RetirementLiving.TV for the Unstoppables

Investor News

Thursday 28 August, 2014

Dubbed the “Unstoppables” the next generation of 50+ consumers are free from limiting beliefs about age-appropriate consumption says Retirement Living Today CEO, Mike Farley. “With more active minds, fitter bodies and entrepreneurial power, this group is increasingly becoming the face of fashion, beauty, design and media.“

UK marketers have coined the term “Superboomers” to describe this demographic whose wealth and health means they are embracing a boundary-less lifestyle, in which cultural and societal conceptions of age, beauty, fashion, relationships and careers are re-imagined.

In Britain this group of “Superboomers” hold 75% of UK’s wealth and account for 24% of the population .

Similarly, in Australia the “the Unstoppable” boomer generation comprise a rapidly growing market. Their buying power is equally as impressive, with adults 45+ accounting for a total of $4 billion of disposable income each week, holding almost half of the nation’s wealth.

“RetirementLiving.TV, a brand new digital destination for Boomers was conceived to serve this growing and active audience. Just two months old, we are actively investing in Search Engine Optimisation (SEO) and Search Engine Marketing (SEM). RetirementLiving.TV is already showing strong exponential growth in audience reach with a unique audience of approx. 13,000 UAs for the month of August, ranking up just over 47,000 page views. Simultaneously, the number of page views per person (2.90) and time spent on site (2:59 min) indicates ‘stickiness’ and a genuine interest in the offering” says Farley.

With 13,000 names already on the newsletter database RetirementLiving.TV have already surpassed database numbers of more established publisher such as Fairfax’ The Senior (10,000), Get Up & Go magazine (10,000) and The Retiree (5000). With a plan to grow to 30,000 subscribers by November 1 2014, Retirement Living Today will indeed become a real contender as a targeted publishing and advertising resource.

RetirementLiving.TV is building relationships with Australia’s tier one travel companies and is receiving very positive feedback as many of these companies consider the 50+ market their primary target and welcomes a media player who can and will speak directly to this audience.

With visitors spending an average of 1:30 min looking at articles, special offers, videos and advertorials the site provides an attractive platform to potential advertisers.

In September, Retirement Living Today will launch its next growth phase and expand the site to include three user-friendly video directories featuring retirement villages, aged care facilities and a full suite of complimentary services. As a first in Australia, Retirement Living Today is able to produce, publish and distribute engaging video content to a targeted 50+ audience.

Retirement Living Today provides rich media through bite-sized video segments and has specialised in low-cost production of TV-style commercials for online use. With the first round of investment almost fully subscribed, Farley says there is a short window for investors to become involved.

For more information contact Mike Farley, CEO.

Mike Farley
CEO – Retirement Living Today
michaelfarley@retirementliving.tv

 

[1] Superboomer study from The Future Laboratory, commissioned by Huawei, 2014

[1] ABS, Household Income and Income distribution 2009-2010. Cat. No 6523.0. Australian Bureau of Statistics, Canberra

 

Smart Send ‘Shipping Integration for eBay’ released

The Smart Send ‘Shipping Integration for eBay’ provides eBay sellers with an ‘on-platform’ shipping solution for their eBay businesses.

  • eBay Compatible application
  • Provide ‘real time’, ‘fixed’ or ‘free’ shipping quotes in their eBay listings
  • Include ‘exclusion zones’ for expensive regional or remote destinations
  • Seamless booking process from eBay checkout to Smart Send
  • Tracking numbers updated instantly in ‘My eBay’
  • Tracking email sent to buyer
  • Competitive pricing options across all the major carriers in Australia providing B2C services

For further information on this exciting solution please watch the short video below.

Martin Aircraft appoints John Diddams to board in preparation for potential ASX listing

New Zealand based Martin Aircraft Company Limited (“MACL”), who are developing the world’s first practical flying jetpack, have recently appointed John F Diddams to the board as a Non-Executive Director.

John is the principal of a CPA firm that provides corporate advisory services to SME & mid-cap companies, including management of the process to raise equity capital, manage the due diligence process and list on the ASX.

John’s initial role as a director will be to assist Martin Aircraft through the IPO process and has been appointed as chair of the Due Diligence Committee.

John’s most recent IPO was Indoor Skydive Australia Group (ASX:IDZ) which listed on the ASX in January 2013. IDZ was the best performing IPO of 2013 (Deloitte Corporate Finance IPO review), with its shares up 175% from the listing price outperforming other high profile IPO’s including Freelancer (up 156%), Virtus Health (up 50%) and Veda Group (up 44%).

“We are pleased to add John to our board,” said Jon Mayson, Chairman of Martin Aircraft. “With his background and track record of successful ASX listings, we feel that John is a perfect addition to our board given what is intended in the coming months.”

John Diddams remarked “I’m pleased to be working on such an exciting project and look forward to working with the MACL board and other advisors to achieve the goal of a successful and timely IPO and ASX listing”.

SHARE SPLIT

Martin Aircraft has also completed a 10 for 1 share split. This changes the pre-IPO share price from $3.00 NZD to $0.30 NZD. This has been done in order to give the company more flexibility when pricing the IPO offer.

“A pre-IPO price of $0.30 is more attractive to Australian investors,” says Reuben of Axstra Capital who is the lead advisor to the IPO.

“Sophisticated Investors who may have participated in other speculative pre-IPO’s can see how a $0.30 share can increase to $1.00 and beyond once the company is listed and starts producing revenue and profits.”

KEY PRE-IPO HIGHLIGHTS:

  • $2.5m of pre-IPO capital has been raised in 2014 from Australian investors
  • More than 40 deposits have been placed for a jetpack representing over $6m in potential revenue
  • The company already has over 120 shareholders including founder Glenn Martin and NZ venture capital firm No8 Ventures
  • Discussions are on-going with a number of key potential first responder customers for the Jetpack
  • Funds raised at the IPO will go towards scaling up production of the Jetpack to meet with current customer demand
  • Other areas of potential revenue include a display team, an unmanned jetpack (UAV), parts and maintenance division, Jetpack Experience and Jetpack Simulator

FURTHER INFORMATION:

For further information, please contact Reuben Buchanan from Axstra Capital on (02) 8234 4409 or email reuben@axstra.com.au

 

 

ABOUT JOHN DIDDAMS:                                                                                                                        www.jfdcpa.com.au

John has over forty years of financial and management experience as CFO, CEO and director of both private and public listed companies. John is the principal of a CPA firm that provides corporate advisory services to SME & mid-cap companies, including management of the process to raise equity capital, manage the due diligence process and list on the ASX. John is currently a Non-executive Director of Indoor Skydive Australia (ASX:IDZ) and was instrumental in their successful IPO in January 2013.

John has a B.Com from UNSW, is a Fellow of the Australian Society of CPAs and a Fellow of the Australian Institute of Company Directors.

ABOUT MARTIN AIRCRAFT:                                                                                                          www.martinjetpack.com

Martin Aircraft was founded by Glen Martin in 2008 and is based in Christchurch NZ. The present prototype aircraft will be the basis for the first commercial release of a Jetpack in 2015, suitable for a Government and Agency market under the banner of “first responder” to service markets such as the fire service, search & rescue, disaster recovery and border security. The Jetpack has fly-by-wire and VTOL (vertical take-off & landing) capabilities, is highly manoeuvrable and can lift 105 kgs making it suitable for many commercial uses.

Raw Global Alpha Fund – July 2014 Monthly Report

Dear Investors,

We are delighted to announce the launch of our new range of funds. We now have five distinct but complimentary investment strategies to choose from, ranging from Cash and Fixed Income, through to Equity and Global Macro. And, to further compliment the range of investment solutions, we have also launched a Balanced Fund, which invests in all of our strategies. The RAW Capital team has many years of experience in financial markets and have learned many things along the way. One of the most obvious observations is that markets constantly evolve and do not always behave as one would wish them to. Our investment strategies, therefore, are designed to not only capture the upside in markets, but also limit the downside and with lower volatility than an equivalent investment in a passive-based approach.

We very much look forward to updating you over the coming months with our progress.

Richard Avery-Wright
Chief Executive Officer

Cash FundCash FundCash FundCash FundCash Fund

Folkestone Delivers Strong Profit In FY14

Dear Investors,

Folkestone (ASX:FLK) today announced its full year result for the year ended 30 June 2014.

KEY HIGHLIGHTS

  • Net profit after tax of $3.2 million, up 168% on FY13
  • Strong growth in funds under management of 29% to $813million
  • Launched three unlisted real estate funds
  • Folkestone Education Trust raised $45 million and acquired 27 centres and 5 sites
  • Secured its first exposure to the Sydney residential development market
  • Continued strong sales at the Officer residential land sub-division
  • Pre-sold Stage 1 retail development at Altona North into a new Folkestone fund
  • FLK equity raising of $25 million significantly oversubscribed
  • Total Shareholder Return of 37.5% in FY14

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 $813 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

Nanuk Global Alpha Fund Monthly Report – July 2014

The Fund reported a loss of 1.3% in July which has resulted in a 1-year rolling return of 17.0% and a 2-year rolling return of 14.0% p.a.

US and European equity markets were down in July, and clean energy related equities performed particularly poorly. The Fund’s gains in June on exposure to solar LED solid state lighting and solar were reversed during the month. As mentioned previously, as a long-term theme we continue to believe in is the improving fundamentals of selected LED component manufacturers, despite improving financial performance not yet being translated into stock prices.

The Fund however did see positive contributions from long positions in fuel cell and residential solar inverter manufacturers, with the Canadian fuel cell business Hydrogenics being a particularly strong performer. An interesting recent trend we have witnessed is that of fuel cell technology reemerging in 2014 after being widely dismissed, and of particular interest has been the opportunity associated with this technology as a means of energy storage. For further details on fuel cell technology and the opportunities present within this sub-sector, do please read our attached Monthly Report – July 2014.

The Fund remains close to market neutral at the end of July, and we continue to see a variety of interesting opportunities both long and short across a range of industries.

If you require any further information regarding Nanuk, please contact me using the details below.

Regards,
Andrew Kleinig
Head of Sales and Investor Relations

Connexion Media Successfully Completes Capital Raising

Connexion Media Limited (“Connexion”) are pleased to announce that the offer of shares pursuant to Connexion’s Replacement Prospectus dated 2 June 2014, the First Supplementary Prospectus dated 3 July 2014 and the Second Supplementary Prospectus dated 21 July 2014 closed at 5pm on 8 August 2014.

As at the closing date, Connexion has raised $3,335,864.

It should be noted that the second supplementary prospectus contained withdrawal rights, which may be exercised by any applicant who subscribed for shares prior to the date of the second supplementary prospectus for one month from the date of the second supplementary prospectus. Accordingly, the total amount raised by Connexion pursuant to the offer could drop below the amount stated above.

Connexion is working towards completion of the acquisition of Miroamer Pty Ltd and the conditions required to be reinstated to official quotation.

Connexion would like to thank all those who participated in the raising and the confidence they have in Connexion to bring value to their investment.

If you have any queries feel free to contact me.

George Karafotias

Chairman

Retirement Living Today’s media channel servicing the ‘Unstoppable’ over 50s demographic

What connects people like Sandra Bullock, Elle McPherson, Daniel Day Lewis with each CEO of the Top 20 companies in Australia?  They are all over 50.  In addition, and this is not incidental, they are all wealthy.  It cannot be underestimated, the over 50 market is a major force in wealth, spending and population growth over the next decade.  Recent HILDA research identified that 78% of wealth in Australia is controlled by the over 50s.

Over 50 doesn’t mean over the hill

Wealth, health and lifestyle means that the old perception of ‘old’ is no longer true.  These ‘Zoomers’ and ‘Unstoppables’ are positive, stylish and confident, liberated by their freedom and increased spending power.

Michael Farley, CEO of Retirement Living Today, a media channel aimed at this demographic highlights the common misperception, “Over 50 doesn’t mean choosing a retirement home.  Retirement is a time of empowerment.  People are more lifestyle orientated with interests including cars, boats, real estate, travel, fashion and just about every consumer product or service available.  They focus on experience with restaurants, the arts, festivals and sports. Life truly begins at 50.”

However, the market does not serve this group well.  For example, Baby Boomers are under estimated by brands with 94% saying they dislike the way advertisers communicate with them.  The secret?  Over 50s dislike being marketed to as over 50s.

“It is multi-faceted audience driven by a variety of needs, motivations and desires.  They can now master their lives because they have time and money to do so,” continued Mr Farley. “For marketers, brands and advertisers connecting with Australia’s largest sector of consumers remains elusive”.

Retirement Living Today – With a focus on ‘Living’

Media channels are designed to attract audiences, and the over 50s audience is severely underserviced.  If the content does not suit them then advertisers can’t reach them.  Mr Farley explains how his company meets the market “Retirement Living Today is building a suite of specialised websites and directories for all over 50 niches from Baby Boomers through to Aged Care. Streaming, quality interactive content and comprehensive directories help people get the most out of their life.”

Retirement Living Today is an entertainment platform to engage audiences then feeds them with a combination of branded content, relevant information, and a dedicated marketplace.  “This niche focus generates data that offers unique insights and leads brands to refine their approach to this market. Current offerings targeting this market are unsophisticated and narrow.  Retirement Living Today is an authentic voice in the market.”

Designed for Ubiquitous Consumption

Media brands that understand the market are multi-channel, multi device plays.  Retirement Living Today content can be accessed on web, mobile and internet TV.  This follows the megatrend for omni-platform media consumption, encouraging high-growth and future-proofing the business.

“Technology allows refined messages to go to targeted, age-specific or interest-specific groups wherever they want, whenever they want.  This on-demand consumption is delivered through a platform that advertisers and marketers gravitate to because it has been built to deeply resonate with this important and lucrative audience.”  Retirement Living Today promises to change the shape of media to the over 50s market unlocking value in this key demographic.

Retirement Living Today has not only shown promise to its target demographic but also to investors. Chairman of Retirement Living Today, Sandra Hook explains, “Our company is generating a library of valuable content targeted to the largest demographic with the greatest projected growth in the country and with the most wealth to spend.

Retirement Living Today has been developed with multiple revenue streams including unique video directors, high-value display advertising, an extensive marketplace, unique subscription video directories, lead acquisition and commissions among others that will ensure its commercial potential is maximised.  This is extremely attractive for corporates and investors alike and we have experienced a lot of interest since listing on Wholesale Investor”.

The growing over 50s market is a global phenomenon and these Unstoppables, now have a place to stop and find out how to get the most from their lives.

TFS Sandalwood to supply Nestle subsidiary

Source: News.com.au; Published: August 14, 2014

Australian Sandalwood producer TFS Corporation will supply oil to a pharmaceutical company owned by global giant Nestle.

The deal was finalised with Nestle’s wholly-owned dermatology group Galderma in February, but chief executive Frank Wilson confirmed the arrangement to investors in the US overnight.

Shares in the company rallied on the news, gaining 17 cents, or 9.3 per cent, to $1.99 on Thursday.

Under the long-term supply agreement, TFS will supply pharmaceutical grade oil at a price of $US4,500 ($A4,868.81) per kilogram as it develops acne and eczema treatment products.

“Total orders to date of 470 kilograms, or $2.3 million, are being used in commercial scale production trials for skin products that will initially launch in the US in the fourth quarter of fiscal 2014,” the company said in a statement.

To read the full story please click here.

GWAAM World Fund – July 2014

Global equities were mixed in July. Political tensions in Russia and the Middle East provided reasons for profit taking in the Northern Hemisphere Summer.

Equities remain supported by a search for yield and low inflation expectations.

Prospects for equity investors at these valuation levels look reasonable, especially in comparison to bonds, but we repeat our comment from June that higher volatility in equity markets is now likely.

To see the full report please download the document below.

Regards

GWAAM Pty Ltd
Level 42, 120 Collins St,
Melbourne, VIC, 3000
www.gwaam.com.au

Westlake Funding – A “Secured, Insured, High Yield, Fixed Interest Investment”

Westlake Funding Ltd is offering wholesale investors the opportunity to invest in Westlake for a fixed term on a fixed yield with the possibility of additional upside for investor’s.

Debtor finance, often referred to as factoring, has long been recognised as a useful cash flow tool for growing businesses globally.

Businesses experiencing growth in industries such as manufacturing, wholesale trade, transport and service industries, often with “blue chip” clients, regularly find themselves in “cash flow distress” because they outgrow their capital base or because their customer’s payment terms are longer than their supplier’s payments terms.

There has been consistent growth in the appetite for debtor finance in Australia over the last decade, with debtor finance increasingly being seen as a mainstream finance product rather than a niche market, or a lender of last resort.

As the SME finance market is severely underserviced through traditional banking channels, SME’s regularly find Debtor Finance or Factoring essential to the growth and development of their enterprise.

Australia’s Debtor Finance Funding Gap

The significant hurdle to the growth of most privately owned Australia factoring and debtor finance businesses is the lack of access to reliable working capital.

Ben Andrews, Financial Controller at Westlake Funding Ltd, a specialist Wholesale Funder of Debtor Finance or “Factoring” businesses highlights the market opportunity.

“There are few SMEs that know a lot about debtor finance or in some cases even that it exists, let alone understanding the extent to which it can assist their business’s cash flow and the growth of their business. But at the same time many smaller Factors and similar debtor finance businesses have limited access to capital to service this growing market, to assist more Australian SME’s and to grow their own client base.

Westlake Funding has identified a glaring gap in the market in servicing these Factors and debtor finance companies by providing them with a stable source of reliable wholesale funding.”

Capitalising on SME credit Demand

The Debtor Finance Businesses that Westlake Funding support in turn provide working capital through debtor finance to Australian SME’s on the basis that ALL receivables, that is all invoices and the underlying credit risk, are credit insured with a rated international credit insurer and the benefit of that insurance is assigned directly to Westlake.

Mr Andrews is very bullish about future opportunities. “There are a number of private debtor finance companies in the market ready to exploit the funding gap between banks and SME businesses. Debtor finance is ideal for most businesses who sell on credit terms longer than their supplier’s credit terms, and there are an increasing number of businesses that fall into this category.”

Mr Andrews continued, “We aggregate this demand with our wholesale facility and overlay a proven risk mitigation process over the transactions; but further than that, our philosophy is simple, if it is not insured it is not funded.” “Each debtor, that is each customer funded through Westlake Funding Ltd.’s model is fully credit insured by rated trade credit insurers and the benefit of that flows directly to Westlake and as such to the benefit and security of Westlake’s Investors.”

Market and Investor Demand

Westlake Funding Ltd is offering Investors the opportunity to invest in Westlake’s project by way of “redeemable / convertible Preference Shares that offer a high fixed yield for the duration of the investment term”.

Investors have the option to either redeem their investment at the end of the prescribed term, or to convert to ordinary equity in Westlake. At all times, the funds invested by the Preference Shareholders are used ONLY for funding “credit insured receivables”.

Current Ordinary Shareholders have undertaken to fully underwrite ALL the operating expenses of Westlake.

This means that all operating cost are either paid out of the profits of Westlake Funding Ltd, or out of Ordinary Shareholder Equity, resulting in Preference Shareholder Investments being quarantined and used ONLY for funding credit insured trade finance transactions. This can often dissipate investor funds and reduce the end value of their investment, this is not the case for Westlake’s Preference Shareholders.

This and other highlights of the investment, have contributed to strong interest In Westlake Funding Ltd. since publishing its capital raising offer on Wholesale Investor.

“Investors can opt for high yield returns at different fixed terms up to five years, with regular, reliable quarterly interest payments and the return of all their capital at redemption” Mr. Andrews commented, “The initial $10M funding round is only the tip of the iceberg in satisfying the demand for debtor finance businesses already being experienced by the company.”

With a combination of High Net Worth Individuals, Fund Managers, Self-managed Super Funds and International Investors indicating interest, Westlake Funding is positioned to rapidly capitalise on the opportunity of SME debtor finance sector.

Coretrack (ASX:CKK) Latest Announcements

16/07/2014 - Coretrack Raises $2 Million - PDF

07/08/2014 – Capital Raising Fully Subscribed for Coretrack Ltd - Shares available on Market now - (ASX:CKK)

07/08/2014 - Coretrack Wins Case Against Strange Investments (WA) Pty Ltd - PDF

Coretrack (ASX:CKK) has developed disruptive, Game Changer technology for ceramic proppants made primarily from CCP’s (aka flyash), the abundant by-product of coal-fired power plants. The major commodity used in any oil and gas well is proppants, i.e. a $10 million well requires ± $2 million of proppants.

Ecopropp’s high strength, lightweight ceramic proppants are engineered for shale wells deeper than 2 kilometres, therefore do not threaten water aquifers that are often located less than 300 metres deep.

Expansion is planned in the rapidly expanding US shale plays, where many wells use lightweight ceramic proppants due to ever increasing well depth. The majority of ceramic proppants currently come from China or Georgia, which increases our competitive advantage and profit potential.

Sky Investment Strategy July 2014 Performance Update

During July the Sky Investment Strategy returned 0.9%. For the twenty seven months ended 31 July 2014 the strategy generated an 85.7% return.

Please click the link below to view the Sky Investment Strategy July 2014 Performance Update.

If you would like more information about the strategy please do not hesitate to contact me.
Regards,
Alex Shevelev

Sky Funds Management
Level 12, 32 Martin Place, Sydney, NSW, 2000, Australia
E   alex.shevelev@skyfundsmanagement.com
W   skyfundsmanagement.com

NTA Securities Highlights for July 2014

Highlights for July 2014

All available funds as per NTA Securities liquidity mandate were fully deployed to Australian SMEs with no cash drag on the business.

There has been no change in the underlying approved corporate client base and there has been no breach of loan covenants. NTA Securities have received all interest payments within the prescribed loan document time frames. The corporate loan book is currently defined as stable.

The risk profile of the loan portfolio is defined as strong, reinforced by the loan to value ratio at less than 35%.

RBA keeps rates at historical low – 2.5%

The low RBA cash rate continues to work in favour of the net borrowers at the expense of deposits. With no change expected in the cash rate in the near term (many economists have the view that there is a 50% chance that the cash rate may fall in the near term), the coupon, paid quarterly, offered by NTA Securities and backed with a first ranking security over the loan applicants’ company assets at a loan to value ratio of not greater than 65%, continues to offer an attractive alternative to eligible investors.

Outlook

NTA Securities continues to receive requests for loan finance from corporate clients. Many of the businesses requesting loans are excellently managed and have substantial security which meets NTA’s security requirements.

Loan application demand continues to exceed NTA Securities’ capital.

We expect that this demand for loan finance from Australian corporate clients will continue in the medium to long term. The cash rate has been at 2.5%, a historical low, since August last year and the Reserve Bank’s July minutes show no sign of changing course in the near term.

The Reserve Bank reiterated “the most prudent course is likely to be a period of stability for interest rates”.

Investment Performance

                                         May 14     Jun 14      Jul 14
Coupon Series 1               0.79          0.76            0.79
Coupon Payment                                                2.34%
Benchmark*                                                         0.21%

*S&P/ASX Australian Fixed Interest 1-5 Year Index quarterly return as at 31 July 2014

Coupon Series 2      To be released soon

Objectives

NTA is a Australian public company (unlisted) and is in the business of providing loan finance to approved corporate applicants.

Auditor: BDO Sydney
Trustee: Lowell Capital, Melbourne

Security

Security is registered under the Personal Property Securities Act 2009 (Cth).

Once a registration is correctly lodged electronically it is said to be perfected. Only on completion of this process will the funds be forwarded to the successful applicant.

A Note From Our Directors

NTA Securities is 100% committed to creating unique finance solutions to SMEs and fixed income investment solutions for Wholesale, SMSF, Family Office and Institutional investors. We want to hear from loyal customers like you. Follow us on Twitter at @ntasecurities and let us know what you think about our lending products and fixed income investments. Your feedback makes us better.

Thanks in advance,

— Lindsay, Stephen and Anthony.

Contact us now for more information on our next capital raise.
info@ntasecurities.com

World Famous Shark Shield Opens U.S. Headquarters in Florida, Launches New Website

ST. PETERSBURG, FL. (July 7, 2014) – After 12 years of leadership in the Australian market, Shark Shield, the world’s only scientifically and independently tested electronic shark deterrent, is pleased to announce the opening of its first U.S. base in Tampa Bay, America’s water sports and spearfishing capital.

Shark Shield’s technology is based on more than 20 years of scientific research by some of the world’s leading shark experts and is used by the Australian Navy, the U.S. Coast Guard and professional divers and spear fishers around the world, among others. The company recently signed Tom Carroll, two-time World Surfing Champion, as its brand Ambassador in the surfing and stand-up paddle board markets.

“When looking for headquarters in the U.S., Tampa Bay was the perfect location, due to the increased popularity of ocean sports in the area,” said Amanda Wilson, General Manager of Shark Shield. “We want to make the ocean a safer place for those who enjoy its wonders and help continue the conservation efforts of ocean advocates.”

In addition to the introduction to the market, Shark Shield has launched a “capital campaign” and is seeking to raise $1.4 million by way of issuing 35,000 new shares. The funds will be used to aggressively grow the untapped U.S. market and launch an innovative product next year.

The three Shark Shield devices create an electronic shark barrier by using salt water as the conductor to produce an electromagnetic field that disturbs those vital (ampullary) receptors used by sharks to find food, communicate and find a mate. There are no known long-term effects to the shark from the electrical field, but the discomfort is enough to discourage interaction with humans. As a result, many professional divers and fishermen use Shark Shield as their most important piece of equipment.

Shark Shield is currently being sold in dive shops and outdoors/ocean equipment stores in Tampa Bay, Fort Lauderdale and Miami. The price of the products vary depending on model but, on average, retail $599 to $699.

About Shark Shield: Shark Shield is the world’s only scientifically proven and independently tested electronic shark deterrent designed to reduce the risk of an unwanted shark encounter. Shark Shield devices create a powerful electrical field which induces spasms in predatory shark’s highly sensitive electrical receptors. Shark Shield products are personal safety devices which provides peace of mind to enjoy your ocean sports, such as diving, kayaking, surfing and stand-up paddle boarding, while supporting the conservation of sharks. For more information please visit www.sharkshield.com

Bioactive Laboratories Closing their Fundraising Round Early

Bioactive Laboratories, a developer of a world first anti-inflammatory & pain relieving agent that is gentle to the stomach, closes their current fund raising campaign early.

Rick Ferdinands MD describes this fund raising experience: “Bioactive are grateful to the Wholesale Investor team; it’s the most effective platform to meet qualified investors in Australia. We are now able to close this fund raising campaign early and get on with business”.

As there are a number of investors who weren’t aware of the closure, Bioactive Laboratories have extended the deadline to Friday, 22nd August 2014.

As you can imagine with the strong response to the campaign, the company have already commenced the next stages of their strategic plan featuring the TGA registration completion, production trials and further customer engagement.

For those who could not make it to the Melbourne Showcase in July, you can view Rick’s presentation at www.bioactivelab.com.au/news/

Zomia Resources’ Sakai Gold Project – A potential of 1 million ounces of gold identified

With the initial round of capital raisings complete Zomia Resources is now focusing on updating the previous feasibility studies on the Sakai Gold Project. Extensive mapping has been undertaken and a potential of 1 million ounces of gold has been identified beneath the current reserve of 150,000 ounces.

Further capital injection will allow testing the depths beneath the current reserve. We continue to invite interested investors to invest at the initial price of 10 cents per share with an attached option per share at 10 cents.

Zomia Resources has recently executed a legally binding transaction (Lao government approved) to acquire an initial 64% with the right to acquire up to 90% of the Sakai Gold Mine located 54km north-west of Vientiane. The project consists of a fully granted mining license running to 2018 and extendable to 2028.

Totally Environmental – CEO Interview

Totally Environmental has recently secured the IP for unique food composting technology from Sweden and merged with Kompost West AB, the producer of the award-winning, world-class organic food waste recycling machines installed in over 100 locations worldwide. In Australia alone, 4 million tonnes of food waste is directed to landfill each year. The byproduct of this is methane, an environment damaging gas 21 times more harmful than your car exhaust.

State Governments around Australia are seeking rapid and direct action. New South Wales announced its Waste and Resource Recovery Initiative for NSW; a $465.7 million package over 5 years to transform waste and recycling in NSW. This includes the $70 million ‘Organics Infrastructure Fund” and program. This infrastructure fund and incentive program aims to recover food from households and businesses. Totally Environmental has recently been approved by the NSW Environmental Protection Authority as an approved supplier, our customers are now eligible for multiple funding grants when purchasing our equipment under this scheme.

The product range features food composters that treat food waste “onsite at the client’s premises” reducing the volume of waste by up to 90% converting the remaining 10% into natural compost within 24hrs. The value proposition centres on environmental benefits as food waste diverted to landfill is reduced, and financial efficiencies as there is a lower requirement for the collection, cartage or disposal of the waste food. The financial value is enhanced as the output compost can be used by the client on their own grounds, or turned to a revenue stream as Totally Environmental can distribute through retail and wholesale channels.

Totally Environmental also has plans to also modulate its largest 2.5 tonne capacity per day machines and create larger small scale food waste processing plants capable of processing up to 15 tonnes of food waste per day. As part of the companies 18 month roll out plan across Australia and New Zealand the company is setting up a new assembly factory in Tullamarine, Melbourne to support its planned rapid growth strategy. The company is establishing its own Export Division in early 2016 to deliver its technology globally.

Please listen to Cliff Benns, Managing Director.

University of Melbourne joins with CMB to launch innovative programme for young Australian entrepreneur

CMB Capital is excited to announce a ground-breaking partnership with the University of Melbourne’s MAP (Melbourne Accelerator Program) to help young entrepreneurs. The partnership, called the Ingenium Cadetship, offers students the opportunity to take part in a 12 week paid program. The program places them in 3 rotations through CMB and its 12 portfolio companies to learn from some of the best Australian and New Zealand startup entrepreneurs. Each student chosen will also be paid $12,000 and have the chance to pitch their startup business to a group of investors at the end of the program. If successful, CMB will also lead a seed funding round for them.

Having just completed the initial rotation over July, the program has exceeded all of our expectations. Some of the highlights and experience gained by the cadets include:

  • Both cadets who spent 3 weeks with the Roller team in Melbourne (Liam and Kishan) were offered part time business development roles and have been responsible for generating significant revenue for Roller
  • Shahed, who spent his 3 week winter rotation at CMB’s Sydney head office has had the opportunity to sit in on pitch presentations to high net worth investors for 2 different companies that CMB is looking to invest in
  • The cadets had the opportunity to spend 2 hours with Andy Sheats, the CEO of Health.com.au, to discuss his experience and insights into creating and building a business
  • CMB has held a number of master classes for the cadets to help prepare them fine tune their pitch presentations as well as plan for the growth and expansion of their start up businesses

There will be a 3 week rotation in the lead up to Christmas and a 3 week rotation in January before the cadets have 2 weeks to focus on preparing for the pitch day to be held in mid February 2015. If you would like to more information or are keen to be involved with the program, please let me know.

CMB wants to take the lead in giving young Australian entrepreneurs a leg up. We have had excellent feedback from major Australian corporates (including a number of CMB advisory clients) and hope to expand the program for corporate clients next year.

Australian Companies Excel at the Singapore Showcase Lunch

Wholesale Investor is pleased to announce that Singapore Showcase Lunch on Friday, July 25th was a tremendous success!

With investors coming to the event from different parts of the world, including Hong Kong, Malaysia, New Zealand and Australia, the attendees far exceeded our initial expectations. The number of investors in the room was also complemented by the quality of the companies presenting.

We would like to thank our corporate & support partners PwC, DLA Piper, NZTE, Bansea, Austrade & the Australian High Commission for their continuing support. We would also like to thank the companies who presented and all of the attendees for being a part of one of our biggest showcases to date.

A particular congratulations must go to Austrade and the Australian High Commission for hosting a Cocktail Party at the Residence of the Australian High Commissioner on Thursday, the 24th of July. This event was a great opportunity for the companies to meet and network with private investors and investment groups leading up to the showcase presentations held on the next day.

If you would like to be a part of our next event in Singapore, as an investor, presenter or support partner, then please email James Campbell at j.campbell@wholesaleinvestor.com.au for further information.

Folkestone Fund Acquires Development Land for New Residential Masterplanned Community

Folkestone is pleased to announce that it has established the Folkestone Truganina Development Fund which has acquired an 80% interest in a 52.5 hectare residential master planned community in Truganina (“Project”), one of Melbourne’s fastest growing areas.

The Fund will develop, in joint venture with ID_Land (20% of the Project), approximately 680 residential lots and a 3.1ha town centre on land at Doherty’s Road, Truganina1. ID_Land will manage the delivery of the Project on behalf of the joint venture.

Truganina is located approximately 20 kilometres west of the Melbourne CBD in Melbourne’s Western Growth Corridor. Truganina is part of the City of Wyndham, which is the fourth fastest growing LGA in Australia2.

The Project is strategically located along Doherty’s Road, and is located less than 1.5 kilometres from the new Tarneit railway station which is due to open when the new Regional Rail Link becomes operational. Truganina also provides easy access to the Princes and Western Freeways linking the west with the CBD and major employment zones.

The Project is located within the Truganina Precinct Structure Plan (“PSP”) which is awaiting approval by the Metropolitan Planning Authority and the Victorian Minister for Planning, following the completion in April 2014 of an Independent Panel Report into the PSP3.

The Project is being acquired on a staged settlement basis with a series of payments required between now and 2016.

Folkestone is underwriting the Fund offer of $18.25m. Folkestone will retain a co-investment of 20% of the Fund ($3.65m) following completion of the third party capital raising which will commence after the PSP has been approved by the Minister.

Mr Greg Paramor, Managing Director, Folkestone said “the Truganina Project provides exposure to the fast growing western corridor of Melbourne. We believe the affordable price point for the residential lots, together with its proximity to the Melbourne CBD, access to major freeways and the new Regional Rail Link, and the major employment zones in the western corridor should underpin the demand for our Project over the coming years.”

“We are delighted, once again, to be joint venturing with ID_Land, following the success of our Potters Grove, Officer project in the south-east growth corridor of Melbourne. ID_Land is one of Melbourne’s most innovative and dynamic developers who specialise in land sub-division and medium density development” said Mr Paramor.

This is the third development fund launched by Folkestone and our first residential land sub-division development fund. This is consistent with Folkestone’s strategy of providing quality real estate investment opportunities via both income and development funds for our clients.

For further information contact:

GREG PARAMOR
Managing Director

BEN DODWELL
Head of Real Estate

Ai-Media Expands with Melbourne Office

MEDIA RELEASE

Ai-Media Expands with Melbourne Office

4 August 2014

Speech-to-text innovator Ai-Media has strengthened its service capability by adding a Melbourne office to its growing national and global operations in Sydney, Brisbane, Adelaide and London.

Ai-Media CEO Tony Abrahams said: “Our investment in Melbourne is an important milestone in our global expansion. We are delighted to be able to additionally service our broadcast, education, corporate and government clients from this dynamic city.”

Senator The Hon Mitch Fifield, Assistant Minister for Social Services, welcomed the investment. “I’ve long been a supporter of innovation in disability and co-sponsored a motion in the Senate in 2011 in support of the sort of work that Ai-Media does. It’s been great to see captions move from television into education and benefit people beyond those with a hearing impairment, including autism, English as an additional language and also for teacher improvement…. Ai-Media is a great business,” he said by video at the office opening.

Associate Professor Janet Clinton of the University of Melbourne Graduate School of Education said: “We have enjoyed a longstanding collaboration with Ai-Media investigating opportunities to use speech-to-text to improve teaching and learning. Ai-Media’s Melbourne office cements this relationship for us.”

Professor John Hattie, Director of the Melbourne Education Research Institute, sees a big potential benefit from using Ai-Media’s technology in school classrooms: “Providing classroom transcripts facilitates feedback to teachers that is meaningful, in real-time, and impact-focused. Teachers have an opportunity to evaluate their teaching, and grow from the evidence of impact.”

Ai-Media provides captioning for television broadcasters including Foxtel, Nine Network Australia, Fox Sports, Australian News Channel (Sky News), and innovative teacher training and education solutions for schools and universities through its Ai-Live and Visible Classroom products.

Tony Abrahams, Ai-Media CEO

RAW Capital Partners Quarterly Update: Q2 2014

Following on from the Q1 2014 performance of +6.38%, the RAW Alpha Fund declined 1.38% during an essentially flat second
quarter. During the quarter, modest gains in Equities and Bonds were insufficient to offset losses in Currencies and Commodities. Weekly and monthly Fund performance during the period was characterised by low volatility. Overall, returns were consistent with other funds offering exposure to global macro themes, but lagged the more volatile trend-following peers.

To read the full update please download the document below.

Lypanosys’ Eczema Treatment, the new Breakthrough in Dermatology

The prevalence of Eczema worldwide is high and growing.   In Australia alone GPs treat 1.8 million cases of eczema per year.  In the US, approximately 10% or 35 million people suffer from the disease at some stage in their lives and many of these suffer on an ongoing basis. With no effective products available for the convenient, safe and chronic treatment of Eczema this is one of the largest unmet market opportunities in dermatology today.

Lypanosys, a New Zealand drug development company, has demonstrated it has a breakthrough that would disrupt this growing and global market segment.  Andrew Turnbull, Managing Director of Lypanosys, outlines the discovery, “Our lead compound, LYP-010 is a naturally derived product that is being developed as a safe, oral product for the treatment of Eczema.  The current main treatments used by the medical profession are topical steroids and topical calcineurin inhibitors.  These have unpleasant side effects or safety concerns, especially in the long term treatment of sufferers. They are also topical which makes them messy and awkward to apply resulting in poor compliance.”

Convenient, safe and chronic treatment of Eczema

Topical treatments are not regarded as an optimal solution.  The diligence required to apply creams to all affected areas twice a day is unrealistic for many patients and parents of children who suffer from eczema find this very difficult to manage.  “The practicalities of this contribute to the high levels of non-compliance for topical treatments which substantially reduce the effectiveness.  With LYP-010, the treatment is a simple to take oral product and is formulated as a cherry flavoured suspension for children or a capsule for adults.” said Mr Turnbull.

Convenience affects compliance which drives effectiveness but the primary issue facing users is safety.  “Strong steroids can only be used in short bursts to avoid the effects of long term use.  For children, who represent a major segment of the market, there are particular concerns about the safety of these treatments.”

Eczema is an immune system disorder and not just a dermatological problem. Topical treatments only treat the symptoms at the specific site where the ointment or cream is applied but they don’t deal with the underlying immune system issue.  “LYP-010 has the ideal product profile treating the disease systemically with a simple, convenient, oral delivery. Also because it is naturally derived with a history of use as a dietary supplement its safety profile is ideal and much, much better than newer immune system treatments for eczema such as calcineurin inhibitors. There are significant concerns about possible links to cancer with these.”  To this effect, LYP-010 represents a novel product that will be very well received in this market segment.

Capitalising on the market opportunity for Lypanosys

In the US alone, the sales potential for the product is conservatively estimated at more than US$700m per year.  To bring this breakthrough product to market Lypanosys plans to build on the results and body of work from its Phase 2a and earlier studies. “We have completed the preparatory work and clinical trials required by the US FDA and have some good results from a small Phase 2a pilot study.  Now is the time to fund a definitive Phase 2b study to further validate the product’s safety and to prove its effectiveness.  This study is sized for statistically significant efficacy using the results and information from all the other work and is the culmination of more than 6 years of preparatory effort and significant levels of funding. We are very confident that this study will be successful and if so it is likely to lead to the licensing or sale of the rights to this product globally.”

Because of all the preparatory work already completed the safety, efficacy and regulatory risks are largely mitigated. The company is confident that there is a good opportunity for a very good return for investors in a short timeframe. “The investment proposition has been well received with sophisticated investors on the Wholesale Investor platform. We expect to be able to deliver the results from the Phase 2b study within 18 months of funding and expect a licensing deal with a major Pharma or Dermatology company within 2 years of funding.”

With Venture and Pharma Industry veterans backing the company, there is a realistic prospect that Lypanosys can be strong candidate for an exit event supported by multiple market precedents. “Comparable deals in Dermatology support a license deal with a total value well in excess of $200m.  But for us it is also very rewarding to be working on a product that is likely to have such a significant and positive impact on eczema sufferers worldwide.”

Insync Global Titans Fund – June 2014

Key Points: Insync Global Titans Fund

  • Boutique Sydney-based fund manager established in 2009 with an investment team of 3, with additional input from the CEO who is responsible for all operational, risk and compliance management.
  • The Global Titans Fund invests in a concentrated portfolio of 15-30 stocks, targeting exceptional, large cap global companies with a strong focus on valuation and downside protection.
  • Portfolio selection is driven by a core strategy of investing in companies with sustainable growth in dividends, high returns on capital, positive free cash flows and strong balance sheets.
  • Emphasis on limiting downside risk through extensive company research, the ability to hold cash and long protective index put options.
  • Strong longer term track records against cash and MSCI ($A) benchmarks, with limited drawdowns.
  • The Fund is available to retail investors with a PDS dated Sept 2013.

To view the full monthly fund review please download the document below.

Australian High Commission – Singapore promotes: Wholesale Investor Singapore Showcase Lunch

Source: The Australian High Commission Singapore; Published: Thursday 24 July 2014

Wholesale Investor, Australia’s leading private investment platform, will host the Singapore Showcase Lunch 2014 in Singapore on Friday July 25.

Presented in association with principal support partners PwC, DLA Piper, NZTE, Australian High Commission, Austrade and BANSEA; the Showcase will provide over 200 Family offices, High Net Worth and Professional Investors with the opportunity to gain direct access to 12 high growth Private, Pre-IPO and ASX Listed Companies in the Internet, Life Sciences, Cleantech, Technology, Financial Services, Aviation, Property, Aquaculture and Agriculture sectors in one afternoon.

“We are proud to be showcasing 12 leading Australian companies in Singapore. With over 200 registrations for the event, it demonstrates that Singaporean Investors are keen to discover and gain access to the innovation coming out of Australia,” said Steve Torso, Managing Director of Wholesale Investor.

Through its annual hosting of up to 15 events across Australia, Wholesale Investor showcases over 120 companies to a targeted audience. Hosting events in New Zealand and now Singapore, has shown that Wholesale Investor can bridge the gap between local companies and International Investors and Family Offices.

3 examples of the companies being featured are:

MBD Energy Ltd - Multi-faceted environmental company with blue chip strategic partnerships

MBD provides environmental waste management solutions with an emphasis on the clean-up of industrially contaminated waste water to comply with government mandated waste water licensing controls in jurisdictions across the Asia Pacific region.

The company’s technologies, based on the natural bioremediation properties of algae, provide environmental clean-up solutions across a wide range of applications, ranging from heavy metals from power stations and minerals processing, through to waste nutrients from aquaculture and farming. In addition to selling cost-effective industrial waste water solutions, MBD targets the conversion of large volumes of associated algal biomass into commercially viable products including fuel, feed, fertilisers and pigments – and is currently building major projects with blue-chip partners and clients in China, Thailand and Australia.

Australian Seafood Investments Ltd - Pre ASX Listed Offering -Established lobster processing business averaging $18m turnover annually with a distribution licence in China

Australian Seafood Investments Limited (“ASI”) has entered into an agreement to acquire control of a long established family-owned, South Australian-based live lobster processing business which currently exports 90% of its product to China. ASI holds a dominant position in the South Australian Southern Zone Rock Lobster Fishery with 30% of TACC.

Significant growth opportunities are available to it through the sourcing of incremental lobster volume in other Australian Fisheries (States) and expansion into other premium live seafood species suitable for the Chinese market. The company holds an important Seafood Import and Food Distribution License in China enabling it to sell direct to the rapidly emerging retail and hospitality sectors at higher margins.

Long Pipes Pty Ltd - Long life, gas approved and cost-effective pipeline technology with a rapid production rate

Long Pipes has developed the Fluid HighwayTM. This 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 composite pipe is strong, flexible and able to withstand extreme temperature variations and high pressure.

The Fluid HighwayTM is a demonstrated, cost-effective technology that has the potential to challenge the global steel, high density polyethylene and fibreglass pipeline industries and become the material of choice for oil, gas, water slurry and hydro transportation networks.

EVENT DETAILS:

Date: Friday 25 July 2014
Time: 12.00pm – 3.00pm
Venue: Hilton Hotel, 581 Orchard Road, Singapore, 238883
Catering: Lunch and drinks will be supplied throughout the event
Cost: This is a free event for Family Offices, Sophisticated and Accredited Investors, Stock Brokers and Fund Managers

To register for the Singapore Showcase Lunch 2014, please go to:
http://www.wholesaleinvestor.com.au/events/singapore-showcase-lunch-2014/

To view the full release please click here.

Nanuk Asset Management June 2014 Report

Hello,

The Fund reported a gain of 1.2% in June which has resulted in a 1-year rolling return of 14.8% and a 2-year rolling return of 14.5% p.a.

As mentioned in past investor letters, despite the broad underperformance across solar and LED stocks in recent months we have retained a high level of conviction given the strong fundamentals that we believe they displayed. However, during June the Fund benefited significantly via its long positions across these sectors, with a holding in SolarCity (who’s Chairman, Elon Musk, is also CEO of Tesla) being a particularly strong contributor to the Fund.

For some further insights into why we remain confident in the long-term outlook for solar and as well other forms of clean energy, please find a very useful summary of the 2030 Market Outlook here published by Bloomberg New Energy Finance, which outlines how they believe the world’s power mix will evolve from the present to 2030.

Despite further positive catalysts emerging across clean energy and energy efficiency technologies we do see a correction across broader equity markets as a distinct possibility in the second half of the year. As a result, the Fund’s net exposure remains low, even relative to the long-term average of approximately 15% net long.

For some additional thoughts on recent IPOs of renewable energy owning ‘YieldCos’ as well as details on a multi gigawatt scale manufacturing plant set to be built in the US, please read our Monthly Report – June 2014, which is attached. A final piece of reading that may be of interest is ‘The Coming Climate Crash Lessons for Climate Change in the 2008 Recession’ written by the ex-Goldman Sachs Chairman and Republican Treasury Secretary Hank Paulson, which can be found here

If you require any further information regarding Nanuk, please contact me using the details below.

Regards,

Andrew
Andrew Kleinig
Head of Sales and Investor Relations
E: andrew.kleinig@nanukasset.com

Totus Alpha Fund Performance Summary – June 2014

Dear All,

Please find attached the June 2014 performance summary for the Totus Alpha Fund.

Founder’s series units were down 3.0% (post fees) in May taking performance for the 2014 financial year to 28.5% (net of fees). The broader market (ASX 300 including dividends) fell 1.4% over the month (up 17.3% for the 2014 financial year to June).

If you have any questions about the fund or would like a meeting to discuss it please let me know.

Regards

Ben McGarry
Portfolio Manager
www.totuscapital.com.au

New tool can protect local divers from shark attacks

Source: ABC Action News; Published: Tuesday, 15th July 2014

Shark Shield comes from a company that’s been based in Australia for the past dozen years but has recently set up shop in St. Petersburg.

“The bay area and the Gulf of Mexico has a lot of shark activity that we’ve seen increasing in the past three to five years, so there’s a demand for the product,” said Amanda Wilson, general manager of Shark Shield,
Shark Shield was a hit in Australia, where it was invented. Now Wilson hopes it will find users in the United States, where there is an active spear fishing community as well as commercial and leisure divers.
To watch the full story on ABC please click here.

Investors Central – Empowering borrowers with personalised auto-finance Australia-wide

Finance One specialises in lending to clients who fall outside the main stream lenders. Simple errors such as the failure to pay a phone bill on time all the way to bankruptcy, there are many ways why individuals have acquired a poor credit history, however, each person experiences difficulty in obtaining satisfactory credit.

Jamie McGeachie, Managing Director at Finance One, a national provider of auto finance, highlights the growing customer problem “There are entire sections of the community that are deemed unacceptable credit risks.  We empower those who are now no longer recognised by the financial system but have the stability, substance and capability to pay.”

Recognising the difference between borrowers

Finance One specialises in lending to tier one individuals who have fallen temporarily from their premium credit histories.  Mr McGeachie highlights why this market deserves to be serviced; “Unlike the big lenders, we believe that a poor credit history should not exclude you from obtaining credit forever. Provided applicants can demonstrate to us that their financial situation has stabilised over time and that they have sufficient cash flow to make their loan repayments, we can approve the loan.”

There is pent-up demand in this segment for auto finance.  “Feedback we have received from our broker network is that this could be placed very quickly with high quality borrowers at low risk”, continued Mr McGeachie. Finance One has a nationwide network of 320 brokers with activity predominantly from Queensland, South Australia, Victoria, Western Australia and Regional NSW. “We receive between 400 and 600 applications per month from our broker network. Due to our rigorous selection criteria only one in five are approved for finance but even with this conservatism, we have increased from $13M under loan management to $21.2M in 12 months.  A 63% increase demonstrates the demand is persistent.”

A traditional approach to credit management

Finance One has developed lending policies to promote responsible lending and has implemented loan management procedures to mitigate the risks associated with borrower defaults. “Our rigorous risk management policies were developed since our core team started lending in this industry in 1997. This ensures funds are distributed to suitable candidates who meet our lending criteria. Our internal systems ensure our clients are micro-managed through the life of their loan.”  Finance One allocates a dedicated customer service person to manage the relationship and build long term rapport with our borrowers. “Because of this approach our defaults are about half the industry average.  Engaging with the client empowers them, and facilitating motor vehicle ownership is the end goal.”  The old approach to finance where lending is personalised is again the new approach with a face given to the facility.

Growing investor demand

With millions of Australians looking for credit in the auto finance sector, this represents a growing opportunity for lenders like Finance One.

Investors Central Limited is an unlisted public company which is the fundraising arm of the Finance One business, a wholly owned subsidiary.  Investors Central has seen strong interest from investors from around the country looking for a high-yield, asset backed security.  “The demand for this kind of product is self-evident.  With terms starting at 11% per annum and interest income paid in monthly instalments, investors are receiving exposure to a secure investment”.  Investors Central paid $2.7M in interest payments to investors last financial year, almost double the previous year.

“Under our new prospectus we are seeking to raise up to $25M over the coming 13 months to finance the demand from brokers nationwide.  Along with our current funds under management, and the fact we reinvest 100% of our profits into our loan book, we are targeting $40M in funds under management at the completion of this financing round and there is demand to sustain this investment.”  The outlook for 2014 and beyond is that the auto industry demand is anticipated to be bullish and Finance One is positioned to capitalise on this with Investors Central driving returns to investors.

China-based anti-counterfeit App maker YPB Group set for ASX-listing

Source: The Australian Financial Review; Published: Monday, 14th July 2014

YPB Group, a company that is making a smartphone App to help Chinese consumers spot fakes by authenticating branded products as genuine, has managed to get its plans for a backdoor listing on the Australian Securities Exchange over the line.

The company, which had been seeking to raise up to $6 million by June 30 needed an extension of time but closed the offer on Friday July 11 having secured $3.7 million, pipping the minimum $3 million needed for the float to proceed. A final listing date is yet to be set but it is expected to be before the end of the month.

According to a statement from the company the greater-Asian anti-counterfeit authentication market is currently valued at $US14 billion ($14.91 billion) per annum and growing at a rate of 20 per cent each year.

At listing, the company will have an indicative market capitalisation of just over $20 million.

To view to full article please click here.

Revolutionary Anti-Counterfeit Tracer Technology Company, YPB Group Highlights Expansion Plans After Its ASX Listing

Counterfeiting has become pervasive worldwide.  Bottled water, milk, shampoo and medication all form part of the $1.7tn counterfeit goods market, and have all been the subject of high profile seized shipments in Asia in recent times.  However, this is not a victimless crime with between 200,000 & 300,000 dying annually from fake pharmaceuticals in China highlighting there is a serious human element to this megatrend.

Product integrity is critical for the maintenance of public health and consumer confidence.  Over US$80 Billion spent fighting counterfeiting worldwide, with US$14 billion spent in Asia alone, to maintain integrity and reduce counterfeiting.

The current incumbent technology is the RFID chip but has several drawbacks. John Houston, Managing Director and Founder of YPB Group explains “RFID is a physical product – it can be removed, destroyed and tampered with.  It is also unsuitable for the FMCG market where margins are tight and solutions have to be at least 90% cheaper.

YPB Tracer Technology

YPB is the only company licensed in China that sells invisible tracer solutions to fight counterfeiting. “Our patent-protected tracer technology is a game-changer in the industry.  It’s a solution that can be applied to any product, which can then be scanned using the YPB Scanner.  If a user gets a green light, they know it’s genuine.” YPB’s technology works for the Brand Owner, but is also viable for consumers with the YPB revolutionary iPhone app.  “It’s low-cost, invisible, indestructible and easy to introduce to the supply chain, all this and still maintains a gross margin of up to 90%.  It is the ideal product for this market”, continued Houston on the technology that has had $10M invested into from inception to today’s position from the founder and private investors.

Investment has gone to operational and sales infrastructure in Beijing, Shanghai and Chengdu.  With this investment, YPB has nine contracts in place, which lock in 3 -5 years of recurring revenue with low ongoing costs.  In such areas as food packaging, textiles, electrical equipment, cigarette packaging, security printing demonstrates the diversity of the product.

ASX Listing Funding the International Growth Strategy

YPB Group is due to be listed on the ASX in late July.  Funds raised from the IPO allow YPB to commence the expansion of its Pan Asian footprint, as well as source further distributors in Asia, US and Australia to add to the existing European distributor.  This provides a platform for creating significant shareholder value through strong & reliable cash flows on a global scale.

YPB plans to go direct to consumer with its patent pending mobile app that can scans tracer-enabled barcodes to determine legitimacy.  This provides the potential to arm over 500 million smartphone-using consumers with anti-counterfeit tools in China.  This positions as an exciting high growth, global business in hands of consumers worldwide.

As an experienced international entrepreneur, John Houston he has successfully grown and exited a number of companies including turning around and selling Inter-touch for US$70million cash at 70x EBITDA to NTT DoCoMo of Japan plus building and running huge mobile phone Companies around the world for Hutchison and Orange.  He was looking for the next big opportunity, which he found in YPB  “Long term growth stories are rare, but YPB’s anti-counterfeit technology ensures we can capitalise on this mega-trend and deliver investment returns for many years.”

Raw Global Alpha Fund – June 2014 Monthly Report

Attached is our monthly performance report for the RAW Global Alpha Fund, formerly known as the RAW Alpha Systematic
Fund 1, for June 2014.

Additionally, I am delighted to announce that we have just launched a new and exciting range of funds. The new funds enable
us to offer a range of complimentary investment solutions with a range of risk and return profiles which cover all of the major asset classes.

The investment solutions now offered by RAW Capital Partners are as follows:

Fund Name Investment Objective  Target Annualised Return  Total Ongoing Charge* 
RAW Cash Deposit Fund  The Fund invests solely in a range of bank deposits with high quality institutional counterparties. There is no yield enhancement through derivatives or structured products. One month GBP, USD and EUR LIBOR, respectively, by 0.50% per annum before fees on any rolling 12 month basis.

 0.25%

 

RAW UK Gilt Fund The Fund provides diversified exposure to an actively managed portfolio of UK Gilts with differing maturity profiles, provided in a simple and convenient format and delivered at a low cost to the investor. The aim of the Fund is to outperform the FTSE Actuaries Government Securities UK Gilts All Stock Index on a total return basis by 0.20% per annum before fees over rolling three year periods.

 0.25%

 

RAW UK Balanced Fund The Fund invests in multiple strategies which offer investors diversified exposure to bank cash deposits, UK government bonds, UK equities, and international bonds, equities, currencies and commodities. 5-7% per annum total return before fees on any rolling three year basis.

From 0.45%

RAW UK Equity Fund The Fund seeks to maximise investment returns in rising markets and to help preserve capital in falling markets by investing in a portfolio of companies listed on the London Stock Exchange. 8-10% per annum total return before fees on any rolling three year basis.

From 0.45%

RAW Global Alpha Fund The Fund seeks opportunities on a global basis via exposure to approximately 120 global futures markets. 8-12% per annum total return before fees on any rolling three year basis.

0.95%

 

*The ongoing charge represents the total costs associated with running each Fund. Charges are deducted from the assets of each Fund and covers all aspects of operating the Fund during the year, including fees paid for investment management, administration, custody and the independent oversight function. The ongoing charge excludes the costs associated with buying and selling assets for the Fund. In respect of the RAW UK Equity Fund and the RAW Global Alpha Fund, the ongoing charge does not include any performance fees, where applicable.

I have taken this opportunity to attach explanatory factsheets for each of the funds. However, if you would like more detailed information, I would be delighted to assist.

 

Kind regards,

Richard Avery-Wright
Chief Executive Officer & Founder

Lypanosys Ltd – CEO Interview

Lypanosys is a drug development company. The company’s lead compound, LYP-010, is a naturally derived, fatty acid based, product that is being developed as a safe, oral (capsule and oral suspension) product for the treatment of Eczema.

There are currently no products available for convenient, safe and chronic treatment of Eczema and with around 10% of the US population suffering from the disease this is one of the largest unmet market opportunities in dermatology today. The market opportunity has been extensively and independently validated with primary research and peak sales in the US alone are estimated at more than $700m.

The company has an open Investigational New Drug dossier (IND) with the US Food and Drug Agency (FDA), has completed Chemistry, Manufacturing and Controls (CMC) work, toxicology, Phase 1 and Pharmacokinetic studies as well as a pilot Phase 2a study. The Phase 2b study in adults has been agreed by the FDA and approved by a central ethics committee in the US. The centres have been identified and the study is ready to go – pending funding.

Several Pharmaceutical and Dermatology companies have indicated that they would like to license or acquire this product following the successful completion of this study. Comparable deals in Dermatology support a license deal with a total value well in excess of $200m. We expect to be able to deliver the results from this study within 18 months of funding and expect to have agreed a licensing deal or trade sale with a major Pharma or Dermatology company within 2 years of funding.

Please listen to Andrew Turnbull, Director and CEO.

Investors Central Ltd – CEO Interview

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 with the loan book currently at $20.9M. 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 11% to 16% through redeemable preference share issues.

To hear the latest on Investors Central straight from the source, please listen to Jamie McGeachie, Chairman / Managing Director.

Sky Investment Strategy Performance Update – June 2014

Dear Investor,

During June the Sky Investment Strategy returned -4.6%. For the twenty six months ended 30 June 2014 the strategy generated an 84.1% return.

Please click the link below to view the Sky Investment Strategy June 2014 Performance Update.

Sky Investment Strategy June 2014 Performance Update

If you would like more information about the strategy please do not hesitate to contact me.

Regards,

Alex Shevelev
Sky Funds Management
alex.shevelev@skyfundsmanagement.com

Former Toyota Australia chief John Conomos to float car radio app firm Connexion Media

Source: BRW; Published: Wednesday, 02 July 2014

John Conomos, the former head of ­Toyota Australia, has bemoaned the lack of entrepreneurial culture in ­Australia as he prepares to become chairman of a company that hopes to have its internet radio application installed in vehicles built by General Motors around the globe.

At a time when Ford, General Motors-Holden and Toyota are all ­preparing to shut down their ­car-making operations in Australia over the next three years, the only answer for the remaining car ­component makers who rely on them is to try to become part of their global supply chains.

Original article can be viewed on the BRW website, clicking here

Coretrack Limited is acquiring new oil well technology

Source: ProactiveInvestors; Published: Monday, 30 June 2014

Coretrack Limited (ASX:CKK) has received strong results from independent third party expert laboratory testing undertaken on a new batch of Ecopropp proppants, which are required during fracking operations.

These proppants are expected to produce good flow rates from deep oil and gas wells in comparison to others on the market.

Coretrack has agreed to acquire Ecopropp subject to certain conditions precedent being met and Ecopropp meeting an agreed milestone.

The tests, which were conducted by US based Global Energy Laboratories show exceptionally high pressure thresholds for the
Ecopropp proppants.

The aim of the tests was to determine whether the new mix design with significantly reduced bauxite had a marked effect
on compressive strength.

Testing at 14 000 PSI resulted in 8% of the proppant being crushed compared to the ISO standard of 10% at 4,000 PSI.

A crush ratio of less than 10% is the generally accepted market threshold which means the Ecopropp proppant could potentially test at even greater strengths than 14000 PSI.

Whilst most traditional proppants are manufactured from clay and bauxite, Ecopropp have developed a proppant made mostly from the bi-product of coal fired power stations, flyash, which is mixed with a small amount of bauxite and other materials.

In a secondary test designed to determine the bulk density of the Ecopropp proppant, a reading of just 1.45 grams per cubic centimetre was returned.

This result is significantly below that of some of the major proppant market participants and should deliver cost savings
to Ecopropp customers because it will result in a higher volume of proppant being delivered for an equivalent weight.

Ceramic Proppants are a sand like commodity that are often the single most expensive cost item when hydraulic fracturing a unconventional oil and gas well.

Connexion Media Offering Attracting Interest – Offer Ends Soon

Media Release, 17 June 2014

Technology company Connexion Media Limited (ASX:CXZ) is on track to raise up to $6 million through its public offering, which should see it re-listed on the Australian Stock Exchange.

The funds will be used to purchase Miroamer Pty Ltd and its technology that caters to the web-connected vehicle market, in particular Internet connected software services and data analytical services.

It has an agreement with General Motors relating to its Internet radio product, which allows the consumer to listen to AM/FM radio stations from around the world. General Motors produces around 8.5 million vehicles a year.

Miroamer chief executive Mr George Parthimos said the company had received several significant commitments, including a major investment from Mac Equity, a Perth-based investment firm.

“Investors are excited about our technology, not just in the growing internet radio streaming market, but the potential of the vehicle data analytics collection and subsequent on-sale to business partners,” Mr Parthimos said.

“We are a global player in supplying software services to the connected car market. We are seen as punching above our weight with our multi-award winning technology.

“We have established a strong management group and have solid agreements with the key partners in the global connected vehicle market.”

Connexion Media is offering 30 million shares at 20 cents each, to raise up to $6 million. There is a minimum subscription of $3 million. Lead manager for the Issue is Phillip Capital Limited.

The Offer closes on 3 July 2014 and the company expects to list on the Australian Stock Exchange on 24 July 2014.

Former Toyota Australia Emeritus Chairman John Conomos will be independent chairman of Connexion Media. He will be joined on the Board by former Internode CFO Sean Hapgood.

Further Information
George Parthimos
www.connexionmedia.com.au

Shark Attacks Expected to Rise This Summer

Source: Discovery News; Published: Monday, 23 June 2014

U.S. beach goers beware: Shark experts predict that there will be more shark attacks this summer than last, affecting the estimated 200 million people who visit American beaches each year.

The predicted rise is due to three primary reasons, according to George Burgess, who is director of the Florida Program for Shark Research.

“Each year, more people are going into the water,” Burgess told Discovery News, explaining that more people inherently leads to greater chances for shark encounters. “We’re also seeing a rise in numbers of sharks on both coasts.”

The third reason, he said, is that “global climate change has resulted in warmer waters to the north, prompting humans to enter waters earlier in the season, staying in them later” and over an expanded range.

According to the International Shark Attack File, there were 27 shark attacks in U.S. waters last summer. Five of those happened off the shores of Hawaii, with one of the attacks causing a fatality.

Both people and great white sharks love Hawaiian waters, not to mention other U.S. coastal waters. Burgess and his colleagues recently conducted a survey of great white shark populations and found that they are growing.

This is actually good news, because apex predators like great whites signal how the rest of the marine ecosystem is doing.

“If something is wrong with the largest, most powerful group in the sea, then something is wrong with the sea, so it’s a relief to find they’re in good shape,” Burgess said, crediting U.S. regulatory agencies and their conservation measures for the shark population uptick.

Heidi Dewar, a National Marine Fisheries Service research biologist, added, “We determined there were enough animals that there was a low to very low risk of extinction and, in fact, most developments suggest an increasing population.”

Burgess shared that blacktip and spinner sharks are also “doing quite well” with numbers showing that their populations “are reasonably healthy.”

These sharks aren’t seeking out human prey. Like all animals, they become accustomed to a particular diet. In their case, it typically includes fish, seals, sea lions and other marine mammals.

When visibility is poor, however, and someone is out splashing and kicking, it’s not hard to see how a hungry shark could become confused.

“Remember that when you’re in the water off of beaches you are entering a sea wilderness experience,” Burgess said. “Sharks are out there making a living.”

He said that there are simple things beach goers can do to reduce their chances of experiencing a shark attack.

“Stay in groups,” he advised. “Sharks look for solitary prey. Also, stay out of the water between dusk and dawn, when sharks are most active. Go for a sunset walk on the beach and not a swim.”

He continued that people should avoid entering waters around sandbars, steep drop-offs, estuary inlets, river mouths and lagoons. Fish tend to concentrate in these areas, drawing sharks like a loud dinner bell.

Finally, be careful what you wear. Specifically, avoid wearing shiny jewelry at the beach.

Metal and certain other jewelry can reflect up to 99 percent of the light that it receives. The sheen, Burgess explained, can look like shining fish scales, making the wearer look like a giant fish to sharks on the prowl.

CricHQ appoints new director of digital sales and marketing for the Indian market

Source: Indian Television; Published: Thursday, 26 June 2014

MUMBAI: CricHQ, a cricket technology company is on an expansion spree. The company, which is looking at expanding its executive team in India has appointed Karthik Ramanujam as director of digital sales and marketing for the India market.

Ramanujam brings with him over 16 years of experience in ad sales, content and digital marketing, with earlier stints at NDTV Media, Sony Entertainment Television, Ten Sports, Vdopia and Qyuki Digital Media. In his current role, he will support global sales and user acquisition for CricHQ’s online and mobile platforms.

CricHQ CEO Simon Baker said, “We are very bullish about the Indian market opportunity and are building a strong team here to take full advantage of this opportunity. Karthik’s appointment is a significant boost for CricHQ’s India operations and it also sets the stage for more senior level hires in the near future.”

The company plans to hire 15 professionals for its corporate office in Bangalore in the next few months, which are in addition to over 70 professionals currently employed in India. CricHQ currently has presence in Chennai and Kochi. The Chennai office has 50 employees engaged in product development and data capture and analysis; whereas the Kochi office focuses on CricHQ’s global operations. The company aims to expand its India head count to over 400 employees in the next three years.

Bioactive Laboratories Pty Ltd – CEO Interview

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 such as Voltaren, without digestive side effects.

Global market sectors worth an estimated $560Billion 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.

To hear the latest on Bioactive Laboratories straight from the source, please listen to Rick Ferdinands, Founder & MD.

ETRAIN Interactive – Engaging and effective training solutions for capital intensive industries

Training has become an integral part of the workplace.  Increased Occupational Health & Safety requirements, together with a growing need for highly skilled labour, have seen an increase in demand for quality training.

For industries such as mining and construction, traditional learning in classrooms is ineffective and costly.   To reduce costs, companies are increasingly turning to eLearning. However, the market is saturated with text-based solutions that provide an incomplete solution.  “With capital-intensive, location-based industries such as mining, it is critical that learners can implement their learning from day one.  Text-based training, particularly in the trades and technical area, cannot assure that learners are adequately equipped to do this.” said Managing Director and Founder of ETRAIN Interactive, Mathew Balic, who counts leading companies such as Barrick Gold, News Limited, and the Australian Government as clients.

Interactive 3D based training

ETRAIN Interactive has developed training simulations that do not rely on text and audio to get the message across. Instead, participants learn through tactile and visual engagement. “This creates better outcomes as participants learn by ‘doing’, continued Mr Balic.

“Our key point of difference with other training simulation companies is that we have a comprehensive suite of online training simulations available on subscription. For companies it means that simulation-based training can be delivered cost-effectively, anywhere there is a computer with internet access. For the equivalent price of a traditional eLearning module, our training simulations can deliver better, more skills-based learning outcomes than traditional eLearning.”

Industry-focused solution

The technical expertise required in mining and construction means that quality training is highly valued.  Personnel may need to upgrade their knowledge of tools and equipment as well as OH&S.  “As technology specialists, our team works closely with customers to create ‘next generation’ training by exploiting the latest in hardware & software to deliver innovative, flexible, and visually rich solutions.”

ETRAIN assists companies to improve their training outcomes and improve efficiencies.  A total of 250 courses in Minerals Drilling, Onshore Oil and Gas Drilling, Automotive, Construction and Carpentry will be completed by Q3 FY 2015.

By making this training available online, companies can deliver training on-demand, and reduce the need for face-to-face contact hours.  Results are outcome based with testing integrated into the training. Modules are aligned to the highly-regarded Australian Qualifications Framework to ensure that the training can be accredited.

Subscription-based model changes the game

ETRAIN Interactive is perfectly positioned to disrupt the training industry with the introduction of subscription-based 3D training simulations.  “Two years of dedicated research and development by ETRAIN has led to the development of proprietary software and processes that enable simulations to be developed at a low cost.”

The system is based on a SaaS licence fee model and ensures a repeatable revenue stream. For ETRAIN it creates a highly scaleable product with high profit margins.  It is this positioning that has shown to be attractive for corporates signing up to become clients, and investors looking to invest in the rapidly growing online training industry.

ETRAIN’s gamification of training is poised to gain new participants quickly.  The outcome for companies?  Greater assurance that the training they’re paying for will deliver a return on investment. And for the next generations of learners? A more flexible, relevant and engaging way to learn.

Booming overseas demand is set to boost heavy lamb prices

Source: Stock Journal; Published: Wednesday, 25th June 2014

TIGHTENING domestic supply combined with booming overseas demand is set to boost heavy lamb prices by as much as 30 per cent to 570c/kg this year, according to a forecast by National Australia Bank (NAB).

In its latest monthly Rural Commodities Wrap, NAB predicts prices will be further buoyed by a weakening Australian dollar, with the bank projecting the dollar to be as low as US85 cents by the end of 2014 and US83c at the start of 2015.

As previously reported by FarmOnline, the impact of reduced lamb supply is already being felt at saleyards across Australia, with prices pushed to $200 and above at Dublin’s SA Livestock Exchange earlier this month.

In NSW, favourable trade lamb prices have been a boon for graziers experiencing one of the best seasons they can remember in the central and southern parts of the State, with prices remaining well above the same time last year for autumn and winter so far.

In a statement, NAB Agribusiness general manager Khan Horne said prices for producers have been tracking upwards since bottoming out in late 2012 and NAB expected this trend to continue.

“Export demand prospects for Australian lamb are likely to remain buoyant for some time to come,” Mr Horne said.

“Exports for the first half of 2014 have been steadily increasing and aren’t yet showing any signs of slowing down.

“Supporting our price forecast is the expectation that supply is likely to tighten this year and into 2015 following two years of drought-driven high slaughter rates, combined with poor breeding seasons.”

The NAB outlook reinforces the forecast issued last week by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) in its latest quarterly agricultural commodities report.

The ABARES report forecasts lamb and mutton producers will enjoy higher prices in the coming year, driven by strong export demand and falling local sheepmeat production.

ABARES said saleyard lamb prices had increased 30 per cent between January and May to around 557 cents a kilogram, the highest monthly average since mid-2011.

On the export front, lamb exports set a new record in 2013 for the second consecutive year, at 214,000 tonnes shipped weight eclipsing the 2012 record of 189,000 tonnes.

“2013 saw a remarkable 41pc increase in lamb exports to China,” Mr Horne said.

“This propelled China past the US to become Australia’s second largest export market for lamb after the Middle East.”

Falling production in New Zealand, one of Australia’s key competitors, has further assisted Australia’s exports and prices, according to NAB.

The NAB report states a dry spring and summer in 2013 led to the lowest lamb drop in the country in 60 years, which suggests exports from the country are also likely to be down in 2014.

As production and exports of Australian lamb boom, domestic lamb consumption has been trending downward since 2009.

Last year, lamb consumption by Australians fell by 6pc.

The NAB Rural Commodities Index eased slightly in May, largely in response to moderate declines in the prices of livestock and dairy.

The Index declined 1.2pc in AUD terms and 1.3pc in USD terms.

Beef, lamb, dairy and cotton all fell 4pc in May in AUD, whereas wheat (+4 per cent), barley (+5 per cent) and sugar (+3 per cent) posted moderate gains.

Point of Pay Executive Summary for the current convertible note pre-IPO raising

Point of Pay has today released an Executive Summary for the current convertible note pre-IPO raising being conducted by the company.  The Executive Summary accompanies this update.

The key investment highlights are:

  • Raising up to $10 million
  • Note face value $50,000
  • Subscribe for minimum of 1 Note, maximum 200 Notes (subject to availability) – no oversubscriptions
  • Notes in aggregate convert into 100,000,000 shares in BHG on date of readmission – 28.06% (entity value $35,634,466)
  • Existing holders of POP Group will hold 68.34% on date of readmission
  • If $20 million raised in listing Offer, holdings will be: POP Group vendors – 53.36%, Note holders – 21.91%
  • Performance Shares issued to existing holders of POP Group will convert within 2 years of listing if milestone achieved
  • Milestone is a contract that delivers rollout of minimum 150,000 home units and 40,000 merchant units and EBITDA in years 1 to 3 of $5m, $10m and $15m respectively
  • If Performance Shares convert, holdings will be: POP Group vendors – 72.57%, Note holders – 12.89%

To read the full executive summary please download the document below.

Advent Energy to acquire 3D seismic in PEP11, offshore Sydney Basin

MEC Resources has advised that investee entity Advent Energy has commenced preparations for seismic acquisition in PEP11 in the offshore Sydney Basin, offshore NSW.

Advent Energy’s wholly owned subsidiary Asset Energy Pty Ltd, with joint venture partner Bounty Oil and Gas, is intending to perform a 3D seismic survey of approx. 225 km2 in PEP11. Pending the necessary regulatory approvals and contracting of a suitable seismic vessel, the survey is intended to take place over a 4 – 5 week period between November 2014 and May 2015.

The PEP11 joint venture participants are Asset Energy Pty Ltd (85% and operator) and Bounty Oil and Gas NL (15%).

To read the full announcement please download the document below.

Westlake Funding Ltd – CEO Interview

Westlake is a specialist wholesale funder of SME trade finance businesses.

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.

Debtor Finance is a well-established product found in a wide range of industries, particularly manufacturing and wholesale trade, and in recent times has begun gaining traction in other growth industries such as mining services and broader service industries. However the key hurdle faced by the businesses that provide this product is the lack of capital available within Australia to allow businesses to grow at a consistent rate. If these businesses were able to access a reliable source of capital, they could in turn fund more SME’s with the capital they need to operate and grow.

Please listen to Kim Andrews, Chairman.

Capital-raising tool widens the pool of potential investors

Source: On-Market BookBuilds; Written by: Tony Featherstone; Published: June 17, 2014

ASX BookBuild gives resource companies undertaking a placement or IPO an additional tool that optimises price discovery, allows all investors to participate, and improves governance outcomes.

Endorsed by the Association of Mining and Exploration Companies (AMEC), ASX BookBuild is one of the most important financial market innovations in recent years.

This revolutionary capital raising tool allows companies to use the ASX platform to access all interested market participants when undertaking primary placements and IPOs, while also allowing for a priority allocation to cornerstone funds.

The ASX BookBuild facility helps companies promote their IPO or placement to the widest possible audience of local and global investors, secure a larger spread of investors (which is especially important in resource-stock IPOs), and provide a better secondary market profile by allowing any market participant to bid for stock via their nominated broker.

Proven track record

Stavely Minerals recently chose to use the ASX BookBuild facility for its $6 million IPO, in combination with corporate adviser Morgans. Stavely managing director Chris Cairns said: “The main attraction with ASX BookBuild is that any investor could, through any broker, bid for stock in our IPO through the bookbuild process. It’s an effective, democratic capital-raising process.”

Cairns adds: “The downside of only appointing a lead manager for an IPO is the capital raising can become a closed shop, because an investor needs to have an account with the lead manager or another broker associated with the float. You can miss out on investors who cannot gain access to the offer.”

“To its credit, our adviser (Morgans) saw the benefits of using the ASX BookBuild facility to help Stavely provide an opportunity for former Integra Mining shareholders to participate in the IPO, in addition to promoting the offer to its own client base.” Cairns and fellow directors Peter Ironside and Jennifer Murphy helped grow Integra into a 100,000 ounce-a-year producer, and have attracted support for the promising copper/gold explorer Stavely.

Integra’s strong performance helped Stavely exceed its minimum subscription and attract a sufficient shareholder base to meet ASX Listing Rules– a good effort in a challenging capital-raising market for junior miners. Several resource companies have had to abandon their IPOs in the past two years, given the dearth of interest in mining floats.

“In some ways, we were more concerned about achieving a sufficient spread of investors than securing the minimum subscription,” says Cairns. “Using a combination of ASX BookBuild and Morgans was fundamental to our strategy of getting the right spread of investors for the float.”

Cairns expects more mining companies to follow Stavely’s lead and use the ASX BookBuild facility. “There are obvious benefits for companies and investors and also for brokers, who got a 4 per cent stamping fee on the Stavely IPO,” he says. “At the same time, there is resistance to ASX BookBuild among some brokers who see it as anathema to their traditional capital-raising services.”

Broad industry support

Five years in the making, ASX BookBuild was launched in October 2013 with wide support from companies, advisory boards, investor associations, private client advisors, and brokers. And to criticism from some market participants, who have traditionally gained from capital raisings conducted on their spreadsheet, offered to favoured clients first, and not made available to all investors interested in bidding for the stock.

Along with AMEC, the ASX BookBuild facility has been endorsed by the Business Council of Australia (BCA), the Australian Institute of Company Directors, and the Australian Shareholders’ Association.  Former BCA President Tony Shepherd told The Australian in September last year: “It’s a welcome development as it will make capital raisings fairer and more efficient, and takes advantage of the availability of new technology. Anything that makes the equity market more efficient has to be a good thing.”

Boards favour ASX BookBuild because it improves governance in capital raisings. For example, a Chairman of a mining company that elects to use ASX BookBuild can be certain that all eligible investors had the opportunity to bid for stock, that preferential treatment was not given to a small group of investors at the expense of others, that greater competition for its stock ensured optimal price discovery, and that equity was raised at the best possible price.

Brokers are also increasingly supportive of the ASX BookBuild facility. More and more firms are recognising that, far from being a threat, ASX BookBuild is an additional, value-accretive tool that gives brokers (and their clients) access to more active deals. Moreover, it is a tool that is revenue positive since brokers can earn a stamping fee (if offered) and brokerage on deals they participate in.

In March 2014, BBY Stockbroking CEO Arun Maharaj said: “ASX BookBuild has strengthened the competitiveness, transparency and efficiency of the Australian market in raising capital. BookBuild is encouraging unlisted businesses to access Australian capital markets, and more than ever in a tough economy that has an even tougher outlook, this is exactly what Australia needs. BBY fully supports this initiative and we have the resources to provide corporate advisory for companies looking to use the BookBuild system.”

Adding value to explorers and producers alike

Mining companies, too, have much to gain.

Large resource companies that typically use a corporate adviser to raise capital can instruct their lead manager to use ASX BookBuild to access investors across Australia and in key mining markets such as the United Kingdom, Canada and Hong Kong.

ASX BookBuild also has clear benefits for small and mid-size resource companies that struggle to secure support from investment banks or large broking firms – or for those that cannot afford high advisory fees.

Instead of promoting its offer to clients of just one boutique broker, a small resource company can promote its offer to all brokers and investors via the ASX BookBuild facility. As more brokers recommend the offer to clients, there is potential for greater research coverage of the stock. Low analyst coverage of their stock is a problem for many emerging resource companies.

In the best interest of shareholders and clients.

The arrival of the ASX BookBuild facility is particularly timely for the resources sector. In a capital constrained environment, mining companies have the opportunity to get the best results in their capital raising efforts by tapping the entire market, rather than a select group of investors who are clients of one particular broking firm.  Few capital seeking companies can afford to ignore investors who may have bid for stock in a capital raising, if only they had been given the opportunity to participate via the ASX BookBuild facility.

With over $90 million dollars raised since launch in October, ASX BookBuild has made quick progress in proving the benefits.

Tony Featherstone is a former managing editor of Business Review Weekly and Shares magazines. He is a specialist writer on small companies and entrepreneurs for The Age online, The Australian Financial Review and BRW.

Acoustic3D Emergence speaker wins the “Good Design Australia” award

A3D received a “Good Design Australia” award for the Emergence speaker range – beating many others, including Harmon-Kardon, in the hotly contested ‘Consumer Electronics’ category. That ‘form follows function’ – the mantra of the design profession – was evident to all judges who voted for it. Our design looks other-worldly because the sound is ‘out of this world’.

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.

Gold Coast DA Lodged

Indoor Skydive Australia Group Limited (IDZ) facilitates a number of indoor skydiving facilities to cross the region in the next 3-5 years. These facilities allowing human flight within a safe environment are currently used by tourists, enthusiasts and military throughout the world including the Australian Military and active Skydivers.

YPB Group Limited – CEO Interview

YPB plans to IPO on the ASX via a reverse takeover of ASX listed AUV Enterprises Limited, the Prospectus went “live”on June 5th 2014.

YPB means “Excellent Brand Protection” in Chinese. By 2015 the Global Counterfeit market will be US$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 generates up to 90% gross margin on sales.

Please listen to John Houston, CEO and Executive Chairman.

Cloud DC continues to Innovate – OfficeBox now allowing workspace personalisation

Cloud DC continues to innovate with a new feature that now enables the workspace of OfficeBox to be completely personalised with a picture of the end user’s choice. The OfficeBox APP allows the user to choose a picture from whatever hard drive is attached to the device OfficeBox is operating on.

This development by Cloud DC’s own team based at the Innovation Centre on the beautiful Sunshine Coast, is believed to be the first instance in the world that a desktop/workspace environment running on a full elastic cloud platform has the ability to be personalised by the end user on any device at any time and instantly in real time.

To read the full announcement please download the document below.

Nanuk Asset Management announces their performance summary for the fund as at 31 May 2014

The Fund reported a gain of 0.5% in May which has resulted in a 1-year rolling return of 12.1% and a 2-year rolling return of 12.8% p.a.

Despite growing geopolitical political tensions in parts of Europe, Asia and the Middle East most equity indices rose during the month. This was reflected across the Fund’s universe, with solar and Chinese renewable stocks recovering some of the underperformance of recent months.

At month-end the Fund moved to a slightly net short position as we remain cautious about the broad outlook for global equities despite the current attractiveness of some of our longer-term thematic ideas such as the adoption of energy efficient LED lighting.

One of the concepts we have referenced in previous months is the ‘’Industrial Internet’’ and in particular, how ‘’one of the key benefits of the integration of smarter technologies and robust networks is the ability to create energy saving efficiencies and reduce costs’’ (taken from GE’s publication, ‘Industrial Internet: Pushing the Boundaries of Minds and Machines’ which can be found here.) A further article on this topic published by Bloomberg discusses how companies such as Vivint Inc., Nest Labs Inc. and even AT&T are an ever-increasing threat to utility companies, and can be found here.

Please find our Monthly Report – May 2014 attached, and if you require any further information regarding Nanuk, please contact me using the details below.

Regards,

Andrew Kleinig
Head of Sales and Investor Relations

Point of Pay agrees to backdoor listing with ASX:BHG

On 12 June 2014, Point of Pay signed an agreement to backdoor list the shares in Point of Pay into Beauty Health Group Limited (ASX: BHG).  The BHG announcement accompanies this update.

As a first step in the listing process PoP is planning to raise between $7.5m and up to $10m by issuing convertible notes that convert into ordinary listed shares in BHG at 50% of the relisting price.

To read the full announcement please download the document below.

Jim Sammons’ Shark Shield Product Review Video Released

The release of the Jim Sammons Shark Shield Product Review Video in the USA is a good example of smart marketing execution. To understand the significance of this relationship, here are some coverage numbers of this USA Shark Shield promotion; THE WORLD FISHING NETWORK broadcast into 40 million homes+ and 10 million paid subscribers; NBC SPORTS broadcast into 80 million homes; YOUTUBE – 14,000 subscribers and 10 million views; FACEBOOK and TWITTER – 12,000 Facebook Fans, 9,000 Twitter followers. To watch the full review please click on the video below.

SmartWard’s revolutionary technology allowing nurses more time for patient care

Australia’s ageing population and the increase in chronic diseases such as heart disease and diabetes are driving relentless growth in hospital patient numbers.  But with minimal growth in bed numbers medical professionals face pressure to reduce the length of stays, which can lead to reduced quality of care.

Lindsay Bevege – CEO of SmartWard, which has developed an innovative management tool to improve efficiencies in hospital wards, explains the critical issue facing the healthcare system, “Nurse costs are the largest single item in hospital budgets.  Their role is to provide patient care, but over 30% of nurse time is lost in admin and paperwork. This is not only an incredible waste of a highly skilled resource, the distraction of nurses from caring for patients means longer recovery times for patients and longer hospital stays – driving up costs and causing needless suffering”.

Realising much needed efficiencies in hospitals

Smart Ward is a game-changer for hospitals.  It frees up nurse time, automates care and provides decision support. Nurses and clinicians can spend more time with patients instead of paperwork. “Our trials completed with Eastern Health and Epworth Healthcare demonstrated that SmartWard can free-up at least 15-20% of nurse time and probably much more.  This equates to freeing up approximately $16-20,000 per bed per year,” continued Mr Bevege.

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.  “This technology changes the way nurses work – from away-from-bed, to beside the bed.  In the trial, it trebled time spent nurses spent interacting with patients from 8% to 24%”.

Global impact for hospital administrators

The strategic value of the tool to hospital administrators is huge.  “It is well-established in international studies that increasing the time nurses spend with patients reduces errors leading to shorter average lengths of stays in hospitals and fewer patient deaths.  Using these studies, we conservatively estimate that $5m in savings can be realised in an average sized hospital through the shorter lengths of stay alone.  This will increase the throughput of patients and reduce waiting lists,” said Mr Bevege.

The reduced length of stay and saving in nurse time represents the low hanging fruit for the business.  Upside to hospital administrators includes automated care planning, audit trail efficiency, as well as demonstrated compliance with best clinical practices the Federal Government’s new National Safety and Quality Standards.

“The data captured can also be pattern-analysed and formatted for clinical and administrative purposes and to refine patient treatment plans – currently impossible in day-to-day clinical practice.”

Simultaneously beneficial to patients, nurses, doctors and hospital administrators, independent research has shown that health care professionals value SmartWard for its safety and usability.

The financial and human cost of preventable errors is a major issue for the hospital system and for the community as a whole.  SmartWard will reduce these. It also fills a gap in the e-Health agenda being pursued by Governments around the world.

The powerful need creates a major market opportunity and investors have gravitated towards the company.  “With approximately 4 million hospital beds and 10 million aged care beds in the OECD the potential for SmartWard is significant.

“$3 million private investment, $2.25 million in Government grants and significant in-kind investment from two major hospital networks has brought us to this point.  We are very fortunate that we have received further interest since listing with Wholesale Investor”.

Infrastructure Logic Pty Ltd (ISL)- CEO Interview

Market Opportunity

Infrastructure Logic (‘ISL’) is building and operating low-cost public WiFi networks to arbitrage the competitive tension that exist between large telco’s who have built high-cost 4G/3G mobile data networks and smaller mobile operators who purchase capacity on these networks to service their retail customers.

In the US, AT&T aggressively rolled out WiFi infrastructure to benefit customers with access to higher speeds but largely to realise a robust ROI from offloading traffic from their overloaded 4G/3G mobile networks to low-cost WiFi networks. This also relieves the pressure on their national 4G/3G network.

In the Australian market, the major Mobile Network Operators (MNO’s) are investing heavily in new 4G/3G capacity to match competitively match Telstra’s superiority in data reliability and speed. In late May 2014, Telstra announced plans for its own national roll-out of WiFi which is placing further pressure on the other major MNOs and Mobile Virtual Network Operators (MVNOs) to find a competitive response.

ISL Opportunity

The arbitrage opportunity for ISL arises primarily from the growth in smaller telco operators who do not own networks – MVNOs, as well as MNOs that are experiencing capacity constraints in high traffic areas. For smaller operators, the ability to offload mobile traffic to a lower cost network translates to immediate bottom-line profits.

ISL installs small cell technologies, primarily WiFi networks in high-usage/ densely populated areas. It then charges MVNOs and MNOs fees to allow their customers to use the network per megabyte displaced from 4G/3G. End users enjoy significantly faster network speeds available over WiFi and will typically use more data.

The cost of building WiFi networks is relatively small however not all locations are equal in terms of traffic-density and usage. ISL therefore is moving quickly to secure favourable access rights and build out a portfolio of high-traffic locations across Australia and New Zealand.

Please listen to Mevan Jayatilleke , Managing Director.

ENurse – Helping create better nurses for Australia

With over 360,000 nurses and midwifes registered in Australia, nurses are the glue that hold the medical industry together.  Hospitals, clinics, nursing homes, crisis care centres and schools from inner cities to the outback all have persistent demand for trained and available nurses.

The importance of high quality nursing

Nurses spend more time in direct contact with patients than doctors therefore the patient experience is highly influenced by the quality of nursing.  If nurses are skilled, efficient and professional, patients are cared for effectively with patient care is at its highest.

Glen Riverstone, Managing Director of eNurse – a dedicated website servicing the professional needs of nurses and their employers – sees the need for improved support for this critical sector of the Australian workforce “With the heightened demand for health services, a structural and ongoing shortage of highly skilled nurses is evident. The emphasis for medical authorities all over Australia is to ensure nurses progress and are retained over the long term”.

eNurse – An online platform for nurses and their employers

The personal and professional needs of nurses, midwifes and their employers has come into focus with the recent nationalisation of Nurses and Midwives Registration.  This has increased employment opportunity countrywide and also increased the annual professional obligations of nurses and midwives who now have to complete and record a minimum amount of Continuing Professional Development.

This has created its own opportunity for companies like eNurse to service this sector.  “eNurse is  a holistic website for nursing.  It centralises their Professional Development file so they can record training, organise their calendar, as well as record expense and tax information.” said Mr Riverstone outlining the basic functionality.  As well as record their training through the platform, eNurse has partnered with several leading international publishers to bring Professional Development content to the market.

“eNurse has a growing repository of courses to ensure nurses regardless of their location can maintain their professional development obligations.  This body of content is continually growing and provides a valuable resource for nurses.”  With value for nurses, comes value for employers as eNurse provides a central location for a large targeted recruitment field.  “eNurse has an engaged and highly profiled database of nurses, which presents an unrivalled opportunity for recruitment through its dedicated job board”.

Technology as facilitator

eNurse has changed the shape of the industry unlocking previously unrealised efficiencies and nurses have realised the value themselves using the platform, “In under 36 months, eNurse has acquired over 27,000 registered members.  They have conducted training, taken roles and even bought specialised equipment for their job all from our single platform”.

eNurse has not only shown promise to nurses but also to investors. “eNurse is generating a rich profiled database of a niche market within the largest group of professionals that has the largest projected growth in the country.  This is extremely attractive for corporates and investors alike and we have experienced a lot of interest since listing on Wholesale Investor”.

eNurse is established and profitable grossing a total of over $5M in sales in only its third year of operation and can be quietly counted as another Australian technology success story.  But there is still room for growth.  “There are still another 330,000 nurses that are using the old systems and methods.  The aim is to continue growing the database”, said Mr Riverstone. “It is our goal to have every nurse on the platform so it becomes the essential tool for their continued professional career”.

ETRAIN Interactive Pty Ltd CEO Interview

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.

Please listen to Mathew Balic, Managing Director.

State Opposition Leader Calls for Shark Shield Subsidies

Shark culling in Western Australia has created a media storm around the world, generating comments from the likes of Sir Richard Branson. The debate is driving a global increase in education and awareness of the alternative solution’s such as Shark Shield’s scientifically proven and independently tested electronic shark deterrents. With the Western Australian State Opposition Leader recommending the broad adoption of the technology, and supported by shark attack survivor Elyse Frankcom, who opposes the Western Australian catch-and-kill policy, Shark Shield’s future is assured.

To see the full story please click on the video below.

Smart Send – Promising to deliver on the growth of ecommerce

The courier and freight industry is highly competitive.  The simple act of shipping parcels and packaged goods from one location to another requires immense infrastructure to facilitate this efficiently.  The high costs involved have discouraged major couriers and freight companies to servicing low volume users.

However, aggregators are increasingly grouping the demands of these users.  Smart Send is a leading freight aggregator with a high volume of freight movements nationwide.  “Over the past eight years we have built relationships with each of the major service providers such as Toll, Couriers Please, TNT and others…” said Managing Director of Smart Send, Steven Visic. “We are a trusted, reliable service provider that can secure major discounts for customers, customers that previously couldn’t efficiently use courier services”

Ecommerce – the industry changer

Ecommerce has become the fastest growing area in express parcel services as they require consistent speed and reliability.  IBISWorld identified the online shopping industry in Australia to be worth $12.4BN in 2013 increasing to $19.8BN in 2018/19.

For online retailers, the industry is the crucial last step in the sale process, with online stores relying on couriers to deliver purchases to customers. The goods sent by these markets are often small in size but high value, introducing a new set of service requirements for the industry to fulfil.

Now with the emergence of ecommerce, traditional logistics companies are having to reinvent themselves.  As this industry is inherently fragmented and price sensitive there is a requirement for smart technologies to identify the best prices for shipping in order to convert more customers.

Smart Send was the first ‘online courier’ in the Australian internet age starting in 2006 and continues to lead innovation in the online sector.  Mr Visic spoke of the company’s technological advantage, “This first mover benefit has created an ongoing advantage as we have sought to remain industry leading with the development of the new Smart Send ‘Smart API’”.

The Smart Send ‘Smart API’ solution

“Smart Send offers a unique, easy to integrate solution which provides merchants with the ability to display ‘real time’ freight quotes in their website checkouts, along with an easy automated process for the seller to book the goods with Smart Send for pickup,” continued Mr Visic.

The ‘Smart API’ allows real time quotes in websites, an automated booking process and real-time tracking.  The solution can be easily integrated to online website checkouts or shopping carts, providing Smart Send with exposure to the growing ecommerce market.

A secure long term outlook

Smart Send has cemented its place in the industry with a growing $2.4m turnover and bookings growing at a current rate of over 60% per month over the previous year’s monthly bookings.  With the Smart Send ‘Smart API’ this represents a potential paradigm shift in demand.

The ‘Smart API’ is offered free of charge to ensure the highest visibility.  By integrating itself into the booking process on website checkouts Smart Send is anticipating increased booking volumes, a higher rate of growth in shipments, as well as exposure to emerging international markets in the near future.

“We have spent the past 18 months with PwC to create a long term business plan and financial plan for this new growth strategy, and the numbers indicate this is high growth, high potential direction for us” said Mr Visic.  Smart Send’s positioning has shown to be attractive for corporates and investors with interest shown through both the PwC and Wholesale Investor networks to date.

Smart Send with its strategic solutions and alliances has created a strong brand that promises to deliver on the growth of the ecommerce industry.

RAW Alpha Systematic Fund I – May 2014 Monthly Report

The Fund posted a loss of 1.11% in May as profits in Equities were insufficient to offset losses in Grains and Soft Commodities.

The System trimmed positions in Corn and Wheat after those markets declined, but the main driver of performance was Coffee, which posted losses in both the Robusta and Arabica contracts.

Within Equity markets, tilts towards Hong Kong and India led the way, with the bulk of the remaining countries also posting gains. Elsewhere, gains in Fixed Income were able to offset losses in Currencies, while Volatility and Property markets provided gains as well.

The Fund enters June with a diversified mix of investments across all Asset Classes, with slightly less directional risk than the last month.

To read the full report please download the document below.

PRM signs strategic alliance with Air Energi

PRM Cloud Solutions Ltd (PRM) has recently signed a strategic alliance with UK-based Air Energi Group that highlights the attractiveness of its cloud based Enverro workforce management application.

EnverroTM is PRM’s cloud-based workforce management application designed for the resources sector. Asset owners, EPC/Ms and sub-contractors alike can track individuals through the mobilisation process, arrange transportation, on-site accommodation and monitor health and safety compliance from a centralised, mobile interface.

Air Energi will use Enverro for its mobility operations and will assist with its introduction and marketing to its customer base in the Asia Pacific.

“PRM has filled a huge gap in the IT marketplace where tracking and analysing capital-intensive resources projects are concerned,” Air Energi Australasia vice president Matt Smith said.

“By adding the Enverro application to our mobility operations, we gain visibility into the full workforce mobilisation process.”

ISL Seed Round closing on Wednesday 18th June 2014

ISL has been talking to carriers for a period of 18 months,  and it would be fair to say that whilst there has been a strong interest in understanding the impact that small cell WiFi is having on the mobile carrier market in the US and Europe and hearing about how WiFi might play out in the Australian context,  there has not been a strong sense of urgency.

The recent announcements by Telstra has changed the game.   Carriers that ISL has been talking to for months now have a sense of urgency resulting in ISL signing of its first two carrier contracts in the last week.

Consequently,  ISL is now shifting its focus to accelerating its rollout plan.

Accordingly we are accelerating ISL’s capital raising plans to focus on a ‘growth round’ of $5m-$6m to fund the national rollout of ISL’s WiFi platform  (noting that balance of the capital cost of this program will be meet from operating revenues that grow progressively as the network expands).

We will therefore closing off the seed round as of Wednesday 11th June 2014 to focus on the Growth Round raising and the pricing discount that ISL is currently offering to Seed Round investors will no longer be available.

Nanuk Asset Management announces their performance summary for the fund as at 30 April 2014

The Fund reported a loss of 2.9% in April, which has resulted in a 1-year rolling return of 17.1% with a corresponding 1-year volatility of 11.0%.

April saw disparate returns for equities across geographies and sectors. Technology stocks fared poorly and the LED, solar and Chinese renewable energy sectors all fell during the month. Long positions in these sectors were the main contributors to the Fund’s negative performance for the month.

While exposure levels to these sectors were adjusted during the month, the attached monthly investor letter offers further insight into why we believe these sectors provide compelling opportunities in the short and longer term.

The Fund did profit from positions within these sectors and from stocks related to the longer term theme of vehicle electrification. Notable gains made from long positions in West Holdings (a Japanese solar system integrator), Chaowei Power (a Chinese manufacturer of e-bike batteries) and again from Maxwell Technologies (a US ultra-capacitor manufacturer).

Finally, a topic that we have discussed in previous investor letters is our belief that the world is on the verge of dramatic changes as a result of resource constraints and the commercialisation of new technologies, and that this revolution will be less and less reliant on any regulatory assistance. An article that discusses this topic, as well as addressing some of the myths and realities of clean technology, has been produced by McKinsey & Company and can be found here. For those of you that may be interested in delving deeper into the topic McKinsey have also recently published a book titled ‘Resource Revolution: How to Capture the Biggest Business Opportunity in a Century’, the details of which can be found here.

If you require any further information regarding Nanuk, please contact me using the details below.

Regards

Andrew Kleinig

Head of Sales and Investor Relations

Nanuk Asset Management announces their performance summary for the fund as at 31 March 2014

The Fund reported a loss of 0.7% in March, which has resulted in a 1-year rolling return of 24.3% with a corresponding 1-year volatility of 10.1%.

Despite our continued belief in the Chinese government’s long-term commitment to renewable energy, Chinese wind and US-listed Chinese solar stocks under-performed in March and our long positions in these sectors were the main contributors to the Fund’s negative performance for the month. However, the Fund did benefit from its positions across companies such as China Singyes (Chinese solar developer), Waison Group (manufacturer of smart meters in China) and Maxwell Technologies (a US ultra-capacitor manufacturer with significant exposure to hybrid buses and wind turbines in China).

We continue to see opportunities across the value chain in LED technology for general lighting applications. This was exemplified in March by Epistar (a leading Taiwanese chip manufacturer) who reported year-on-year sales growth of 38%.

For some further thoughts on developments in hybrid and electric technology in cars as well as some exciting progress in thin film solar technology, please read our attached Monthly Report – March 2014.

If you require any further information regarding Nanuk, please contact me using the details below.

Regards,
Andrew Kleinig

Head of Sales and Investor Relations

Nanuk Asset Management announces their performance summary for the fund as at 28 February 2014

The Fund reported a loss of -1.5% in February, its first monthly loss since July 2013. This has resulted in a 1-year rolling return of 25.1% with a corresponding 1-year volatility of 9.9%

Despite ending the month positive on the long book, the Fund’s overall negative performance in February was driven by our continuing overweight exposure to Asian markets and slight underweight exposure to the US market, in addition to losses on the short book across both stock-specific and hedging shorts.   We continue, however, to maintain a high level of conviction in Asia, particularly across those Hong Kong-listed Chinese stocks within renewable energy, natural gas, water treatment and pollution control involved in rectifying China’s serious environmental challenges.

For a more detailed review of the Fund, and some additional comments on the Fund’s use of short positions, please see the attached Monthly Report – February 2014.

Another piece of news we wish to share is that the Fund has recently been renamed the Nanuk Global Alpha Fund.

The reasons for this are twofold. First and foremost, we believe the Nanuk Global Alpha Fund more accurately reflects the performance objective of the strategy, which is to generate alpha for our investors. Secondly, we believe it better reflects the steady growth of our investable universe from an initial relatively narrow clean energy focus to the much wider, more diverse array of companies that we now cover, which, in addition to clean energy and energy efficiency related stocks, now includes companies involved, both directly and indirectly, in water, waste and pollution, agriculture and advanced materials.

Given the change of the Fund’s name, it is worth taking a look back at how our themes and investment universe have evolved over time. When we launched our business in 2009 we assembled a universe of stocks positively exposed to a number of long-term drivers we saw as impacting the world at the time. These drivers, or mega-trends as they were often referred to then, were centred around environmental sustainability – the concept that increasing populations, economic growth, the rise in living standards and increasing urbanisation are placing immense pressure on available finite resources, causing serious pollution problems and contributing to climate change. Our thesis was (and remains) that these factors are transforming a number of the largest and most important sectors in the global economy – in particular, energy, water and agriculture – and that companies exposed to this change will undergo great changes themselves, providing an excellent investment opportunity for those with a superior focus, knowledge and understanding of the complex technological, regulatory and commercial environment those changes create.

We focused the selection of our initial investment universe around energy, the sector most impacted by the trends identified and presenting the largest set of tractable companies to examine. Our initial universe in 2009 carried a heavy emphasis on renewable energy and consisted of a little over 200 stocks with an aggregate market capitalisation of about US$400 billion, split roughly equally between North America, Europe and Asia. From there we looked further up and down the renewable energy supply chain at companies that, while not pure-plays, had a meaningful level of exposure to the themes we were following such that our knowledge and insight could contribute to investment outperformance. We quickly broadened our focus to reflect the transformation taking place across the entire energy industry, adding companies exposed to the transition to natural gas as a cleaner alternative to coal, gas and oil based fuels and those developing solutions to improve energy efficiency including in particular a large number of companies exposed to LED lighting. Other new themes added during this time included motor vehicle electrification, suppliers to a growing, more robust and smarter electrical grid and suppliers of advanced materials such as carbon fiber used to improve aerospace and automotive fuel efficiency. By the start of 2013, our investable universe had grown to a total market capitalisation of over US$1 trillion. While some of the expansion was iterative, much of it was organic, reflecting the role that innovation and investment in R&D has played in allowing technologies to achieve cost parity, opening up the vast un-subsidised markets and driving new business models.

In 2013 we notified shareholders of our intention to include water, waste, recycling, pollution control and agriculture in our investment universe. This was a logical move. While the themes are different, the drivers are generally the same – those regions implementing changes within their energy industry are more often than not experiencing similar pressures in these other areas. We are now investing across a universe of close to 600 stocks with an aggregate market capitalisation approaching US$2 trillion.

Reflecting on the universe we are struck by how much it has changed. Over the past 12-24 months in particular we’ve seen the emergence of trends we probably could not have contemplated when we started the business four years ago. For example, the largest solar company in our investment universe by market capitalisation, SolarCity Corp (market capitalisation over US$7 billion), neither makes modules nor builds large-scale projects, but is essentially a financier of residential rooftop systems, capitalising on the distributed generation revolution taking place across parts of America. We expect these changes to continue. Indeed we see the convergence of advanced software enabled industrial innovation with resource sustainability as one of the important next steps in this evolution. A recent addition, Trimble Navigation Limited, provides another good example of this. Trimble provides GPS based products designed to maximise productivity and efficiency for the construction, mining and agriculture industries. Its core products are incorporated in farm machinery to allow precision planting and harvesting using pre-programmed auto pilot steering, optimising fuel, seed and water use. Its GPS based products are now used in resources extraction and construction, where unmanned aircraft supply geospatial data used in the design phase of major projects. This data is then incorporated with GPS enabled equipment during the construction process, particularly for large-scale civil works, to improve fuel efficiency and conserve materials.

In our view there’s no question that continued innovation, and the business models it creates, will be a far more potent force than subsidies have been in driving greater the adoption of environmentally sustainable and resource efficient technologies. While there’s never been any shortage of interesting companies in our investment universe throughout the history of the Fund, we expect that it just keeps getting more interesting and diverse from here.

A paper more fully detailing the evolution of our universe is attached but should you require any further information regarding Nanuk, please contact me using the details below.

 

Regards,

Andrew Kleinig

Head of Sales and Investor Relations

Bold Kiwi colour company poised to paint the world

Source: Business Scoop; Published: Wednesday, 4th June 2014

drikolor Founding Director, Rachel Lacy, wants to change the way the world colours paint, and shes well on the way with the company recently completing one of the fastest investment rounds in recent times. Bold Kiwi colour company poised to paint the world with fastest capital raising in recent times.

· Capital raising round closes in just ten days with backing from Arc Angels member and past investors

· Global opportunities present as leaders in paint world take notice

· Female-led company gets ready to manufacture locally

drikolor® Founding Director, Rachel Lacy, wants to change the way the world colours paint, and she’s well on the way with the company recently completing one of the fastest investment rounds in recent times.

In just 18 months drikolor® has transformed from a start-up with a disruptive technology, to one that has 10 employees, global partners, and a New Zealand-based commercial manufacturing facility readying to open.

The innovative process proprietary to drikolor® delivers colour in a dry, granulated form that can be stirred into paint. Rachel Lacy says it’s as simple as stirring sugar into coffee.

“By simply changing the form of a product you can completely change the way you can sell it, who you sell it to, and how it’s distributed. It’s a world first that lets new retailers get into the paint business, but best of all, anyone can use it.”

Global partners already secured include Les Couleurs Suisse AG, through which drikolor® has the exclusive New Zealand and Australian rights to sell colours from the Les Corbusier Colour Range, recognized worldwide by architects as the pinnacle in colour design.

The company also attracted the attention of Sto, a billion-euro turnover premium paint company, and will be selling Stopaints throughout Australasia.

“Paint companies understand drikolor’s® potential. The current system of using liquid colourants and a tinting wheel is complex, noisy, messy and unreliable. It also requires capital expenditure, trained staff and large retail space with customers experiencing lengthy waiting times for inevitable mistints. Our solution eliminates these problems, while enabling new channels to enter the decorative paint market,which is worth US$50billion globally.”

The latest capital raising has accelerated the company’s growth to help achieve these milestones.

It was backed by past investors who reinvested and a member of Arc Angels, a new New Zealand angel investment organisation that mobilises investment in female-managed business.

Rachel Lacy says drikolor® looked to raise $750,000 in this latest round and understands it to be one of the fastest capital raisings in recent times.

“We were thrilled when we closed the round after ten days, at 133% over subscribed. Arc Angels has a fantastic network of investors and we obviously hit the right note with them.”

Arc Angels Executive Director, Alex Mercer, said part of drikolor’s® appeal is because it is managed and designed by a woman who has tremendous experience in the paint industry.

“The fact that drikolor a new product with few competitors, and are manufacturing locally with enormous potential offshore, all help make it a compelling business to invest in.”

drikolor® is using the latest investment to fast-track its manufacturing plans in New Zealand in record time, and lock in valuable patents.

Managing Director Craig Reid and Rachel Lacy recently returned from the UK, USA and Asia where they met with leaders in the global paint industry. Rachel Lacy says these senior executives were united in their feedback.

“All had interest in drikolor® as we appear to be the only company in the world with this type of technology right now. Through it we are able to control the supply chain from raw material to the end customer.

Interest in drikolor’s® technology from local paint and concrete industries is strong. It allows the ability to change the form in which colour comes, from liquid to dry pigment, creating endless possibilities for a range of industries. The ability to buy colour separately from a base paint, distribute it directly online, or collaborate with high profile interior or fashion designer to develop a colour palette unique to them are just some of the uses for this proprietary technology.

Rachel Lacy says the accelerated growth helped by the recent funding round means drikolor® is well on track to reach its goals.

“We are a Kiwi technology company that’s commercialising very quickly. We’re aiming to be in a range of stores in New Zealand and Australia by Septemberthis year. While we’re focused on achieving our business goals, at the heart of our company we are a collaboration of experts who simply want to change the way the world colours paint.”

Connexion Media takes on the world

Source: Go Auto; Published: Friday, 30th May 2014

Connexion Media takes on the world – High-tech Melbourne company taps massive global automotive data market

MELBOURNE-BASED Connexion Media, which has signed a global deal to provide its Internet-based radio service to General Motors, is now setting its sights on an automotive data analytics market that could be worth $24 billion by 2025.

The company will unveil new products when it attends the Telematics Detroit conference next week.

Connexion’s main product, the miRoamer internet-based FM and AM radio service, has already been selected as one of two such applications to be offered by General Motors in the US and Europe from 2015, and is currently undergoing rigorous certification and compliance testing.

One of the new Connexion products will capture data from the many sensors on a vehicle, allowing the company to analyse the collected data and sell different products to interested parties such as franchised dealers, insurance companies and road safety authorities.

The data can be transmitted to Connexion’s data storage centre whenever the vehicle is connected to the Internet. And, with miRoamer installed in the car, that is likely to be most of the time the car is in use.

“Data analytics is a big, blue-sky area because, as more vehicles are connected to the Internet, the developers of apps can gain access to a lot of in-vehicle data that we could not access before,” Connexion Media chief executive George Parthimos told GoAuto this week.

“We can capture up to 80 streams of data coming off the CAN bus (controller area network bus) in real time. That includes oil pressure, tyre pressures and all sorts of diagnostic information and things like whether a convertible is open or closed and what the ambient temperature is outside the car.

“That can all be fed into a central database that we can then use to provide very targeted advertising based on the vehicle and the environment.

“And we can also package it up and on-sell it to third parties who are interested in buying real-time data.”

Mr Parthimos is quick to add that this would all be subject to the approval of the vehicle owner, who would have to opt in to allow use of the data, which would be randomised and not specific to the driver.

“An insurance company would now be able to find out, in real time, how a Holden Astra owner drives in Melbourne, as opposed to Sydney. That information would give the insurer more data with which to set premiums for Holden Astras.”

Mr Parthimos said privacy laws would prevent Connexion giving the name of the driver and, therefore, an insurance company would not be able to adjust the premium to take account of a driver’s behavior.

Similarly, he said data about the performance of a particular vehicle, like whether it has a tendency to lose traction at the front or lock its back brakes or whether its door locks fail regularly, was unlikely to be collected as manufacturers are unlikely to approve.

“This data analytics is going to evolve over the next five years and we have a product (miRoamer) that can capture and provide reporting on that vehicle usage.”

Mr Parthimos said that, while existing GPS systems could also serve as a communications link for carrying data, the weakness is that drivers do not use GPS every time they drive whereas they use the radio almost every time they drive.

“If this (miRoamer) is running every day, we are generating real time, live data every day. So the accuracy of that data is going to be far, far better than a satellite navigation-based data collection system.”

“What’s going to happen now in the connected car space is that vehicle diagnostics is going to become pro-active, where the vehicle will notify the dealership that there is a problem with the car. And potentially book a service.”

He contrasted this with the current situation of a driver seeing a red light come on in the dashboard and, in some cases, just ignoring it and keeping on driving.

Mr Parthimos said there were three ways that a car could be connected to the Internet.

The first was with an embedded SIM card. This will be compulsory for all cars made or sold in Europe from 2015, when it will be mandatory for all new vehicles to be able to alert safety authorities when it is immobilised in a crash.

GM had decided to embed a SIM card in most of its 2015 range in the US and it will also meet the European requirements.

The other method is called “bring your own device”, where the driver carries a mobile phone or a tablet computer into the vehicle. This device then links up to the car with Bluetooth or a cable and communicates over the Internet through the device.

Several companies are doing this already, including GM’s MyLink and Ford’s Sync, while Toyota is using the RACV’s Connect service, which is suitable for iOS and Android phones.

Mr Parthimos said that estimates by the GSM Association, which represents global mobile telephone companies, indicate that the number of cars connected to the Internet will reach 140 million by 2018 and 600 million by 2025, after which time all new vehicles will be connected.

The value of the services component of this market has been pitched at $24.5 billion, he said.

At the Telematics Detroit conference, Connexion will also be touting its Transcoding Media Service, which improves the quality of service of streaming media in the car and reduces the cost of data usage.

“One of the biggest challenges that auto makers have today is that, when you are on the Internet, the switching between mobile phone towers means the quality of service sometimes becomes a bit dodgey.

“Our solution shrinks the data usage of Internet radio services. What that means is it works on crappy networks and it is cheaper to run.”

He says it’s not quite a compression service.

“It’s like a funnel. You have a pile of data coming in, but our software changes it so that a thin, steady stream of data comes out the other end.”

“It minimizes signal drop-outs for live media streaming,” Mr Parthimos said.

And it has attracted the attention of some people in Detroit.

“We have a lot of interest from auto makers to explore it. All the major auto makers want to come and see us next week in Detroit.”

Importantly for backseat passengers, the Transcoding Media Service will be applicable to video streaming.

Mr Parthimos will not be going to Detroit because he has to stay in Australia to finalise plans to list Connexion Media on the Australian Stock Exchange. The company is awaiting final approval of its prospectus from the Australian Securities and Investments Commission.

Lamb busts through 20,000t mark

Source: Stock Journal; Published: Wednesday, 4 June 2014

AUSTRALIAN lamb exports in May surpassed the 20,000 tonne mark for the third time on record – dominated by shipments to the United States and China.

Meat and Livestock Australia chief economist Tim McRae said the 20,528t (shipped weight) was up 3 per cent year-on-year and 27pc higher than the five-year average.

This historically high level is now the second highest monthly lamb export volume on record, after October 2013.

Mr McRae said May shipments were largely underpinned by a 9pc year-on-year increase to China (3854t) and a 12pc year-on-year increase to the US (3659t).

Volumes to the UK experienced a 50pc increase in May compared to last year, at 1062t, while demand from Japan continued to strengthen with exports up 20pc year-on-year, at 1165t.

Although smaller export markets, Mr McRae said Korea and Canada had both shown considerable growth in demand for Australian lamb over the past five years.

He said shipments to Korea during May have not only increased 92pc year-on-year, but tripled the five-year average, at 648t.

Volumes to Canada totalled 588t during the month – 23pc higher than the corresponding month last year, and 57pc higher than the five-year average for May.

On the other hand, Mr McRae said lamb shipments to the Middle East and South East Asia during May experienced 12pc and 20pc year-on-year declines, to 5241t and 950t, respectively.

Australian mutton exports during May came to 13,059t – down 23pc year-on-year.

Volumes to the Middle East (3711t) and China (3309t) were back 14pc and 42pc, respectively, while shipments to South East Asia (2262t) lifted 12pc on the corresponding month last year.

Chinese anti-counterfeiting company set for backdoor listing

Source: Australian Financial Review; Published: Monday, 2nd June 2014

AUV Enterprises Limited is set for a backdoor listing through the shell company Australis Mining Corporation, a former sapphire miner that failed and was de-registered in April 2010. AUV Enterprises will act as the Australian parent of Hong Kong-based, China-focused anti-counterfeiting company YPB Systems.

YPB is an acronym for “You Pin Bao”, which means “Excellent Brand Protection”. The company, founded by Australian entrepreneur John Houston in 2000, sells security tracers and scanner software to business and government agency clients in China wanting to protect their brand against counterfeiting.

Mr Houston said YPB’s patented fluorescence technology gives it an edge as counterfeiters become better at copying holograms and anti-tamper seals. The YPB anti-counterfeit system can be added to products or packaging at a cost of less than one-tenth of US1¢ per item. Near-term growth plans centre on the planned roll-out of consumer Apple and Android smartphone apps in the second half of 2014.

“The apps will be marketed to Chinese consumers who want to protect themselves from lower-quality counterfeit product,” Mr Houston said.

YPB is one of 75 companies licensed to provide anti-counterfeiting solutions in China. Since inception, the company has operated at a loss. Its most valuable assets are the patented technology it purchased from a Chinese university research unit.

The company has no plans to distribute dividends in the foreseeable future as it focuses on reinvesting any available cash in growth.

As an ASX-listed company operating in China, reported earnings will be subject to fluctuations in the exchange rate between the Australian dollar and China’s renminbi.

Robert Whitten of accounting firm William Buck was appointed independent chairman of the company formerly known as Australis Mining Corporation about 18 months ago after it came out of a deed-of-company arrangement and brokered the deal with YPB to form AUV.

Mr Houston will assume the role of AUV Enterprises executive chairman post-listing and control between 53 per cent and 62 per cent of the stock.

The initial public offering to raise a minimum of $3 million to a maximum of $6 million through an issue of up to 30 million shares priced at 20¢ each is scheduled for July 11. The offer is due to open on June 5 and close on June 30.

If the full subscription is reached, the company will have a market capitalisation of $22.6 million when it debuts, with net assets of $16.6 million, net liabilities of $1.4 million and $13.2 million in equity. Boutique Sydney-based firm KS Capital is acting as corporate adviser on the deal.

Gasan Investments takes a stake in ISL

ISL is pleased to announce an investment by Gasan Investments led by David Gasan.  The Gasan Group has extensive interests in telecoms in Central and Eastern Europe and has been following developments in small cell wifi infrastructure market in Europe and the US.


ABOUT ISL:

Infrastructure Logic (‘ISL’) is building and operating low-cost public WiFi networks to arbitrage the competitive tension that exist between large telco’s who have built high-cost 4G/3G mobile data networks and smaller mobile operators who purchase capacity on these networks to service their retail customers.

The arbitrage opportunity for ISL arises primarily from the growth in smaller telco operators who do not own networks – MVNOs, as well as MNOs that are experiencing capacity constraints in high traffic areas. For smaller operators, the ability to offload mobile traffic to a lower cost network translates to immediate bottom-line profits.

ISL installs small cell technologies, primarily WiFi networks in high-usage/ densely populated areas. It then charges MVNOs and MNOs fees to allow their customers to use the network per megabyte displaced from 4G/3G. End users enjoy significantly faster network speeds available over WiFi and will typically use more data.

SmartWard Selects AdaCore Tools for Hospital Information System Development

Source: Market Watch; Published: Wednesday, 28th June 2014

SmartWard Pty Ltd Selects AdaCore Tools for Hospital Information System Development

Conference — AdaCore today announced the adoption of its GNAT Pro Ada Development Environment and CodePeer static analysis tool by the Australian healthcare informatics company SmartWard Pty Ltd for use in implementing its state-of-the-art patient care management system. The SmartWard system needs to be highly reliable and secure from unauthorized access, it has to provide real-time response and 24×7 availability, and it also must be easy to use by hospital staff. After evaluating alternative potential approaches, the company selected the Ada language and AdaCore software development tools as the best solution for meeting these requirements.

The SmartWard system replaces a paper-based, manual approach that is time-consuming and error prone. It runs on computers at each patient bedside and at all other points-of-care, providing up-to-date information on scheduled activities, patient alerts and vital signs and allowing real time entry of treatment records. It presents patient histories in user-friendly charts with decision support data, and validates medication and patient identity automatically via smart sensors.

With its long history of successful usage for many types of safety-critical and high-security software, Ada was chosen as the implementation language for the SmartWard system. Many errors that would only be detected through significant debugging effort in other languages are caught at compile time in Ada, and features such as Ada 2012’s contract-based programming help embed low-level requirements into the source program as assertions that can be checked at run time or verified statically.

AdaCore’s GNAT Pro development environment, along with several complementary tools, is being used to implement the SmartWard software. With its sophisticated data- and control-flow analysis, the CodePeer automated code review and validation tool helps in identifying potential logic errors, including “off by 1” bugs in loops and other more subtle problems. CodePeer’s static analysis can be conducted both during a system’s initial development, and also retrospectively to find potential vulnerabilities in existing code. Another AdaCore tool that is proving useful to SmartWard is the Ada Web Server (AWS) . Its web-socket implementation is being used for communication between the SmartWard system’s front-end and back-end.

“Different language technologies have different strengths,” said Cyrille Comar, AdaCore Managing Director. “Ada was specifically designed for systems where the concept of a ‘fatal error’ may be literally true, and we’re pleased to see Ada adopted for medical applications such as SmartWard where reliability, safety and security are so critical.”

“The use of Ada has helped us significantly in instilling a safety culture within our company,” said Dr. Malte Stien, CTO of SmartWard. “We see Ada as a competitive advantage in our market, and the use of the language is a selling point for our product.”

About GNAT Pro

GNAT Pro is a robust and flexible Ada development environment. It includes professional-grade tools, unmatched product support and expert Ada advice designed to allow development teams to take full advantage of the benefits Ada offers, and ensure a smooth, cost-effective development process.

About AdaCore

Founded in 1994, AdaCore is the leading provider of commercial software solutions for Ada, a state-of-the-art programming language designed for large, long-lived applications where safety, security, and reliability are critical. AdaCore’s flagship product is the open source GNAT Pro development environment, which comes with expert on-line support and is available on more platforms than any other Ada technology. AdaCore has an extensive world-wide customer base; see http://www.adacore.com/customers/ for further information.

Ada and GNAT Pro are seeing a growing usage in high-integrity and safety-certified applications, including space-based systems, commercial aircraft avionics, military systems, air traffic management/control, railroad systems, and medical devices, and in security-sensitive domains, such as financial services. The SPARK Pro toolset, available from AdaCore, is especially useful in such contexts.

AdaCore has North American headquarters in New York and European headquarters in Paris.  http://www.adacore.com

About SmartWard Pty Ltd

SmartWard is an innovative health informatics company founded in 2009. It has worked closely with nurses and hospitals since then to develop a unique new system that delivers much-needed improvements in the efficiency of hospitals and aged care facilities, while improving quality-of-care. SmartWard is now commercializing this system.

A clinical trial completed in 2013 has proven the SmartWard proposition. It showed that SmartWard allowed the nursing staff to double the amount of time they were able to spend with their patients, by completely replacing the paper-based system with digitized records and by moving the record access/update site from the nurses’ workstation to the patient’s bedside. SmartWard also reduced the time for the shift handover while improving the accuracy of the provided care.

SmartWard’s computer program may prove to be a life and cost saver

Source: Brisbane Times; Published: Monday, 25th May 2014

Canberran’s computer program may prove to be a life and cost saver

A hospital computer system invented by a Canberra man is helping cut down on paperwork and letting nurses spend more time with patients, with a successful trial of the IT system finding it could potentially save lives and millions of dollars.

Matt Darling’s invention SmartWard has just been successfully trialled in Victoria, with results from a clinical trial released on Monday finding the program tripled the amount of time nurses spent interacting with patients while halving the time spent on documentation.

SmartWard is run on small computers at a patient’s bedside and other points of care, allowing nurses to continually update information in real time. The system uses “smart sensors” to validate medication and track staff and equipment so they be found quickly in emergencies.

Mr Darling, who was born in Canberra and lives in O’Connor, developed the IT system after the death of his daughter in 2008 and his experience and observations of acute care in a hospital ward.

“I was amazed by the huge amount of time which was being spent on admin,” he said.

“From my point of view, and in talking to staff, they were actually overwhelmingly unhappy about the situation. Their view was that they signed up for what is a very difficult job with a view to helping people and to find themselves chasing and filling in bits of paper all day, from their perspective, at the expense of patients, rather than for their good, was a huge problem.”

Under the Victorian trial of SmartWard, the time nurses spent on documentation decreased from 15.7 per cent to 6.4 per cent while their interaction with patients increased from 7.95 per cent to 23.6 per cent. With SmartWard, 61 per cent of nurses did their documentation at a patient’s bedside rather than later, compared with just 24.8 per cent previously.

The trial was the culmination of a three-year research collaboration between Deakin University, RMIT University, Eastern Health, Epworth HealthCare and SmartWard.

An analysis of the Victorian trial estimates that by increasing the time nurses spent with patients, SmartWard could save a 600-bed hospital between $4.2 million and $5.7 million a year just through reduced length of stays. It is also predicted it has the capacity to save lives through nurse time reallocation.

Mr Darling said the staff who took part in the trial also reported the IT system had allowed them to deliver the care for which they were trained. He said SmartWard also allowed for more accurate record-keeping because a patient’s file could be updated at the bedside and in real time.

“I think this is going to be a huge reduction in the amount of admin that healthcare professionals are required to do and it will increase the amount of time that can be spent with patients, which is going to translate into better outcomes,” he said.

Alfred Deakin professor Mari Botti, chairwoman in nursing at the Epworth/Deakin Centre for Clinical Nursing Research and principal investigator of the trial, said the trial results showed the enormous potential of the technology.

“I think what’s exciting about SmartWard is that nurses do find the technology highly acceptable and they can use it and it fits well with the way they work,” she said.

“The trial found nursing activities became focused at the bedside, rather than in other places in the ward, in particular, in the nurses’ station, so they’re spending more time with the patients doing tasks with them and documenting care and, as a consequence, they’re spending more time interacting with patients.”

Nurses in the trial also reported the system reduced interruptions and the need to multitask, which both have the potential to increase the risk of error and missed care. Nurses also reported increased compliance with clinical care guidelines and that they no longer had to search for documents because the electronic records were always available, making it easy to access information and improve clinical decision making.

International studies show increasing the time nurses spend with patients delivers improved patient outcomes, such as reduced hospital stays and incidence of complications.

The success of the Victorian trial has led some hospitals to start planning to use SmartWard.

Mr Darling is in advanced negotiations with a large company with national reach to enable the program to be introduced across the country.

5th Element Ltd – CEO Interview

5th Element Ltd has developed a superior robotic (“bionic”) prosthetic hand to better enable amputees to resume their lives with confidence, dignity, and in comfort.

Designed specifically to meet the challenges faced by amputees, the 5EL Hand delivers superior reliability, dexterity, endurance, and comfort over existing prosthetic devices.

These benefits are realised through the unique ability of the 5EL hand to flex, which is enabled by a revolutionary design feature – the Metacarpal Plate (Patent applied for).

The ability of the 5EL Hand to deliver very real advantages have been recognised by leading international prosthetic clinicians

The 5EL Hand is in the detailed design stage and will be ready for commercialisation in Q4 2014.

Please listen to Romi Patel, CEO.

Wholesale Investor National Investor Sentiment Survey FY14 Q4

Australia’s largest investment platform, Wholesale Investor, has released the latest results of the National Investor Sentiment Survey for FY14 Q4. The survey was conducted online over a one month period on the Wholesale Investor registered database of 9,300 private investors, professional investors, CEOs, entrepreneurs and industry participants. To ensure honest feedback from respondents, the survey was conducted anonymously.

“The survey covers a range of topics and issues, and assists to better understand the general sentiment of investors in the current investment environment. It reveals that investors think that now is a great time to invest, have more money and also agreed that a ‘Too Optimistic Valuation’ discourages them from investing.” said Managing Director Steve Torso.

CONDUCTED KEY POINTS:

  • 86% of investors describe their view on current investment environment as an OK or Good time to invest
  • Investors have been actively investing – The Wholesale Investor network has been active with 70% investing into an opportunity in the last 6 months, with investments in Private & Small Cap Listed Companies benefiting
  • Private Companies are still preferred with 57% of investors seeking these types of opportunities compared to 54% of investors preferring Small Cap ASX Listed Companies
  • Healthcare, Technology and Internet remain hot sectors with over 48% of interest.
  • Investors are currently seeking access to more Private Placements from Small Cap ASX Listed Companies and Business Sale / Acquisition Opportunities offerings
  • 65% of investors agreed to a ‘Too Optimistic Valuation’ being the most common factor that discourages them from investing, followed by  ‘Too optimistic financial projections’ with ‘Lack of management experience’ also being relevant
  • Unsuitable opportunityUncertainty about the economy and Wrong timing proved to be the main reasons for investors’ inactivity
  • 69% of investors believe Early-Commercialisation and Growth-Expansion proved to be the right stages of company’s lifecycle in which they like to participate
  • Concerned but optimistic is the feedback from investors on the outlook for the Australian Economy over the next 2 years, with 68% and just 10% of investors remaining pessimistic  

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

Sky Business Interview with 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.

To watch the interview with the CEO Simon Baker, please click on video below.

Kick the Red Dirt Tour – with MACRO Realty Developments

MACRO Realty Developments would like to invite you the the exclusive Kick the Red Dirt – Pilbara Property Tour 30 May – 1 June 2014!

Tour Highlights:

  • Tour of Newman, Karratha, Port Hedland and South Hedland
  • Exclusive 90-minute tour of BHP Mount Whaleback Mine
  • Take in the natural beauty of Karijini National Park
  • Comprehensive update on current Pilbara market conditions
  • Complete overview of the Pilbara rental market
  • Network with other experienced property investors
  • Wholesale off-market investment opportunities
  • First chance at 15-22% rental returns

Event Schedule:

Friday 30 May Drinks with MACRO Team in Perth
6.30-7.30pm, Ascot Quays – 150 East Riverside Bar Restaurant

Saturday 31 May Perth to Newman
Qantas Flight 7am-8.45am
Drive to Karratha and stay the night (accommodation provided)

Sunday 1 June Port Hedland to Perth
Virgin Flight 6pm-7pm

Cost:

$1950 for singles
$2950 for couples
Tour cost will be discounted off any property purchase.

Contact Details:

Register your interest with MACRO Realty on +61 8 9361 6612 or admin@macrorealty.com.au

Limited places available – don’t miss out!

Accommodation is tight in the Pilbara, so it’s first come, first served. Flights subject to change.

PwC R&D Tax Incentive Update

15 May 2014

In Short

  • Overseas Activities – reminder to lodge overseas finding prior to the end of the financial year for 30 June 2014 claims.
  • Payments to Associates – reminder to ensure any amounts incurred to an associate are ‘paid’ prior to the end of the financial year.

Overseas R&D activities

A company can only claim expenditure on R&D activities carried out overseas, if the activities are registered and are covered by a finding that meets the following conditions:

  1. The overseas activity has a significant scientific link to ‘Australian core activities’.
  2. The overseas activity cannot be conducted within Australia for a reason listed in the legislation.
  3. The expenditure on the overseas activity and certain other overseas activities is less than the expenditure on the related core R&D activities and supporting R&D activities conducted in Australia.

The overseas finding application must be lodged prior to end of the first financial year to which it will apply.

Accordingly, for activities carried out in the financial year ending June 2014, an application must be lodged by 30 June 2014. Please contact us if you believe you may have qualifying activities and wish to consider this further.

Payments to Associates

Provided you meet the respective eligibility requirements, claimants may include expenditure amounts incurred to an associate in their R&D claim. However the notional deduction can only be claimed when the expenditure is ‘paid’.

Where an amount is not ‘paid’ until a later income year a claimant will have to either forgo the notional R&D deduction if the amount is claimed as a standard deduction or the notional deduction must be deferred until the year in which the payment is made. ‘Paid’ in relation to R&D claim has its general legal meaning in the income tax law which includes constructive payment.

Therefore any claimant who is looking to include a payment to their associate within their R&D claim will need to ensure these amounts are paid prior to 30 June 2014.

For further information, please contact your usual PwC adviser or:

Charmaine Chalmers
Brisbane National R&D leader
charmaine.chalmers@au.pwc.com

(07) 3257 8896

Marcus Tierney
Melbourne
m.tierney@au.pwc.com
(03) 8603 4358

Sandra Mason
Sydney
sandra.mason@au.pwc.com
(02) 8266 0470

Garry Waugh
Adelaide
garry.waugh@au.pwc.com
(07) 3257 8694

Ross Thorpe
Perth
ross.thorpe@au.pwc.com
(08) 9238 3117

Strong export demand for Australian lamb – Monta Flora

Source: The Land; Published: Monday, 5 May 2014

TOTAL Australian lamb exports during April were 15 per cent higher year-on-year, at an April record 17,758 tonnes swt. Meat and Livestock Australia (MLA) reported elevated eastern states lamb slaughter since the beginning of 2014 supported this robust global demand.

Australia’s three major markets registered increases on the same period last year, and combined accounted for 63pc of total shipments during April. Of Australia’s three largest lamb export markets, shipments to China – the largest single export destination – increased 32pc year-on-year, to 3,098 tonnes swt, accounting for 17pc of total lamb exports.

Despite recording the lowest volumes since the beginning of the year and being pipped by China as the largest single export destination by volume, exports to the US in April also accounted for 17pc of Australian lamb exports and were 2pc higher than the corresponding period last year, at 3097 tonnes swt.

Buoyed by large volumes to Bahrain and the United Arab Emirates, at 1167 tonnes swt and 1476 tonnes swt, respectively, exports to the Middle East accounted for 28pc of total Australian lamb exports. Shipments to the Middle East registered the highest monthly volume since the beginning of the year, at 5056 tonnes swt, up 5pc year-on-year.

Supported by strong demand from the UK, shipments to the EU continued the elevated trend so far in 2014, up 63pc, or 453 tonnes year-on-year, at 1173 tonnes swt – the second highest April exports on record.

For smaller markets, the largest export growth during April was reported for Korea, Taiwan, and Hong Kong, up 110pc, 115pc and more than four-fold year-on-year, to 488 tonnes swt, 386 tonnes swt, and 689 tonnes swt, respectively. Similarly, Japan has returned this year as a significant export market, with shipments up 25pc on the corresponding period last year, at 810 tonnes swt – the second largest export market in Asia after China.

Ai-Media Scores Over 99% in First External Captioning Quality Audit

Media Release, 16 May 2014

Speech-to-text innovator Ai-Media today released the results of its first independent external captioning quality audit, achieving a score of 99.13% measured by the international NER benchmark.

Ai-Media provides captioning for television broadcasters including Nine Network Australia, Foxtel, Fox Sports, Australian News Channel (Sky News), and others. The result announced today is for Ai-Media’s first quarter of service to the Nine Network ending March 2014, based on an independent external auditor sampling and scoring 13 programs at random.

Ai-Media is the first Australian captioning provider to appoint an independent auditor to assure quality for its clients and their viewers. NER is an international standard that stands for Number, Edition error and Recognition error. It measures the speed of captions, the delay between speech and caption text, and the number and types of errors.

Ai-Media CEO Tony Abrahams said: “We will publish the results of our independent quality audits as part of our commitment to transparency and continuous improvement.  Quality sits at the heart of everything we do, and we have internal quality processes and measurement in place across the business. We welcome comments and feedback directly, and via our social media sites.”

Independent quality auditor Robert Scott said: “Notable in the review was Ai-Media’s commitment to delivering block captions for the Nine Network’s News and Current Affairs programming. This synchronous presentation of accurate caption text results in increased quality scores and most importantly better comprehension by the viewer”.

To read the full media release please download the document below.

Totus Alpha Fund Performance Summary – April 2014

April was a difficult month for the Fund with founder’s series units down 2.1% (post fees), well shy of the overall ASX performance which was up 1.7% over the month.

The quote in the header of this newsletter sums up what happened pretty well. Many of the investment themes that had served us so well in 2013 have struggled so far in 2014 as they became “consensus” trades. This became abundantly clear to us during the month when we had the opportunity to attend a presentation from a multi-billion dollar global long short fund (with an excellent performance track record over 20+ years) and saw many of the themes that we had been researching pitched back at us. Now this doesn’t mean that those themes are” finished” or “wrong” but it did highlight to us that positioning in a number of areas was approaching extremes and that some caution was warranted.

The fund went into April with relatively large exposure to tech (bricks to clicks), high PE stocks (scarce growth) and US$ earners all of which were hit to varying degrees over the month by the aggressive rotation out of crowded “winners” into
cheaper “laggards” as well as the ongoing strength in the Aussie dollar. The market was unimpressed with the growth in costs reported by Google (our 2nd largest position) which cost the fund just over 0.5%. Adding to the pain was a takeover bid for one of our “structurally challenged” short positions Goodman Fielder and the cost of our index hedging which together cost the fund another 1%. One bright spot for the fund was corporate actions with new listings Burson Group and Beacon Lighting and a placement in Automotive Holdings all contributing positively to performance.

Our response to this turbulence has been to pare back the funds net and gross exposure and attempt to move even further up the quality chain in our key investment themes (e.g. adding to Google on weakness). With the US market at alltime
highs and the Aussie market at 5 years highs heading into the seasonally weak Northern Summer we are happy to keep our powder dry for now.

Top contributors to performance in March were long positions in Burson +0.90% (scarce growth), Automotive Holdings +0.57% (scarce growth) and a short position in Coca-Cola Amatil +0.62% (structural change). Biggest detractors from performance were our long positions in iBuy -1.02% and Google -0.53% (online) and a short position in Goodman Fielder -0.47% (structural change).

To read the full performance summary please download the document below.

CricHQ to expand presence in India

CricHQ to expand presence in India; hire 400 people in 3 yrs

Source: The Economic Times; Published: Sunday, 11th May 2014

NEW DELHI: Tech firm CricHQ, promoted by former New Zealand cricketers Simon Baker, Stephen Fleming and Brendon McCullum, plans to make India its home ground, hiring over 400 people over the next three years. The firm, founded in 2010 by Baker, Fleming and McCullum, offers live scoring and competition management solutions via cloud and mobile technology. Besides, Fleming, and McCullum, CricHQ’s investors include cricketers Ravi Ashwin, Albie Morkel, Faf Du Plessis, Graeme Swann and Mike Hussey.

“Today, we have 100 employees, of which 70 are in India in Chennai and Kochi. We are about to open an office in Bangalore. Over the next three years, we will have about 520 employees and of these, 500 will be based here,” CricHQ CEO Simon Baker told PTI. The workforce will be responsible for various roles across product development and sales.

“India is a cricket crazy nation. It has a huge following for the game and we see India as the biggest growth market. Hence, we will staff it sufficiently with senior management and a large team under them,” he said. Baker added that the company will continue to have a small team in New Zealand and few people across other countries as well.

CricHQ has 140 clients at present, which include the Sri Lankan Cricket Board, Kerala Cricket Association and a few other state-level cricket bodies. It has also launched a social networking app to help fans connect with their favourite players. Apart from statistics from various matches, users will be able to “follow” their favourite players to receive broadcasts whenever they play cricket or share status updates.

It has partnered with Nokia to launch the app across Lumia, Asha and Nokia X devices exclusively during the ongoing IPL season. It will be available across other platforms after the IPL season ends. It has also partnered UCWeb, where the browser will endorse CricHQ directly through its UC Browser user base in India. “The app combines social network features along with cricket information. We want to promote grass root cricket where scores of even the smallest clubs is available. That will also help promote players, who may go unnoticed otherwise, to rise in their careers,” Baker said.

Coretrack (ASX: CKK) acquired Ecopropp features in The West Australian

Coretrack enters shale gas market

Source: The West Australian; Published: Monday, 12th May 2014

Drilling technology company Coretrack has made a foray into the surging shale oil and gas market with an agreement to buy unlisted Queensland-based proppant developer Ecopropp.

Proppants are solid materials that are mixed with fracturing fluids to hold open fractures after a hydraulic fracturing treatment (fracking).

They can range from naturally occurring sand grains to synthetic resin-coated sand or high-strength ceramic materials.

Ecopropp’s product is a ceramic proppant that is manufactured largely from the unwanted bi-product of coal-fired power stations known as fly ash.

Coretrack said the Ecopropp proppants were a significant improvement in the fracking market because they were lightweight, able to withstand high pressures and cost less to produce than traditional ceramic proppants.

NSW-based Business Custodians have signed a firm commitment letter to raise $3m worth of capital for Coretrack as part of the deal.

Coretrack will issue Business Custodians 300 million new shares at 1 cent each as well as 21 million extra shares as part of a capital raising fee agreement.

The acquisition will be staged over the successful achievement of three milestones

Coretrack said the worldwide market for ceramic proppants was about $US2.5 billion a year.

It said horizontal deep oil and gas wells typically required $1-$3 million worth of proppants during hydraulic fracturing.

Coretrack chairman Matt Birney said the unique proppant developed by Ecopropp had the potential to lead the industry given its ultra-light weight and ability to withstand the high pressures in deep wells.

“Proppants are big business, particularly in the USA, with proppant manufacturing companies regularly making $100m plus investment decisions in the last few years,” he said.

Ecopropp managing director Siegfried Konig said the company had followed a well-developed plan over the past few years and its proppant technology which met American Petroleum Institute and ISO certifying authority guidelines, was ready to be taken to the next level via public listing.

“Ecopropp’s ceramic proppants have been specifically engineered for oil and gas wells that are deeper than two kilometres, not for shallow, Coal Seam Gas or Coal Bed Methane wells, which are often only 300 to 500 metres deep,” he said.

Coretrack shares which have risen sharply in recent weeks to a 52-week high of 1.5 cents on no apparent news, were off 0.6 cents, or 42.86 per cent, to 0.8 cents at the close.

Monta Flora Pastoral Ltd – CEO Interview

Monta Flora Agriculture, whose principals are 5th generation farmers, are establishing Mimimoora Pastoral Trust primarily for purchasing Australian land to on-lease to Monta Flora Pastoral Limited for conducting a large scale, prime quality, organic and ethically sound lamb production business.

Mimimoora Pastoral Trust will purchase suitable land in the Australian rangelands, add or repair infrastructure required for a Dorper lamb production business and on-lease the improved land to Monta Flora Pastoral Limited. The land will be leased to Monta Flora Pastoral under long term leases at an initial rental of 5.5% pa (payable monthly) of the total acquisition cost plus the cost of the required infrastructure upgrades. Mimimoora Pastoral Trust distributes the net proceeds to investor unit holders after expenses.

Advent Energy – CEO Interview with FNN

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).

eNurse Pty Ltd – CEO Interview

Healthcare is now the biggest employer in Australia and Nurses and Midwives are the largest healthcare occupation in both Australia and the world. Despite an increase in the overall numbers of nurses employed, there is expected to be a workforce shortage of equivalent to 1/3 (109,000) of the current workforce by 2025. The need to recruit, educate and retain nurses has never been greater.

eNurse is a website completely dedicated to servicing the personal and professional needs of Nurses, Midwives and Service Providers. Its aim is to become synonymous with the profession.

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.

Video: Wholesale Investor Sydney Showcase Lunch

WI is pleased to announce that Sydney Showcase Lunch on Friday 2nd May was a great success!

Exceeding our expectations for attendees, the number of investors in the room was also complimented by the quality.

We would like to thank our corporate partners PwC and DLA Piper for their continuing support, our presenters and attendees for being a part of our biggest showcase to date. If you would like to be a part of our next event, please click here for more information on our upcoming events.

Thanks to FNN for covering the event, we are proud to present you the highlights of our Sydney Showcase 2014.

Future Capital launches Australia’s first Bitcoin fund

Future Capital Bitcoin Fund (FCBF) launches $30m Bitcoin Fund

Source: NewsMaker; Published: Monday, 5th May 2014

The Future Capital Bitcoin Fund (FCBF), an Australian headquartered investment firm, has launched a $USD30 million global investment fund investing in companies that are leveraging services based on Bitcoin and other crypto-currencies.

Led by seasoned digital entrepreneur, investor and Fund Manager Domenic Carosa, the FCBF is Australia’s first dedicated Bitcoin investment fund.  The fund will source opportunities globally for companies facilitating payments, exchanges, trading and smart property rights based around the Bitcoin digital currency ecosystem.

“Bitcoin has the potential to dramatically alter the manner in which transactions take place across the globe and the power to create new modes of financial connectivity, seamlessly across borders,” said Mr Carosa, who is the Chairman and Co-Founder of the FCBF.

The fund, which is operational from May, is currently accepting investments from investors around the globe in AUD, USD, RMB and Bitcoin (BTC), and is also open to receiving expressions of interest from companies interested in applying for investment from the fund.

The FCBF team has investment and operational experience with Internet, mobile and tech start-ups along with specialist transactional and payment authentication expertise.   With over 50 years of collective investment and funds management experience, the team has been involved with over 100 start-up companies and four previous funds, managing and raising more than $150m in investment, growing businesses from $0 to $100m in revenue and listing them.  Bitcoin is a global phenomenon, and the Australian-based team has global experience across Silicon Valley, Hong Kong, The Netherlands and Germany.

“Australia has low sovereign risk and a globally trusted financial system,” Mr Carosa said. “This is a very exciting opportunity for global investors to participate in the Bitcoin ecosystem via Future Capital’s Bitcoin Fund.”

Applicants to the fund will be managed by Investment Manager Holger Arians, who is experienced in corporate finance and strategy, supported by Fund Manager Remco Marcelis, a seasoned tech company CFO/COO and venture capitalist.

“The concept of a global crypto-currency is probably the most disruptive innovation I have seen in the last 10 years,” Mr Arians said. “I believe that Bitcoins will change the way we live, travel and do business.”

The FCBF Fund is conditionally registered as an Early Stage Venture Capital Limited Partnership (ESVCLP) under the Australian Venture Capital Act 2002, which will provide investors in the FCBF fully tax free returns, on income and capital account.

“We view the emerging Bitcoin ecosystem as an investment opportunity that has transformative potential across a raft of social, technology-based and cultural applications and we see great scope for the broader adoption of Bitcoin and its related applications to redefine the global payment status quo,” Mr Carosa added.

The rise in popularity of Bitcoin over the last three to five years is due in large part to the growing ecosystem of companies that are both supporting it and looking to enable opportunities in and around the core currency and protocol.

“We are already actively participating in the evolving Bitcoin space and we see it is at an inflection point and ready for seasoned investors to assist in bringing financial and entrepreneurial experience to this market,” Mr Arians said.

Mr Arians will be attending the Global Bitcoin Summit in Beijing from 10-12 May and Mr Carosa will be attending the European Bitcoin Conference in Amsterdam from 15-17 May to promote the fund.

For further media information please contact:

Domenic Carosa dom@futurecapital.com.au (+61 411 19 69 79)

For FCBF details please contact:

Holger Arians holger@futurecapital.com.au (+61 439 716 110)

www.futurecapital.com.au

SmartWard – CEO Interview

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.

Shark Shield Pty Ltd – CEO Interview

After twenty years of scientific research, extensive independent testing and thousands of satisfied customers, the world has accepted Shark Shield electronic shark deterrents as a proven alternative to shark culling. Shark Shield is a validated solution that enables humans and sharks to safely share the ocean.

The new owners / management are implementing a high growth U.S. centric business strategy, strongly supported by external environmental factors, all driving the Shark Shield product category rapidly towards a tipping point. To highlight the market acceptance, Tom Carroll (2x World Surfing Champion) has recently become a shareholder and Brand Ambassador for our new patent pending surfboard shark deterrent.

Connexion Media Ltd – CEO Interview

Connexion Media Limited (“Connexion”) is a technology company specialising in the development of services for the web-connected vehicle market. Connexion has recently signed a contract with General Motors as an “Application Development Partner” and is the official “Accredited Supplier” to Volkswagen (VW).

Connexion is in the process of acquiring miRoamer Pty Ltd via a reverse merger transaction and is undertaking an offer of shares as part of this process. miRoamer is known for its multi-award winning technology and is considered a global market innovator in streaming digital media technology (global radio and music services). It has developed a technology to manage and deliver customised and secure digital content (including audio and video) to a number of end user products including web connected vehicles and car radios, smartphone, tablets, PC, and other intelligent devices.

eNurse features on News Mail

Nurse hopes to inject some inspiration into workshop

Source News Mail, Published: Thursday, 1st May 2014

FORMER Rockhampton nurse Glen Riverstone has forged a successful business career after his medical invention won national acclaim in 2007.

His revolutionary “Snapit” ampoule opener won the New Inventor’s People’s Choice Award on the ABC television program The New Inventors in 2007.

An ampoule is a small sealed vial containing liquid that is ready for injecting.

In a bid to market the Snapit, Mr Riverstone started an online venture which has developed into eNurse Pty Ltd, a national company which now has more than 65,000 nurses on its database.

“It has evolved into a broad online business for nurses,” Mr Riverstone said from his Brisbane base.

“We provide a complete approach to nursing, from selling equipment to supporting the professional and personal needs of individual nurses.”

Mr Riverstone will return to Rockhampton as a guest speaker at a professional development workshop, held at CQUniversity as part of the International Nurses Day program on Saturday.

“I am keen to share my story from where I started to where I am now,” he said. “It has required an intensive amount of ongoing personal development. That is how you progress your career, by continuing to develop, continuing to learn.”

Mr Riverstone was working in the emergency department of the Rockhampton Hospital when he got the inspiration for Snapit, which is now available in more than 10 countries.

“I remember a lot of staff used to complain about cutting themselves on the ampoules. I naturally set about solving the problem,” he said. “I was always optimistic and enthusiastic about it but it is quite surreal to see how much has come from that.”

WORKSHOP

WHAT: International Nurses Day professional development workshop

WHERE: CQUniversity Rockhampton

WHEN: Saturday, May 3, 9.15am to 4pm

SPEAKERS: Glen Riverstone, managing director, eNurse Pty Ltd; Christine Foley, St Vincent’s Hospital; Paula Ryan, nurse unit manager, Cancer Care Services, Central Queensland Hospital and Health Service

SESSIONS: Keeping the Patient Safe, Standards 9 Recognition and Responding to Clinical Deterioration in Acute Health Care, Standard 6 Clinical Handover, Standard 4 Medication Safety

Independent Reserve Company Update – March 2014

 

  • The production servers at Independent Reserve are now 100 % operational.  We have a total of 35 servers spread across two top tier data centres in Sydney which give us outstanding scalability, performance and redundancy.

  • Much of our time the past month has been spent load testing and performance tuning our exchange engine, to ensure it truly is scalable under heavy load.  We are happy to report that our exchange has proven to support over 200 trades per second, which far exceeds the total trades per second performed by all existing Bitcoin exchanges combined by roughly an order of magnitude!

  • We are currently negotiating several key partnerships with some Bitcoin industry heavyweights to provide Independent Reserve with both liquidity and capital to succeed after launch.  We have had several face-to-face meetings with key stakeholders and we are hoping to make some exciting announcements over the next several weeks.

  • We are currently training a telephone help desk operator, and have organised local telephone lines in Australia, Singapore, Hong Kong and New Zealand.

  • In our previous update we mentioned that ASIC were close to coming to a resolution on our AFSL application.  They have since informed us that the time frame for processing the application is 3-5 weeks from now.  This is frustrating, but based on the best information we have from ASIC, we are still on track.

  • We will soon be opening Independent Reserve for a Private Beta, where we will invite a select number of users to register with the system, provide feedback and help us identify any issues before releasing it to the rest of the world.

Thanks again for your continued support.

Adam Tepper
Chief Executive Officer

Surfing Legend Joins Shark Shield Team

To quote William Shakespeare, “timing is everything” and now is the time for Shark Shield.

After twenty years of scientific research, extensive independent testing and thousands of satisfied customers, the world has accepted Shark Shield electronic shark deterrents as a proven alternative to shark culling. Shark Shield is a validated solution that enables humans and sharks to safely share the ocean.

To fully exploit this growing market awareness and demand, Shark Shield, the world’s only scientifically proven and independently tested electrical shark deterrent company, is seeking to raise up to $1.4 million by way of an issue of 35 thousand New Shares at A$40.00 each, equating to 27% of issued shares. This Offer closes 30th June 2014.

The new owners / management are implementing a high growth U.S. centric business strategy, strongly supported by external environmental factors, all driving the Shark Shield product category rapidly towards a tipping point.

To highlight the market acceptance, Tom Carroll (2x World Surfing Champion) has recently become a shareholder and Brand Ambassador for the company’s new patent pending surfboard shark deterrent.

Tom said: “I have encountered marine creatures of all types and sizes during my 45-plus years of surfing and I’m always struck by their beauty, big sharks and all!

“Sharks need our protection and I believe Shark Shield should be applauded for taking the health of this ancient species into consideration and at the same time as providing protection to humans who enter their territory.

“This is a win-win situation — for surfers, divers and sharks.”

Tom will also be involved with the design of Shark Shield’s latest innovation aimed at keeping the waters safe — an electronic deterrent that leverages the surfboards removable fin and plug system, without impacting surfing performance.

The new device will also be designed for stand-up paddle boards, which are increasing in popularity around the world.

Tom Carroll was inducted into Australia’s Hall of Fame in 1992 and is one of the best surfers the country has produced. When surfing became a professional sport, he was recognised as a pioneer — not least for introducing scientifically based training principles.

To read the full press release from Shark Shield please download the document below.

Armstrong Corporate Capital Limited (ACCL) – CEO Interview

ACCL is an established motor vehicle investment scheme that provides strong returns for sophisticated investors seeking benchmark rates at a significant premium to retail and public sector super funds.

ACCL’s Motor Vehicle Investment Fund, with over $10M funds under management, focuses on alternative vehicle finance solutions with a growing portfolio of mid range vehicles valued between $30,000 to $50,000 purchased from wholesale commercial borrowers. The investment is offered as a 24 or 36 month debenture.

With strong risk management systems in place, ACCL is able to offer strong returns to investors whilst managing and mitigating the risk of borrowers. This is underpinned by continuing strong demand for financing of quality second hand vehicles has led to the expansion of this funding program.

ACCL’s is guided by experience Board and Management with the relevant executive experience to manage this fund and achieve consistent market outperformance – including the current Country Head of NAB China, a National Sales Manager for Bankwest Victoria, and CFO of Metallica and Metro Coal. Each board member is a shareholder with funds invested demonstrating their commitment to the business model.

CricHQ announced as a finalist at Carnegie’s Den

Simon Baker (CEO) and David Hussey (Australian MD) will be presenting the CricHQ investment offer at Carnegie’s Den this Friday, 2nd May 2014 at 4.00pm.

“Carnegie’s Den is a platform, created by M.H. Carnegie & Co., for leading Australian entrepreneurs to gain media exposure and direct funding from a larger network of prospective investors. A platform for “Great Australians to build great Australian businesses.” Carnegie’s Den is a quarterly event, with the next event scheduled for 2 May 2014.

On the night, teams will be asked to make a five minute pitch followed by a five minute question and answer opportunity. We will offer a small investment to the successful team along with follow up mentoring from Mark and a member of the investment team.

Plus, attending audience members will have the opportunity to invest directly during the event. We are currently looking for accredited investors to join Carnegie’s Den.”

Click here to Apply to Attend as an investor via Carnegie’s Den — M.H. Carnegie & Co.

Smart Send Pty Ltd – CEO Interview

Smart Send has built a strong brand in the online e-commerce marketplace for providing ‘freight aggregation’ and transport/delivery services in the booming home delivery market. Smart Send was the first ‘online courier’ in the Australian internet age (2006) and continues to lead innovation in the online sector.

Smart Send has maintained a balanced approached between ‘Innovation’ and ‘Commerciality’ which differs from our competitors who mainly focus on price, rather than product improvement. From providing ‘fair’ freight pricing to eBay members and low-medium volume users, to our range of delivery services and technology solutions tailored to the e-commerce/web development and residential delivery market, Smart Send is positioned to capitalize on the future growth in online commerce in Australia.

Please listen to Steven Visic, Director of Sales.

Heyrex Limited – CEO Interview

Heyrex Limited is a New Zealand data and technology company that provides a unique activity, wellness and productivity monitoring service for animals.

Heyrex is a valuable tool for the management of animal assets, care of companion animals, generation of new revenue streams for service providers and peace of mind to animal care givers.

Heyrex is used by veterinary professionals, farmers and researchers to manage and monitor animal productivity, health, behaviour, treatments and general wellbeing for production and companion animals.

Heyrex collects data via its proprietary monitors via a cloud-based service that enables Heyrex to notify clients of important changes in productivity, wellness and build valuable industry data. Heyrex is priced attractively (SaaS model) to ensure affordability for large scale monitoring and provides revenue generation opportunities to its clients.

Heyrex is a turn-around business opportunity that is now launching its products internationally, targeting specifically the US, European and key Asian markets and is seeking equity investment to accelerate its global growth.

Please listen to Nathan Lawrence, CEO.

TFS Sandalwood Project 2014 – CEO Interview

TFS is the global leader in sustainable Indian Sandalwood plantation cultivation, management, processing and sales & distribution. Founded in 1997 (ASX listed 2004) TFS is a vertically integrated Indian Sandalwood company.

From a strong financial base and via diversified revenue streams TFS is uniquely positioned to capitalise on the demand / supply imbalance in the global sandalwood market.
Indian sandalwood is one of the world’s oldest traded commodities, deriving multiple products (heartwood and oil) each of which is highly sought after in multiple markets.

Stable demand growth rates – and the cultivation of new markets by TFS – coupled with falling supply levels has seen significant price increases (~15%+ pa) over the past 20+ years.

Please listen to Duncan Caldwell, General Manager.

New Chairman for Martin Aircraft Company

Media Release, April 2014

Christchurch based Martin Aircraft Company has appointed Jon Mayson as its new Board Chairman to assist in the company’s mission to bring the Martin Jetpack to the commercial market.

Mayson, a former Chair of New Zealand Trade and Enterprise, is a companion to the New Zealand Order of Merit for services to the shipping industry and to the export sector.

Mayson is particularly recognized for his achievements as CEO of the Port Tauranga from 1997 to 2005, during which time the Port of Tauranga grew to be New Zealand’s largest export port.

Mayson said that he was looking forward to bringing his experience to the table to help Martin Aircraft Company at this phase of its development.

“The Martin Jetpack is such a great story of New Zealand innovation and I am really looking forward to being involved in the company’s evolution”, said Mayson.

Martin Aircraft Company’s CEO, Peter Coker, welcomed Mayson’s appointment.

“Jon is highly respected in the business sector for his leadership, particularly his focus on business growth and innovation, which is a great fit for Martin Aircraft Company”, said Coker.

Coker acknowledged the contribution made by outgoing Chair Jenny Morel, who has been Martin Aircraft Company’s Chair since 2008. Morel, who is the founder and Managing Partner of No 8 Ventures Management, will remain as a director of Martin Aircraft Company.

For further information, please contact:

Peter Coker
Tel: +64 (0)3 377 8584
Email: peter.coker@martinaircraft.co.nz

PwC Bioforum April 2014

Time for action: Policy and the Life Sciences sector

With the first budget of Australia’s new Federal Government rapidly approaching it seems a good time to reflect on how current policies are affecting technology rich, high risk and high reward areas of the economy like Life Sciences companies.

There have always been differing views on the role of Government in supporting industry and the extent to which free market forces should be allowed to dictate outcomes. This debate is particularly important to the Life Sciences sector.

Life Sciences companies are unique in many ways. To start, they operate in a constantly changing technological, scientific and regulatory environment, they require substantial amounts of capital very early on in their lifecycle and they are inherently risky for investors. When you add to this mix the sector’s public importance in driving enhancements in the quality and longevity of life there are difficult decisions to be made as to the role Governments should play in supporting
the sector.

For more information or to download the BioForum please click here.

Investors seeking tax-effective opportunities look to agriculture

As we run into Q4 of the financial year investors countrywide begin looking at tax effective investments to reduce their tax burden.  Although benefits of tax effective investment vary based on the individual, benefits can include immediate tax relief through a tax refund or tax minimisation at the time of investment, throughout the investment term or at maturity.  But as the advertising increases at the end of the financial year, what are the key factors an investor should consider?

Prime assets, high demand, restricted supply

Many investors typically look at the headline tax benefits but don’t pay too close attention to underlying assets.  The underlying asset is critical to receiving the expected tax benefit and also provides stability of investment over the course of its term.  Agri-investments for instance are not all the same.  Some suffer from volatile demand or from oversupply.  A commodity to shine the light on as a prime example is Sandalwood.

Sandalwood has been an integral part of Asian culture and religion for thousands of years, and remains a key ingredient in the fragrance, cosmetic, pharmaceutical and religious products markets. Sandalwood features in perfumes, cosmetics and toiletries, medicines, medicinal skin care products, carvings, fashion, furnishings, incense and religious ceremonies around the globe.  It is a high demand product in the largest consumer markets in the world.

The Indian species of Sandalwood (Santalum album) commands the highest price at auction due to its superior oil yields and long-term market acceptance. The price of wild Indian Sandalwood sold at auctions in India has continued to increase at a compounded rate of approximately 15% over the last 22 years with the price for Indian Sandalwood logs averaging over A$100,000 per tonne.  These price rises have occurred predominately due to the low supply of consistent Sandalwood.  Experts predict a long term increase in price due to the increasing supply/demand imbalance of Indian Sandalwood.

TFS Corporation (ASX:TFC)

TFS Corporation is a Western Australian company listed on the ASX (ASX Code – TFC) with over 15 years of experience in both the cultivation of Indian Sandalwood and the distillation of Sandalwood oil.

TFS controls the world’s largest source of sustainable Indian Sandalwood supply with direct and indirect ownership of over 2,400 hectares of plantations.  This scale provides real asset value in the balance sheet.  TFS share price growth exceeded 200% in the past 12 months ($0.57 in March ’13 to $1.71 in March ’14) with one research house forecasting Target Price of $3.34.  The company has just been added to the ASX300 index.

The company has been listed with Wholesale Investor and has presented to sophisticated and professional investors with considerable attention of late.  This provides access to the underlying company but what about a tax effective investment?

TFS Tax Effective Investment for Individuals and SMSF

TFS has planted over 6,000 hectares of commercial Indian Sandalwood plantations on behalf of over 3,400 individual growers and a range of institutional investors.  Investors can participate in The TFS Sandalwood Project 2014 – the company’s sixteenth annual Indian Sandalwood Project.

The Indian Sandalwood project is useful as it can be used to address a wide range of tax events from upfront tax deductions for both individuals and SMSFs.  It has been common to invest initially in one’s own name to receive the personal tax benefits.  After a minimum 4 year period, the investment can then be transferred to a SMSF.  When the investment matures the income is only taxed at the Super rate of 15%.  The transfer from the personal name to a SMSF is highly likely to trigger a tax event so an investor needs to check the implications of this with their personal tax adviser.

By capturing an early ROI investors are not exposed to the potential volatility of specific end markets, but the demand of these end markets drive the log price and create stability at the earlier stage.  Investor returns are based on the value and sale of the Indian Sandalwood log at harvest.

With prime assets, high demand, restricted supply plus a solid underlying company, this is the essence of choosing the right criteria for a tax effective investment.  Remember, do your own research, choose wisely and receive the tax benefits you are entitled to.