Ideas and Forecasts on COMMONWEALTH BANK OF AUSTRALIA ...
Wayland Group DD
I want to use this thread to present the key findings of going through recent Wayland news releases. Everything shown here is public accessible. I have no intention to accuse someone of fraud or something like this, just asking questions .... Feb 20 2019: Wayland Group Provides Corporate Update I do not want to speak about the well below average generated revenues nor the revenue forecasts. Just as a side note: Ben had a forecast of ~ $15,000,000 for Q4 2018 (October – December 2018). The corporate update states $1,305,033 for Q4 2018 (< 10 percentage of the forecast). In addition, you cannot whitewash the 480% increase to the previous quarter.
“Wayland has also entered into an agreement to obtain additional funds to support the expansion of the Company’s global footprint and fund development of its flagship Langton facility. This agreement is with certain investment funds managed by Alpha Blue Ocean Inc. (“Alpha Blue”) a money manager based in London, United Kingdom with a strong track record of partnering with public companies and delivering meaningful value to their shareholders.”
Founder and CEO of Alpha Blue Ocean Inc. is Pierre Vannineuse (https://www.linkedin.com/in/piervan/) Ok let’s have a look at their strong track record: JUN 21 2018
QuickCool AB (Publ) ("QuickCool" or the "Company") has entered into a financing agreement with European High Growth Opportunities Securitization Fund through its financial advisor Alpha Blue Ocean Inc.
MAR 28 2018: CybAero and European High Growth Opportunities Securitization Fund (“EHGO”), advised by Alpha Blue Ocean Advisors Ltd, member of the Alpha Blue Ocean Investment Group (“ABO”), has now signed an agreement regarding a financing solution of up to SEK 52.5 million in the form of thirteen convertible loans, the first loan of SEK 4.5 million and the following twelve loans each of SEK 4 million.
“CybAero had provisionally negotiated a financing solution with the Luxembourg-based European High Growth Opportunities Securitization Fund, or EHGO, to raise $6 million in the form of 13 convertible loans. The EHGO had hired the London-based Alpha Blue Ocean Advisors to mediate a deal. The first tranche in this solution involved a bridge loan amounting to $227,000. Nasdaq First North rejected this first tranche arrangement and insisted that, in order for trading in its share to resume, CybAero needed to place a minimum of $114,000 in escrow on a authorized bank account. Moreover, Nasdaq First North launched an investigation to determine if the negotiated financing solution violated stock exchange rules.”
19 March 2018: Cereno Scientific enters into a financing agreement with European High Growth Opportunities Securitization Fund through its advisor Alpha Blue Ocean
10 Jan 2018: FIT Biotech's EUR 10 million financing agreements' share loan and first part of commitment fee related shares have been handed over today to Alpha Blue Ocean
Liquidity crisis, request for a tranche and changes to financial calendar and date of the Annual General Meeting Despite the financing agreement in force, Alpha Blue Ocean (”ABO”) has not paid tranches envisaged by the agreement since 12 November 2018. This has resulted in a liquidity crisis in FIT Biotech Oy (”Company”). The Company has today filed a latest request for a tranche with ABO. Unless ABO pays this tranche by 22 February 2019, Company will have to file for bankruptcy.
I could go on like this, but I think you got it. So this means “strong track record and delivering meaningful value to their shareholders.” for Ben? Next news release: Feb. 07, 2019: Wayland Group Receives EU-GMP Certification for German Facility
“Wayland Group is pleased to announce that it has received both Good Manufacturing Practices and Good Distribution Practices certifications from the national authority in the State of Saxony for the Company’s Ebersbach facility in Germany.”
See: https://globenewswire.com/news-release/2019/02/07/1711837/0/en/Wayland-Group-Receives-EU-GMP-Certification-for-German-Facility.html Welcome to EudraGMDP EudraGMDP is the name for the Union database referred to in article 111(6) of Directive 2001/83/EC and article 80(6) of Directive 2001/82/EC. It contains the following information: · Manufacturing and import authorisations · Good Manufacturing Practice (GMP) certificates. · Statements of non-compliance with GMP · GMP inspection planning in third countries See: http://eudragmdp.ema.europa.eu/inspections/displayWelcome.do https://i.imgur.com/W2zdxqH.png Looks promising https://i.imgur.com/c6yVRxu.png SCOPE OF AUTHORISATION Name and address of the site : Maricann GmbH, Moritzburger Weg 1, Ebersbach OT Naunhof, Sachsen, 01561, Germany Human Medicinal Products Authorised Operations IMPORTATION OF MEDICINAL PRODUCTS (according to part 2) Part 2 - IMPORTATION OF MEDICINAL PRODUCTS 2.3 Other importation activities 2.3.1 Site of physical importation 2.3.2 Importation of intermediate which undergoes further processing But where is the GMP certificate? Latest GMP certificates for Germany: https://i.imgur.com/bZxouN0.png https://i.imgur.com/ZOlvlwo.png Just for their facility in Canada. Maybe the missing of the announced GMP certificate is because of the german tender process. Maybe not, who knows …
“These certifications provide Wayland with the foundation to start selling product into the lucrative German and other developing European markets …”
Oh really? Not in my view … Next news release: Jan. 31, 2019: Wayland Group Comments on Recent Promotional Market Activity
“Since September 1, 2017 the Company has engaged MJM Markets and Consulting (Toronto, Canada; Follow The Money Investor Group, o/a 2632436 Ontario Limited (Toronto, Canada); Harbor Access LLC (NY, USA); Investing News Network; M. Davis & Associates Capital Inc (Vancouver, Canada); ERPR AS (Oslo, Norway); BlackX GmbH (Germany); Tycona Media (Vancouver, Canada); DiePRBerator (Germany); Global Financial Network (Toronto, Canada), and Prosdocimi (London, UK) at various times to provide investor relations services, public relations services, marketing, native advertising or other related services including the promotion of the Company, its business and/or its securities.”
Jan 30 2019: Wayland Group Corporation: European Cannabis Giant Wayland is said to be in advanced talks to purchase and re-open the Voss Water bottling plant in Norway
The Falcon Funds bust is a big thing. See also Malta Civil Court https://www.gov.mt/en/Government/DOI/Government%20Gazette/Court%20Notices/Pages/2018/09/CourtNotices2009.aspx. “By the present, the Agency, refers to your involvement inter alia as the final person in control, director and/or shareholder of Oxxy Group Polc, Rock Energy AS, Element ASA (previously known as Intex Resources AS) and White November Fund, in respect of which a number of transactions have been carried out to the detriment of the Sub-Funds and any other direct or indirect involvment in the investments made in the name of the Sub-Funds. It results that these Sub-Funds have suffered a loss, and there could be futher substantial loss, and this loss is, inter alia, the direct or indirect result of your actions and/or omissions, resulting from your negligence, and/or fraud, and/or carelessness, lack of skill and/or for your failure to observe the laws and rules applicable and also because of default in your obligations.”
I know this is much content, but if you want to make your own picture of Beitnes just dig into this whole Element ASA debacle starting last year. Two auditors (EY & PwC) and the CFO left Element … Then Beitnes left as Chairmen but now serving as external consultant for Element receiving 100.000 NOK monthly. https://www.dn.no/bors/element/lars-christian-beitnes/rikard-storvestre/avtroppende-styreleder-far-100000-kroner-i-maneden-for-radgivning/2-1-498862 would be a good start. Or dig deeper into the Swedish Pensions Authority lawsuit against Beitnes. Finally … just ask yourself why does Ben deals with such shady persons? Did Ben no DD on those guys or did he not want to … And that is just the top of the iceberg. TO BE CONTINUED
Hi all, Not directly related, but it's the finance side of it that I'm interested in. I've got an 8 week holiday in SEA (Thailand, Cambodia, Vietnam, Singapore) coming up at the end of the month - how have you fellow redditors dealt with the currency exchange when travelling through numerous countries. Do I: - Exchange money at the Forex booths at the Aus/Thai airport upon departure/arrival using a debit card? - Load up a travel card such as the one CBA offers? - Other? Thanks for your help!
Hey guys I'm going to be going over to north America in a month and am looking to exchange some AUD for USD and CAD. Anyone have any recommendations around Sydney or the chatswood/north Sydney areas?
Best way to transfer $3k AUD -> US Bank Account (without OzForex)
Yo! I'm in America for the next 3 months, and need to transfer a bunch of cash over (about AU$2k/mo). I've tried to set up an account with OzForex but as I'm currently in the US they say they need to use my US address - and I don't have proof of this address as I've only just gotten here and don't have any utility bills or statements with my address on it (and won't for my duration, I'm AirBNBing). So what are my best options for doing a transfer to a US bank account? I have Coinjar set up and could maybe do something with bitcoin, I also have a CBA account but their exchange rate is abysmal (~.68c plus international transfer fees, when the Ozforex rate is 0.73c!)
I needed some bitcoins quickly the other day so i took this method which screwed me. I need some advice as to the cheapest method to get BTC for my AUD. I Used CBA to do a USD transfer to mtgox of 100usd ( i know bad idea) . They charged me $22 for a fee, but not only this, they charged a spread i could jump over... 1 USD to 0.93cents AUD. Then i log into mtgox and find out the currency is still in AUD wtf?! i then place an order on mtgox which, unless i'm mistaken doesn't let me places limit orders so i got screwed in the low liquidity AUD/BTC market. All in all, i get 18.9 bitcoins for $129.91 AUD. minus the $22 fee, thats about 5.68 per BTC when the market was trading in the high 4s. Next time i plan on doing a wire transfer with ozForex, the spreads seem reasonable. And i plan on using tradehill since the options for trading seem a bit better. This should reduce my cost much more. can anyone recommend anything better for us poor Aussies? I've looked at https://www.worldbitcoinexchange.com/. However it appears they have no liquidity. the best prices was 8AUD for 1BTC, what a joke.
See the latest money exchange rates and convert currencies with our foreign exchange calculator. Check out the latest ideas and forecasts on COMMONWEALTH BANK OF AUSTRALIA from our top authors — they share predictions and technical outlook of the market. ... House rules Moderators People Pine Wizards Chat Brokers Stock Screener Forex Screener Crypto Screener Economic Calendar COVID-19 stats Shows. Forex Solutions - NCBA Bank ... Forex solutions FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. With CBA Treasury you can offer your customer advice on everything they may need, from anywhere in the world by guiding their Treasury needs. You can also read more about forex dealing in our treasury solutions section: Foreign Currency Spot Dealing Foreign Currency Forwards Foreign Currency Options
RvR Ventures is a group of Investment Professionals with it's expertise in trading strategy - commodities, currencies, indices & CFD, investment management, portfolio analysis & risk mitigation ... Learn How To Trade: Join The Fx220 1 on 1 Mentoring Program and Course! Sign up now and get IMMEDIATE access: https://fx220.thinkific.com For all informat... 🏆Pro TradingView Indicators 🥇Featured #1 T.V. Author Worldwide 🏖️Get Any 6 Indicators 60% off right now on our site 👇 www.TradeIndicators.com Forex Signals given to you only at good trade setup available in the market. Save your money, time, energy by following signals from us. See profitable growth on your trading account. Easy Forex Strategy - Scalping 5 Minute Chart - Read Description - Next Video Will Be Live Trades - Duration: 8:16. WEFX Official 250,696 views