Category Archives: Financial

Equities First Holdings Relocates Melbourne Offices

November 15, 2016 staronepr Leave a comment

Global Leader in Alternative Lending Strategies Continues to Maintain Three Australian Locations in Melbourne, Sydney and Perth To Accommodate Growing Business.

Melbourne, Victoria, AUSTRALIA — Equities First Holdings LLC (EFH, http://www.equitiesfirst.com), a global lender and a leader in alternative shareholder financing solutions, has relocated the Melbourne office of Equities First Holdings (Australia) Pty Ltd. The new EFH Australia office is located in the heart of Melbourne and will make it more accessible to clients and business associates.

“Our Australian business is continuing to grow and relocating our Melbourne office will give us a better space to accommodate our current clients and staff with room for expansion,” said Mitchell Hopwood, Managing Director for Equities First Holdings (Australia) Pty Ltd.

The new address for the regional office is Equities First Holdings (Australia) Pty Ltd., Level 2, 287 Collins Street, Melbourne, Victoria 3000, telephone: +61 3 8688 7191.

Equities First Holdings maintains three business locations in Australia in Sydney, Perth and Melbourne. The firm provides clients with stock-based loans to provide capital for business expansion, strategic investments, or other purposes. Stock-based loans are unrestricted so the capital can be used for any purpose, and most loans are non-recourse.

In addition to its Australian offices, Equities First Holdings maintains locations in the United Kingdom, Hong Kong, Singapore, Thailand, and Switzerland, as well as the company headquarters in Indianapolis, Indiana, USA.

About Equities First Holdings
Since 2002, Equities First Holdings, LLC (EFH) has provided clients with alternative financing solutions, supplying capital against publicly traded stock to enable clients to meet their personal and professional goals. EFH provides capital against shares traded on public exchanges around the world. The company has completed more than 700 transactions worth more than $1.4 billion to date, offering customers high loan-to-value at low fixed interest rates.

EFH is a global company with offices in nine countries, including wholly owned subsidiaries Equities First (London) Limited, Equities First Holdings Hong Kong Limited, Equities First Holdings Singapore Limited, and Equities First Holdings (Australia) Pty Ltd. For more information, visit, http://www.equitiesfirst.com.

DISCLAIMER
This release is intended for informational use only, and does not constitute an offer, stated or implied, of any type. Equities First Holdings, LLC and all of its subsidiaries work exclusively with individuals classified as sophisticated investors. The Equities First Holdings platform is not intended for retail investors.

Media Contact:
Brandon Russell
+1-317-429-3500
media@equitiesfirst.com

Business, Financial

Global Lender Equities First Holdings Returns Shares of ANGLE plc and Concludes Transaction in the United Kingdom

October 29, 2016 staronepr Leave a comment

The Return of ANGLE plc Shares Marks Successful Completion of Transaction Executed in October 2014.

Indianapolis, IN, USA — Equities First Holdings LLC (EFH, http://www.equitiesfirst.com), a global lender and a leader in alternative shareholder financing solutions, announced today that the company has fully concluded a transaction with Andrew Newland, CEO of ANGLE plc, by returning 1.35 million shares of ANGLE plc (AIM: AGL.LN; OTCQX: ANPCY) stock to him, which was used as collateral in a financial transaction.

This two-year financing facility, originated on October 27, 2014, was one of the EFH’s first transactions executed in the United Kingdom after the acquisition of Meridian Equity Partners Limited. EFH acquired Meridian in the summer of 2014 and rebranded the acquired operation as Equities First (London) Limited.

Equities First (London) Limited is authorised and regulated by the Financial Conduct Authority of the United Kingdom, register number 605564.

“The return of collateral to clients is business-as-usual for Equities First Holdings,” said Al Christy, Jr., Founder and CEO of EFH. “As a company, EFH and its subsidiaries have completed more than 700 transactions, and we have a perfect track record of returning our clients’ collateral upon maturity and repayment.”

The market disclosure made by ANGLE plc related to this transaction can be found here.

About Equities First Holdings
Since 2002, Equities First Holdings, LLC (EFH) has provided clients with alternative financing solutions, supplying capital against publicly traded stock to enable clients to meet their personal and professional goals. EFH provides capital against shares traded on public exchanges around the world. The company has completed more than 700 transactions and delivered more than $1.4 billion USD in funding to date.

DISCLAIMER
This release is intended for informational use only, and does not constitute an offer, stated or implied, of any type. Equities First Holdings, LLC and all of its subsidiaries work exclusively with individuals classified as sophisticated investors or Professional clients. The Equities First Holdings platform is not intended for retail investors.

Media Contact:
Brandon Russell
+1-317-429-3500
media@equitiesfirst.com

Business, Financial

Global Lender Equities First Holdings Sees A Growing Trend Among Borrowers Who Use Stock as Loan Collateral to Secure Working Capital

July 14, 2016 staronepr Leave a comment

As Banks and Financial Institutions Tighten Lending Criteria, Stock-Based Loans May Offer Some Investors an Attractive Alternative to Raise Capital.

Indianapolis, IN, USA — Equities First Holdings, LLC (EFH, http://www.equitiesfirst.com), a global lender and a leader in alternative shareholder financing solutions, is seeing more traction in margin loans and stock-based loans in an economic climate where banks and other institutions have tightened lending criteria. For borrowers who need to raise capital quickly or who may not qualify for more conventional credit-based loans, equities lending is gaining popularity as an alternative.

While some options still exist for these individuals, recently, many banks have cut their lending options for borrowers, tightened loan qualifications, and increased interest rates. Al Christy, Jr., Founder and CEO of EFH, sees loans collateralized by stocks as an innovative borrowing alternative for individuals seeking working capital. Stock-based loans typically have a higher loan-to-value ratio than margin loans and offer a fixed interest rate, providing certainty throughout the life of the transaction.

“During a typical three-year loan term, market fluctuation is inevitable, but stock-based loans provide a hedge because the borrower is lowering his or her investment risk in a downside market,” said Christy. “Most stock-based loans have a non-recourse feature that allows a borrower to walk away from a stock loan at any point, even if the stock’s value depreciates. The borrower is able to keep the initial loan proceeds with no further obligation to the lender.”

As Christy notes, some consider margin loans and stock-based loans to be synonymous. Although both forms of financing use securities for collateral, there are marked differences.

With a margin loan, the borrower must be pre-qualified, as with a conventional bank loan, and may require the money to be used for a specific purpose. The interest rates are variable and the borrower can expect loan-to-value ratios between 10 and 50 percent. In addition, the lending firm may liquidate the borrower’s collateral without warning in the event of a margin call.

With stock-based loans, borrowers can expect a fixed interest rate between three and four percent and a loan-to-value ratios ranging from 50 to 75 percent. There also are no restrictions on the loan, so the money can be used for any purpose. In addition, most stock-based loans are non-recourse, so borrowers can walk away without obligation, even if the value of the collateral stock has decreased.

“Any form of financial transaction has some risk associated with it,” said Christy, “But stock-based loans have been historically ignored as a viable borrowing option largely because a number of unscrupulous lenders have unceremoniously dumped borrowers’ collateral into the open market, failed to return stocks upon transaction maturity, or failed to address other concerns. We have built our business on a code of integrity and transparency and we rely on leading legal, regulatory, and trading institutions for counsel. Our mission is to deliver maximum benefit with minimum risk so our customers can meet their personal and professional financial goals.”

About Equities First Holdings
Since 2002, Equities First Holdings, LLC (EFH) has provided clients with alternative financing solutions, supplying capital against publicly traded stock to enable clients to meet their personal and professional goals. EFH provides capital against shares traded on public exchanges around the world. The company has completed more than 650 transactions worth more than $1.4 billion to date, offering customers high loan to values at low fixed interest rates.

Media Contact:
Brandon Russell
+1-317-429-3500
media@equitiesfirst.com

Financial

Leading Orlando Pawn Shop Godfather Pawn Announces Acquisition of East Colonial Drive Based Pawn Shop American Pawn

July 3, 2016 flashnewsrelease Leave a comment

Moving from success to success top rated Orlando pawn shop Godfather Pawn recently celebrated acquiring fellow Orlando pawn shop American Pawn, also located on East Colonial drive of the city.

Orlando, FL, July 03, 2016 — Moving from success to success top rated Orlando pawn shop Godfather Pawn recently celebrated acquiring fellow Orlando pawn shop American Pawn, also located on East Colonial drive of the city. Now with four locations in Florida, all with the same dedication to quality, service and fair, loan services.

Finding a high quality pawn shop in Orlando is about to become much more simple. Leading Orlando pawn shop since 2009, Godfather Pawn recently announced they are expanding from three locations to four with their recent purchase of American Pawn, located on East Colonial Drive. With work underway to open the latest Godfather Pawn soon, the new East Colonial Drive location will feature the same winning policies that has made the chain such a success in the state.

“We’re really looking forward to opening our latest location,” commented a spokesperson from Godfather Pawn. “We’re very grateful for the support and goodwill of the community here in Orlando and we look forward to continuing to deliver the best service to them we possibly can.

According to the company, all four locations feature buy, sell and pawn services as well as 10% pawn loans. Godfather Pawn also offer a convenient online appraisel at their company website for customers considering pawning or selling an item and would like information on what they could expect to get for it.

For more information be sure to visit http://godfatherpawn.com.

Press & Media Contact:
Mark Daniels
Idrive Media Group
Orlando, FL – USA
407-900-7296
mark@idrivemediagroup.com

Home

Financial

Australian House Prices Soar Due to Negative Gearing!!!

June 6, 2016 flashnewsrelease Leave a comment

So called experts get it wrong again – By Gary Lanyon

Victoria, Australia, June 4th, 2016 — There are many theories as to why Australian housing prices have soared over the past decade, most of these so called experts look to peripheral factors with flimsy evidence to back up their claims.

Negative gearing is one of their pet factors they claim has caused residential housing prices to soar however, this has been government policy for over 25 years and their claims are flawed as I will explain later in this article. Negative gearing was originally designed to increase the rental housing supply and figures indicate that the policy is an outstanding success for both tenants and investors. Investment housing as indicated below in graph 1 now matches home owners in value and thus any disruption to this policy will cause a major downturn in the Australian housing market.

The obvious cause of soaring housing prices is the collapse in interest rates over the past 8 years, falling by as much as 6%, from 7.75% in 2008 to 1.75% in March 2016 as indicated in graph 2. The collapse in interest rates allows home buyers to borrow more against their current homes or investment property thus increasing the value of the housing stock. This spiral upwards is to the despair of first home buyers who struggle to catch up with the ever increasing values. Retirees also suffer as bank interest is no longer an option for retirement income.

The Australian Labour Party (ALP) have seized on a flawed report on Negative Gearing by The Grattan Institute to push their cause. The Grattan Institute fails to address interest rates as the main case of the property boom and naively suggests investors should buy new homes on the fringe of suburbia where capital growth is lowest and any resales compete directly with the cost of construction rather than demand.

Furthermore, the ALP policy would also reduce the number of buyers in the property market by around a third with the property sector being split equally in three areas, Tenants, Investors and Home Owners. This naive policy to change the current negative gearing policy is at the peril of most Australians as the stampede to sell early will have catastrophic consequences on the Australian economy and unemployment, with a third of all property purchasers vacating the property market to look for more lucrative investments and Tenants finding accommodation almost impossible to secure.

Also, had The Grattan Institute simply looked across the ditch, they would find that the New Zealand taxation system doesn’t have a Capital Gain Tax at all and personal taxation rates are significantly lower than Australia’s being 10.5% = $0 to $14,000; 17.5% = $14,001 to $48,000; 30% = $48,001 to $70,000 and 33% thereafter. Other countries in our region (Singapore 17%, Hong Kong 16.5%) similarly have significantly lower taxation rates than Australia’s.

Finally, The Grattan Institute article seems to be a naïve attempt to increase taxation on flimsy evidence where in contrast, the majority of evidence is that Australia’s taxation system as simply uncompetitive with the rest of the world.

Click here http://www.propertyscouts.com.au for more information about Property Investments in Property Scouts.

Press & Media Contact:
Gary Lanyon
Property Scouts Pty Ltd
Level 1, 181 Bay Street
Brighton, VIC, 3186 – Australia
(03) 9028 2660
info@propertyscouts.com.au
http://www.propertyscouts.com.au

Business, Financial

Market Rates Insight TrendSpotter Analysis Reveals Banks Ignoring the Data and Abandoning Potential Fee Revenue

May 16, 2016 staronepr Leave a comment

New Analysis Using MRI’s TrendSpotter Report Shows that Reducing Fees Has Little or No Impact on Deposit Growth.

San Anselmo, CA, USA — According to a recent analysis published by CenterState Bank, banks are reducing fees on deposit accounts despite the fact that fees seem to have little or no impact on the current increase in deposit balances. The analysis was developed using TrendSpotter, a new research tool that tracks accumulated fee trends for banks and credit unions nationwide produced by Market Rates Insight, Inc., the leader in financial services pricing intelligence for deposits, personal loans, mortgages, and fees.

According to the TrendSpotter analysis, service charges have been declining for banks of every size over the last quarter – deposit fees averaged $8.42 per month in December and declined to $7.92 the end of first quarter. At the same time, balances required to open accounts have dropped by 15 percent since December, and the average balance to waive fees has dropped 6.6 percent. The decline in deposit fees seems counterintuitive in a market climate where deposit balances are increasing as a result of behavioral economics rather than fee elasticity.

“We have looked at this all different ways and find this borderline irrational. Our only conclusion is that banks are not looking at the data,” wrote Chris Nichols, Chief Technology Officer of CenterState Bank and author of the analysis. “As long as you are not drastic, you can raise fees, lower fees or leave fees the same and you are still going to get more deposits. If you are not, it is a marketing/value problem, not a fee problem.”

As Nichols notes, that fee elasticity is negative in most markets, and even banks that have not lowered fees on deposit products are still increasing deposit balances. Banks that did not raise deposit fees for the quarter saw an increase of 2.3 percent, while banks that did raise fees increased deposits 2.1 percent, indicating that consumers are clearly not fee sensitive.

Nichols’ conclusion is that this is the perfect market climate for banks and credit unions to consider raising fees without risk. Banks that are lowering fees in order to attract new customers and increase deposit balances, and are ignoring the market data and abandoning possible revenue at a time when banks and credit unions are facing near record-low net interest margins.

About TrendSpotter
TrendSpotter is a unique tool that gives bank and credit union executives an understanding of accumulated fee trends in the marketplace. Data is extracted from Market Rates Insight’s FeeBuilder, the first database of retail deposit fees that tracks overdraft, non-sufficient funds, monthly service charges, ATM fees, wire transfer, on checking, money market, savings, certificate of deposit, and more. TrendSpotter extracts trends from the FeeBuilder database and provides a picture of fee pricing and penalties for banking products nationwide. User can overlay their own fee pricing to create a trend line that shows how the competition affects revenue, attrition, and volume for their own fee-based products.

TrendSpotter is issued quarterly on an annual subscription basis. For more information, visit http://www.marketratesinsight.com/news/MRI_TrendSpotter.aspx.

About Market Rates Insight
For over 30 years, Market Rates Insight has helped banking executives make better informed pricing decisions. The company serves banks and credit unions nationally with competitive information on deposits, consumer loans, mortgages, and fees. Market Rates Insight provides the most granular historical and refresh pricing data in the industry, helping financial decision makers plan and prepare for likely changes in rates and products. The company’s cloud-based system provides timely and precise competitive data supported by usable graphs and charts.

Market Rates Insight is located in San Anselmo, California. For more information, see http://www.marketratesinsight.com.

Contact:
Tom Woolf
Market Rates Insight
(415) 259-5638
tom.woolf@marketratesinsight.com

Consumer Services, Financial, Retail, Small Business

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

March 15, 2016 EPR Network Leave a comment

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

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

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

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

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

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

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

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

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

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

Accounting, Financial, Human Resources, Internet & Online, Management, Small Business

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

May 4, 2015 EPR Network Leave a comment

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

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

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

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

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

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

Business, Financial

Ten Questions by Edgar Perez about Navinder Singh Sarao, the Man who Allegedly Caused the Flash Crash

April 24, 2015 staronepr Leave a comment

Building off of the momentum of past successful workshops, Edgar Perez is bringing Cybersecurity Boardroom Workshop 2015, seminar specifically designed for board members, senior executives and entrepreneurial business professionals looking for new ways to gain and maintain competitive business advantage in one of the most critical subjects for corporations and governments worldwide.

New York City, NY, USA (April 23, 2015) — The U.S. Commodity Futures Trading Commission (CFTC) yesterday announced the unsealing of a civil enforcement action against UK resident Navinder Singh Sarao. The CFTC complaint charges Sarao with “unlawfully manipulating, attempting to manipulate, and spoofing” the E-mini S&P 500. The complaint had been filed under seal on April 17, 2015 and kept sealed until yesterday’s arrest of Sarao by British authorities acting at the request of the U.S. Department of Justice.

According to the complaint, Sarao’s “manipulative activities” contributed to an extreme E-mini S&P order book imbalance that contributed to market conditions that led to the Flash Crash on May 6, 2010. The surprising nature of this announcement raises more questions than answers:

• Shall we believe that a single low-tech trader living in a leafy street of a London suburb contributed in any significant way to the Flash Crash?
• Why would the authorities rush to charge Sarao for the biggest financial markets breakdown just before the statute of limitations is expiring?
• Why would professional traders fall for the rudimentary and well-known strategies employed by this individual and let him pocket millions?
• Would this trader be the only market participant who engaged in this type of strategies during the “relevant period”?
• Why is the U.S. Securities and Exchange Commission not joining the CFTC in this action after authoring a joint report about the Flash Crash?
• Was Waddell & Reed behind the unnamed whistleblower in an effort to clean its name and enhance its reputation?
• Why did regulators have to rely on a whistleblower to build the case having had the opportunity to pinpoint this behavior five years ago?
• Is Waddell & Reed getting ready to sue the CFTC and SEC for hundreds of millions of dollars in lost business and defamation?
• Why would regulators let Sarao operate in the markets and engage in similar trading strategies as in the Flash Crash eight more times?
• Wasn’t one Flash Crash enough to better police the markets and stop Sarao for good?

These ten important questions are raised by Edgar Perez, author of Knightmare on Wall Street and The Speed Traders; in the latter volume, Mr. Perez dedicated an entire chapter to explain the Flash Crash, in the chapter entitled “The Real Story Behind the ‘Flash Crash'”. “Who puts in a $4.1 billion order without a limit price? The trader at Waddell & Reed showed historic incompetence. On May 6, when markets were already under stress, the sell algorithm chosen by the large trader and set to target only trading volume, and neither price nor time, executed the sell program extremely rapidly in just 20 minutes. The execution of this sell program resulted in the largest net change in daily position of any trader in E-Minis since the beginning of the year. This was a human mistake. The trader easily could have put a price limit on the order but recklessly chose not to. The sell algorithm performed exactly as it was designed. Now that the regulators know what happened, what are they going to do? Is there any penalty for massively disrupting the market? Are we going to let people throw around billion dollar orders with no understanding of market impact?”

Mr. Perez is bringing Cybersecurity Boardroom Workshop 2015 to Dubai, Hong Kong, Seoul, Singapore, London and New York City. Members of the board, senior executives and entrepreneurial business professionals of public and private firms looking for new ways to gain and maintain competitive business advantage will congregate in each of these cities for inspiring 2-day sessions these upcoming months of April and May.

Mr. Perez is a published author, business consultant for billion-dollar private equity and hedge funds and Council Member at the Gerson Lehrman Group, with subject matter expertise in cybersecurity, investing, trading, financial regulation (Dodd-Frank Act) and market structure. Mr. Perez has presented his workshops in cities around the world, including Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing and Shanghai. He contributes to The New York Times and China’s International Finance News and Sina Finance.

ABOUT CYBERSECURITY BOARDROOM WORKSHOP 2015
Cybersecurity Boardroom Workshop 2015 (http://www.cybersecurityboardroomworkshop.com) is a must-attend forum for board members, CEOs, CFOs, COOs and executive managers who need to become more educated about cyber security in order to ask questions that are strategic yet granular enough to address company specifics. Cybersecurity Boardroom Workshop 2015 is targeted at corporate decision-makers for whom cybersecurity readiness is a relatively new yet critically important area to be intelligently conversant about.

Adobe, ADP, E*Trade, Fidelity, Home Depot, JPMorgan Chase, Nasdaq, Neiman Marcus, Sony, Target and Wal-mart are just a few of the large companies that have suffered high-profile cyber security breaches. Cybersecurity Boardroom Workshop 2015 is specifically designed for boards of directors and senior executives of public and private firms looking for new ways to gain and maintain their competitive advantages. Business executives with responsibility for IT, finance, compliance, risk management and procurement as well as entrepreneurs and innovators are welcome to add their points of view to the debate.

ABOUT EDGAR PEREZ
Mr. Perez is the author of Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (2013), and The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), Published in Mandarin by China Financial Publishing House (2012), and Investasi Super Kilat, published in Bahasa Indonesia by Kompas Gramedia (2012).

Mr. Perez has been interviewed on CNN’s Quest Means Business, CNBC’s Squawk on the Street, Worldwide Exchange, Cash Flow and Squawk Box, FOX BUSINESS’s Countdown to the Closing Bell and After the Bell, Bloomberg TV’s Market Makers, CNN en Español’s Dinero, Sina Finance, BNN’s Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia’s Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been featured on Sohu, News.Sina.com, Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com, International Finance News, hexun.com, Finance.QQ.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present to the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC 2012 (Shanghai), U.S. Securities and Exchange Commission (Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Beijing), Hult International Business School (Shanghai) and Pace University (New York), among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Cyber Security World Conference 2014 (New York), Inside Market Data 2013 (Chicago), Emerging Markets Investments Summit 2013 (Warsaw), CME Group’s Global Financial Leadership Conference 2012 (Naples Beach, FL), Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor’s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Previously, he managed Operations and Technology for Peruval Finance. Mr. Perez has an undergraduate degree in Systems Engineering from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez resides in the New York City area with his wife Olga, son Edgar Felipe and daughter Svetlana Sofia.

Media Contact:
Julia Petrova
Media Relations Coordinator
The Speed Traders
+1-414-FORUMS0
msjuliapetrova@aol.com
http://www.mredgarperez.com

Financial, Law, Media, Real Estate

VIVIER MORTGAGES LIMITED “VML” AND LUIGI WEWEGE MEDIA STATEMENT

February 24, 2015 EPR Network Leave a comment

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

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

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

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

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

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

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

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

Media Contact

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