Sirona Capital Launches its Latest Real Estate Investment Fund

Wednesday, 18 May 2015

Sirona Capital (Sirona) has launched a second round capital raise for one of its real estate investment funds, the Pakenham Street Investment Fund (Fund).

Sirona is seeking to raise $2.365 million to facilitate the development of a 120 key, 4 ½ star apartment hotel in Fremantle (Development) underpinned by a 15+ year lease to Quest, Australia’s leading apartment hotel operator. These funds are additional to the first round capital raise of $9.675 million which enabled the acquisition of the development site and pre-construction works to be undertaken.

The key investment highlights of the Fund include:

  • Attractive investment returns – forecast income distribution of 13.0% p.a. (average and post fees, pre-tax) over an 8 year term, with distributions paid quarterly following completion of the Development
  • Prime CBD location with an established tourism market – strategically located in the historic “West End” heritage precinct of Fremantle, a strategic metropolitan centre with a long established commerce and tourism economy
  • Undersupply of hotel rooms – the local hotel market is experiencing an acute supply shortage and leads the nation of key industry metrics (occupancy and RevPAR)
  • Strong leasing covenant – 15+5+5+5 year lease with 4% fixed annual escalation, underwritten by a Quest corporate guarantee
  • Development risks mitigated – all planning approvals have been obtained, a well experienced builder has been appointed under a fixed price contract and pre-construction works completed
  • Construction finance in place – credit approved senior construction and term debt facilities in place with a leading Australian commercial bank
  • Barriers to entry – significant land, planning and financing barriers for new market entrants limiting supply side competition

The Fund has an expected term of 8.0 years.

Please find attached a copy of Sirona’s Pakenham Street Investment Fund flyer for your consideration.  A full investment information memorandum is available on request.

To download the additional document, please click on the link below. 

Connexion Media Shareholder Update

 26 May 2015, Melbourne, Australia

Flex vehicle management service roll out

  • Flex estimated to reach 70,000 paying monthly subscribers by 2018
  • One US automaker will offer Flex throughout North America via its 4,000+ dealer network
  • Strong pipeline of prospective new automakers and other suppliers expected to expand sales

Connexion Media Limited (ASX:CXZ) is pleased to provide further updates on the company’s distribution and sales strategy for the Flex vehicle management service.

Connexion has prepared Flex volume estimates for CY2015-18. The estimates do not include prospective new business opportunities with other partners and affiliates.

Flex is Connexion’s leading innovative cloud based integrated vehicle management service. Flex is designed to work with both new and aftermarket vehicles through both embedded and dongle solutions. The revenue model is based on a monthly subscription service fee per vehicle.

As previously announced, Connexion has been awarded a contract with a major US-based automaker to supply Flex as an embedded service in new production vehicles used in small business fleet vehicles.

The projected ramp up of the customised Flex service is expected to begin later this year. The US automaker will offer the service throughout North America via its over 4,000 dealer network.

At the request of the US-based automaker, Connexion is unable to disclose the party until the official Flex service launch in late 2015.

Figure 1: Flex Estimated Cumulative Volume Projections

 

 

 

 

 

 

The volume projections depicted in the above table are based on:

  • volume estimates resulting from projected and anticipated take up of the Flex service with partners and affiliate 
  • the number of fleet vehicles sold in the US in 2014 were in excess of 1 million
  • the US-based automaker that Connexion is customising its existing Flex service for has a market share in the range of 10-20%

Accordingly, the volume projections in the above table assume:

  • the number of fleet vehicles sold annually equals or exceeds the number of fleet vehicles sold in the US in 2014
  • the US-based automaker’s current market share does not significantly decrease
  • the projected subscription take up rate set out above is consistently achieved

The US automaker will pay Connexion to customise the existing Flex service to meet its market requirements. The subscription-based service is expected to launch in the last quarter of 2015 with revenue generated from the service to be shared by both parties.

The cumulative volume projections based on existing contracts are estimated at 17,500 subscribers in 2016, rising to 70,000 subscribers in 2018.

Connexion has a pipeline of other prospective large scale buyers in trial or negotiation phases. Currently Flex is undergoing trials across the globe in Australia, USA, Germany, Thailand, China and the UK by a number of well-known high profile auto manufacturers and other prospects.

In the US, two major automakers have expressed interest in and are trialling Flex, while in Europe five major automakers are also trialling Flex. These automakers collectively represent 30+% and 20+% of annual sales in their respective markets(1).

Connexion is also receiving strong interest from automotive and consumer aftermarket brands, as well as automaker suppliers.

In addition, Connexion has already signed up a small number of paying customers in Australia, with revenues from these customers expected to be received in the June quarter of 2015.

Flex is achieving cut through success because the offering closely matches the specified needs of automakers, it can be quickly adapted to particular needs, it is co-optimised and can be branded by the automaker, the cost of Australian software engineers is competitive in the Western world and this can all be achieved with a competitive unit price for the consumer.

Further, Connexion has been cultivating the world’s major automakers for many years with the very competitive miRoamer radio and music service. It is using these existing channels with the vehicle giants to promote and sell the Flex product.

The overall fleet markets are vast. In America alone, the total number of industry cars and trucks managed by fleets is 11,876,033 as of January 2014, which is 130,000 vehicles higher than it was in January 2013(2).

It is estimated that the number of active fleet management systems is growing at between 14-22% annually(3). In Europe, China and the Americas expectations are that there will be in excess of 25 million fleet management systems installed by 2019(4). Worldwide, the total market value of fleet management systems is expected to grow over the next five years at an average of 24% per annum from US$12 billion in 2014 to almost US$35.5 billion by 2019(5).

Connexion has estimated that it will reach 70,000 monthly paying subscribers by 2018. This represents less than 1% of the world market for fleet management systems global estimates. Connexion expects to grow its market share considering the numerous automakers and aftermarket suppliers currently trialing the Flex service in USA, Europe, and Asia.

Flex is a new high tech remote vehicle management system, available as either a dongle and/or embedded solution. The service provides the ability to manage an entire fleet of vehicles from a central control point using cellular mobile connectivity. Flex collects data on key performance indicators that is then assessed using customised reporting.

Flex is able to track a range of real time and historical data including vehicle locations, distance travelled, fuel consumption, battery life, engine performance and absolute and average speeds travelled. It is also able to monitor driver behaviour and instantly notify vehicle owners and fleet managers by sending notifications and alarms.

For fleet managers, this technology is vital as it provides analytical data in how the vehicle is being used, that was previously unattainable.

For more information on Flex visit: www.flexvs.com

References:

(1)   Source: IHS 2015 production estimates

(2)   Source: USA Department of Transportation (DoT), Bureau of Transportation and Statistics, February 2015

(3)   Source: Fleet Management System Market in Europe 2014-2018 (October, 2014: Infiniti Research Limited). Fleet Management in Europe, Fleet Management in the Americas, Fleet Management in China (Berginsight.com – M2M Research Series 2014), Fleet Management Market to See Healthy Growth in North & Latin America (30 September 2014, www.gpsbusinessnews.com/Fleet-Management-Market-to-See-Healthy-Growth-in-North-Latin-America)

(4)   Source: ibid

(5)   Source: Fleet Management Market – Global Forecast to 2019 (November, 2014) www.researchandmarkets.com (at businesswire.com November 7, 2014)Source: IBIS World, OD4546 Fleet Telematics Systems Industry Report, March 2015

IMPORTANT NOTE:

It should be noted that if any of the assumptions underlying the information in Table 1 are incorrect or do not materalise, the volume estimates depicted in Table 1 may not be achieved. It should also be noted that, at this stage, Connexion has been contracted to customise its existing Flex service at the US-based automaker’s cost only. Theservice offering is therefore yet to launch and accordingly, Connexion does not have any contracts in place as part of these arrangements that guarantee any ongoing or significant sales or revenue in respect of the Flex based service offering. The above projections are not guarantees of future sales or revenue and involve a number of uncertainties and assumptions that are beyond the control of Connexion. Connexion gives no assurances that the volume estimates above will actually occur and the market is cautioned not to place undue reliance on these volume estimates.

About Connexion Media

Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a sales office in Cambridge UK.

Xyec Holdings Unaudited Full Year Financial Statement

Xyec Holdings Co., Ltd. (the “Company”) was listed on Catalist of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) on 18 September 2013. The initial public offering of the Company (the “IPO”) was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the
“Sponsor” or “PPCF”).

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Gillian Goh, Director, Head of Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore.

Background

The Company was incorporated as a stock corporation (kabushiki kaisha) with the name “UFD Holdings Co., Ltd.” in Japan on 9 September 2005. Shortly after the incorporation, on 26 December 2006, the Company completed an absorption-type merger with former Xyec Holdings and Kowa Sekkei, in which the Company was the surviving entity. The Company’s name was then changed from UFD Holdings Co., Ltd. to its current name “Xyec Holdings Co., Ltd.”.

The Company registration number is 0104-01-058968 and the registered office address is 9F Keikyu Daij yu Bldg, 3-26-33 Takanawa, Minato-ku in Tokyo, Japan.

The Company, together with its subsidiaries (the “Group”), aims to be a leading integrated engineering and IT services provider for major manufacturing industries, such as the automobile, machinery, telecommunications and electronics industries.

To download the full document, please click on the link below. 

YuuZoo’s Revenue Has Increased 58%

Singapore, 15 May 2015

Singapore-listed YuuZoo Corporation Limited (“YuuZoo”) (SGX: AFC) is pleased to commence the financial year with 58% growth in revenue and a positive EBITDA of 5.1 million versus a negative EBITDA of 0.3 million in the corresponding quarter of 2014.

YuuZoo’s unique business model incorporates a payment model developed by a Big Four audit firm whereby the franchisee pay YuuZoo for the franchise license by issuing to YuuZoo, shares in the company owning and operating the license. This enables YuuZoo to achieve two key objectives; to over time get a significantly higher share of the recurring revenues from the advertising, e-commerce, gaming and payments revenue generated by the franchisee, and to correctly determine the value of the asset over time as the business of the franchisee develops. The assets will periodically be assessed to determine whether there has been any change in the value of the shares. Any such increase or decrease will be reflected by adjustment to the book value of the asset when the assessment is made. The next assessment is planned for at the end of 2015.

The Company earlier, in its full year 2014 results announcement, stated that it will recognize as revenue the full value of the assets (in the form of shares) it has received as payment for the licenses when franchisees commence operations. The Company has however decide to take a more conservative approach, and will recognize only 50% of the already heavily discounted valuation done by Big Four audit firm, with the balance 50% recognised when the franchisee has achieved its second-quarter targets.

Operational Highlights

YuuZoo commenced trading on the main board of the Singapore Stock Exchange in September 2014.

During Q1/2015, YuuZoo also announced the acquisition of IAHGames, a leading distributor of online and box games in South East Asia the acquisition, which is to be paid for 100% by issuing YuuZoo shares to the vendors, is subject to SGX approval.
During eight years of operations, IAH has built a registered user base in SEA of over 35 million users. The company holds regional rights to distributing and or publishing leading game titles such as Grand Theft Auto, Counterstrike Online and Granado Espada.

IAH’s publishing and marketing partners include in Vietnam the government-owned VTC Online, subsidiary of TV monopoly Vietnam Multimedia Corporation (VTC), with a reach to a large portion of Vietnam’s 90 million inhabitants, and in Thailand, with 66 million inhabitants, True Digital, a subsidiary of True Corporation, a communications conglomerate controlling Thailand’s largest cable TV provider TrueVisions, Thailand’s largest ISP True Internet, and its third largest mobile operator True Move.

The Company in Q1/2015 also significantly strengthened its management team by hiring experienced experts in key areas, including the hiring of Rio Inaba, former CEO of Indonesia for Rakuten, the world’s third largest e-commerce company and former Global President & Director of New Market Development, to manage YuuZoo’s e-commerce expansion.

Outlook for FY2015

YuuZoo is, through its unique partnership and franchise model, positioned strongly in the social e-commerce space. The company at the end of April announced the launch of a weekly 45-minute football show and 5-minute advertorial on TV in China at the Great Sport Media network channel of Shanghai Media Group, a TV channel with a reach in excess of 300 million TV viewers. It also announced a joint venture with Africa’s largest TV network NTA. The Company in the second quarter is expecting to start the local marketing of its virtual shopping mall with a growing number of partners and franchisees it earlier has signed agreements with. It also expects to sign new agreements with other partners and franchisees in several markets where it is in discussions.

Please click here to view the full announcement. 

Xyec’s FY2015 earnings jump five-fold to JPY191.4 million

  • Revenue up 12.2% to JPY 8,480.4 million
  • All three business segments – Engineering Services, IT Services and IT Solutions – delivered good performances in FY2015
  • Maintained a healthy cash position of JPY 2,371.4 million as at the end of FY2015

Xyec Holdings Co., Ltd. (“Xyec” or the “Company”, and together with its subsidiaries, the “Group”), an established integrated engineering and IT services provider for major manufacturing industries in Japan, today reported a 429.5% surge in net profit attributable to equity holders of the parent to JPY 191.4 million (S$2.3 million) for the 12 months ended 31 March 2015 (“FY2015”) compared to JPY 36.2 million (S$0.5 million) of the preceding financial year (“FY2014”).

This was achieved on the back of 12.2% increase in the Group’s revenue to JPY 8,480.4 million (S$99.8 million) from JPY 7,558.6 million (S$95.0 million) in FY2014, underpinned by stronger revenue contribution from the Engineering Services segment.

Accounting for 49.7% of the Group’s total revenue in FY2015, the Engineering Services business segment achieved a 22.4% increase in revenue to JPY 4,216.7 million (S$49.6 million) in FY2015 from JPY 3,444.4 million (S$43.3 million) in FY2014. This was mainly due to the recovery in the automobile industry which led to higher demand for engineering services, as well as a full year’s contribution from the Company’s 95% owned subsidiary, Techno Like Us Co., Ltd., compared to only five months of revenue contribution in FY2014. Techno Like Us Co., Ltd. was acquired by the Company in November 2013.

Revenue recorded in FY2015 by the Group’s two other business segments, IT Services and IT Solutions, rose 3.0% and 5.8% to JPY 3,252.6 million (S$38.3 million) and JPY 1,011.1 million (S$11.9 million) respectively. The increase in revenue from the IT Solutions business segment was mainly attributable to higher contribution from the Company’s wholly-owned subsidiary, NT Solutions Co., Ltd.

The Group’s gross profit in FY2015 increased 11.4% to JPY 1,786.2 million (S$21.0 million), while the gross profit margin remained relatively constant at 21.1%.

As a result, the Group’s earnings per share increased to JPY 1.78 (2 Singapore cents) in FY2015 from JPY 0.37 (0.5 Singapore cents) in FY2014. The Group’s net asset value per share remained relatively constant at JPY 19.11 (S$0.22) as at 31 March 2015 compared to JPY 18.06 (S$0.23) as at 31 March 2014.
The Group ended FY2015 with a robust balance sheet – with cash and cash equivalents amounting to JPY 2,412.5 million (S$28.4 million) as at 31 March 2015.

Dividend

The Group has proposed a first and final dividend of JPY 0.4 (0.5 Singapore cents) per ordinary share for FY2015, which translates to a dividend payout ratio of 22.5%. Separately, the Group declared a special dividend of JPY 0.5 (0.6 Singapore cents) per ordinary share on 11 September 2014, which was paid to shareholders on 28 November 2014.
Note: Financial numbers in S$ are calculated based on the average exchange rates of JPY 84.98 and JPY 79.57
to S$1:00 for FY2015 and FY2014 respectively.

Outlook and Future Plans

Economic recovery is underway for the Japan economy following a string of economic policies introduced by the government to stimulate the economy. According to FocusEconomics, a weak yen, low oil prices and an improving labour market are expected to drive Japan’s economic growth this year .

In addition, the depreciating yen has a positive impact on the all-important export sector. With most of the Group’s clients being domestic manufacturers, Xyec expects this trend to lead to higher demand for all its business segments.

During FY2015, the Company’s controlling shareholder Mamezou Holdings Co., Ltd. (“Mamezou”), successfully completed a partial offer to acquire 31,825,000 ordinary shares in Xyec. Pursuant to the completion of the partial offer, Mamezou’s aggregate shareholdings in Xyec had increased from approximately 29.89% to 59.92%.

Commenting on the partial offer, Mr Manabu Kobayashi, Executive Chairman, President and Chief Executive Officer of Xyec said: “Mamezou is principally engaged in the provision of IT solutions, which will provide a strong business synergy and help boost our IT Solutions business segment. The Group will also be able to tap on Mamezou’s resources and operating system to further enhance our suite of complementary services. From a geographical strategy standpoint, we will be able to tap on Mamezou’s regional presence within China and Indonesia to develop and conduct more businesses in Asia.”

“Since the completion of the partial offer in March, Mamezou has no intentions to introduce any major changes to the Group’s businesses and we continue our business as usual. We are pleased to end FY2015 on a strong note and will continue to grow our customer base as well as seek to further expand into the ASEAN region,” added Mr Kobayashi.

About Xyec Holdings Co., Ltd.

Incorporated in 2005, Xyec Holdings Co., Ltd. (“Xyec”) is one of the key players in providing integrated engineering and IT consultancy and services, to major manufacturing industries in Japan, such as automobile, aerospace, machinery, telecommunications and electronics. Xyec has a diversified and well-established customer base comprising several multinational companies, including affiliate companies of the Denso group, the Fujitsu group, the Hitachi group and the Toyota group.

To read the full document, please click on the link below. 

R&D Collaboration between Monash University and Z-Filter

19 May 2015

Monash University is located in the greater Melbourne area in the State of Victoria and is one of Australia’s top Research Universities. Monash University is also in the top 1% of Research Universities in the world and is home to the leading Material Science and Engineering Research Programme in Australia.

Z-Filter has approached us to review and characterize their Z-Splitter technology. Based on our limited testing to date we find that the Z-Splitter ability to separate and clean coal in a liquid form to provide a “liquid coal fuel” can provide unique solutions to the problems that have been holding back the development of brown coal as a clean fuel.

Attached are the results from first characterization tests on three different processed coal types provided by Z-Filter Pty Ltd. The tests conducted and the results obtained are described in the attachment. These early test results show that the provided samples are approaching the Z-Filter Pty Ltd goal of particle size <50µm and Monash University is prepared to engage with Z-Filter Pty Ltd to further characterize and develop this promising technology for wide ranging liquid coal and stable clean fuel applications.

This is a very exciting program with global implications, with the potential for the generation of prosperity and great benefits to the environment.

Sincerely

Professor Frieder Seible
Vice President (Academic), Dean, Faculty of Engineering and Dean, Faculty of Information Technology

Attachment: Initial Test Results on Z-Filter Coal Samples

Z-Filter Pty Ltd approached Monash University to examine the particle size distribution of three slurry samples prepared from different coals using their proprietary technology. Monash University tested the three samples using a Commercial Diffraction Particle Sizer.

For every sample, at least two repeats were carried out, while within each repeat runs, three sets of measurements were taken to establish variability of the size distribution, if any. These are:

Sample 1: Coal type unknown, tested at Monash University on May 1, 2015
Sample 2: Victorian brown coal slurry generated by Z-Filter on 19 March, tested at Monash University on May 19, 2015
Sample 3: Victorian Yallourn brown coal slurry generated by Z-Filter on 19 March, tested at Monash University on May 19, 2015.

The measured size distributions are presented in the following page, but the salient points to note are:
Sample 1:
90% of the particles in the measurement volume were below 52.7 µm size
50% of the particles in the measurement volume were below 19.6 µm size
10% of the particles in the measurement volume were below 4.1 µm size
This sample did not show any sign of agglomeration during the measurement

Sample 2:
90% of the particles in the measurement volume were below 51.9 µm size
50% of the particles in the measurement volume were below 19.7 µm size
10% of the particles in the measurement volume were below 4.3 µm size
This sample did not show any sign of agglomeration during the measurement

Sample 3:
90% of the particles in the measurement volume were below 40.2 µm size
50% of the particles in the measurement volume were below 12.6 µm size
10% of the particles in the measurement volume were below 2.7 µm size
This sample showed some sign of agglomeration towards the end of the measurement. Only 5.4% of the particles in the measured volume are above 50 µm size
The results show a clear trend of significant improvement towards the target value, which according to Z-Filter Pty Ltd is 100% below 50 µm size. To meet this target, our preliminary recommendation is for a well-designed test program in the near-term that will include at least the following:
• Optimise the slurry production technology through multi-pass separation of the >50 µm size
particles
• Prove the technology for a range of brown coal and black coals from Australia and around the
world
• Stabilization of the slurry (without permanent agglomeration)
• Identify the nature of the coarse particles (>50 µm) through electron microscopy
• Increase the solid loading in the slurry without affecting the target particle size

To download the full document, please click on the link below. 

3 Trends Shaping Retail by Booodl

This is the first of our bi-weekly business updates where we’ll be sharing interesting industry news, our ‘Inside Booodl’ videos and a snapshot of our numbers. As always, if there is anything else you’d like included or you have some feedback, just let me know.

I presented at the Wholesale Investor conference on May 15th, where I touched on three of the big retail trends right now. I’ll share the full video with you soon, but in the meantime here’s a snapshot of what they are and how they’re underpinning our strategy at Booodl:

George Freney
Booodl Founder & CEO

Patent accepted for Diagnostic Test for Diabetic Kidney Disease

ASX/Media Release, 21 May 2015

  • Ability to accurately detect early onset of Diabetic Kidney Disease via a simple blood test has potential to save health care systems globally $100s of millions annually.
  • Treating end stage kidney disease with dialysis will cost $12billion every year in Australia by 2020.

Life science company Proteomics International Laboratories Ltd (ASX: PIQ) is pleased to announce its Australian patent for its Diagnostic Test for the diagnosis of Diabetic Kidney Disease has been accepted.

The Company has received a Notice of Acceptance from IP Australia for its Australian Patent Application 2011305050 entitled, “Biomarkers associated with pre-diabetes, diabetes and diabetes related conditions”. The patent is due to grant in August and will be valid until September 2031.

This is an important milestone in the development and commercialisation of PIQ’s Diagnostic Test for the early diagnosis of kidney disease. Current detection methods are not robust and lack sensitivity, and doctors, patients and healthcare providers could benefit from having better tests
that can deliver more effective diagnosis, prognosis and help monitor treatment.

PIQ’s patented test was developed from the Company’s world-leading proprietary proteomics-based technology platform. It uses protein biomarkers found in the blood to provide an accurate detection of the presence of disease. The patent also provides a means to develop new drugs for treating diabetic kidney disease.

The Company is seeking to secure patent protection for its Diabetic Kidney Disease Diagnostic Test in all major global markets including the USA, Europe, China and India.

Market Opportunity
The potential medical benefits and cost savings from PIQ’s diagnostic test are huge; in the USA nearly 10% of the population have diabetes, and 35% of adults with diabetes develop chronic kidney disease and 20% end up with kidney failure.

The ability to accurately detect the early onset of Diabetic Kidney Disease via a simple blood test and then prescribe appropriate medicine to prevent the condition progressing to dialysis or kidney transplant has the potential to save health care systems globally $100s of millions annually.

In Australia, diabetes in the fastest growing chronic disease with a total of 1.1 million with either Type 1 or Type 2 diabetes, and around 100,000 new cases reported each year. The total cost to the health system and in productivity loss is estimated at $10.3 billion annually. A large proportion of these cases (up to 60%) may be prevented by early diagnoses.

About PIQ’s Diagnostics business unit
Diagnostics are a key component of the Company’s operations. It focuses on utilising its proprietary proteomics-based technology platform to discover new diagnostic tests based on the differences in the protein make-up of people with and without a particular disease. By comparing blood or other samples taken from both sick and healthy people, PILL is able to produce a set of biomarkers (biological signatures) that can be used to test for a particular condition, and to provide personalised medicines – rather than a one-size-fits-all approach to treatment. Biomarkers represent a massive global market which is estimated to double in size to $40.8 billion by 2018.

About Proteomics International Laboratories (PILL)
PILL is an ASX listed (ASX: PIQ) life science company focused on the area of proteomics – the industrial scale study of the structure and function of proteins. Proteomics is an integral part of the biotechnology and life sciences industries and plays a key role in understanding disease and
biological systems. It represents a massive global market estimated to be worth $20.8 billion by 2018.

PILL is an established, revenue generating business and is recognised as a global leader in its field. It received the world’s first ISO 17025 laboratory accreditation for proteomics services, and operates from state-of-the art facilities at the Harry Perkins Institute of Medical Research in Perth, Western Australia. The Company’s business model uses its proprietary technology platform which operates across three synergistic proteomics-based business units in massive growth markets:

1. Analytical services: Specialist contract research, analytical testing and consultancy – fee for service model.
2. Diagnostics: Biomarkers of diseases and personalised medicine – focus on diabetic kidney disease and Alzheimer’s disease. The biomarkers market is estimated to double in size to $40.8 billion by 2018.
3. Drug discovery: Therapeutic drug discovery with a focus on painkillers and antibiotics. The peptide therapeutics market is currently estimated to be worth $17 billion.

About the study of proteomics
Proteomics is the large-scale study of the structure and function of proteins. The protein make-up in our bodies differs from cell to cell and changes considerably over time. For example, a cancerous cell will have significantly different proteins to a healthy cell. Understanding proteomics can speed up diagnosis and the identification of drugs that can be used to treat diseases. As recently as 12-15 years ago, identifying a single protein (a process called sequencing) took around 24 hours, and required comparatively large amounts of highly purified sample. Today, PILL can identify a protein in 10 seconds and complex mixtures can be quickly and accurately analysed. This drives the Company’s business model across its three areas of operation.

To read the latest announcements, please download the documents below.  

Investors & Wealth Advisers Have Access To Bonds And ETFs On iFAST Singapore

iFAST Corporation Ltd. (“iFAST Corp”) is an Internet-based investment products distribution platform. Listed on the SGX-ST Mainboard, iFAST Corp provides a comprehensive range of services, including investment administration and transactions services, research and trainings, IT services and backroom functions to banks, financial advisory firms, financial institutions, multinational companies, as well as investors in Asia. The company is also present in Hong Kong, Malaysia and China.

The following announcement has been uploaded onto iFAST Corporation Investor Relations website:

Z-Filter Announces FMG EVA Technology Evaluation Plan

May 20th 2015, Singapore

Z-Filter are proud to announce the FMG EVA TECHNOLOGY EVALUATION PLAN which will bring to commercial production a series of new
technologies in iron ore wet plant upgrade performance.

These technologies include the Z-Splitter which is designed to split materials according to size; keeping the coarse materials and rejecting the fines below a fixed particle size down to 20 microns. In this way the Z-Splitter can reject the dirt/dust/ultra-fines and keep the coarse high grade ore, as well as the combined technologies of our Z-Filter filtration systems to wash, clean and responsibly recycle the wash water. Finally to dry, the now cleaned ore, using the Z-Dryer; to provide a clean dry ore for transport.

Mr Neil Graham, Director, Z-Filter Pty Ltd said “Z-Filter invented the Z-Splitter technology (code named EVA) and we have been actively working on its development for commercialisation since 2011. With the active involvement of Fortescue Metals Group Limited, Australia’s third largest iron ore producer for the last year, we believe the new technology now holds the promise of delivering a step change in iron ore wet plant operations.”

“Our task now is to scale up these breakthroughs in technology from pilot scale to the full production capacity required for FMG’s operations. “

Z-Filter Pty. Ltd. is a private limited, company situated in Canning Vale in Western Australia, developing the Z-Filter, filtration technologies and operating contracting services, to clean and separate waste streams from: iron ore, to coal, septic tanks, to tailings dams, and canals.

For information on the Z-Filter development program or contracting, please contact Managing Director, Rodney Baxter on rod.baxter@z-filter.com

To read the full document, please click on the link below.

iFast Changes in Interest of Substantial Shareholders

iFAST Corporation Ltd. (“iFAST Corp”) is an Internet-based investment products distribution platform. Listed on the SGX-ST Mainboard, iFAST Corp provides a comprehensive range of services, including investment administration and transactions services, research and trainings, IT services and backroom functions to banks, financial advisory firms, financial institutions, multinational companies, as well as investors in Asia. The company is also present in Hong Kong, Malaysia and China.

The following announcement has been uploaded onto iFAST Corporation Investor Relations website:

Sun Biomedical Limited to Acquire Dimerix Bioscience

ASX Company Announcement, 13th May 2015

Highlights

  • Dimerix is a platform drug discovery and clinical stage biotechnology company;
  • Dimerix is currently recruiting in to Phase 2 clinical study;
  • Dimerix’s lead therapeutic product, DMX200, is targeted at patients with Chronic Kidney Disease (CKD);
  • CKD is a large problem with over 26 million people affected in US alone. CKD market in US exceeds $11B in sales per annum and continues to grow;
  • Dimerix initial strategy is to pursue an orphan indication, Nephrotic Syndrome, and subsequently partner the development of programs in larger disease indications;
  • Dimerix is engaged in research collaborations with top pharmaceutical companies using its proprietary GPCR (G protein coupled receptors) drug discovery platform;
  • Management team and advisory board are in place and ready to take the lead project forward. Near term value inflection point – data from Phase 2 study Part A in patients with proteinuria; and
  • Capital raising of $1.6M via the placement to sophisticated clients of Forrest Capital to accompany the acquisition resulting in available working capital of approximately $3.5M.

13 May 2015 - The Board of Sun Biomedical Ltd, an Australian biotechnology company, is pleased to announce that the Company has signed an implementation agreement to acquire 100% of Dimerix Bioscience Ltd (Dimerix), a public unlisted clinical stage drug discovery and development company, based in Melbourne. Dimerix’s lead clinical program is a Phase 2 study in patients with Chronic Kidney Disease, using its novel combination therapy, DMX200. The acquisition will transform Sun Biomedical into an advanced clinical stage company with an asset that has the potential to make a considerable impact in the treatment of Chronic Kidney Disease. Upon successful results from the Phase 2 study, Dimerix intends to pursue the pathway of registration of a product for an orphan indication, such as Nephrotic Syndrome.

Dimerix’s team has applied its patented GPCR drug discovery technology for its own internal research identifying and developing therapeutic treatments. Dimerix leverages its knowledge of drug target interaction and develops new combination therapies using already marketed compounds for new medical indications. This positions Dimerix’s therapies with a fast route to market due to extensive safety data for the selected compounds removing the requirement for Phase I studies and allowing to proceed directly to Phase Il efficacy studies.

Overview of the Transaction Subject to executing acquisition agreements with all Dimerix shareholders and Sun Biomedical shareholders approving the transaction, Sun Biomedical will:

  • Acquire 100% of the issued shares of Dimerix Bioscience Limited (Dimerix) (Acquisition); and
  • In connection with the Acquisition, undertake a placement of up to 160,000,000 fully paid ordinary shares in the Company (Shares) to sophisticated and professional investor clients of Forrest Capital each at an issue price of $0.01 to raise up to $1.6 million (before costs) (Capital Raising). 60 million shares of the placement will be issued following execution of acquisition agreements by all Dimerix shareholders using the Company’s share issue capacity under ASX Listing Rule 7.1 and 7.1 A, with the balance of 100 million shares subject to shareholder approval at a meeting of shareholders in June 2015;
  • Issue 60 million Advisor Options to Forrest Capital (or its nominees) exercisable at A$0.010 per option on or before 30 June 2017
  • The Company will enter into an acquisition agreement with each of the Dimerix shareholders (Vendors) (to acquire 100% ownership of Dimerix for total consideration of:
    • 750,000,041 Shares;
    • 30,851,592 management options exercisable at A$0.020on or before 30 June 2017;
    • 75,000,040 Class A Performance Shares convertible into 75,000,040 Shares upon receipt by the Company or Dimerix of a notice of allowance from the United States Patent and Trademark Office in relation to the US patent application number 13/979,127 (or any divisional or continuation thereof) within 24 months of completion of the transaction;
    • 75,000,040 Class B Performance Shares convertible into 75,000,040 Shares upon the Company’s board of directors making an investment decision to proceed to file an application to the US Food and Drug Administration for a pre-Investigational New Drug (“pre-IND”) meeting to progress development of DMX200 following the receipt of data generated under the current clinical trial for chronic kidney disease supporting further progression of the technology within 48 months of completion of the transaction; and
    • 75,000,040 Class C Performance Shares convertible into 75,000,040 Shares upon receipt of ethics approval allowing commencement of a second clinical trial derived from the Dimerix platform and in relation to an indication that is not covered under the existing Austin Human Research Ethics Committee approval within 48 months of completion of the transaction),
  • Completion of the transaction will be subject to certain conditions which must be satisfied or waived within 2 months of the date of the implementation agreement, including: o Sun Biomedical obtaining all necessary shareholder approvals; o all of the Dimerix shareholders entering into acquisition agreements with Sun Biomedical in respect of their shares in Dimerix; o Sun Biomedical receiving firm commitments and cleared funds for the full amount of the Capital Raising; and o no material breach of the warranties given in the implementation agreement having occurred.
  • Voluntary escrow provisions will apply in the case of Vendor Shares to be issued to directors and promoters of Dimerix and their related parties as well as some seed shareholders of Dimerix. These details and other particulars of the transaction will be outlined in a notice of meeting which will be mailed to all Company shareholders as soon as available.

To view the full announcement and other recent ASX updates, please download the documents below.

Altech Chemicals Appoints Simulus as EPCM Partner for Meckering

ASX Announcement, 14th May 2015

Highlights:

• Appointment of local company Simulus Engineering as EPCM partner for Meckering
• Simulus was instrumental in testwork and development of flowsheet
• Simulus is the key engineering contractor on the BFS

Altech Chemicals Limited (Altech/the Company) (ASX: ATC) is pleased to announce that it has now appointed Simulus Engineering Pty Ltd (Simulus) as its Engineering, Procurement, Construction and Management (EPCM) partner for its proposed kaolin beneficiation plant at Meckering, Western Australia.

Simulus has been the key engineering partner during the bankable feasibility study (BFS) phase of the project. The Meckering beneficiation plant will enable the initial simple wet processing of kaolin to remove oversize silica, followed by drying to reduce moisture content. The resultant upgraded kaolin will be packed into 1-2 tonne “bulka bags” for containerised shipment to Johor Baharu, Malaysia, via the port of Fremantle, Western Australia. The Meckering plant has been designed to produce approximately 18,565 tonnes of beneficiated kaolin per annum at full capacity

Simulus is a multidisciplinary engineering company that has conducted project assessments in over 25 countries around the world for over 75 companies. Simulus has laboratory test work facilities as well as process simulation capabilities which were major aspects of Altech’s BFS. Simulus has previously conducted the Company’s laboratory pilot plant test work and Integrated Plant Study (IPS) in 2013-2014. In addition, Simulus has been responsible for the BFS’s engineering concept development, including the process flowsheet for both Meckering and Malaysia’s proposed operations.

The appointment of Simulus follows the Company’s 10 March 2015 announcement of M+W Group as the EPCM partner for the HPA plant in Malaysia, and the appointment of Castle Equipment Pty Ltd as mining contractor and processing plant operator for the Meckering beneficiation plant on 15 April 2015.

About Altech Chemicals (ASX: ATC) 

Altech Chemicals Limited (Altech/the Company) is aiming to become one of the world’s leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3). HPA is a high-value product because it is the major source material for scratch-resistant artificial sapphire glass. Sapphire glass is used to produce a range of high-performance electronic applications such as LEDs, semi-conductors, phosphor display screens, as well as new emerging products such as smartphones and tablet devices. The global HPA market is approximately 19,040tpa (2014) and is expected to at least double over the coming decade.
Current HPA producers use an expensive and highly processed feedstock material such as aluminium metal to produce HPA. Altech produces 4N HPA directly from an ore feedstock, aluminous clay, from its Meckering deposit in Western Australia. The Company is now advancing a Bankable Feasibility Study (BFS) to develop a full-scale 4,000tpa HPA production facility. The Altech process employs conventional and proven “off-the-shelf” plant and technology to extract HPA from its low-cost and low-impurity aluminous clay feedstock, which results in lower operating costs.

Altech is a chemical processing group focused on creating a high-margin product to meet the growing global demand for the next generation of high-performance technologies.

To download the full document, please click on the link below. 

Folkestone Awarded a Recommended By Atchinson Consultants

Media Release, 14 May 2015

Folkestone Maxim is pleased to announce that the Folkestone Maxim A-REIT Securities Fund has been awarded a Recommended Rating from Atchison Consultants.

According to Atchison Consultants “the Fund has comfortably outperformed the selected peer group over all measured periods to 31 March 2015, with the exception being over the three month period.”

“The management team are highly experienced and in our view have the correct focus when prioritising management investment behaviours as a fundamental driver of their investment decisions. Management have demonstrated a high degree of on the ground knowledge and insight into location specific property market issues and we have confidence in their ability to effectively manage the Fund in the future” said Atchison Consultants.

Mr Winston Sammut, Managing Director of Folkestone Maxim Asset Management said “we are pleased with the positive rating from Atchison Consultants. It confirms our view that a high conviction active manager of A-REIT securities can add value.”

“A-REITs have performed strongly in recent years driven by falling bond yields and investor’s strong appetite for yield. As a value-oriented investor we believe given concerns about the future direction of bond yields it will certainly be a stock picker’s market. As Atchison Consultants noted in their report, we have a strong qualitative approach to investing with a distinct focus on management capability and behaviours. As a result, our portfolio will favour listed real estate securities with good management, high quality assets, sustainable earnings and distribution growth and appropriate capital structures.”

The Folkestone Maxim A-REIT Securities Fund is a high conviction fund providing access to a diversified portfolio of quality ASX listed real estate securities which own office, retail and industrial, residential and real estate related social infrastructure assets. The Fund’s investment style follows an active management style coupled with a disciplined approach focusing on a top down/bottom-up process. Securities are selected on a concentrated portfolio basis built on individual merit and not benchmark weights.
Atchison Consultants Recommended Rating: The Manager’s product has consistently outperformed the median manager across our assessment criteria. We expect the manager to perform ahead of a reasonably appropriate risk and return objective for the product over a full investment cycle. Atchison Consultants recommend that investors read the detailed information in the PDS. Investors should read the Analyst Interest and Certification, Warning (General Advice Only) and Disclosure (Commissioned Research) at the end of the Report. Investors should contact Folkestone for a copy of the Report.

As at 31 March 2015, the Fund’s investments comprised 18 ASX listed securities totalling 96.7% of the portfolio. Of these, 14 securities were constituents of the S&P/ASX 300 A-REIT Index with the remaining 4 being Ex Index securities. The remaining 3.3% of the portfolio was held in Cash/Liquid investments.

About Folkestone 

Folkestone (ASX:FLK) is an ASX listed real estate funds manager and developer providing real estate wealth solutions. Folkestone’s funds management platform, with more than $870 million under management, offers listed unlisted real estate funds to private clients and select institutional investors, while its on balance sheet activities focus on value add and opportunistic (development) real estate investments.

About Folkestone Maxim

Folkestone Maxim Asset Management is a wholly owned subsidiary of Folkestone and specialises in the management of A-REIT securities.

About Atchison Consultants

Atchison Consultants was established in 2001 by Ken Atchison and consists of a team of investment professionals based in Melbourne with extensive experience in all aspects of financial markets. The principal focus of the business is the provision of advice, research and analysis across all components of managing investment portfolios by financial institutions, superannuation and insurance funds and investment managers.

To download the document, please click on the link below. 

Booodl Hits Major Product Milestone

Booodl, the Sydney-based local shopping app, hits major product milestone.

The Booodl app enables users to connect with and instant message nearby stores, will send location-based notifications when shopping list items are nearby, and facilitates in-app transactions with its ‘Tap + Buy’ feature.

Smart, location-based notifications are at the core of the product, and today marks 5,000 being sent to users in Sydney reminding them to buy products that were in the vicinity.

Other key numbers to date include:

•    Over 1,500 supported Sydney stores
•    Over 160,000 products on Booodl
•    Over 16,000 products added to users’ lists
•    Over 2,000 messages sent using the ‘Chat’ feature
•    9 in-app transactions using ‘Tap + Buy’ feature

Folkestone Announces Two New Developments

ASX Announcement, 13 MAY 2015

  • Enters into an option agreement to acquire a 3.4 hectare site at Altona North
  • Second JV with Wilmac Properties to develop strata office/warehouse/retail mews at Knoxfield

Stage 3 – Altona North 

Folkestone is pleased to announce that it has entered into an option agreement with BWP Trust and Bunnings Group Limited to purchase the former Bunnings site adjacent to Folkestone’s Millers Junction mixed use development in Altona North, Victoria.

Subject to planning approval, the 3.4 hectare parcel will be consolidated with Folkestone’s existing Stage 3 land holding of 4.4 hectares to create a substantial development opportunity which will include traditional retail, large format and social infrastructure investments.

In line with FLK’s strategy of growing its funds management platform, FLK may establish a fund to own the completed development in Stage 3 as FLK did with Stage 1 when it developed the 21,639 square metre large format retail centre known as Millers Junction Home for the Folkestone Real Estate Income Fund at Altona North.

Mr Ben Dodwell, Folkestone’s Head of Real Estate said “this provides an excellent opportunity for Folkestone to complete the final stage of its Millers Junction precinct. We are delighted with the success of Stage 1 with the opening in September 2014 of Millers Junction Home that includes Bunnings, Officeworks and other large format retailers together with the opening of Aldi in April 2015. The recent launch of Millers Junction Business which is a strata office/warehouse/retail development on the Stage 2 land will further enhance the Millers Junction precinct as a leading retail and business hub where local people can shop and work.”

Commercial Development – Knoxfield

Folkestone is also pleased to announce that it has agreed terms to enter into a second 50/50 JV with Wilmac Properties to develop approximately 85 strata office/warehouse/retail mews in Knoxfield, Victoria.

Knoxfield is 27 kilometres south east of the Melbourne CBD and the site lies within an established business park precinct with excellent access to the Eastlink and M1 Motorways.

The $30 million Knoxfield project is FLK’s second with Wilmac, the first being Millers Junction Business in Altona North. Wilmac are an experienced developer with a successful track record in delivering this popular product around Melbourne.

The Knoxfield site has been acquired on deferred settlement terms (April 2016) and together with the multi-stage project will result in relatively low funds employed by FLK of approximately $2.1 million.

Mr Dodwell said “We are excited about partnering with Wilmac again on our second strata office/warehouse/retail mews development. The project will provide small-medium businesses in Melbourne’s east with excellent accommodation, close to nodes of commercial activity and at a very competitive price, especially in the current low interest rate environment”.
“Our first JV with Wilmac at Millers Junction Business in Altona North has started well with 66% of the first stage pre-sold with construction expected to commence in September 2015” said Mr Dodwell.

About Folkestone

Folkestone (ASX:FLK) is an ASX listed real estate funds manager and developer providing real estate wealth solutions. Folkestone’s funds management platform, with $870 million under management, offers listed and unlisted real estate funds to private clients and select institutional investors, while its on balance sheet activities focus on value‐add and opportunistic (development) real estate investments. www.folkestone.com.au

To download the document, please click on the link below.

OzForex Member Benefits for Wholesale Investor Clients

Wholesale Investor recognises a growing international investment exposure and is dedicated to partnering with high value partners to support members in their international business venture.

We’re excited to announce our partnership with OzForex to bring you a range of highly competitive foreign exchange services with Preferential Rates for Wholesale Investor clients & fee free transfers.

Register with OzForex for free today to gain direct access to live rates immediately.

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In recognition of  investors, SME and corporates with international payments exposure, OzForex can assist with the following unique benefits:

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  • 24 hour online access, seven days a week
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YuuZoo Strenghtens Board With Appointment Of International Investor & Venture Capitalist

Yuuzoo, Singapore, May 12th, 2015: 

Singapore-based YuuZoo Corporation (“YuuZoo” SGX: AFC), one of the world’s first third generation social e-commerce companies has strengthened and internationalized its board with the appointment of investor and venture capitalist Ozi Amanat as an Independent Director.

The appointment of Ozi Amanat adds significant global expertise in the areas of private equity, investments, and asset management, helping YuuZoo reach out to key institutional and large family offices globally.

Ozi Amanat is the Chief Investment Officer of Singapore-based Indian conglomerate Spice Global which is involved in telecom, finance, entertainment, and technology. Aside from his new appointment at YuuZoo, Ozi Amanat is a member of the board of trustees at Silicon Valley venture firm Astia Angels and an advisory board member of social enterprise OneHope Wine, Mount Sinai Hospital, and Seeds of Peace—all of which are based in the US. He is also the founder and chairman of K2 Global, a VC firm focused on pre-IPO tech ventures.

His philanthropic work and proficiency in asset management have garnered him accolades. He won the Seeds of Peace’s Young Peacemaker Award and was nominated as CIO of the Year by the Family Office Review Awards North America.  Ozi has a degree in business from Harvard University and also serves as the Chairman of the Entrepreneur Committee of the Harvard Club of Singapore.

Commenting on the appointment of Ozi Amanat, Mr. Thomas Zilliacus, Chairman and CEO of YuuZoo, said, “I am very pleased to welcome Ozi to the YuuZoo family. His expertise in the areas of asset management and investments are valuable assets as we grow the YuuZoo brand globally.

YuuZoo is building a very strong management team with vast international experience and a strong proven track record, with senior members who have built and managed leading global billion-dollar companies. We are expanding and restructuring our board so that it can support our management with expert advice in key areas, as we build YuuZoo into an international market leader.”

For investor queries, please contact:

Sabrina Tay
Head of Investor Relations
Email: sabrina.tay@yuuzoo.com

ABOUT YUUZOO®:

Headquartered in Singapore and listed on the SGX mainboard (SGX: AFC), with access to over 85 million registered users and over 800 million TV viewers in 164 countries, YuuZoo in a unique way combines social networking, e-commerce, gaming and payments in a mobile-optimized, fully localized virtual shopping mall, where the consumer can access hundreds of targeted social networks, targeted shops and targeted entertainment through one single login. All networks are localized for each market as comes to language as well as merchandise and design. To see the networks, log into: www.yuuzoo.com and www.yuuzoo.cn  For more information about the company, please log on to: www.yuucorp.com or www.yuuinvestor.com.

Connexion Awarded Major Contract with USA-Based Multinational Automaker

11 May 2015, Melbourne, Australia

 Connexion Media Limited (ASX:CXZ) has been awarded a contract with a major USA-based automaker as the supplier for a new small business vehicle management service based on the Flex service.

The introduction of the customised Flex service is expected later this year. The USA-based automaker will offer the service throughout the USA via its dealer network, which has in excess of 4,000 locations.

The automaker will pay Connexion to customize the existing Flex service to meet their market requirements. The subscription-based service is expected to launch in the last quarter of 2015. Any revenues generated from the service will be shared between the automaker and Connexion.

“This is a great result for Connexion shareholders as it potentially opens up our biggest revenue channel to date.” said Mr George Parthimos, CEO & Managing Director of Connexion.

Flex was formally launched in March in Australia on a subscription basis. Connexion has already signed up a small number of paying subscribers.

Flex is a new high tech remote vehicle management system that provides the ability to manage an entire fleet of vehicles from a central control point using cellular mobile connectivity. It provides tracking information so key performance indicators can be assessed including customised reporting.

Flex is able to track a range of real time and historical data including vehicle locations, distance travelled, fuel consumption, battery life, engine performance and absolute and average speeds travelled. It is also able to monitor driver behaviour and instantly send notifications and alarms to vehicle owners and fleet managers.

For more information on Flex visit: www.flexvs.com

About Connexion Media
Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a sales office in Cambridge UK.

About Flex
Flex is a cloud based, integrated vehicle management system that gives you control over your entire fleet of cars, trucks and other vehicles from a central point. It simultaneously tracks – in real time – all key performance indicators of your vehicles such as geo-location, fuel, distance, engine, and speed. It also helps improve productivity, driver behavior, and increase awareness of vehicle or fleet performance.

www.flexvs.com

Castle Point Ranger Monthly Fact Sheet May 2015

The latest Ranger Fund monthly Fact Sheet is now available. Please click here to view.

The Ranger Fund is a high conviction portfolio of New Zealand and Australian listed companies. The Fund’s objective is to provide equity-like returns over the long run while minimising exposure to extreme share market fluctuations. During periods of market stress, the fund will seek to preserve capital by preserve capital by holding significant amounts of cash and bonds, shorting individual shares, selling index futures contracts and/or buying index put options. The Fund will not be levered or net short.

During April the performance of the Ranger Fund was negatively impacted by the performance of Boom Logistics, Swick Mining Services, Corporate Travel Management and Macmahon Holdings. The Fund benefited from positive performance by Wellcom Group, Vista Group International, Touchcorp and Paperlinx Trust. During the month the Fund maintained its current positions.

To download the full document, please click on the link below. 

Troozi Opens its Series A Capital Raising for $1.5m

Troozi is pleased to be opening the Series A raise for Troozi to Australian Investors today. The round is for $1.5m and limited to 8,500,000 shares at $0.18.

The model is planned around 2 subsequent raises of $3.0m ( Series B, Nov 2015 ) and $3.5m ( Series C, April 2016 ) naturally at higher prices.

Troozi has had a great response with pre-registrations both here and in Asia so would be happy to discuss any questions or details with interested parties as soon as possible

The business has been tracking well against all key forecasted metrics and as you may have read this week, India continues to provide one of the most exciting tech opportunities for startups globally right now, there is an interesting article from the AFR just this week if you missed it.

We anticipate the offer closing fairly quickly.  Should you wish to apply for the Series A, please advise as soon as possible.

To download the Troozi Investor Briefing or the Information Memorandum documents, please click on the links below. 

Bulletproof Investor Presentation May 2015

ASX Announcement, 6th May 2015

Bulletproof Group Limited (ASX:BPF)  is a publicly listed company with offices in Sydney and Melbourne, Australia, and California, USA. Bulletproof Group shares are listed on the Australian Securities Exchange (ASX) and are traded under the code BPF.

Founded in 2000, Bulletproof is the leading cloud services provider to business, enterprise and government customers. Bulletproof has consistently been first to market with public and private cloud based services and innovations. Bulletproof was the first company in Australia to launch a public cloud service in 2006 and the first to launch a managed Amazon Web Services (AWS) offering in 2012. Bulletproof became an AWS Premier Consulting partner in 2013 and was re-certified in 2014. Bulletproof’s recent acquisition in the Cloud Consulting space has further enabled the company to help companies leverage the cloud as they disrupt their market, by simplifying the complexity of cloud and enabling its customers’ rapid transformation.

Please click on the link below to download. 

Disclosure Of Interest / Changes In Interest Of Directors / Chief Executive Officers of iFast

iFAST Corporation Ltd. (“iFAST Corp”) is an Internet-based investment products distribution platform. Listed on the SGX-ST Mainboard, iFAST Corp provides a comprehensive range of services, including investment administration and transactions services, research and trainings, IT services and backroom functions to banks, financial advisory firms, financial institutions, multinational companies, as well as investors in Asia. The company is also present in Hong Kong, Malaysia and China.

The following announcements have been uploaded into iFAST Corporation Investor Relations website:

iFast Announces Employee Stock Option / Share Scheme

iFAST Corporation Investor Relations Announcement, 4th May 2015

The Board of Directors of iFAST Corporation Ltd. (the “Company”) wishes to announce the grant of share awards pursuant to the iFAST Corporation Performance Share Plan (“iFAST PSP”). Details of the grant of share awards as follows:

(a) Date of Grant : 1 May 2015

(b) Number of share awards granted : 70,500

(d) Market Price of shares on date of : $ 1.365 grant

(e) Number of share awards granted to each director and controlling shareholder (and each of their associates), if any:
A total of 70,500 shares were granted to the following Directors:

- Lim Wee Kian: 7,100
- Low Huan Ping: 9,300
- Ling Peng Meng: 10,400
- Yao Chih Matthias: 15,900
- Ng Loh Ken Peter: 14,600
- Kok Chee Wai: 13,200

(f) Vesting period of the share awards : Approximately One-third of the share awards will vest after 2 years from date of grant. Approximately Two-third of the share awards will vest after 3 years from date of grant.

To download the full document, please click on the link below. 

3rd Party Report Confirms Economic Advantages of Leaf Resources Glycell Process

ASX Announcement, 6th May 2015

Highlights:

  • Report confirms an almost 30% cost advantage of GlycellTMprocess over NREL dilute acid (full costing basis before co-products allowance)
  • Advantage increases to almost 60% when co-products are included
  • Full cost of production for GlycellTM $151/t compared to dilute Acid $363/t
  • Report predicts GlycellTM process to have a 25% capital advantage over dilute acid
  • At $151 per tonne Leaf Resources’ GlycellTM sugars could economically replace corn starch as a feedstock for ethanol production

Leaf Resources recently commissioned a report from ResourceInvest Pty Ltd to independently compare Leaf Resources’ GlycellTM process with a dilute acid pretreatment process as described by National Renewable Energy Laboratory (NREL). The executive summary of that report stated:

Leaf Resources ’ GlycellTM pretreatment process offers compelling cost advantages over current practice dilute acid pretreatment.

Our modelling takes dilute acid process economic data from the US Government’s National Renewable Energy Laboratory (NREL) and compares it with the GlycellTM process to determine a minimum sugar selling price (MSSP). Sugars are an intermediate product in the formation of biofuels or biochemical products, and the MSSP represents one of the major costs in this production stream.

The NREL process uses a corn stover biomass feedstock. We have assumed a comparable bagasse biomass feedstock for the GlycellTM process.

The conversion efficiencies achieved by the GlycellTM process offer almost a 30% cost advantage in sugar production compared with our normalised NREL sugar production model.

The GlycellTM sugar price is US$219 per tonne compared with US$301 per tonne for the normalised NREL model, or a 27.3% cost advantage, on a pre return on investment and capital allowance basis. On a post return on investment and capital allowance basis the cost advantage is $269 to $384 per tonne, or 29.9%. This cost differential is also before any allowance is made for co-product credits, which in the GlycellTM case may be substantial.

A viable lignin co-product stream from the GlycellTM process, where lignin is sold at US$450 per tonne, reduces the overall cost of sugar production (including a 10% return on investment and capital allowance) to US$151 per tonne compared with US$363 per tonne for the NREL model where the waste product is burnt for steam and electricity generation. This is an almost 60% cost advantage.

To read the full document, please click on the link below.

Troozi May Investor Update

Current Business Highlights

  • Troozi reached the milestone of 100,000 members in April
  • Series A opens in Australia with a $A1.5m raise this month
  • Initial interest has been strong, over 50 pre-registrations have been received to date from Sophisticated Investors in Singapore, USA and Australia
  • Android App now at 6,000 downloads following soft launch in March
  • Troozi iOS App is due for release in June
  • Troozi welcomes the Head of Product and UX to the team

Marketing Update

Troozi opens May with 108,000 members following a very successful month. Over 25% of members are now coming in from word of mouth, a positive sign that Troozi is building a loyal and engaged membership base who are now advocating the product. Troozi was also featured in some trade PR this month.

Read the write up in Online Personals Watch, the news source for the online dating industry globally - click here

Technology Update

Troozi’s Android App has now recorded 6,000 downloads following the March release. It has received positive feedback and an average rating of 4.3 (out of 5).

This month, Troozi releases a new update on the m.site and in June, the iOS App is due for release. Over 80% of member sign ups are now coming from mobile handsets.

Troozi Welcomes Alexei Petrou To The Team

Alexei has over 12 years of product management experience with companies including ninemsn, Fairfax Digital and Lloyds TSB.

Alexei has prior experience in online dating industry, he worked previously with Lija and Nikhil at RSVP. Responsible for overseeing product development, Alexei’s role included transitioning RSVP to the Fairfax network, executing the Fairfax Digital product development process and launching the VIP subscription product.

Alexei is also a successful entrepreneur, founding Australia’s first online deal aggregation platform in 2010. His company, All The Deals, now also operates in UK and US and is part of iAccelerate advanced business accelerator program. Alexei is passionate about digital business and is an active member and mentor in the Australian start-up community. He has a BSc Psychology (Hons) and post grad diploma in Information Systems.

Investment Update

The Investor presentation and Information Memorandum for Series A is available from May 7, 2015. If you are interested in receiving a copy, please email requests to John Wilson jwilson@troozi.com

We look forward to sharing more milestone updates in the next investment update.

iFAST (SGX:AIY) Announcement May 2015

iFAST Corporation Investor Relations Announcement, 30th April 2015

The Board of Directors of iFAST Corporation Ltd. (“the Company”) is pleased to announce that the Company’s wholly-owned subsidiary, iFAST Financial Pte Ltd (“iFAST Financial”) has obtained approval from the Monetary Authority of Singapore (“MAS”) to its application to extend its conduct of dealing in and providing custodial services for securities to include bonds and exchange-traded funds (“ETFs”), subject to additional licence conditions proposed by MAS.

The approval will allow iFAST Financial to broaden the range of investment products that it can distribute.

iFAST Financial is planning to commence the distribution of bonds and ETFs in Singapore during the second quarter of 2015.

To read the full document, please click on the link below. 

Bulletproof Group Ltd (ASX:BPF) CEO Interview

Bulletproof Group Limited is a publicly listed company with offices in Sydney and Melbourne, Australia, and California, USA. Bulletproof Group shares are listed on the Australian Securities Exchange (ASX) and are traded under the code BPF.

Founded in 2000, Bulletproof is the leading cloud services provider to business, enterprise and government customers. Bulletproof has consistently been first to market with public and private cloud based services and innovations. Bulletproof was the first company in Australia to launch a public cloud service in 2006 and the first to launch a managed Amazon Web Services (AWS) offering in 2012. Bulletproof became an AWS Premier Consulting partner in 2013 and was re-certified in 2014. Bulletproof’s recent acquisition in the Cloud Consulting space has further enabled the company to help companies leverage the cloud as they disrupt their market, by simplifying the complexity of cloud and enabling its customers’ rapid transformation.

Please listen to Anthony Woodward, CEO and Executive Director, to find out more.

Connexion Signs Multi-Year Contract with Major South American Vehicle Supplier

30 April 2015, Melbourne, Australia

Connexion Media Limited (ASX:CXZ), an innovator in the connected car market, has signed its first commercial contract with a South American vehicle supplier in a deal that will see the company’s miRoamer product in South American production vehicles from 2016.

The contract will see Connexion use its miRoamer radio and music service to provide a mobile phone solution for motorists. A HTML5 version of miRoamer will be pre-loaded into millions of new vehicle infotainment units purchased by the customer as part of the contract.

Commercial terms of the deal are confidential though it can be disclosed that Connexion will benefit from upfront setup fees, per-unit license fees and ongoing support service fees under the 3-year deal.

“This deal is expected to generate hundreds of thousands of dollars revenue. We expect a number of similar deals will follow in South America and elsewhere,” said Connexion Media CEO and managing director George Parthimos.

The miRoamer radio and music service app aggregates global content providers including other aggregators, global AM/FM radio services, a platinum service featuring additional options such as genre-based content and virtual storage of music.

Connexion has some direct arrangements in place providing the miRoamer service and also works through large motor vehicle company intermediaries.

About Connexion Media

Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a sales office in Cambridge UK.

About miRoamer

miRoamer is a category-leading digital media platform for vastly improved internet radio and music entertainment. It can be installed in a variety of consumer electronics including car radios, smart phones, gaming consoles, televisions and stereo systems. Users get media content from a common platform using as many electronic devices as they wish. miRoamer enables access to favourite content providers and stations as well as customising the access. miRoamer is licensed by some of the world’s big and prestigious automotive and consumer electronics companies. www.miroamer.com

CONTACT

George Parthimos, CEO & Managing Director
Connexion MediaLimited
george@miroamer.com

Rudi Michelson
Monsoon Communications
rudim@monsoon.com.au

Altech Chemicals (ASX:ATC) – March 2015 Quarterly Report

Altech appoints BFS partners and key suppliers for HPA operation

  • Seamtram appointed as Altech’s transport and logistics services provider
  • M + W Group appointed as the EPCM partner to facilitate transition from BFS to construction
  • Tialoc Group (formerly Atea) appointed as composites supplier  for Altech’s Malaysian HPA plant
  • Castle Group as mining and processing partner for Altech’s Meckering aluminous clay operation

Malaysian subsidiary incorporated for HPA project

  • Incorporation of wholly-owned Malaysian subsidiary ‘Altech Chemicals Sdn Bhd’ on January 6, 2015 to support Altech’s Malaysian-based activities

Altech produces competitive HPA results

  • Analysis of Altech’s HPA samples confirmed lower levels of impurities compared to other HPA competitors
  • Results of test work incorporated into process design for further optimisation

Change of registered address 

  • New registered office address: Suite 8, 295 Rokeby Rd, Subiaco, WA 6008

 Altech secures partner to fund bulk kaolin study 

  • Altech signed MOU with Dana Shipping to fund ~$100,000 bulk kaolin scoping study
  • MOU provides a First Option over 10Mt of kaolin for a $1m share placement and 2% gross sales royalty
  • Second Option for a further 10Mt of kaolin, for an additional $1m share placement and 2% gross sales royalty

$815,000 received from R&D advance loan facility 

  • Advance of $815k  provides immediate funds equivalent to forecast R&D tax rebate for 2014/2015 year
  • Funds will allow Altech to accelerate its BFS and ongoing R&D activities

Shareholder update

  • Shareholders were invited to attend an Altech presentation my managing director Mr Iggy Tan on Wednesday 1 April, 2015
  • Iggy Tan discussed how the Company could benefit from new electronic products incorporating artificial sapphire such as the Apple Watch

Altech commences permitting process HPA plant in Malaysia

  • First stage of process involves the Preliminary Site Assessment (PAT)
  • Altech’s HPA plant is designed to meet both international and Malaysian standards

To read the full document, please click on the link below. 

Martin Aircraft (ASX:MJP) to Increase Navigation and Flight System Capabilities

ASX Announcement, 30th April 2015

Martin Aircraft Company Ltd (ASX:MJP), is pleased to announce that it has entered into an agreement with Spanish based company UAV Navigation to develop advanced flight control avionics and motion processing solutions for potential use in the Martin Jetpack.

Part of Martin Aircraft Companies design philosophy is the pursuit of excellence, we seek to work with those who can deliver world best practice and solutions. UAV Navigation is a privately-owned company that specializes in  the design of flight control systems and motion processing modules that are used in a wide range of Remotely Piloted Aircraft Systems (RPAS) – also known as Unmanned Aerial Vehicles (UAV) or ‘drones’.

The cornerstone of UAV Navigation Company’s success of comprehensive, in-house capability to develop Attitude & Heading Reference Systems (AHRS), flight control algorithms and to fuse the data provided by multiple sensors including GPS, airspeed, magnetometers, gyroscopes, and accelerometers.

By providing a complete flight control system and autopilot function, the Martin Aircraft is going to be able to deliver manned or unmanned capabilities to customers with a potential for unmanned “over the horizon” operations.

Martin Jetpack’s manned capability gives it a competitive advantage in key markets: first responder, military, commercial and recreation. In addition as a heavy lift Vertical Take-off and Landing (VTOL) unmanned air vehicle (UAV), the Martin Jetpack has a significant operational advantage being able to carry commercial payloads of up to 120kgs.

To read the full document, please click on the link below. 

DomaCom Feature: Fintech Delivers Mortgage-Free Property Investment

Mortgage Business, by James Mitchell & Nick Bendel

A new fintech partnership will allow investors to enter the property market without having to borrow.

Under a new agreement announced last week, DomaCom will provide the back-end online book-build process, or syndication, and compliance for properties listed by crowdinvesting site Estate Baron.

DomaCom is a ‘fractional property investment’ platform that combines online property listing with online trading. Estate Baron is a crowdinvesting site created to raise capital for opportunities in real estate.

On its website, Estate Baron proclaims: “Invest in Melbourne real estate developments for as little as $2,000.”

The partnership with DomaCom enables Estate Baron to connect smaller investors with real estate opportunities, according to co-founder Moresh Kokane.

DomaCom chief executive Arthur Naoumidis said DomaCom provides the expertise to ensure that those investors are properly serviced in a regulated environment.

“Engaging with the new phenomena of property investment, crowdfunding is another first for DomaCom and further demonstrates the flexibility of our platform model,” he said.

“Estate Baron are also breaking new ground as the first real estate equity crowdfunding site to provide investment property via a regulated product.”

The fractional investment market allows home owners – principally retirees – to sell equity in their home.

DomaCom runs a managed investment fund that allows investors to register an interest in specific properties via a book-build process.

When a book build is complete, DomaCom purchases the property, places it in a sub-fund and issues the investors with units according to their investments.

Mr Naoumidis told Alan Kohler in a February video interview that the process is a modern form of syndication.

“Every sub-fund has a five-year term,” he explained. “At the end of five years all investors vote to either renew it or not.”

The minimum investment to become a participant in the Domacom fund is $20,000, but investors can join a particular book build or syndication for as little as $2,000.

“Having put your $20,000 into the fund you can then choose to put $2,000 into 10 individual sub-funds if you wish,” Mr Naoumidis said, adding that the process allows investors to spread their risk across multiple property types and geographies.

Investors can only access the fund via a financial adviser, he said.

DomaCom successfully raised $7 million to fund the product in October last year.

Reuben Buchanan from corporate advisory firm, Axstra Capital, who assisted DomaCom in the placement, said he was surprised with the level of interest and the speed at which the group secured funding from both new and existing investors.

“The DomaCom solution to property investing is a game changer in so many aspects,” Mr Buchanan said.

“Not only is it the first platform of its kind in Australia – it is the first in the world.”

Altech (ASX:ATC) Appoints Melewar as Construction Partner

ASX Announcement, 29th April 2015

Highlights:

  • Memorandum of Understanding with Melewar Integrated Engineering Sdn Bhd
  • Part of the diversified Melewar Industrial Group Berhad (MIG-Melewar)
  • Construction services for buildings and steel works, civil works, roads and site infrastructure

Altech Chemicals Limited (Altech/the Company) (ASX: ATC) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with Malaysian engineering and construction group Melewar Integrated Engineering Sdn Bhd (Melewar), appointing it as construction contractor for Altech’s proposed high purity alumina (HPA) processing plant in Johor Bahru, Malaysia.

Melewar is a leading multi-disciplinary engineering firm and offers one stop solutions to industrial planning, project engineering, development, construction and management. Melewar is part of the diversified Melewar Industrial Group Berhad, which is listed on “Bursa Malaysia” (Malaysian Securities Exchange), and is one of the largest downstream steel manufacturers in Malaysia.

The MOU provides for Melewar to supply construction services for buildings and steel works, civil works, roads and site infrastructure for the Company’s proposed HPA plant. Melewar operates various steel fabrication facilities in Malaysia, and is experienced at the efficient and cost effective pre-fabrication, then on-site assembly and erection of steel structures and equipment. Melewar will be working for the EPCM partner, M+W Group who were appointed on 10 March 2015.

Commenting on the appointment of Melewar by the Company, Altech’s Managing Director, Iggy Tan explained:
Our strategy to appoint key high quality contractors for the HPA project continues. Specifically, Melewar have extensive construction experience in Malaysia. Melewar has the capability to deliver turnkey structural steel fabrication and erection for the HPA project at competitive pricing without compromising quality or time.

About Altech Chemicals (ASX: ATC)

Altech Chemicals Limited (Altech/the Company) is aiming to become one of the world’s leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al O ). HPA is a high-value product because it is the major source material for scratch-resistant artificial sapphire glass. Sapphire glass is used to produce a range of high-performance electronic applications such as LEDs, semi-conductors, phosphor display screens, as well as new emerging products such as smartphones and tablet devices. The global HPA market is approximately 19,040tpa (2014) and is expected to at least double over the coming decade.

Current HPA producers use an expensive and highly processed feedstock material such as aluminium metal to produce HPA. Altech produces 4N HPA directly from an ore feedstock, aluminous clay, from its Meckering deposit in Western Australia. The Company is now advancing a Bankable Feasibility Study (BFS) to develop a full-scale 4,000tpa HPA production facility. The Altech process employs conventional and proven “off-the-shelf” plant and technology to extract HPA from its low-cost and low-impurity aluminous clay feedstock, which results in lower operating costs.

Altech is a chemical processing group focused on creating a high-margin product to meet the growing global demand for the next generation of high-performance technologies.

To download the full document, please click on the link below. 

Proteomics (ASX:PIQ) Secures Analytical Services Contract in Bio-similars Market

ASX Announcement, 28th April 2015

Highlights:

  • Proteomics International Laboratories has secured a significant Analytical Services contract with a major Middle Eastern-based biopharmaceutical company.
  • The client is a major producer of bio-similars, or generic drugs, across a wide spectrum of diseases.
  • PILL will provide analysis of the client’s bio-similar drugs to provide quality control and comparability of product.
  • This is PILL’s largest single contract in the massive bio-similars market to date.
  • PILL’s proteomics-based technology platform tests and validates the protein composition of a wide range of products.
  • Has major application in the bio-similar market – generic drug manufacturers aim to have compounds validated against the blockbuster drugs they seek to replace as they come off patent.
  • 12 protein-based drugs with combined revenue of $50b will come off patent by 2017.

Emerging life science company Proteomics International Laboratories Ltd (ASX: PIQ) (the Company, PILL) is pleased to announce that it has secured a significant Analytical Services contract with a major Middle Eastern-based biopharmaceutical company.

The biopharmaceutical company is a major producer of bio-similars ( generic drugs) across a wide spectrum of treatment targets, including blood disorders and multiple types of cancers.

Under the terms of the contract, PILL will utilise its state-of-the-art proteomics technology platform to provide analysis of the biopharmaceutical company’s bio-similar drugs to prove comparability of its drug against the patented version and to provide quality control of its different batches.

The Company will specifically provide extensive structural and physico-chemical analysis of the client’s bio-similar drug. The US FDA recently issued new guidelines recommending generic drug manufacturers undertake such testing to prove fingerprint-like similarity prior to moving into clinical trials.

This is a major contract for PILL’s Analytics division and represents its largest single contract in the massive bio-similars market to date. The client biopharmaceutical company has a number of other bio-similar drugs in its pipeline, which offers the potential for PILL to secure additional contracts of similar size in the future.

PILL’s Analytical Services division and Bio-similars

The Analytical Services component of PILL’s business is built around its proteomics-based technology platform’s ability to test and validate the protein composition of a wide and varied range of products.

It has major application in the generic drug market (bio-similars), with manufacturers of generic drugs seeking to have their compounds validated as a like-for-like product against the blockbuster drugs they seek to replace as they come off patent. Twelve protein-based drugs with combined revenue of $50 billion will come off patent by 2017.

The composition of these bio-similars requires rigorous testing prior to receiving regulatory approval for commercial use and PILL offers one of the only accredited laboratories in the world for this type analytical testing.

This contract further adds to PILL’s rapidly growing client portfolio in its Analytical Services division and comes after the Company last week announced a significant contract with The a2 Milk Company Ltd to provide protein analysis for its a2 Milk branded products.

PILL managing director Dr Richard Lipscombe said:

We are delighted to enter in to this major contract, which is the largest single contract in the bio-similars space that the Company has secured to date. Our market-leading technology platform allows us to quickly and accurately validate and confirm the composition of generic drug compounds, and we see the massive bio-similar market as a significant growth area in the Analytical Services area of our business.”

PILL listed on the ASX on 16 April 2015 after completing a successful IPO which raised $3.05 million.

It is an established, revenue generating business focused on the area of proteomics – the industrial scale study of the structure and function of proteins. Proteomics is an integral part of the biotechnology and life sciences industries and plays a key role in understanding disease and biological systems. It represents a massive global market estimated to be worth $20.8 billion by 2018.

About Proteomics International Laboratories (PILL)

PILL is an emerging ASX listed (ASX: PIQ) life science company focused on the area of proteomics – the industrial scale study of the structure and function of proteins. Proteomics is an integral part of the biotechnology and life sciences industries and plays a key role in understanding disease and biological systems. It represents a massive global market estimated to be worth $20.8 billion by 2018.

PILL is recognised as a global leader in its field. It received the world’s first ISO 17025 laboratory accreditation for proteomics services, and operates from state-of-the art facilities at the Harry Perkins Institute of Medical Research in Perth, Western Australia. The Company’s business model is based on its proprietary technology platform which operates across three synergistic proteomics- based business units in massive growth markets:

1. Analytical services: Specialist contract research, analytical testing and consultancy – fee for service model.
2. Diagnostics: Biomarkers of diseases and personalised medicine – focus on diabetic kidney disease and Alzheimer’s disease. The biomarkers market is estimated to double in size to $40.8 billion by 2018.
3. Drug discovery: Therapeutic drug discovery with a focus on painkillers and antibiotics. The peptide therapeutics market is currently estimated to be worth $17 billion.

About the study of proteomics

Proteomics is the large-scale study of the structure and function of proteins. The protein make-up in our bodies differs from cell to cell and changes considerably over time. For example, a cancerous cell will have significantly different proteins to a healthy cell. Understanding proteomics can speed up diagnosis and the identification of drugs that can be used to treat diseases.

As recently as 12-15 years ago, identifying a single protein (a process called sequencing) took 24 hours, and required comparatively large amounts of highly purified sample. Today, PIQ can identify a protein in 10 seconds and complex mixtures can be quickly and accurately analysed. This drives the Company’s business model across its three areas of operation.

To download the full document, please click on the link below. 

VMob US Go-to-Market Acceleration with Microsoft

NZX Announcement, 28 April 2015

VMob today signed an agreement with Microsoft that will see an extension of Microsoft’s support for VMob .

Microsoft has agreed to contribute additional funding and resources to enhance VMob’s sales, marketing and product development program and accelerate the company’s growth and market expansion.

Already a Microsoft Gold Certified Partner, VMob makes extensive use of Microsoft Azure to deliver its unique mobile personalization platform to Fortune 500 brands and retailers around the world, including McDonald’s, 7-Eleven, Esso and Budweiser.

With VMob running natively in the Microsoft technology stack, the platform integrates seamlessly into the existing technology investments of Microsoft’s large base of enterprise clients. This gives the platform a clear advantage for these customers in delivering a quick implementation
process without additional IT overhead.

“The additional support and exposure we’re gaining from Microsoft as part of this deal will help us greatly accelerate our growth worldwide, and in particular, our expansion into the North American market.” Scott Bradley, CEO, VMob.

This new agreement extends the collaboration. As part of this extension, Microsoft will provide VMob financial support along with the provision of extra staffing and additional resources to accelerate growth. The funds will be deployed between product roadmap development, sales resources and promotional activity. In addition to the marketing contribution, Microsoft will also provide additional assistance including a joint presence at several key international events including the Mobile World Congress (Spain), Retail Live Week (UK), Inside Retail (Australia), NRF (US) and Consumer Electronics Show (US).

“As marketing teams are rapidly becoming one of the biggest users of data storage and processing resources in large enterprises, we’re looking to better service the needs of modern marketers with Microsoft services,” said Dianne O’Brien, Senior Director, Microsoft Azure “VMob is making a name for themselves in the mobile marketing space with their cloud-based SaaS marketing solution and we are excited to work with them,”

For more information please contact:
Scott Bradley, CEO VMob
Email: scott.bradley@vmoblive.com

About VMob

VMob is an end-to-end mobile personalisation platform that lets retailers and other customer- facing brands create highly personalised marketing campaigns to reach customers at exactly the right time and place – resulting in much higher conversion rates.

The VMob platform integrates with the brand’s own smartphone app to continuously collect and store a range of real-time data (including location, movement speed, local weather and nearby events), combining it with information on past transactions through its IoT platform to deliver a level of personalised content not possible with other media.

Offers, campaigns and content personalised with this data are delivered within the smartphone app, and to other channels via API connections.

VMob was founded in Auckland, New Zealand and now has offices in San Francisco, Chicago, New York, London, Tokyo and Sydney and is listed on the NZX Alternative Market (NZAX: VML).

VMob has already achieved success in worldwide markets with strong partnerships and clients including McDonald’s, 7-Eleven, Exxon, Anheuser Busch, Heart of the City, Spark New Zealand, Telkom Indonesia, Loyalty New Zealand, and Yellow Pages.

To download the full document, please click on the link below. 

Port Hills Mountainbike Park Seeks Extra Investors

By Alan Wood, Stuff, 27th April 2015

A multimillion-dollar Port Hills mountainbike park for those with a penchant for thrills should open in early October 2016.

That is the view of backer Jay Fry though for the moment he is seeking the extra investors needed to give the $25 million dollar project wings.

A confirmed $2m cash injection from the Government depends on the project meeting milestones, Fry says.

The Christchurch Adventure Park is one of a number tourism projects to get backing through the Government’s “tourism growth partnership” scheme.

The investor funds would be part of a $14.25m private equity raising to complete project financing.

These investors will include Kiwi mountain bike enthusiasts plus high net worth individuals from Christchurch. In the next few weeks the park will issue an 65 page information memorandum.

“We’ve (already) got soft commitments (from potential) which are coming in at about $10m … there’s still room for new investors so we’re looking for another $4m approximately,” Fry says.

Bank debt of about $9m has been secured, Fry says.

The longer term ownership structure for the park will be a limited partnership, known as Leisure Investments NZ LP. Investors, who will need to stump up a minimum of $100,000, would be given a degree of anonymity with the LP and be rewarded with distributions. He hopes to complete financing by the end of June.

Fry estimates that about 119,000 day tickets (including season tickets and package tickets) sold annually would enable the project to be profitable.

The park has already received Christchurch City Council consents. A company Fry is an associate of, Select Evolution New Zealand, has secured a lease on 315 hectares of forested Port Hills land between Dyers Pass, Worsleys and the Summit roads.

“The land there is topographically superb for what we are doing, and Christchurch is a city of cycles. Mountainbiking is more popular in New Zealand than any other country, 6 per cent of the population apparently mountainbike according to the International Mountain Bicycling Association.”

Fry says Select Evolution has taken a 50 year lease on forested land owned by McVicar Holdings, tied to a Christchurch family. The lease holder would get a percentage of gross sales.

“It just happened that a local mountain bike enthusiast Tim Prebble was biking in Whistler and mentioned to one of our staff that there was this great opportunity to build a park in Christchurch.

“So my co-principal Fiona Sutton, who owns Select Contracts,  came down to see McVicar to discuss the opportunity.”

He deals with legal and financial issues and stay on an executive team of Select.

The park will have a $6.5m 1.8 kilometre purpose-built lift rising 1427 vertical feet and operating by August 2016, Fry says. There will be 120km of bike trails along with food, beverage and retail areas and $4m of on-site accommodation.

The lift with four man chairs is being manufactured in Austria, though racks to hold bikes will be made locally in Lyttelton.

It will also feature a rock climbing area, zip-lines and a $2.5m 4km-long mountain coaster with a top speed of 80kmh. There would also be “pump” or undulating tracks for bike riders that would be available free to Christchurch residents. Residents would also get a discount on a season pass.

Fry said the park was predicted to bring economic benefits to Christchurch including at least 30,000 additional tourist-based bed nights each year. It would generate 90 full-time and 40 part-time equivalent jobs.

Select Contracts, formed in 1978, was a global consultancy group with corporate offices in Whistler, Dubai and the United Kingdom and operations it oversaw included a Wadi kayak-surf-adventure park in the United Arab Emirates.

Based in Vancouver, Fry first visited Christchurch about four years ago and says he has spent a lot of the last nine months working on the project he has also invested in. His company is Imisol Ltd. “It’s going to be the best and biggest mountain bike park in the southern hemisphere.”

He describes himself as a venture capitalist who has also worked in investment banking, property development.

In future years the park was expected to attract international mountain bike events.

Initially Fry talked through his ideas with Gerry Brownlee and the Canterbury Earthquake Recovery Authority (Cera), both supportive of his ideas.  To date about $4m had been invested by Fry and Select.

The Government will provide half the cost towards certain projects within the park, up to its limit of $2m funding, Fry says.

Troozi Reaches Membership Milestone of 100,000

22nd April 2015

Troozi, an online dating platform customised for India, has surpassed 100,000 new members in its beta phase.

‘We are really excited to have reached this milestone and to be watching the interest and momentum building in the business month on month’ said Lija Wilson, Founder and CEO of Troozi.

So far, Troozi has conducted marketing trials in 10 cities in India utilising digital performance channels with the cost of acquisition remaining stable.

‘Our proof of concept phase and the trials we have conducted to date have provided us with immense confidence in the model and our ability to scale the membership base nationally in India with increased investment in marketing’ Wilson continued.

Troozi is now set to embark on the next phase of product development. The Android App was released in India in March and has recorded over 3,000 downloads. (Over 90% of the smart phone market in India use the Android platform). The mobile site and web platform are currently undergoing iterations and the Troozi iOS App is also scheduled to go live in June.

Troozi will be presenting at the Wholesale Investor Melbourne and Sydney Showcase events ( May 6, Melbourne and May 15, Sydney ).

For further information or to arrange a time to meet the team, please contact Lija Wilson via lija@troozi.com

Proteomics International Laboratories (ASX:PIQ) Secures Contract with The a2 Milk Company

ASX Announcement, 23 April 2015

Highlights

  • Proteomics International Laboratories has secured a major new analytical services contract with The a2 Milk Company.
  • PILL will provide protein analysis for the a2 Milk brand of fresh milk products to validate protein composition and for quality control purposes.
  • The initial contract period is for 12 months.
  • The a2 Milk Company is the manufacturer of the high quality a2 Milk branded dairy products.
  • PILL’s Analytical Services business is built around its proteomics-based technology platform’s ability to test and validate protein composition of a wide range of products.
  • Proteomics is an integral part of the life sciences industry and plays a key role in understanding disease and biological systems.
  • It is a massive global market estimated to be worth $20.8b by 2018.
  •  This contract adds to PILL’s rapidly growing Analytical Services customer base and provides further validation of its global, market leading analytics capabilities.

Emerging life science company Proteomics International Laboratories Ltd (ASX: PIQ) (the Company, PILL) is pleased to announce that it has secured a new major analytical services contract with global diary company, The a2 Milk Company Limited (ASX: A2M, NZX: ATM) (a2 Milk).

Under the terms of the contract, PILL will utilise its state-of-the-art proteomics technology platform to provide analysis of protein in a2 MilK branded fresh milk products to validate protein composition and for quality control purposes.

The Company will specifically test for the presence of beta casein variant proteins in a2 Milk’s products on a daily basis. The initial contract period is for 12 months.

a2 Milk is the manufacturer of the high quality a2 Milk branded dairy products and has a significant market presence in Australia and New Zealand, and established operations in China and the UK. It has recently launched into the US market.

Background on the a2 Milk™ brand
a2 Milk is naturally occurring cows’ milk from stock that only produce the A2 beta-casein protein,

and not the A1 protein. It is an entirely natural and pure cows’ milk, which involves no technological
processes or genetic engineering.

Historically all domesticated cows produced only the A2 beta-casein-type protein, but as a result of a genetic mutation in European herds, the A1 milk protein emerged and subsequently spread throughout the world in modern farming. The a2 Milk brand is the only cows’ milk in Australia that is completely free from the A1 beta casein protein.

PILL is delighted to be in a position to provide its market leading analytical services for a2 Milk’s premium dairy products. PILL’s commitment to excellence and its position as a recognised global leader in the field of proteomics makes it an ideal partner and service provider for a2 Milk.

About PILL’s Analytical Services division
The Analytical Services component of PILL’s business is built around its proteomics-based technology platform’s ability to test and validate the protein composition of a wide and varied range of products.

It has extensive application in the generic drug market (biosimilars), with manufacturers of generic drugs seeking to have their compounds validated against the blockbuster drugs they seek to replace as they come off patent. Twelve protein-based drugs with combined revenue of $50 billion will come off patent by 2017, and PILL offers one of the only accredited laboratories in the world for this type analytical testing.

This contract with a2 Milk adds to PILL’s rapidly growing client portfolio in the Analytical Services area of its business. The Company continues to expand its Analytical Services customer base and will provide details on additional new contracts as they come to hand.

PILL managing director Dr Richard Lipscombe said:
We are delighted to enter in to this contract with The a2 Milk Company to analyse the protein composition of their premium dairy products. Truth-in-labelling is an area of growing consumer concern and the ability to work with such a high-end company with a clear focus on delivering a unique, high-quality product provides further validation of our global, market leading analytics capabilities. The a2 Milk Company represents an ideal client for PILL and we look forward to working with them in a collaborative fashion to help them deliver a consistent high-quality product moving forward.

PILL listed on the ASX on 16 April 2015 after completing a successful IPO which raised $3.05 million. It is an established, revenue generating business focused on the area of proteomics – the industrial scale study of the structure and function of proteins. Proteomics is an integral part of the biotechnology and life sciences industries and plays a key role in understanding disease and biological systems. It represents a massive global market estimated to be worth $20.8 billion by 2018.


 

 

About Proteomics International Laboratories (PILL)
PILL is an emerging ASX listed (ASX: PIQ) life science company focused on the area of proteomics – the industrial scale study of the structure and function of proteins. Proteomics is an integral part of the biotechnology and life sciences industries and plays a key role in understanding disease and biological systems. It represents a massive global market estimated to be worth $20.8 billion by 2018.

PILL is recognised as a global leader in its field. It received the world’s first ISO 17025 laboratory accreditation for proteomics services, and operates from state-of-the art facilities at the Harry Perkins Institute of Medical Research in Perth, Western Australia. The Company’s business model uses its proprietary technology platform which operates across three synergistic proteomics-based business units in massive growth markets:

1. Analytical services: Specialist contract research, analytical testing and consultancy – fee for service model.

2. Diagnostics: Biomarkers of diseases and personalised medicine – focus on diabetic kidney disease and Alzheimer’s disease. The biomarkers market is estimated to double in size to $40.8 billion by 2018.

3. Drug discovery: Therapeutic drug discovery with a focus on painkillers and antibiotics. The peptide therapeutics market is currently estimated to be worth $17 billion.

About The a2 Milk Company Limited
The a2 Milk Company Limited is a dual listed company (ASX: A2M, NZX: ATM) focused on building a global business based on a differentiated, premium and branded portfolio of dairy and infant formula products, supported by an integrated portfolio of intellectual property and a developing
body of scientific evidence. It has long-standing commercial relationships with farmers and independent dairy processors in Australia. Since the acceleration of growth for the a2 Milk brand in the Australian market, its milk consumption has steadily grown. It also has operations in China, the UK and the USA.

About the study of proteomics
Proteomics is the large-scale study of the structure and function of proteins. The protein make-up in our bodies differs from cell to cell and changes considerably over time. For example, a cancerous cell will have significantly different proteins to a healthy cell. Understanding proteomics can speed up diagnosis and the identification of drugs that can be used to treat diseases.

As recently as 12-15 years ago, identifying a single protein (a process called sequencing) took 24 hours, and required comparatively large amounts of highly purified sample. Today, PIQ can identify a protein in 10 seconds and complex mixtures can be quickly and accurately analysed. This drives the Company’s business model across its three areas of operation.

To download the full document, please click on the link below.

mm2 Launches Movie Makers Short Film Competition in Collaboration with FOX

23 April 2015, Singapore

mm2 Entertainment Pte. Ltd., a wholly-owned subsidiary of Singapore Exchange-listed mm2 Asia Ltd. (“mm2 Asia”), announced today that it will launch the Movie Makers Short Film Competition (我要当导演) in Singapore, together with FOX International Channels’ (“FIC”) flagship Chinese movies channel, SCM (衛視電影台). This competition is an initiative aimed at developing new talent in the local film industry as well as providing aspiring directors with opportunities to showcase their potential.

“You reap what you sow. For the local film industry to grow and be dynamic, we need to nurture and cultivate young talents,” said Mr Melvin Ang, CEO of mm2 Asia, “Short films are one of the best platforms for aspiring film directors to showcase their talent. This competition will give them a chance to be seen and heard by the most respected movers and shakers in the region’s film industry.”
FIC’s spokesperson, Ms. Cora Yim, Senior Vice President of Chinese Entertainment and Territory Head of Hong Kong said, “SCM is excited to be a part of this meaningful project. We look forward to helping develop and groom creative, young talent for the future of Singapore’s local film industry.”
A panel of regional judges will pick the top 3 winners. The panel comprises of acclaimed film practitioners; Singaporean directors Jack Neo (Ah Boys to Men series) and Eric Khoo (My Magic), Malaysian director Chiu Keng Guan (The Journey), Taiwanese director Raymond Jiang (Café. Waiting. Love) and Hong Kong award-winning actor-producer Gordon Lam (Gallants).
“After so many years of making movies, it is my pleasure to play a part in helping aspiring new directors make their dreams come true,” said Gordon Lam.

“I am excited by the idea of this regional competition as I started off making short films. I look forward to the judging and hopefully I will discover some gems along the way,” said Eric Khoo.

“I enjoy watching short films. Every time I find interesting and touching short films at the festivals, I get very excited,” said Taiwanese director Raymond Jiang. “I hope this short film competition will bring me on another amazing trip.”

The three winners will be awarded cash prizes. There will also be products sponsored by Canon Cinema EOS Systems. The total value of the prizes amount to over S$20,000. The winning films will also be broadcasted in Singapore on FIC’s leading premium Chinese movies channel SCM. In addition, one of the winners will be given the opportunity to produce a feature film with mm2 Entertainment.

“Most world class film directors had humble starts from short films and I look forward to the emergence of future great directors from this competition,” said Chiu Keng Guan.

“I strongly believe in supporting short film competitions, because this is a good place to discover directors and actors with great potential,” said Jack Neo. “Singaporeans should band together to support our own local talents and films.”

Movie Makers Short Film Competition (我要当导演), is open to all Singapore Citizens and Permanent Residents who are 18 years of age as of 1 June 2015. Submissions start on 1 June 2015, Monday and ends on 31 July 2015, Friday.

Each short film entry must be solely produced for Movie Makers Short Film Competition (我要当导演) and must not be available elsewhere or entered into any other film competitions. The film duration must be under 10 minutes.

Ten finalists will be selected for the Awards Night scheduled in early September 2015, with the top 3 winners announced on the night itself. Details will be released closer to date.

Terms and conditions of the Competition and application forms are available at www.mm2moviemakers.com

Applications forms are to be submitted to entry@mm2moviemakers.com.

Movie Makers Short Film Competition (我要当导演) is organised by mm2 Entertainment Pte Ltd and FIC; Presented by Canon Cinema EOS Systems, with StarHub as the Main Sponsor.

About SCM

SCM (衛視電影台) (formerly known as STAR Chinese Movies) is the no. 1 Chinese movies channel in Asia and is the premier destination for lovers of blockbuster Chinese cinema, with more than 1,000 titles in its film inventory. SCM is dedicated to providing first-run, premium content as well as cutting-edge advanced services. Premiering box-office hits from Hong Kong, Mainland China and Taiwan, SCM guarantees exclusives from top Chinese and Asian producers and major studios such as Emperor Motion Pictures, Media Asia, Pegasus and Fortune Star. In addition to hit movies, SCM also offers a powerful combination of live events, major concerts and acclaimed Asian documentaries in Cantonese or Mandarin with Chinese and English as well as Bahasa Indonesia and Thai subtitles. This unrivalled content together with HD viewing, a VOD service and a market-leading online catch-up service called SCM Play, the channel provides an unmatched entertainment experience.

About FOX International Channels

FOX International Channels (FIC) is 21st Century FOX’s international multi-media business. FIC develops, produces and distributes 300+ wholly- and majority-owned entertainment, sports, factual and movie channels in 45 languages across Latin America, Europe, Asia and Africa. These networks and their related mobile, non-linear and high-definition extensions reach over 1.725 billion cumulative households worldwide. In addition, FIC acquires, develops, produces and co-produces scripted and non-scripted programming for its linear and digital platforms including the Golden Globes nominated hit series The Walking Dead, The Bridge and Da Vinci’s Demons.

In Asia Pacific and the Middle East, FIC’s portfolio includes 30+ channel brands across all genres on both linear and non-linear platforms, including FOX Sports, FOX, National Geographic Channel, and SCM (formerly STAR Chinese Movies). As the region’s leading broadcaster, FIC reaches more than 580 million cumulative homes with offices in Hong Kong, China, Taiwan, Japan, Korea, Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam, India, Australia and the UAE.

For more information, please visit www.foxinternationalchannels.com.

About mm2 Asia Ltd.

Headquartered in Singapore, mm2 Asia is a producer of movies and TV/online content. As a producer, mm2 Asia provides services that cover the entire filmmaking process including securing financing, producing and distributing as well as securing advertising and sponsorship. In addition to Singapore, mm2 Asia also has a presence in Malaysia, Hong Kong, Taiwan and the PRC through its group of companies and/or strategic working partnerships.

mm2 Asia has co-produced and/or distributed in excess of 20 movies across Asia since 2008 including co-producing well-known films such as the ‘Ah Boys to Men’ series; and distributing titles such as Malaysia’s ‘The Journey’ and Taiwan’s ‘Café.Waiting.Love’.

In 2014, mm2 Asia made its debut on the Singapore Exchange Securities Trading Limited (SGX stock code: 41C), becoming the first Singapore movie production company to achieve this.

For more information, please visit www.mm2asia.com.

To download the full document, please click on the link below.

Carnegie Wave Energy (ASX:CWE) are Catching Waves and Turning Them Into Electricity

By Amy Yee, New York Times, April 22nd 2015

Off the coast of Western Australia, three big buoys floating beneath the ocean’s surface look like giant jellyfish tethered to the seafloor. The steel machines, 36 feet wide, are buffeted by the powerful waves of the Indian Ocean. By harnessing the constant motion of the waves, the buoys generate about 5 percent of the electricity used at a nearby military base on Garden Island.

The buoys are a pilot project of Carnegie Wave Energy (ASX:CWE), a company based in Perth and listed on the Australian Securities Exchange. In late February, the buoys started supplying 240 kilowatts each to the electricity grid at HMAS Stirling, Australia’s largest navel base.  They also help run a desalination plant that transforms seawater into about one-third of the base’s fresh water supply.

Renewable energy is not an urgent matter in Australia, given the country’s plentiful supplies of fossil fuels, particularly coal. But Carnegie’s demonstration project is ultimately aimed at island nations that must import expensive fuel for electricity, as well as military bases looking to bolster energy and water security.

“Island nations are all looking to be sustainable,” said Michael E. Ottaviano, chief executive of Carnegie. Wave energy could be a good fit, especially for islands where tropical clouds impede solar power or where  wind turbines disturb the aesthetics of tourist destinations.

Given the ocean’s power, wave energy seems a promising source of renewable energy. Over the last two decades, companies have developed various designs, including a snakelike apparatus with hinged joints from Pelamis Wave Power, a pioneering Scottish company that connected wave power to the grid in 2004; a tubelike device from Ocean Power Technologies of New Jersey and bobbing buoys from AWS Ocean Energy of Scotland.

But wave energy remains largely experimental. The equipment is easily damaged by relentless waves and strong storms. And there is scarcity of large investments needed to refine and test designs. In a blow to the industry, Pelamis collapsed late last year after it failed to secure adequate financing. In addition, Scottish wave energy company Aquamarine Power in December announced plans to cut jobs.

“The biggest challenge is funding,” said Mr. Ottaviano. “Any power generation product is capital-intensive. Anytime you want to test an idea, it costs millions of dollars.” Energy technologies that are mainstream today, like nuclear power, were developed for commercial use with government research and support, he said.

Carnegie’s pilot project, named Ceto 5 after the Greek sea goddess, Ceto, began with more than $30 million financing from investors and the Australian government, including $13.1 million from the Australian Renewable Energy Agency and $7.3 million from the Low Emissions Energy Development Program for Western Australia. Carnegie has been working on its Ceto technology since 1999, with cumulative investment of more than $100 million.

To battle the elements that make wave energy so difficult to produce, this technology differs from most other wave energy designs. Its buoys sit three to six feet underwater, rather than float on the surface. This  helps shield the equipment from pounding waves. Mr. Ottaviano, who grew up in Perth, near the ocean, said, “Everyone knows when you see a wave the intuitive reaction is to dive underneath.”

The constant rocking of the ocean drives hydraulic pumps that push seawater and other liquids through a pipe to a power plant nearly two miles away on Garden Island. There, the high-pressure water turns standard hydroelectric turbines, which power a generator.

To read the full document, please click on the link below. 

VMob (NZX:VML) ACMR grows by 1600% to NZ$3.2m

NZX, 23rd April 2015

VMob (NZA:VML) has today released its updated ACMR (Annualised Committed Monthly Revenue) figure of $3.181 million, calculated as at 31 March 2015.

This ACMR figure represents 1600% growth on the FY2014 figure of $0.2M. This figure also represents a 33% increase on the interim figure of $2.423M released to the market in December 2014.

Annualised committed monthly revenue (ACMR) represents contracted monthly recurring revenue (i.e. revenue which is generated from firm contracts held by the Company) as at 31 March 2015, in respect of the month of March 2015, multiplied by 12. ACMR is a key measure of growth in SaaS based businesses. This calculation does not however take into account any customer churn or the potential termination of any of the contracts which are generating the revenue.

The growth in ACMR comes off the back of several key contract wins such as the addition of McDonald’s USA. However, a number of the recent contract wins, such as the addition of 7 Eleven are not accounted for in the ACMR figure as they were still in ‘deployment’ stage as at 31 March 2015.

The continued growth of the ACMR figure sets the Company up well to capitalise on a series of key investment milestones as laid out in a roadmap presentation to investors, and disclosed to the market, in March 2015.

Key investor milestones for 2015 include:

  • Share consolidation to take place on May 7th 2015
  • Pre dual-listing private placement, and subsequent public offer of new capital in conjunction with the ASX dual listing
  • Dual listing on the ASX in Q3 2015

The Company has made significant wins while investing heavily in growing its platform capabilities over the last year. With this strong base, VMob is now well poised to build on its commercial success in 2015-2016.

VMob will look to provide the market with its audited year end results in June 2015.


About VMob 
VMob is an end-to-end mobile personalisation platform that lets retailers and other customer-facing brands create highly personalised marketing campaigns to reach customers at exactly the right time and place – resulting in much higher conversion rates.

The VMob platform integrates with the brand’s own smartphone app to continuously collect and store a range of real-time data (including location, movement speed, local weather and nearby events), combining it with information on past transactions through its IoT platform to deliver a level of personalised content not possible with other media.

Offers, campaigns and content personalised with this data are delivered within the smartphone app, and to other channels via API connections.

VMob is based in Auckland, New Zealand and is listed on the NZX Alternative Market (NZAX: VML).

VMob has already achieved success in worldwide markets with strong partnerships and clients including McDonald’s, 7-Eleven, Exxon, Anheuser Busch, Spark New Zealand, Telkom Indonesia, Loyalty New Zealand, and Yellow Pages.

Visit www.vmoblive.com for further information

 Please on click the link below to download the full document. 

Seera Signs Agreement with Hassell Studio

Seera recently announced a 3 year agreement with Hassell Studio to provide world class global sourcing. Hassell are a multi award winning global leader in high end architecture. Hassell recently won the re-architecture of Melbourne’s Flinders St Station.

Seera is a disruptive world-first cloud talent management solution that delivers unprecedented time and cost savings with accelerated recruitment, competency quantified people, workforce planning, project resource modelling, Learning and Development.

To find out more about Seera please click here to listen to their latest CEO intreview.

Martin Aircraft (ASX:MJP) to Exhibit at the 51st Paris Air Show

ASX, 21st April 2015

Martin Aircraft Company Limited (Martin Aircraft), (ASX:MJP) is pleased to announce that it has sucessfully secured a prestigious exhibition place at the 51st Paris Air Show which will ake place at Le Bourget exhibition centre, Paris, France, from 15 to 21 June 2015. The last event held in June 2013 attracted 315,000 visitors and resulted in a historic high orders for aircraft manufacturers being announced, totalling approximately $150 billion.

The International Paris Air Show, known locally as “Salon international de l’aéronautique et de l’espace, Paries-Le-Bourget” is the world’s oldest and largest air show. Establish in 1909, The Paris Air Show is arguably the world’s premier trade show for the aviation industry and its professionals. Help every 2 years it draws the biggest and best aviation companies, suppliers and users form around the world who showcase their products and services to an audience of global buyers and operators including customers in the First Responder community and Government agencies which are earmarked to be clients of Martin Aircraft following commercialisation of the Martin Jetpack.

At this year’s show Martin Aircraft will introduce to the global aviation community the latest model of the Martin Jetpack, the world’s first practical personal jetpack, with potential usage spanning search and rescue, military, recreational and commercial applications, both manual and unmanned. Over the six days of the Paris Air Show, the Martin Jetpack will be exhibited to potential global customers and suppliers, as well as simulator demonstrations being available.

Martin Aircraft’s stand will be located in a prime location in Main Hall 5 site G/249.

Further information on The Paris Air Show can be found at http://www.siae.fr/EN.htm

VMob Undertakes Share Consolidation

21 April 2015

VMob Group Limited (VMob) (NZAX: VML), a technology company operating in the mobile sector, today announced that the board of directors has resolved to undertake a consolidation of its share capital on a 25 old for 1 new share basis. The share consolidation was approved by the board of directors on 15 April 2015. Upon completion of the share consolidation, a total of 58,736,263 ordinary shares will be outstanding.

The reason for the consolidation is to prepare for an IPO on the Australian Stock Exchange (ASX) and to support the further “institutionalisation” of the share register, as previously notified to the market on 19 March 2015. One of the likely conditions of listing on the ASX is that VMob’s shares must have a market price of at least A$0.20 at the point of listing on the ASX.

It is important to note that, while the consolidation will reduce the number of shares held by shareholders by a factor of 25, the consolidation will not impact each shareholder’s relative percentage shareholding in VMob.

The indicative timetable for the share consolidation is as follows:

  • 15 April 2015 – share consolidation proposal notified to NZX in accordance with Rule 10.7.1 of the NZAX Listing Rules.
  • 21 April 2015 – share consolidation announced to the market, notice of consolidation to shareholders and Appendix 4 notice lodged with NZX.
  • 1 May 2015 – last day for trading in pre-consolidation shares on the NZAX Alternative Board.
  • 6 May 2015 – record date for the consolidation.
  • 7 May 2015 – commencement of trading in post-consolidation shares on the NZAX Alternative Board.
  • 7 May 2015 – despatch of holding statements to shareholders.

For further information please contact:
Steve Allan, CFO, VMob Group Limited, steven.allan@vmoblive.com

About VMob 
VMob is an end-to-end mobile personalisation platform that lets retailers and other customer-facing brands create highly personalised marketing campaigns to reach customers at exactly the right time and place – resulting in much higher conversion rates.

The VMob platform integrates with each brand’s own smartphone app to continuously collect and store a range of real-time data (including location, movement speed, local weather and nearby events), combining it with information on past transactions through its IoT platform to deliver a level of personalised content not possible with other media.
Offers, campaigns and content personalised with this data are delivered within the smartphone app, and to other channels via API connections.

VMob is based in Auckland, New Zealand and is listed on the NZX Alternative Market (NZAX: VML).

VMob has already achieved success in worldwide markets with strong partnerships and clients including McDonald’s, Exxon, Anheuser Busch, Spark New Zealand, Telkom Indonesia, Loyalty New Zealand, and Yellow Pages New Zealand.

Visit www.vmoblive.com for further information

Please click on the links below for further information. 

Seera Holdings Ltd CEO Interview

Seera is a disruptive world-first cloud talent management solution that delivers unprecedented time and cost savings with accelerated recruitment, competency quantified people, workforce planning, project resource modelling, Learning and Development.

It’s not your usual HR system but a revolutionary approach to complete talent management using competency frameworks.

After officially launching in late 2014, Seera is growing with 14 patent applications submitted, numerous clients and solid interest backed up with industry recognised partners in Australia, New Zealand and the UK.

Seera Holdings Ltd www.seeracloud.com  is a UK company with Australian operations and a global growth strategy based on mid-market/enterprise channel alliances and a rapid growth pure online play digital strategy from SME’s.

The board and executive team include successful industry leaders, sophisticated investors and CEO, all with a great track record.

To find out more about Seera please listen to CEO, Mr Bradley Birchall.

123gaming CEO Interview

123gaming is an award winning real-money betting operator that has overcome significant barriers to entry, and generated around $2.4 million to date.

The group has proven the concept for an innovative business model built on solid foundations of unique proprietary technology, as well as technology based customer acquisition tools and partnerships to drive low Costs Per Customer Acquisition (CPA) versus Customer Lifetime Value (LTV).

Existing revenue streams and customer acquisition tools include:

  1. a fully-legal US licensed and based online betting website called 123bet.com
  2. a unique real money bet type available online and to betting venues and racetracks across the $11bn United States horse racing betting market – the 123racing Wager.
  3. customized and fully-managed online freeplay betting contests for major racetrack and media customers/partners

In September 2014 the company soft launched 123bet.com generating around $2.1 million in online betting turnover to date, adding to around $370,000 from 123racing wagers at racetracks and OTBs (Off-track betting venues).

The Company’s goal is to become a leading social skill gaming provider to a global pools betting industry segment worth $90bn pa, utilizing existing distribution partners and further industry relationships to roll-out to five countries by 2019.

Please listen to CEO Mr Rob Earle to find out more about 123 Gaming.

New Patent Application for Leaf Resources (ASX:LER) Leads to Commercial Interest

Australian Securities Exchange Announcement, 13 April 2015

Highlights:

  • Leaf Resources has lodged a new patent application for HybritechTM – a platform for the flexible production of pulp and/or cellulosic sugars
  • The HybritechTM platform addresses a strategic focus of paper and pulp producers
  • A US focused business development campaign in the paper and pulp industry is currently underway
  • 2 Confidentiality Agreements for HybritechTM have been signed in first month
  • Leaf Resources now have a total of 10 agreements (Material transfer or Confidentiality agreements) signed Leaf Resources today launched its new HybritechTM platform for the pulp and paper industry following the lodgment of a patent application for the process last month.

The HybritechTM platform utilises Leaf Resources’ Glycell process and allows for the switching of a common equipment train, as utilised in pulp production, between pulp production and the production of cellulosic sugars for bio-products.

The process can be externally or internally integrated into chemical pulp mills. In t his way a paper and pulp producer has the option of producing cellulosic sugars for bio-products or pulp, thereby adding a new flexibility to their operations. HybritechTM is particularly suitable for companies with chemical (Kraft) pulp mill operations.

The global pulp and paper industry are the largest aggregators of plant biomass in the world, utilising soft and hard woods for pulp, paper & fibre products. A HybritechTM integrated mill can use the biomass supply available to pursue long -term sustainable and profitable strategies during ever evolving and cyclical markets in either pulp or cellulosic sugars.

Paper and pulp companies have a strong strategic interest in the emerging cellulosic sugars market. This is evidenced by recent transactions in the market such as:

• Stora Enso, a large European paper and pulp company acquired Virdia, for $62m.
• Fibria, a large South American paper and pulp company, purchased the Lignol assets from
the receiver.
• According to the receivers report to the court 19 paper and pulp companies expressed an
interest in the Lignol assets.

More and more pulp and paper companies are restructuring their businesses to include bio projects for future economic growth and sustainability. For example, UPM, a major forest products company, has restructured their organisation to what is termed Biofore, an integration of Bio and forest industries across all business sectors. This forward thinking is consistent with a strategic initiative by Leaf Resources, to introduce bio process solutions to TM the pulp & paper industry. Hybritech satisfies an emerging demand from paper and pulp companies and is a great platform for Leaf Resources to enter this sector.

Leaf Resources’ US focused market engagement campaign will be headed by Dr. Marc Sabourin, Vice President, Business Development for the America’s, who recently joined Leaf Resources after a 25 year career with Andritz (Andritz is a globally leading supplier of plant and equipment for the paper and pulp and other industries).

Over the last month, Leaf Resources has signed two Confidentiality Agreements relating to HybritechTM with paper and pulp companies in North America. Such agreements allow for a comprehensive data pack to be exchanged. North America represents the first mover market for HybritechTM as there are over 400 pulp and paper mills currently in operation. Many mills are looking for innovative solutions to add further value to their operations but which integrate and do not disrupt their main business. Leaf will present on the HybritechTM platform at the Bioenergy Deployment Consortium (BDC) 2014 Fall Symposium in Denver, Colorado on the 5 May.

Leaf Resources Managing Director Ken Richards said “Hybritech is an innovative technology approach that addresses the paper and pulp industry’s strategic requirements. It also leverages our recent executive appointment of Marc Sabourin, who has extensive experience and knowledge in the paper and pulp industry. The initial progress is really promising, with two companies engaged within a month of launching our new HybritechTM strategy.

The HybritechTM application is the third provisional patent application for the GlycellTM process.

These applications cover :

1. The conversion of plant biomass into cellulose for cellulose fibre,
2. t he conversion of plant biomass to cellulose and then to cellulosic sugars,
3. the HybritechTM patent which enables the production of either pulp or cellulosic sugars from the same equipment line.

All three patent applications are wholly owned by Leaf Resources and will enable it to commercilise the IP on a global basis. Leaf Resources has now signed a total of 10 Material transfer and/or Confidentiality agreements for the three processes which is evidence of the strong commercial interest in the Glycell suite of process technologies.”

About Leaf Resources Ltd (ASX : LER) 

In virtually every industry, consumer demand for greener more natural products is fueling a surge of interest in bio-based alternatives to replace oil based products.

Leaf Resources is commercialising the GlycellTM pretreatment technology: This is the first essential part of the process on a path to bio-based products.

The GlycellTM Process is an innovative technology that uses a low cost, recyclable, biodegradable reagent glycerol, in a simple process. This process breaks down plant biomass into lignin, cellulose and hemicellulose at low temperature and pressure.

Cellulose, a critical building block for many bio-based products, produced by the GlycellTM processes can be used directly as cellulose fibre, chemically converted to cellulose derivatives or converted to cellulosic sugars using enzymatic hydrolysis. These cellulosic sugars can then be converted to bio-based materials, bio-plastics and green chemicals, the markets for which are extremely large and fast growing.

Leaf Resources commercialisation strategy is to partner with industry leaders across the breadth of product supply chains. This will bring synergies and speed to the commercial adaption of our production process technology in a capital-efficient manner. Leaf Resources sees this path as an effective means of deployment to multiple plants in diverse settings and the opportunity to further innovation in both product and process technologies.

Contacts
Ken Richards Managing Director
Jay Hetzel Chairman

Connexion Media March 2015 Quarterly Review

17 April 2015, Melbourne, Australia:  

After its ASX listing in August 2014 Connexion Media Limited (ASX:CXZ) has generated strong news flow and sealed major deals with leading global car manufacturers for our two core products,miRoamer and Flex.

miRoamer

Our MirrorLink-enabled miRoamer Android application for radio and music services has seen solid progress since its launch at the Paris Motor Show in October 2014.

miRoamer was the first ever application to receive the Mirrorlink Global Drive certification by Connected Car Consortium. In January, miRoamer was demonstrated by Volkswagen at the Consumer Electronics Show in Las Vegas.

In March French automobile manufacturer PSA Peugeot Citroen announced it will be one of the first vehicle manufacturers to implement miRoamer through MirrorLink. MirrorLink connectivity between your smartphone and vehicle infotainment system is achieved by a simple cable connection. The music entertainment service will be rolled out in the Peugeot models 108, 208 and Partner and Citroën’s C1, Berlingo and DS 5.

To date miRoamer has had successful collaborations with renowned car manufacturers across the globe: the new Skoda Fabia, Volkswagen Group vehicles including the Polo, Passat, Passat Estate, Beetle and Beetle Cabriolet, will all have miRoamer integrated into the MirrorLink system from 2015.

In late 2014, Connexion signed its first deal with German automotive giant Continental whose Interior Division has integrated miRoamer into its infotainment systems and also signed an agreement with digital music streaming service Deezer. miRoamer also has collaborated with technology giant Samsung and leading car manufacturer General Motors Corporation, and has a license agreement with internet radio hardware manufacturer BKS Technology.

In November 2014, Samsung demonstrated the miRoamer app to attendees on the MirrorLink system at their Developer Conference in San Francisco.

Just after the quarter finished, miRoamer was approved to be integrated into all new SEAT Leon cars with the Navi System Plus. SEAT, a major Spain-based motor vehicle company operates in 75 countries and is part of the Volkswagen Group.

These deals before and after the quarter with major car manufacturers are part of an upsurge in the connected car market. Integrating miRoamer with systems like MirrorLink optimises potential to expand with more focus on the connection between the driver and the car’s capabilities through mobile connectivity and voice control.

With more potential collaborations for miRoamer in the near future, investors should expect several more announcements as we expect to cement more deals.

For more information: www.miroamer.com

Flex

In November 2014 Connexion announced the launch of Flex, our cloud-based connected vehicle management system.

Since then Flex has had a successful official launch with the Victorian Government launching it at the 18th Asia Pacific Automotive Engineering Conference in Melbourne in March. The Flex launch at Crown Promenade was part of the lead up to the Melbourne Formula 1 Grand Prix.

Opening the showcase Victoria Industry Minister Lily D’Ambrosio visited the exhibit and praised Connexion for its innovation, particularly our Flex product. The launch of Flex came after excellent results from BETA trials and was supported by online and radio promotions.

As outlined at the Connexion Media AGM in November 2014, the first phase of the Flex roll-out concentrated on Australia, China and the UK. The total addressable market for the product in Australia alone is 2.6 million vehicles.

Flex has seen steady growth since its launch and has established sales teams in Australia and UK. We are also in the process of exploring China-based sales and distribution opportunities.

Currently there are a number of established automotive manufacturers trialling Flex in the US, Asia and Europe. Connexion is engaging in cross selling using our existing (and future) vehicle manufacturers using miRoamer who are showing strong enthusiasm to trial the Flex technology.

The cloud-based system allows the consumer to manage an entire fleet of vehicles from a central point using cellular mobile connectivity. Flex is able to track key data including vehicle location, distance travelled, fuel consumption and driver behaviour. This management service instantly notifies the vehicle owner and/or fleet managers of the car’s usage through customised reporting.

For more information: www.flexvs.com

Corporate

In March, global technology operational accelerator Yonder & Beyond Group Limited completed a strategic investment in Connexion Media. The investment of $300,000 came via the purchase of 1.5 million shares at 20 cents per share from existing CXZ shareholders. This investment will see Yonder & Beyond assist Connexion with sales and marketing opportunities across the Asia Pacific region.

During the quarter, Connexion announced a non-renounceable pro rata offer of two new options for every three shares held by existing shareholder at an issue price of $0.015 per new option, exercisable at $0.20 before the expiry of 27 February 2017.

This raised $821,198 in the oversubscribed fully underwritten offer. The new options began trading on the 6 March 2015.

CONTACT

George Parthimos, CEO & Managing Director
Connexion MediaLimited
george@miroamer.com

Rudi Michelson
Monsoon Communications
rudim@monsoon.com.au

Proteomics International Laboratories (ASX:PIQ) Lists on the ASX

ASX/Media Release, 16 April 2015

ASX code: PIQ

Emerging life science company Proteomics International Laboratories Ltd (proposed ASX: PIQ) is pleased to announce it will list on the ASX at 12:00pm AWST today after successfully closing its IPO.

The strong level of investor interest in the IPO is a reflection of the major growth potential of PIQ’s world leading proprietary technology platform in the area of proteomics – the industrial scale study of the structure and function of proteins.

Proteomics is an integral part of the biotechnology and life sciences industries and plays a key role in understanding disease and biological systems. It represents a massive global market estimated to be worth $20.8 billion by 2018.

The IPO successfully raised $3.05 million, via the issue of 15.25 million shares at 20c each.

On listing the Company will have a tight capital structure, with 50.6 million shares on issue, and a market capitalisation of $10.1 million.

PIQ is an established revenue generating business founded in 2001, and recognised as a global leader in its field. It received the world’s first ISO 17025 laboratory accreditation for proteomics services, and its team operates from state-of-the art facilities at the Harry Perkins Institute of Medical Research in Perth, Western Australia.

The Company’s business model is based on its proprietary technology platform which operates across three synergistic proteomics-based business units in massive growth markets:

1. Analytical services – Specialist contract research, analytical testing and consultancy – fee for service model.
2. Diagnostics – Biomarkers of diseases and personalised medicine – focus on diabetic kidney disease and Alzheimer’s disease. The biomarkers market is estimated to double in size to $40.8 billion by 2018.
3. Drug discovery – Therapeutic drug discovery with a focus on painkillers and antibiotics. The peptide therapeutics market is currently estimated to be worth $17 billion.

The proceeds of the IPO will be used to expand and accelerate the growth of each business unit.

The Company has a substantial portfolio of clients and partners, including: CSIRO, Reliance Life Sciences, inVentive Health Clinical, Australian National University, National University of Singapore and Royal Institute of Technology in Sweden.

The Financial Adviser and Lead Manager to the Offer was Sydney-based corporate advisory firm K S Capital. Proteomics International Laboratories Ltd ABN 78 169 979 971 Box 3008, Broadway, Nedlands, WA, 6009 Australia

To read the full document, please click on the link below to download. 

Martin Aircraft IPO Transaction Case Study Video

Martin Aircraft Company has developed the world’s first practical and commercial jetpack with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned (UAV). Initially conceived by Glenn Martin, the current Jetpack has a flight time of up to 30 minutes, at a speed of up to 74 km/h and will reach an altitude up to 1,000m.

Lead by Axstra Capital, Martin Aircraft successfully closed its IPO capital raising  oversubscribed at A$27 million. Via a commitment of A$50 million by Hong Kong cornerstone investor KuangChi Science, various capital raising rounds and government grant funding, the Company has raised approximately A$69 million for the development – and now commercialisation – of the Jetpack.

To watch their journey please click on the case study below.

NewActon East Property Fund to Proceed with FY16 Distribution Forecast at 8.25%

Latest Highlights:

• Fund well received by investors. Expected to close by mid this year
• 8.25% FY16 Forecast Distribution
• Interest rates 100% hedged until 30 September 2019
• Property 100% leased
• Commonwealth Government provides 80% of property income

Placer Property is pleased to announce that the NewActon East Property Fund will proceed with an 8.25% FY16 Forecast Distribution. The increase in the FY16 Forecast Distribution is attributable to both improved property performance and lower interest costs.

Interest rates have been locked in with the financier until 30 September 2019, which provides both certainty and an increase in Forecast Distributions in FY16.

David Omond, Joint Managing Director said, “in our view, the NewActon East Property Fund is one of the most attractive unlisted property investments in the market and it has just got better. The property is 100% leased, with the ACCC providing 80% of the property income. With an 8.25% FY16 Forecast Distribution yield, the fund is very attractive when compared to current low cash rates.”

Placer Property Head of Distribution Shane Dudley said that, “we are pleased with the level of support we have received from both financial advisors and direct investors. Investors have responded positively to the quality of the property which is located in the award winning NewActon precinct of Canberra. We expect that the Fund will be closed to new investors by mid year and potentially even earlier.”

About the NewActon East Property Fund

NewActon East is located at 21-23 Marcus Clarke Street, NewActon, Canberra, and is only three kilometres from Parliament House. NewActon East is a modern mixed-use building comprising retail, offices, 32 residential apartments on the upper levels and 176 car parking spaces. The Fund has acquired the commercial part of NewActon East.

For all enquiries, please contact:
Mario Papaleo
mario.papaleo@placerproperty.com.au

About Placer Property

Placer Property Limited holds an Australian Financial Services License (AFSL 442806) by the Australian Securities and Investment Commission.

As a specialist property fund manager, the primary objective of Placer Property is to facilitate quality property investment opportunities, such as NewActon East Property Fund, for investors seeking regular and reliable income derived from the ownership of commercial property.

Placer Property draws on the skills and knowledge of senior management who are specialists in unlisted property funds management and the extensive experience of its Directors.

Placer Property is focused on Australian property investment opportunities, primarily in the office and retail sectors.

To download the full document, please click on the link below.

Prescient Therapeutics Latest Update

Prescient Therapeutics (formerly Virax Holdings) is a clinical stage oncology company developing novel targeted approaches to treat cancers of high unmet need, such as advanced breast, ovarian, multiple myeloma and acute leukemia.

The company raised A$3M in June 2014 and has in the last 6-months acquired a deep pipeline of products through strategic company acquisitions. Prescients’ pipeline includes a small molecule inhibitor PTX-100 (GGTI 2418), capable of blocking the Ras cancer pathway as well as PTX-200 (TCN-P) which inhibits the AKT pathway, another key pathway that contributes to cancer.

Together these novel drugs provide Prescient the unique ability to run five active clinical trials, within the next 12-months, at some of the worlds best Cancer Centers. The aim is to bring to provide better outcomes for cancer patients around the world.

Their recent announcements include:

To read the latest ASX documents, please click on the links below.

Prescient Therapeutics Takes Center Stage at the Roth Conference 2015

Prescient Therapeutics (formerly Virax Holdings) is a clinical stage oncology company developing novel targeted approaches to treat cancers of high unmet need, such as advanced breast, ovarian, multiple myeloma and acute leukemia.

The company raised A$3M in June 2014 and has in the last 6-months acquired a deep pipeline of products through strategic company acquisitions. Prescients’ pipeline includes a small molecule inhibitor PTX-100 (GGTI 2418), capable of blocking the Ras cancer pathway as well as PTX-200 (TCN-P) which inhibits the AKT pathway, another key pathway that contributes to cancer.

Together these novel drugs provide Prescient the unique ability to run five active clinical trials, within the next 12-months, at some of the worlds best Cancer Centers. The aim is to bring to provide better outcomes for cancer patients around the world.

To view the company’s presentation at the Roth Conference please click on the link below.

Troozi CEO Interview

Troozi is an online dating platform for modern Indian singles.

India ranks as the 3rd highest user base in the world with over 240 million internet users yet only 19% market penetration.

Cultural customisation which is relevant for India is at the heart of the product offering. Troozi has been designed to meet the specific needs of the world’s largest population of young singles.

Troozi is device agnostic with an integrated experience across web and mobile and native apps in progress. Already, 90,000 members have signed up through the proof of concept phase.

Founded by former executives of RSVP, Australia’s leading dating site, the team have their sights firmly on becoming India’s largest and most preferred meeting place for singles.

To find out more about Troozi please listen to Founder and CEO, Ms Lija Wilson.

Auto Innovations Group Ltd CEO Interview

AIN is the owner of the US patented ‘Reverse Alert’ system, which is an aftermarket Automated Emergency Braking system designed to reduce the incidence of low speed reversing accidents in vehicles. Reverse Alert is a superior alternative to existing aftermarket reversing safety options in that it over-rides driver distraction and inertia by automatically applying the vehicle’s brakes when an impact is imminent. AIN is seeking to bring this new technology to the world market.

To find out more about AIN please listen to Mr Glenn Gaudet, CEO.

Castle Point Investment Commentary – April

The latest Castle Point Investment Commentary is now available. Please click here to view or alternatively paste this link into your browser -  www.castlepointfunds.com/quarterly_commentaries

For our first Investment Commentary of 2015 there are four articles:

  • Portfolio Review and Outlook
  • First Day IPO Performance
  • Good Corporate Governance
  • Step Ladder on Everest

We start with a review of the Ranger Portfolio, recent transactions, and the current outlook. We then provide some analysis of the first day returns of New Zealand and Australian IPOs, and a review of the Corporate Governance practices that we look for as long term investors. We conclude by revisiting our previous article ‘Can Everest get taller?”.

To download the full document, please click on the link below.

mm2 Asia Acquires 51% of the Issued Share Capital of Vividthree Productions

The Board of Directors (the “Board”) of mm2 Asia Ltd. (the “Company”, and together with its subsidiaries, the “Group”) refers to its announcement on 3 March 2015.

The Board wishes to announce that its wholly-owned subsidiary, mm2 Entertainment Pte. Ltd (“Buyer”), has on 8 April 2015 entered into a sale and purchase agreement (the “SPA”) with Yeo Eng Pu, Charles, Hong Wei Chien, and Lee Hoon Hwee (collectively, the “Sellers” and each a “Seller”) for the acquisition from the Sellers of 51% of the issued and fully paid-up ordinary shares (“Sale Shares”) of the Target Company (the “Acquisition”).

DETAILS OF THE TARGET COMPANY
The Target Company is based in Singapore and is a leading player in Singapore’s three-dimensional (“3D”) animation field, specialising in 3D stereoscopic animation, 3D animation and visual effects for feature films and commercials. The Target Company also has a film production/content development arm. The clientele of the Target Company ranges from renowned advertising agencies to those from the corporate and government sectors.

The Target Company has an issued and fully paid-up share capital of S$50,000, consisting of 50,000 ordinary shares. Prior to the Acquisition, Yeo Eng Pu, Charles, Hong Wei Chien and Lee Hoon Hwee each owns 33%, 33% and 34% respectively of the entire issued and paid-up capital of the Target Company.

PURCHASE CONSIDERATION
Under the SPA, the total consideration payable for the Sale Shares is S$3,060,000 (the “Consideration”). The Consideration comprises an initial payment of S$600,000 to the Sellers upon signing of the SPA (“Initial Consideration”). The balance Consideration is payable to the Sellers in accordance with the Target Company’s achievement of the “Earn-out Amount” as described below (“Deferred Consideration”).

Earn-out Amount
In the event the Target Company’s Net Profit After Tax (“NPAT”) is equal to or exceeds S$2,000,000 (“Earn-out Amount”), based on the Target Company’s audited accounts for the financial year ending on 31 May 2016 (“FY2016 Accounts”), the Deferred Consideration is payable within three (3) months of the delivery of the Target Company’s FY2016 Accounts (“Final Completion”) and satisfied as follows:

(a) If the volume-weighted average price of the shares of the Company over 45 market days immediately prior to the date of Final Completion (“Reference Price”) is at or below S$0.35, the Buyer shall procure the Company to issue such number of Consideration Shares at
S$0.30 per share to the Sellers in order to satisfy the Deferred Consideration (“Consideration Shares”), which shall be subject to a moratorium of ten (10) months from the date of their issuance and allotment to the Sellers. For the avoidance of doubt, the Consideration Shares shall be issued to the Sellers at S$0.30 per share even if the Reference Price is below S$0.30; or

(b) If the Reference Price of the shares of the Buyer is above S$0.35 at Final Completion, Buyer shall have the option to pay the Deferred Consideration to the Sellers in cash, instead of the Company issuing Consideration Shares, together with a cash bonus which is computed
based on a factor of 5/30 of the Deferred Consideration payable. The Buyer may also elect to issue to the Sellers such number of Consideration Shares at S$0.30 per share, which shall also be subject to a moratorium of ten (10) months from the date of their issuance and allotment to the Sellers.

In the event the Target Company’s NPAT for FY2016 is less than the Earn-out Amount, the Consideration shall be proportionately reduced according to the percentage of shortfall of the Target Company’s NPAT for FY2016 against the Earn-out Amount (“Reduced Consideration”). In such instance, the Deferred Consideration shall be equal to the Initial Consideration subtracted from the Reduced Consideration. The Initial Consideration and Deferred Consideration (where not paid by the issue of Consideration Shares) will be funded through internal resources of the Group.

Basis of Consideration
The Consideration was determined based on arm’s length negotiations and arrived at on a willing- buyer and willing-seller basis. The key factor considered by the Buyer and the Company in arriving at the Consideration is the earnings and growth prospects of the Target Company having regard to its on-going and future media projects. The Consideration is based on a price-earnings ratio of three (3) times the Earn-out Amount.

Final Completion
The Buyer shall procure that the Company shall, on no later than one (1) month after every quarterly financial accounts of the Company from date of the SPA, pay such parts of the Net Realisable Cash (“NRC”) to the Sellers which is computed based on the following:-

NRC payable to Sellers = (cash in hand plus account receivables less account payables), based on the financial accounts of the Company as at date of SPA, provided that such account receivables and account payables are only those identified and agreed upon by the Buyer and Sellers on or prior to date of SPA.

The NRC as per management accounts of the Target Company at end-February 2015 was approximately S$911,000. The Company will announce the value of the NRC as at date of SPA in due course.

The Target Company shall pay the NRC to the Sellers provided that (i) an amount equal to the Excluded Property Sale Price (as defined below) less any stamp duty paid or payable by the Target Company shall first be paid by the Target Company to the Sellers as soon as reasonably practicable following completion of the sale of the property presently owned by the Target Company at 67 Ubi Road 1 #10-12 Oxley Bizhub Singapore 408730 (the “Excluded Property” sold to the Sellers at the “Excluded Property Sale Price”) from the Target Company to the Sellers (or their nominee), and the full payment of the Excluded Property Sale Price by the Sellers (or their nominee) to the Target Company; (ii) there is reasonably sufficient amount of cash retained in the Target Company such that the resulting net operating cashflow of the Company for such quarter after the date of the SPA is positive; (iii) the Target Company has already provided for a reasonable amount of provisions or write-off of its account receivables following such quarterly reviews and agreement by the Buyer and the Sellers; and (iv) the cumulative sum of such quarterly payments from the Target Company to the Sellers (not including the amount in (i) above) shall not exceed the amount of NRC computed in accordance with the abovementioned formula on the date of the SPA.

RATIONALE FOR THE ACQUISITION
This proposed strategic investment is aligned with the Group’s plans to diversify and expand into complementary business areas within the film production value chain. With this lateral extension into 3D animation services, the Board believes the Group will strengthen its competitive advantage as a movie producer and eventually gain access to new markets, customers and business opportunities.

To read the full document, please click on the link below. 

mm2 Asia To Acquire Majority Stake in Leading 3D Animation Services Company for S$3.06m

Singapore, 9 April 2015

Following a term sheet inked in March 2015, newly-listed local movie producer and distributor, mm2 Asia Ltd.(“mm2 Asia” and together with its subsidiaries, the “Group”) today announced that it has entered into a sales and purchase agreement (“SPA”), through its wholly-owned subsidiary, mm2 Entertainment Pte Ltd (the “Buyer”),  to acquire a 51% interest in Vividthree Productions Pte Ltd (“Vividthree”), a leading multi-award winning player in Singapore’s 3D animation field, for a purchase consideration of S$3.06 million (“Consideration”).

Vividthree has an issued and fully paid-up share capital of S$50,000, consisting of 50,000 ordinary shares. Messrs. Yeo Eng Pu, Charles; Hong Wei Chien and Lee Hoon Hwee (the “Sellers”) each own 33%, 33% and 34% respectively of the entire issued and paid-up capital of Vividthree.

The Consideration comprises an initial cash payment of S$0.6 million upon signing of the SPA (“Initial Consideration”), while the remaining amount, which will be paid in either cash or shares, will be subjected to Vividthree achieving a net profit after tax (“NPAT”) of S$2.0 million (“Earn-out Amount) for the financial year ending 31 May 2016 (“Deferred Consideration”). The Consideration is based on a price-earnings ratio of three times the Earn-out Amount.

The Deferred Consideration is payable within three months of the delivery of Vividthree’s FY2016 accounts (“Final Completion”) and which will be satisfied as follows:

a)      If the 45-day volume-weighted average price of the shares of mm2 Asia immediately prior to the date of Final Completion (“Reference Price”) is at or below S$0.35: the Buyer will satisfy the Deferred Consideration by procuring the Group to issue Consideration Shares priced at S$0.30 per share which will be subjected to a moratorium of 10 months from the date of their issuance and allotment. For the avoidance of doubt, the Consideration Shares shall be issued to the Sellers at S$0.30 per share even if the Reference Price is below S$0.30; or

b)      If the Reference Price of the shares of mm2 Asia is above S$0.35 at Final Completion: the Buyer has the option to pay the Deferred Consideration in cash, together with a cash bonus which is computed based on a factor of 5/30 of the Deferred Consideration payable. It may also elect to issue to the Sellers such number of Consideration Shares at S$0.30 per share, which shall also be subject to a moratorium of ten (10) months from the date of their issuance and allotment to the Sellers.

In the event Vividthree does not achieve the target profit, the Consideration shall be proportionately reduced according to the percentage of shortfall of its NPAT for FY2016 against the Earn-out Amount (“Reduced Consideration”).

The Initial Consideration and Deferred Consideration, where not paid by the issue of Consideration Shares, will be funded through internal resources of the Group.

“This is the Group’s first major acquisition since our listing on the Singapore Exchange in December 2014, and this proposed strategic investment is aligned with our plans to diversify and expand into complementary business areas within the film production value chain,” saidMr. Melvin Ang, CEO of mm2 Asia Ltd. “With this lateral extension into 3D animation services, we are confident that we will be able to strengthen our competitive advantage as a movie producer and eventually gain access to new markets, customers and business opportunities.”

Based in Singapore, Vividthree is a leading player in Singapore’s 3D animation field, specialising in 3D stereoscopic animation, 3D animation and visual effects for feature films and commercials.  It also has a film production/content development arm. Its clients include renowned advertising agencies and corporate and government sectors.

 To read the full document, please click on the link below. 

Queensland Biochemist has Come Up With a Surprise Cure for Arthritis Pain

Source: The Courier Mail, by Jackie Sinnerton, 8th April 2015

A Queensland biochemist has come up with a surprise cure for arthritis pain- an ageold food flavour that has been used in wine since Roman times.

For 12 years, Greg Jardine has been devoted to researching wine antioxidants and has discovered that oak extract is a highly effective pain relief.

Professor Lindsay Brown, of Biomedical Sciences at the University of Southern Queensland, has tested the efficiency of the natural product and concluded that it outperforms aspirin and  ibuprofen.

“We tested oak extract on rats with arthritis and found it to take effect very quickly,” he said.

“Their legs were swollen and stiff and unusable until we administered the product.”

Mr Jardine has discovered and now-patented biotechnology that extracts the oak antioxidants, allowing them to reach their full potential.

To read the full story, please click on the link below. 

Revolutionary New Arthritis Treatment from Jardine Pharmaceuticals

There is a basic human desire to relieve pain and prolong life, which fuels the search for effective medications. Most drugs come from nature and more than half of the world’s population still rely entirely on plants for their medicines.

Oak is used traditionally for treatment of arthritis. Pharmaceutical efficacy is now achieved through a proprietary extraction process for oak, beating arthritis drugs. The TGA listed oak Polypill™ capsules will be launched through existing distribution networks (Q4 2014).

Jardine Pharmaceuticals has the exclusive worldwide licence for modified polyphenol oak extracts in a complementary medicine format.

Jardine Pharmaceuticals is raising capital to fund further product/market development and research.

Yesterday, Jardine Pharmaceuticals were featured on Current Affair. To watch the video, please click the image below. 

Newground Property’s Latest Development Oversubscribed and New iPhone App Due for Release Next Quarter

By Paige Hasaballah

Specialist property development consultancy, Newground Property have secured well over the number of necessary pre-sales for their development ‘Lush Apartments’ in the inner Brisbane suburb of Lutwyche and construction is now underway.

A second site just 6km from Brisbane CBD has recently been secured with an existing DA approval for 31 units.

A local fund comprising of HNW investors have committed to funding the project along with a major bank on the strength of the project and Newground’s track record.

A pre-sales campaign is due to launch in late April, with construction due to commence in July.

The firm is also currently undergoing due diligence on several other inner city sites. Interested capital partners and investors looking for de-risked residential development projects in Brisbane are encouraged to register their interest by contacting Director Daniel Erez.

Newground Property will be releasing a first of its kind iPhone application in the June quarter.

The app is currently under development and expected to greatly improve the engagement levels of the firm’s sales partners across the country whilst also increasing sales volumes of its client’s projects.

Director of Newground Property Daniel Erez said the concept had received a ‘strong level of enthusiasm & support’ from both its sales partners and clients.

Cyber incident/data breach response: Your emergency checklist

Source: DLA Piper, by Alex Christie, Sharon Rowe and Jacques Jacobs

A cyber incident/data breach places your organisation in crisis management mode. While this crisis cannot be avoided the steps you take (or do not take) in the aftermath of the incident can significantly reduce the impact that a data breach/cyber incident has on your organisation (both financially and on its reputation).

For a number of years we have been extolling the virtues of and requirement for risk management and planning (prior to any cyber incident/data breach occurring) as part of good governance, and we are always happy to assist you with this (and continue to recommend it). However, we realised that there is little information about what to do (and what not to do) when the inevitable happens. Whether or not you have cyber risk management and an incident response plan in place, any significant cyber incident or data breach is traumatic for the organisation and its people and we thought it would be useful to have a brief guide as to what to do and not to do in the immediate aftermath of such an incident.

The first 24 hours after you discover a cyber incident/data breach are critical to restoring security, minimising harm, obtaining and preserving evidence and complying with contractual and legal obligations. Our ‘Emergency checklist’ provides the executives of companies and the in-house counsel of those organisations with prioritised key steps to take (ie “What to do”) and key warnings as to ‘What not to do’ in response to a data breach.

To read the full story, please click here

Castle Point Ranger Fund Update- April 2015

The Ranger Fund monthly Fact Sheet is now available.
The Ranger Fund is a high conviction portfolio of New Zealand and Australian listed companies. The Fund’s objective is to provide equity-like returns over the long run while minimising exposure to extreme share market fluctuations. During periods of market stress, the fund will seek to preserve capital by preserve capital by holding significant amounts of cash and bonds, shorting individual shares, selling index futures contracts and/or buying index put options. The Fund will not be levered or net short.

Performance Commentary:
During March the performance of the Ranger Fund was negatively impacted by the performance of Swick Mining Services, Corporate Travel Management, Australian Vintage and Macmahon Holdings. The Fund benefited from positive performance by Emeco Holdings and Touchcorp. During the month exited its positions in Tower and Emeco Holdings while adding a position in Touchcorp.

To read the full story, please click the button below to download. 

Top 10 Australian Public M&A Predictions for 2015

Source: DLA Piper, by David Ryan, Lydon Masters and Mark Burger

Top 10 Predictions for 2015:

1. RETURN OF THE MEGA DEAL
The mega deal is back. The shift in strategic direction by companies worldwide from one of organic growth with core business focus to higher risk strategies of diversification will likely create further opportunities for significant transformative deals as high-performing Australian assets continue to attract interest. Look out for big deals in the IT/technology, agribusiness and media spaces in particular, as well as consolidation in the oil and gas/ resources sector as a result of the falling commodity prices.

2. COMPETITIVE BIDS
In 2014, around 25% of announced deals attracted multiple bidders. We expect this percentage to increase in 2015 as bidders compete for a decreasing pool of strong performing assets. Interested bidders will need to have a well-conceived deal strategy to enable them to efficiently respond to unwanted approaches by other bidders and unfavourable conduct by activist shareholders. A good example was Allan Gray’s attempt to block the Roc Oil/Horizon merger.

3. CASH IS STILL KING
Cash is still king. Of the competitive bid scenarios we saw in 2014, initial suitors offering scrip were in most cases trumped with an all cash offer, such as the Roc Oil deal. We predict that bidders will look to take advantage of stronger balance sheets by offering cash consideration to improve their chances of coming out of the competitive auction process triumphant. The continuing volatility of the international capital markets will continue to weigh against the attractiveness of scrip consideration.

4. JOINT BIDS
There were a number of high-profile joint bids in 2014 such as Wilmar International and First Pacific’s bid for Goodman Fielder and Kohlberg Kravis Roberts and Pacific Equity Partners proposal for SAI Global. We expect to see an increase in joint bids in 2015 from bidders whose interests align. Notwithstanding high asset valuations, bidders will likely adopt creative and “out of the box” measures to obtain and share upside in acquiring joint control of strategic assets.

5. STAKE-BUILDING DEVICES
As first mover advantage declines, bidders will look to increase deal certainty through securing shareholder support early on in the bid process. We expect to see a range of creative deal-protection devices structured to take into consideration the competitive environment.

6. SCRUTINY OF DEAL PROTECTION DEVICES
Deal protection devices will necessarily remain standard practice in the competitive public M&A environment. These devices, which will be increasingly creatively structured to protect against bidder risk and in many cases unseen and untested, will naturally attract greater regulatory scrutiny.

7. CHINESE M&A PIPELINE
The Chinese Government has relaxed its approach towards approving outward investment. The Australian Government will also later this year afford Chinese investors the same concessions afforded to Korean and Japanese investors. These changes to the regulatory environment will encourage Chinese inbound investment in Australia and in particular, we expect Chinese investors to drive foreign inbound mid-market deal activity.

8. INCREASED FOREIGN INBOUND INVESTMENT
The Australian M&A market will reap the benefits of an improved US economy and weaker Australian dollar in the form of renewed US investor interest in Australian assets. The reported widespread US investor interest in Network Ten is indicative of this. The Australian Government has also significantly increased the monetary thresholds for which Japanese and Korean investors are required to get approval to invest in Australian assets (to bring them in line with those concessions currently afforded to US and NZ investors). We expect this will lead to a rebound in foreign inbound investment from Japan and for Korean investors to redirect their significant M&A appetite towards Australian assets.

9. TRUTH IN TAKEOVERS STATEMENTS
The truth in “takeover statements” will feature prominently as stakeholders try to generate and maintain momentum for their bid. However, there is a limit to what can be done to procure such statements. Overstepping these boundaries may result in Takeovers Panel intervention, as was the case in Ambassador Oil and Gas Limited.

10. REVERSE BEAR HUGS & TACTICAL DISCLOSURE
Although not required, target boards have traditionally disclosed initial highly conditional non-binding indicative proposals, which previously opened it up to “bear hugs”. This has changed in recent times in light of ASX guidance indicating that such disclosure is not required. Despite this, we expect target boards will revert back to disclosing proposals for strategic reasons, including to avoid getting shareholders off-side and to force the bidder’s and other interested bidder’s hands.

To read the full document, please click on the link below. 

Proteomics International Laboratories Successfully Closes IPO

Emerging life science company Proteomics International Laboratories Ltd (proposed ASX: PIQ) is pleased to announce that it has successfully closed its new IPO after raising $3.1 million amidst strong investor demand.

The Company is delighted with the strong level of investor interest in the Offer, and expects to commence trading on the ASX in the near future under the ASX code: PIQ.

PIQ is a specialist technology-driven life sciences company focused on the area of proteomics, the industrial scale study of proteins. It was founded in 2001 and is an established, revenue generating business, recognised as a global leader in its field.

The Company’s business model is based on its proprietary technology platform which operates across three synergistic business units in massive growth markets:

1. Analytical services – Specialist contract research, analytical testing and consultancy – fee for service model. The proteomics market is estimated to be worth $20.8bn by 2018.
2. Diagnostics – Biomarkers of diseases and personalised medicine – focus on diabetic kidney disease and Alzheimer’s disease. The biomarkers market is estimated to be worth $40.8bn by 2018.
3. Therapeutics – Peptide drug discovery with a focus on painkillers and antibiotics. The peptide therapeutics market is currently estimated to be worth $17bn.

The proceeds of the IPO will be used to expand and accelerate the growth of each business unit.

The Company has a substantial portfolio of clients and partners, including: CSIRO, Reliance Life Sciences, inVentive Health Clinical, Australian National University, National University of Singapore and Royal Institute of Technology (Sweden).

PIQ has a global standing in its field. The Company was the first in the world to receive ISO 17025 laboratory accreditation for proteomics services, and its team operates from state-of- the art facilities at the Harry Perkins Institute of Medical Research in Perth, Western Australia.

The Company has a highly credentialed board, which includes: Managing Director and co- founder Dr Richard Lipscombe, a highly experienced and successful business manager and protein chemist; Chairman Terry Sweet, a scientific-technology company director and executive with 30 years experience (see Board profiles attached). The Financial Adviser and Lead Manager to the Offer is Sydney-based corporate advisory
firm K S Capital.

To download the full document, please click on the link below. 

123gaming CEO Interview with UK’s Betting-Business Magazine

123gaming is an award winning real-money betting operator that has overcome significant barriers to entry, and generated around $2.4 million to date.

The group has proven the concept for an innovative business model built on solid foundations of unique proprietary technology, as well as technology based customer acquisition tools and partnerships to drive low Costs Per Customer Acquisition (CPA) versus Customer Lifetime Value (LTV). Company’s main partner is Sportech Racing which process over $13 billion of global pools wagers per annum.

The company has continued to build their book to over $1 million of the $3 million investment available now.

Please click HERE to view the latest interview with CEO, Rob Earle, on page 14.

mm2 Asia Signs MOU with Grand Olympus Films & JTeam Productions to Produce Movie

Singapore, 24 March 2015

Singapore movie producer and distributor, mm2 Asia Ltd. (“mm2 Asia” and together with its subsidiaries, the “Group”), through its wholly owned subsidiary mm2 Entertainment Pte Ltd, has signed a Non-Binding Memorandum of Understanding (“MOU”) with Chinese film company Grand Olympus Films (International) Limited (“Grand Olympus”) and Singapore movie producer JTeam Productions Pte Ltd. (“JTeam”) to co-produce a movie titled Game Kids (Working Title) to be distributed primarily in the PRC market. The signing took place at the Singapore Pavilion at the annual Hong Kong International Film & TV Market held at the Hong Kong Convention & Exhibition Centre.

Game Kids is a comedy which reflects parent-child relationships in a modern Chinese environment. The film will be be directed by renowned Singaporean movie director Jack Neo, who previously broke box office records in 2012, 2013, and 2015 with the Ah Boys To Men series.

Melvin Ang, CEO of mm2 Asia says, “We are very excited about this co-production and are confident that Game Kids, with its winning formula and universal themes, will engage audiences in the PRC, which is one of the key markets that mm2 Asia is targeting to expand our presence too. mm2 Asia is also honoured to partner with Grand Olympus and J Team in this co-production. With their team of industry veterans and professionals and their impressive track record and strong connections in the PRC, we know we are in good hands.”

To download the full document, please click on the link below. 

Exclusive Preview Tickets for mm2 Asia Shareholders

Singapore, 27 March 2015

Local movie producer and distributor, mm2 Asia Ltd. (“mm2 Asia” and together with its subsidiaries, the “Group”), as part of its mm2 Red Carpet Club initiatives, will be giving away up to 100 tickets to shareholders for the preview screening of “Ode to My Father”, a movie distributed by the Group, and is the second most successful film in Korean Box Office history. The preview screening will be on 14 April 2015.

Since its release in South Korea, “Ode to My Father” has reported consistently high local box office takings. According to Korea Film Council, it is now the second most successful film of all time in the history of Korean drama, with 13,811,287 viewers as at 20 February 2015. This movie, which is an epic drama following key events in Korean history through the story of a devoted father who struggled to support his family, was also invited for screening at the Panorama section of the 2015 Berlin International Film Festival.

“As part of the Red Carpet Club’s activities, we are happy to bring this movie for a special preview for our shareholders.” said Mr. Melvin Ang (洪伟才), CEO of mm2 Asia. “Shareholder engagement is important to us, and with the mm2 Red Carpet Club, we hope to interact with our shareholders regularly and keep them updated on our Group’s activities so that they get a better feel of the value of their investment they have in mm2 Asia Ltd.”

In conjunction with the launch of the mm2 Red Carpet Club earlier this year, over 200 tickets were given out to shareholders for an exclusive preview screening of “Ah Boys to Men 3: Frogmen”, a co-production by the Group that has become the highest grossing opening weekend Asian movie in Singapore of all time.

In 2015, mm2 Asia will release an exciting pipeline of movies produced and/or co-produced as well as distributed by the Group, including the musical comedy ‘3688’ directed by Royston Tan, political thriller ‘1965’ produced by Daniel Yun and Jack Neo’s epic SG50 film ‘Long Long Time Ago’ (Refer to Appendix A for list of movie releases).

Details of the preview screening of “Ode To My Father”*
Date: Tuesday, 14 April 2015
Venue: Golden Village Vivocity

*Subject to changes

Key Dates
Cut-off date to determine eligibility: Monday, 6 April 2015 at 5:00 PM
Respond by date: 12 April 2015

An invitation letter will be mailed by the Group to all eligible shareholders on the register in early April with full details. A pair of tickets will be given to each shareholder who responds by 12 April 2015 via email or mail on a first-come-first-served basis. Shareholders will be informed subsequently by email if they are entitled to the tickets while the collection of tickets will be on the day of the screening at the theatre.

To download the full document, please click on the button below. 

Crowd Mobile: Edison Talks Tech Presentation

Source: Financial News Network, March 26th 2015

Crowd Mobile Limited (ASX:CM8) CEO Domenic Carosa presents at the Edison Talks Tech conference in Sydney.

The presentation provides a corporate snapshot, trading update and look at global trends impacting the smart phone industry.

Speaking about the macro factors impacting Crowd Mobile Mr Carosa highlights, “The growth and penetration of smart phones and the other key driver of our business is DCB [Direct Carrier Billing] penetration as well. And, that is basically a payment platform that we use to connect with all the telcos.

So, that is basically the high level summary but let me give you an overview of our vision and of what we do and how we do it… Our vision is that we connect people who have a question about a particular topic to trained experts on the other end who are able to answer it…”

Crowd Mobile’s presentation also looks at its micro job cloud platform, current products and brands, mobile apps, partner strategy, global footprint, investment highlights and key priorities over the following year.

To watch the video please click on the image below.

Troozi Seeks Capital for Online Dating Platform Ahead of Potential IPO

Troozi, a private Australian-owned online dating platform customized for India, is seeking to raise AUD 8m (USD 6.3m) in the next 12 months, said co-owner Lija Wilson. The company is now seeking to raise AUD 3m from a Series A round for marketing and product development initiatives, to be followed by an AUD 5m raise around April 2016, she said.

The company expects to raise the AUD 3m by the end of May this year. Troozi will consider an IPO or reverse listing in 2016, most likely on the ASX to take advantage of current investor appetite for smaller tech listings and opportunities for reverse listings, Wilson said.

The company, which already has 90,000 users, forecasts FY18 revenue of AUD 15.7m and EBIT of AUD 8.4m, with potential future valuations of 20x-30x EBIT, Wilson said.

The company is not using advisors for this round but has started conversations with advisors to assist with the next round and is willing to hear from others, she said.

India is the world’s second most populated nation, with 950m mobile phone users, according to online news service for the mobile industry Mobile Live, she noted.

The company has had interest from high net-worth individuals and family offices as well as venture capital firms intrigued by size of the market opportunity, Wilson said. Interest from potential investors in the US, India, Singapore and Australia, Wilson said, noting that the company has presented to investors in Singapore and is undertaking roadshows in Sydney and Melbourne.

Troozi is majority owned by Wilson and her husband John, and the company’s COO Nikhil Jain. Wilson and Jain were involved in building Australian online dating site RSVP, after it was bought by Fairfax Media [ASX:FXJ] in 2005 for AUD 38.9m. In 2014, RSVP signed an AUD 90m merger agreement with Ten Network Holdings’ [ASX:TEN] Oasis Active.

Interest in the online dating space in India is evidenced by a number of recent deals, Wilson said. New York, NY based online dating app provider Hinge, which has reportedly raised USD 20m to date, launched in India this month, as reported.

Meanwhile, Indian-origin online dating site TrulyMadly secured first-round funding from Helion Venture Partners and Kae Capital in March this year and Mumbai-based People Group, which owns Indian matrimonial portal Shaadi.com, took a 25% stake in dating applications maker Thrill for some USD 1m in January 2015, as reported.

By Louise Weihart, in Sydney February 26, 2015

To download the document, please click below.

Connexion miRoamer App To Be First Infotainment in New SEAT Leon Cars

1 April 2015, Melbourne, Australia: 

Connected car specialist Connexion Media Limited (ASX:CXZ) will see its miRoamer radio and music service app available in all new SEAT Leon cars with the Navi System Plus.

SEAT is part of the Volkswagen Group, and a major Spain-based motor vehicle company operating in 75 countries. SEAT sold 390,500 vehicles in 2014. Teh miRoamer app is also available in various Volkswagen and Škoda models.

Since its launch in 1999, 1.5 million SEAT Leon cars have been produced and sold in its three generations to date. Made in SEAT’s Martorell plant (Barcelona), over 154,000 SEAT Leon cars were sold in 2014.

Connexion’s miRoamer, will be the first app available in the new MirrorLink enabled SEAT Leon Infotainment System.

miRoamer will be fitted as standard, and embedded in the Infotainment System, and available for the first time inSEAT Leon cars from early 2015.

“Speed of change in new technologies has modified our buying habits, and so all companies have had to change their business models”, said Pablo Barrios, Head of Digital Marketing at SEAT. “The mobile phone has become an extension of people’s bodies. The digital era has arrived in full flood. In the case of SEAT, 30% of our investment in the media is targeted at digital channels, a trend that will increase”.

MirrorLink connectivity between a smartphone and vehicle infotainment system is achieved with a simple cable connection, allowing the driver access to phone applications such as miRoamer using in-vehicle platforms.

The miRoamer radio and music service app aggregates global content providers, including other aggregators and global AM/FM radio services. Also a platinum service featuring additional options such as genre-based content and virtual storage of music.

CONTACT
George Parthimos                                           Rudi Michelson
CEO & Managing Director                                  Monsoon Communications
Connexion Media Limited                                   (03) 9620 3333
0401 616 433                           
 

About Connexion Media
Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a sales office in Cambridge UK.

 About miRoamer
miRoamer is a category-leading digital media platform for vastly improved internet radio and music entertainment. It can be installed in a variety of consumer electronics including car radios, smart phones, gaming consoles, televisions and stereo systems. Users get media content from a common platform using as many electronic devices as they wish. miRoamer enables access to favourite content providers and stations as well as customising the access. miRoamer is licensed by some of the world’s big and prestigious automotive and consumer electronics companies.www.miroamer.com

About SEAT
SEAT is the only company in its sector with the full-range capacity to design, develop, manufacture and market cars in Spain. A member of the Volkswagen Group, the multinational has its headquarters in Martorell (Barcelona), exporting more than 80% of its vehicles, and is present in 75 countries. In 2014 SEAT’s invoicing totalled almost 7.5 billion euros, the highest figure it its history, with worldwide sales of 390,500 units.

SEAT Group employs 14,000 professionals at its three production centres – Barcelona, El Prat de Llobregat and Martorell, where it manufactures the highly successful Ibiza and Leon, amongst other models. Additionally, the company produces the Alhambra in Palmela (Portugal), the Mii in Bratislava (Slovakia) and the Toledo in Mladá Boleslav (Czech Republic).

The Spanish multinational also has a Technical Centre, which celebrates its 40th anniversary in 2015. This ‘knowledge hub’, bringing together 900 engineers, aims to be the driving force behind innovation for the number one industrial investor in R&D in Spain. In line with its declared commitment to environmental protection, SEAT undertakes and bases its core activity on sustainability, namely reduction of CO2 emissions, energy efficiency, as well as recycling and re-use of resources.

Technology Accelerator Yonder & Beyond Makes Strategic Investment in Connexion

25 March 2015, Melbourne, Australia: Connexion Media Limited (ASX:CXZ), an innovator in the connected car market, has welcomed a new strategic investor by newly ASX-listed technology accelerator Yonder & Beyond (ASX:YNB).

Yonder & Beyond has invested $300,000 in Connexion with the purchase of 1.5 million shares at $0.20 per share. The purchase was made from existing shareholders including Mi Media Holdings, therefore avoiding any dilution.

Using its array of tech assets and expertise Yonder & Beyond will assist Connexion with sales and marketing opportunities across the Asia Pacific region.

“We see huge potential in the connected car market and Connexion is at the forefront of opportunities in the sector. We have had Connexion on our radar for some time,” said Yonder & Beyond CEO and managing director Mr Shashi Fernando.

Connexion has two core products with the miRoamer radio and music service app as well as cloud-based connected vehicle management service Flex.

“We feel this is a mutually beneficial deal for Connexion and Yonder,” said Connexion Media CEO and managing director George Parthimos.

“Mr Fernando and his team have proven themselves in the delivery of world- class technologies with a particular focus on mobile solutions. We expect this strategic investment will open doors to more opportunities for Connexion and its products.”

CONTACT

George Parthimos

CEO & Managing Director

Connexion Media Limited

george@miroamer.com             

Rudi Michelson

Monsoon Communications

rudim@monsoon.com.au

About Connexion Media
Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a salesoffice in Cambridge UK.

About miRoamer
miRoamer is a category-leading digital media platform for vastly improved internet radio and music entertainment. It can be installed in a variety of consumer electronics including car radios, smart phones, gaming consoles, televisions and stereo systems. Users get media content from a common platform using as many electronic devices as they wish. miRoamer enables access to favourite content providers and stations as well as customising the access. miRoamer is licensed by some of the world’s big and prestigious automotive and consumer electronics companies. www.miroamer.com

About Flex
Flex is a cloud based, integrated vehicle management system that gives you control over your entire fleet of cars, trucks and other vehicles from a central point. It simultaneously tracks – in real time – all key performance indicators of your vehicles such as geo-location, fuel, distance, engine, and speed. It also helps improve productivity, driver behavior, and increase awareness of vehicle or fleet performance. www.flexvs.com

London Small Cap Technology Showcase 2015 Takes Centre Stage in the UK

On Friday, March 20th, Bloomberg  and Wholesale Investor joined forces to host the London Small Cap Technology Showcase. This unique event Showcase 20 Private, Pre-IPO, ASX, NZX and SGX Listed companies to high net worth, professional investors and Family Offices. The event provided investors with a great opportunity to speak to the CEO’s directly about their business and discover new potential overseas opportunities.

PRESENTING COMPANIES:

Session 1: Emerging Technology 

Seera Holdings Ltd - Disruptive World-first Cloud Talent Management Solution
VMob Group Ltd (NZE:VML) NZ-Listed End-to-end Mobile Personalisation Platform
Booktrack - Fast Growing Technology Platform with 2M Users and High Profile Investors
Condat - Leading Vendors of Innovative Software Solution in Media, Mobility and Monitoring
Auto Innovations Group Ltd Life-saving Patented Automated Emergency Braking System

Session 2: Disruptive Platform

Fine Art Bourse Ltd - A Disruptive Online Trading Platform – Art & Diamonds
MyWave - Digital Technology Company with a Revolutionary Digital ‘Personal Assistant’
Adept Business Systems - Revolutionary Vertical SaaS Platform for Commercial Real Estate
Newzulu Ltd (ASX:NWZ) - Leading Crowd-sourced Media Company with Significant Partnerships
Site Tour Holdings Pty Ltd - First Programmatic Out-of-home Media with Blue-chip Partners

Session 3: Fintech

iFAST Corporation Ltd (SGX:AIY) - Investment Products Distribution Platform
DomaCom Ltd - Australia’s First Fractional Property Investment platform – Pre IPO offer
123gaming - Award winning real-money betting operator with a major partner
Closir - World’s First Dedicated Investor Relations Platform with Proprietary Analytics

Session 4: Start Ups

Sporple - Professional Networking Site Connecting Athletes, Clubs and Agents Worldwide
CityFalcon Ltd - Next-gen Trading and Investment Company Offering Market Leading Solutions
CityHawk - Easy to Use App Helping Diners Find Hundreds of New London Restaurants
ReBeats - Innovative Platform Converting Any Music Video Into English Game Lessons
Mihaibao - Cross-border Online Luxury Goods Marketplace for Chinese Shoppers
My Beauty Matches - The world’s smartest product-matching site for beauty
Open Garden - Leader in mesh networking technology offering the first off-the-grid messaging app

If you would like to express your interest in any of the presenting companies please click here.

Site Tour snares fresh funds from Auctus Capital

Source: Australian Financial Review by Carrie LaFrenz, March 18th 2015

Site Tour, a buying and selling platform for outdoor advertising, has secured fresh funding from a group of young venture capitalists helping Australian start-ups reach commercialisation.

Auctus Capital declined to reveal the sum of its first investment in Site Tour, but it too is a start-up of sorts, founded last year by seven partners who work in investment banking and strategy at a number of organisations incuding BCG, Google, eBay, Macquarie, Magellan Funds Mangement, and Intuit. The average age of Auctus partners is 30 years old.

Site Tour is targeting Australia’s more than $600 million out-of-home (OOH) advertising industry through its platform that allows buyers to search over 100,000 outdoor billboards across Australia and select locations within seconds by using Google Maps and location-based data. The OOH ad industry grew 10 per cent in 2014.

Amron D’Silva, who works as an investment analyst at Magellan Asset Management in New York as his day job and is a partner at Auctus, said the group was attracted to the niche industry, the credibility of founder Michael Scruby and the scale to grow the business globally.

“Out-of-home is the fastest growing traditional media channel in the Australian advertising industry and it continues to gain market share as a percentage of total advertising expenditure, in particular in Australia,” he said.

“This growth is expected to continue given the high ROI [return on investment] on this type of advertising. We were also keen to gain exposure to the programmatic advertising trend which continues to gain traction globally.”

Site Tour was founded by former Eye Corp sales head Michael Scruby in 2011, and today counts some of the biggest media buyers as his clients including Omnicom, Mediabrands, GroupM and Ikon.

Former Telstra executive and CEO of Hills Holdings, Ted Pretty, was an early backer of Site Tour, along with managing director of CMB Capital, Jamie Olsen.

The company has already raised more than $1 million and the latest cash injection will allow it to further develop its software and grow the company.

Mr D’Silva said while Site Tour is a “fairly mature and progressed business opportunity”,  Auctus is open to an investment at the pre-revenue stage, if an investment ticks the box for a number of other hurdles.

“In our discussions with a number of start-ups to date, we have identified revenue generation as a significant barrier for funding and hence believe our approach represents a key point of differentiation between ourselves and a number of other angel investors or VCs,” he said. “We also do not consider any sectors to be ‘off-limits’ for investment which we understand has also been a restraint on funding for some entrepreneurs.”

Since closing the Site Tour investment, Auctus has had discussions with start-ups across the healthcare, tech, biomed, travel, retail and fintech industries.

“We have really immersed ourselves in the start-up scene, and three of our partners are also involved in start-ups or blogs themselves being TheTechPulse, a website which gives further details on the latest Australian startups, EdenExchange, a business which is essentially an online exchange or marketplace for small-medium businesses and The Crimson Bride, an online business offering wedding inspiration and links to vendors servicing the growing south-east Asian wedding market,” Mr D’Silva said.

Seeing is believing with MyWave

By MyWave Customer Experience Officer Amy Johnson

A recent Australian Financial Review article looked at “the waves of technological disruption washing over the (banking) sector and leading it into a new, personalised, experience-based economy”.

And, while there is wide understanding among banks and their customers that massive change is underway, it’s only when you see MyWave’s personal assistant – FRANK – in action helping find a home, organise a mortgage, pay bills, buy a new car, find a new kitchen, buy a new TV – all without filling in a single form – that the penny drops.

MyWave’s latest Frank in Banking and Finance video shows how a bank can leverage its multi-sided network of partners as well as its own services to deliver a completely revolutionary personalised experience for customers.

And it’s important to understand that the transactions and capabilities demonstrated are not just imaginary screens developed to show what is hypothetically possible. What is demonstrated is fully supported by MyWave’s highly scalable cloud-based platform.

Right now MyWave is working with customers in the banking banking, tourism, retail, utilities and automotive sectors. Our customers are those enterprises that are either fast moving digital disruptors or businesses which are being digitally disrupted wanting to move up the value chain from selling ‘stuff’ to creating value based around personalised relationships with individual consumers.

We’ve written and published thousands of words about how MyWave is flipping the old CRM model on its head. We’ve enthused about how MyWave CMR allows dynamic two-way relationships where the customer is in charge of their data and the experience. We’ve talked about how we can give businesses real time market data and enable instant and relevant contextual offers and promotions.

But it’s only when we SHOW Frank in action that there’s understanding and excitement.

So stay tuned for more SHOW and less TELL. Frank is here.

NAB Director Geraldine McBride Defines New Banking Technology Future

Source: By James Eyers – Australian Financial Review, 15 March 2015

NAB director and digital guru Geraldine McBride is steering the bank through the waves of technological disruption washing over the sector and leading it into “a new, personalised, experienced-based economy”.

National Australia Bank director Geraldine McBride is the poster child for a new breed of board member: she’s a technology-savvy futurist and digital strategist.

Her role in NAB’s historically staid boardroom is to identify the technological trends taking over its customers’ lives. She is steering the bank through the waves of technological disruption washing over the sector, leading it into “a new, personalised, experienced-based economy,” as she describes it.

 Read the full story here on the AFR website.

Connexion Media: Flex launched today at APAC by Victorian Minister for Industry

11 March 2015, Melbourne, Australia: 

The Connexion Media Limited (ASX:CXZ) new Flex vehicle management service has been launched today by the Victorian government at the 18th Asia Pacific Automotive Engineering Conference in Melbourne.

The Flex exhibition and launch at the Crown Promenade is part of the lead up to the Melbourne Formula 1 Grand Prix. The internationally renowned conference showcases the latest in automotive technology, research and development.

Opening the showcase Victorian Industry Minister Lily D’Ambrosio visited the Connexion Media exhibit and praised the Company for its knowhow, particularly in relation to the new Flex service, as a truly Australian innovation.

The launch of Flex comes after excellent results from BETA trials, and will be supported by the kick-off of online and radio promotions from Monday, as well as participation in the Australian Fleet Managers’ Association major exhibition and conference next month.

Flex from today is being offered on a subscription basis starting at $19.99 per vehicle per month on a 36 month contract, with 12 and 24 month contracts also available.

Flex provides the ability to manage an entire fleet of vehicles from a central control point using cellular mobile connectivity. It provides tracking information so key performance indicators can be assessed including customised reporting.

Flex is able to track a range of real time and historical data including vehicle locations, distance travelled, fuel consumption, battery life, engine performance and absolute and average speeds travelled. It is also able to monitor driver behaviour and instantly send notifications and alarms to vehicle owners and fleet managers.

For more information on Flex visit: www.flexvs.com

CONTACT
George Parthimos                                           Rudi Michelson
CEO & Managing Director                           Monsoon Communications
Connexion Media Limited                            rudim@monsoon.com.au
george@miroamer.com                 

 

About Connexion Media
Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a sales office in Cambridge UK.

About Flex
Flex is a cloud based, integrated vehicle management system that gives you control over your entire fleet of cars, trucks and other vehicles from a central point. It simultaneously tracks – in real time – all key performance indicators of your vehicles such as geo-location, fuel, distance, engine, and speed. It also helps improve productivity, driver behavior, and increase awareness of vehicle or fleet performance.
www.flexvs.com

Castle Point Ranger Fund Update- March 2015

The Ranger Fund monthly Fact Sheet is now available.
The Ranger Fund is a high conviction portfolio of New Zealand and Australian listed companies. The Fund’s objective is to provide equity-like returns over the long run while minimising exposure to extreme share market fluctuations. During periods of market stress, the fund will seek to preserve capital by preserve capital by holding significant amounts of cash and bonds, shorting individual shares, selling index futures contracts and/or buying index put options. The Fund will not be levered or net short.

Performance Commentary:
During February the performance of the Ranger Fund was negatively impacted by the performance of Paperlinx, Macmahon Holdings, Swick Mining Services and Boom Logistics. The Fund benefited from positive performance by Corporate Travel Management, Wellcom Group, Tower and Vista Group International. During the month exited its position in Paperlinx ordinary share but increased its position in Boom Logistics.

To read the full story, please click the button below to download. 

Sirona Capital to Purchase Major South West Retail Centre

4 March 2015

Sirona Capital has successfully closed its investment fund for the purchase of a major retail facility in Western Australia’s South West.  This marks Sirona Capital’s 7th real estate fund, which has been backed by strong interest from professional and sophisticated investors resulting in oversubscriptions to the Fund.

The fund was established by Sirona Capital to buy the Margaret River Shopping Centre, located on the corner of Town View Terrace and Willmott Avenue in Margaret River’s CBD. The Centre is anchored by a full-line Woolworths supermarket with a 20-year tenancy, BWS Liquor store and 16 specialty tenancies.

Sirona Capital managing director Matthew McNeilly said the Centre sits within a large primary catchment area with above average population and retail trade area growth forecasts.

“Our research told us that this was a primary catchment area with retail trade growth potential and our investors have clearly seen the opportunity this strategic investment holds, with the fund now closing oversubscribed. And we particularly like the local economic drivers including expected increased investment in the agriculture sector and tourism numbers likely to swell due to a weaker Australian dollar” Mr McNeilly said.

“We see this property as a significant value-add opportunity that will allow Sirona to implement a comprehensive leasing strategy to ensure this brand new centre delivers superior returns for our investors.

“It delivers Sirona with a strong strategic market position as the owner of the only integrated supermarket and specialties centre in the Margaret River township, incorporating all-weather undercover parking, and which provides a superior retail experience for visitors and residents in Western Australia’s world-renowned tourism centre.”

Mr McNeilly said Margaret River was a strategic move by Sirona Capital to further establish the company’s portfolio of high quality, strong return retail properties with long-term anchor tenants and which expanded its geographic reach and investment profile in the retail and property sectors.

Martin Aircraft Share Price Soars Following Their ASX Debut

Martin Aircraft Company (ASX:MJP) manufacturer of the world’s first practical jetpack, began trading on the ASX on Tuesday 24th Feb. Shares closed up 10% on the first day’s trading at $0.44. However since then, the share price has increased to close yesterday at $1.65, an increase of over 400% from the IPO price, and over 600% from the pre-IPO price.

Reuben Buchanan, Managing Director of Axstra Capital, was the sole Lead Advisor for both the Pre-IPO and IPO Offer, raising a total of $33m for Martin Aircraft over the past 12 months. Martin Aircraft now has a market capitalisation of over $400m.

 


ABOUT MARTIN AIRCRAFT COMPANY

Martin Aircraft Company has developed the world’s first practical and commercial jetpack with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned (UAV).

 

Leaf Resources Now Into Full Commercialisation Mode

Leaf Resources (ASX:LER) is now into full commercialisation mode for its new biomass pre-treatment process. In the latter part of last year, business development activity began to accelerate and this has continued into the new year. Most significantly, the company has mapped out its process towards commercialisation and its priorities with a view to securing its first licensing agreements before the close of FY 2015.

Highlights of the last six months include:

  • Agreement with Zeachem will establish a production scale demonstration facility using the GlycellTM process.
  • Appointment of Dr Marc Sabourin in the US considerably strengthens marketing capability.
  • 4 Material Transfer Agreements signed; a key step on the way towards securing licensing agreements.

Gordon Capital will be undertaking presentations with Leaf Resources CEO, Ken Richards, next week in Sydney, Melbourne and Adelaide. If you would like to attend any of these please email mgordon@gordoncapital.com.au

Footfalls and Heartbeats Signs an Exclusive Ongoing License with Medi GmbH & Co.KG

Source: Scoop Business, 3 March 2015

Kiwi tech start-up spearheads global smart textile market with major licensing deal

New Zealand smart fabric technology start-up, Footfalls & Heartbeats announced today the signing of an exclusive ongoing licensing deal with one of the world’s largest medical compression therapy companies, securing its foothold as a key emerging player in the smart textiles market.

The deal ensures significant ongoing funding for growth for the Kiwi company.

Headquartered in Bayreuth, Germany, Medi GmbH&Co.KG (Medi) is a leading global player in medical products with more than 60 years experience in compression technology. CircAid, a compression therapy company and 100% subsidiary of Medi, will initially implement Footfalls & Heartbeats technology into their compression bandaging products.

It is anticipated the Kiwi technology will allow medical practitioners and patients worldwide to more easily and reliably apply accurate compression levels when treating venous ulcers. Medi also plans to incorporate the Footfalls technology into additional products.

Footfalls & Heartbeats was founded by New Zealand scientist, Simon McMaster, who developed a proprietary process for manufacturing smart fabric. The technology uses micro-scale interactions with the textile to make the fabric itself the sensor, avoiding the need for wires and electronics at the site of sensing.

Smart textiles is a rapidly growing billion dollar market internationally and Footfalls & Heartbeats Managing Director, Roland Toder, says its technology heralds a new era in smart textile applications.

“Our technology can be applied to a wide variety of textiles but for compression bandaging, it enables both practitioner and patient to provide consistency with compression when bandaging venous ulcers, one of the most common problems affecting the aging population globally.

“A study recently published in the Journal of American Medical Association1 showed only 27% of venous ulcers were bandaged correctly by the wound care nurses surveyed. The remaining 73% either bandage too tightly which risks a tourniquet effect, or too loosely, which won’t adequately treat the ulcer, thus prolonging its impact.

“Compression standards vary globally. Our aim is to standardize these levels with our technology and Medi’s global outreach.”

“This licensing agreement accelerates our strong commitment to implement new smart textile technology into our medical compression therapy products, improving the ease of use and the efficacy of these products,” said Matthias Leitloff, Head of Product Management Medical, Medi.

The deal with Medi is positive news for Footfalls & Heartbeats first investors.

“For a science based company, Footfalls has gone from seed funding to a significant commercial deal in a relative short time. It has been greatly assisted through co-investment from the NZ Venture Investment Fund along with support from Callaghan and New Zealand Trade and Enterprise as well as scientific collaborations with AUT, said Roland Toder.”

Toder says the next steps for the company are to grow its licensing deals with key players in other markets. “We are readying to act on the interest shown in our technology by other global businesses and will soon seek funds to grow from this initial base.”

miRoamer welcomes new partner PSA Peugeot Citroën

ASX Announcement, March 3rd 2015:

 Connexion Media Limited (ASX: CXZ), an innovator in the connected car market, is pleased to reveal that its miRoamer internet radio and music entertainment service will be available for French automobile manufacturer PSA Peugeot Citroen through MirrorLink®, during year 2015.

PSA Peugeot Citroen was one of the first vehicle manufacturers to implement MirrorLink. This technology enables drivers to access smartphone content using the vehicle’s infotainment system. MirrorLink 1.1 is due to roll out on Peugeot 108, New Peugeot 208, New Peugeot Partner, Citroën C1, New Citroën Berlingo, New DS 5.

“We continue to strive to be at the forefront of connected car technology,” said Brigitte COURTEHOUX, Director of PSA Peugeot Citroën’s Business Unit for Connected Vehicles and Services. “Peugeot, Citroen and DS drivers have the luxury of a range of best-in-class apps via the MirrorLink system and miRoamer will be a welcome addition to the available entertainment options.”

MirrorLink connectivity between a smartphone and vehicle infotainment system is achieved with a simple cable connection, allowing driver access to phone applications such as miRoamer using the vehicle’s navigation screen and dashboard buttons.

The miRoamer radio and music service app aggregates global content providers including other aggregators, global AM/FM radio services, a platinum service featuring additional options such as genre-based content and virtual storage of music.

Ends.

CONTACT
George Parthimos                                  Rudi Michelson
CEO & Managing Director                    Monsoon Communications
Connexion Media Limited                     rudim@monsoon.com.au
george@miroamer.com

About Connexion Media
Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a sales office in Cambridge UK.

About miRoamer
miRoamer is a category-leading digital media platform for vastly improved internet radio and music entertainment. It can be installed in a variety of consumer electronics including car radios, smart phones, gaming consoles, televisions and stereo systems. Users get media content from a common platform using as many electronic devices as they wish. miRoamer enables access to favourite content providers and stations as well as customising the access. miRoamer is licensed by some of the world’s big and prestigious automotive and consumer electronics companies. www.miroamer.com

About PSA Peugeot Citroën
With its three world-renowned brands, Peugeot, Citroën and DS, PSA Peugeot Citroën sold 3 million vehicles worldwide in 2014. The second largest carmaker in Europe, PSA Peugeot Citroën recorded sales and revenue of €54 billion in 2014. The Group confirms its position of European leader in terms of CO2 emissions, with an average of 110.3 grams of CO2/km in 2014. PSA Peugeot Citroën has sales operations in 160 countries. It is also involved in financing activities (Banque PSA Finance) and automotive equipment (Faurecia).

For more information, please visit www.psa-peugeot-citroen.com

Connexion Media Closes Rights Issue Oversubscribed

ASX Announcement, 2 March 2015: 

Connexion Media Limited (ASX:CXZ), an innovator in the connected car market, has closed its non-renounceable pro-rata issue of options to shareholders oversubscribed.

The offer of two new listed options for every three shares held in the company was conducted at an issue price of $0.015 per new option and raised the maximum funds allowed of $821,198.

The new options will trade from 6 March 2015 and be exercisable at 20 cents any time prior to 5pm on 28 February 2017.

Due to the oversubscription of the offer distribution of the options will be scaled back accordingly.

“We are very pleased with the level of support the rights issue has received,” said Connexion Media CEO and managing director George Parthimos.

“This demonstrates confidence from our shareholders after a period of rapid news flow that will continue as we approach the launch of the Flex vehicle management service in the coming weeks.”

The rights issue was full underwritten by PAC Partners Pty Ltd and was available to eligible shareholders from Australia or New Zealand as at 5pm EDST Friday 6 February 2015.

CONTACT

George Parthimos                        Rudi Michelson
CEO & Managing Director          Monsoon Communications
Connexion Media Limited           rudim@monsoon.com.au
george@miroamer.com

 About Connexion Media
Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a sales office in Cambridge UK.

About miRoamer
miRoamer is a category-leading digital media platform for vastly improved internet radio and music entertainment. It can be installed in a variety of consumer electronics including car radios, smart phones, gaming consoles, televisions and stereo systems. Users get media content from a common platform using as many electronic devices as they wish. miRoamer enables access to favourite content providers and stations as well as customising the access. miRoamer is licensed by some of the world’s big and prestigious automotive and consumer electronics companies.
www.miroamer.com

About Flex
Flex is a cloud based, integrated vehicle management system that gives you control over your entire fleet of cars, trucks and other vehicles from a central point. It simultaneously tracks – in real time – all key performance indicators of your vehicles such as geo-location, fuel, distance, engine, and speed. It also helps improve productivity, driver behavior, and increase awareness of vehicle or fleet performance.
www.flexvs.com

 

Adept Business Systems Pty Ltd CEO Interview

Adept Business Systems has developed a vertical SaaS cloud platform for commercial real estate (CRE). Identified by venture investors as a sector offering a massive opportunity, Adept’s Surga Central platform (www.surgacentral.com) has the potential to revolutionise the processes used for selling, leasing and managing commercial property.

Having established a strong base of customers in Australia, Adept is now aiming at global markets and extending its product reach to wider parts of the CRE ecosystem.

Please listen to CEO, Mr. Steve Clark, to find out the latest on Adept.

Koolsee Pre-IPO Update and Offer

Koolsee New Media Group Limited (“Koolsee”) is pleased to update that it has secured a purchase contract for producing the innovative 360 degree fisheye camera video recorder with total consideration of 11million AUD.

Additionally, Koolsee has secured another Chinese cornerstone fund management company who has signed off for the backing of Koolsee for a few million AUD as subject to confidentiality.

Koolsee has reserved the ASX code: “KMA” as it is expecting to be listed onto the Australian Stock Exchange (ASX).

Koolsee has gained significant amount of investment and interest due to its access to the huge China market and innovative technology products including Virtual Reality Devices, Intelligent Medical Treatment, Smart Technology, Internet Media, and Mobile Payments Technology.

Please make contact if you would like to participate in the offer.

To receive more information regarding the offer please click here.

Folkestone Expects Real Estate To Provide Attractive Returns in 2015

Folkestone (ASX: FLK) held its semi-annual Real Estate Outlook Seminar in Sydney this afternoon.

Mr Greg Paramor, Managing Director of Folkestone, spoke on the outlook for the residential and non-residential real estate markets and Winston Sammut, Managing Director of the Folkestone Maxim A-REIT Securities Fund, spoke on the outlook for the A-REIT market.

Mr Paramor said “The Australian economy is facing a number of head winds as we enter 2015 and therefore is expected to grow below long term averages. Whilst consumer spending is improving and residential construction and prices are rising, consumer confidence remains weak.  Business confidence and investment is also weak.”

“Australian bond yields have fallen to historical lows. The RBA cut the cash rate by 25 basis points to 2.25 per cent in February concluding that growth is continuing at a below-trend pace, with domestic demand growth overall quite weak. The financial markets are expecting the RBA to make further cuts to interest rates in the coming months.”

“As a result, investors seeking yield will continue to reallocate from cash and term deposits into higher yielding assets including real estate. Demand for both residential and non-residential assets should continue and competition for both income generating and development assets will remain high.”

According to the PCA/IPD Property Index, non-residential property has generated a total annual return of 10.6% in 2014, and Folkestone expects a similar return in 2015 as investor demand continues to underpin capital values.

Mr Paramor warned however, that investors need to be cognisant that they do not “over pay” for assets in a market being driven by capital hunting for yield. The market runs the risk that if the disconnect between capital market and real estate market fundamentals widens, the price some investors pay for assets may overshoot the underlying fundamentals.

In relation to the residential sector Mr Paramor said ”the housing boom has not been uniform across Australia. Whilst Sydney has been the stand-out performer with prices up 13% in the year to January 2015, price growth across the rest of Australia’s major cities was between  -0.3% in Canberra and 7.0% in Melbourne.”

Mr Paramor said “there is no doubt the Sydney median house price has risen to levels that make it difficult for first-home buyers to enter the market, but we should remember that the average annual growth in Sydney house prices has only risen by an average of 4.5% per annum over the past 10 years. Sydney is now paying for a gross undersupply of accommodation as a result of poor government planning and high government levies which have restricted the release of land and pushed up land prices.”

“Low interest rates are certainly driving the investor market, with investors taking over owner-occupiers as the largest borrowers of finance in the December quarter. We expect investors will continue to invest in the residential sector in 2015 but in doing so, they need to ensure that they do their homework. There are certain markets such as inner Melbourne and inner Brisbane where an oversupply is looming. The recent APRA announcement around investment lending may go some way to restricting the availability of finance to investors. Overall we are expecting another solid year of housing market conditions and further capital gains, albeit at a more sustainable rate that what we have seen over 2014.”

Mr Winston Sammut said “Notwithstanding Australia’s weak economic outlook, the A-REIT sector is expected to continue to be well supported due to the low interest rate environment currently in place and the prospect for the cash rate to move lower.”

“Despite the strong performance of A-REITs in 2014, we expect A-REITs to continue to provide investors with an attractive alternative to general equities in the year head. The current spread between A-REIT dividend yields and 10 year bonds is circa 220 basis points, well above the long-term average of 80 basis points.

“We also expect continued strong inflows into A-REITs from global investors given the lower Australian dollar and the relative yield premium. A-REITs currently trade on a yield premium of 200 basis points to US REITs and 300 basis points to Singaporean REITs.”

Mr Sammut warned that the key downside risk to the sector is interest rates. With interest rates at historical lows, if investors begin to expect interest rates to rise, we would expect the A-REIT to come under pressure as investor’s transition out of the sector.

Mr Sammut said “We are of the view that the year ahead will be one for stock pickers. How each of the A-REITs manage their real estate portfolios to drive earnings in a low growth environment and implement their capital management strategies will be critical to their performance. Investors should continue to focus on A-REITs that maintain a strict acquisition discipline and take advantage of the competition for assets by selling underperforming assets. A-REITs should also avoid the temptation to lever up while debt costs remain low”.

For further information:

GREG PARAMOR
Managing Director

WINSTON SAMMUT
Managing Director – Folkestone Maxim

About Folkestone
Folkestone (ASX:FLK) is an ASX listed real estate funds manager and developer providing real estate wealth solutions. Folkestone’s funds management platform, with $870 million under management, offers listed and unlisted real estate funds to private clients and select institutional investors, while its on balance sheet activities focus on value-add and opportunistic (development) real estate investments www.folkestone.com.au

Martin Jetpack Maker to List on ASX Next Tuesday

Source: NBR, Calida Smylie; Published: Thursday 19 February 2015

Christchurch-based Martin Aircraft has raised $A27 million ahead of listing on the Australian stock exchange next week.

The company confirmed that Glenn Martin, the co-founder of its flagship product Martin Jetpack, will ring the listing bell in Sydney at 11am on Tuesday to herald its launch on the ASX, to fund plans which it says will make it the world’s first commercial jetpack manufacturer by 2016.

The oversubscribed IPO closed last Friday after raising $A27 million ($28.2 million) ahead of listing, setting the offer price at 40 Australian cents per share. This means Martin Aircraft will have a market capitalisation of about $A97.11 million upon listing.

A Chinese entrepreneurial investor, Hong Kong exchange-listed KuangChi Science, bought most of those shares – or 52.5 million – for $A21 million.

KuangChi will invest a further $A23 million to $A29 million within 30 months of Martin Aircraft’s listing date, in a deal which came about after KuangChi’s chief executive, 31-year-old Liu Ruopeng, was introduced to Martin Aircraft when he accompanied Chinese president Xi Jinping on a visit to New Zealand last November.

The two parties will form joint venture company HKCo, 51%-controlled by KuangChi, which will be responsible for distribution, sales and development activities on behalf of Martin Aircraft in China and Hong Kong once the jetpack has been fully commercialised.

Formative investors cut their stakes in the company ahead of the IPO. Mr Martin sold $1.5 million of the stock taking his stake to 15.9%, while Jenny Morel’s venture capital firm No. 8 Ventures sold $1.9 million worth of shares to hold 19.2% post-IPO. Ms Morel also halved her own personal stake selling 268,519 shares for $107,407.

Martin Aircraft is developing the Martin Jetpack for recreational, surveillance, and emergency response use, and an unmanned aerial vehicle version the Martin Skyhook, to use in conflict and search and rescue operations.

The company says the Martin Jetpack can fly for over 30 minutes, compared with competitors that have flying times of between 30 and 75 seconds, at speeds up to 74 km/h and altitudes of up to 1000 metres. The company expects to make its first jetpack delivery in the second quarter of 2016.

Martin Aircraft made a loss of $3 million in its 2014 financial year and will not make any commercial product for another two years, although says it could make up to 500 Jetpacks a year at its Woolston, Christchurch facility – or a gross $US100 million at the Jetpack’s full retail price of $US200,000.

In August 2013, the Jetpack P12 became the first Martin Aircraft prototype to gain Civil Aviation Authority certification for manned flight. The jetpack does not have approval to fly anywhere but New Zealand.

It has a letter of intent from the US Department of Homeland Security to provide jetpacks and says it is negotiating another letter of intent with an undisclosed business in the renewable crude oil production sector.

Sirona Capital Launches its Latest Real Estate Income Fund

Wednesday, 18 February 2015

Sirona Capital (Sirona) has launched its 7th Fund and the latest in a series of real estate income funds, the Margaret River Shopping Centre Fund (Fund).

Sirona is seeking to raise $9.00 million to acquire the near new Margaret River Shopping Centre (Centre).

The key investment highlights of the Fund include:

  • Attractive investment returns – forecast income distribution of 10.9% p.a. (average p.a and post fees, pre-tax) over a 7 year term, with distributions paid quarterly
  • Strategic location, strong demographics – strategically located in the heart of the Margaret River townsite and the renowned viticultural and tourism region
  • Opportunistic acquisition – the Centre was opened in June 2013 and is being acquired at a 40% discount to replacement cost and 9.3% yield on current fully-leased net operating income
  • Gross income guarantee – acquisition terms include a gross income guarantee from the vendor on the vacant speciality shops in the Centre, which underwrites the fully let income position through to 30 June 2017
  • 20 year lease to Woolworths – over 60% of the Centre’s rent is underwritten by a new 20 year lease to Woolworths
  • Strategic market position – the Centre is the only integrated supermarket/specialties centre in the Margaret River region and includes 204 under croft car bays and at 3,800m2 Woolworths is the largest supermarket in the town, with the competing supermarkets operating out-dated, smaller format stores with restricted parking and access
  • Value add opportunity – Sirona has a well developed leasing strategy for the vacant specialties, to attract quality national and local retailers well inside the vendor guarantee’s expiry
  • Underwritten and co-investment – Sirona has underwritten 83% of the Offer and will co-invest a substantial amount in the Fund

The Fund has an expected term of 7.0 years.

Please find attached a copy of Sirona’s Margaret River Shopping Centre Fund flyer for your consideration.  A full investment information memorandum is available on request.

I commend and welcome your interest in the Fund.

Kind regards

KELVIN FLYNN
Managing Director

Folkestone Half Year Results- Strong Growth in Platform Continues

Folkestone (ASX:FLK) today announced its results for the half year ended 31 December 2014.

KEY HIGHLIGHTS

  • Net profit after tax of $2.0 million, up 23.0 per cent on pcp
  • Funds under management -$870 million
  • Secured a strategic holding in Folkestone Education Trust
  • Folkestone Social Infrastructure Trust unitholders approved a merger with Folkestone Education Trust
  • Launched one unlisted real estate development fund
  • Completed development of Stage 1 of Millers Junction and entered into JV for Stage 2
  • Expanded its residential land exposure in Melbourne
  • Entered into JV to option a key development site in north-west Sydney
  • Successfully raised $42 million from a Placement and Entitlement Offer

Please click on the links below to read Folkestone’s:

Kind regards

GREG PARAMOR
Managing Director

 

About Folkestone

Folkestone (ASX:FLK) is an ASX listed real estate funds manager and developer providing real estate wealth solutions. Folkestone’s funds management platform, with $870 million under management, offers listed and unlisted real estate funds to private clients and select institutional investors, while its on balance sheet activities focus on value-add and opportunistic (development) real estate investments www.folkestone.com.au

 

Connexion Media to Launch Flex at APAC 2015

ASX Announcement

Flex to be launched at APAC 2015

18 February 2015, Melbourne, Australia: Connexion Media Limited (ASX:CXZ), an innovator in the connected car market, will launch its cloud-based connected vehicle management service Flex at the 18th Asia Pacific Automotive Engineering Conference to be held in Melbourne on 11 & 12 March.

Flex will be exhibited at the conference to be held at Crown Promenade in the lead up to the Melbourne Formula 1 Grand Prix. The internationally renowned conference attracts over 200 delegates to witness sessions showcasing the latest in automotive technology, research and development.

The launch of Flex comes after further excellent results from the BETA trials, with many trial participants expected to make the transition to become paying customers.

As outlined at the Connexion Media AGM in November, the first phase of the Flex roll-out will concentrate on Australia, China and the UK. The total addressable market for the product in Australia alone is 2.6 million vehicles.

A campaign promoting Flex comprised of radio and online marketing will commence from the date of the product launch. In addition to advertising, Connexion plans to further market Flex via events and public relations endeavours.

As expected immediate revenues will be generated from Flex on a subscription basis starting at $19.99 per vehicle per month on a 36 month contract, with 12 and 24 month contracts also available.

“The Flex vehicle management service has been designed and developed from the outset for a global market,” said Connexion Media CEO and managing director George Parthimos.

“It is extremely appealing to both fleet managers and vehicle owners locally and abroad, and given the feedback thus far we expect a swift uptake.”

Flex provides users the ability to manage an entire fleet of vehicles from a central control point using cellular mobile connectivity. It provides tracking information to the control point so key performance indicators can be assessed including customised reporting.

Flex is able to track a range of real time and historical data including the location of vehicles, distance travelled, fuel consumption, battery life, engine performance and absolute and average speeds travelled. It is also able to monitor driver behaviour and instantly send notifications and alarms to vehicle owners and fleet managers.

Vehicle owners, fleet managers and drivers will benefit from Flex in a number of ways including improving productivity, safety and vehicle management as well as avoiding OH&S oversights.

The Flex hardware required for each vehicle is a small device that connects to the vehicle’s OBD-II port. This port is standard on most vehicles manufactured after 1996. The hardware then has direct access to the vehicle’s central computer system and can directly access a wide range of important vehicle data information.

The data is sent to the Flex cloud service through a 3G network connection, where it is analysed and made available to the vehicle owner or fleet manager through the dynamic Flex web portal.

For more information on Flex visit: www.flexvs.com

CONTACT

George Parthimos                        Rudi Michelson
CEO & Managing Director               Monsoon Communications
Connexion Media Limited               (03) 9620 3333
0401 616 433

About Connexion Media

Connexion Media Ltd (ASX:CXZ) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. It is based in Melbourne Australia, with a sales office in Cambridge UK.

About Flex

Flex is a cloud based, integrated vehicle management system that gives you control over your entire fleet of cars, trucks and other vehicles from a central point. It simultaneously tracks – in real time – all key performance indicators of your vehicles such as geo-location, fuel, distance, engine, and speed. It also helps improve productivity, driver behavior, and increase awareness of vehicle or fleet performance.

www.flexvs.com

Crowd Mobile December 2014 Trading Update

Crowd Mobile Ltd (ASX: CM8)

Source: ASX, Monday  16th February. December 2014 Trading Update.

Crowd Mobile Limited (Crowd Mobile or the Company), a global crowd-sourced micro job business, is pleased to provide shareholders with the following updates on the unaudited results of the trading entities (“Vendor companies or Crowd Mobile Operating Entities”) for the half year ending 31 December 2014 (HY15). The unaudited results included below reflect the trading operations of the Crowd Mobile businesses acquired by the Company on 13 January 2015.

HY15 marked another period growth for Crowd Mobile Operating Entities. This result was underpinned by continued geographic expansion and growth in revenue, gross profit, EBITDA and paid messages volume within the relevant operating entities.

Key highlights for the six months trading to 31 December 2014 include:

  • Supply and agreements executed to launch services into Italy, Hungary, Portugal, Spain, Poland, and Norway;
  • Messages volume up 30% to 2.2 million;
  • Operating revenue up 20% to $5.6 million;
  • Normalised EBITDA up 40% to $1.4 million, reflecting the leverage of high gross margins and sales growth over the fixed cost infrastructure; and
  • Headcount (FTEs) increase from 10 to 20.

To read the full announcement please download the document below.

Samuel Terry Fund Performance Summary – January 31, 2015

Dear unitholders,

As usual, I attach the Fund’s monthly report, as well as a summary of the Fund, with $US versions in blue.
As the Fund has now re-opened to new investors, I attach a copy of our Information Memorandum, and our presentation.
So far this month, the Fund is up 1.8% in $A terms and up 0.4% in $US terms.

Feel free to contact us with any questions or comments.

Fred Woollard and Nigel Burgess

Samuel Terry Asset Management Pty Ltd
www.samuelterry.com.au

Prescient Seeing Into The Future

Prescient could end 2015 with five active clinical trials investigating drugs with the potential to bring better outcomes for cancer patients around the world.

In its former incarnation as Virax Holdings, Prescient Therapeutics (PTX) gave its shareholders the full gamut of experiences on the roller-coaster ride of biotech investment, ranging from a 60% fall in share price February 2003, on the announcement that a proposed HIV vaccine did not elicit an immune response, to a 90% increase in 2009 following a licensing deal.

The company eventually went into voluntary administration, but was reconstructed and recapitalised in May 2014, through a $3 million private placement. Since then Virax has changed its name to Prescient Therapeutics, tidied up its shares on issue through a one-for-20 share consolidation, and acquired two promising cancer compounds, both of which target the processes that allow tumours to survive and grow. Prescient could end 2015 with five active clinical trials investigating drugs with the potential to bring better outcomes for cancer patients around the world.

The $3 million raised in May allowed Prescient to buy Pathway Oncology, and its first-in-class anti-cancer drug GGTI 2418, in June 2014, for $500,000 (in shares). GGTI-2418 – now known as PTX-100 – came out of research at Yale University, which is now a large shareholder in Prescient. PTX holds an exclusive worldwide licence from Yale University for PTX-100 for the treatment of multiple myeloma, breast and pancreatic cancer.

Pre-clinical data has shown that PTX-100 can work in situations where tumours have become resistant to front-line chemotherapy drugs: breaking through that cellular resistance can allow the frontline drug to reinstate its ability to destroy tumour cells. Prescient expects to begin Phase 1b trials of PTX-100 in the first half of this year: a trial on multiple myeloma will be conducted at the Lee Moffitt Cancer Centre in Tampa, Florida, while a trial on breast cancer Phase 1b trial is being run at the Montefiore Centre in New York.

To read the full story please click here.

Wholesale Investor National Investor Sentiment Survey FY15 Q1

It has been an extremely busy start to the year at Wholesale Investor. With a number of domestic and international events planned over the coming months, we are looking forward to our biggest year to date!

To begin the year, we conducted our bi-annual Investor Sentiment Index Survey to discover the types of opportunities that you are seeking, along with your general thoughts on the market for 2015. The anonymous and confidential Investor Sentiment Index survey serves the purpose of:

  • Providing you with a voice to the Financial and Business community about the types of investment opportunities you are seeking.
  • Identifying changes in investor sentiment and highlighting new trends.
  • Increasing awareness about what the Australian High Net Worth and professional investment community is seeking.
  • Continuously evolving the types of opportunities in which we provide you.
  • Assisting companies which are seeking capital to understand what the Wholesale Investor ecosystem is seeking when investing into Private and Small Cap Listed companies.

The Wholesale Investor Sentiment Index results continue to be used in the media as a leading indicator for trends in the HNW investment community. Often we see trends highlighted by our surveys, being expressed in the following months by the market place.

To see  the full survey results, please download the document below.

For further Information, please contact Managing Director Steve Torso:
Email: s.torso@wholesaleinvestor.com.au

Christchurch Adventure Park Latest Media Releases

Bike Park Tipped as Big Boost to Tourism
By Tina Law on http://www.stuff.co.nz/

A new $25 million adventure park in Christchurch’s Port Hills will attract thousands of extra international and domestic visitors to the city, a tourism leader says.
The 358-hectare park on forest land between Dyers Pass, Worsleys and the Summit roads, had a broad appeal, Christchurch and Canterbury Tourism chief executive Tim Hunter said.
“I think once it gets going it will attract an extra 100,000 visitor nights to Christchurch.”
He believed it would encourage those already visiting the city to stay longer and would attract a big contingent of backpackers and young people.
“Having the attraction so close to the city really is going to meet a need that we think is there at the moment.”
Canadian developers Select Evolution said it hoped to start construction of the park this year after the project was granted resource consents this week.
The park would be the largest lift-accessed downhill mountain bike park in the southern hemisphere, the company said.

Click here to read the full story.

Govt Gives $2m for Port Hills Bike Park, Chairlift and 120km of MTB Downhill Trails
By Alan Wood on http://www.stuff.co.nz/

The Government is coughing up $2 million for a mountain bike park on the Port Hills. The 315-hectare Christchurch adventure park is one of six tourism projects to get this backing in the first round of funding through a Government scheme. The park will be located on land between Dyers Pass, Worsleys and Summit roads. The developers behind the park will contribute a further $20.5 million. The funding partnership was announced at the Trenz 2014 tourism conference today.

The developer, Select Evolution New Zealand, says it wants to build 120 kilometres of groomed trails on the forested land. The park would also have a 1.8km purpose-built chairlift rising 435 vertical metres, along with a restaurant, on-site accommodation, retail areas and other “adrenaline-based” activities. An increasing number of international mountain bikers were demanding world-class facilities as a destination, the organisers said in a statement. The park would run year round to provide off-season tourism and an anchor attraction to Christchurch.

Click here to read the full story.

Christchurch Mountain Bike Park
From http://www.selectevolution.com/

The Christchurch Adventure Park is the working title of the project to create the world’s first purpose built, year round chairlift accessed downhill mountain bike park on the Port Hills near Christchurch, New Zealand. Select Evolution, a developer focused on creating exciting new adventure sport destinations globally, leads the project.

The ethos is simple; we aim to produce the world’s best quality, most accessible downhill mountain bike park in the world. Building on our experience of similar operations worldwide, this will provide opportunities for all levels of ability and knowledge, from total beginners who require equipment rental and skills instruction to the world’s top downhill mountain bikers in search of the perfect destination for training and competition.

Click here to read the full story.

Exciting Plans for New Mountain Bike Adventure Park
By LennyBoy on http://cyclingchristchurch.co.nz/ 

Some very interesting news recently with plans for a mountain bike adventure park right on our back-door in the Port Hills near Cashmere. Developers Select Evolution have submitted a resource consent for a 350 hectare park with a variety of outdoor activities in the hills off Worsleys Rd.

The Christchurch Adventure Park sounds like a very exciting opportunity, not just for biking but for a whole range of other activities too. Obviously there is a commercial element in there to make a return on investment. But the general public will also be able to access the biking trails free; it’s just the other facilities like the chair-lift, recreational fun-rides, accommodation, and other commercial buildings that would require you to fork out of your pocket. Also great to see nice touches like changing/toilet facilities and easier trails and pump tracks for the younger ones too.

Click here to read the full story.

Would you like to have your say about the Christchurch Adventure Park? Visit the Christchurch City Council Consultation page to complete your submissions. Click here to do it.

Castle Point Ranger Fund February Update

The Ranger Fund monthly Fact Sheet is now available.
The Ranger Fund is a high conviction portfolio of New Zealand and Australian listed companies. The Fund’s objective is to provide equity-like returns over the long run while minimising exposure to extreme share market fluctuations. During periods of market stress, the fund will seek to preserve capital by preserve capital by holding significant amounts of cash and bonds, shorting individual shares, selling index futures contracts and/or buying index put options. The Fund will not be levered or net short.

Performance Commentary:
During the month of January the performance of the Ranger Fund was hindered by the performance of Macmahon Holdings, Emco Holdings, Swick Mining Services and Boom Logistics. The Fund benefited from positive performance by Paperlinx, Australian Vintage, Wellcom Group, Tower and Vista Group International.

To read the full story, please click the button below. 

Prescient Therapeutics Acquires Exclusive Worldwide Licence for Cancer Biomarker p27

ASX Announcement, 9th February 2015, Melbourne Australia.

  • p27 has the potential to be a companion diagnostic for its clinical stage RAS inhibitor candidate, PTX-100
  • p27 biomarker to enable identification of cancer patients likely to respond to PTX-100
  • Competitive licensing terms, with standard milestones tied to successful product development

Prescient Therapeutics Limited (ASX: PTX), a clinical stage oncology company, announced that is has further strengthened its oncology portfolio by acquiring the exclusive worldwide intellectual property rights to a novel predictive cancer biomarker known as p27 from the Moffitt Cancer Center in the United States. Prescient plans to use the p27 biomarker as a “companion diagnostic” for its clinical stage RAS inhibitor candidate RSX-100 (formerly known as GGTI-2418). Under the terms of the licence agreement, Prescient will pay an upfront cash payment and annual payments to Moffitt, as well as undisclosed lump sum payments on achievement of key clinical and commercial milestones.

By liscensing this predictive cancer biomarker, Prescient has the potential to identify those cancer patients most likely to benefit from its novel drug PTX-100. Patients with low levels of p27 are more likely to respond to PTX-100. Having completed a phase 1 safety study, PTX 100 is moving into Phase 1b/2 clinical trials as a potential new therapy for breast cancer and multiple myeloma. PTX-100 holds promise as a chemotherapy drug for other cancers such as prostate and pancreatic.

To read the full document, please click the button below.

YuuZoo Signs Exclusive Partnership Agreement With JW Lottedi in China

  • Exclusive partnership between YuuZoo China and Mega Mall (China) will offer Chinese consumers a unique Offline-to-Online (O2O) business model.
  • YuuZoo will become the exclusive e-commerce platform for JW Lottedi Mega Mall throughout China.

Singapore, February 06, 2015:
Singapore listed YuuZoo Corporation (“YuuZoo” SGX: AFC), the world’s first 3rd generation mobile social e-commerce company, today announced it has signed an exclusive partnership for the development of a social e-commerce network for the JW Lottedi Mega Malls in China.

JW Lottedi is part of Jingwei Group, which owns several companies nationwide and has total group assets of 2.6 billion RMB (US$416 million). JW Lottedi Mega Mall is a new Korean-themed shopping, entertainment, and leisure mall concept. The first Mega Mall will be ready in August 2015 and is expected to be one of the most fashionable shopping complexes in the country, with some 600 merchants.

Under the terms of the agreement, YuuZoo will develop JW Lottedi Mega Mall’s own social e-commerce network, which will sit withinYuuZoo’s fully localized and mobile-optimized social e-commerce virtual shopping mall for China, www.yuuzoo.cn.

Through the exclusive tie-up, all the merchants of any JW Lottedi Mega Mall will be able to provide their products to the 700 million consumers reached by YuuZoo China’s virtual shopping mall through YuuZoo’s exclusive partnership with Great Sports Media Co Ltd, the fully owned sport, lifestyle and casual gaming division of Shanghai Media Group.

The Mega Mall social e-commerce networks will be supported by significant marketing exposure both through TV advertising and during TV shows through banner advertisements, QR codes and studio host announcements. JW Lottedi will promote the network extensively in all the brick-and-mortar Mega Malls. Through this offline-to-online (O2O) business model, the visitors to any Mega Mall and its various stores will become members of the YuuZoo.cn network, effectively converting offline customers to members of YuuZoo’s social e-commerce network and into online consumers.

According to eMarketer, retail ecommerce sales in China, excluding travel, increased by 35% to US$426.26 billion in 2014[1]. Retail ecommerce sales growth rates will remain in double digits through 2018, when sales should comfortably exceed US$500 billion. China will exceed US$1 trillion[2] in retail ecommerce sales by 2018, accounting for more than 40% of the total worldwide sales. By 2020, China’s e-commerce market is forecasted to be larger than those of the US, Britain, Japan, Germany, and France combined[3].

Speaking on the tie-up, Yuandong Qu, Managing Director, Jingwei Group remarked, “YuuZoo has a unique business model and it is the perfect means to help tap in the huge and fast-growing China retail ecommerce market. YuuZoo is giving us the perfect platform to expand our reach in China and even the rest of the world through its unique social e-commerce platform and huge franchise and partner network. We are investing 3 billion RMB (US$480 million) in new properties and we intend to grow our business bigger by bringing it to the Internet through YuuZoo.”

Commenting on this new partnership, Thomas Zilliacus, Chairman and CEO of YuuZoo said, “YuuZoo is delighted to partner with a Chinese industry stalwart. Mega Mall has a unique Korean theme concept and China is experiencing a Korean products craze from rice cookers to creams and K-Pop. Anything South Korean is red-hot in China right now. Through YuuZoo, Mega Mall is extending its presence online in China and through the offline-to-online model, YuuZoo is offering its customers a unique buying experience wherein they can touch and try the products in the Mall, then buy exclusive merchandise they like from the comfort of their home, or alternatively view the products online then buy them in the Mall. This offline-to-online model is pioneered in China through the partnership between YuuZoo and Mega Mall. It is an exciting new development of our business in China, and we expect it to show significant new revenues very soon.”

-END-

For more information, please contact:

Aru Adil Syed
Head of Corporate Communications
Email: aru.sayed@yuuzoo.com

Collaborate Corporation Raises $1.26m to Advance the Development of its Collaborative Consumption Business

ASX Announcement, 21st January 2015

Collaborate Corporation Raises $1.26m to Advance the Development of its Collaborative Consumption Business

  • Placement to high net worth and institutional investors closed heavily oversubscribed
  • DriveMyCar Rentals funded to pursue immediate growth plans
  • Director continues to demonstrate confidence in the Company and its strategy via participation in the capital raising.

Collaborate Corporation Limited (Collaborate or the Company) (ASX: CL8) is pleased to announce that it has capitalised on the recent increased interest in the Company by raising $1.26 million via a heavily oversubscribed placement to institutions and sophisticated investors (Placement).

The Company will issue 63,000,000 fully paid ordinary shares at an issue price of $0.02 per share (Placement Shares). Subject to shareholder approval, the Company proposes to issue 31,500,000 free attaching listed CL80 options excerisable at $0.02 per option and expiring 30 April 2017 (Placement Options) on a 1 to 2 basis to investors in the Placement.

The Placement Shares will be issued will be issued in two tranches, as follows:

  • Tranche 1: Issue of 53,000,000 Placement Shares to raise $1,060,000 on or around 29 January 2015; and
  • Tranche 2: Issue of 10,000,000 Placement Shares to raise $200,000 subject to shareholder approval.

Mr Domenic Carosa, a non-executive director of the company, will subscribe for $50,000 of the Tranche 2 Placement Shares, subject to shareholder approval.

DJ Carmichael and Foster Stockbroking acted as joint lead managers to the placement.

To read the full document, please click below.

Sementis Ltd Announces New Developments

Sementis has recently announced that over the past few months a number of “proof of concept” experiments have been successfully undertaken demonstrating the following:

1) The attenuated SCV is totally attenuated. That is, the data proves that the platform is non-replicating in mice which is one of the core aspects of the technology.

2) SCV vaccination protects mice from ECTV which is a mouse pox disease. This is the standard test for a vaccine to be considered a smallpox vaccine for humans.

3) Sementis’ Chikungunya vaccine-antigen design has been proven effective in protecting mice against Chikungunya infection – which has reached epidemic proportions in parts of the world.

4) Preliminary results from the peanut vaccine experiments are encouraging and consistent with a shift from an allergic TH2 to a TH1 response post-vaccination which is the primary objective.

Sementis’ Chairman, Maurice O’Shannassy commented,
“Needless to say, that with these results, we are extremely excited about the future and continue discussions with very interested potential global partners”.

Proteomics International Laboratories Ltd CEO Interview

Proteomics International Laboratories Ltd (PILL) is an innovative biological research and drug discovery company specialising in the development of simple diagnostic tests for common diseases and the discovery of new therapeutic drugs to treat pain and infection. The Company, based in Perth, Western Australia, works across three units – diagnostics, therapeutics and analytical services.

The Company now seeks additional funding of $6 million to expand each business unit and accelerate commercialisation. It focuses on utilising the funds raised to commercialise the already-developed IP, and implement a measured programme for further compound discovery, whilst expanding existing revenues to underpin future efforts.

To find out more about PILL please listen to Dr Richard Lipscombe, Managing Director.

Prescient Therapeutics Ltd FY15 Company Update

Prescient Therapeutics (ASX:PTX), is a clinical stage oncology company developing small molecule inhibitors of the Ras and AKT signalling pathways to treat a range of cancers of unmet medical need, including breast, multiple myeloma, ovarian and AML. Prescient has added 3 new high profile Non-Executive Director’s Mr Steve Engle, Dr James Campbell and Mr Steven Yatomi-Clarke as well as bolstering it’s Scientific Advisory Board with the addition of Professor Douglas Joshua, a world-leading expert in multiple myeloma.

Prescient has also acquired oncology company, Aktivate Therapeutics finalised on 28 November 2014, a strategic move that deepens the pipeline of exciting products that the company is advancing through the clinic. With a strengthened pipeline and management team, the company has now decided to change name and rebrand as Prescient Therapeutics.

Please click on the ‘Receive Information’ button below for more information or to register your interest.

 

ABOUT PRESCIENT THERAPEUTICS 

Prescient Therapeutics (formerly Virax Holdings) is a clinical stage oncology company developing novel targeted approaches to treat cancers of high unmet need, such as advanced breast, ovarian, multiple myeloma and acute leukemia.

The company raised A$3M in June 2014 and has in the last 6-months acquired a deep pipeline of products through strategic company acquisitions. Prescients’ pipeline includes a small molecule inhibitor PTX-100 (GGTI 2418), capable of blocking the Ras cancer pathway as well as PTX-200 (TCN-P) which inhibits the AKT pathway, another key pathway that contributes to cancer.

Together these novel drugs provide Prescient the unique ability to run five active clinical trials, within the next 12-months, at some of the worlds best Cancer Centers. The aim is to bring to provide better outcomes for cancer patients around the world.

BioDiem Ltd FY15 Company Update

BioDiem saw the approval and product launch of flu vaccine Nasovac-S in India by licensee, Serum Institute of India (SII), one of the world’s biggest vaccine producers. This starts a royalty flow on sales of this intranasal ‘flu vaccine in the private market in India.

BioDiem’s antimicrobial, BDM-I continues to generate overseas interest due to wide possible applications as a future treatment for infections. As the world becomes more aware of “superbugs” the importance and potential market attractiveness of BDM-I is enhanced. BioDiem has announced a fund raising of $0.5m for equity in the BDM-I project.

Please click on the ‘Receive Information’ button below for more information or to register your interest.

 

ABOUT BIODIEM

With rising global concern about “superbugs” and antibiotic resistance. BioDiem is well-positioned with its focus on commercialisation of infectious disease therapies. We have technologies targeting influenza and hard-to-treat infections, and have established ‘flu vaccine licences already with commercial partners in India and China. Our revenue comes from licence fees and royalties on sales. The seasonal influenza vaccine Nasovac-S™ is marketed in India.

BDM-I, our patented antimicrobial compound targets treatment of serious human infections. We have benefited from studies on BDM-I conducted by major research institutions in the United States and locally. BDM-I is currently in the preclinical stage of development.

 

Heyrex Ltd FY15 Company Update

Heyrex has progressed its business model by launching its services into the North American veterinary market. The strong interest from the US market where Heyrex is continuing to recruit veterinary hospitals and research institutions, will be supported by a joint venture with Midwest Veterinary Services (MVS) based in the Kansas animal science corridor. MVS will partner Heyrex to provide North America business development, after sales support and research and development for the Heyrex product pipeline.

Having raised $1.5m during 2014, Heyrex is now undertaking a further round of funding to support its growth and is seeking up to $5.0m.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

 

ABOUT GLOBAL WEALTH PARTNERS 

Global Wealth Partners Fund Ltd (“GWP”) offers investors an opportunity to diversify their portfolios with global assets, by providing access to leading alternative investment managers with proven track records of protecting and growing capital over the medium-to-long term in mixed market conditions.

GWP is seeking to raise a minimum of A$100 million and up to A$300 million and list on the ASX. Proceeds of the offer will be invested with four leading US-based investment managers which collectively manage in excess of $5.5bn. While each manager has a different investment approach, they share the following in common;
- fundamental bottom up stock pickers with a value bias
- track record of performing well during difficult market conditions
- delivered their outperformance with a significantly lower volatility than the broader market, reflecting their focus on preserving capital against market downturns
- their employees hold material investments in their funds, providing a genuine alignment of interest

 

Global Wealth Partners FY15 Company Update

GWP has raised $16m and has had a strong first quarter, recording a USD denominated return of 3.7% as compared with the broader market return of 1.0%. As a result of the depreciation of the AUD, GWP’s total return (post fees) expressed in AUD was 10.5%.

Global Wealth Partners (GWP) was launched on 1 October 2014. GWP invests in global equities through four leading global investment managers, each with a long track record of strong performance. Its objective is to protect and compound investors’ capital through all market conditions.

Please click on the ‘Receive Information’ button below for more information or to register your interest.

 

ABOUT GLOBAL WEALTH PARTNERS 

Global Wealth Partners Fund Ltd (“GWP”) offers investors an opportunity to diversify their portfolios with global assets, by providing access to leading alternative investment managers with proven track records of protecting and growing capital over the medium-to-long term in mixed market conditions.

GWP is seeking to raise a minimum of A$100 million and up to A$300 million and list on the ASX. Proceeds of the offer will be invested with four leading US-based investment managers which collectively manage in excess of $5.5bn. While each manager has a different investment approach, they share the following in common;
- fundamental bottom up stock pickers with a value bias
- track record of performing well during difficult market conditions
- delivered their outperformance with a significantly lower volatility than the broader market, reflecting their focus on preserving capital against market downturns
- their employees hold material investments in their funds, providing a genuine alignment of interest.

 

Connexion Media Ltd December 2014 Quarter Review

December 2014 Quarter Review

30 January 2015, Melbourne, Australia:  

After its ASX listing in August 2014 Connexion Media Limited (ASX:CXZ) has generated strong news flow in our endeavour to realise revenue streams from our two core products miRoamer and Flex.

miRoamer

The miRoamer Internet radio and music service Android app was launched at the Paris Motor Show in October. It was thefirst app in the world to be demonstrated on the new MirrorLink® v1.1
platform, available in various vehicles at theshow. The app’s availability on MirrorLink® v1.1 means it will be accessible in many next generation hardware products across the new and aftermarket vehicle sectors.

During the quarter Connexion announced a number of important new deals that are expanding the miRoamer app global audience.

The first deal was signed with German automotive giant Continental whose Interior Division will integrate the app into itsstate of the art infotainment hardware systems to be sold to vehicle manufacturers worldwide.

Given its availability via the touch screen MirrorLink® system miRoamer will be available in various
Volkswagen Group vehicles including the Polo, Passat, Passat Estate, Beetle and Beetle Cabriolet. This list will expand as new models are launched throughout 2015. This deal marks the first production release of vehicles comprising the miRoamer service.

Connexion also announced that the new Skoda Fabia will make miRoamer available to its drivers through theMirrorLink® v1.1 head unit. This will be common across all new MirrorLink® enabled Skoda vehicles moving forward.

These deals alone see miRoamer with an addressable market size of approximately 9.5 million
vehicles over the next five years. Connexion expects this number to continue to rise sharply as new automakers and models are signed.

miRoamer was also showcased at the Samsung Developer Conference in San Francisco involving about 3,000 people. Astand at the conference dedicated to MirrorLink® provided a
demonstration of the miRoamer app to attendees using Samsung mobile devices and car stereo head units.

Connexion also announced it had reached agreement with digital music streaming service Deezer, making it a platinum partner to the miRoamer platform. This will enable miRoamer users to use Deezer in-vehicle and on mobile devices fromearly 2015.

The deal substantially increases the miRoamer audience size and provides users with access to 35 million music tracks,30,000 radio stations and 100
million shareable playlists.

Flex

In November Connexion announced the launch of Flex, our new cloud-based connected vehicle management service.

Flex provides the ability to manage an entire fleet of vehicles from a central control point using cellular mobileconnectivity. It can provide tracking information to the control point so key performance indicators can be assessed.

Flex enables users to track a range of real time and historical data including vehicle location, distance travelled, fuel consumption, battery life, engine performance and absolute and average speeds travelled.

The BETA trial of Flex has been ongoing throughout Melbourne and Adelaide and feedback thus far is very positive. Connexion expects the product to be officially launched during Q1 2015 with immediate revenues to be realised via user subscriptions.

Vehicle owners, fleet managers and drivers will benefit from Flex in a number of ways including improving productivity,safety and vehicle management, as well as avoiding OH&S oversights.

The Flex hardware required for each vehicle is a small device that connects to the vehicle’s OBD-II port. This port is standard on most vehicles manufactured after 1996.

Corporate

On 14 November the Connexion Media Annual General Meeting was held with all resolutions put to shareholders passed.

During the quarter Connexion announced a non-renounceable pro-rata entitlement issue of options to Australian and NZ shareholders. Participating shareholders will receive two options for every three shares held at an issue price of 1.5cents per option, exercisable at 20 cents per option before the expiry date of 31 August 2016. Connexion will apply tolist the options on the ASX with the offer fully underwritten by Raven Holdings Pty Ltd if a shortfall occurs.

Connexion also signed a corporate services mandate with Raven Holdings during the quarter. Raven will provide corporate advisory and capital markets services as well as underwriting the rights issue.

CONTACT

George Parthimos                                  Rudi Michelson
CEO & Managing Director                        Monsoon Communications

Westlake Funding FY15 Company Update

In 2014, Westlake Funding participated in Investor Showcases in Sydney, Melbourne and twice in Singapore. The Company has had a hugely successful 2014 and some highlights include:

  • Westlake receiving in excess of 70 direct contacts or Expressions of Interest from Singapore alone, which was a fantastic result.
  • Investors continuing to be attracted to the Company’s Redeemable Preference Share investment model offering a credit insured fixed return of up to 8% paid quarterly.
  • The company is currently in discussions with a major Investment Bank in Australia and has recently been approached by a Hong Kong based Fund Manager impressed with the investment model and the security of return and confidential negotiations are ongoing to make a major investment in Westlake Preference Shares.
Please click on the ‘Receive Offer’ button below for more information or to register your interest:

 

ABOUT WESTLAKE FUNDING 

Westlake provides a unique opportunity to Wholesale and Professional Investors to receive an above average yield on a credit insured investment. Westlake Funding Ltd is also currently providing established Australian businesses with access to the working capital they need and is currently looking to expand its operations.

The Debtor Finance industry had a total turnover of $63.7 billion in the 12 months to March 2014 and is continually being adopted as a finance product by Australian businesses.

 

eNurse FY15 Company Update

eNurse Pty Ltd

eNurse.com.au is a comprehensive website completely dedicated to servicing the personal and professional needs of nurses and employers. The Company had a hugely successful 2014 with major highlights including:

  • Successfully raising over $1 million from a large investment group.
  • Reaching the final stages of a large re-development
  • Securing additional education contracts with some leading publishers
  • Beginning their international expansion through a number of their business divisions

ABOUT ENURSE

eNurse.com.au is a comprehensive website completely dedicated to servicing the personal and professional needs of nurses and employers. eNurse is:
• Professional development tool for Nurses and Midwives
• Source of online CPD
• Job, Course & Event Board
• Online Store
• Connection between advertisers and the market

In under 36 months, eNurse has acquired over 27,000 registered members (with a total user database of over 70,000). It has grossed over $5M in sales, experiencing 53.5% growth from it’s first to second year.

eNurse is about to transition into stage two of its three identified stages of development, unlocking several new high margin income streams with little increase in operational expenses.

eNurse is established and profitable. The business model is bold, innovative and expanding.

ETRAIN Interactive Pty Ltd FY15 Company Update

ETRAIN Interactive raised $500,000 with local investors from Australia.

Signed an MoU with TAFE SA, the largest training organisation in Australia with over 80,000 students, to jointly develop and market online 3D-based training simulations for the domestic and overseas students.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.


 

ABOUT ETRAIN INTERACTIVE 

ETRAIN Interactive is a technology and training company delivering a world first – online, subscription-based 3D training simulations.

With a global client portfolio, proprietary technologies that enable cost-effective development and a large, experienced team, ETRAIN Interactive is perfectly positioned to disrupt the training industry.

ETRAIN’s subscription-based training simulations are:
- Easy to use and engaging for all levels of computer proficiency
- Easily modified for non-English speaking markets
- Comparable in cost to text-based eLearning and cheaper than long-term, face-to-face training
- Aligned to the highly-regarded Australian Qualifications Framework

As a medium for the delivery of training, the potential of 3D simulations is enormous. The market cap of 3D interactive gaming exceeded $US100 billion in 2013 and is growing. With the obvious benefit of being ‘first to market’, the opportunities for ETRAIN are substantial.

MACRO Realty Developments FY15 Company Update 2015

Established in 2002, MACRO Realty Developments (MRD) specialises in the strategic acquisition, development and management of Australian investment property. In particular, highly cash flow positive property; targeting areas in Western Australia’s Pilbara region.

Highlights 2014

  • Completion of a complex of 21 residential apartments and 3 commercial premises
  • Near completion of the Pilbara’s largest private subdivision
  • $45m plus funding facility secured with multi-billion dollar Hong Kong based fund manager
  • Presales completed in-house for 4 MRD projects, totalling more than 300 dwellings Successful establishment of sales and capital raising models in Asia
  • Implementation of a global sales team, trained and qualified as financial planners
  • Successfully applied for an AFSL

 Opportunities 2015

  • Direct property purchases delivering an unlevered return of 8-12% p.a.
  • Investment into diversified Australian property portfolios with fixed returns
  • Project funding opportunities returning 8-20% per annum
  • Bespoke joint venture opportunities

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

 

 

ABOUT MACRO REALTY DEVELOPMENTS

MACRO Realty Developments (MACRO) specialises in the creation of opportunities for property investors through careful identification and selection of sites, operation of an outstanding sales model, and use of a tried and tested systemic approach to property development. Forming part of a property investment group, we specialise in the syndication of residential and commercial projects in Australia, and we provide a one-stop-shop to property investors of all levels.

 

Z-Filter Pty Ltd FY15 Company Update

Highlights of 2014:

  • Prototype machine to a full production machine that is now operational in the field for commercial contracting programs.
  • The iron ore program has demonstrated the Holy Grail of the mining industry the ability to produce dry stackable tailings for iron ore coal etc. the ultimate goal of this program is the ability to remove tailings dams completely and return all water to the mine so that no or very little water and chemicals escape into the environment.  This could be the start of a massive new industry.
  • Z-Filter has shown that no other system works as well on wastes: see the video on the Z-Filter web site under the pig trials. Click here to watch 
  • The first project in waste water will result in a series of major contracts for waste water treatment plants all around Australia this year and long term.
  • This technology is applicable to many products not just septic wastes.
  • For example we are working with the Dairy industry on fermented yoghurt waste that would result in a massive global market.
  • We are preparing for a new capital raising for Z-Filter in 2015

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

 

ABOUT Z-FILTER

Filtration, separation, and drying are some of the primary processes for the production of almost everything.  We Z-Filter; FILTER using gravity, SEPARATE with just vibration and DRY without heat or pressure.

These technologies are universal with applications in many industries, patented/pending, low cost, light weight, simple, energy efficient, high volume and essential to a high standard of living and a clean environment.

We achieve this with three product ranges:

  • Z-Filter = Filtration separation compaction of soft solids e.g. sewerage, industrial, agriculture, food beverages
  • Z-Splitter = Separation of particles according to size and structure down to 5 micron in high volume mining  industrial e.g. clean iron ore and coal
  • Z-Dryer = Drying of fine solids e.g. for safe transport of iron ore

Great wealth can be produced from using these technologies by processing; dirty, iron ore or coal; cleaning it to produce high grade, clean, dry, ores for steel.

The first product is the Z-300A filter with first deliveries to Europe.

 

Long Pipes FY15 Company Update

Highlights:

  • Prototype to a complete production process…. Producing pipe in the field
  • Contracts in negotiation for first commercial projects in the next two months.
  • Long term large contracts continuing for supply in last half 2015
  • New Managing Director appointed and operational

Attended:

  • Pipe Technology Conference in Berlin very successful and are expected to be presenting in 2015
  • International Pipe Conference in Calgary very successful with thousands ok kilometres of pipe requested

Presented:

  • Our first conference for a display stand this was very successful with enquiries for purchase of company and supply of materials
  • Wholesale Investor Sydney Show Case November very successful and on track for raising $4M February 2015

Capital raised:

  • $3M+ for development

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

 

ABOUT LONG PIPES 

Long Pipes objective is to develop and sell the Fluid HighwayTM; a seamless, continuous, composite pipeline, for offshore and onshore operations, over any terrain, over long distances – we call it the “Fluid Highway™” (FH).  Long Pipes business model is to produce and sell the Fluid Highway; or construct the FH and sell the fluid moving through the “FH” such as water oil or gas. The FH is a light, efficient and durable, impermeable, (does not leak gas), pipeline technology that is manufactured at a rapid rate in the field with no joints or welds required. The resulting composite pipe is strong, flexible and able to withstand extreme temperature variations and high pressure.

 

Sterling First Ltd FY15 Company Update

Completed merging of its core businesses in:

  • property services – Sterling First Projects,
  • funds management – Acquest Corporate Services and
  • property management – Rental Management Australia.

Reported a combined net profit after tax for the group of $2.8 million for the 2014 financial year.

Operations in WA were expanded into Queensland.

Launched the Residential Property Investment Trust (RPIT), a unique residential trust providing affordable housing solutions to retirees.

The Sterling New Life retirement housing product was launched.

Development construction debt and equity funding secured to commence construction of the initial batch of the multi key residential houses for the RPIT and Sterling New Life.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

 

ABOUT STERLING FIRST

Sterling First Limited (“Sterling First”) has established the Sterling Residential Development Syndicate (WA) Pty Ltd (“Syndicate Company”) to raise funds to be advanced as a secured loan to the RPIT Development Sub Trust No 1 (“Development Trust”).

  • The Development Trust is using the funds to acquire and construct multi key dwellings, which are then acquired by the Residential Property Investment Trust (“RPIT”) at an agreed development margin.
  • The RPIT is a unique residential property trust that acquires and holds multi key residential property and specialises in providing affordable housing solutions to retirees.
  • Sterling First is a highly experience property group covering property management, funds management, property sales, origination and project management.

 

 

Stitch.net FY15 Company Update

Stitch raised $1M seed round from venture investors in the US and Australia in late 2014. It has continued to experience outstanding 35% month-on-month growth since then, and is now live in southern California and the New York tri-state area.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

ABOUT STITCH.NET

Stitch is one of Australia’s most exciting early-stage internet start-ups, attracting investment from Silicon Valley and New York venture funds and attracting interest in international publications from the New Yorker and Forbes magazine through to the San Francisco Chronicle and the BBC.

Stitch is online companionship reimagined to meet the needs of older adults.

Stitch allows older adults to find companionship in a range of different ways, which goes far beyond romance. With outstanding early stage results and significant enterprise partnerships in the pipeline, Stitch is poised to become the trusted destination for older adults around the world who need a little more companionship in their lives.

SelfWealth Ltd FY15 Company Update

It was an exciting end to 2014 with SelfWealth included as one to watch in the global Top 50 FinTech Innovators list compiled by AWI, KPMG and the Financial Services Council. SelfWealth also emerged as the winner of the FST Media’s Start-Up Showdown at the 9th annual Technology & Innovation  – The Future of Banking and Financial Services.

Looking ahead, SelfWealth aims to upload 20,000 portfolios in the first half of 2015, most of which will be self-managed super funds and another 5,000 every month over the next 2-3 years.  The company also plans to launch Australia’s most affordable online broking solution called ‘FORTify’.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

 

ABOUT SELFWEALTH LTD

SelfWealth was born out of frustration with overvalued advice and underperformance in the financial services industry. SelfWealth changes the way people invest and empowers individuals and Self Managed Superannuation Funds (SMSFs) to manage their own investments. SelfWealth provides the tools and resources to enable investors to potentially outperform the market without paying high fees and commissions.

SelfWealth’s aim is to be the portfolio management social networking/community of choice for the Self-Managed Superannuation Fund sector and self-directed investors, firstly in Australia and then globally. The aim is to secure this position through distribution agreements with leading SMSF suppliers, Industry Funds and other channels.

 

Australian Electric Infrastructure and Transport Company (AEIT) FY15 Company Update

Australian Electric Infrastructure and Transport Company Pty Ltd (AEIT) is a Brisbane based company established to commercialize OLEV (On-Line Electric Vehicles) Zero Emission Public Transportation Solution in Australia.

In 2014, AEIT established two subsidiary companies:

1. OLEV Power Systems – was granted its own 10 years – Electricity Distribution License in July.

2.  OLEV Transport Company – was granted its Public Transport Operator License in December.

3. Works in Progress:

  • In December 2014 electric chassis manufacturing design works were completed and designs approved by the board for manufacturing of OLEV Buses.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

ABOUT AEIT

Australian Electric Infrastructure and Transport Company Pty Ltd (AEIT) has been established to commercialize the OLEV (On-Line Electric Vehicles) Zero Emission Public Transportation Solution in Australia.

The OLEV technology delivers an environmentally sustainable transport solution with vastly lower energy consumption. It provides electric powered public transport in continuous operation on both dedicated and semi-fixed route transit systems. Its advantage is zero emissions compared to current Diesel and Gas buses and vastly lower energy consumption than traditional electric vehicles. (OLEV buses operational costs – $0.19km / Diesel $0.62km)

Electric power strips are road embedded to provide electro-magnetic power, wirelessly, to electric vehicles charging an onboard battery and powering the electric motor.

CricHQ Ltd FY15 Company Update

CricHQ raised $2m of funds and have consistently broken record numbers on the platform seeing them rise to one of the worlds most popular online properties.

Ongoing development of the platform has seen accelerated success with signing several new key clients and increased engagement with end users and cricket fans. Key hires have facilitated growth in capability to deliver best of breed solutions to a global market and will be crucial in driving continued success in 2015.

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ABOUT CRICHQ

CricHQ was founded by Stephen Fleming (ex-NZ Cricket Captain), Brendon McCullum (Current NZ Cricket Captain) and Simon Baker (Tech Entrepreneur) along with over 20 international cricketers as shareholders including David and Mike Hussey, Brad Hodge and George Bailey.

The global opportunity is significant with Cricket being the worlds 2nd largest sport with over 3 billion fans. CricHQ provides unique benefits to all stakeholders including administrators, fans, players and coaches. The CricHQ technology platform is the preferred choice of technology with over 120 cricketing body clients and a user base of 750,000+ cricket fans from all over the world. This is projected to exceed 6.5mil by April 2015.

Key partnerships have been established with global governing bodies the ICC and FICA as well as with content and distribution partners Samsung, Nokia and Blackberry which enables the projected growth.

 

Bioactive Laboratories Pty Ltd FY15 Company Update

Bioactive Laboratories is on the brink of entering the market for its revolutionary stomach friendly anti-inflammatory & pain relieving agent. The largest pharmaceutical company in the sector joined in discussions late last year with the advancement of the TGA registration into its final phase. These strategic discussions centre on entering the $1b Aust complementary medicine market before distribution commences into its extensive export portfolio.

Managing Director, Rick Ferdinands, “This is a significant step forward. Together with the success of being invited into the new Federal Gov ‘Accelerating Commercialisation’ grants program, has given current investors something to smile about and new investors a clear incentive.”

Anti-inflammatory agents are the most widely used therapeutic agents globally. Millions worldwide suffer digestive, arthritic and skin based inflammatory conditions which are all on the rise. Bioactive Laboratories have identified a gap in the market for a safe plant based alternative to side effect prone NSAIDs (Non-Steroidal Anti-inflammatory Drugs).  The target market in vitamin and supplements is worth $68Billion annually.

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ABOUT BIOACTIVE LABORATORIES PTY LTD

Bioactive Laboratories specialises in plant based solutions for human health.

They have developed the first anti-inflammatory and pain relieving agent that is gentle to the stomach. Studies show it rivals the drug efficacy and strength of NSAIDs[1] such as Voltaren, without digestive side effects.

Global market sectors worth an estimated $560Billion[2] annually make anti-inflammatories & pain agents the most widely used of all drugs and complementary medicines.

A faster route to market exists, than traditional biotech via the booming Complementary Medicine market to supply bulk powders & extracts.

Profitability within four years is predicted via a conservative financial model. This hybrid complementary medicine/drug development business model, suggests self funding for the development pipeline that includes drug candidates & revolutionary plant based solutions for type-2 diabetes.

Customers such as pharmaceutical & complementary medicine companies have been approached and are anxious to gain access.

[1] NSAIDs: Non-Steroidal Anti-Inflammatory Drugs
[2] $560Billion: Includes 3 major inflammatory health market sectors: Digestive diseases (US market $141Billion in 2004), Arthritis/Rheumatic (US market $128Billion in 2003), and Skin (global market $292Billion annually by 2015).

Placer Property Ltd FY15 Company Update

Placer Property launched the NewActon East Property Fund (Fund) late in 2014. The Fund is an investment in an award winning A-Grade mixed-use building located in the NewActon precinct of Canberra.

The Fund is experiencing strong interest from investors and is expected to close by 31 March 2015.

The main tenant of the building is the Australian Competition and Consumer Commission (ACCC) an independent Commonwealth of Australia statutory authority, occupying 83.3% of the gross lettable area. Other commercial tenants include Colliers International, Café Twenty One, Pilates Canberra and ED Digital (web designers.  The property is now 100% leased.

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ABOUT PLACER PROPERTY

NewActon East Property Fund (Fund) is a direct property investment in the commercial component of NewActon East, a modern award winning A-Grade office and mixed-use building located in Canberra’s CBD.

The Property’s main tenant is the Australian Competition and Consumer Commission (ACCC), providing 80% of the income under a long-term lease. The Property includes the ground floor office and retail areas, the four level office space occupied by the ACCC, plus 115 car parking spaces, together totalling 7,503sqm of GLA.

The Fund aims to provide Unitholders with sustainable
 and considerably tax deferred income with the potential for
 capital growth. The Forecast annualised distribution yield for FY15 is 7.75%, increasing to 8.0% in FY16.

The Fund acquired the Property for $45.01m in September 2014 and it is a single asset, closed ended, unlisted property trust with gearing under 50%. The Fund is proposed to end on or about 30 June 2021. The RE is seeking to raise $26.5m.

Kacific Broadband Satellites FY15 Company Update

In December 2013 CEO Christian Patouraux and founders Mark Rigolle and Cyril Anarella announced Kacific’s intention to provide Ka-band broadband to Pacific nations. In January it appointed Jacques-Samuel Prolon General Manager. It signed agreements with Tuvalu Telecommunications Corporation (June), Solomon Telekom Company (August), the Kiribati government (September) and Teletok in Tokelau (December). Kacific’s promise of fast, affordable, accessible, low-cost, satellite broadband on even most remote Pacific islands has met with a receptive audience.

In August Kacific signed an agreement with the International Telecommunication Union (ITU) for the development of satellite communications capacity and emergency solutions for the region.

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ABOUT KACIFIC

Kacific Broadband Satellites will offer high speed satellite broadband services to 40 million people in the Pacific. Many Internet users in Indonesia, Myanmar, the Pacific islands, New Zealand and PNG have no direct Internet service. Despite a willingness to pay in these markets, the vast distances separating pockets of population have made connectivity economically challenging.

Kacific will address the supply gap with a geostationary Ka-band satellite using state-of-the-art multi-beam high throughput communications, streaming direct to simple antenna terminals on end users’ premises.

The company already has multi-million dollar bandwidth presales agreements with telcos and governments of several nations. Kacific will launch two satellites in 2017.

Newground Property Group FY15 Company Update

In 2014 Newground Property welcomed Oliver Bagheri as their new Research & Acquisitions Manager and Paige Hasaballah as the Marketing & Communications Manager.

Newground raised $2 million in capital and worked across 3 countries hosting conferences and presentations to selling partners & investors alike. They sold over $63.5 million in property and opened an office in Singapore.

In 2015 Newground will be launching a number of new projects in 2015 including several new apartment buildings in inner city Brisbane. The estimated combined value of these projects is in excess of $100 million.

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ABOUT NEWGROUND PROPERTY

Based in the financial centre of Brisbane Australia, Newground Property is a boutique residential development advisory firm. Founded in 2009, the team at Newground have over 45 years combined industry experience and have amassed an impressive track record of achieving profitable outcomes for their developer and investor clients. Currently averaging in excess of 300 sales per annum with over 350 agents in their network both in Australian and internationally, Newground Property have sold upwards of $400 million in residential development projects to date.

Due to the growth and activity in Brisbane market, Newground Property’s development advisory capability has evolved into the development of boutique residential projects in premium inner city locations in partnership with its top developer clients. In 2013 Newground Property was awarded a place in the Business Review Weekly’s Fast 100. The BRW Fast 100 is a list compiled annually of Australia’s 100 fastest growing businesses.

Crowd Mobile FY15 Company Update

Crowd Mobile is a profitable global mobile entertainment and mobile focused cloud mini job company. The Company has recently raised $4.5 million in total funding and listed on the ASX via a reverse takeover on the 23rd of January. Below are some recent highlights for the company:

  • Generated EBITDA of $2.2 million in FY14 from $9.8 million revenue.
  • Listed on a multiple of 7x EBITDA.
  • Crowd Mobile launched services into more than 10 European countries last year and setup an office in Hungary for further EU expansion.
  • Shortly after listing the company announced it had just purchased a Hong Kong-based start-up called Kiss Hugs, its first move into the Asian market.

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ABOUT CROWD MOBILE

  • Crowd Mobile is a profitable global mobile entertainment and mobile focused cloud mini job company.
  • Q Limited (ASX: QXQ), has signed a binding term sheet to acquire the 100% of the Crowd Mobile Australia Pty Ltd group of companies.
  • Crowd Mobile Financials in FY14 were $9.7m revenue and $2.2m EBITDA (unaudited management accounts).

Mortgage House FY15 Company Update

Mortgage House Key Highlights:

  • Mortgage House experienced an increase of 169% in settlement volumes year (2013) on year (2014).
  • The group applied and received approval from the Australian Securities & Investments Commissions for uplift in its Australian Financial Service Licence to include Retail Financial Advice.
  • The group secured approval from an Australian major bank for a new warehouse facility for residential mortgages.
  • Mortgage House secured additional office premises embarking on a million dollar renovation for 2015 growth plans.
  • Mortgage House was awarded with the 2014 Canstar, Non-Bank of the Year (Fixed Rate Home Loans).
  • The group signs on its first mortgage brokering aggregation company, outsource financial.

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ABOUT MORTGAGE HOUSE

The privately owned Mortgage House Group has originated over AUD10 billion of residential mortgages over the 28 years since its launch as a mortgage broker to become one of Australia’s largest and most technically advanced non-bank lenders. MH is a high profile long established trademarked brand with proprietary loan origination platform (e-mms).

The Group is seeking term debt funding (initially $20 million in maturities to 5 years) to support the expansion of its proprietary funding operations:

  • Term loans as part of the Group’s on balance sheet lending;
  • Investment in an SPV holding loans supported by 1st registered mortgages to 80% LVR
  • Investment in an SPV to fund secured loans originated in conjunction with 1st mortgage lending.
  • Investment in a special purpose trust structure holding securities issued by rated RMBS and shadow rated warehouse facilities.

Tellus Holdings FY15 Company Update – Backed to Fully Develop Unique Infrastructure Assets

Tellus Holdings continues to make solid progress on the development of their globally recognized dual revenue geological waste disposal facilities, attracting strong interest from institutional investors in a current pre development funding round.

The company, who was recently granted Major Project Status recognition from the Northern Territory Government, is entering an exciting stage with 2015 set to deliver binding contractual agreements with commodity buyers, waste customers, and leading ECP and OM industrial partners.

Managing Director Duncan van der Merwe disclosed “We remain extremely excited by the support of new shareholders on our register and strong interest in our services from blue chip companies and leading government divisions”.

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ABOUT TELLUS HOLDINGS

Tellus Holdings Limited, a public unlisted company based in Australia, is developing a globally proven business model unique to the Asian region. The opportunity is driven by dual, high margin, revenue streams created in commodity sales and unique waste management services. Both operations benefit from multinational and government demand, and a regulatory environment advancing the take-up of Tellus’ services.

Tellus will mine high-grade salt and kaolin for export to Asian customers, and dispose of high value waste in the created voids, permanently disposing/isolating these materials from the biosphere and is viewed as world’s best practice. Similar high profile facilities can be observed across numerous locations in North America and Europe, where their services are in high demand by Governments and multinationals operating in the oil/gas, resources, chemical, waste and industrial sectors.

Tellus’ underground facilities will provide permanent isolation of waste, offering waste emitting companies removal of related liabilities from their balance sheets, and company directors’ relief from personal liabilities as officers of these companies, creating a unique offering in the current regional market.

Tellus boasts the only Class V intractable waste management team in Australia, a country recognized as the second largest emitter of hazardous waste in the world on a per
capita basis.

The recent Government award to Tellus of ‘Major Project Status’ is public recognition of the importance of this solution to regulators and community, and enhances the significant opportunities for Tellus and its stakeholders in both Australia and greater Asia.

Acoustic3D Holdings Ltd FY15 Company Update

A3D successfully soft-launched the Emergence loudspeaker, demonstrating it at the recent Australian Audio and Audio-Visual Exhibition in Melbourne to high praise from both Industry experts and consumers alike.

Coinciding with this, we have launched the www.Emergencea3d.com e-commerce enabled website and customer forum. Consumer sales have started, as has interest in technology licensing deals. In response to moving from R&D start-up into manufacturing, we appointed a former senior Ford Motor Company executive as Operations manager in Shenzhen, as well as a Chinese-fluent QA and Logistics specialist, to ensure smooth yet rapid scaling as we will soon ramp-up our marketing activity.

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ABOUT A3D

Acoustic3D will change the way people listen to sound with a patented, game-changing discovery in audio amplification – the audio hologram. Holograms produce 3D sound of unprecedented clarity and depth, uncoloured and almost 100% distortion-free, recreating the original room acoustics for the listener.

A series of low cost, audiophile-quality consumer and studio systems are production-ready. High-end, electronic systems are currently undergoing final testing for use in concert halls, telepresence rooms and as PA systems giving perfect clarity in halls or airports. The low cost solutions will be repackaged into an Architectural range for use in uses in railway carriages and stations where sound is known to be poor, allowing people to understand broadcast messages easily.

Funding is required to bring the final products to market and cash flow the business through this launch phase.

Veriluma Ltd FY15 Company Update

As a consequence of the fund raising round last year, Veriluma has secured a partnership with Marketlend, an Australian peer-to-peer lending platform.  Veriluma’s software performs the credit risk rating of loan applicants. Marketlend launched in December 2014.

In addition, the round generated interest from a number of technology vendors to the financial services and legal sectors.  Trials are due to begin with an established global banking application provider and with new technology providers seeking to disrupt elements of the financial services sector and business units within the legal profession.  All partners seek better, objective insight to allow them to make better decisions.

Becoming the intelligence engine inside others technology allows Veriluma to focus on the ongoing research and development efforts of taking the engine to the Cloud. Veriluma seek investment funds and are pleased to work with and be represented by Global Investment Partners.

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ABOUT VERILUMA

Veriluma was conceived within Australian Defence Intelligence where decisions can affect the security of a country and its citizens and problems can lack information/data. The application provides insight, certainty and clarity in complex situations for decision makers who need to understand the risks, conflicts and possibilities even when elements are unknown, uncertain, and unreliable.

The software produces an assessment of the problem/hypothesis showing the likelihood and certainty of, for example:

  • A property bubble occurring;
  • A virus becoming a pandemic and the most effective risk mitigation measures;
  • A merger, or strategy, returning value;
  • A loan – principal and interest – being repaid;
  • The criticality of parts within assets used in mining to minimise production disruption/downtime;
  • Assessing future impact of changes to superannuation/investment portfolios and possible counter measures before such changes occur;
  • Determining strategic cyber threat;
  • Political future of countries and/or those who may need humanitarian assistance under certain circumstances including tsunamis, earthquakes, coups

The software has broad application – globally and across industries.  The software is used by clients to help them make better decisions.  In addition, the software has been embedded by application partners to add more capability to their offerings.

Altech Chemicals Ltd (ASX: ATC) FY15 Company Update

After launching into a BFS for its high purity alumina (HPA) project, Altech selected Johor Bahru (Malaysia) as its preferred plant location due to significant cost savings – 40% opex and 50% capex savings. With its BFS progressing well, an optimised plant production rate of 4,000tpa; and wet processing for the aluminous clay beneficiation, was confirmed.

In November Altech appointed highly experienced accountant, Mr Shane Volk, as CFO/Company Secretary; Altech also received $0.46m R&D rebate.

Finally, Breakaway Research delivered a mid-point valuation of $0.25/ATC share; based on US$20/kg for HPA and Altech’s estimated opex US$8/kg, EV/EBITDA and DCF evaluation for only 7.5% of the full value of Altech’s HPA project ranged from US$260m-$360m.

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ABOUT ALTECH CHEMICALS

Altech Chemicals Limited is aiming to become one of the world’s leading suppliers of a high-value product, 99.99% (4N) high purity alumina (HPA) (Al2O3).

HPA is the major source material for scratch-resistant artificial sapphire glass, which is used in the next generation of smartphones as well as a growing range of high performance electronic applications such as LED’s, semi-conductors, and phosphor TV screens. The global HPA market is approximately 19,040tpa and is expected to double over the coming decade.

Current HPA producers use an expensive and highly processed feedstock material such as aluminum metal to produce HPA. Altech has reported the ability to produce 4N HPA directly from an ore feedstock, such as aluminous clay. Altech employs a proven processing technology to extract HPA from its low-cost and low-impurity aluminous clay feedstock in Western Australia. The Company is now advancing a Bankable Feasibility Study (BFS) to develop a full-scale 3,000tpa production facility.

Altech is a chemical processing group focused on creating a high-margin product to meet the growing global demand for the next generation of high-performance technologies.

YPB Group Ltd FY15 Company Update

YPB shares up 50% since IPO in August 2014. Acquired Brand Reporter and opened USA Office. Loyalty Option scheme (one for four shares held) closed heavily oversubscribed. Signed A$16m projected revenue deal with China’s largest ink supplier. Signed Distribution deal for Indonesia and India.

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ABOUT YPB GROUP

YPB means “Excellent Brand Protection” in Chinese. By 2015 the Global Counterfeit market will beUS$1.7 Trillion, and US$14bn (growing at 20% pa) will be spent on Anti-counterfeit technologies per annum in Asia. YPB is the only Company licensed by CTAAC in China that sells invisible tracer solutions.

YPB’s patented tracer is Invisible, Indestructible and Inexpensive and our recurring revenue model generatesup to 90% gross margin on sales.

YPB has signed 9 contracts in China and is generating revenues on sales on tracer products and scanners in such areas as food packaging, textiles, electrical equipment, cigarette packaging, security printing and has appointed a European distributor.

YPB has a strong well established management team in China, headed by serial entrepreneur John Houston (CEO and Executive Chairman), who is joined on the Board by Beijing based Dr. Geoff Raby (ex Australian Ambassador to China and sits on Forteseque and Macquarie Boards), George Su (originally from Beijing now Australian resident who headed the establishment of CITIC Securities in Australia) and Robert Whitton,experienced ASX Independent Board member and Company Secretary, a partner at William Buck and Company.

Advent Energy Ltd FY15 Company Update

Beach Energy have recently released results from the drilling of their Cullen -1 well in the Bonaparte Basin in the area adjacent to Advents’ Bonaparte areas .Beach report extracts include :

“Initial Cullen-1 findings highly encouraging and results currently being assessed’

“1,600 metres of over-pressured marine shale with variable carbonate content

  • Encouraging gas and oil shows in tight sands
  • 54 metres of core recovered”

“ 1,000 metre of fractured platform carbonate

  • Elevated gas shows over natural fracture intervals
  • Extended production testing required to assess potential”

Advent Energy is currently in negotiations with a number of parties on the terms of investment.

ABOUT ADVENT ENERGY

Advent Energy is an unlisted oil and gas exploration company, with a strong portfolio of exploration and near-term production assets in Australia. Key assets comprise three very significant upstream gas projects with LNG market potential – a conventional gas and shale gas project (EP386 & RL1, 100%, WA & NT) and an offshore project (PEP11, 85%) adjacent to Australia’s eastern gas market.

Advent has announced a considerable potential shale gas resource within EP386 and RL1 of 9.8 Tcf of Prospective Resources (Best Estimate). A mean Contingent Resource of 18.4 Bcf for the Weaber Gas Field (RL1) has been independently assessed.

Prospective Resources within the PEP11 offshore permit have been independently estimated at 5.7 Tcf (P50).

Booktrack FY15 Company Update

Booktrack anticipates closing its US$2m Series A2 investment round within the next 6 weeks, having had significant interest and commitments from both domestic and international investors.

The mobile and desktop applications now have over 2 million users, with numbers having doubled every quarter since the launch of the Booktrack Studio in 2013.

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ABOUT BOOKTRACK

Booktrack’s patented technology synchronizes movie-style soundtracks to eBooks. Music, ambient audio, & sound effects are automatically paced to an individual’s reading speed & synchronized to match the story while they read, increasing comprehension & enjoyment (New York & Auckland University Studies). Readers get free access to 1000’s of stories, while authors & publishers easily create their own titles.

In just 13 months, 1.7 million Booktrack users have read & created 9,000 titles in 30 languages, with user growth doubling every quarter. Backed by investors including Peter Thiel & Weta Digital, Booktrack is a disruptive force in the publishing & audio worlds, equivalent to how the introduction of sound transformed silent film forever.

Parrot Analytics FY15 Company Update

Parrot Analytics closed a very successful Pre Series A round end of December 2014, having oversubscribed (<$3m NZ), and are now quite focussed on developing their market & product.

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ABOUT PARROT ANALYTICS 

Parrot Analytics is developing next-generation technology to help TV/film content producers, buyers, sellers and advertisers understand global demand for content and accurately predict future country-specific content performance. It does this with a unique technology platform that captures digital content consumption data from hundreds of millions of people (from 249 countries), and a data science platform that is introducing the industry’s first and only country-specific, demand rating for TV and film content prior to the content’s release.

Parrot Analytics has developed a unique (patent filed) technology platform that allows it to capture and analyse global TV content demand and consumption over the Internet in real time. This vast amount of global empirical data, combined with a cutting-edge data science layer, allows the company to provide unprecedented insights into geographic-specific content demand and predict, with high accuracy, future global performance for upcoming content.

Specifically, the company is working with global content buyers to help them discover the most in-demand content in their target territory (prior to the content’s release); enabling them to acquire the right content, negotiate the best prices, and subsequently maximize the monetization of the content via precise and effective programming and advertising. The applications extend to all types of content buyers across different segments, from Cable networks to PayTV and OTT platforms.

Pie Funds Management FY15 Company Update

Pie Funds had a solid finish to 2014 with our Australasian Funds closing out the year up 12-14%, well ahead of the ASX Small Ords which declined around 7%.

This builds on Pie’s existing track record for our 3 Australasian Funds where performance exceeds 20%p.a since inception on all of them. Funds under management now exceeds $200m.

At the end of the first quarter 2015 we intend to launch a new conservative product, which will focus providing some equity exposure whilst capturing the benefit of New Zealand’s high cash rates from secure bank deposits.

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ABOUT PIE FUNDS MANAGEMENT

Pie Funds is a boutique fund manager based in Auckland, New Zealand, that specialises in small companies. The strategy is to focus on the most inefficient part of the equity markets where the potential is greatest for long term returns. They focus on absolute returns, aiming for strong returns in strong markets and to preserve investors’ capital in weak markets.

The company is 100% owned by employees and our seed investor.

Pie Funds have an outstanding performance track record since inception in 2007. The flagship Pie Australasian Growth Fund has a five star rating by Morningstar and is the top performing retail equity fund in NZ over the last 5 years, with a return of 24.68% p.a. The Pie Australasian Dividend Fund, also ranked 5 star has returned 27.89% p.a. since inception in 2011.

 

SmartWard Ltd FY15 Company Update

In 2014, one of Australasia’s largest independent business technology solutions providers, Datacom, acquired 20% of the SmartWard Holdings and became the exclusive supply and support organisation for the SmartWard technology in Australia, NZ and SE Asia.

During 2014, SmartWard also released clinical trial results for its patient care software.  The trial showed that SmartWard slashed the time spent by nurses on records management.  Deloitte Access Economics estimated that redeploying the saving in nurse time to patient care could avoid treatment errors, saving hospitals  $50,000 per bed pa.  The saving across the entire Australian public health sector would be $4.4 billion pa.

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ABOUT SMARTWARD 

SmartWard is a unique new system that delivers much-needed gains in the efficiency of hospitals and aged care facilities while improving quality-of-care. SmartWard runs on computers at each patient bedside and at all other points-of-care, providing up-to-date information on scheduled activities and patient alerts and allows automatic, real time entry of treatment records.

Patient histories are presented in user-friendly charts with decision support data. Validation of medication and patient identity is automated via smart sensors saving time, avoiding errors, while also automatically creating a rich and precise record of care. The data captured can be pattern-analysed and formatted for clinical and administrative purposes and to refine patient treatment plans – currently impossible in day-to-day clinical practice.

SmartWard saves money, resources and lives in our hospitals by replacing paper records and will automate many tasks that take time away from patient care. Simultaneously beneficial to patients, nurses, doctors and hospital administrators, independent research has shown that health care professionals value SmartWard for its safety and usability.

RAW Capital Partners FY15 Company Update

RAW Capital Partners and its group of companies have seen a substantial increase in AUM to GBP60million.

Tim Parkes recently joined the Guernsey team to develop a new mortgage lending fund with the expectation of launching in Q1 2015.  The fund will lend conservatively on London residential property.

Michelle Pearce has been recruited to head up Wealthify, which is a new online company that offers direct access to a Discretionary Managed Portfolio Service. The company is awaiting FCA approval, and is expected to launch mid 2015.

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ABOUT RAW CAPITAL

In September 2012, RAW Capital Partners Limited was established in St Peter Port, Guernsey by Richard Avery-Wright, Dennis Stoller, Bob Banfield and Rupert Williams. The founders have a combined experience in financial markets of over 50 years.

In March 2013 the company launched the RAW Alpha Systematic Fund 1, a systematically managed futures fund: the second fund, a global equity income and growth fund, is due to be launched in Q1 2014. Both funds are open ended Class B funds, authorised by the Guernsey Financial Services Commission. The RAW Alpha Systematic Fund 1 completed its second full quarter at the end of September 2013. The Fund gained 3.49% during the quarter, keeping pace with rising (and more volatile) equity markets and the broader hedge fund universe.

The company is very well served to capitalise on the growing savings industry in the Channel Islands and further afield.

ABOUT RCP HOLDINGS

RCP Holdings Limited has been recently established to consolidate economic interests in a number of asset management businesses, principally RAW Capital Partners Limited in Guernsey and RAW Capital Partners (New Zealand Limited) in Auckland.

RCP Holdings Limited is headquartered in Guernsey in the Channel Islands. The company was established in October 2013 with the objective of growing and supporting a geographically diverse range of world-class boutique regulated businesses involved in asset management and other financial services oriented businesses.

The objective of RCP Holdings Limited is to provide investors in the company with an opportunity to invest at an early stage in a rapidly expanding global financial services business. As the business grows, it is anticipated the company will produce annuity like returns together with the potential to make substantial capital gains.

A key attraction of successful asset management businesses is that they enjoy growth rates much higher than underlying investment returns as significant benefits accrue due to scale -as additional assets are raised income tends to rise much more rapidly than expenditure.

The founders, Richard Avery-Wright and Dennis Stoller, have many years experience in financial markets. Prior to establishing RCP Holdings Limited, Richard has successfully set up a number of businesses within the financial services sector in a number of jurisdictions, including the UK, Australia, New Zealand and Singapore. Most recently, he co-founded the award winning Pie Funds Management (FUM: NZD$147.50M as at 31/10/2013) in New Zealand, which has grown rapidly since it was established in 2007 and has recently been recognised as the 15th fastest growing companies in New Zealand in the Deloitte Fast50 Awards -http://www.fast50.co.nz/2013/.

 

Proteomics International Laboratories Ltd FY15 Company Update

Proteomics International Laboratories Ltd (ASX proposed: PIQ) is completing its IPO to raise $4 million to expand its existing operations.

PILL is finalising contracts with a major Chinese drug and diagnostic development company to commercialise its test for the early diagnosis of Diabetic Kidney Disease. This builds upon an earlier agreement with a global top 5 CRO to provide analytical services to the rapidly growing biosimilars sector.

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ABOUT PROTEOMICS INTERNATIONAL LABORATORIES

Proteomics International Laboratories Ltd (PILL) is an innovative biological research and drug discovery company specialising in the development of simple diagnostic tests for common diseases and the discovery of new therapeutic drugs to treat pain and infection. The Company, based in Perth, Western Australia, works across three units – diagnostics, therapeutics and analytical services.

The Company now seeks additional funding of $6 million to expand each business unit and accelerate commercialisation. It focuses on utilising the funds raised to commercialise the already-developed IP, and implement a measured programme for further compound discovery, whilst expanding existing revenues to underpin future efforts.

Leaf Resources FY15 Company Update

Leaf Resources FY15 Key Highlights:

  • Marc Sabourin has joined Leaf Resources as Vice President, Business Development, The Americas after a distinguished career with Andritz AG. Marc will be based in the USA and brings extensive knowledge/contacts from the paper and pulp and biorefining industries to Leaf Resources.
  • Leaf Resources has successfully reduced the reaction time of our GlycellTM process, delivering a 20% increase in throughput for the same capital outlay.
  • We presented at the Advanced Bio-economy Leaders Conference (San Francisco).  Afterwards organisers commented: “Why Hot – the absence of competition. Only a handful of companies have technology for a breakthrough on sugar costs.”

ABOUT LEAF RESOURCES

Leaf Resources has a platform technology that can help turn waste plant material into biofuels, bioplastics and green chemicals with a green, sustainable, economical process.

Leaf’s Glycerol Pretreatment Process uses a cheap, recyclable reagent, Glycerol, in a simple process, to break down plant matter into Lignin, Cellulose and Hemicellulose at low temperatures and atmospheric pressure. These component parts are then available for further processing to sugars using enzymatic hydrolysis and those sugars can then be converted to biofuels, bioplastics and green chemicals.

Ai Media FY15 Company Update

Ai-Media launched an international pilot to test its Ai-Live autism (ASD) application, and attracted international investment from innovation and impact investor, Nesta, in the UK.  An EdTech Innovation Partnership was also announced, with live captioning used to engage students and improve their learning and development, in schools and universities. The technology has also been adapted to provide teachers with real-time feedback on their teaching practices.

The results of three consecutive independent Captioning Quality Audits revealed consistent scores of over 99%, and three Ai-Media clients were honoured as recipients at the Captioning Awards.  The Company partnered with Discovery Kids to ensure its programming was 100% captioned from launch, to benefit access and boost family literacy, and established a Melbourne office, adding to its growing national and global operations.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

ABOUT AI MEDIA

Ai-Media delivers live & offline television captioning under long term contracts for many Foxtel channels, education captioning for schools and universities, and high quality transcripts to 99.90% accuracy for government and corporate clients.

Ai-Media’s flagship technology solution, Ai-Live has proven effective in pilots supported by Commercialisation Australia for deaf students at school & university. Current clients include the NSW & Victorian education departments, & Macquarie University.

DomaCom Ltd FY15 Company Update

DomaCom Ltd raised $5.7 Million in 2014 and finished the year with approval in late December from the Singaporean regulator, MAS, to distribute our product to exempt investors in Singapore.

In Australia, 2014 also saw DomaCom achieve regulatory approval from ASIC, approval by 13 Financial Planning Dealer Groups, commence operations, the acquisition of our first properties and the execution of our first secondary market transactions. We are currently engaged with ASIC on the development and approval of our second key product – the Equity Release product which will allow retirees to sell a portion of their homes.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

ABOUT DOMACOM 

DomaCom Ltd is an Australian company which has started the first, and only, Regulated Fractional Property System in the country. We are all familiar with the concept of buying a fraction of a company in the form of shares through the stock market. Now it is now possible to buy a fraction of Australian residential, commercial and or industrial property.

This is not a typical property trust where the investors have no say as to which properties are being invested in. Instead, this system allows every investor to choose exactly which property, and bid for how much of the property, that they want to own.

DomaCom have the only Australian Financial Services Licence in Australia which allows them to also run a secondary market, allowing investors to re-sell part or all of their fractional property holdings to the secondary market, much like how traders buy and sell shares in the Stock market.

Folkestone Ltd FY15 Company Update

Folkestone (ASX: FLK) had a very active 2014 and this was reflected in the share price increasing 16.1%. Funds under management grew to $850 million with the launch of a number of new unlisted real estate income and development funds and the continued growth it the ASX listed Folkestone Education Trust (ASX:FET), Australia’s largest owner of early learning centres.

Folkestone also undertook a $42 million placement and retail entitlement offer in November which was very well supported by a number of new institutional investors and Folkestone’s existing investors. As a result, Folkestone’s market capitalisation is now more than $150 million.

Looking forward, Folkestone with its strong balance sheet and access to third party capital, will continue to grow its suite of listed and unlisted real estate funds and seek value-add and opportunistic investments for its balance sheet activities.

Please click on the ‘Receive Information’ button below for more information or to register your interest.

ABOUT FOLKESTONE 

Folkestone (ASX:FLK) is an ASX listed real estate funds manager and developer providing real estate wealth solutions. Folkestone’s funds management platform, with over $800 million under management, offers listed and unlisted real estate funds to private clients and select institutional investors, while its on balance sheet activities focus on value-add and opportunistic (development) real estate investments.

Folkestone’s Income Funds provide investors with regular income and the opportunity for capital growth from investing in unlisted real estate funds that own Australian real estate assets, including office, retail and real estate related social infrastructure.

Folkestone’s Development Funds provide high net worth private client investors with an opportunity to invest in Australian real estate assets that have been selected to provide the potential for capital growth from value-added and opportunistic (development led) investment strategies. In addition, Folkestone manages the Folkestone Maxim A-REIT Securities Fund which actively invests in a diversified portfolio of predominantly Australian listed real estate investment trusts and real estate related securities.

Folkestone also manages two listed A-REITs which are listed on the ASX – the Folkestone Education Trust (ASX Code: FET) the largest Australian listed real estate investment trust investing in early learning properties within Australia and New Zealand and the Folkestone Social Infrastructure Trust (ASX: Code FST) which primarily invests in real estate related social infrastructure assets.

Investors Central Ltd FY15 Company Update

In 2014, Investors Central raised  over $12m. The company also welcomed a new non-executive Director this year, Andrew Kemp.  Andrew contributes a solid wealth of knowledge to the board and is currently a director of the following listed companies:  Silver Chef Limited, PTB Group Limited and G8 Education Limited.

Investors Central launched a new Prospectus in August, offering Investors a Fixed Term Interest Security from 9% to 16% PA with interest paid monthly.

Having paid Investors $6.5m in returns since inception in 2010, Investors Central continues to experience strong, steady growth in the Automotive Lending sector nationwide.

Managing Director, Jamie McGeachie has presented to investors in Melbourne, Sydney, Brisbane, Townsville and Singapore during 2014, substantially increasing awareness of Investors Central to Investors at home and overseas.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

 

ABOUT INVESTORS CENTRAL

Investors Central was established to raise capital to fund the expansion of our automotive lending business, Finance One. Since 2010, Finance One has specialised in lending to an industry sector which has up to 4 million Australian’s looking for credit.

Finance One writes loans from $5,000 to $50,000 the loan book carrying value as at 30 June 2014  being $ 19.1M. The business has enjoyed steady growth and continues to grow through relationships with an expanding network of finance brokers.

Over the past four years Investors Central has delivered consistent steady growth in both revenue and profit. This has allowed us to continually attract new investors as we grow and pay them fixed interest returns from 9% to 16% through redeemable preference share issues. Full details of the available investment opportunities are outlined in our Prospectus.

 

Carnegie Wave Energy Receive $3.9 Research and Development Tax Refund

ASX Announcement, Thursday 29th January 

$3.9m Research and Development Tax Refund

Wave energy developer Carnegie Wave Energy Ltd (ASX: CWE) is pleased to announce the receipt of a Research and Development Tax Incentive cash rebate from the Australian Tax Office of $3.9 million.

The R&D Tax Incentive provides a tax rebate to support Australian companies to undertake Australian research and development. During the year ended 30 June 2014 Carnegie incurred eligible R&D expenditure from which the tax rebate was calculated. The net rebate that Carnegie recieved for the year ended 30 June 2014 of $3.9 million represents an increase over the previous year of $1.6 million.

Based on current forecasts Carnegie estimates the financial year ended 30 June 2015 will likely deliver a cash rebate of between $8 and $10 million.

To read the full document, please click below.

Martin Aircraft Company FY15 Company Update

Martin Aircraft signs A$50m agreement with KuangChi Science Limited

On 19th Dec 2014, Martin Aircraft Company announced that it has signed an investment agreement with KuangChi Science, a Hong Kong exchange listed company engaged in the near space technology and other innovative disruptive technologies.

The agreement provides for a long term equity investment and strategic partnership which over time will see KuangChi Science have a major shareholding following up to a A$50M (approx NZ$53M) investment in MACL over the next 30 months. The initial part of the investment will be a cornerstone investment of A$21m in the MACL IPO.

This is a major milestone for Martin Aircraft and will ensure that the company is well funded as it proceeds to commercialise the Martin Jetpack. The partnership with KuangChi also brings many strategic benefits to MACL including development of composite materials and distribution in the Greater China and Hong Kong market.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

ABOUT MARTIN AIRCRAFT

Martin Aircraft Company has developed the world’s first practical and commercial jetpack with potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned (UAV). Initially conceived by Glenn Martin, the current Jetpack has a flight time of up to 30 minutes, at a speed of up to 74 km/h and will reach an altitude up to 1,000m.

Martin Aircraft was founded by Glenn Martin in 1998 and is based in Christchurch NZ, with extensive research and development of the Martin Jetpack starting in 1984. The Company initially secured investment from New Zealand-based venture capital fund No 8 Ventures, and has since made significant advancements in the development of its Jetpack.

Kahne Limited FY15 Company Update

Kahne is running an economic analysis on two New Zealand dairy farms to demonstrate the boosted milk production and the increased profit farmers can expect from implementing the Kahne Sentinel rumen monitoring to better manage the health and nutrition of their herd. Interim results from these trials are expected in the next week, with full analysis available in April.

Kahne has NZ$4m Series B equity investment remaining on offer for expansion capital and commercial rollout in June 2015 to a pipeline of waiting customers.

Please click on the ‘Receive Offer’ button below for more information or to register your interest.

 

ABOUT KAHNE

Dairy and beef primary sector producers are increasingly seeking ways to improve the productivity, health, and sustainability of their operations. The most important indicator of a cow’s productivity and health rests within the animal’s rumen, where fermentation occurs and feed is converted to energy for milk production and muscle mass development.

Kahne has developed Sentinel™, the world’s first continuous rumen monitoring solution, to drive performance and health improvements in dairy and beef cattle. The Sentinel system consists of a patented rumen bolus with sensors that transmit key data to the cloud to provide health & nutrition management information via SaaS (software as a service) to farmers and their advisors.

 

Qimono “Cloud” Community Grows 128% in 2014

In 2013 Qimono had 12000 businesses on its platform. This has grown to over 25 000 in 2014 more than doubling. Business advisory reports also increased by 158% delivering increasing customer advice. This is pleasing as business participation and report production are our key measures.

Growth came from successful deployments in Australia: NSW Small Business Commissioner, Service Skills Australia, Business Enterprise Centres, Australian Sports Commission (associations and clubs) and a number of consulting organisations. In particular the NSW developments place us well for National expansion in 2015. The October National Small Business Conference was a “tipping point” for Qimono. NSW Small Business and The Business Enterprise Centres demonstrated how they were able to support the business community and in particular the data on their community they were able to generate. All the other States were extremely interested. The Commonwealth Business Support Agency requested a presentation to their team in Canberra which was conducted in December. Watch this space.

The Australian Sports Commission continued to grow their interest as we built more business support resources for their associations and clubs. In addition a number of the Sports Associations sought direct engagement with us as they saw the value that our services delivered. Significant amongst them was the AFL, Australian Bowls and Cricket who would like to develop specific business health programs for their clubs

Internationally business grew in Scandinavia where we provided business incubation and acceleration services to ALMI (Sweden) and SIVA (Norway) in what is now regarded as world leading in business incubator support.

2014 saw us establish a beachhead USA client in Michigan where we launched our Virtual Business Advisor. Refer www.virtualbusinessadvisor.com.

This service was specifically aimed at reaching 90% of small businesses that traditional support systems cannot reach. These businesses are using search engines but don’t know what questions to ask … or advice to trust. The VBA provides the right questions and then provides a pathway to trusted answers.

“2014 was a satisfying year” said Keith Phillips CEO. “We matured the cloud platform and are proving the value as business votes with its feet.”

About Qimono:  Qimono is a company dedicated to using cloud technology to provide Business Advisory services. It is their belief that business advisory will be transformed using cloud knowledge systems and that Business Support Organisations and Businesses themselves will be able to gain access to advice and resources at a fraction of previous cost. And Business communities will gain significant insights through the “Big data” that can be harvested. The company is 10 years old, 3years in the cloud and headed by ex-executives from Apple, Microsoft, IBM and Vodafone.

For Further information: Keith Phillips

W:   www.qlbs.com E: keith.phillips@qlbs.com;

Carnegie Wave Energy Install Second CETO 5 Unit

ASX Announcement, Tuesday 27th January

Second CETO 5 Unit Installed and Operating  

  • Two CETO 5 units now operating at Perth Project
  • First CETO 5 unit operating for over 1700 hours
  • Power supply to Defense Government to commence

Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce that the second of its new generation CETO 5 wave energy units has been successfully installed and is operating at its Perth Wave Energy Project site off Garden Island, Western Australia.

The second CETO 5 unit was successfully installed in one day and has now been operating for a little over a week. The sea state conditions experienced during this initial operational period have included waves up to 3.5m in height. The Unit is operating in line with expectations alongside the first CETO 5 unit, installed in November last year. The first CETO 5 unit has now been operating for over 1700 hours, and has experienced a range of sea states, including waves up to 3.8m in height.

To read the full document, please click below.

A3D Systems Captivate Chinese Electronics Manufacturers; Prospectus Closing Soon

Subsequent to the ‘soft release’ of our first 160 AS8 systems, we have had interest from major consumer electronics manufacturers in China with a view to technology licensing. Further, our first full production batch of 1000 systems is in the factory and should be ready for delivery to our fulfillment channel following Chinese New Year.

We are keen to raise additional capital to pursue global licensing opportunities and to this end would like to advise that our retail investor prospectus is still valid until 18th March 2015.

To register your interest in A3D please click on the ‘Receive Offer’ button below.

 

Australian Electric Infrastructure and Transport 2014 Summary

 2014 – Executive Summary- Update

Australian Electric Infrastructure and Transport Company Pty Ltd (AEIT) is a Brisbane based company established to commercialize the OLEV (On-Line Electric Vehicles) Zero Emission Public Transportation Solution in Australia.

In 2014, AEIT established two subsidiary companies:

  1. OLEV Power Systems – was granted its own 10 years – Electricity Distribution License in July 2014 for the supply and distribution of power to Electrical Vehicles from Queensland Energy Sector Regulator, Department of Energy and Water Supply, Queensland Government.

This company now has the ability to procure power supply from electricity wholesale market at wholesale prices for distribution and supply of power to OLEV buses as an end-to-end solution for OLEV infrastructure development program.

It is envisaged that this company would become the power supplier to all types of electrical vehicles, which would adopt the OLEV wireless charging technology to charge as they drive along the roads without the need to plug in to charge.

Their usage of power would be captured and billed per vehicle as their fuel supply contract.

  1.  OLEV Transport Company – was granted its Public Transport Operator License in December 2014 for the purposes of operating OLEV Buses and Tram from Queensland Department of Transport & Mains Roads, Queensland Government.

This enables the company to implement an OLEV bus or Tram without having to depend on an external Public Transport Operator.

Works in Progress:

  • In December 2014 electric chassis manufacturing design works were completed and design approved by the board with an overseas company and discussions are underway on the various business model that we would be operating with them for manufacture and supply.
  • Furthermore, discussions are also underway with an Australian Bus Body manufacturer to undertake bus body building works for OLEV buses here in Australia so that OLEV buses are manufactured to higher Australian Standards, which would comply with all Australian and International standards for future export of OLEV buses internationally.

AEIT is seeking capital to deploy two commercial pilots of this Revolutionary technology in Australia and then a broader roll out across Australia that is going to have a major impact on Carbon emission, Fuel pricing, Health and Emission costs savings.”

FURTHER INFORMATION

Name: Rikesh Venay Ram, CEO AEIT

Website: www.aeit.net.au