Lucky_Luciano
2年前
8,452,963 shares now at avg. cost of .00558
That's a huge investment in such a penny stock, currently valued at $38,000 with a 20% net paper loss of almost $10,000.
$4.2 M was raised recently at Canadian .01 which translates to .0075 (fraction of a penny) in US currency.
Fineqia is currently featured at InvestorIntel. The first video is very boring. I hope the show gets better than this and soon.
https://investorintel.com/iintel-members/fineqia-international-inc/
NobleRoman
2年前
3,352,963 Shares Now:
Remaining order a .006 order filled:
Buy 120000 FNQQF Executed @ $0.006Aug 26, 2022 9:31 AM ET
Buy 50000 FNQQF Executed @ $0.006Aug 26, 2022 9:31 AM ET
Buy 20000 FNQQF Executed @ $0.006Aug 26, 2022 9:30 AM ET
New order set at .004.
Learn to fly, or serve me at .001 eventually.
NobleRoman
3年前
My new Bull Thesis:
Stock is sub penny, which means market cap of less than $5M at this time. Great management team as the main board highlights, but they have a credibility problem due to years of not executing. But I'll take good team over scam team.
Since around October of 2021, the company hired a new Chief Technology Officer from the London Stock Exchange group and is currently working on a $4M private placement at CAD .008 with one warrant attached exercisable at .05, which is non-dilutive to today's price. As of the end of December 2021, Over $1.5 million of that $4M goal has already been raised.
Black Insure was written down to zero on their books, which they made two investments in. Now it has had work on its website with no fanfate. The words "Launching in 2020" have been removed. I expect news on this soon. It appears they have made progress, although different from their original vision of Black tokens.
https://black.insure/#home-blog
Risto Rossar was once a founding partner, but on this new updated website, he is described only as an "Advisor." where as Bundeep is listed as the sole founder (also our CEO and founder of Fineqia. Fineqia is also listed as a client, as well as PremFina, Bundeep's successful private business. And Insley, which is Riso Rossar's succesful and proven insurance business in the UK.
Here I think is the vision in Risto's own words 3 years ago. Essentially, the Uber of Insurance is what they want to be I think. Even though he doesn't mention us specifically, I think this is his vision as he advises us:
And here he goes in to much more depth in regard to Black Insurance, which corroborates his vision in that short video:
I think that is what our investment in Black Insurance will be about. And I think that it won't be worth zero, which is what we marked it down as on our books.
So far we have no sales. I feel like that is about to change.
NobleRoman
3年前
1,186,834 Shares now @ avg cost of .00737 per share.
Busting through my bid order today:
Buy 36200 FNQQF Executed @ $0.0071Jan 13, 2022 2:56 PM ET
Now I'm 100,000 shares on the new bid at .0056
Fineqia's twitter is now active after years of neglect. When they want money, suddenly they find their voice!
The new guy, per the Twitter account, will be giving a speech at some event in a week or so. Lurkers may want to check it out. Hope he says something about Fineqia, but it's now that the conference is about.
NobleRoman
3年前
200,000 shares added today:
I still think there there is something more with Fineqia than meets the eye:
I added 200,000 shares today, bringing my share count to 786,834 at avg. cost of .0073 per share..:
11/05/21 Bought 100000 of FNQQF @ $0.0084 Unassigned -844.95
11/05/21 Bought 85000 of FNQQF @ $0.0084 Unassigned -714.00
11/05/21 Bought 15000 of FNQQF @ $0.0069 Unassigned -109.20
They have to by law answer these questions every month to remain on the CSE, and this was filed today:
https://webfiles.thecse.com/20211105_FNQ_Form_7_October_2021.pdf?HSMvenJrNzKdP1ND9Gdy8Nws722K.dPU
I'm looking for evidence that they sold PHUN, and it would have been significant. But there is nothing in this filing. I really hope they didn't sell it before that spike. And at the same time, I'm mad if they didnt' sell it in the spike. What is wrong them??? They can't make a dollar to save their lives.
However, there is this little notation in the filing. No PR was released on this. No news can be found anything in regard to it:
On October 11, 2021 the Issuer appointed Michael Coletta as Chief Strategy Officer. Mr Coletta will principally be based in the UK. The Issuer has the option to pay up to 10% of Mr Coletta’s compensation in the form of the Issuer’s stock.
That's more vested interest, and that would be 76 million reasons for him to find a strategy to move them forward. They don't dilute. They are just an eyesore of mega shares, but at least they don't dilute. They just pollute.
I don't know if this is the same Michael Coletta. It might be. He's based in London, so that fits. He is associated with the London Group Stock Exchange (LSE). And so is Martin Graham, the chairman. Plus LSE invested heavily in Nivaura, which seems to be doing well and one of Fineqia's investments.
https://www.pli.edu/faculty/michael-coletta-34064
He's in the crypto, libertarian scene which fits the Fineqia profile.... I don't know, but he is a good suspect. At least it tells me they are looking for a way forward and aren't dead yet. Quiet as mice, but not dead.
NobleRoman
3年前
PHUN is up 500% today, Estrella.
Fineqia owns over 31,000 shares of Phun accoring to page 21 on this latest filing:
https://sedar-filings.thecse.com/00025560/2108301028489844.pdf
I hope you are still here. Either the PHUN enthusiam will spill over here, or it won't. But if it won't, that can't stop the fact that Fineqia can convert that liquid investment to cash instantly. It was worth as high as $310,000 today for Fineqia.
NobleRoman
4年前
112,000 shares left
01/12/21 Sold -10000 of FNQQF @ $0.0176 Unassigned 170.25
01/12/21 Sold -290000 of FNQQF @ $0.0147 Unassigned 4,256.95
01/12/21 Sold -77000 of FNQQF @ $0.0145 Unassigned 1,110.52
01/12/21 Sold -125000 of FNQQF @ $0.0147 Unassigned 1,826.55
01/12/21 Sold -319000 of FNQQF @ $0.014 Unassigned 4,459.95
01/12/21 Sold -10000 of FNQQF @ $0.0173 Unassigned 166.35
I just don't like the way these pirates are acting. They are already acting pre-madonna and they just got here.
I'll just buy back at .005 or below as punishment. Or, I'll kick myself at 50 cents with only 112,000 share.
So make that 17,788 plus about 11,500 = 29,288 -- I'll make that an even $29,000 profit on Fineqia. Far, far below my expectations. I was wanting something more in the tune of $1 million in profits. Maybe on the next round IFFFF I'm given that opportunity.
NobleRoman
5年前
Are you still here, Joelzee?
I hope you are still hanging in.
I'm the embodiment of Lucky, Secret, Masada, and all other persecuted monikers. They can kill the shell but not the soul.
My current update:
3,549,000 shares @ avg cost basis of .01242 per share
Been buying and time-stamped on a link presented in this forum. Currently, I have a 1M-share order in at .001. They make me angry, and I'm hungry, and I'm tired of waiting. But I still see integrity. Albeit, no promotion, a negligent PR in regard to PHUN, but PHUN is a valid investment. Our investments are real. I hope they bear fruit within the year. They better or they will need more funding. So, the pressure is on and its pressure in alignment to our interests.
Lucky_Luciano
6年前
Black Insure Topped up by 20%+
https://finance.yahoo.com/news/fineqia-announces-uplift-investment-value-130000226.html
LONDON , May 29, 2019 /CNW/ - Fineqia International Inc. (the "Company" or "Fineqia") (FNQ.CN) (FNQQF) (FNQA.F) is pleased to announce an increase of more than 20% in its equity stake in Black Insurance ("Black"), a digital insurance start-up on the blockchain.
Fineqia International Inc. (CNW Group/Fineqia International Inc.)View photos
Fineqia International Inc. (CNW Group/Fineqia International Inc.)
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Founded in 2018 by Risto Rossar, Black intends to become a licensed insurer and enable the underwriting of new insurance policies via insurance syndicates akin to the Lloyd's market. Insurance brokers and agents will be able to create bespoke insurance schemes faster and cheaper using the Black platform.
This is Black's second financing round. Fineqia participated in the previous stage as well as part of its strategy to invest in companies that allow Fineqia to strengthen its existing portfolio of blockchain, fintech and cryptocurrency technology companies worldwide.
"Fineqia is pleased to have topped its original investment in Black in this most recent investment round," said Chief Executive Officer (CEO) of Fineqia, Bundeep Singh Rangar. "Black represents everything we want from issuers: innovation, disruption and ambition. And, we believe that insurance is one sector ripe for blockchain disruption and Black Insurance has the right team experience to make this happen."
Black's utilization of blockchain in insurance means a decrease in operational costs, increased security and transparency, mitigation against any single point of failure and enhancement of the reputations for all parties involved. By establishing a marketplace where investors and insurance underwriters can directly trade with one another, Black seeks to minimize transaction costs.
Fineqia's investment in Black is held via its subsidiary, Fineqia Investments Ltd. It is in line with its strategy to invest in blockchain related companies that support its business model. Fineqia's investment sum represents less than nine percent of its market capitalisation.
Lucky_Luciano
6年前
And lastly, in Fineqia's latest investment in Wave, this is telling me that they have more runway than it appears to me. Because they are 10 times smarter than me at least. With financial backwards that turn me into a dwarf.
And their investments are high caliber. Like the one they made this week. So even though they have no money coming in, they are making investments. So what does that say? It means, they don't see insolvency because investments do nothing for cash flow.
Like this latest statement from the CEO of Wave, whose background is impeccable and legit.
"We look forward to working with Fineqia to gain access to non-correlated, high-quality debt opportunities and continue growing our partnership as they continue to push the envelope around issuing Digital Asset backed bonds,"
And he decided to go full in on crypto, and his outlook does, indeed, seem to be somewhere between Draper and Buffett. This technojargon above seems to imply to me that he is saying he is going to be a client once we pass the final tests of UK authorities.
So, I suspect Black Insure will be a supplier, PremFina will be a supplier, Nivaura is the foundation. Wave will be a client, and our Chairman's connections, even more clients in the bag. That's what I see, and we shall review in the future in retrospect.
Phunware, just an investment not really a partner as I see it as the others.
Lucky_Luciano
6年前
And then there's Tim Draper on the other end of the spectrum 3 months ago:
"“The criminals will still want to operate with cash, because they catch everybody who is trying to use Bitcoin,"
Err, okay. Like I said, the truth is somewhere *between* Draper and Buffett, but *closer* to Buffett.
For the record, Mr. Draper, I benefited from a stock in the past of ill repute that I shall not name. And they have been exchanging shares for bitcoin in what I see as cooking the books. They have to put a value on it on the books, below its bitcoin price. But even the shares they get multiplied by the price of bitcoin multiplied by the number of bitcoins far exceeds the value of their bitcoin IFF they get the price of the stock. So, err, criminal enterprise in my eyes. Closer to Buffett...
But that's okay. I understand that both of you are off-kilter on this one, on the fringes. And that's okay. I'm going to run right up the middle with Fineqia and score a touch down, and you guys can trip over yourselves.
Lucky_Luciano
6年前
Warren Buffett still a Bear on Bitcoin.
As of this week, he has said, “It’s a gambling device... there’s been a lot of frauds connected with it. There’s been disappearances, so there’s a lot lost on it. Bitcoin hasn’t produced anything..."
Well, I'm sorry he feels that way. I think the truth is somewhere between Draper and Buffett, but closer to Buffet *at this time.*
As a good speculator, if I do say so myself, there is no better contrarian play than to go contrary to the contrarian extraordinaire. This is a rare case where I must make a bet against Buffett.
SecretMillionaire
6年前
I own 16,000 shares of PHUN through Fineqia.
I own these shares indirectly through my 2M-share position on Fineqia which is only cost me 1 cent *at this time*.
I could choose to buy another 1,000 shares in premarket right now of PHUN for $10,000. But for the same money, I could buy fractional ownership of 16,000 shares of PHUN by buying 1M shares of Fineqia.
But that's not all! Fineqia also owns 16,000 warrants, with the right to buy at a much lower price than the exercise price of the publicly traded PHUNW warrants. This is a fact. And, that's not all! Fineqia also owns rights to PHUNCoin. All that for 1 cent.
Why pay $10 for one common here when I could have fractional ownership of the common, better warrants, and phuncoin for a penny?
Well, because it's a penny stock you might say. However, their team actually has more experience than this great experience at PHUN. Their Chairman, in fact, is Chairman of the Oracle Group. Their CEO is also the founder and CEO of Premfina, an established distrupter in the insurance industry. You can look at them up.
It turns out that Fineqia ALSO has investments in PremFina. And they also have investments in Nivaura. You can google all these names and be amazed. So you get PHUN and all these other bonuses for a fraction of the cost of PHUN.
PHUN is on the Nasdaq, but it seems like in some ways the CSE has more credibility in this case with all the deregulation surrounding SPAC's. For one, the CSE requires all companies maintain minimum capital requirements. It's not so easy to be on the CSE, yet that's where Fineqia has been approved to trade. It's also been much less volatile; albeit at ground zero. But that means no place to fall and only upside.
MY VERY RELEVANT QUESTION:
Will Fineqia be 2 cents before PHUN is $20? And does it matter which one gets there first, even though it seems more likely that Fineqia would? Because with Fineqia, you get PHUN and much more. With PHUN you just get PHUN. At a premium price.
Well, that's just me. I do have this knack for truth. I know it's offensive to some, but it's a serious question. It's an alternative way to invest in PHUN.
]
Masada
7年前
Where 3D Thought Comes into Play
A new article came out today on Fineqia, titled:
IN FINANCE, AS IN LIFE, TRUST IS KEY:
https://www.pressreader.com/canada/toronto-sun/20171212/281784219437115
That echoes the sentiments I said back in April of '17 in the post I'm responding to, where I state:
"To me, that tells me that want good press in good sources, and, in fact, plan on it. It will be legitimate sources that can be trusted, and that is what finance is all about -- Trust. Without trust, everything falls apart. Banking is built on trust. If done right, these mini bonds really are low risk if they are asset backed and you can actually believe in the vetting process..."
Masada
7年前
Not so when Dyslexic Intuition is Applied
Our payday may be here, Diva. Patience is the most important variable in investing. I hope Jovie didn't throw in the towel. He deserves this.
That 25,000 is me, taking a $1,000 dividend yesterday. Volume is so high, we shut the market down. Will be very interesting come Monday. Two very, very interesting press releases yesterday. The one with PremFina is very relevant and a confirmation of what we've been saying. The Canadian volume, as you noted, is in the millions and could be a game changer. We shall see soon enough.
1) Blockchain, new strategic focus PR
https://www.prnewswire.com/news-releases/fineqia-announces-strategic-shift-toward-blockchain-technologies-661340293.html
2) New Ownership Interest in PremFina:
http://www.newswire.ca/news-releases/fineqia-takes-equity-stake-in-debt-securities-originator-ixl-premfina-661341413.html
That means that $38 million in venture capital PremFina received, noted in my prior post, is partly ours. That loan to PremFina was very accretive for all.
$946,000 remains in our a/c, which is good for me. And this is the most important piece of information:
""Having a preferred and equity relationship with a debt originator such as PremFina helps us secure a pipeline of ongoing debt securities issuances," said Fineqia's Chairman Martin Graham. Premium finance is considered high quality debt with U.K. industry loan losses at less than 0.15%.
Now every speech and article on PremFina is that much more interesting to us. This next chapter is proving to be a good adventure story. Being stowaway capital definitely has its perks.
I'm not too savvy about Canadian security laws, so not sure when our next MD&A comes out, but the one after this next one should be the most interesting in my opinion.
I'm going to venture a guess that we get an update on THE FIELD next week. Just a guess is all. And a new offering for investors, unique to Fineqia.
Masada
7年前
The HLIX Ticker Doesn’t Belong
I think it's realistic if they can show interest on both sides of the deal. If warrants are exercised, that would be a big cash infusion and cut that price in half. But what would the cash infusion do, and for us, it just doesn't matter because we are below exercise price. Time frame to hit that price could be within the year. You never know with speculation, things in the pipeline. But if things go as planned and requires a sale at business sense prices, that will take longer. Doesn't really matter to me. The longer the time frame, the more I don't have to think about where I'll drop more money.
They'll report their MD&A at the end of this month. And the length of time for the field expires next week, so maybe we'll get some updates. And a second deal. This is an interesting from 7 that was filed last week at thecse.com.
http://thecse.com/sites/default/files/2071106_FNQ_Form_7_-_2017_10.pdf
Look where that link there takes you. Very interesting. You can't even find this on a search on Youtube. It must be for potential investors only to see. The "pitch":
If anyone had any doubt at all, which would be unreasonable given all the corroborating sources, that link leaves no doubt at all. From the producer's mouth himself. And quite interesting at that to view.
Also of interest is this note in that form:
The Issuer has entered into strategic media partnership with Postmedia Network Inc in order to introduce Fineqia to the Canadian market, specifically investors, through acontent strategy developed by Fineqia and Postmedia.
Postmedia is the media I posted in a few posts prior to this one. I would expect more from them. I hope so. I'm going to speculate at the closure of this field before the MD&A and maybe more to come. I would hope they can pick up the interest here. I like instant gratification, but I can wait too. The integrity of the company and mgmt. doesn't worry me at all.
Masada
7年前
That’s Been Proven by a Prior Long
Very interesting clips here from our CEO Bundeep:
http://rangartv.blogspot.com/
It was recorded this month. All of it's very interesting. It's all about PremFina, but I like the way Bundeep thinks. I love listening to what he has to say. There is a lot of crossover. I like his take on the "universe rewards risk" clip. He talks about partial ownership of Bollywood films in the context of a PremFina Q&A, but you know he's thinking of Fineqia when he says that.
I wish I could have seen the entire speech and q&a without interruption. The universe will indeed reward our risk here. It's smart risk.
Meanwhile, on my other ticker TOGL, which is a scam in my not so humble opinion, I'm making $1,500 on every penny uptick. Fineqia is legit, to be clear. But I am riding what I see as "manipulation" on another ticker, which I'm time-stamping. I'm hoping that goes to $1.00 before Fineqia does anything. I would like to take some of my profits there and buy another million shares here, as well as 1,000 shares each of Macy's, Rocky Mountain Chocolate Factory, and Pattern Energy. Yes, the universe will reward my "risks," but I just want the timing to fall accordingly. $300 million market cap here is my goal, and I will not be selling 100% of my position here when I reach that goal. I see and understand Bundeep's vision, and I believe in him and his mgmt. team.
Well done, Bundeep! Keep up the good work. The other speculators need a hard slap in the face with evidence. But I see it coming before it comes.