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CICG Cic Gold Grp

1.425
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Cic Gold Grp Investors - CICG

Cic Gold Grp Investors - CICG

Share Name Share Symbol Market Stock Type
Cic Gold Grp CICG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.425 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.425 1.425
more quote information »

Top Investor Posts

Top Posts
Posted at 15/4/2023 12:42 by the diddymen
sparty, at least for those years we have made it clear that Fatboy could not be trusted with investors' funds. We were correct. To that end the job is done.

From a personal perspective I am interested to see now whether Fatboy has a scintilla of reasonableness and liquidates the formerly quoted companies so that investors can reclaim capital losses. Probably not. That is why he is a Fatboy.

If you were going to do something useful in retirement sparty you could approach HMRC to see what options are available.
Posted at 09/3/2023 12:15 by sparty1
"Boaters are bores" They are in fact hats...

Anyway ,you remember I said I did some paid mkt research for barx "smart investor" last year. Suggested they bring back trading on foreign exchanges. Well it`s happening from this month.
So anyone with barcs can now transfer their INOMED shares into their accounts once listed...IF listed.. I`m sure the three stooges wish us all luck! :)
Posted at 09/1/2023 12:08 by sparty1
"You really are an idiot, moron & complete waste of space!"

Angry at yourself at investing? lol.. People reading your regular diatribes may not know you were ...er sorry ..still are an investor!Who instead of putting it down to experience or doing something positive like taking legal action sits at a keyboard spouting bile! Very self destructive behaviour. If I hated Stewie as much as you I`d track him down and make him an offer he could not refuse..Not flap my lips on here.
KEYBOARD COWARD!

PS.. have a look at danny on the vog page.. he is just like you..all bile and no action.
Posted at 06/1/2023 12:48 by enfranglais
You really are an idiot, moron & complete waste of space!
A number of people were conned by Stewpid at the time he supposedly had inward investment by the employees, a Japanese & a Canadian investor which turned out to be another of his cons!!!!!!
If you have ever read about any of his court cases, you will realise that even if he lost a court case, he would just leave the jusrisdiction of that court. He is an out & out crook & plays the system, which cannot cope with crooks like that & they know it!! PLONKER
Posted at 04/1/2023 15:50 by sparty1
Calling people a crook? Watch the defamation laws fraggle!What happened to cicc/cicg/ happens to dozens of aimers every year including the last one. I will repeat as you apparently do not listen...no one has asked me for a cent since I originally bought in about a decade ago. In addition i could have sold both holdings but chose not to. One holding I could have sold AFTER de listing but chose not to.
A crook would regularly induce investors to cough up cash. That is not happening here.

New years resolution for fraggle " Concentrate on where I`m invested" Forget past obsessions...
Join a sewing group. :)
Posted at 08/12/2022 13:41 by enfranglais
Pants - As u well know with Stewpid, it is what INOMED are you talking about!!
All Stewpid`s FANTASY COMPANIES have a name either the same or closely linked with successful ones!!!!!!!
His, will never return money to small investors, as his previous attempts should have told you!!!!!!!
You never learn, like the mad fools who play the slot machines, the odd one wins but 99,99 % are conned out of their hard earned, as Stewpid has been doing for years!!
Posted at 22/8/2022 08:56 by sparty1
I`m not interested in assessing the company!I have no intention of putting in any money and have never been asked to.
I`m just tuning in to the current processes....and reading the emails sent to me.It is a very quick process for me but a lot of work for cicc and for that matter INOMED.
Why bother if there is no intention? Why bother informing investors who had small amounts invested yonks ago?
Posted at 16/8/2022 17:11 by enfranglais
We can only speculate but if UK `investors` (for that read mugs - including myself originally)have been well warned of the Fantasy or Fraud, perhaps Stewpid is looking for other idiots to sell another Fantasy or Fraud? How else does an illiterate, downbeat, second hand car salesman make his millions?
Posted at 15/8/2022 10:33 by sparty1
This share holder up date is response to questions being asked by our shareholders:

1 What is the expected listing date?;

2 What is the management performance since appointment on April 15, 2020?;and

3. What is the expected share trading price and share holder return?



1. What is the expected listing date?

The Company’s is not permitted or unable to promote an expected listing date.



The regulatory reviews of the prospectus are largely complete save for the review of any requirement for updated financial statements. The listing timetable is now solely on the regulatory review outcomes and our response to any additional requirement that are imposed beyond the standard form prospectus that the Company has provided. The Company can disclose matters that have impacted the timing to date. Initial reviews have required ten (10) different sets of financial statements to meet regulatory acceptance given the complexity of transactions and intangible asset valuations.



The initial filing was made in January 2021.



A three-month delay in late 2021 was due to the request to calculate and disclose a cost in the financial statements for the shareholder protection provision (Top Up) against a potential share price falling below US$0.29. This required a complex derivative calculation and an analysis of the volatility of listed peer companies over the preceding two years. The Derivative Cost is disclosed in the financial statements from Q3 2021. Q3 Financial statements reviewed with the auditor is a precedent interim financial statements and has been valuable in timely filings of Q1 2022 and most recently Q2 2022.



The Company has engaged with the Regulator throughout the first quarter. Subsequent to Q1 2021, the Regulator paused review until the completion of the independent audit of the 31 December 2021 Financial Statements that was completed in May 2021. In June 2022 there was a requirement for Q1 2022 Financial Statement to be submitted. The Company at the time of this shareholder update has completed Q2 2022 Financial statements and will be filed shortly. the Regulator also requires the quarterly financial statements to be submitted with a confirmation and comfort letter from the Company auditors, again a time and cost imposition.



RSM Canada, the Company auditors, have been very focused to speed up their review processes required because of the significant judgements required in our financial statement disclosures through derivative analysis. The depth of knowledge that they now have is of great assistance to the Company’s ability to respond to the Regulator’s requirements more quickly.



The Regulator has now requested the Share Purchase Agreement (former Class two members) be updated to meet their requirements. Those affected will receive an email of changes requested by the regulators.



Usual practice for a Company of our status is for the Regulator to require a Sponsor. Due to the cost involved, the fact that the prospectus is non-offering (not raising capital) and the experience of the Company’s management and Board of Directors, the Company will seek a derogation not to have a regulated Sponsor. There is no certainty the derogation will be granted. The Appointment and Sponsor review can take up to three months.





2. What is the management performance since appointment on April 15, 2020?

The Company is pleased to provide the achievements of management since their appointment which became effective from April 15, 2020 where they replaced Board control from Innovative Medicine Partners, LLC (“IMP”).



Management and the Board of Directors have focussed on implementing proper stewardship on capital raised, noting that cash of US$3,800 at the time of assuming their positions was not sufficient to pay liabilities.



The objectives of the team, consisting of new and some legacy people, were and remain to increase shareholder value by:

· Establishing a governance framework

· Addressing legacy issues / conflict-of-interest / administrative lapses

· Preparing and secure listing of the Company

· Securing funding for activities and to meet liabilities

· Securing Patents in appropriate jurisdiction

· Acquiring FDA approval

· Completing design and development of the product



The table 2 below details the Boards performance and effective use of investor funds. The average monthly burn rate (amount of expenses per month) post new management is US$65,930 compared to US$186,167 under previous management.



Tabe 2







3. What is the Company target share price?

The peer companies used for the derivative analysis by the auditor as detailed in question 1 above shows at our current progression a share price between US$2.20 TO US$36.20 with a share price volatility of 22.2% (price rise or fall)



The Companies target share price is:

I) Short term US$0.60 to $1.20

II) medium term US$2.80 to $8.50



Please note that the Warrants issued has a doubling effect on return and investors.For future tax consideration investors should seek appropriate tax advice and can use the following method of Investment return calculation:



Shares issued + warrants multiply by share price subtract money paid = investment return



For US $100,000 subscription, shares issued 344,828:



344,828 (shares) + 344,828 (warrants) x 1.20 (target share price) – 200,000 (investment plus warrant exercise) = US$627,586

(capital again after deduction of cash investment)





www.InnomedTec.com

Billy Williams Disclosure Officer/Director +1 251 786 4695 BWilliams@InnomedTec.com




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Posted at 15/7/2022 02:24 by macnai
OUT OF AFRICA
"Uganda has announced that it has struck a deposit of 31 million tonnes of gold ore, with extractable pure gold estimated to gross 320,000 tonnes.

President Museveni broke news of the find in his State-of-the-Nation Address yesterday, but provided little detail, pointing in general that it would fetch the country more than $12 trillion.

Technocrats in the Ministry of Energy and Mineral Development, Mr Museveni noted, had informed Cabinet that the country was positioned to get slightly under $700m in royalty payments, with the investors poised to cash in on the windfall."

All that gold coming onto the market could depress the gold price!!!!!!!!!
hxxps://www.thecitizen.co.tz/tanzania/news/east-africa-news/uganda-announces-discovery-of-huge-gold-deposits-3842400

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