities to support Indigo in providing its customers with a safe and secure parking solution in a clean and friendly environment.

Titan’s tender was recognised for its cost-effective national service offering and ability to mobilise Indigo’s geographically diverse portfolio in a constrained timeframe.

Paul Witter, MD of Titan Group said:

“This is an important milestone for Titan Group as we enter the managed car parks sector. We are fortunate to have gained a client with a clear vision for what it wants to deliver for its customers. We are committed to supporting Indigo by providing high-quality services at excellent value with a continued focus on compliance and transparency.”

Steve Quinlan, Facilities & Project Manager of Indigo added:

“We are delighted to formalise the partnership with Titan Group and look forward to working with a supplier that takes a technology-led approach to investing in its clients premises to deliver innovative service improvements and operational efficiencies.”

About Indigo

Indigo specialises in the development and management of bespoke car parking solutions for both public and private organisations. They are one of the UK’s best-known suppliers of parking infrastructure and management systems for healthcare, local authorities, transport, education and retail and property sectors. Indigo combines global knowledge with specialist operational strength and financial security and take on the approach that no two projects are the same. For more information on Indigo and the Group visit: www.parkindigo.com  

 

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https://abc.angelequitygroup.com/news/info/titan-group-spring-news
<![CDATA[Welcome TITAN GROUP]]> https://abc.angelequitygroup.com/news/welcome-titan-group Tue, 29 May 2018 11:46:00 +0200 By: TECS Group

The Club is very pleased to welcome our latest addition to our fantastic line-up of extraordinary and exciting companies – The Titan Group. This Wednesday all members will have the opportunity to learn more about the company on our Spotlight Webinar. Presenting the company will be Oliver Hutley and Rory Chichester, joint CEOs.

Titan Group is a leading provider of specialist services to the built environment across the UK and has developed a bespoke technology platform to disrupt the fragmented nature of the Facilities Management industry.

The company is placed in our Pre-IPO segment as they are planning to list the Titan Group on the NEX Exchange Growth Market (NEX) in London later this summer.

Welcome to ABC Titan Group, Oliver and Rory!

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https://abc.angelequitygroup.com/news/info/welcome-titan-group
<![CDATA[Introducing Jo Cruse]]> https://abc.angelequitygroup.com/news/introducing-jo-cruse Tue, 22 May 2018 09:17:00 +0200 By: Angel Business Club

Jo Cruse is the Managing Director of The Unreasonables – an education start-up which designs and delivers leadership programmes for the UK’s most ambitious schools. Born in London and raised in Cape Town, Jo last year co-led a nine-month expedition from Alaska to Argentina with her fiance Dom to uncover and share the stories of over 70 pioneering social entrepreneurs and investors across the Americas.

A former teacher of A-Level Politics and Economics, Jo read Politics, Philosophy and Economics at university. While living in South Africa, Jo held a number of key positions in the country’s main opposition party, the Democratic Alliance - including Chief of Staff to the Parliamentary Leader. Jo is passionate about encouraging young people to fulfil their highest potential. Her role as Managing Director of The Unreasonables enables her to combine two passions - entrepreneurship and education - to equip students across the UK with the insights and skills necessary to create powerful change in their own lives, and in the lives of those around them.

The webinar will start at 6PM UK / 7PM Central Europe

To register head over to our Event Calendar and click on the webinar link

 

Have you seen our current investment opportunity in Britannia's Gold? Click the banner below to find out more...

 

This week all active (paying) members in the Angel Business Club will receive FREE share entitlements in these diverse, unique and exciting companies...

Reinventing the souvenir theme park business with Digital and High Definition Video Memories ...

The launch of a new media platform tracking who is who in what counts at the moment ...

Fuelling the retail revolution with online technology connecting consumers and local businesses...

 

Not a member yet (or not active)? Press the button below and activate your own investment portfolio!

SEE YOU ALL ON WEDNESDAY!

 

RISK WARNING Investments of this nature carry risks to your capital. Please Invest Aware. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK (189495). Registered in England and Wales under registered number 3672149.

Investments in small companies that are not readily realisable are considered high risk investments and are not suitable for all investors. High risk or speculative investments are not generally suitable for investors who are seeking to preserve capital or earn income through investment. Investments in high risk products should only be considered as suitable for high risk investors or as part of an overall balanced portfolio of investments. We have not taken into account specific investment goals, the financial situation or specific requirements of individual investors. Hence, you should carefully consider your financial situation and consult your financial advisors as to the suitability of your situation prior to making an investment or entering into a transaction.

Please consider the following risk factors which, although significant, do not necessarily comprise all of the risks associated with an investment product:

  • Not all financial products are suitable for all investors.
  • Before entering into any transaction you should ensure that you understand and have made an independent assessment of the suitability and appropriateness of the transaction into which you are entering and the nature and extent of your exposure to risk of loss in light of your own objectives, financial and operational resources and other relevant circumstances.
  • All investments involve a degree of risk. The value of an investment may go down as well as up and you may not get back the money you invested. It should not be assumed that the value of investments always rises.
  • You should ensure that you have the financial capacity to bear the risk and only invest an amount you are willing to lose. Investors should build a diversified portfolio to spread risk.
  • Past performance is no guarantee of future results and higher risk investments carry the risk that some or all of the capital invested may be lost. The price of investments can change quickly and go down as well as up.
  • Higher risk or speculative investments have wider spreads on price and are more illiquid and in some circumstances it may be difficult to sell at any price.
  • Smaller company shares can be relatively illiquid, meaning they could be harder to trade, which makes them higher risk.
  • When committing funds to high risk investments, you may not be able to realise your investment within your overall time-scale, if at all (i.e. how long it will take before you can get your money back).
  • Risk can be brought about by the performance of world markets, interest rates, taxes on income and capital, and foreign exchange rates.
  • Investors should carefully consider their own personal financial circumstances before dealing in the markets. If you have any doubts about the suitability of an investment you should seek professional advice.
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https://abc.angelequitygroup.com/news/info/introducing-jo-cruse
<![CDATA[Investment Update May 2018]]> https://abc.angelequitygroup.com/news/investment-update-may-2018 Tue, 15 May 2018 16:59:00 +0200 By: Angel Business Club

This Wednesday, May 16th, our CEO Dominic Berger will give a brief update on all investments and any significant updates from the companies in our portfolio, what they have achieved and what their plans are going forward.

As usual on our Investment Update Webinar all Members are welcome to join us in the Club Lounge in London for the live broadcast. Members who wish to participate must send an email to support who will respond with address and timings. WELCOME!

The webinar will start at 6PM UK / 7PM CEST
To register please log in and access your webinar link in the Event Calendar

 

NB Investment updates are only available to active (paying members)
Activate your membership today not to miss out on valuable information

 

Current Investment Offers...

Club management remain positive about the prospects and outlook of WideCells and the stem cell therapy market and its future potential. We believe this is a unique opportunity for new Members to be a part of WideCells and for existing holders to average down.

The minimum investment is £60, or 2.000 shares and there is no maximum limit for Sophisticated or High Net Worth Investors with an upper limit of £ 2000 per Everyday Investors, provided it falls within the availability of shares secured for the Members of the Club. This offer will close on Friday, May 18th 2018 at 23.59 pm CET.

 

Final days to participate in this offer to acquire shares in Britannias Gold Ltd

– – –

Join João de Saldanha and our french Team in Paris!

Member meeting @ Hôtel Bedford on May 17th - more information available in the Event Calendar on the platform.

 

This week, all active members will get FREE shares in...

 

 

RISK WARNING Investments of this nature carry risks to your capital. Please Invest Aware. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK (189495). Registered in England and Wales under registered number 3672149.

Investments in small companies that are not readily realisable are considered high risk investments and are not suitable for all investors. High risk or speculative investments are not generally suitable for investors who are seeking to preserve capital or earn income through investment. Investments in high risk products should only be considered as suitable for high risk investors or as part of an overall balanced portfolio of investments. We have not taken into account specific investment goals, the financial situation or specific requirements of individual investors. Hence, you should carefully consider your financial situation and consult your financial advisors as to the suitability of your situation prior to making an investment or entering into a transaction.

Please consider the following risk factors which, although significant, do not necessarily comprise all of the risks associated with an investment product:

  • Not all financial products are suitable for all investors.
  • Before entering into any transaction you should ensure that you understand and have made an independent assessment of the suitability and appropriateness of the transaction into which you are entering and the nature and extent of your exposure to risk of loss in light of your own objectives, financial and operational resources and other relevant circumstances.
  • All investments involve a degree of risk. The value of an investment may go down as well as up and you may not get back the money you invested. It should not be assumed that the value of investments always rises.
  • You should ensure that you have the financial capacity to bear the risk and only invest an amount you are willing to lose. Investors should build a diversified portfolio to spread risk.
  • Past performance is no guarantee of future results and higher risk investments carry the risk that some or all of the capital invested may be lost. The price of investments can change quickly and go down as well as up.
  • Higher risk or speculative investments have wider spreads on price and are more illiquid and in some circumstances it may be difficult to sell at any price.
  • Smaller company shares can be relatively illiquid, meaning they could be harder to trade, which makes them higher risk.
  • When committing funds to high risk investments, you may not be able to realise your investment within your overall time-scale, if at all (i.e. how long it will take before you can get your money back).
  • Risk can be brought about by the performance of world markets, interest rates, taxes on income and capital, and foreign exchange rates.
  • Investors should carefully consider their own personal financial circumstances before dealing in the markets. If you have any doubts about the suitability of an investment you should seek professional advice.

 

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https://abc.angelequitygroup.com/news/info/investment-update-may-2018
<![CDATA[ONE WEEK ONLY | MEMBERS ONLY]]> https://abc.angelequitygroup.com/news/one-week-only-members-only Fri, 11 May 2018 13:42:00 +0200 By: Widecells Group PLC

Following the announcement by WideCells regarding both the delay in the publication of the annual audit and a comment on the company's financial position, we are very pleased to announce that the company has received commitments representing gross proceeds of approximately £1.47 million (before expenses) in support of a placing by the issue of 49,033,333 new ordinary shares of £0.0025 each in the share capital of the Company ('Ordinary Shares') to new and existing shareholders, at a price of 3 pence per share (the 'Placing Price'), conditional on (amongst other matters) approval by the Financial Conduct Authority of a prospectus to be published by the Group ('Prospectus'), the passing of certain resolutions to be put to shareholders at the general meeting of the Group to approve the share issuance, and Admission (the 'Placing').

The Club has exclusively secured £250.000 worth of shares for its Members – at £0,03 per share – this option will only be available for 1 week.

A new company presentation is available on our platform and we are also arranging an XTRA WEBINAR with WCG CEO, João Andrade. The webinar with João will take place on Tuesday, May 15th at 5PM UK time / 6PM CEST.

Access link to the webinar is: https://attendee.gotowebinar.com/register/5411538237328579330

Club management remain positive about the prospects and outlook of WideCells and the stem cell therapy market and its future potential. We believe this is a unique opportunity for new Members to be a part of WideCells and for existing holders to average down.

The minimum investment is £60, or 2.000 shares and there is no maximum limit for Sophisticated or High net Worth Investors with an upper limit of £2000 or 66.666 shares per Everyday Investors, provided it falls within the availability of shares secured for the Members of the Club.

Should you wish to participate in this offer; click banner below or head over to our Special Offer section and read more…

This offer will close on Friday, May 18th 2018 at 23.59 pm CET.

Please note that due to regulatory requirements and following the latest changes on our platform, if you have not done so yet, you will be requested to self-certify as either High Net Worth Individual or Sophisticated Investor in our fully regulated AngelEQT environment (on your first access only).

Likewise, if this is your first time in The Angel Business Club, you will also be requested to accept the new Investor Terms and Conditions where you acknowledge and accept to be treated as a Retail Client of Angel Corporate Finance, on a non-advisory basis.

 

ADDITIONAL INFORMATION

Funds raised will be used to expand the Group's core end-to-end stem cell services as it looks to build its revenue profile. This will focus on driving sales of its first of its kind global stem cell insurance plan CellPlan, and its stem cell storage services, which are provided through the Group's state-of-the-art cryogenics facility in Manchester, UK. See further 'Use of Proceeds' below.

DETAILS OF THE PLACING
Following the close of the placing and the publication of the Group's accounts for the year end 31 December 2017, the Group will seek the FCA's approval for the Prospectus relating to the Placing Shares and thereafter, an application would be made for admission of the Placing Shares to be listing on the Standard segment of the Official List of the UK Listing Authority and to trading on the Main Market for listed securities of the London Stock Exchange plc ('Admission'). Admission is currently expected to take place before the end of June 2018. The Company will update the market in due course.

The Placing Shares will rank pari passu in all respects with the existing Ordinary Shares in the share capital of the Company (including as to the right to receive dividends (and other distributions, if any) declared, made or paid by the Company after the date of issue of the Placing Shares).

INDICATIVE TIMETABLE
The following is an indicative timetable of the proposed transaction. These dates are indicative only and are subject to change, in which case new dates will be announced.
• Accounts published and trading suspension lifted (subject to approval from the Financial Conduct Authority): Monday 21 May 2018
• Prospectus published (including results of the Placing), general meeting notice issued to shareholders: Friday 25 May 2018
• Date of general meeting: Thursday 14 June 2018*
• Admission of Placing Shares and settlement date for placing letters: Friday 15 June 2018*

USE OF PROCEEDS
The Group's anticipated use of the proceeds of the Placing are as set out below.
The Group's ability to use the proceeds materially as below is conditional on the Group restructuring its current debt.

  • Repayment of debt £120,000
  • WideCells product development £150,000
  • CellPlan platform and product development and roll-out £110,000
  • WideacAdemy platform and courseware and roll-out £33,000
  • General working capital (Placing and Admission costs will be deducted from the proceeds) £1,058,000
  • Total £1,471,000

KEY RISK FACTORS
The risks below are the key risks that the Group and the directors consider to be material risks relating to the Group. There may be additional risks and uncertainties relating to the Group that are not currently known to the Directors or are currently deemed immaterial:

  • reliance on stem cell and cord blood banking market;
  • reliance on key agreements and third parties (including the Best Doctors agreement and the Group's lease of premises at its UMIC site);
  • compliance and licensing risks, including the Group's operations within a regulatory regime; and
  • reliance on key executives and personnel.

 

RISK WARNING Investments of this nature carry risks to your capital. Please Invest Aware. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK (189495). Registered in England and Wales under registered number 3672149.

Investments in small companies that are not readily realisable are considered high risk investments and are not suitable for all investors. High risk or speculative investments are not generally suitable for investors who are seeking to preserve capital or earn income through investment. Investments in high risk products should only be considered as suitable for high risk investors or as part of an overall balanced portfolio of investments. We have not taken into account specific investment goals, the financial situation or specific requirements of individual investors. Hence, you should carefully consider your financial situation and consult your financial advisors as to the suitability of your situation prior to making an investment or entering into a transaction.

Please consider the following risk factors which, although significant, do not necessarily comprise all of the risks associated with an investment product:

Not all financial products are suitable for all investors.

Before entering into any transaction you should ensure that you understand and have made an independent assessment of the suitability and appropriateness of the transaction into which you are entering and the nature and extent of your exposure to risk of loss in light of your own objectives, financial and operational resources and other relevant circumstances.

All investments involve a degree of risk. The value of an investment may go down as well as up and you may not get back the money you invested. It should not be assumed that the value of investments always rises.

You should ensure that you have the financial capacity to bear the risk and only invest an amount you are willing to lose. Investors should build a diversified portfolio to spread risk.

Past performance is no guarantee of future results and higher risk investments carry the risk that some or all of the capital invested may be lost. The price of investments can change quickly and go down as well as up.

Higher risk or speculative investments have wider spreads on price and are more illiquid and in some circumstances it may be difficult to sell at any price.

Smaller company shares can be relatively illiquid, meaning they could be harder to trade, which makes them higher risk.

When committing funds to high risk investments, you may not be able to realise your investment within your overall time-scale, if at all (i.e. how long it will take before you can get your money back).

Risk can be brought about by the performance of world markets, interest rates, taxes on income and capital, and foreign exchange rates.

Investors should carefully consider their own personal financial circumstances before dealing in the markets. If you have any doubts about the suitability of an investment you should seek professional advice.

 

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https://abc.angelequitygroup.com/news/info/one-week-only-members-only
<![CDATA[The table is set]]> https://abc.angelequitygroup.com/news/the-table-is-set Wed, 09 May 2018 08:14:00 +0200 By: Angel Business Club

Tonight Jerome is in charge of the menu!

And no surprise – the main course for this weeks INSIGHT Webinar is the wonderful world of Food & Beverages. Join Jerome Harlington, CEO of Trailblazing wine and Harlington, on a journey through one of our most engaging subjects.

 

The webinar will start at 6PM UK / 7PM Central Europe
To register please click on the following link
https://attendee.gotowebinar.com/register/1077311776002982402

 

Have you seen our current investment opportunity in Britannia's Gold?

Click the banner below to find out more...

RISK WARNING The above investment opportunities carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

 

This week all active (paying) members in the Angel Business Club will receive FREE share entitlements in these diverse, unique and exciting companies...

Reinventing the souvenir theme park business with Digital and High Definition Video Memories ...

The launch of a new media platform tracking who is who in what counts at the moment ...

Fuelling the retail revolution with online technology connecting consumers and local businesses...

 

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https://abc.angelequitygroup.com/news/info/the-table-is-set
<![CDATA[SPOTLIGHT ON GOLD]]> https://abc.angelequitygroup.com/news/spotlight-on-gold Tue, 01 May 2018 10:57:00 +0200 By: Angel Business Club

Join us tonight to get all the details from the latest Survey campaign and the plans for the next Salvage campaign.

Tonight, Wednesday May 2nd, our monthly Spotlight Webinar will feature Britannia's Gold Ltd. Will Carrier will step onto the stage and brief our Members on the latest achievements. Just recently Will and his Team came back to shore from an extensive Survey Campaign which comprised 5 shipwrecks with some very interesting and positive findings. Join our Spotlight Webinar this week to find out more...

The webinar will start at 6PM UK / 7PM CET
To register please go to our Event Calendar to access your webinar link.

While waiting, head over to the BGL website and read the latest article from The Delayed Gratification Magazine...

 

Check out our current investment opportunity in BGL

RISK WARNING The above investment opportunity carry a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

 

This week all active members will get FREE share allocations in...

 

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https://abc.angelequitygroup.com/news/info/spotlight-on-gold
<![CDATA[MIXING BUSINESS WITH TREASURE]]> https://abc.angelequitygroup.com/news/mixing-business-with-treasure Mon, 30 Apr 2018 12:57:00 +0200 By: Britannia’s Gold Ltd

MIXING BUSINESS WITH TREASURE

THE HUNT FOR £125 BILLION IN SHIPWRECKED GOLD

On 20th October a major salvage operation set sail from an undisclosed British port intent on tracking down lost war gold. Wreck diving for treasure is a high-risk, high-adrenaline calling, as we discovered in DG #29 when we met the intrepid cargonauts who scour the seas for billions in sunken bullion.

To access the full article go to:

http://britanniasgold.com/article-mixing-business-treasure/

 

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https://abc.angelequitygroup.com/news/info/mixing-business-with-treasure
<![CDATA[PR Webinar, Free Shares and more!]]> https://abc.angelequitygroup.com/news/pr-webinar-free-shares-and-more Mon, 23 Apr 2018 16:04:00 +0200 By: Angel Business Club

This Wednesday, April 25th, we have the great pleasure to introduce the one and only... Chester Alden from Dragon Advisory in London. Chester will share insights and learnings from the world of PUBLIC RELATIONS. How do you use PR to build and support your company? What are the tricks of the trade? Risks and Caveats?

The webinar will start at 6 pm GMT / 7 pm CEST

To register please go to our Event Calendar and find your Webinar link.

ALL IN FOR A NIGHT OUT!?

As we have been announcing these past few weeks, we are planning a night out in London on Friday, April 27. AND WE HAVE A PLAN...

  • 5.30 pm - get together at the Club House for some drinks and nibbles
  • 6.15 pm - departure for the musical  MOTOWN THE MUSICAL 
  • 7.30 pm - beginning of the musical 
  • 10 pm - late supper for those hungry enough. 

Please register your attendance in our Event Calendar [HERE]

 

Browse our current Special Offers!

BRITANNIA'S GOLD LTD Will Carrier and his team are back from a successful Survey Campaign. Read all about it in the NEWS section on the BGL web page.

ROCKSTER LIMITED Super food for our four-legged friends....

 

RISK WARNING The above investment opportunities carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

 

Don't forget to sign up for...

CLUB'S NIGHT OUT IN LONDON April 27th [check platform this week for updates]

MEMBER TRIP TO PALERMO SICILY October 4-7th

 

This week, all active members will get FREE shares in...

Have a great week!

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https://abc.angelequitygroup.com/news/info/pr-webinar-free-shares-and-more
<![CDATA[Exclusive and final opportunity…]]> https://abc.angelequitygroup.com/news/exclusive-and-final-opportunity Mon, 23 Apr 2018 09:25:00 +0200 By: Angel Business Club

Dear Members,

Following the initial capital raise, there remain unissued shares in BGL. It was their intention to retain these and to issue them to potential USA based joint venture partners, allowing them to participate as principal shareholders as well. However, current negotiations suggest this is not necessary and therefore these shares are now available for purchase.

Given the enormous support that BGL has had from existing shareholders and members of the Angel Business Club, it seems appropriate that these should be offered first to the latter. Their take up will conclude the issue of all ordinary shares and they will rank equally with ordinary shares issued to date.

To remind all of the terms, owners of these shares will rank after Seed Preference shareholders but will then have a prior return of their capital twice before any Founder shareholders participate. Given that BGL is quietly optimistic of the current salvage programme, this should be the last and only time these shares will be offered to investors.

The salvage programme is expected to commence on or around the 20th May. This offer will remain open until the day of departure.

Should you wish to participate in this offer go to Special Offers.

RISK WARNING Any investment opportunity contained herein carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

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https://abc.angelequitygroup.com/news/info/exclusive-and-final-opportunity
<![CDATA[Night out in london]]> https://abc.angelequitygroup.com/news/night-out-in-london Wed, 18 Apr 2018 09:15:00 +0200 By: Angel Business Club

Night out in London!

As we have been announcing these past few weeks, we are planning a night out in London on Friday, April 27.

The plan

  • 5.30 pm - get together at the Club House for some drinks and nibbles
  • 6.15 pm - departure for the musical
  • 7.30 pm - beginning of the musical
  • 10 pm - late supper for those hungry enough

We are planning to go to the musical Motown, however, we can only book the tickets once we are certain how many Members will attend. The price per ticket will be approximately £45 depending on how many we will be.

Please let us know you are attending at your earliest convenience so we can book tickets, etc.

You are welcome to come with friends even if they are not (yet) ABC Members.

If you have any questions, do not hesitate to contact me.

Let's have fun in London! João de Saldanha

 

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https://abc.angelequitygroup.com/news/info/night-out-in-london
<![CDATA[CLUB UPDATE]]> https://abc.angelequitygroup.com/news/club-update Mon, 16 Apr 2018 16:54:00 +0200 By: Angel Business Club

On Wednesday, April 18th, Dominic will give a brief update on all investments and any significant updates from the companies in our portfolio, what they have achieved and what their future plans are.

This Wednesday we have invited management teams from some of our Club companies for live updates. All members are also welcome to join this live broadcast from the Club lounge at our London office. Members who wish to participate on Wednesday must send an email to support who will respond with address and timings. WELCOME!

The webinar will start at 6 pm GMT / 7 pm CEST

To register please go to our event calendar to access your webinar link.

NB Join us tonight in Cobham for an evening full of valuable insights. Meet CEO's from some of our Club companies and other members. Tonight you will also get a crash course in the new Angel Bond which is soon to launch on our platform. The meeting starts at 19.00 and ends at 21.00. Guests are more than welcome and so are you! See you tonight. CLICK HERE TO SIGN UP

 NEW EXCLUSIVE AND FINAL SHARE OFFER IN BRITANNIA'S GOLD

We also have a Special Offer available to all ABC Members in Rockster Ltd. Well worth a closer look!

RISK WARNING The above investment opportunities carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

 

Don't forget to sign up for...

CLUB'S NIGHT OUT IN LONDON April 27th [check platform this week for updates]
MEMBER TRIP TO PALERMO SICILY October 4-7th

 

 

This week, all active members will get FREE shares in...

 

and...

 

See you all on Wednesday!

 

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https://abc.angelequitygroup.com/news/info/club-update
<![CDATA[Back to school]]> https://abc.angelequitygroup.com/news/back-to-school Tue, 10 Apr 2018 09:52:00 +0200 By: Angel Business Club

In this month's ABC School Webinar (Wednesday April 12th) Guest Speaker Brian Stockbridge from First Sentinel will enlighten us all in regards to Bonds. How do they work, what types are there to choose from and how can they fit in your private portfolio.

Further to above Brian will also introduce the latest addition to our growing catalogue of financial products – The Angel Bond.

JOIN US ON WEDNESDAY TO FIND OUT MORE

The webinar will start at 6PM GMT / 7PM CET To register please log-in and go to the Event Calendar

 

This week all active members will get FREE shares in...

Mytown enables local and small businesses to compete with global brands on equal terms

An Authentic Luxury Brand That Rocks your Dog’s World

Bringing Theme Park souvenirs into the publish yourself generation

 

Don't forget to browse our current Special Offer in Rockster

RISK WARNING Any investment opportunity contained herein carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

 

Don't forget to sign up for...

 

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https://abc.angelequitygroup.com/news/info/back-to-school
<![CDATA[SITV STOCK POOLS CLOSED]]> https://abc.angelequitygroup.com/news/sitv-stock-pools-closed Fri, 06 Apr 2018 10:29:00 +0200 By: Angel Business Club

Today, April 6th, we closed both March SITV Stock Pools. 559 049 shares were sold from the pool which had a minimum sales price of 0.050 EUR and 335 879 shares were sold from the pool which had a minimum sales price of 0.065 EUR.

A total of 894 928 SITV shares were sold for EUR 0.0733 per share, significantly above the lowest price for both pools! The money is being distributed to each member's eWallet.

 

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https://abc.angelequitygroup.com/news/info/sitv-stock-pools-closed
<![CDATA[Rockster Spotlight Presentation available]]> https://abc.angelequitygroup.com/news/join-us-on-wednesday-for-an-update-from-rockster Tue, 03 Apr 2018 12:13:00 +0200 ROCKSTER Spotlight Presentation now available in Information/Webinar presentations.

"The Company is setting new standards for quality, design, transparency & traceability within the industry; Reassuringly expensive and on trend with current scientific shift to microbiome balance "

Click the banner below to access the presentation

 

Have you seen our current ISA opportunity?

Click the banner below to find out more... (NB UK members only. Coming soon to the rest of the Club...)

RISK WARNING The above investment opportunity carry a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

 

This week all active members received free share allocations in...

 

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https://abc.angelequitygroup.com/news/info/join-us-on-wednesday-for-an-update-from-rockster
<![CDATA[NEW AGREEMENT OPENS ASIAN MARKETS FOR WIDECELLS]]> https://abc.angelequitygroup.com/news/widecells-signs-agreement-with-cryoviva-to-sell-cellplan-in-asia Thu, 29 Mar 2018 13:38:00 +0200 By: Widecells Group PLC

LONDON (Alliance News)

WideCells Group PLC said on Monday it has signed an agreement with Cryoviva Group to sell its stem-cell insurance product, CellPlan, in Asia.

Cryoviva is a cord blood storage facility with operations in Thailand, Singapore and India. The agreement provides CellPlan with exposure to a new geography, WideCells said, building upon recent contracts in Europe and South America.

CellPlan will be launched to Cryoviva customers on a phased basis, commencing in the second half of 2018, providing staged revenue increases.

"This strategic agreement with Cryoviva will enable us to launch CellPlan in one of the fastest growing stem cell markets where there is clear demand for stem cell services. By implementing a staged roll-out model, we are able to ensure the stable growth of our operations in each country and provide a solid base for continued growth,"

Joao Andrade | CEO WideCells

 

 

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https://abc.angelequitygroup.com/news/info/widecells-signs-agreement-with-cryoviva-to-sell-cellplan-in-asia
<![CDATA[SITV SECURES €50 MILLION FINANCING]]> https://abc.angelequitygroup.com/news/sitv-secures-50-million-financing Fri, 23 Mar 2018 15:38:00 +0100 By: Stockholm IT Ventures

SITV PRESSRELEASE MARCH 22 • 2018

STOCKHOLM IT VENTURES SECURES 50 MILLION EURO FINANCING

Stockholm IT Ventures and GEM Global Yield Fund (GEF) have signed an agreement that allows Stockholm IT Ventures access to up to 50 million Euro at its discretion

 

STOCKHOLM, SWEDEN (22 March, 2018) – Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB), a Swedish technology company specialising in clean and efficient low-cost energy cryptocurrency mining, today announced it has completed an agreement with GEM Global Yield Fund (GEF) for 50 million Euro.

 

The agreement gives Stockholm IT Ventures the ability to draw down subscription of new shares in Stockholm IT Ventures for up to 50 million Euros. The price for each draw-down is based on 90% of the average trading volume in the Stockholm IT Ventures-shares for a period of 15 trading days prior to each subscription GEM has agreed to convert its options in Stockholm IT Ventures to shares on terms that the first 33% shall be converted at a share price of 0.10 Euro per share, the second 33% shall be converted at a share price of 0.20 Euro per share and the balance shall be converted at 0.30 Euro per share.

The conversion pricing strategy correlates well with the company’s ambition to reduce dilution in its capital raising, and provides a tool to draw down funds only as needed. “This agreement will help accelerate our vision to build a stronger foundation for the cryptocurrency infrastructure which will enable miners to prosper. We are now putting in place the remaining funding required for the full operation and we will aim to largely finance it by debt rather than equity to keep share dilution down.” said Anthony Norman, CEO, Stockholm IT. “We will continue to develop green energy technology platforms while also strengthening our position as a global leader in clean energy crypto mining and production as well as further expanding our blockchain activities and services. We thank GEM for their confidence in us and our strategy and we feel that GEM provides another critical building block in our ambitious project.”

About GEM Group

Global Emerging Markets (www.gemny.com) was founded in 1991. GEM is a USD 3.4 billion investment group having completed 375 transactions in 72 countries. The firm is an alternative investment group that manages a diverse set of investment vehicles across the world. GEM&#39;s investment vehicles provide the group and its investors with a diversified portfolio of asset classes that span the global private investing spectrum. Each investment vehicle has a different degree of operational control, risk-adjusted return and liquidity profile. Our family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities (PIPEs) and select venture investments. GEM&#39;s funds include: CITIC-GEM Fund, Kinderhook, GEM Global Yield Fund, GEM India and VC Bank/GEM Mena Fund*. (*GEM exited both its LP and GP stakes in Q1 2010.)

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https://abc.angelequitygroup.com/news/info/sitv-secures-50-million-financing
<![CDATA[BUDAPEST]]> https://abc.angelequitygroup.com/news/budapest Wed, 14 Mar 2018 19:24:00 +0100

Dear Members,

We have just returned from a truly wonderful trip to the beautiful city of Budapest, where we were from Thursday March 8th until Sunday March 11th.

Luckily, the weather was good, with sunshine and mild temperatures. The previous week the temperature had dropped below -10º…

The group gathered for dinner in the hotel restaurant on Thursday. In total, 47 members were present from countries like France, Switzerland, UK, Belgium, Luxembourg, Portugal and Brazil.

Friday morning we had a walking tour of Pest where we passed by the Dohány Street Synagogue, Liberty Square, the Hungarian Parliament Building, the Shoes on the Danube Bank memorial, Liberty Bridge and the Market Hall and we visited the magnificent St. Stephen's Basilica. The tour also included a delightful ride on the panoramic tram and the classic subway.

Friday afternoon, there was a session to vote on next trip. 5 destinations were competing – Bilbao, Valencia, Athens, Naples and Sicily (Taormina). The winning destination was Sicily and the trip will take place early next October (exact dates still to be confirmed). Dominic Berger, the Club’s CEO, gave an extensive and exciting update on current and future developments, including the Club’s coming crypto strategy.

On Saturday the group was taken by private bus to Buda, where we took the funicular up to the Castle. Once there, we walked around the Castle and the Savoy Terrace, watched the changing of the Presidential Guards, visited Fisherman’s Bastion with its marvellous views of Pest and entered the impressive Mathias Church. Afterwards, we were taken again by private bus to Dock 7 where we took the panoramic boat Legenda Bella for a marvellous cruise on the Danube. At 2.30 pm the tour and cruise were finished and members had the afternoon free to go do some more sightseeing, visit museums, shopping, have a few drinks in some sunny terraces.

Sunday came too quickly and it was time for all to say Viszontlátásra! and return home at different times.

Overall, the trip was outstanding, all enjoyed it immensely and had a great time.

See you next in Sicily, in October… or before, at some of the Club’s live events across Europe.

Ciao!

Best regards, João

 

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https://abc.angelequitygroup.com/news/info/budapest
<![CDATA[STOCK MARKETS]]> https://abc.angelequitygroup.com/news/stock-markets Mon, 12 Mar 2018 12:47:00 +0100

In this month's ABC School Webinar (Wednesday March 14th) Dominic Berger will open the doors to Stock Markets, why they exist and how they work. We will get to know the main players and how to decipher the indexes and other data output.

JOIN US ON WEDNESDAY TO FIND OUT MORE
The webinar will start at 6PM GMT / 7PM CET

You find your webinar link in the event calendar... 

 

 PLUS... THIS WEEK ALL ACTIVE (PAYING) MEMBERS WILL GET SHARES IN...

and

 

 

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https://abc.angelequitygroup.com/news/info/stock-markets
<![CDATA[STOCK POOLS OPEN]]> https://abc.angelequitygroup.com/news/stock-pools-open Thu, 22 Feb 2018 16:16:00 +0100 Any member who owns shares in Widecells or Stockholm IT Ventures are now welcome to join our new SITV Stock Pool. 

REVIEW – last stock pool

The SITV share price has been very volatile over the last few weeks and has only recently risen above the € 0.065 cents per share. 

Today the stock is trading around €0.05 cents 

We have opens two pools for SITV one with a low of €0.065 and the other at €0.05 cents 

Widecells has also opened with a low of £0.12 p per share 

 

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https://abc.angelequitygroup.com/news/info/stock-pools-open
<![CDATA[In with the crowd...]]> https://abc.angelequitygroup.com/news/in-with-the-in-crowd Thu, 22 Feb 2018 10:11:00 +0100 By: Angel Business Club

Enjoy!

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https://abc.angelequitygroup.com/news/info/in-with-the-in-crowd
<![CDATA[Ride. Capture. Share. Simple in theory…]]> https://abc.angelequitygroup.com/news/ride-capture-share-simple-in-theory Thu, 22 Feb 2018 10:01:00 +0100 By: Ridercam Systems Ltd

Ridercam Systems proprietary video technology is all but simple. If it was we would see an onslaught of competitors and we don't.

It has taken us 10 years of continuous research and developments to take us where we are today and we are not stopping now. Our next system, RIDERCAM HD 4.0, already in development, will truly embrace the digital possibilities available with built in features such as facial recognition, smart payment systems, etc. And that is the key to our ongoing success – the complete digitalization of one the last analog consumer business sector. Our millennial consumers and park guests will not settle for less, and we can deliver.

INVITATION TO PARTICIPATE IN A UNIQUE PRE-IPO INVESTMENT OPPORTUNITY

Now you can become part of Ridercam Systems exciting future. Head over to www.angeleqt.com/ridercam and read more about this investment offer which is exclusive to members of the Angel Business Club and AngelEQT.

RISK WARNING The above investment opportunity carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

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https://abc.angelequitygroup.com/news/info/ride-capture-share-simple-in-theory
<![CDATA[Happy (Chinese) New Year!]]> https://abc.angelequitygroup.com/news/happy-chinese-new-year Mon, 19 Feb 2018 10:51:00 +0100 By: The Rockster Ltd

Guo Nian Hao to all our members, and it's now the Year of the Dog!! To celebrate the Chinese New Year, Rockster are offering 18% off Rockster Superfood this weekend. 
Use the code DOG18 on www.therockster.com to claim your discount, and orders over £50 will receive a free Rockster Hessian Bag. Let's all ROCK the Year of the Dog!!

 

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https://abc.angelequitygroup.com/news/info/happy-chinese-new-year
<![CDATA[The results are in - Success!]]> https://abc.angelequitygroup.com/news/the-results-are-in-success Fri, 16 Feb 2018 11:14:00 +0100 By: Ridercam Systems Ltd

2018 could not start in a better way. One of our first installations in Australia delivers great results. Our system was installed in 2017 on a new HyperCoaster, DC RIVALS in the Warner Bros. MovieWorld theme park south of Brisbane, Australia.

January 2018 was the first full month of operation and a first indication of what to expect in regards to video sales and functionality.
And it all works like a dream. Nothing to report in regards to functionality and very promising sales figures. Ridercam had projected sales of videos to 375 movies sold and a net income of 844 AUSD, the result was 2.238 videos sold and a revenue to Ridercam totaling 7.596 AUSD. Impressive results despite the fact that the pricing (decided by MovieWorld) is, according to Ridercam too aggressive.

"We believe the sales figures could be even greater with a more moderate pricing strategy and thus pushing volume and increasing total revenue. But we are of course very pleased with these results, which is a proof-of-concept in regards to both strategy and system. Our pricing strategy for our upcoming installations in China comprises both short and long videos with prices ranging from €12 to €25."

Julian Omonsky | Commercial Manager

"The tallest, longest and fastest! One of the world's best HyperCoasters! Ride it now! Warner Bros. Movie World presents the DC Rivals HyperCoaster, the greatest theme park attraction the Southern Hemisphere has ever seen!"

 
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https://abc.angelequitygroup.com/news/info/the-results-are-in-success
<![CDATA[Diary of an IPO]]> https://abc.angelequitygroup.com/news/diary-of-an-ipo Mon, 12 Feb 2018 10:17:00 +0100 Dear Members,

Below the diary of an IPO journey by its CEO and Founder, published in his Linkedin profile. As you will appreciate, it’s a long and winding road. Enjoy!

Glenn Kelman is the CEO of Redfin, a technology-powered real estate brokerage that recently went public. Below is his story...

Boarding Delta 2989 in Chicago on a Friday night, I left Chris Nielsen, our CFO, in 16D and headed to the bathroom. We'd been scrunched together in the back row of a black SUV for the first five days of our roadshow but now, when I latched the bathroom door, I was alone. I called our chairman to tell him not enough people wanted to buy Redfin’s stock and that our IPO was in trouble.

The Sunday before, I’d been happy and heedless. I’d skipped the final rehearsal of our investor pitch to take my kids canoeing. I’d run through the airport without realizing my shirt was inside-out until bumping into a board member’s husband.

I kept a diary of the whole IPO process, which was as weird as an abduction by space aliens. Instead of being bathed in a golden light, I found myself poked and prodded like Kate McKinnon in a Saturday Night Live skit. And what I learned is that seeking approval from one person after another will tear your heart out. I learned to see everything I loved, at least for a moment, from an appraising distance, so I could stop nit-picking it or promoting it or defending the way it is now, and instead reimagine it at its full potential. I learned that sometimes you should just tell people the ugliest things about you because those are the things that people trust the most.

And I learned that very rich people insist on getting the whole truth about a business before buying its stock, which means that civil society is still capable of producing the whole truth about topics that are far more important than Redfin's stock. There should be a roadshow for the healthcare system and education reform, with private jets and black cars for the doctors and teachers involved, but also an army of IPO lawyers and regulators to assure the skeptics that everything in the roadshow is true.

The whole IPO process has historically been a coronation, but several recently had turned into a beheading, and several after ours faltered too. Today, as tech businesses line up to cash in on a roaring stock market, 2018 promises to be the biggest year for public offerings since 1999’s Internet bubble. What’s at stake now are the same challenges Redfin went through a few months before: the world has begun to wonder if any Internet company can compete with Facebook, Google and Amazon, and if this new generation of companies can surpass the billion-dollar price-tags put on them in a private sale.

Day One: A Rolling Panic Room

The roadshows in which companies pitch our prospects to investors are choreographed pandemonium, starting on a Monday in New York, and ending nearly two weeks later back in the same place with an IPO. In between, there are ten meetings a day, in a new city every day, with not a single meeting booked until the roadshow begins with a presentation to the salespeople who schedule the meetings.

The first morning of the roadshow was the presentation to this salesforce, on the top floor of Goldman’s headquarters. You could see the Statue of Liberty, dwarfed by all the commerce. I had wanted to be disaffected by the tableaux of Manhattan’s power, but I’d already asked the bankers, in embarrassing detail, exactly what to wear.

Before running Redfin, I’d co-founded a company that had gone public in 2002. Even on the day we rang the bell, I only had a sip of champagne in a cubicle before trudging back to my own desk. Going into Redfin’s IPO, I realized how foolish I’d been to dismiss anything in our haphazard lives that can act as a rite of passage. Adult life, bereft of proms or podiums or graduation ceremonies, is just so much hard work.

A Pitch to the Last of the Mohicans

No one understands this need for ceremony, the theater of the IPO, better than Goldman Sachs. Goldman’s salespeople are the last of the Mohicans, as sales and trading have largely been automated over the past twenty years. A human being isn’t needed to trade Google or Apple stock unless it’s a very large order. But a new stock like Redfin is still sold by people.

The Goldman bankers who put together deals for the public markets can’t even access the floors housing the Goldman sales and trading folks, who only get to work off the public set of facts assembled by the bankers. Only when the bankers have finally prepared a company for its roadshow can they, on the day of the roadshow’s launch, walk across the lobby to the elevators that take them to the salespeople.

The hedge funds and mutual funds called on by the salespeople are collectively known as the buy-side. The banks selling your stock to these funds are known as the sell-side. The public generally thinks of investment bankers as the peak of wealth and power but it’s the fund managers who make obscene money, at least until a bad trade chases them out of the business.

Once I realized how much money was being made on the buy-side, I almost started to feel bad for the bankers on the sell-side. The bankers worked around the clock for months; the junior analysts and mid-level associates on the team all talked about how happy they were to have a humane lead banker who insisted they take one day off every seven. For all this, they earned the bank a few million dollars, a princely sum but not compared to the amount a single fund got flipping our stock within 30 minutes of our IPO.

The banks used to get a plate at their own buffet, using their own money to buy and sell the stocks they sold to others, but after the financial crisis of 2008, Dodd-Frank legislation made this illegal, eliminating one of the bank’s most lucrative businesses, along with many of its risks. Now that a bank can’t bet its own capital, it’s more like an accounting firm or ad agency, selling its people’s time and services for money.

A Ballet Choreographed on the Fly

And while it’s popular to grouse about the banks and their fees, their service was a thing of beauty. After our pitch to the sales force, Chris and I ate sandwiches in a Goldman conference room to give the sales people time to book the day. Forty-five minutes later, we were in a car headed uptown for the first of 56 meetings, which continued, without a single gap except for travel and sleep, for the next nine days.

We had two SUVs, one carrying two bankers and three or four Redfin folks, one driving behind us empty. I asked our bankers if the empty SUV was carrying spare human organs in case of a medical emergency; they laughed. Maybe it was available as a rolling panic room in case any of us ever needed personal space or private reassurance? We asked many times to have it sent home but its purpose was unfathomable and implacable.

The First Goldman IPO on Commercial Flights

By three that first day, we knew we were headed to Boston that night on a commercial flight. Since one of Redfin’s mottos is that we’re all paid by the sweat of an agent’s brow, we’d said we couldn’t pay for the private jet until the roadshow’s final crazy sprint, when we were going from Kansas City to Milwaukee to Baltimore in one day.

Our would-be investors loved this thrift, and our bankers, despite noting that they had never run a roadshow on commercial flights, gamely celebrated it. But then we found ourselves, each and every night on the roadshow’s first week, flights delayed for hours, eating Sbarro, lugging a box of prospectuses through La Guardia, Logan or O’Hare, unable to reach the hotel until 1 a.m.
Goldman never complained.

I went from banker to banker at the airport, apologizing for the decision not to use a private jet. Later that week, I heard from a board member about a recent IPO in which the company going public paid for two private planes, one for the CEO alone, and the other for everyone else.

Like A Dated Disney Ride

And when we finally got to the private jet at the end of the roadshow, what was that like? It was extremely convenient. There was no metal detector. The plane took off when you got on and often the SUVs drove straight onto the tarmac. I’d never even noticed that these tiny airports existed before, hidden in plain sight in the suburbs of every major city.

The planes themselves, with phones built into the armrest from the days before in-flight wifi, reminded me of those Disney rides that are supposed to be futuristic but actually feel dated. The pilots were freakishly, almost suspiciously handsome. You could sit between them while they landed. Everyone took pictures but no one posted them to Instagram. And you got whatever food you wanted. We sampled the local fare like a visiting king: BBQ from Kansas City, fried cheese curds from Wisconsin. The bank had made sure the plane stocked my favorite beer.

Masters of the Universe

In other ways too, the roadshow had the feel of a bygone era. For example, almost everyone on the buy-side we met that week was a man: in one group lunch, all 24 of the portfolio managers in attendance were male. We may have met more portfolio managers who were Israeli special forces veterans than women. I asked our bankers how long it would take the first one to kill me with his bare hands.

Almost all of them took notes on tablets. Some of them tried to look up as you spoke, but with their eyes focused on nothing except the numbers in their head. They weren’t just capturing the highlights of a meeting; it was a nearly verbatim transcription of what we’d said, so we could be held accountable for it later. Information in every form is the currency of Wall Street, and drops of it never seem to fall on the floor.

Chess with Bobby Fischer

Most of the fund managers were exotically, obviously smart. Except for one person who fell asleep in a meeting, none of the fund managers we met was anyone I’d want to be on the other side of a trade with, buying what he sold, or selling what he bought. This is what I realized I had been doing my whole life as an E-Trade stock-picker; it had been like challenging Bobby Fischer to a game of chess. I spent a long time that first week trying to judge whether it made sense to have so many brilliant people decide where our society allocates capital, as opposed to making cars or software or hospitals.

The Last Ideology-Free Realm

What impressed me most about these people was their willingness to change their minds. No one in our society seems to change her mind about Donald Trump or Hillary Clinton based on a new fact, but a fund manager on the wrong side of a bad trade has to change her mind in a moment or lose her job. This is why investing is the world’s last ideology-free realm. It would be easier to accept the premise that our society can’t agree on one version of the truth anymore, about whether temperatures are rising or the economy is growing, except that’s exactly what happens when every public company reports its earnings every quarter. You can believe what you want to believe, but not with a million dollars on the line.

“Come On Guys, It’s Only 28 Million Bucks”

We visited the top floors of the tallest skyscrapers, posing for goofy selfies in art installations and beside sprawling views of Central Park. A portfolio manager claimed that the firm’s two full-time art curators had to approve the posters he put up in his own office. We went into a building surrounded by planter boxes with retractable steel gates that could be closed in case of an anarchist riot. From a video conference in a Mexican cabana, a hedge-fund king chafed at how careful his team was being about a Redfin investment, saying “Come on guys, it’s only 28 million bucks.”

For the most part, we answered questions rather than delivering a pitch: about a Redfin agent arrested in our early days for pot farming, about a Redfin sign bludgeoned down and left in my yard. We rotated in members of the executive team, one every two days, but what worked even better was having our local real estate agents show up to speak for themselves, about how we recruited employees or served customers.

Through all 56 meetings, in New York, Boston, Chicago, San Francisco, Kansas City, Milwaukee and Baltimore, the overwhelming experience was of repetition: over and over we answered the same questions. When I got a sore throat, the youngest member of the banking team stopped off at a pharmacy to get me some lozenges and a card with a kitten on it, which I still have.

The Last, Best Order

One of my favorite meetings was with a Scottish fund manager in San Francisco. His firm was known for buying only a few stocks, and holding each for as long as a decade. In a hotel meeting room with enough prospectuses, pitchbooks, cookies, fruit, cheeses, crackers and popcorn for 30 people, he came in alone. And rather than rattling through twenty or thirty questions about our metrics, he just asked me why I ran the company.

I found myself talking about my older brother, who had died just before I became Redfin’s CEO, and the feeling I had then that my life so far hadn’t made the world a much better place. He asked me about whether Redfin’s sense of mission would survive our public offering. He didn’t write much down. His order was one of the last, and the best, to come in.

An Invitation to a Beheading

Hours after each meeting, a salesperson would call the account. The bankers tracked the orders on their phones. There was a line chart showing how many orders each recent IPO had had at the end of each day on the road; a dozen lines sloped steeply upwards except ours, which looked like a dying slug. When Chris and I got on the plane home that first Friday, we were at a third of where our bankers said a strong IPO should be at that point.

Goldman never wavered in its confidence that demand would be sufficient to sell all the stock we had to sell, but what I was too embarrassed to say was that I wanted the IPO to be more than sufficient. I wanted it to be a triumph for everyone I worked with, all the people who could have made more money over the past decade at Amazon or Google, Sotheby’s or Corcoran.

I spent that weekend at home despondent, shaking my head grimly when my six-year-old tried to get me into the bouncy house at a birthday party, brooding over a competitor’s claim that it would be able to dissuade investors from buying our stock. I expected our first day of trading the following Friday to be a fiasco.

The Sound of Hooves Moving Across the Plain

What had been at stake in Redfin’s roadshow was whether we could make money in a world of Internet giants, but also whether we could sell our stock without selling out. We’d known some investors would get hung up on the cost of our real estate agents’ salaries and health insurance, or the amount we saved homebuyers without any data that it drove sales. We never tried to talk them out of those concerns.

To portfolio managers who wanted to see the company as nothing more than a real estate website without the costs of customer service, we had said we were as proud of cleaning out a listing customer’s closets as we were about inventing map-based search. To emphasize the frugality we learned in the 2008 housing crisis, we included in our investor video a cameo of the Batman villain Bane, who talked about being born in the dark. We described ourselves in the prospectus as “rabid squirrels.” We had wanted to go public our way, and now we had 48 hours to wonder whether that had been a mistake.

Our roadshow video included a cameo of the Batman villain Bane, to emphasize that, having survived the great real estate recession of 2008, we "were born in the dark. Our head of design, Chris Fryer, wore the mask.

I don’t know what changed that weekend. Goldman went into overdrive with every open account; no one, I would guess, got her day off. A call with a titan of finance was arranged to give me an inspiring speech that everything would work out, then he forgot to mute his phone while he flushed the toilet.

Maybe, since our roadshow was in the middle of earnings season, the fund managers just needed a Saturday to make up their minds. Maybe they started to hear the sound that they are in the end most exquisitely attuned to, of other hooves beginning to move across the plain. We wanted to believe that everything strange about our half-website, half-broker business was why investors didn’t decide right away, but also why so many came our way in the end. We’ll never know.

All we know is that between Friday night and Monday morning in San Francisco, the number of orders for our stock had tripled. And after every meeting, more orders came pouring in. When we left California for the Midwest, the roadshow had gone from a death-march to a celebration. On the last day, when we had orders for twenty-three times times the actual number of shares we had to sell, folks from our Baltimore office crowded onto the private plane, filling every seat for the trip back to New York. The 40 longest-tenured employees would be there, to celebrate a harrowing, happy decade together. Someone opened a bottle of champagne.

The Yo-Yo Ma of Trading Stocks

Back in New York, we sat down with the Goldman trader who would open our stock, Benny Adler. He walked into the room talking about the rumors surrounding the fabled Aramco IPO, which some time in 2018 is supposed to turn Saudi Arabia’s billion years of buried dinosaur bones and carboniferous forests into a trillion-dollar public company, and how it was every trader’s dream to open that stock. He had opened Alibaba and Twitter, with the bank’s legendary CEO, Lloyd Blankfein, standing, arms folded, just a few inches behind him on Goldman’s trading floor. Someone told me he was brought into deals that Goldman didn’t even underwrite.

Later that night, Redfin would sell our stock to the investors we met on the road show, for $15 per share. The next day would be the first day of trading, when, about an hour after the market had opened, some of those investors would sell to the public the shares they had just bought. It was Benny’s job to pick the price of that first trade, based on the pre-orders from buyers and sellers lining up on either side of his screen.

The enemy, for us, was volatility: we didn’t want the stock to go down, but we didn’t want it to go up too much either. When the stock price doubles on the first day of trading, it makes for a nice headline, but leaves you with shareholders set up for disappointment. And it’s not like anyone at Redfin would benefit from that first-day pop: the new shares issued to the investors we just met on the roadshow could trade, but the company and its employees had agreed not to sell any stock for months, a standard practice for virtually every IPO.

In the meantime, the stock would jolt up and down on what Wall Street describes as “technicals,” not “fundamentals.” The company’s revenues, products and customers become almost irrelevant to the stock price when the overwhelming issue is that there are so few shares to buy. Hedge funds will bet against the stock, and others will bid it up just to squeeze those funds out of that bet. It’s like a new type of card game in a Las Vegas casino, with lots of gamblers lined up to play, and only a few investors holding the cards.

Benny talked to us about what he’d do if the stock started falling the next day, warning any would-be buyers to hold off, then organizing a rally backed by Goldman’s own trading at $13. This element of the deal, known as a green shoe, let Goldman sell extra shares on the assumption that demand would be high, but obligated Goldman to buy those shares back if demand was low.

Benny had also identified investors from the roadshow who had called to tell Goldman they would sell their Redfin stock at $21. He said that others would be sneakier: promising to hold our stock for years in order to get a large initial allocation of shares, then, within minutes of the first trade, smuggling quick sales through smaller brokerages. All of this would limit how much the stock could go up. I felt relieved.

We were already worried about setting expectations on our first day that we’d spend all of 2018 struggling to meet. This is why we sold some of our stock to investors from the roadshow who wanted to flip it rather than own it, just to put enough shares in play the next day. It’s why Benny kiboshed a Redfin appearance scheduled on CNBC before the opening bell. When we worried it might be hard for the CNBC producers to re-schedule on such short notice, Benny just laughed.

Then it was time to go. I asked him if I could take his photo. “Not here,” he said. Then he walked out to the trading floor, picked up a phone and pretended to yell into it. I snapped the picture.

Benny Adler, the Goldman managing director who opened Redfin's stock.
From the same Goldman conference room where we nibbled on sandwiches before the roadshow started, we went over the list of investors who’d given us orders on the roadshow, and decided which to sell our stock to that night. Goldman rolled out a cake for our CTO’s 40th birthday.

Kaboom

At the NASDAQ in Times Square the next day, I told my wife I felt the way I did on the morning of our wedding: that as much as I wanted to marry her, it had made me miserable when everyone told me it would be the happiest day of my life. I can never quite be happy when I’m supposed to be. I was nervous about a speech I’d have to give in front of her at the NASDAQ, as if my parents had come to one of my little-league games.

I mumbled something to our employees about Shakespeare’s tragedies being unbearable because they could have so easily turned out the other way. What I forgot to say was that was what also made Redfin’s triumphs so giddy, because of all the times we almost went bankrupt. I gave a second speech that was broadcast on the financial news shows, more enthusiastic but still meandering. Out of sheer cluelessness, I hadn’t realized anything I said would be broadcast until a few minutes before.

And then I pushed a button on a screen that was supposed to open the market, but in fact wasn’t connected to anything. There were confetti cannons and photographers and videographers and images that took over all the screens on Times Square. An hour later, our stock started trading at $19.56, a $45 million gift to the roadshow investors who got an allocation the night before at $15.

Every Startup Should Have a Day Like That

Then the employees left the NASDAQ studio, which looked like a game-show set, and the interviews began. Everyone was nice to us. I finally figured out that the only time I could ever bear myself on TV was when I didn’t worry at all about what to say, and focused instead on conveying how I felt, which was very, very excited.

My last call with the press was at 5:30 p.m., via a cell phone as I walked through Central Park to a fancy French restaurant. Redfin’s CTO, my wife, another friend and I saw a play. Then we walked into the disorienting brilliance and crowds of Times Square at midnight, forgetting that Redfin would appear on all the screens again. It had in fact turned out like my wedding: it was the best day of my professional life. Every startup, every group of people who works together for a long time, should have a day like that.

Glory, Not Just Gold

Many assumed I was happy because of all the money I’d made. And I’m sure that some part of it was that, but it wasn’t at all how I felt, then or now. Ask anyone how much money you get for winning a Pulitzer Prize and you will learn that most people in the end are hungrier for glory than gold. For twelve years, I’d asked almost everyone I cared about to believe in a company that I had worried would fail, and then it didn’t. There’s probably a long word in German for that feeling, but the closest we have in English is ecstasy.

The Tiny Piece of String at the Finish

The only way I’ve been able to account for that ecstasy is by comparing it to a bicycle race. I was one of the worst bicycle riders who ever pinned a number to his jersey.

Unless you’re one of those rare gods who can pedal into the wind alone, you never break out into the open road until the final two hundred meters of a race. Otherwise, you ride within 24 inches of a competitor’s back-wheel, wondering how to maintain that pace for another 30 seconds, but then doing that for hours. Everyone is jostling you and pinching off the line you want to take around a corner, and trying to ditch you on murderous descents, all because of a tiny piece of string strung across an arbitrary finish line.

If you were riding for yourself and not your teammates, or if there was a way to pull out without having to pedal home alone, you would. After my first race, I realized that it was actually a relief not to have the talent of a Greg LeMond, because I still wouldn’t want to turn myself inside out every day to earn a living. Business has often been that hard for me too. Almost nothing can make you more miserable than when your company is struggling, and only then do you realize that this is exactly when it’s almost impossible for a CEO to quit.

But then within sight of the line, the race opens up, almost like a hallucination, and you can finally see the world in front of you. You forget for just a moment about all the races, wrecks and failures behind you and ahead of you. And then just like that, the race is over, and you’re disoriented and relieved and already nostalgic and completely happy in a way you’ve never been before. This was how I felt when I walked out of the NASDAQ and into our life as a public company. That was four months ago. I haven’t checked the stock price since.

Many thanks to the bankers, lawyers and auditors at Goldman Sachs, Allen & Company, Fenwick & West, Cooley, Deloitte and to all the people of Redfin for supporting our IPO.

Glenn Kelman | CEO of Redfin

 

THE STORY ON REDFIN

 

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https://abc.angelequitygroup.com/news/info/diary-of-an-ipo
<![CDATA[Welcome Global Shakers!]]> https://abc.angelequitygroup.com/news/welcome-global-shakers Mon, 05 Feb 2018 17:44:00 +0100 By: Global Shakers Ltd

 

 

In February, we are happy to introduce Alan Griffin and his company Global Shakers as our Company of the Month.

Have a look at their company page here to find out more and make sure you don't miss this week's Spotlight Webinar where you will get the opportunity to meet Alan in a live broadcast. 

SPOTLIGHT WEBINAR Wednesday (February 7th) 6PM UK / 7PM CET

 

To register for and attend the webinar, please use the following link:

https://attendee.gotowebinar.com/register/1077311776002982402

HAVE A GREAT WEEK!

 

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https://abc.angelequitygroup.com/news/info/welcome-global-shakers
<![CDATA[SITV appoints new chairman and board]]> https://abc.angelequitygroup.com/news/stockholm-it-ventures-appoints-new-chairman-and-board-members-at-egm Fri, 02 Feb 2018 14:02:00 +0100 STOCKHOLM, SWEDEN February 1st, 2018

Stockholm IT Ventures AB, a Swedish technology company specialising in clean and efficient low-cost energy cryptocurrency mining, today announced at the company’s EGM the appointment of Roger Tamraz as Chairman, and Marc d’Hombre, Eduard Will, Matthew Steckel and Nicolai Paskalev as Directors. The positional predecessors, Wayne Lochner, will continue to play a key role in the senior management of the company, and Joao Saldanha, and Alberto Cuellar, will stay on as members of the advisory board. The new team’s depth and breadth of experience highlights the company’s rapid progression and leadership into green energy technology for cryptocurrency.

“I would like to thank Wayne Lochner for his excellent leadership as Chairman of the Board. I would also like to thank Joao Saldanha and Alberto Cuellar for their continued service as members of the board,” stated Anthony Norman, CEO of Stockholm IT Ventures. “With our new laser focus on driving forward a clean and efficient low-cost energy future for cryptocurrencies including a recent strategic partnership with Cryptotech AS, Roger Tamraz brings the exact expertise and seasoned team from investment banking to move Stockholm IT Ventures into the future. The new Board will primarily focus on securing the funding required for the roll out at the best possible terms to further reduce shareholder dilution and increase share value.” 

“I look forward to working with the new board in connection with furthering Stockholm IT Ventures mission,” stated Roger Tamraz, Chairman of the Board for Stockholm IT Ventures. “The new Board members are well-qualified to help guide the company as it carries out its critical leading role in delivering a revolutionary green energy solution for cryptocurrency mining to the world.”

 


 

Stockholm IT Ventures Board Members

Roger Tamraz – Chairman of the Board

Mr. Tamraz is a renowned successful investment banker and venture capital investor. He founded Tamoil, an oil company which he built from the acquired assets of Amoco and Texaco. Tamoil has since gone on to become a $20 billion turnover business. During his time in the oil industry, he has been responsible for some of the most innovative pipeline engineering projects, including the Suez-Mediterranean pipeline which was considered one of the world’s greatest engineering feats.

Marc d’Hombre – Director

Mr. d’Hombre is a financial consultant with Satellite Logistics. He has held several senior advisor positions with leading investment firms including Maera-Capital, MBC Consultancy and Atlantic Financial Group. He holds degrees in Economics from the Paris Law and Economics University as well as Mathematics and Philosophy.

Matthew Steckel – Director

Mr. Steckel is an international investor and experienced corporate manager in upstream and downstream oil and gas, banking and finance, and computerized design and engineering for the oil and gas industry. He served as Chairman of the Board of Directors of a Swiss Bank operating in Geneva and Lugano. He holds and MA and MBA in International Banking and Finance from Harvard Business School, a BA in Mathematics and Economics from Drew University and degrees in Advanced International Economics from the London School of Economics, as well as Mechanical Engineering and Mathematics from Stevens Institute of Technology.

Eduard Will – Director

Mr. Will is a merchant banker specializing in mergers and acquisitions and direct investments. He currently serves on the board of directors or as a senior advisor for numerous firms including Emerson Radio, South East Group in Hong Kong, Crimson Ant General Partner Limited and Lafe Corporation Limited. He holds a degree from the University of Hamburg.

Nicolai Paskalev – Director

Mr. Paskalev is a financial advisor with Advoconsult Financial and Advisory Services specializing in debt management, financing and long term investment strategies. He holds a Masters of Business in International Business from the University of National and World Economy.

 

Stockholm IT Ventures AB is a Swedish public company listed on the Frankfurt Stock Exchange since 2014 under the ticker symbol SVAB. The company focuses on clean and efficient low-cost energy cryptocurrency mining and production, and in blockchain related technology. All mining activities use clean and sustainable energy from hydro power stations in Northern Europe, requiring up to 80% less energy compared to ordinary mining for Bitcoin. The Stockholm IT Ventures stock represents a green investment in cryptocurrency technology.

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https://abc.angelequitygroup.com/news/info/stockholm-it-ventures-appoints-new-chairman-and-board-members-at-egm
<![CDATA[New WCG stock pool open]]> https://abc.angelequitygroup.com/news/new-wcg-stock-pool-open Thu, 01 Feb 2018 11:16:00 +0100 By: Widecells Group PLC

Any member who owns shares in WideCells Group Plc are now welcome to join our February WCG Stock Pool. 

REVIEW

Given the improved liquidity we have set our low price for February at £0.14p

REPORT – JANUARY WCG STOCK POOL

In January trading in WideCells picked up with 63 trades. The stock traded up with a high of 0.145 and a low of £0.13965. All shares were sold in the month at the high £0.145

FEBRUARY WCG STOCK POOL NOW OPEN TO SHAREHOLDERS AND ACTIVE MEMBERS 

The joining period is from February 1st until February 8th and the selling period is from February 9th until Friday February 23rd. Minimum share price is set to 0.14 GBP

[click here to go to the stock pool]

Have a great end of week and weekend!

 

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https://abc.angelequitygroup.com/news/info/new-wcg-stock-pool-open
<![CDATA[Path listing update]]> https://abc.angelequitygroup.com/news/path-listing-update Wed, 24 Jan 2018 10:44:00 +0100 By: Path Investments PLC

PATH INVESTMENT PLC PRESSRELEASE • JANUARY 2018

Intended cancellation of Standard Listing and trading on the Main Market

 

Path Investments Plc is pleased to provide an update to the announcement on 15 December 2017 with regards to the potential acquisition by the Company of a 50% participating interest in a producing gas field, the Alfeld-Elze II Licence and Gas Field in Germany.

The Proposed Transaction meets the Company's acquisition criteria, namely the acquisition of producing, or near production, oil and gas assets which possess a lower risk profile than exploration or appraisal assets. The Alfeld-Elze II Licence and Gas Field is a conventional Rotliegend sandstone gas reservoir, with 2D seismic coverage, existing production, well control and good access to infrastructure. The Field is located onshore, 22km south of Hannover. 

In order to effect the Proposed Transaction, Path has applied to cancel the listing of the ordinary shares of £0.001 each in the Company ("Ordinary Shares") on the standard listing segment of the Official List of the UK Listing Authority (the "Official List") and cancel trading of its Ordinary Shares on London Stock Exchange plc's main market for listed securities ("Main Market"). It is expected that the last day of dealings in the Ordinary Shares (which remain suspended) on the Main Market will be 16 February 2018. Cancellation of the listing of the Ordinary Shares on the Official List is expected to take effect at 8.00 a.m. on 19 February 2018. The Company intends to undertake an equity fund raising and seek admission of the Ordinary Shares to trading on the AIM Market of the London Stock Exchange ("AIM") during Q1.

The Company intends to proceed as quickly as possible with the Proposed Transaction. However, there can be no certainty that the Proposed Transaction will be successfully completed. If the Proposed Transaction cannot be successfully completed the Company intends to maintain its listing of Ordinary Shares on the Official List and trading will recommence in the Ordinary Shares on the Main Market of the London Stock Exchange.

The Company will make further announcements in due course, as appropriate.

[END]

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https://abc.angelequitygroup.com/news/info/path-listing-update
<![CDATA[Welcome all student angels!]]> https://abc.angelequitygroup.com/news/welcome-all-student-angels Tue, 23 Jan 2018 15:31:00 +0100 By: Angel Business Club

The Angel Business Club is in a state of constant development and we are always trying our best to improve our service offer and to find new ways to be relevant to a new breed of investors.

And now we have launched two new Membership levels to be able to welcome University and College Students as well as members from emerging markets and developing nations.

STUDENT ANGELS €29 
Available to students enrolled at College or University, +18 years old, with student-ID, Membership subject to KYC approval

EMERGING MARKETS €49   
Available to residents of developing countries across the world.

We hope to welcome more angels this year than ever before and with these new memberships we should be able to attract new business angels on the global arena.

 

 

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https://abc.angelequitygroup.com/news/info/welcome-all-student-angels
<![CDATA[Member meeting in Cobham]]> https://abc.angelequitygroup.com/news/member-meeting-in-cobham Tue, 23 Jan 2018 10:35:00 +0100 By: Angel Business Club

JOIN SORAYA, PHILIP, IAN AND SVEN IN COBHAM IN FEBRUARY!

Welcome to The Fairmile Chef & Brewer and an evening full of valuable information!

On Tuesday evening February the 6th ABC will visit the The Fairmile Chef & Brewer to present the latest news from the Club. Members and guests will also get to meet;

  • Philip Reid, Chairman of the Angel Equity Group,
  • Ian Minton and find out the latest from The Natural Drinks Company and
  • Sven Ley to learn more about the progress by The Rockster Ltd

 

Make sure to book your attendance in good time...

ttps://www.eventbrite.co.uk/e/angel-business-club-investment-evening-tickets-42195258153

Free event but booking essential

 

February 6th, 7pm at the Fairmile 

For more information contact Soraya Anderson 07804 693122

WELCOME!

 

ADDRESS:

The Fairmile Chef & Brewer

The Fairmile Portsmouth Rd

Cobham, KT11 2SS

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https://abc.angelequitygroup.com/news/info/member-meeting-in-cobham
<![CDATA[Investment update January]]> https://abc.angelequitygroup.com/news/investment-update-january Mon, 22 Jan 2018 16:37:00 +0100 By: Angel Business Club

IT'S TIME FOR THE FIRST INVESTMENT UPDATE OF THIS YEAR...

On Wednesday, January 24th, Dominic will give a brief update on all Club investments and any significant updates from the companies, what they have achieved and what their future plans are.

The webinar will start at 18.00 pm GMT / 19.00 pm CET

To register please login to the platform and head over to the event calendar where you will find your webinar link.

 

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https://abc.angelequitygroup.com/news/info/investment-update-january
<![CDATA[SITV appoints Roger Tamraz]]> https://abc.angelequitygroup.com/news/sitv-appoints-roger-tamraz Thu, 18 Jan 2018 15:01:00 +0100 By: Stockholm IT Ventures

STOCKHOLM IT VENTURES AB ANNOUNCES EGM TO APPOINT ROGER TAMRAZ TO ITS BOARD

Nacka Strand, January 18, 2018

Stockholm IT Ventures will be holding an EGM on 31st January 2018 in Nacka, Sweden, to appoint billionaire Roger Tamraz to it’s board of directors.

Roger Tamraz, , is renowned as a very successful banker and venture capital investor, who founded the oil company Tamoil, which he built from the acquired assets of Amoco and Texaco. Tamoil has since gone on to become a $20billion turnover business. During his time in the oil industry, Mr Tamraz has been responsible for some of the most innovative pipeline engineering projects including the Suez-Mediterranean pipeline, which was considered one of the world’s greatest engineering feats.

Wayne Lochner, Chairman of Stockholm IT Ventures said “We are delighted to have someone with Roger’s wealth of experience join the board of Stockholm IT Ventures, subject to EGM approval. He will undoubtedly add a huge amount of expertise to the board as the company continues to grow and acquire complimentary companies. We very much look forward to working with him and benefitting from his input in the future direction of the company”

Roger Tamraz said “I am delighted to be joining the board of Stockholm IT Ventures subject to approval at the EGM. I think it is a very exciting company with a huge potential to become a major force the world of cryptocurrencies. I look forward to playing my part in this exciting company.”'

[END]

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https://abc.angelequitygroup.com/news/info/sitv-appoints-roger-tamraz
<![CDATA[SITV SIGNS MOU WITH CRYPTOTECH AS]]> https://abc.angelequitygroup.com/news/sitv-signs-mou-with-cryptotech-as Tue, 16 Jan 2018 20:20:00 +0100 PRESS RELEASE SITV

STOCKHOLM IT VENTURES AB SIGNS MEMORANDUM OF UNDERSTANDING WITH CRYPTOTECH AS

Public disclosure of inside information according to article 17 MAR

Nacka Strand | Sweden 16.01.2018

Stockholm IT Ventures has signed a Memorandum of Understanding with Norwegian company Cryptotech AS, the chip developer and manufacturer that is developing a new chip that is expected to significantly increase the capacity of mining cryptocurrencies. The deal will see Stockholm IT Ventures AB acquiring cryptocurrency mining capacity of 7.500 Petahash for a period of 5 years, using Cryptotech's revolutionary new chip that greatly increases mining capacity. Stockholm IT Ventures will pay up to a maximum of Eur210 million for the deal with Eur200 million being paid in cash and the remaining Eur10 million in shares. These payments will be made in staged payments both before and as the cryptocurrencies are being mined throughout 2018.

Wayne Lochner, Chairman of Stockholm IT Ventures AB said "We are delighted to announce the acquisition of 50% of Cryptotech's mining capacity for the next 5 years which we believe will yield a several times denomination of the amount being paid for it. It is a very exciting addition to the group and further signifies the company's intent to provide a full service crypto company to meet the growing needs of those interested in this area."

Erik Solberg, CEO of Cryptotech AS said "We are delighted to agree this deal with Stockholm IT Ventures AB. It allows us to bring our technology to market in a quicker and more efficient way, allowing both Cryptotech and Stockholm IT Ventures to benefit massively from the projected increase in yield of Bitcoin and other cryptocurrencies."

[END]

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https://abc.angelequitygroup.com/news/info/sitv-signs-mou-with-cryptotech-as
<![CDATA[SITV AND BYTEMINE ICO]]> https://abc.angelequitygroup.com/news/sitv-and-bytemine-ico Mon, 15 Jan 2018 12:47:00 +0100 By: Stockholm IT Ventures

PRESS RELEASE SITV

STOCKHOLM IT VENTURES AB CONFIRMS DETAILS OF BYTEMINE ICO

Nacka Strand, 12.01.2018

Following Mondays (09.01.2018) news that Stockholm IT Ventures AB was to launch an ICO of its cryptocurrency Bytemine, the company has confirmed that all coin holders will receive bonus payment which will be paid annually. Stockholm IT Ventures has committed to giving 50% of all of its profits from cryptocurrencies mined to be divided amongst coin holders for the first three years of it's mining operation, that will be funded by the Bytemine ICO. Additional mining deals are currently being negotiated which will be separate to the Bytemine mining arrangement and will not yield bonus payments. In addition to the coins sold, Stockholm IT Ventures will be issuing free coins to existing shareholders in the company, with 1 Bytemine coin being issued for every 1000 shares held as a reward for their loyalty, which will also receive a share of the bonus payments made to coin holders. The distribution of the airdrop will be 5 days prior to the start of the ICO, the date of which will be finalized next week.

Presales of the Bytemine coin will start today at 23:00 CET, with the ICO scheduled to commence in late February and complete in early March.

Wayne Lochner, Chairman of Stockholm IT Ventures AB said "We are delighted to be issuing an ICO of our Bytemine coin to fund our cryptocurrency mining business. We will be issuing free coins as a reward to our shareholders so they can share in what we believe to be very exciting times ahead for the company. We hope to be in a position to announce further deals that the company is securing in a very short period of time."

[END]

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https://abc.angelequitygroup.com/news/info/sitv-and-bytemine-ico
<![CDATA[SITV to launch ICO in february]]> https://abc.angelequitygroup.com/news/sitv-to-launch-ico-in-february Tue, 09 Jan 2018 20:21:00 +0100 By: Stockholm IT Ventures

STOCKHOLM IT VENTURES AB ANNOUNCES PLANS TO LAUNCH ICO IN FEBRUARY

Nacka Strand, 08.01.2018

Stockholm IT Ventures AB has announced that following it's acquisition of a cryptocurrency mining business it will be launching an ICO to fund it's expansion. The ICO will be offering SITV's Bytemine coins and will be looking to raise EUR 25 million, by selling half of the 50 million coins to be issued by the company.

The ICO is intended to take place from the end of February and through March 2018, with pre sales starting on Friday 12th January 2018.

The coins will be sold at EUR 1 each, with the money raised being used to increase the the capacity as much as possible in the shortest possible time frame. The benefit to the coin holders will be that a percentage of all coins mined during a given period of operation will be divided between the coin holders, in effect acting as a return on the investment. SITV intends to issue details of exactly how this will be done later this week. SITV will also be issuing coins to it's existing shareholders so they can benefit from the cryptocurrency mining business and be rewarded for their loyalty to the company, with the number of coins issued to each shareholder being based on the number of shares held.

Wayne Lochner, Chairman of Stockholm IT Ventures said "We are delighted to announce the ICO that we believe will help expand SITV's mining business and we hope will generate a great return for our shareholders. We are delighted to be rewarding existing shareholders with Bytemine coins and we hope the revenues generated by the increased capacity in the mining business will help SITV's plans for expansion throughout 2018".

[END]

 

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https://abc.angelequitygroup.com/news/info/sitv-to-launch-ico-in-february
<![CDATA[PREMIERE – WELCOME WEBINAR]]> https://abc.angelequitygroup.com/news/premiere-welcome-webinar Thu, 04 Jan 2018 09:07:00 +0100 JOIN US ON TONIGHTS WELCOME WEBINAR AND LEARN MORE ABOUT OUR UNIQUE CLUB AND COMMUNITY...

...and how you can benefit as an active (paying) member

Tonight João de Saldanha will host our first Welcome Webinar which is open to all new and non-paying members.

The Welcome Webinar will start at 6PM GMT / 7PM CET

To register please click on the following link:

https://attendee.gotowebinar.com/regist…/1229928388142102786

 

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https://abc.angelequitygroup.com/news/info/premiere-welcome-webinar
<![CDATA[New year greetings from BGL]]> https://abc.angelequitygroup.com/news/new-year-greetings-from-bgl Sun, 31 Dec 2017 13:38:00 +0100 By: Britannia’s Gold Ltd

Dear Shareholders, Friends and Team Members,

The Directors of Britannia's Gold Ltd would like to wish all a very Happy New Year and look forward to 2018 being a year of substantial activity. We would hope to bring you details of planned salvage programmes early in the New Year and are intent on further developing the momentum first established in 2017.

 

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https://abc.angelequitygroup.com/news/info/new-year-greetings-from-bgl
<![CDATA[Happy New Year 2018]]> https://abc.angelequitygroup.com/news/happy-new-year-2018 Sat, 30 Dec 2017 09:11:00 +0100

WISHING YOU ALL THE BEST FOR 2018

2017 saw some fantastic growth for the Club and we are now over 11.000 business angel across Europe dedicated to helping our unique and exciting companies grow and reach their potential.

Other notable milestones during 2017 was the IPO of Path Investments in March 2017 and the launch of our community funding platform AngelEQT in May. We also welcomed great new companies such as Britannia's Gold Ltd and Mytown Technologies Ltd.

As a Club we have also discovered new territories with Member Trips to the Alps and Porto. If you have not had the chance yet to go on a Member Trip, make sure you don't miss the next one. This spring we will visit Budapest over a long weekend.

But most importantly we have seen growth, growth in members, growth in companies funded by the Club and growth in value of the allocated share entitlements. Some of you have taken the opportunity to sell shares in WideCells Group and profit from the uplift. In December, we saw the comeback of Stockholm IT Ventures (former TRIG) where some of you could sell your shares on the Frankfurt Bourse with the help of our Stock Trading Tool. In 2018 we will see the listing of Ridercam, a company that has been part of the Club since the start and that has shown exceptional growth and progress.

We are convinced that 2018 will be the best year ever for the Club - with new listings - new exciting companies, new financial products and more European business angels becoming active members.

A Happy New Year to you all!

 

NB Please join our Chairman, Philip Reid, on his NEW YEAR WEBINAR on Wednesday January 10th @ 6 PM UK / 7 PM CET

 

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https://abc.angelequitygroup.com/news/info/happy-new-year-2018
<![CDATA[Greetings all...]]> https://abc.angelequitygroup.com/news/greetings-all Sun, 24 Dec 2017 00:09:00 +0100

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https://abc.angelequitygroup.com/news/info/greetings-all
<![CDATA[Santa is coming!]]> https://abc.angelequitygroup.com/news/santa-is-coming Fri, 22 Dec 2017 09:32:00 +0100 WEBINAR SCHEDULE – THE HOLIDAY SEASON 2017-2018

With Xmas and a New Year right around the corner we would like to take this opportunity to update all members on the upcoming webinars. We are also introducing a new WELCOME WEBINAR open for all new and non-paying members. The Welcome Webinar will be broadcasted on the first Thursday each month at 6 PM UK / 7 PM CET.

  • Wednesday December 27th – HOLIDAY (no webinar)
2018 – NB! All Corporate Webinars will be broadcasted on Wednesdays @ 6 PM UK / 7 PM CET
 
  • Wednesday January 3rd – SPOTLIGHT WEBINAR and the introduction of ROCKSTER the latest addition to our impressive lineup of extraordinary companies @ 6 PM UK / 7 PM CET
  • Thursday January 4th – WELCOME WEBINAR @ 6 PM UK / 7 PM CET
  • Wednesday January 10th – THE CHAIRMAN'S NEW YEAR WEBINAR + UPDATE ON BRITANNIA'S GOLD. Join Philip Reid on this traditional webinar.
  • Wednesday January 17th – ABC SCHOOL WEBINAR
  • Wednesday January 24th – INVESTMENT UPDATE WEBINAR AT THE CLUBHOUSE - All members welcome to join live!
  • Wednesday January 31st – INSIGHT WEBINAR 

WELCOME TO LYON –NATIONAL CONVENTION

The Club and its members will meet up in Lyon on January 13th for the annual National Convention. Full program available on the platform. Click banner below for details...

AUCTIONS ON HOLIDAY LEAVE

There will be no auctions held during the Holiday season. Next live auction will take place on Tuesday January 9th.

JOIN THE CLUB IN BUDAPEST THIS SPRING

The Budapest trip is approaching rapidly and it's time to confirm your reservation by making your payments. Program and payment terms are available by clicking on the banner below.

NEW OFFERS AVAILABLE ALL SEASON LONG…

MYTOWN TECHNOLOGY (COMMUNITY FUNDING COMPLETED) DIRECT INVESTMENTS WELCOME!

Mytown Technologies was successfully funded via AEQT on December 15th but as interest is still high (and the PPM allowing for it) the company has decided to remain open for direct investments. This investment offer will stay open over the holidays to close on January 15th.

GO TO INVESTMENT OPPORTUNITY ON ANGELEQT

RIDERCAM OPTION OPEN UNDER NEW OFFER TO ALL MEMBERS

We recently closed the opportunity for Angel Business Club members holding Ridercam Options to convert to shares. Not all members exercised their right to convert which means the Club still has 709.571 Ridercam shares available.
As previously communicated Ridercam is heading for an IPO on First North (Nasdaq) in Sweden. The listing is scheduled for Q1 2018 (details to be communicated)
This Special Offer concerns 709.571 number of shares in Ridercam at £0,30 per share (current strike price £0,40). The offer is open to all Members in Angel Business Club and registered members of AngelEQT and will close on 20th January 2018. GO TO SPECIAL OFFERS

RISK WARNING Any investment opportunity contained herein carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK. 

And finally...

Did you miss the last Investment Update webinar? Don't worry the video and the presentation (pdf) are now available on our platform. Head over to Webinar Presentations on our platform to access these files and the valuable information within...

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https://abc.angelequitygroup.com/news/info/santa-is-coming
<![CDATA[WCG – CORPORATE UPDATE]]> https://abc.angelequitygroup.com/news/wcg-corporate-update Thu, 21 Dec 2017 13:54:00 +0100 Dear Members,

Attached is the latest Corporate Update from WideCells Group brought to you by RNS London Stock Exchange.

WCG CORPORATE UPDATE

Enjoy!

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https://abc.angelequitygroup.com/news/info/wcg-corporate-update
<![CDATA[RIDERCAM – OPTION TO BUY SHARES]]> https://abc.angelequitygroup.com/news/ridercam-option-to-buy-shares Tue, 12 Dec 2017 16:41:00 +0100 Dear Member,

As previously communicated Ridercam is heading for an IPO on First North (Nasdaq) in Sweden. The listing is scheduled for Q1 2018 (details to be communicated).

As an owner of Ridercam Options you have the contractual right to acquire shares in Ridercam at £0,30 per share (current strike price £0,40) which expires on the 31.12.2017. 

We have therefore opened the offer to acquire these shares which we will close on 2017-12-18 where after any options not called will be offered to other members.

Click here for latest update on Ridercam (link to December Spotlight Webinar)

RISK WARNING Any investment opportunity contained herein carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

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https://abc.angelequitygroup.com/news/info/ridercam-option-to-buy-shares
<![CDATA[BGL SHAREHOLDER UPDATE]]> https://abc.angelequitygroup.com/news/bgl-shareholder-update Tue, 12 Dec 2017 14:22:00 +0100 By: Britannia’s Gold Ltd

Dear Shareholder,

As announced last week, you will be aware the initial salvage programme was suspended and is  to be continued as early as possible in 2018. This followed a deterioration in weather conditions and the discovery of munitions on board.

We were aware that going out late in the year might leave us subject to increasingly bad weather but having made a commitment in our Private Placing Memorandum(PPM) to start operations in 2017, we felt we had an adequate window of opportunity. The discovery of munitions however was unforeseen, and we are seeking the advice of disposal experts to carry out the necessary risk assessment and establish the basis on which we might return to the site. 

Having collected all salvage information, the BGL Board will meet in early January to decide, not only on planned date of departure to continue operations but also to review all research information on our favoured targets including that provided by third parties. The significant publicity received by BGL over the recent months has resulted in our receiving additional information from many sources which, in some cases, either validates our research or causes us to reassess the latter. As we review our targets for the completion of the first cluster, we are also utilising  the services of a specialist history department at a leading British university to effectively audit our research and conclusions.

In preparation for continuing our salvage programme, we are also reviewing and assessing various recently developed equipment and technologies which could augment our research and assist in identifying cargoes, not only on the wrecks, but also in the surrounding seabed areas where we increasingly believe some displaced cargoes might lie.

Following the initial salvage programme, we have had detailed contact with the Maritime and Coast Guard Agency and the Receiver of Wrecks who are now fully aware of BGL's plans and ambitions. In addition, we continue to contact other branches or associates of Government to initiate more detailed discussions as to the likely Government requirements following a successful recovery. It is hoped that by the time we return to sea, we will have a more formal understanding of what these might be.

It is probable our salvage operation will recommence in March/April 2018 and with no likely adverse weather conditions, we will be able to conclude our first cluster salvage programme without interruption. Given successful recovery, we would continue with further salvage operations throughout the year.

However, we are also in preliminary discussions with two US investment houses that are minded to fund significant salvage programmes. Both see BGL and its constituent stakeholders as the ideal joint venture partner and effective "project manager". Should these discussions conclude successfully, and we very much hope they do, they provide BGL with the opportunity to consider multiple clusters which would provide us with greater revenue possibilities. In neither case would this involve any dilution of BGL; the company will ideally share equally in the joint venture revenues which would be distributed to BGL shareholders as dictated by the PPM.

As above, operational decisions will be taken in early January 2018 and I will report back to shareholders soon thereafter.

Philip Reid | Chairman

 

Translations coming soon...

 

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https://abc.angelequitygroup.com/news/info/bgl-shareholder-update
<![CDATA[MYTOWN+UBER=TRUE!]]> https://abc.angelequitygroup.com/news/mytown-uber-true Tue, 05 Dec 2017 12:33:00 +0100 By: MYTOWN

Mytown have agreed a deal with Uber to provide taxi ordering straight from MyTown. The Company will also look to integrate with Uber Eats during 2018.

This new partner agreement adds yet more content to the Mytown App which will further enhance the user experience.

Check out the current investment opportunity available on AEQT.

RISK WARNING This investment opportunity carry a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

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https://abc.angelequitygroup.com/news/info/mytown-uber-true
<![CDATA[SALVAGE UPDATE NOVEMBER 30]]> https://abc.angelequitygroup.com/news/salvage-update-november-30 Thu, 30 Nov 2017 12:51:00 +0100 By: Britannia’s Gold Ltd

The team have now been operational on site for a total of 25 days, within this short period of time they have amassed the following impressive statistics from their 800m² work area;

  • Over 1300 Successful Grabs made to date
  • Estimation of total weight moved by grabs – 1200 tons
  • Over 600m³ of silt & sediment dredged away from the wreck site
  • 3 total deck levels removed
  • Total estimated weight of materials moved – 1850 tons
  • Total estimated volume of materials removed – 2400m³ 

“Ships of this particular era were heavily reliant on asbestos as a form of sound suppression and heat proofing, the below deck plates were also encased in “litisilo” which is a material for sealing and protecting the surfaces. Today, the materials have broken down to nothing more than a rubble like consistency, however it resides in vast quantities and has mixed with the general cargoes and vast volumes of silt, all of which has to be removed from the wreck in order to reach the desired cargo; sorting the wheat from the chaff so to speak.”

New Intel concerning this wreck has recently come to light which reached us late last night; this concerns the fact that the ship was delayed in her original sailing by a day, this delay found her to be burdened with further cargo bound for the West the following morning. Assessing the volume of cargo onboard and adding in the fact that she had further to load has lead the team to commence investigations on a further area of the wreck that was not originally considered as important. Work continues on our original locations in unison with this new work area, adding further to the tension and excitement onboard.

Will Carrier | COO

 

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https://abc.angelequitygroup.com/news/info/salvage-update-november-30
<![CDATA[MYTOWN INVESTMENT OFFER UPDATE]]> https://abc.angelequitygroup.com/news/mytown-investment-offer-update Tue, 28 Nov 2017 12:41:00 +0100 By: MYTOWN

MULTIPLE REVENUE STREAMS AND EXPANDED SERVICE OFFER IS A PATHWAY TO SUCCESS

Further to previous communications on this exciting company we have received a new and condensed presentation which has now been made public on AngelEQT.COM. One of the more important updates in the new presentation is the conclusion of agreements with content and affiliate partners. These partners will greatly enhance the consumer service offer and add more revenue streams to the company.

Go to www.angeleqt.com to participate in this investment opportunity and to access all information.

https://aeqt.angelequitygroup.com/company/funding

RISK WARNING This investment opportunity carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

 

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https://abc.angelequitygroup.com/news/info/mytown-investment-offer-update
<![CDATA[SALVAGE UPDATE Britannia's Gold]]> https://abc.angelequitygroup.com/news/salvage-update-britannia-s-gold Wed, 22 Nov 2017 11:28:00 +0100 By: Britannia’s Gold Ltd

Over the past week the team have made good progress at site helped by good weather conditions and excellent equipment reliability. The initial uncovering and breaching of the top deck did however uncover a shipwreck in total disarray below decks! An accumulation of poor quality rivets used at time of construction, the torpedo strike, sinking impact damage and 100 years of decay has meant the internal decks have shifted within and collapsed upon themselves. Adding to this is the vast volumes of silt which had built up within the wreck over the many decades; subsequently the team decided to remove all accessible deck plating and bulkheads in the vicinities of the cargo locations; this is now all but completed which leaves us with a huge amount of compacted cargoes mixed within the hardened silt, a great deal of wood used at the time for packing and many other items of overburden.

Having dual capabilities with our tooling and ROV’s has assisted greatly in our efficiency with this difficult shipwreck; we are currently breaking through the materials by means of remotely operated grabs and powerful suction dredge units, keeping extreme vigilance at all times on the lookout for the desired cargoes.

The weather is due to turn against us in the coming days which will put us on stand-by until it passes by. We will take this opportunity to conduct maintenance on all the equipment and have everything in a state of readiness to dive the moment the wind and sea state allows.

Will Carrier | COO Britannia’s Gold

 

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https://abc.angelequitygroup.com/news/info/salvage-update-britannia-s-gold
<![CDATA[MYTOWN LAUNCHED ON ANGELEQT]]> https://abc.angelequitygroup.com/news/mytown-launched-on-angeleqt Thu, 16 Nov 2017 10:43:00 +0100 By: MYTOWN

Yesterday we launched an investment offer in Mytown Technologies Ltd. Mytown seeks to raise equity ordinary share capital of £75.000 at £0.41p per share. That’s a valuation of circa £1,200,000. The company’s exit route is an IPO targeted for Q3/Q4 2019. Should the full capital of £75,000 be raised and Mytown delivers on its business plan, its potential value could be close to £10,000,000 at the time of the IPO. This offer is open until December 15th.

Funds raised will be used to propel the Mytown business by launching a new App which will enhance their local community platforms. Mytown is an exciting company and a fairly new addition to our line-up. Today you will find Mytown in our Ignite segment but we are confident the company soon will be ready to move up in the ranks. Since the launch the unique Mytown platform has been successfully introduced in 7 towns across the UK.

Mytown operates within a very exciting sector Rewards & Mobile Payments and recently its CEO, Dominic Brookman, hosted an Insight Webinar on this subject LINK TO WEBINAR

In November Mytown is Company of the Month and Dominic Brookman presented the company on our monthly Spotlight Webinar. LINK TO SPOTLIGHT WEBINAR

Head over to www.angeleqt/mytown to see all details regarding this new investment offer.

NB All members of ABC have full access to angeleqt.com and can log in using their ABC username and password. 

 

RISK WARNING Any investment opportunity contained herein carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

 

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https://abc.angelequitygroup.com/news/info/mytown-launched-on-angeleqt
<![CDATA[Update from Will – Britannia's Gold]]> https://abc.angelequitygroup.com/news/update-from-will-britannia-s-gold Wed, 15 Nov 2017 12:25:00 +0100 By: Britannia’s Gold Ltd

“Good progress at both prospect areas…”

“The Salvage vessel has now been back on site for 4 days; arriving as the weather fell back into parameters. After the ships Dynamic Positioning was (DP) set-up we were able to return immediately to subsea operations as predicted.

During the transit back to site the additional personnel taken onboard were fully inducted and briefed along with the extra salvage equipment being integrated and function tested. The uplift in equipment and personnel has now allowed us to double our salvage capabilities whereby we run simultaneous operations (SIMOPS) at both prospect areas in unison.Dredging operations at prospect area A has uncovered a vast amount of crockery in the form of plates, cups and teapots which were found below many bales of cotton and rolls of silk, all of which was being exported at the time. Our Senior Archaeologist onboard has discovered the history behind all the china which dates back to the turn of the 20th century.

Meanwhile the area above prospect B is systematically being removed; the team have already breached two decks and expect to reach the target deck within the coming week.The weather remains in favour, and good progress at both prospect areas will continue to be made; the team onboard are becoming increasingly more excited as every day worked is a day closer to the targets”.

Will Carrier | COO

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<![CDATA[STRONG WINDS & ROUGH SEAS]]> https://abc.angelequitygroup.com/news/strong-winds-rough-seas Thu, 09 Nov 2017 13:56:00 +0100 By: Britannia’s Gold Ltd

The team have made use of the strong winds and 10 meter seas by temporarily bringing the vessel into port to collect essential equipment, spares and provisions. This will allow for a sustained period of uninterrupted work once the vessel arrives back at site with calmer weather in the coming days.

“After an intensive mobilisation period loading, installing and testing all salvage equipment, the vessel transited to site 1 and was fully operational for 15 days straight. After initial as-found surveys were completed the team commenced with the removal of approximately 200 tons of overburden from prospect area ‘A’ which then allowed access for the cutting of deck plates and bulkheads. The next phase at prospect ‘A’ is to dredge out the many decades worth of silt and remove further overburden to expose access to the cargo hold. Initial works have commenced on the second prospect area ‘B’ with overburden removal, this is progressing well and will now move forward in parallel with works at prospect ‘A’. We will soon be back at site and expect to remain self-sufficient at sea for about 6 weeks.” 

Will Carrier | COO | Britannia's Gold Ltd

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https://abc.angelequitygroup.com/news/info/strong-winds-rough-seas
<![CDATA[UPDATE WIDECELLS AND WHITE APEX]]> https://abc.angelequitygroup.com/news/update-widecells-and-white-apex Fri, 03 Nov 2017 12:26:00 +0100 By: Widecells Group PLC

First announced on October 11, the binding agreement with White Apex General Trading formally came into effect on Tuesday (Oct 31).

The agreement triggers the immediate payment of £255,000 to the London-listed company to cover the initial set up of stem cell collection and dispatch services, and WideAcademy, which provides education and training for doctors. 

"White Apex make the perfect partner for us.  Thanks to their unrivalled regional experience and connections within the MENA and Asia-Pacific territories, we are able to rapidly build our global presence and commercial reach.”

Recurring revenues expected

A further £1.5mln is potentially payable for the adaptation of Wideacademy's platform for use in the Middle East, North Africa and Asia-Pacific regions.

The firm also expects “multi-million pound” recurring revenue from three key sources:

  • CellPlan, its stem cell insurance product; storage and
  • INDUS, its synthetic bone product and the
  • WideAcademy

“Stem cells are revolutionising the medical world, and as we build our global reach we are also able to promote and support the development of this rapidly growing area of medicine so that more and more people can benefit from and have access to this potentially life-saving treatment,” said WideCells chief executive João Andrade.

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<![CDATA[MYTOWN TEchnologies Ltd]]> https://abc.angelequitygroup.com/news/mytown-technologies-ltd Wed, 01 Nov 2017 13:21:00 +0100 By: MYTOWN

In November we will check in with CEO Dominic Brookman to find out the latest from Mytown Technologies Ltd. and their strategy to grow this business in UK and beyond...

Make sure to visit their new and updated website at;

https://www.mytownuk.com/

Dominic will host the Spotlight Webinar on Wednesday November 1st. He will also present his business at various Members Meeting whereof one will be held in Cobham/UK on November 21st.

 

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https://abc.angelequitygroup.com/news/info/mytown-technologies-ltd
<![CDATA[BRITANNIA'S GOLD FUNDING EXTENDED ON ANGELEQT.COM]]> https://abc.angelequitygroup.com/news/britannia-s-gold-funding-extended-on-angeleqt-com Mon, 30 Oct 2017 14:32:00 +0100 By: Britannia’s Gold Ltd

MESSAGE FROM BRITANNIA'S GOLD LTD

Our salvage team, lead by Will Carrier, have arrived onsite and started preparations to commence salvage operations. Due to the increased and strong interest from the public as well as larger institutional investors Britannia’s Gold Ltd management has decided to extend the opportunity to invest via angeleqt.com for another week.

This fundraising opportunity however will close without further notice should the salvage team hit gold.

Fundraising on angeleqt.com will cease November 7th latest.

BGL | Management

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https://abc.angelequitygroup.com/news/info/britannia-s-gold-funding-extended-on-angeleqt-com
<![CDATA[Man the boats]]> https://abc.angelequitygroup.com/news/man-the-boats8 Tue, 24 Oct 2017 14:19:00 +0200 By: Britannia’s Gold Ltd

Tonight, at high tide, Will and his Team will be heading out to start the recovery phase on the first cluster of sunken gold carriers. The team will be in position to start preliminary salvage works on the first target by Thursday, weather permitting. Over the last few days the team has been busy preparing all survey and salvage equipment and calibrating all systems to facilitate efficient operations once at site.

REMINDER – FUNDING UPDATE ANGELEQT.COM

The invitation to invest and become shareholder of Britannia’s Gold Ltd (BGL) will close latest October 31st – when we reach our maximum target of £8m – or when we make the first successful recovery – whichever comes first. If you wish to participate and invest, please go now to www.angeleqt.com where you can buy shares in BGL at £1.000 per share.

NB. When BGL recovers the first gold bar, crowd funding via AngelEQT will stop without notice.

RISK WARNING Any investment opportunity contained herein carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

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https://abc.angelequitygroup.com/news/info/man-the-boats8
<![CDATA[INSIGHTS WEBINAR]]> https://abc.angelequitygroup.com/news/insights-webinar Tue, 24 Oct 2017 09:33:00 +0200 By: Angel Business Club

Tomorrow, Wednesday October 25th, Dominic Brookman, CEO of Mytown UK, will present insights, trends and updates from a relatively new business sector – Rewards & Mobile Payments. Connected devices, mobile wallets and other emerging technologies have a huge impact on the consumer experience.

Log in to ABC to access your webinar link in the Event Calendar.

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https://abc.angelequitygroup.com/news/info/insights-webinar
<![CDATA[LAST CHANCE TO BECOME A SHAREHOLDER IN BRITANNIA’S GOLD?! ]]> https://abc.angelequitygroup.com/news/last-chance-to-become-a-shareholder-in-britannia-s-gold Fri, 20 Oct 2017 00:27:00 +0200 By: Britannia’s Gold Ltd

Dear members,

No later than Monday 23rd October, Will Carrier and his Crew set sail to start the first salvage operation and within a couple of weeks we will have the results. The August survey campaign – Triton – validated the presence of gold onboard so the Team at Britannia’s Gold Ltd is quietly confident of positive results. Stay tuned to the BGL Facebook page for continuous updates.

FUNDING UPDATE ANGELEQT.COM

The invitation to invest and become shareholder of Britannia’s Gold Ltd (BGL) will close latest October 31st – when they reach their maximum target of £8m – or when BGL make the first successful recovery – whichever comes first. If you wish to participate and invest, please go now to www.angeleqt.com where you can buy shares in BGL at £1.000 per share.

NB When BGL recover the first gold bar, crowd funding via AngelEQT will stop without notice.

RISK WARNING Any investment opportunity contained herein carries a high degree of risk. Your capital is at risk which can include loss of investment and dilution, illiquidity, lack of dividends and it should be done only as part of a diversified portfolio. This financial promotion has been approved by Angel Corporate Finance Ltd; a firm authorised and regulated by the Financial Conduct Authority in the UK.

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https://abc.angelequitygroup.com/news/info/last-chance-to-become-a-shareholder-in-britannia-s-gold
<![CDATA[WideCells Group expands into Spain]]> https://abc.angelequitygroup.com/news/widecells-group-expands-into-spain Thu, 12 Oct 2017 14:45:00 +0200 By: Widecells Group PLC

"The Spanish cord blood and stem cell storage market is one of the most established in Europe and accordingly is a highly prospective region for us,” said chief executive João Andrade

WideCells Group PLC announced it will launch its stem cell healthcare insurance plan in Spain following the product’s debut here in the UK and alongside its imminent roll-out in Brazil.

The local agent for the CellPlan, which costs £170 a year, will be a company called Stem Cell Banco Celulas Madre, a provider of stem cell storage services. Under the re-seller model, the tie-up should generate £50 per sale (after commissions and reinsurance costs).

READ: WideCells ready to ink deal that expands its reach to the Middle East, Africa and Asia-Pacific

In the same stock market announcement, WideCells confirmed its CellPlan e-commerce platform is now “fully live” in the UK. It is expected to be available in Spain by the end of the year.

stem cell

 

"The Spanish cord blood and stem cell storage market is one of the most established in Europe and accordingly is a highly prospective region for us,” said chief executive João Andrade.

“Having successfully launched our CellPlan product in the UK, and with sales due to commence in Brazil in the near term, we now have an established framework and roll-out model which enables us to target new geographies quickly and with relatively low cost.”

On Wednesday, the company inked a deal that will take it and its stem cell services into the Middle East, Africa and Asia-Pacific regions.

Read more via Proactive Investors

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https://abc.angelequitygroup.com/news/info/widecells-group-expands-into-spain
<![CDATA[PATH INVESTMENTS SWINGS TO PROFIT FOLLOWING INITIAL PUBLIC OFFERING]]> https://abc.angelequitygroup.com/news/path-investments-swings-to-profit-following-ipo Tue, 10 Oct 2017 09:35:00 +0200 By: Path Investments PLC

[Alliance News] 

Energy investment company Path Investments PLC said Monday it swung to profit in the first half of 2017 following its listing on London Main Market in March.

Path Investments swung to pretax profit of GBP73,048 in the six months to June 30 after suffering a loss of GBP1.6 million in the same period last year. 

The investment company floated on the London Stock Exchange in March and raised GBP1.4 million from the placing. 

Path Investments is looking to buy oil and gas production, or near production, assets which have a lower risk profile than exploration and development assets, noting its current focus is on the onshore oil and gas markets.

Path Investments said it has had 27 potential investment opportunities considered since its admission, 7 of which are currently under consideration, with 2 in advanced stages of discussion. 

Chief Executive Christopher Theis said: "The first half of 2017 was a transformational period for the company with the admission to the standard list. Since admission we have been extremely busy investigating potential investment opportunities that may meet our criteria.

"We continue to believe that there is a significant opportunity to acquire interests in assets owned by financially distressed exploration led oil and gas companies and are exploring a number of potential transactions in detail. We look forward to providing further updates on these as appropriate," Theis added. 

Shares in Path Investments down 6.7% at 0.7 pence Monday. 

By Gem Sofianos Alliance News

The Company has also released its interim results: Path_Interim Results Jan-Jun_2017

 

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https://abc.angelequitygroup.com/news/info/path-investments-swings-to-profit-following-ipo
<![CDATA[WIDECELLS PREPARES FOR TRANSFORMATIONAL GROWTH AS REVENUE ARRIVES]]> https://abc.angelequitygroup.com/news/widecells-prepares-for-transformational-growth Mon, 09 Oct 2017 16:50:00 +0200 By: Widecells Group PLC

[Alliance News]

WideCells Group PLC said on Friday it had established "revenue generative operations" and was preparing for "transformational" growth. 

The company provides stem cell services including its stem cell processing and storage business WideCells, training and education business WideAcademy, as well as its "unique" stem cell treatment insurance CellPlan.

WideCells had its initial public offering in July 2016, raising GBP2.00 million.

For the six months ended June 30, pretax loss widened to GBP880,397 from GBP244,255 the year prior.

The company said it had GBP868,829 in cash on June 30, not including the GBP750,000 raised in August.

Revenue was GBP25,000 after it reported no revenue whatsoever the year before.

"Having achieved consistent growth across our portfolio of three divisions during the period, we now have two revenue generative divisions - CellPlan and WideCells - with the third - Wideacademy - targeted to commence operations in early 2018", WideCells Chief Executive Joao Andrade said.

The company noted that it had appointed former Apple Inc Director of Education Alan Greenberg as Senior Vice President of Wideacademy.

WideCells Chairman Graham Hine said Greenberg had "devised a clear programme and strategy through which we are now ideally poised to grow our training and research arm."

Hine said the company was "poised" for "transformational" growth with new product offerings and service growth initiatives in place.

"With a number of growth initiatives already well advanced to build on revenues and expand our global reach, the future continues to look very bright for our company", Andrade said.

Shares in WideCells were up 0.9% at 13.62 pence on Friday.

 By Ahren Lester Alliance News

 

The Company has also released its interim results: Interim Results Jan-Jun_2017

 

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https://abc.angelequitygroup.com/news/info/widecells-prepares-for-transformational-growth
<![CDATA[NEW DATA VALIDATES GOLD ON SURVEYED SHIPWRECKS]]> https://abc.angelequitygroup.com/news/new-data-validates-gold-on-surveyed-shipwrecks Fri, 29 Sep 2017 11:49:00 +0200 By: Britannia’s Gold Ltd

Britannia’s Gold is pleased to make public the latest results from our initial survey campaign – Triton. When analysing the results using state-of-the-art technology, the team has found clear indicators of Gold on board the wrecks. This new data is of course great news for public investors already committed via angeleqt.com. After careful deliberation, BGL Management has decided to extend the crowdfunding activity another month to let the public react to this new data being made available.

As part of the August 2017 survey campaign, Britannia’s Gold Ltd (BGL) employed a highly advanced survey system as part of the survey scope of works.  The principal function of this leading edge technology is to identify different types of materials within the confines of a shipwreck without the need for physical intervention and visual inspection.”

Will Carrier | COO Britannia’s Gold Ltd

LINK TO FULL REPORT

 

Become a shareholder in Britannia’s Gold Ltd!

You still have the chance to become a shareholder in the greatest ever gold recovery in history. Our crowdfunding offer is now extended until Tuesday October 31st.

Go to WWW.ANGELEQT.COM to make your pledge.

This investment opportunity is brought to you by Angel Corporate Finance Ltd, regulated by the Financial Conduct Authority in the UK. CAPITAL AT RISK

 

Salvage operations to start soon!

We are delighted to also share that we will begin the recovery phase of our operation in early October to begin salvaging gold and non-precious metals.

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https://abc.angelequitygroup.com/news/info/new-data-validates-gold-on-surveyed-shipwrecks
<![CDATA[BGL FUNDRAISING TAKES A GIANT LEAP FORWARD]]> https://abc.angelequitygroup.com/news/bgl-fundraising-takes-a-giant-leap-forward Sat, 23 Sep 2017 09:31:00 +0200 By: Britannia’s Gold Ltd

We are pleased to report that Britannia’s Gold Ltd have taken a giant leap forward and is quickly moving towards fulfilling their minimum investment requirement of £4 million. As of this morning (2017.09.23) well over 100 investors have pledged £2,376,000 to fund the upcoming salvage operation in early October.

The BRITANNIA’S GOLD crowdfunding opportunity on www.angeleqt.com is open until September 30. Go there to make your pledge.

For more information go to www.britanniasgold.com (and while there remember to sign-up to compete for a bar of gold!)

Dominic Berger | CEO Angel Corporate Finance Ltd - AngelEQT

This investment opportunity is brought to you by Angel Corporate Finance Ltd, regulated by the Financial Conduct Authority in the UK. CAPITAL AT RISK

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https://abc.angelequitygroup.com/news/info/bgl-fundraising-takes-a-giant-leap-forward
<![CDATA[NICK HENRY JOINS BRITANNIA’S GOLD]]> https://abc.angelequitygroup.com/news/nick-henry-joins-britannia-s-gold-ltd Fri, 22 Sep 2017 11:31:00 +0200 By: Britannia’s Gold Ltd

Britannia’s Gold is pleased to announce the appointment of another key Non-Executive Director to join its team of highly experienced experts.

"Nick Henry is the CEO of James Fisher & Sons plc, which over the past decade has grown to be Britain’s largest Marine Services company with an extensive range of activity which includes salvage services. Nick brings a wealth of experience and expertise in the sub sea, fleet management and salvage world which BGL intends using to the full."

Philip Reid | Chairman BGL

 

Salvage operations to start soon!

We are delighted to also share that we will begin the recovery phase of our operation in early October to begin salvaging gold and non-precious metals.

Become a shareholder in BGL!

You still have the chance to become a shareholder in the greatest ever gold recovery in history. Our crowdfunding is open until 30th September. Go to www.angeleqt.com to make your pledge. 

For more information go to www.britanniasgold.com (and while there remember to sign-up to compete for a bar of gold!)

This investment opportunity is brought to you by Angel Corporate Finance Ltd, regulated by the Financial Conduct Authority in the UK. CAPITAL AT RISK

 

BIO – Nick Henry – Non-Executive Director

Nick Henry is the CEO of James Fisher & Sons plc, which over the past decade has grown to be Britain’s largest Marine Services company with an extensive range of activity which includes salvage services. Nick brings a wealth of experience and expertise in the sub sea, fleet management and salvage world which BGL intends using to the full.

Nick was appointed as CEO of James Fisher and Son’s plc in 2004 having joined the company in 2003 as a Managing Director of James Fisher Tankships Ltd. Prior to this Nick worked for 20 years for P&O Containers and P&O Ports, of which 10 years were in senior management positions based in Singapore, Hong Kong, Australia, Netherlands and the Indian Sub-Continent.

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https://abc.angelequitygroup.com/news/info/nick-henry-joins-britannia-s-gold-ltd
<![CDATA[Ocean Gold by BGL]]> https://abc.angelequitygroup.com/news/oceangold-by-bgl Tue, 19 Sep 2017 15:33:00 +0200 By: Britannia’s Gold Ltd

In August, BGL completed project Triton successfully. Triton encompassed sunken gold carriers in the North Atlantic. A survey team of 37 personnel worked around the clock to locate, identify and survey the targets using state of the art marine survey equipment. Next phase will start in October when BGL again set sails, this time to salvage cargo from the surveyed wrecks.

OCEAN GOLD - THE VIDEO

Crowd funding is open at www.angeleqt.com and will close on September 30th. Become a shareholder in the worlds greatest ever gold recovery in history!

This investment opportunity is brought to you by Angel Corporate Finance Ltd, regulated by the Financial Conduct Authority in the UK. CAPITAL AT RISK

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https://abc.angelequitygroup.com/news/info/oceangold-by-bgl
<![CDATA[GOOD LUCK JOÃO & Co!]]> https://abc.angelequitygroup.com/news/good-luck-joo-co Thu, 14 Sep 2017 13:24:00 +0200 By: Widecells Group PLC

As communicated earlier WideCells is nominated for the ”UK Life Science IPO of the Year” award by Biotech & Money. Tonight, in a couple of hours, João Andrade CEO of WCG will find out if they won, or not…

The Club wishes WCG best of luck! Please take a minut to visit the WCG Facebook page and wish them luck!

ABOUT BIOTECH AND MONEY

Biotech and Money (B&M) is an influential community of senior life science decision makers. B&M is a catalyst for dialogue, debate and deal making to help lead growth in healthcare investment and the building of billion dollar healthcare business. B&M is determined to forge a fundamentally better way to promote and facilitate investment, financing, partnerships and deal making in healthcare.

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https://abc.angelequitygroup.com/news/info/good-luck-joo-co
<![CDATA[BRITANNIA’S GOLD TO ALL ACTIVE MEMBERS]]> https://abc.angelequitygroup.com/news/britannia-s-gold-to-all-active-members Tue, 05 Sep 2017 11:24:00 +0200 By: Angel Business Club

This is indeed good news for all members of Angel Business Club. Last week we could read about the successful completion of Project TRITON (Survey Phase 1) and the beginning of this week BGL went live with a community funding offer on www.angeleqt.com. Soon we will share a new video from Project TRITON. Stay tuned and stay active. More good news is coming…

But that’s not all… In this week’s allocation, active members will also receive free share entitlements in THE NATURAL DRINKS COMPANY, WIDECELLS GROUP (listed shares) and SMARTTRADE APP.

NB. If you have an active ABC membership in September you will also receive one golden raffle ticket with a chance to win a 1 KG gold bar from any future successful recovery by BGL.

THIS IS A GREAT WEEK TO START YOUR MEMBERSHIP SUBSCRIPTION IF YOU HAVE NOT ALREADY

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https://abc.angelequitygroup.com/news/info/britannia-s-gold-to-all-active-members
<![CDATA[ABC MEMBER SIGNS FIRST UK CellPlan POLICY]]> https://abc.angelequitygroup.com/news/abc-member-signs-first-uk-cellplan-policy Fri, 01 Sep 2017 09:53:00 +0200 By: Widecells Group PLC

excerpt from CellPlan blog...

"My main reason for offering to bank my granddaughter’s cord blood and tissue was that, as a grandparent, I could feel I had played a useful role in her and her family’s future health."

Gill Sepe

Gill’s Story

A diagnosis of blood cancer affects the whole family. At CellPlan we provide a unique protection plan that unlocks world-leading stem cell transplantation and covers the travel and accommodation expenses of the patient and a family member. For Gill Sepe, a grandmother from Surrey in the UK, CellPlan offers peace-of-mind: if one of her family falls ill, they will receive the best possible care. 

Stem Cell Treatments

Gill had been aware of stem cell treatments for some time when her first grandchild Frankie, now 5 years old, was born. Like many of us, Gill had seen medical documentaries and success stories featured in the news but had thought that such therapies may be financially inaccessible to her own family: “I had no real idea of the costs involved, other than that they were massive.”

Although there is no history of blood cancer in the Sepe family, there have been other cancers, such as lung cancer, and Gill herself suffers from an autoimmune disease that, she says: “thankfully, doesn’t give me any problems now but perhaps in the future it might deteriorate.”

Cord Blood Banking

A short time ago, Gill happened to see a presentation by João Andrade, CellPlan’s CEO at a business meeting. “He was so passionate about the massive potential of stem cell treatments,” she says “and how CellPlan insurance cover would revolutionise the way in which the average person could access treatments across the world for a fraction of the cost of paying privately.”

Umbilical cord blood contains haematopoietic stem cells (HSCs): an established treatment for leukaemias, lymphomas, multiple sclerosis, metabolic diseases and numerous disorders of blood cell proliferation, including sickle cell disease and Fanconi’s anaemia. Since the first transplant of umbilical cord blood HSCs in 1988, it is estimated that over 35,000 umbilical cord blood transplants have been performed worldwide. (Cell & Gene Therapy Insights, 3/8/17)

Stored umbilical cord blood offers an alternative source of HSCs that has advantages over both peripheral blood and bone marrow. The collection of cord blood is quick, non-invasive and painless, and the HSCs are generally healthier and in higher numbers than those sourced from older donors.

“By the time I heard João speak for a second time some months later, my daughter was pregnant,” Gill says, “so it really was a no-brainer to get on board.”

READ THE WHOLE STORY HERE...

https://www.cellplan.com/blog/why-i-chose-cellplan-for-my-beautiful-grandchildren-gills-story/

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https://abc.angelequitygroup.com/news/info/abc-member-signs-first-uk-cellplan-policy
<![CDATA[WELCOME HOME!]]> https://abc.angelequitygroup.com/news/welcome-home Tue, 29 Aug 2017 14:11:00 +0200 Dear All,

As of today we have started to implement our new online look&feel. The most significant change will be experienced on our new welcome page (landing page). But we are also implementing the new graphic elements throughout the website.

This work has just commenced and there will be some bugs and minor faults as we implement but please have patience we will not rest until all is perfect...

On the landing page visitors can access a new feature - The Angel Business Club company page. This "company page" can be shared as a link to interested new members to give a quick overview of our Club.

Please also take time to visit our newly redesigned Facebook page and share with friends and family.

Enjoy!

Anders Alm | Director Marketing & Communications

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https://abc.angelequitygroup.com/news/info/welcome-home
<![CDATA[MyCab appoints new CEO]]> https://abc.angelequitygroup.com/news/mycab-appoints-new-ceo Tue, 29 Aug 2017 10:45:00 +0200 By: MYCAB

MYCAB has appointed Mr. Nigel Clarke, (British, born 1970) as the Chief Executive Officer in MYCAB HOLDING S.A. the holding company of MYCAB International Group.

”Nigel is a visionary, passionate and hands-on sales and business leader with 20+ years of proven success in Hi-Tech companies driving multi-million dollar revenues through direct and channel sales, whilst building, managing and motivating teams.

”Nigel is the right person to build MYCAB’s sales teams and partners throughout international travel markets and we are very pleased to announce this key strategic appointment says Mr. Roger Blomquist, Chairman & Founder of MYCAB Holding S.A.”

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https://abc.angelequitygroup.com/news/info/mycab-appoints-new-ceo
<![CDATA[WideCells Group Raises £750,000 to expand]]> https://abc.angelequitygroup.com/news/widecells-group-raises-750-000-to-expand Mon, 28 Aug 2017 09:25:00 +0200 By: Widecells Group PLC

WideCells Group 15 August 2017

WideCells Group raises £750,000 to expand and support the Company's three divisions 

WideCells Group PLC, the healthcare services company focused on providing stem cell services and ground-breaking insurance for stem cell treatment, is pleased to announce that it has raised gross proceeds of £750,000 through the issue of 5,357,143 ordinary shares at 14p per share by way of a private placing (the 'Placing') with new and existing shareholders as well as the Board of Directors.  The funds raised will be used to execute on a range of additional opportunities the Group has identified since listing in July 2016, rapidly accelerate the roll out of its three stem cell services divisions, CellPlan, WideCells and WideAcademy, and further its penetration of the rapidly growing stem cell market.

WideCells Group CEO, João Andrade, said, "This is an extremely exciting phase in our development as we look to accelerate the growth of all three divisions, CellPlan, WideCells and WideAcademy, through the aggressive roll out of new and existing products and services.  Our growth trajectory has been steep and we are set to continue this in the coming months as our proprietary insurance product CellPlan gains traction, the marketing of INDUS, a novel synthetic bone graft which promotes new bone formation increases, and the expansion of our stem cell bank relationships as well as our own storage capabilities expands.  Furthermore, having recently been granted a research licence from the UK's Human Tissue Authority, this cash injection will enable us to proceed with further cutting-edge stem cell research in a market that is projected to be worth US$170 billion by 2020 which is intended to help drive more revenues for the company in the future.

"We are ideally positioned to build on our position as a key service provider and leading international innovator in the stem cell arena.  We recently ranked as the 21st most disruptive company globally by DISRUPT 100; I look forward to continuing in this vein, increasing revenue and rewarding shareholders for their support." 

 

CellPlan

With the Company's e-commerce platform live, CellPlan can now be purchased by both new and existing customers of Biovault Technical Ltd ('Biovault'), the UK's largest private human tissue storage facility.  The platform enables the Group to target existing customers, who can purchase its stem cell insurance product, CellPlan, direct, whilst every new Biovault customer automatically receives CellPlan for a 12-month period, the cost of which is covered by Biovault as part of its package to new storage customers.  A portion of the funds raised will be used to develop the second stage of the e-commerce platform to roll out extended provider network and marketing spend to acquire more clients.  Additionally, the Company intends to strengthen marketing activities to accelerate growth and uptake - both to additional cord blood storage facilities and the extended provider network. 

WideCells

The Company's first stem cell storage facility, the Institute of Stem Cell Technology at the University of Manchester Innovation Centre, has been granted a Research Licence (the 'Licence') from the UK's Human Tissue Authority.  This Licence, Number 12669, enables the Company to proceed with cutting-edge stem cell research at its base in Manchester and build on its position as a leading international innovator in the stem cell arena.  A portion of the funds raised will be used to deliver additional storage services, including stem cells from the placenta, cord blood plasma, teeth cells and synthetic bone substitute INDUS, and to drive storage uptake.

WideAcademy

WideAcademy is focused on becoming a thought leader in stem cell technology and accordingly the Company aims to establish itself as a high-profile resource for both healthcare professionals and families alike.  It aims to achieve this goal by establishing collaborations with leading multinational technology companies and reputed educational institutions and developing a website and mobile App which can deliver and distribute high quality and trustworthy information about this cutting edge and innovative industry.  The funds will be used to create and develop a digital platform to facilitate distribution of content globally, accelerate WideAcademy Courseware and secure and advance partnerships with educational institutions and technology companies.

 

The Placing

The Placing has raised gross proceeds of £750,000 by the issue of 5,357,143 new ordinary shares of £0.0025 each in the share capital of the Company (the 'Placing Shares') to new and existing shareholders and Directors of the Company, at a price of 14 pence per Placing Share (the 'Placing Price'), conditional only on Admission (as defined below). 

Applications have been made for admission of the Placing Shares to listing on the Standard segment of the Official List of the UK Listing Authority and to trading on the Main Market for listed securities of the London Stock Exchange plc ('Admission').  Admission is expected to take place on 18 August 2017.

The Placing Shares will rank pari passu in all respects with the existing ordinary shares in the share capital of the Company (including as to the right to receive dividends (and other distributions, if any) declared, made or paid by the Company after the date of issue of the Placing Shares).

 

Directors' participation in the Placing

Director

Number of Placing Shares subscribed for

Price per Placing Share

Number of shares held following the issue of the Placing Shares

Shareholding following the issue of the Placing Shares

João Andrade

15,000

Placing Price

8,055,000

12.43%

David Bridgland

71, 429

Placing Price

403,979

0.62%

Lopes Gil

15,000

Placing Price

8,050,000

12.42%

Graham Hine

20,000

Placing Price

3,258,698

5.03%

Marilyn Orcharton

7,143

Placing Price

158,095

0.24%

Alan Greenberg

35,714

Placing Price

35,714

0.06%

Alvaro Salas

21,429

Placing Price

181,663

0.06%

 

The notification set out below (made in accordance with the requirements of the Market Abuse Regulation (EU) 596/2014 ('MAR')) provides further detail of the directors' participation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 

1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Names 

1. João Andrade - Chief Executive Officer

2. David Bridgland - Chief Financial Officer

3. Lopes Gil - Chief Operating Officer

4. Graham Hine - Chairman

5. Marilyn Orcharton - Non-Executive Director 

6. Alan Greenberg - Non-Executive Director

7. Alvaro Salas - Director WideCells Espanã S.L.

2

Reason for the notification

a) 

Position/status

Directors of the Company

b) 

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

Name

WideCells Group PLC

b)

LEI

n/a

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument 

Ordinary shares of £0.0025 each

b)

Identification code 

GB00BD060S65

c)

Nature of the transaction  

Placing

d)

Price(s) and volume(s)

Name

Price(s)

Volume(s)

João Andrade

David Bridgland

Lopes Gil

Graham Hine

Marilyn Orcharton

14p

14p

14p

14p

14p

15,000

71,429

15,000

20,000

7, 143

Alan Greenberg

Alvaro Salas

14p

14p

35,714

21,429

 

d) 

Aggregated information 

- Aggregated volume

- Price

 

185,714

£26,000 (185,714 new ordinary shares at 14 pence per new ordinary share)

e) 

Date of the transaction 

18 August 2017

f)

Place of the transaction

Outside a trading venue

Total voting rights

Following the issue of the Placing Shares the Company's total issued share capital will consist of 64,821,010 ordinary shares of £0.0025 each.  As each ordinary share carries one vote the total number of voting rights attached to the ordinary shares in the Company is 64,821,010.  

This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in ordinary shares in the Company in accordance with the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

 

 WideCells Group PLC

WideCells Group is building an integrated stem cell services company, focused on making stem cell treatments accessible and affordable.  In June 2017, the Group was ranked as the 21st most disruptive company globally by DISRUPT 100, an annual index celebrating the businesses with the most potential to influence, change or create new global markets.

With this in mind, WCG has created three divisions:

  • CellPlan the world's first stem cell healthcare insurance plan with financial cover for medical treatment, travel and accommodation expenses and concierge service to manage the treatment process
  • WideCells the Institute of Stem Cell Technology has been established and is based in the University of Manchester Innovation Centre to focus on stem cell research and regenerative medicine. WideCells also has international cryogenics divisions specialising in stem cell storage.
  • WideAcademy developing an education and training division to promote awareness of the benefits of stem cell storage across the global general practice community.

The Group has built an experienced senior management team that has been integral to the development of its growth and business to date. 

Stem Cell Fast Facts

  • Cord blood (which is taken from the umbilical cord) provides the most effective source of stem cells for families' due to it being simple, safe and painless to collect relative to other sources of stem cells such as bone marrow - WideCells will focus on promoting the collection and storage of this.
  • Since 2005, there has been a 300% increase in the number of illnesses that can be treated using stem cells
  • 82 illnesses can currently be treated using stem cell procedures
  • Despite initial storage often costing no more than a few £thousand, actual treatment can cost in the £hundreds of thousands
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<![CDATA[PROJECT TRITON COMPLETED]]> https://abc.angelequitygroup.com/news/project-triton-completed Fri, 25 Aug 2017 11:19:00 +0200 By: Britannia’s Gold Ltd

London August 2017

Project Triton – Cluster 1 Survey

Britannia’s Gold is very pleased to announce that survey operations on the first cluster of shipwrecks has now successfully completed. Over the previous weeks the survey team of 37 personnel has worked around the clock to locate, identify and survey the targets using state of the art marine survey equipment. 

 

Will Carrier, BGL’s Operational Director said “Mobilisation on to the charter vessel was intense and time consuming due to the vast amount of our survey equipment requirements. However the team worked faultlessly with the integration ensuring everything was completed ahead of the vessel’s departure from port. A brief stop in transit to the first location allowed for the Remotely Operated Vehicle (ROV) to be ‘wet-tested’ and for the survey equipment to be accurately calibrated. Positional data for the shipwrecks supplied by our research department was excellent, allowing us to arrive at the given coordinates, dive the ROV and immediately commence operations. We were able to gather all the information we set out to obtain within the given charter period, together with reassuring ourselves that the wrecks remain intact with no visible evidence of previous salvage attempts”.

Using a Dynamically Positioned (DP) vessel as the work platform BGL made numerous dives to the various shipwrecks using a procedural approach. This entailed deploying the ROV to a depth shallower than that given for the wreck and engaging the onboard multibeam to ‘sweep’ the coordinate locations, thus giving a generalised 3D image of the wreck and its surrounding areas. This also identifies the bearing of the shipwrecks which is important to the team during the closer visual inspections. Using original shipbuilders plans as reference, the engineers were able to superimpose AutoCAD replicas into the survey navigation systems which gave the ROV pilots and surveyors accurate representations and also aided in identifying points of interest on the targets. After completing ‘as-found’ and General Visual Inspection (GVI) using HD and Silicon Intensified Technology (SIT) video cameras as the recording medium, the team engaged the acoustic multibeam system, conducted low level sweeps of the wrecks to generate highly detailed 3D fly-by movies and images capable of being manipulated in a software environment. 

Seb Lacombe, BGL’s Senior Salvage Engineer added “The generation of the 3D models and implementation into a software package is immensely important to us, giving us exact information as to how the wrecks reside today. Furthermore, we can superimpose the 3D model into the subsea navigation system, thereby clearly representing the wreck, and the positions of ROV’s and all the salvage tooling in a “real-time” software environment during the salvage phase. This coupled with real-time 3D SONAR becomes essential when physical visibility becomes effected through turbidity in dark waters”. 

Further data is collected during the survey phase relating to the environmental and geophysical conditions at the time, such as seabed consistency and state, currents, scour and surface conditions, all of which is closely analysed together with the wreck survey data and addressed ahead of the salvage phases. BGL is now assessing all results and planning the forthcoming salvage phase of the project.

Will Carrier | COO | Britannia’s Gold Ltd

Triton Survey 1 Summary

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<![CDATA[Member Meeting @ The Fairmile]]> https://abc.angelequitygroup.com/news/member-meeting-the-fairmile Thu, 24 Aug 2017 09:51:00 +0200 Meet ABC in Cobham!

Our UK team is organising a member meeting in September, in Cobham. Guest speaker is Dominic Berger who will present the Club and share highlights on some of our investments. The event is free but please register as places are limited.

Date: Tuesday, September 5th
Time: Meeting starts at 7 pm
Address: The Fairmile, Portsmouth Rd, Cobham KT11 1BW

Welcome!

Link to register https://www.eventbrite.co.uk/e/angel-business-club-investment-evening-tickets-36522616128

For more information contact Soraya Anderson 07804 693122

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<![CDATA[Anyone for a drink?]]> https://abc.angelequitygroup.com/news/anyone-for-a-drink Thu, 24 Aug 2017 09:38:00 +0200 By: The Natural Drinks Company

Recently Frutree (The Natural Drinks Company) launched a new flavour, Apple & Blackcurrant. Sales figures for July were up 127% year-on-year.

The Natural Drinks Company is in negotiations with both Aldi and Asda, two major supermarket chains in the UK.

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<![CDATA[Britannia's Gold setting sails...]]> https://abc.angelequitygroup.com/news/britannia-s-gold-setting-sails Thu, 10 Aug 2017 11:25:00 +0200 By: Britannia’s Gold Ltd

UPDATE FROM BRITANNIA'S GOLD LTD.

We are very happy to announce that our salvage team set sail last night for the first phase in the greatest Gold Recovery in history. The team will begin surveying sites over the following weeks, after years of planning and research. We'll be posting updates on our Facebook page.

Visit  http://britanniasgold.com/ to find out how you can be a part of this exciting treasure hunt!!

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<![CDATA[Firescape Update]]> https://abc.angelequitygroup.com/news/firescape-update Mon, 07 Aug 2017 13:57:00 +0200 By: Firescape Global

Since our last newsletter Firescape Global Limited ("FGL") held its launch event on the 24th April 2017 in the City of London. A number of Shareholders attended the event and for those that couldn't, a video and pictures can be viewed on our Website www.firescape-global.com.

The event was well received with a number of key partners and customers attending as well as representatives of several fire services from various countries. The event led to a number of new sales leads which are being actively followed up.

Meanwhile we have continued to work hard to bring our product portfolio to market readiness. The journey from concept to sale is never as easy as might be expected, with the efficacy of each product being continually improved along the way as the products have passed a series of tests to achieve appropriate accreditations. Suitable packaging and labelling, which satisfies relevant regulatory requirements, has also been developed for each product. We are determined that not only will we have an impressive range of products, but that they meet very high standards of both performance and quality. This will underpin the value that we are creating and this is worth taking a little time over.

The result is that FGL is now able to offer a number of high quality products to the market and progress in that regard is set out below.

To reach our market we have established relationships with a number of support service providers and other commissioned agents (as expanded on below). Whilst some promising international connections have arisen as a consequence of the origins of the project and through serendipity (and to the extent that these are promising they are being followed up) the focus is upon developing UK sales.

FGL’s extinguishers filled with our fluid are sold under our Extinguish- Safe brand. A number of patent applications have been filed in respect of the fluid.

Firescape has been working with London Fire Brigade to undertake the first roll out of the products now scheduled for July 2017 with 30 Fire Stations who in the first phase will be adopting our 9 litre Extinguishers.

Dorset & Wiltshire fire and rescue service are currently piloting our 9 litre and 6 litre extinguishers as well as the bulk fluid, to ascertain the commercial benefits and how many will be required on a monthly basis and the amount of fluid that will be used.

Shareholders should appreciate that sales to fire brigades are important for three reasons: firstly, the early adoption of our technology by such demanding and discerning users is a great marketing tool in itself. Secondly, the fire brigades are expected to be busy and frequent users of our products and the immediate feedback they provide will help us further develop and improve our products. Thirdly, the sales will of course generate immediate revenue.

We have 1,300 extinguishers in stock with another 2,700 (already paid for) arriving during July and our supply chain is able to deliver more at a rate of up to 40,000 a month, as required.

With the extinguishers we have two possible market offerings: leasing and outright sales. We are going to test both in the market to ascertain which performs better. A key advantage of leasing (or our managed service offering) is that it lowers the up-front cashflow impact for the end user, which is important as our extinguishers will cost more than conventional extinguishers on an item by item basis – although in practice that extra cost should be more than offset by both (a) a reduction in the number of extinguishers likely to be required (as our extinguishers will be certified for all classes of fires including electrical) and (b) reductions in the training costs which are mandated for end user staff. Leasing also offers other advantages for the end user including the monitoring of the extinguisher assets.

The lease model involves a sales partner who will sell the leases, an assessor to determine the required number and location of the extinguishers and a service provider who will install the extinguishers and then inspect them during the term of a five-year contract.

FGL has two confirmed service providers who have signed up with FGL (on a non-exclusive basis), whom together with a number of fire extinguisher assessors, will enable FGL to sell, install and service (principally 6 litre) extinguishers across the UK. The main sales agent is Universal FireX whose remit is to develop our sales pipeline across the UK commercial sector. A key benefit to FGL of these arrangements is support from a sales team under the guidance of its own MD, without the immediate need for the significant up-front costs that would be incurred were FGL to seek to build its own marketing resource in this area. This is a strategy that we intend to replicate with other providers and agents as appropriate.

We have worked closely with these providers to ensure they understand FGL’s sales/installation process from start to finish. A number of training days have been arranged and attended by the entire team to re-enforce this.

The company’s smart technology add-on will, subject to Board approval, be developed and deployed later this year/early next year following field tests. The smart technology add-on will facilitate remote monitoring of extinguishers – functionality which the market has shown great interest in having.

Sales and leasing of extinguishers will begin during July 2017 now that the products are ready and appropriate sales and back-up processes are in place.

For the 6 litre model FGL’s focus will be on the managed service lease offering, outlined above, targeted initially at the commercial, retail, property management and construction sectors.

FGL recognises that some market sectors may not be receptive to the lease model however and we shall simply sell to them as appropriate; for example FGL will sell 9 litre extinguishers to the UK’s fire services, to the waste management industry and others as the market requires. FGL continues to seek and expand its sales partners/distributers across the product range

Pan Safe is our sachet product, for use on domestic pan fires.

Pan Safe was launched on a number of cheaper low volume shopping channels this month (as displayed on our website and on social media) and is now available in two sizes, with the new slightly longer version designed to satisfy British Standard PAS 2013/1:2013 - the world’s first fire sachet product with such approval. The original sachet will be sold in countries where accreditations are not required. The volume of sales on such channels to date has been disappointing – less than 250.

However, we do expect sales of Pan Safe to accelerate once we have obtained Clearcast approval. Clearcast approve the content of adverts to ensure that they comply with the UK Code of Broadcast Advertising. In practice Clearcast is a prerequisite for access to TV channels with a bigger audience. We anticipate having Clearcast approval by August 2017.

A Japanese TV shopping Channel is expected to place its first order for Pan Safe in August in support of a pilot show that is planned for later that month.

FGL is also seeking direct sales of Pan Safe through major retail outlets, which we anticipate being the main marketplace for Pan Safe. Discussions are ongoing with a number of players in the retail space.

We have 20,000 sachets in stock (at a cost of c. £20k). Pansafe can be delivered at a rate in excess of 200,000 a month if required.

FGL is also in the process of developing training videos and smart APPS for its product range. The training APPs demonstrate the safe use of the products and allow for staff training if required, on-line, via the completion of a series of questions after seeing a video, with the issue of a certificate if successful. The training APPS are launched through a mobile phone or other electronic device

Historically the mandatory staff fire extinguisher training requirements imposed upon employers have often not been complied with. Post Grenfell that is expected to change as ever more focus comes on strict compliance with existing legislation.

The training app has the potential to generate significant extra revenue for FGL as for end users it represents a materially cheaper way of training their staff, avoiding as it does the need to attend an offsite training course.

Shareholders will have the opportunity to be able to view and use these training APPS at an event in London near the end of July 2017. (see appendix)

Spay Safe is FHL’s plastic aerosol product. It combines a small size, lightness and consequent ease of use with significant fire-fighting capabilities. The combination has the potential to open up a whole new range of end user applications, including automotive.

Spray Safe is about to come out of the R&D phase (having passed various performance testing) but still needs certain additional accreditations as an aerosol product. It is anticipated that it will be released for sale in mid-November (335 ml vessel). A larger 500ml size is also undergoing testing and should also be ready for market by the end of the year.

A demonstration video showing the capability of the 335 ml size will be available on FGL’s website by the end of July. There is already significant interest in the Spray Safe products. We are currently in the process of negotiating with potential distributors.

PV Stop is a liquid sprayed onto solar panels to prevent them generating electricity. The presence of solar panels on roofs of burning buildings is a significant risk for fire services as they can cause the fire fighter applying a water jet to the building to be electrocuted.

FGL has entered into a heads of terms arrangement with Solar Developments Pty (the Australian company that makes PV Stop) with a view to FGL and its sales agents undertaking the distribution and sales of its PV Stop product in the UK and other countries to be agreed.

London Fire Brigade is expected to place its first order for PV Stop for 30 units (c £3k) within the next couple of months.

It is then planned to roll it out across all UK fire services, with international sales following later in the year.

PV Stop is not going to be a major focus for FGL but does represent a useful addition to the product range on offer to customers.

As at 30 June 2017 the business had invoiced c. £15k of product for initial trials by customers. This is a low figure but reflects the fact that the business operates in a highly regulated market and that it does take time to bring quality products to the market.

We do now anticipate significant sales and are forecasting in excess of £500k turnover in the next quarter.

Our current forecast for next financial year is that sales should exceed several millions of pounds, although as with all start-ups, unforeseen regulatory and other barriers can negatively impact on the volume of sales and how soon they can be made.

The majority of these sales are expected to be for the UK market where the contacts and opportunities are now developing well. As regards overseas markets, most of our efforts are focussed on local fire services. In Ireland our agent is progressing sales across the current product range in both the commercial and domestic market. In Japan our distributor will be focusing on Pan Safe and Spray Safe.

We do expect that cashflow break-even will be achieved within the next three to six months based on projected sales.

More detail on the Group Financial position will be published shortly on the Company Page

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<![CDATA[WideCells Group – New product]]> https://abc.angelequitygroup.com/news/widecells-group-new-product Mon, 24 Jul 2017 13:06:00 +0200 By: Widecells Group PLC

WideCells Group PLC, the healthcare services company focused on regenerative medicine, including the provision of stem cell services and ground-breaking insurance for stem cell treatment, is delighted to become a licenced provider of INDUS, a novel synthetic bone graft which promotes new bone formation.

The Group intends to start selling this new product in the UK in the coming months, initially targeting the dental industry, with potential for further roll out internationally.

In line with the Group's strategy to support the uptake of innovative, regenerative medicine technology, WideCells Group, through its fully owned subsidiary WideCells Ltd ('WideCells'), has secured a licence agreement with Medbone® - Medical Devices Lda ('Medbone'), which has developed and manufactures INDUS. The product has just received CE Marking, meaning it complies with the essential requirements of the relevant European health, safety and environmental protection legislation, meaning that it is approved for sale across Europe. Whilst the Group will initially target the UK market, WideCells hope to expand its service offering globally in time.

Alongside offering INDUS to clients in the UK, the Group intends to undertake research in the future at its Institute of Stem Cell Technology in Manchester, England, to examine the potential of using stem cells alongside synthetic bone graft treatments to accelerate the new bone formation process. Initial studies undertaken to date have shown promising results that when bone grafts and stem cells are used together the recovery process may be greatly improved.

There are two primary INDUS products, which WideCells will offer alongside its range of complementary stem cell services:
· INDUS TCP, a porous synthetic ceramic containing tricalcium phosphate, designed for the filling of bone voids or defects. The interconnected porosity allows partial or total resorption so that it is replaced by new bone during healing.
· INDUS BCP, a porous synthetic ceramic, containing 75% hydroxyapatite and 25% tricalcium phosphate, designed for the filling of bone defects. The biphasic composition enhances the ceramic substitution in a two-phase process allowing an optimal resorption rate compatible with the bone physiology.

Current applications of INDUS primarily relate to the dental market; uses include filling extraction cavities, sinus floor elevation, alveolar (bony socket for the root of a tooth) filling, augmentation and regeneration, dental implants and the reconstruction of tumour voids and cyst defects. There is however significant potential for use within orthopaedic surgeries, which WideCells intends to explore in due course as the benefits of using INDUS are significant for both healthcare professionals and patients; there is an unlimited supply; there is no risk of transmitting disease, rejection or infection; the product has a long-life span, and; surgery time for fitting is reduced compared to alternative bone graft products currently being used.

WideCells Group CEO, João Andrade, said, "At WideCells our vision is to provide regenerative therapy that promotes the next stages of medical development. We have had great success to date in making stem cell treatments more accessible and affordable globally and whilst this remains our primary focus, having recognised significant, complementary growth opportunities within the dental industry, we are delighted to add a new product offering and revenue stream to our portfolio.

"Supporting our progression into the dental industry is our non-executive director Dr. Marilyn Orcharton, a qualified dentist who has received a medal of Honour from the British Dental Association and co-founded Denplan Limited, the UK's market leader in dental insurance. Marilyn's established network and experience will be invaluable in helping us build this new and emerging revenue stream. Now is an incredibly exciting time to be in regenerative therapy."

WideCells Group CSO, Dr Peter Hollands, said, "INDUS is the next generation in bone material; it is the most advanced regenerative synthetic bone material in the market and has already been clinically proven to offer a number of advantages compared to current bone graft products being used. Furthermore, with the potential for stem cell technologies to advance this product further, we believe INDUS is set to become the number one choice for dental healthcare professionals."

 

WideCells Group PLC is building an integrated stem cell services company, focused on making stem cell treatments accessible and affordable. In June 2017, the Group was ranked as the 21st most disruptive company globally by DISRUPT 100, an annual index celebrating the businesses with the most potential to influence, change or create new global markets.

With this in mind, it has created three divisions:

  • CellPlan: the world's first stem cell healthcare insurance plan with financial cover for medical treatment, travel and accommodation expenses and concierge service to manage the treatment process
  • WideCells: the Institute of Stem Cell Technology has been established and is based in the University of Manchester Innovation Centre to focus on stem cell research and regenerative medicine. WideCells also has international cryogenics divisions specialising in stem cell storage.
  • WideAcademy: developing an education and training division to promote awareness of the benefits of stem cell storage across the global general practice community.

The Group has built an experienced senior management team that has been integral to the development of its growth and business to date.

Stem Cell Fast Facts:

  • Cord blood (which is taken from the umbilical cord) provides the most effective source of stem cells for families due to it being simple, safe and painless to collect relative to other sources of stem cells such as bone marrow - WideCells will focus on promoting the collection and storage of this.Since 2005, there has been a 300% increase in the number of illnesses that can be treated using stem cells
  • 82 illnesses can currently be treated using stem cell procedures
  • Despite initial storage often costing no more than a few thousand (£), actual treatment can cost in the hundreds of thousands (£)

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR).

 

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