INFINOX CEO Robert Berkeley: we raised our additional clients’ money insurance to £1M

LONDON, Jul-17-2017 — /EuropaWire/ — Based in the City of London and authorised and regulated by the Financial Conduct Authority since its founding in 2009, INFINOX (infinox.com/en) has decided to expand its client funds insurance policy to £1,000,000. The insurance policy is underwritten by QBE Underwriting Limited and other participating syndicates and comes as standard, at no cost to INFINOX’s retail clients.

It is the second time during this year for the retail broker to raise the threshold of clients’ insurance above the standard £50,000 compensation per customer, per claim, provided by the Financial Services Compensation Scheme (FSCS) for customers of firms authorised and regulated by the Financial Conduct Authority (FCA), in case of a firm not being able to meet its financial obligations due to insolvency. In January 2017, INFINOX announced covering each retail client individually with such additional insurance up to £500,000.

Robert Berkeley, CEO of INFINOX, comments on this step: ‘INFINOX has built a reputation as a major player in the Forex industry, through underpinning dynamic products with competitive trading parameters and a premium customer experience. At INFINOX, our core value is treating every single client as a partner. In the move to ensure even higher security and the confidence of our clients, we decided to raise our additional clients’ money insurance to £1,000,000 from the previous £500,000. This is our way to show what best practice is, and what integrity and premium client service actually means’.

This type of additional insurance becomes important under extreme circumstances of a firm’s insolvency and where a firm is unable to meet its financial obligations or claims made against it, and enables clients to either claim against Infinox Capital Ltd or the insurance provider. Therefore, this insurance policy provides investors far greater investor protection and compensation rights than ever before.

For more information, visit https://infinox.com/en/client-funds-insurance

SOURCE: EuropaWire

Recent Rise in the Stock of UOIP and its Relation to ChanBond

Fairfax, VA, Jul-3-2017 — /EPR FINANCIAL NEWS/ — Unified Online Inc. (UOIP) is an internet and cloud computing company. According to company materials, UOIP provides wireless and fiber broadband service, co-location space and related services. It operates a Network Access Point where clients directly interconnect with a network ecosystem of partners and customers.

The company was created after the acquisition of 100% of the outstanding stock of Computers and Tele-Comm., Inc., a Missouri corporation, and its wholly owned subsidiary, KC NAP, LLC in exchange for 23,921 shares of common stock. In 2013, UOIP announced that it would merge with Storage vendor ICE WEB. With this new business transaction, the company started to provide cloud application services, and cloud storage services that include file sharing and collaboration services.

UOIP has a market cap of $11.33 million. In addition, through the Company’s ICE-WEB Storage Corporation subsidiary, it can deliver online cloud computing application services, other managed services, such as Disaster Recovery, Archive Storage, Redundant File Storage, Redundant Broadband Services and Business Continuity Services.

The company has not put out any recent press, so the recent volatility is now quite noticeable. It is entirely possible that the company has a large order pending that has been undisclosed, or that the company is in negotiations for a buyout, but both are speculative at best.

It currently has negative earnings. It has been volatile since the attack last month by several other cable companies. UOIP’s subsidiary deals with disaster recovery, could be responsible for pushing shares higher.

The Wannacry attack has been pushing up software companies across market since the attack. The virus attacked windows systems that had not been updated and did not include a “critical” patch that had been “issued by Microsoft to remove an underlying vulnerability “. Many organizations, which were not secured, suffered the attack that spread all over the world in the following days. Experts estimate that over 200,000 victims and more than 230,000 computers were infected. The virus did not slow down its activity until late May. Hackers demanded $300 to $600 from each user to recover the encrypted files as ransom. UOIP might be riding this wave along with other sector companies, but it is unclear.

UOIP details intangible assets on the balance sheet; $5,049,383. Diving deeper into that means that the total amount of assets is approximately $5.2 million. Intangible assets could be patents or technologies that are still be developed and could be valued broadly. Above all this, UOIP is currently flagged by the OTC Markets exchange with the “Caveat Emptor” sign, which means that shareholders need to “exercise additional care and perform thorough due diligence before making an investment decision in the company”.

Unified Online Inc. (OTCMKTS: UOIP) is a volatile company with murky evidence behind the rise. Investors should be absolutely careful because the company has not released any press about business moves or investments. Following the bread crumbs leads us nowhere and UOIP could just be riding a temporary wave. This is a stock to watch but also a sector to keep an eye on as well.

On October 27, 2015, Unified Online (UOIP) acquired 100% of the membership interest Chan-Bond, LLC (Chan-Bond), a portfolio of patents that disclose a technology that allows cable companies to provide high-speed data transmission over their existing hybrid-fiber coaxial networks.

Petitioner, RPX Corporation (“RPX”), filed a petition on November 20, 2015, requesting an inter parties review of claims 1–31 of U.S. Patent No. 7,941,822 B2 (Ex. 1001, “the ’822 patent”). Paper 1 (“Pet.”). Patent Owner, Chan-Bond LLC (“Chan-Bond”), filed a Preliminary Response on March 10, 2016. Paper 6 (“Prelim. Resp.”).

Chan-Bond sued several cable company defendants alleging patent infringement of three wideband signal distribution system patents in the District of Delaware in 2015. The defendants included Atlantic Broadband Group, Bright House Networks, Cable One, Cablevision, Cequel Communications, Charter Communications, Comcast Communications, Cox Communications, Mediacom Communications, RCN Telecom Services, Time Warner Cable, Wave-Division Holdings, and Wide-open West Finance (District of Delaware case nos. 15-cv-842 to -854). Non-party Cisco filed eight IPR petitions against the three Chan-Bond patents in September 2016, and a stay was ordered on March 3, 2017 pending the PTAB’s decisions to institute IPR.

Cisco’s IPR petitions had mixed results. The day the stay was ordered the PTAB instituted inter parties review of claims 1,2, 5, 6, 19, 20, 23 and 29 from US Patent 7,941,822 (IPR2016-01744), but denied institution of claims 13 and 14 in a second IPR petition of the ‘822 patent (IPR2016-01746). (Note: RPX filed an IPR petition on claims 1-31 of the ‘822 which was instituted for trial and oral arguments were held in January 2017. A final written decision has not been issued by the PTAB yet. See IPR2016-00234.) On March 29, 2017, six IPR petitions for US Patent Nos. 8,341,679 and 8,984,565 were denied institution.

The PTAB rejected Cisco’s assertion that multiple channels are multiplexed on the same frequency bands, and that code channels or CDMA channels could be an RF channel within the meaning of the ‘679 patent. The panel cited an inconsistent statement by Cisco’s expert which described a FDMA and CDMA hybrid system using Walsh codes: “[t]he mutual orthogonally of Walsh codes allows one particular coded channel to be isolated and decoded from all other coded channels, even though they are all broadcasting on the same RF channel.” (Italics added by the panel). The panel reasoned that this statement referred to a particular frequency band as an “RF channel” and to divisions within the RF channel as “coded channels,” and therefore gave no weight to the expert’s testimony regarding the meaning of “RF channel.”

The PTAB concluded that the term “RF channel” as used in the ‘679 patent “does not include code channels – for example data streams created by CDMA– but instead refers only to frequency bands, such as those created by FDMA.” (Final Written Decision of IPR2016-01898, p. 13.) All six of the IPR petitions of the ‘679 and ‘565 patents were denied based on the claim construction issue and because Cisco’s grounds were based CDMA prior art.

It appears that the one year window after service to file IPRs has passed, so it will be interesting to see if a request for rehearing is filed by Cisco to challenge the panel’s decision. It is not clear if the interpretations proffered by the panel will somehow pose issues for Chan-Bond to enforce its patents as planned, but it has at least avoided further review of the ‘679 and ‘565 patents for now.

###

The Story of ChanBond’s Fight for its Patent Infringement

Fairfax, VA, Jun-14-2017 — /EPR FINANCIAL NEWS/ — ChanBond is currently owned by UnifiedOnline (UOIP) and it is in a legal fight with the 13 cable service providers in the country. The important point to understand is that ChanBond has patented a system of frequency distribution, which is unique and dissimilar to the way Cisco describes its RF frequency use.

This means that the company is able to present the fact that all cable service providers that are employing the DOCSIS 3.0+ technology are infringing its patents. ChanBond took it a step further when it filed against the largest cable multi-system operators (MSOs) in the country in the District Court of Delaware.

These companies use high speed transmission of data of fiber-coaxial hybrid networks using a technology which comes under the patents of ChanBond. Cisco has already attempted to deny their claims by filing to get the ChanBond patents invalidated.

However, the Patent Trial and Appeal Board (PTAB) rejected all six petitions from Cisco that asked for reviewing of ChanBond’s patents. PTAB officials indicated that Cisco failed to show that these patents are invalid since the patent company was able to show that they are unique from other patents. Here are the details of the patents under review.

Patent 8,341,679

This patent describes the use of an intelligent system which can distribute digital signals using a wideband signal distribution setup.

Patent 8,894,565

This patent describes the supplementary setup details such as the insertion device and the driving unit. It also includes the rotating tubular member.

ChanBond Wins at PTAB

ChanBond has successfully won a favor delivered by PTAB when it declared that Cisco and different cable companies (RPX) have failed to show that UOIP’s relevant patents should be considered as redundant and invalid. The board clearly expressed that the patents are clearly distinct and there are no grounds to discuss their invalidation.

If we look at the history of this situation, we find that as ChanBond filed against the 13 major cable companies, they had to stop the court proceedings. They decided to challenge the actual patents with the governing body of PTAB. However, their hopes are now severely dented since the board has clearly ruled in favor of ChanBond/UOIP. They now face an uphill battle in any legal setting since this decision is admissible evidence in all courts of the United States.

It is important to understand that ChanBond now holds a key element in all their court cases. The current order provides a proposition for the involved parties to reach a settlement. A look at the official documents also reveal that the court has specifically mentioned that the evidences presented in the court about the technical details of the protocols employed by cable companies fully failed to present that these patents were invalid.

In fact, PTAB found that not only are these patents active, the current methods employed in the industry may be in violation of these patents since they employ their specifically defined methods.

The best way to go about it now is for the cable companies to find a settlement within the appeal which is going on to PTAB, rather than allowing the focus to shift on the court cases in Delaware, which are started by ChanBond/UOIP.

Technical Details of the Case

There are several important details of the petition in PTAB which was filed for 31 claims on November 20, 2015. The patent owner responded using the preliminary response method on March 10, 2016. The court initially found out that the RPX Corporate may have at least a single challenged claim, and proceeded further. ChanBond then filed its Patent Owner’s Response which is a detailed response that describes the details of the patent and how it maintains its originality. RPX in turn, responded with a reply.

The oral hearing on this important dispute occurred on January 30, 2017 and the hearing was also entered into the record. The court adjourned that it held the required jurisdiction and found that the evidence presented by RPX was not sufficient to demonstrate that claims 1-31 were unpatentable according to the laws of 35 USC 102(b) and 103(a).

The DOCSIS 1.1.4 was the main pillar of the claim presented by the cable companies. The court discovered that the concept of a digital stream comprising of multiple coded RF signals was similar in its definition in terms of ChanBond as well as the opposing RPX.

The Court also observed in cases where multiple patents and conditions are under review, it is essential to follow the market practices in order to find relevance. Explicit analysis is essential in such cases, and this too, was the basis of resolving this particular dispute.

RPX suggested that the modern cable modems followed the code already described as the national standard at the time of the application of the ChanBond patents. However, ChanBond asserted that there is no record to show that any national standard was in place at the time of the patents that describe digital stream transmission.

The court summarized that RPX as claimants had to bear the burden of proof. They failed to show that any skilled artisan would have used the same technique as explained in the patents of ChanBond/UOIP. The technological perspective presented by RPX failed to establish that there was any industry practice to use the modem configuration and the set of devices described in the patents of ChanBond in a traditional manner. The court declared that if parties want to seek a judicial review, then they would have to serve the requirements of 37 CFR 90.2.

Effect on UOIP Stocks

Although it is difficult to predict the stock prices as they keep changing over time., we find that being involved in a serious lawsuit can often send the stock prices on a downward spiral. However, there are times when this does not happen, especially if the lawsuit is not well-known or comes from quarters not considered as industry specific. Nevertheless, prior experience shows that winning lawsuits more often than not, produces a positive effect on stock prices.

UnifiedOnline (UOIP) stocks are going to do well over the next few months. They have won this major case in PTAB, and they can now aggressively push the cable companies and Cisco to enter a mutual settlement worth millions of dollars.

The volume of sales of UOIP stocks has been clearly on the rise. Although we may observe some corrections over the next few weeks, it is imperative to note that the stock prices will remain on the high, as investors actively seek to make use of this winning opportunity. This is because the resolution of lawsuits in a positive manner decrease the fear factor among market investors and allow them to be more liberal with the company stocks.

They are more eager to hold on to such stocks, which ultimately provide support to the company. As this particular lawsuit and legal position suits the general position of ChanBond/UOIP, it is natural to find that the stocks will keep rising up. As the news emerges and becomes well known in investors, UOIP will continue to perform positively and reach a better financial position in the next fiscal year.

UOIP Stocks will also soar, since there is a chance now for an expensive settlement. This will provide ChanBond/UOIP with greater monetary resources. This means that they will further expand their operations and continue to excel in the near future.

###

Alliance News IS si rivolge agli investitori, consulenti, società che lavorano e investono in Italia

LONDRA, Feb-27-2017 — /EPR FINANCIAL NEWS/ — Alliance News Limited annuncia oggi, giovedì 27 febbraio il lancio dell’Alliance News Italian Service – “Alliance News IS” – un servizio specializzato nel fornire notizie in tempo reale su aziende e società italiane, finanza ed economia.

Alliance News IS amplia la vasta gamma di servizi già messi a disposizione da Alliance News che, sin dalla sua nascita nel 2013, l’hanno resa newsroom d’eccellenza per il mercato azionario di Londra.

Come l’altro prodotto gemello destinato al pubblico britannico, Alliance News IS è un servizio attivo 24 ore, è il primo prodotto in assoluto in Italia che garantisce una copertura delle notizie finanziarie 24 ore su 24 con notizie e flash durante la notte dai mercati statunitensi ed asiatici. Inoltre, la redazione di Alliance News IS apre alle 07:30 ora italiana, mezz’ora prima degli altri servizi dello stesso tipo.

Alliance News IS si rivolge agli investitori e ai consulenti professionali, come anche alle società che lavorano e investono in Italia. La mission di Alliance News IS è quella di fornire una copertura dettagliata e in tempo reale di tutte le aziende quotate a Piazza Affari. A questo si aggiunge la capacità di informare i propri lettori a 360 gradi, delineando il panorama politico ed economico italiano ed internazionale in cui le news sulle società e i trend di mercato vanno ad inserirsi, fornendo commenti politici e aggiornamenti sulle decisioni delle banche centrali.

Il servizio offerto da Alliance News IS si compone di tre prodotti in lingua italiana, focalizzati sull’Italia e pubblicati dal nostro team: Alliance News IS Professional, Alliance News IS International e Alliance News IS Top.

Come per il servizio destinato al Regno Unito, Alliance News IS è completata da due notiziari, perfettamente integrati, prodotti in lingua inglese dal nostro partner dpa-AFX, che opera dalla Germania. L’offerta di Alliance News IS comprende dunque anche dpa-AFX International ProFeed e dpa-AFX International Compact, che insieme ai suoi prodotti in italiano danno ai suoi partner distributivi la possibilità di offrire agli abbonati una gamma completa di servizi di informazione.

Alliance News IS è disponibile attraverso i suoi partner distributori, come aziende di market- data, news aggregator, piattaforme di informazione e siti web specializzati nel trading.

Alliance News IS viene prodotta dalla redazione di Alliance nella city di Londra, da un team di giornalisti italiani che lavora fianco a fianco con la squadra di reporter di lingua inglese per garantire una copertura in tempo reale delle notizie più rilevanti per i mercati di tutto il mondo. Questa prospettiva internazionale sul mercato italiano viene completata da approfondimenti scritti direttamente dall’Italia, in grado di fornire un’analisi con un angolo più locale e specifico.

Tom Waite, Direttore e CEO di Alliance News ha commentato:
“Alliance News IS rappresenta lo step successivo più logico per Alliance News. Dopo aver costruito la nostra reputazione e credibilità nel Regno Unito grazie alla rapidità, la coerenza e la qualità dei nostri servizi d’informazione, vogliamo adesso diffondere i nostri alti standard in nuovi mercati. Il mercato finanziario italiano ha caratteristiche molto simili a quelle del mercato UK, essendo caratterizzato da un buon numero di aziende forti, cresciute sul territorio, e nello stesso tempo da una concreta apertura agli scambi e agli investimenti con il resto del mondo. Inoltre anche in Italia c’è un mercato AIM di piccole aziende ad alta crescita di cui i giornalisti di Alliance News amano scrivere”.

SOURCE: EuropaWire

Mike Baur: Die Veränderungen im Schweizer Bankwesen veranlassen viele Fachleute der Branche dazu, den traditionellen Karriereweg zu verlassen

ZURICH, Feb-19-2017 — /EPR FINANCIAL NEWS/ — Mike Baur machte sich im Schweizer Bankensektor einen Namen, als er 2008 ein wichtiger Akteur bei der Privatbank Clariden Leu wurde. Er fand sich in seiner Position gut zurecht und beriet schon mit Anfang zwanzig die wohlhabendsten Einwohner der Schweiz in finanziellen Angelegenheiten.

Das Bürogebäude, in dem Baur arbeitete, war auch sehr beeindruckend. Solch ein ehrwürdiges Gebäude konnte sich natürlich nur in der sehr eleganten Bahnhofstrasse befinden. Baur bezeichnete das Gebäude als „ein Juwel“, aber die guten Zeiten, die er dort verbrachte, fanden ein Ende, als die Finanzkrise ausbrach, und die Geschäftslage wurde sehr unruhig.

In diesen schwierigen Jahren entschloss sich die Muttergesellschaft von Clariden Leu dazu, die Türen der 250 Jahre alten Einrichtung zu schließen. Daraufhin wurde Clariden Leu ein Teil ihrer Muttergesellschaft, der Credit Suisse Group AG. Das wunderschöne Bürogebäude, in dem Baur einst arbeitete, ist mittlerweile verkauft worden.

Baur hörte im Jahr 2014 bei Clariden Leu auf, um anderen Projekten nachzugehen. Bei diesen Projekten handelte es sich um Technologie-Startups. Während Clariden Leu also kurz vor dem Ende stand, hatte Baur sich bereits Größerem verschrieben.

Baurs Karriere im Bankensektor nahm zunächst einen sehr positiven Anfang. Im Alter von 16 Jahren begann er seine Karriere als Lehrling bei der UBS Group AG. In einem Treffen mit dem Personalmanager der Firma erhielt er ein Diagramm, auf dem aufgezeichnet war, wie seine gesamte Karriere bis zu seinem Ruhestand aussehen würde. Baur folgte diesem Plan und erhielt eine Beförderung nach der anderen, bis er Teil einer Gruppe wurde, die auf der Suche nach innovativen Methoden für die Anwerbung sehr wohlhabender Investoren war. Seine Strategien funktionierten und UBS begann, in einem rekordverdächtigen Tempo zu expandieren. Das hielt an, bis die Wirtschaft schließlich von der Finanzkrise getroffen wurde.

Nachdem die Regierung UBS im Jahr 2008 gerettet hatte, fing die Bank an, sich zu verkleinern. Auch die Credit Suisse musste ihre Expansionsbemühungen zurückfahren und sich darauf konzentrieren, die Bank im Geschäft zu halten. Zu diesem Zeitpunkt verließ Baur UBS, um bei Clariden Leu zu arbeiten.

Baur blieb nur sechs Jahre bei Clariden Leu. Er war soweit, seinen eigenen unternehmerischen Ideen nachzugehen und sein großes Talent in Startup-Unternehmen zu investieren. Diese Entscheidung bedeutete, dass er ein üppiges Gehalt hinter sich ließ, aber er erfuhr später, dass die Leute, die sich auf sein Accelerator Programm bewarben, auch ehemalige Bankkaufleute waren. Für Baur ist der Grund dafür sehr klar. Aufgrund der verstärkten Regulierungen, mit denen Banker im gegenwärtigen finanziellen Klima zu kämpfen haben, ist das Bankwesen mittlerweile eine weniger attraktive Karrierewahl als in der Vergangenheit.

Derzeit versinkt das Bankwesen in gesetzlichen Vorschriften und viele Rechtsskandale sind ans Licht gekommen. Dazu kommt, dass die Zinsen stark gesunken sind und Banken nicht mehr die enormen Gewinne einfahren, die sie in der Vergangenheit erwirtschaften konnten. Die Finanzbranche war in hohem Maße für die bequeme Position verantwortlich, die die Schweiz in der Welt innehat, aber die aktuelle Stimmungslage hat dazu geführt, dass sie sich in einem anderen Licht betrachten. Präsident Johann Schneider-Ammann hat vor Kurzem eingeräumt, dass es für die Schweiz an der Zeit sei, weniger risikoavers zu sein und mehr unternehmerischen Esprit zu entwickeln.

Derzeit hat es nicht den Anschein, dass das Bankwesen sich in diese Richtung bewegt, da die Branche 2015 weniger als fünf Prozent zum Bruttoinlandsprodukt der Schweiz beigetragen hat. Das Beschäftigungswachstum in der Branche sank auch unter das Niveau des Beschäftigungswachstums in der Bau- und Immobilienbranche.

Mike Baur erkannte die Gelegenheit und machte sich die Talente, die der Bankenbrache abhanden gehen, zunutze. Er entwickelte eine Methode, um diesen Leuten zu helfen, ihre Karrieremöglichkeiten abseits des Bankensektors zu realisieren.

Es scheint, dass Baur und seine Kunden viel gemeinsam haben. Er war Teil einer traditionellen Branche, aber er hatte nicht immer das Gefühl, dass seine Ideen sehr traditionell waren. Es fiel ihm nicht schwer, seinen Job bei UBS hinter sich zu lassen, weil er dort seine kreative unternehmerische Seite nicht fördern konnte.

Das Unternehmen, das er gegründet hat, nennt sich „Swiss Startup Factory“. Er hat sein Unternehmen eine „Fabrik“ genannt, weil er die Absicht hat, Menschen dabei zu helfen, aus ihren Ideen erfolgreiche Unternehmen aufzubauen. Er betrachtet seine Aufgabe als eine Art Hersteller, der neue Unternehmen für den Markt „herstellt“.

Der andere Grund, der „Herstellung“ zu einem guten Wort für Baurs Unternehmen macht, ist seine Überzeugung, dass die jungen Leute, die mit ihm arbeiten, hart arbeiten müssen. Er hat in seinen Jahren als Banker viele wohlhabende Menschen kennengelernt und er glaubt, dass sie dazu neigen, nicht hart genug zu arbeiten, um Erfolg zu haben.

In dieser Branche gibt es andere Gründerzentren, aber Baur besteht darauf, dass sein Unternehmen anders ist. Der Hauptunterschied liegt darin, dass er und die anderen Gründer der Swiss Startup Factory ihr eigenes Geld in das Unternehmen investiert haben, sie wollen also wirklich erfolgreich sein. Sein Unternehmen ist zudem unabhängig und das macht einen riesigen Unterschied, weil sie so nicht durch die Agenda einer bestimmten Person eingegrenzt werden. Jeder einzelne ist wichtig.

Baur hat verlauten lassen, was seiner Meinung nach die Stärken sowie die Schwächen seines Unternehmens sind. Die Stärke der Swiss Startup Factory ist die Tatsache, dass es ein hochinnovatives Unternehmen ist. Seine Schwäche ist, dass sie Schwierigkeiten bei der Umsetzung ihrer Strategien haben. Er glaubt auch, dass sie daran arbeiten müssen, den Investoren die Chancen und Möglichkeiten auf professionellere Art und Weise zu präsentieren, damit diese Investoren mit mehr Begeisterung mit seinem Unternehmen zusammenarbeiten.

Unter dem Strich kann man sagen, dass Mike Baur sein Unternehmen mit Leidenschaft führt und hart daran arbeitet, seine Ziele zu verwirklichen. Er glaubt, dass dies die zwei Faktoren sind, die in jeder Branche zum Erfolg führen. Es schadet natürlich nicht, dass er das liebt, was er tut.

Mike Baur glaubt, dass man Menschen beibringen kann, was ein Unternehmer ist, aber dass man ihnen nicht die Mentalität beibringen kann, die man als Unternehmer braucht. Laut Baur wird man entweder mit der unternehmerischen Mentalität geboren oder eben nicht.

In Zukunft möchte Baur, dass sein Unternehmen der Schweiz etwas zurückgibt. Er und seine Partner leisten schon ihren Beitrag, aber er sieht in diesem Bereich noch Verbesserungspotenzial und wird weiter daran arbeiten, einen positiven Einfluss auf das Ökosystem der Schweizer Geschäftswelt zu haben.

‘SOURCE: EuropaWire

MDM GROUP AG pulls up plans to go public

Meggen, Switzerland, 2017-Feb-14 — /EPR FINANCIAL NEWS/ — MDM GROUP AG’s IPO will now take place in the second quarter of 2017 and not at the end of the year. The company aims to generate fresh capital by going public, which will allow it to invest additional funds in merchandise trading.

Retail investors will also be able to easily benefit from the company’s business model.

High revenues are generated in the retail sector in Germany every year.

Gross profit margins are particularly interesting for investors.

They often average 30 percent.

MDM GROUP AG works in this market segment. Specifically, the group mostly trades in textiles, remainders, specialty items, and merchandise from insolvency proceedings.

MDM GROUP AG has already recorded high profits in this segment.

In the international retail segment, the company’s revenues have grown by around 400 percent in the last two years alone.

The company can already record profits when making purchases. The merchandise, such as textiles, remainders, specialty items, and goods from insolvency proceedings from many top manufacturers are bought in at very favorable conditions.

The high purchasing volumes mean that savings of up to 90 percent compared to the regular wholesale price are standard.

In addition to low purchase prices for goods, in 2017 the company is also planning to purchase two top textile brands which will extend its product offering even further and will also allow the group to directly impact prices.

Thanks to its unique distribution network, the company can resell the purchased goods in a short period.

In this regard, the group works together with a large number of online distribution partners and can thus always select the most efficient marketing channel for the products.

This allows the company to not only turn over the goods quickly, but also to realize the maximum income from their sale.

The MDM GROUP purchases and sells goods every month, thus turning over the invested amounts several times.
Profits can be realized with every transaction.

The company does not receive investments from bank loans, but via subordinated loans.

Private individuals can lend the company money and receive interest in return.

The interest is fixed and agreed in advance and currently totals nine percent according to the company’s information.

Interest of up to 20 percent is even possible for special programs.

About MDM GROUP AG
MDM GROUP is a Swiss company which invests in all types of products.

The company has specialized in trading with textiles, remaining stock and special items, as well as goods from insolvency proceedings.

The business principle is to acquire the goods at substantially reduced prices of up to 90 percent less than the regular wholesale price.

As a result, the company records high profit margins.

Private individuals can invest in this business via subordinated loans.

Remuneration with fixed interest rates is agreed in this regard.

In addition, in future the MDM Group will participate in the luxury car segment.
Extensive negotiations in this regard are already being held with one of the best known car dealers and the head of sales in Germany.

Details of this will be published soon.

Contact-Details: MDM Group AG
Frau Ozlem Utanc
Rütliweg 3
6045 Meggen
Schweiz
ozlem@mdmgroup.ch

Via EPR Network
More Financial press releases

Global Resource Coin

PRAGA, Czech Republic, 2017-Feb-14 — /EPR FINANCIAL NEWS/ — GRC is the first cryptocurrency aimed at casual users who want to get investment resources. Cryptocurrency was developed in 2013. After a registration procedure and a creation of a special licensed trading platform, it was launched at the beginning of 2017.

International producers and developers of minerals and natural resources showed their interest. So the GRC company introduced proprietary cryptocurrency code valid until 2018. It’s aimed to secure the mining process and users’ activity from possible hacker attacks. In 2018 cryptocurrency trade will be deployed on the world’s largest stock- and commodity exchanges, such as NASDAQ.

The head of the group of GRC’s cryptocurrency creators is Tomas Beran, Czech developer from a famous family of Beran’s billionaires. At the end of 2016 world media wrote about the start of operations on the trading platform using GRC’s cryptocurrency.

Global corporations and governments do not allow ordinary people engage in natural resources investment. They need to have a considerable amount of money, a financial education and a special license. Since GRC’s trading marketplace has a specialized license, anyone can invest savings in a particular natural resource. Cryptocurrency acts as an intermediary between users from all over the world.

GRC is the first cryptocurrency based on natural resources. Our platform helps to cut investment risks, offering the most relevant sources of income. GRC’s platform specialists analyze the offers on the natural resources markets. They select only the most relevant ones for our users. This way, each one can take advantage of the offers that appear daily on our platform.

From the year 2018 GRC expects its cryptocurrency rate to grow due to its social usefulness and relevance. You can use our cryptocurrency not only as a natural resources investment tool, but as a base for a perspective financial future.

Start changing your life right now and register on the GRC platform.

Media Contact
Global Resource Coin
https://grcoin.eu/

Via EPR Network
More Financial press releases

Property Investors Should Consider All Borrowing Options to Finance Purchases

Leicestershire, United Kingdom, 2017-Jan-16 — /EPR FINANCIAL NEWS/ — The experienced team behind one of the UK’s leading property financing firms is advising property investors from all occupations to consider the full range of available options before deciding to commit to any one product. With so many borrowing products to choose from, finding the most appropriate financing deal to fund a property purchase is often one of the most essential yet complicated aspects involved – particularly when there are so many different lenders and borrowing options out there.

From affordable bridging loan products and property development loans through to secured finance and second charge products, UK Property Finance can provide exclusive access to some of the most competitive financing options on the market, many of which are quite simply unavailable when scouring the numerous high street lenders such as banks and building societies.

Securing Finance Against Commercial Property
“At UK Property Finance, we like to think of ourselves as an intelligent alternative to the more traditional streams of funding. Unlike banks or building societies, we have access to an exclusive panel of wealthy individuals and specialist lenders who will consider any type of property investment based on its own merits. As a fully FCA Authorised and Regulated, “whole of market” broker, we can source competitive funds from any main lender and our borrowing rates are quite simply the best available.” – UK Property Finance

Most borrowing options secured against commercial property types are only available up to 75% of the property’s worth. However, UK Property Finance are able to work in tandem with both lender and borrower in order to create a uniquely structured and targeted borrowing package that is delivered in increments as the various conditions and stages of completion are met.

Where commercial property loans are concerned, there are typically two main repayment methods available – interest only or the more standard practice of monthly repayments. With the interest only option, the borrower must pay the original balance at the end of the term, minus the interest itself, which has already been paid in regular instalments.

In addition to commercial property loans, UK Property Finance can also provide highly competitive bridging products. These versatile, short-term borrowing products are the perfect solution whenever a larger cash sum is required quickly in order to bridge a shortfall in funds that is temporary in nature. With bridging finance, the repayment period is usually fixed at 12 months with an exceptionally low level of interest and the final payment being the only payment required, covering all borrowing costs at once.

Faster Borrowing for Urgent Situations
“One of the main advantages of commercial bridging loans is the tremendous speed at which they can be arranged. As the name suggests, Commercial Bridging Loans are usually secured against commercial real estate or land, in much the same way as a residential bridging product would be secured against a home. The monies raised can normally be used for any reason the borrower sees fit, such as financing the purchase of a new property that needs to be redeveloped, or even the payment of overdue tax bills. As commercial bridging finance is not regulated by the FCA, the reasons for borrowing can be much more varied that with most other types of finance.” – UK Property Finance

As a leading independent brokerage, UK Property Finance can simplify the process of borrowing funds for commercial reasons so that secured funds can be acquired quickly and effortlessly – even when the situation is decidedly urgent. Their rates and fees are extremely competitive and their products are always delivered in an intelligent and cost effective manner. For more information regarding the borrowing options available, either visit the website at www.ukpropertyfinance.co.uk or send an email to info@ukpropertyfinance.co.uk outlining your needs.

Contact-Details: UK Property Finance. 2 Nursery Court, Unit 2C, Kibworth Business Park, Harborough Road, Kibworth Harcourt, Leicestershire, LE80EX, U.K.
Tel: 01164645544
Web: https://www.ukpropertyfinance.co.uk
Email: info@ukpropertyfinance.co.uk

Via EPR Network
More Financial press releases

 

Vivier Chief Executive, Luigi Wewege Announces New Book: The Digital Banking Revolution

AUCKLAND, NEW ZEALAND and COLUMBIA, SOUTH CAROLINA and MADRID, SPAIN, 2016-Dec-21 — /EPR Network/ — Luigi Wewege’s latest book, The Digital Banking Revolution, shares his inside perspective on how financial technology companies are rapidly transforming the traditional retail banking industry through disruptive innovation.

In The Digital Banking Revolution, Wewege provides a look at how over the past decade financial service innovations have contributed to a completely new way in which customers are able to bank, threatening the status quo of traditional retail banks, and redefining a banking model which has been in place for generations.

Luigi’s book presents the ways these new technological advancements have facilitated the rapid emergence of digital banking firms and FinTech companies, leading to established banks being forced to swiftly increase their pace of digital adoption to stay relevant, and stop mass client attrition to these agile financial start-ups.

“These threats come at an inopportune time for banks due to mature markets currently experiencing stagnant growth. This coupled with decreasing profit margins due to the competitive pricing of new entrants, and financial customer loyalty becoming ever increasingly more tenuous,” said Wewege.

Supported by numerous illustrations, the book spans a diverse range of topics from big data analytics and mobile payments to the evolving behaviors of financial consumers. The Digital Banking Revolution concludes with Luigi providing his predictions in the book’s final chapter, which is titled The Future of Banking. In this chapter, he outlines how he believes financial services are likely to evolve, and be conducted going forward.

The book is currently available for purchase online at Amazon.com in Kindle and paperback versions, as well as being offered via a number of other major online booksellers. To learn more about the author – Luigi Wewege and his new book, The Digital Banking Revolution, please visit: www.digitalbankingrevolution.com.

ABOUT LUIGI WEWEGE
Luigi is the President and CEO of Vivier Group, a multinational financial group of companies, providing its services worldwide through representation in jurisdictions across Africa, Asia, Oceania, Europe and South America. Outside of Vivier he serves as the Non-executive Chairman of Nikau Global an international trade and development firm, as Partner/Director of Palmetto Global Ventures a bespoke financial management consultancy firm, and is an invited member of Boston, Massachusetts based non-profit the Young Entrepreneur Council. For more information, about Luigi please visit: http://www.luigiwewege.com or alternatively reach him via Twitter @luigiwewege.

 

Media contact:
Brandon Hopkins
Email: info@digitalbankingrevolution.com
Phone: 803-404-4851
Web: www.digitalbankingrevolution.com

Via EPR Network
More Financial press releases

ABO Capital CEO Zandre Campos named one of the Top 25 Business Influencers by African Leadership Magazine

zandre-campos-recipient-of-distinguished-business-excellence-award_europawire

PORTUGAL, 28-Sep-2016 — /EPR FINANCIAL NEWS/ — ABO Capital, a leading international investment firm headquartered in Angola, announced today that its CEO Zandre Campos was named one of the Top 25 Business Influencers and recipient of the Distinguished Business Excellence Award by African Leadership Magazine.

The honor which is in recognition of Mr. Campo’s outstanding posturing as one of Africa’s top business influencers was celebrated at last night’s 7th annual Business Leadership Awards Gala held during the International Forum of African Leadership at St. Regis Hotel, New York, USA.

“It is a great honor to be recognized by an organization who shares a similar mission of promoting innovation, entrepreneurship and development throughout Africa,” said Zandre Campos. “We are committed to bringing excellence to Africa through diversification and economic development.”

The African Leadership magazine focuses on bringing the best of Africa to a global audience, telling the African story from an African perspective; while evolving solutions to peculiar challenges being faced by the continent today. In addition to being honored at the awards gala, Mr. Campos and the work he is doing in Africa will be featured in a special October 2016 edition of the African Leadership Magazine.

About ABO Capital
ABO Capital, formerly Angola Capital Investments, is an international investment firm that invests in companies in the healthcare, technology, energy, transportation, hospitality and real estate sectors throughout Africa. The mission of ABO Capital is to create global value for developing countries in Africa, while contributing to their economic development.

About Zandre Campos
Zandre de Campos Finda is one of the great, innovative business leaders and global entrepreneurs emerging out of Africa. Currently, he is chairman and CEO of ABO Capital, an international investment firm headquartered in Angola with holdings throughout Africa and Europe. Prior to founding ABO Capital, Mr. Campos was CEO of Nazaki Oil & Gaz S.A. He has held the positions of CEO of the mobile phone company Movicel Telecommunications and an executive in the office of the president of SONAIR, S.A., a subsidiary of Sonangol, Angola’s state-owned oil company that oversees oil and gas production. He began his career as a legal advisor with Sonangol Holdings.

SOURCE: EuropaWire

Un leader innovativo nel trading forex online Orbex annunciato una partnership strategia con l’Università LUM Jean Monnet

CYPRUS, 24-Aug-2016 — /EPR FINANCIAL NEWS/ — Orbex, un leader innovativo nel trading forex online, ha annunciato quest’oggi una partnership strategia con l’Università LUM Jean Monnet, un’università privata italiana, conosciuta in tutto il mondo e altamente stimata come centro di formazione economica. La partnership unirà l’esperienza di Orbex nelle soluzioni di trading e nell’analisi di mercato con l’approccio scientifico avanzato della LUM nello sviluppo economico.

Questa partnership risponde alla domanda nel settore di professionisti di alto calibro in materia di trading e soluzioni di investimento multi-target di prossima generazione, qualità che possono essere sviluppate solo tramite progetti di ricerca collaborativa.

L’iniziativa di Orbex è una risposta olistica alle sfide che il settore pone. Orbex espanderà il programma formativo del Master in Analisi finanziaria e di borsa e contribuirà con la sua conoscenza pratica dei mercati internazionali. Gli specialisti di Orbex hanno preparato un programma speciale per gli studenti del Master, che prevede anche seminari teorici e pratici e webinar. Inoltre, gli studenti avranno libero accesso a tutto il materiale formativo della società, trasformando così il centro formativo Orbex in un polo di innovazione e scambio di idee.

La comunità di trading, a sua volta, avrà l’opportunità unica di attingere direttamente dalle conoscenze degli studi scientifici più recenti e di imparare dai più autorevoli docenti di economia.

Kira Vessiari, Content Manager di Orbex, è convinta che “Orbex sta compiendo un passo significativo nel realizzare la propria visione di diventare la destinazione online preferita per una formazione nel trading di qualità. Questa partnership con l’Università LUM ha il potenziale di dare vita a nuovi approcci verso il trading e siamo entusiasti delle nuove opportunità che questa collaborazione offrirà a Orbex per avanzare progressivamente.”

Edoardo Ciampelletti, Desk italiano di Orbex, ha dichiarato: “Abbiamo osato unire quella che è sempre stata vista come una sfera strettamente accademica con una sfera giudicata puramente pratica e tecnologica. Credo proprio che grazie a questa collaborazione possiamo dare vita a una vera e propria rivoluzione nella formazione del trading.”

Professor Adriano Carenza, Università LUM: “Il Master mira a formare professionisti che possono offrire supporto a istituti finanziari, in prevalenza banche, SGR, SIM e SICAV, nel processare e monitorare piani operativi finanziari e strategici, così come sistemi di organizzazione e riconoscimento dei rischi degli strumenti finanziari. Orbex ha voluto riconoscere la qualità e la visione di questo progetto formativo firmando una partnership con la Scuola di Management della LUM, che attraverso lezioni, webinar, seminari ed esercizi, si pone come obiettivo uno sviluppo sostenibile del mercato globale dei servizi di trading online e di creare un nuovo tipo di operatore finanziario. Completando il corso, i nuovi professionisti avranno acquisito capacità versatili nel settore della finanza pura.”

###

SOURCE:  EuropaWire

Ukrainian Energy Exchange: volume of supply spot trading of oil products reached $US 88.6 million in 1H2016

KYIV, 18-Jul-2016 — /EPR FINANCIAL NEWS/ — For the 6 months of holding spot electronic trading on the electronic trading platform of the Ukrainian Energy Exchange Public company PJSC “Ukrgasvydobuvannya” has managed to significantly increase the level of competition on its resource by bringing a larger number of participants. The Exchange has a well-established system of using security deposit and the online queue. All this had a positive impact on results of trading of company’s products – The State Company sold oil products and liquefied gas with total amount of 88.6 million USD. This was reported by CEO of Ukrainian Energy Exchange Oleksandr Kovalenko, summing up the result of trading on the UUEX on Thursday, June 30, 2016.

According to experts of the fuel and energy market, additional yield of PJSC “Ukrgasvydobuvannya” has made more than 6,8 million USD.

“We plan to introduce futures on some petroleum products next year. This will make the market more active and attract more investors. The same vector we chose for other markets: coal and natural gas. The development of the exchange market is a reflection of the economy development of each country,” – said CEO CEO of Ukrainian Energy Exchange Oleksandr Kovalenko.

“We are pleased with the use of Commodity Exchange Ukrainian Energy Exchange. This mechanism of trading has enabled us to generate additional profit that will be used for investment in production and will improve the overall energy independence of our country”, – said Commercial Director of UGV Serhii Fedorenko.

“Of course, the appearance of the price indicator(https://www.ueex.com.ua/eng/exchange_quotations/) of petroleum products on the domestic market has a positive impact on the market. First, this indicative is for the end user, who now has guidelines for fuel purchases. Second, the publication of prices makes the work of the manufacturer transparent. If we are talking about “Ukrgasvydobuvannya” state-owned business transparency should be one of the main tasks”, – said the analyst consulting company UPECO Oleksandr Sirenko. According to expert, similar trading for imported fuels, which share reaches 80% should be brought for a more dynamic competition in the Ukrainian market of petroleum products.

All contracts were executed in full and on time. None of the bidders have lost a security deposit. Experts of the exchange conducted huge number of training seminars and tutorials. Ukrainian Energy Exchange has designed and implemented functionality for distributing of exchange quotations, which is completely free and available without any restrictions.

SOURCE: EuropaWire

Leading global forex broker Orbex with ‘Best Customer Support’ award from Forex Report

LIMASSOL, Cyprus, 06-Jul-2016 — /EPR FINANCIAL NEWS/ — Orbex, a leading global forex broker, is celebrating its 4th international award this year. Orbex has been recognized as the ‘Best Customer Support’ provider by one of the most authoritative industry’s websites – Forex Report, which has selected the winners in each category according to the strict criteria and traders’ feedback.

This prestigious award demonstrates the strength of Orbex customer-centric approach, as well as its leadership in responsible trading services. The focus on customer experience is a major guideline, aligning all the company’s activities and concentrating on protecting the best interests of the traders.

Orbex continuously improves the quality of the customer care and invests in new technological solutions, meant to reduce the waiting time and expand the growing set of support capabilities. Following the high ethical standards allows building long-term and sustainable relations with the traders.

“For us, the key element in supporting our clients is “Response Time,” as we understand how valuable time is for our traders. No matter which communication channel clients use, live chat, emails, call backs, social media, they get a response instantly. We align our interests with those of our clients by taking their needs to a personal level, and implement them,” commented Zaid Alkhatib, Head of Back Office & Support Department.

SOURCE: EuropaWire

FX-Report-Award_EuropaWire

Exchange auction for the sale of liquefied gas production of PJSC “Ukrgasvydobuvannya” held on Ukrainian Energy Exchange

KYIV, 30-Jun-2016 — /EPR FINANCIAL NEWS/ — On Thursday, 23rd June 2016 on the trading floor of CE “Ukrainian Energy Exchange” an exchange auction was held for the sale of liquefied gas for the domestic market, production of PJSC “Ukrgasvydobuvannya”. In the end of the auction were sold 5 630 tons for a total amount of 59,324 million UAH on the basis of delivery “Poltavagasvydobuvannya”, gas processing plants Bazylivschyna, Iablunivka and “Shebelynkagasvydobuvannya” with the type of shipment – motor transport and railway.

Specialists of the exchange note price growth (https://www.ueex.com.ua/eng/exchange_quotations/) on all the exposed positions in the corridor from 14.59% to 26,02% in comparison with the previous auction. The largest increase in prices observed for PBA(propane-butane) with shipping by railway. Additional income of PJSC “Ukrgasvydobuvannya” is more than 11 million UAH.

“Live interest is explained by the increase in demand of small customers, who are fighting for the resource. This is an indication of high competition in the marketplace. For us it is a real indicator and a visual demonstration of what a transparent competitive bidding in Ukraine can form a fair price for resources that allows the state to earn decent money,” – said after the auction, CEO of Ukrainian Energy Exchange Oleksandr Kovalenko.

Reference: Trading in energy resources of PJSC “UKRGASVYDOBUVANNYA” on the trading floor of the Ukrainian Energy Exchange takes place on a regular basis. The auction is attended by some of the largest traders of the domestic market.

 

SOURCE: EuropaWire

Leading Bridging Loans Broker Talks Life-Saving Small Business Finance

Leicestershire, UK, 2016-Jun-24 — /EPR FINANCIAL NEWS/ — Bridgingloans.co.uk Highlights the Value of Alternative Financial Products for Smaller Businesses

bridging loans

A growing number of leading industry experts are openly backing the use of bridging loans by smaller businesses, for which convenience access to essential finances often means the difference between business life and death. Cash-flow represents a challenge for most small businesses – conventional banks and lenders often being unwilling or unable to help.

According to the team at Bridgingloans.co.uk, a high-quality bridging loan can be nothing short of life-saving for the smaller business or start-up. While high street lenders continue to walk away from what they consider ‘higher-risk’ lending activity, the bridging loan community can offer a faster, fairer and far more intelligent small business financing service.

Immediate Access

“The main advantage of bridging for all businesses is the speed on offer. While traditional mortgages, property development finance and bank loans can take months to arrange, a bridging loan can be completed in days. When used appropriately, the ability to raise finance this quickly can be a major benefit, enabling a business to make the most of any impromptu opportunity. By allowing businesses to act at the right time, bridging loans can become a vital tool in ensuring their growth.”

Over the past five years, the average costs associated with starting a new business in the United Kingdom have increased exponentially. Commercial rents alone have spiked up to 300% in many key areas, while utility bills and operational expenses in general continue to rise. Unsurprisingly, small businesses and start-ups in growing numbers are finding themselves facing unexpected and often-incapacitating shortfalls.

Where shortfalls are temporary, a bridging loan can be remarkably effective. By providing the business with near-instant cash for any agreed purpose whatsoever, short-term financial obstacles can be overcome quickly, responsibly and proactively.

Intelligent Finance, Instant Quotations

“Funds raised from bridging finance can be used for pretty much any legal reason, provided it is agreed with the lender from the outset. A specialist bridging loan company such as bridgingloans.co.uk, have, due to the volume we process, special relationships with all of the key lenders and know the requirements needed to ensure a quick and smooth transaction. We also use our own funds for certain lending, which helps us to move even quicker if required. Processing time is however normally just a few working days.” – Bridgingloans.co.uk

According to the team at Bridgingloans.co.uk, intelligent financial solutions are already playing a pivotal role in supporting the UK’s small business community. From securing premises in the first place to essential refurbishment and all initial setup costs, a bridging loan can provide short-term help with providing the potentially substantial financing that new businesses need to get off the ground.

Banks and conventional lenders may be unwilling to support small business growth and expansion which the bridging loan industry believes is of the up most importance to the British economy.

About Bridgingloans.co.uk
Bridgingloans.co.uk is a leading UK finance broker & principle bridging loan funder with a unique commitment to transparency and customer service excellence. Bridging loans are offered on the back of comprehensive and digestible information to ensure rational and beneficial decision making across both domestic and professional circles alike. The team takes great pride in pioneering innovative new services to meet the short-term financial needs of UK borrowers from all walks of life.

Contact-Details: BridgingLoans.co.uk, 2 Nursery Court, Unit 2C, Kibworth Business Park, Harborough Road, Kibworth Harcourt, Leicestershire, LE80EX, UK. Tel: info@bridgingloans.co.uk. Web https://www.bridgingloans.co.uk

Via EPR Network
More Financial press releases

Spot trading of petroleum products produced by PJSC “UkrGasVydobuvannya” on the electronic trading platform of CE “Ukrainian Energy Exchange”

KYIV, Ukraine, 2016-Jun-20 — /EPR FINANCIAL NEWS/ — On Tuesday, June 14, 2016 on the electronic trading platform of CE “Ukrainian Energy Exchange” were held spot trading of petroleum products produced by PJSC “UkrGasVydobuvannya” on the domestic market № UGV-22. 8 485 tons of oil products were put up for trading. In the end of the trading session 5 390 tons for a total amount of 4,134 million USD have been sold on the basis of delivery Shebelynka, Iablunivka and branch “Lvivgasvydobuvannya” with the type of shipment – vehicle and railway.

On the results of the exchange trading were sold more than 63.5% of the exposed volume of oil products, which is an average result. Exchange specialists have noted that there was low level of demand on the majority of lots that immediately reflected in the price of energy. Prices decreased at average of 1.25% relative to the starting prices.

“Ukrainian energy and oil products market is deeply integrated into international markets. There’s nothing surprising in the fact that the pricing on the world markets affect our rates, but a more important question is: where is the center of pricing for Ukrainian oil, gas and fuel products, Rotterdam, New York? I’d like to see the prices on Ukrainian minerals and energy to be formed where this resource is produced or consumed,” said CEO of the Ukrainian Energy Exchange Oleksandr Kovalenko.

Reference: Trading in energy resources of PJSC “UKRGASVYDOBUVANNYA” on the trading floor of the Ukrainian Energy Exchange are held every Tuesday on a regular basis. Trading is attended by some of the largest traders of the domestic market. According to messages of UGV, the company in March 2016 switched to production of gasoline type Euro-4. Diesel fuel of Euro-4 standard the company will be able to produce from September 2016.

More on Ukrainian oil product’s Exchange Quotations

SOURCE: EuropaWire

DIRECT CONNECT CONTINUES TO ACQUIRE SALES OFFICES WITH PURCHASE OF FLORIDA ISO

CHANTILLY, VA, March 15, 2016 — /EPR NETWORK/ — Direct Connect today announced that it has acquired another payment processing sales portfolio, Merchant Processing Solutions (MPS) in Fort Lauderdale, FLA.

direct connect logo

This transaction is part of Direct Connect’s commitment to growth through acquisition and is the company’s sixth acquisition since being recapitalized by The Beekman Group in 2015.

MPS provides merchant services to more than 500 restaurants and retail businesses across the United States, with more than $100 million in annual processing volume.

Owned jointly by Yamilet Strauss, Claudia Mosley and Diana Lizarazo, the independent sales organization (ISO) is a perfect fit for the Direct Connect business model: it is an active retail ISO acquiring merchants on the First Data platform, but it needed the financial and technological infrastructure and support to compete in today’s rapidly-changing payments infrastructure.

“MPS has grown successfully because of their people, and their top-down commitment to providing service and support to customers,” said Matt Clyne, Direct Connect’s CEO. “Direct Connect adds financial strength and stability, state-of-the-art technology and highly experienced human resources to the mix, making for an unbeatable combination and assured growth for MPS.”

Clyne said Direct Connect purchased five companies in 2015 and has already laid the groundwork for three more acquisitions in the first half of 2016. Direct Connect continues to actively seek out sales offices with low attrition and a commitment to the highest levels of service and support.

ISOs interested in investment capital or acquisitions opportunities are invited to visitwww.directconnectps.com or contact the company at 800.747.6273.

“We intend to be a very active buyer in the marketplace,” Clyne said.

About Direct Connect
Based in the Dulles Corridor of Northern Virginia, Direct Connect provides innovative technology and payment processing services to businesses across the United States and Canada, including retail, restaurant, government contractors and service industries. Through a robust partner program, Direct Connect works with financial institutions, non-profit organizations, associations and software developers to incorporate payment solutions and enhance customer service. With a 20+-year history and more than 25,000 merchants in its portfolio, Direct Connect was recapitalized in 2015 by The Beekman Group, a New York City-based private equity firm positioning us well to meet the ever-changing demands of the industry.

Contact-Details:
Nancy Drexler, Acquired Marketing
ndrexler@acquiredmarketing.com
917-743-5258

Via EPR Network
More Financial press releases

THE IPO PROJECT – YOU’RE NEXT: THE NEW ROAD TO ENTREPRENEURSHIP

ATLANTA, Georgia, May 04, 2015 — /EPR FINANCIAL NEWS/ –360 Player Experience, LLC present The IPO Project – You’re Next competition. The competition affords budding or new entrepreneurs the opportunity to ignite their dream. The idea behind the national competition is to provide all of the support necessary to avoid the statistics published by the Small Business Administration stating that 50% of all new businesses fail within 2-5 years. The IPO Project – You’re Next competition provides 10 winners with financing for their new business venture and infrastructure support for the business in the areas of accounting, human resources, marketing, and information technology.

The IPO Project – You’re Next competition seeks to find the most innovative product or service business concepts to evaluate. The entrepreneur seeking to win the competition need only apply online at www.theipoproject.com and pay the application fee. The evaluation team will review all applications, select, and electronically notify the 100 semi-finalist on July 15, 2015. The week of August 17-21, 2015 the 100 semi-finalist will travel to Atlanta, GA and present the future of their idea to a panel of 25 industry professionals. Collectively the panel will select 10 winners to receive the investments and infrastructure support in their idea. The IPO Project- You’re Next competition winners will be announced and notified by September 15, 2015.

As Pandora Radio representatives stated,”The IPO Project is American Idol meets Shark Tank.”

The IPO Project – You’re Next competition along with sponsors that include Energy 1 Federal Credit Union, Regus Group Companies, HillChase, LLC, Club-e, IASC, Inc. and the Invest Atlanta team is poised to help entrepreneurs from 18 to 80.

In John Hope Bryant’s book, “How the Poor Can Save Capitalism” he posed the question; ” …Imagine if we could turn people with few opportunities…into tomorrow visionaries and entrepreneurs.” The IPO Project – You’re Next competition answers this call to action and takes it a step further by providing the necessary support to bolster entrepreneurial success.

CONTACT:
Marjorie Waye, President
360 Player Experience, LLC
201 17th St Ste300, Atlanta, GA 30363
T: 844-968-7360
F: 404-963-0900
info@theipoproject.com
www.theipoproject.com

Via EPR Network
More Financial press releases

VIVIER MORTGAGES LIMITED “VML” AND LUIGI WEWEGE MEDIA STATEMENT

DUBLIN, IRELAND, February 24, 2015 — /EPR FINANCIAL NEWS/ — Over the past few months VML was contacted by Mr Conor Ryan and other reporters working on a programme for RTE, the Irish broadcaster.

It soon became clear that a number of untrue and defamatory allegations – about VML and persons formerly or currently connected with it – would be made in the programme and had already been made to third parties. After VML clearly outlined the correct position to RTE, its lawyers confirmed that the programme and/or its reporting would be “fair and balanced”, “fair, impartial and objective”, “fair to all interests concerned”, “fair and accurate”, “broadcast in good faith” and contain “nothing misleading, unsavoury or malicious” nor any “distortions or untruths”. VML was further assured by RTE’s lawyers that it “adheres to high standards of journalistic ethics” and follows “proper journalistic standards”.

Unfortunately, this did not happen: despite withdrawing many of the untrue and defamatory allegations, when broadcasting its programme on 5th February, RTE retained a number of others.

Accordingly, on 13th February 2015, following the advice of Senior and Junior Counsel, VML issued proceedings against RTE and Mr Ryan. The proceedings are for defamation, procuring a breach of confidence, malicious falsehood and other wrongs, for which aggravated and exemplary damages are sought. It is expected that other parties will issue similar proceedings in the English High Court.

The true position, as previously stated to but ignored by RTE, is as follows:
• In 2004, VML effectively came under the control of the British Government.
• In 2011, VML was sold by the British Government to an English private company.
• In 2014, VML was sold by that English company to its present owner.
• The beneficial owners of VML’s shares and debt are those appearing on the public register.
• VML’s current owner and directors are entirely distinct from the previous owners and directors.

Vivier Mortgages
Vivier Mortgages is a Dublin, Ireland based home loan company that has specialised in secured property lending, principally for domestic mortgages and building projects, for nearly twenty years. The company, having recently become part of Vivier Group, is currently looking for new opportunities in Ireland, in the areas of property acquisition, redevelopment and regeneration.

Vivier Group
Vivier Group is the global umbrella organisation of the Auckland based Vivier & Co and Vivier Investments, the London based Vivier Developments & Vivier Home Loans, and the Dublin based Vivier Mortgages.

Luigi Wewege
Luigi Wewege is the founder of Vivier Group and the Managing Director of Vivier Mortgages (a Dublin, Ireland based home loan company), as well as CEO of its Auckland based financial services arm, Vivier & Co, a boutique Financial Service Provider in New Zealand, offering no-cost, above average returns for investors.

Media Contact

Company Name: Vivier Mortgages
Contact Person: Media Relations Manager
Email: press@viviergroup.com
Phone: +353 1 697 1353
Country: Ireland
Website: http://www.viviermortgages.com

Via EPR Network
More Financial press releases

Byrd Imperial Group LLC. Announces 600,000 common equity shares available at no monetary costs

San Antonio, Texas, January 13, 2015 — /EPR FINANCIAL NEWS/ — Byrd Imperial Group is seeking 1 to 4 Executive Advisors to join our team by helping to raise funds to build and operate a new franchise headquarters in Texas. In exchange for successfully seeking out and securing a 10% Preferred Equity Investor who subscribes to a minimum investment of $3.5M, Byrd Imperial Group will issue 150,000 shares of common stock at no cost. An Executive Advisor could earn up to 4 times that amount or 600,000 shares by securing a single qualified Investor.

In addition to this offer, Byrd Imperial Group is offering 4,000,000 Preferred Equity Shares at a price of $3.50 per share with a minimum purchase of 1,000,000 shares.

Byrd Imperial Group LLC. (www.byrdimperialgroup.com) is a franchise development and management company with a total of 9 new business models. Our business plan combines 6 new franchise opportunities along with our internal finance company all-operating at 1 flagship location. From the company headquarters in Texas, we will be able to efficiently manage, grow, and operate each new business opportunity. After smoothing out the operating procedures, the home office location will serve as a springboard to advance each new business as single point locations through nationwide franchising.

Contact-Details: Byrd Imperial Group LLC.
Preston Byrd
210-906-3949
prestonbyrd@byrdimperialgroup.com
www.byrdimperialgroup.com

 

Via EPR Network
More Financial press releases