Milestone Group Share Discussion Threads

[jp1962] 17/12/2017 17:17

He sold in the spike but he may be expecting transformational news and as you can never be sure how the market will react he probably derisked.If Good news was not expected no way would he exercise 30 mill but buy in lower if he expected it to fall.I actually take comfort from the fact he put 150 grand back in!

[euclid5] 17/12/2017 16:54

Yes true, but mising the point of his 147m share sale - or a net 117m - so why did he sell this amount if it's going to make some large RNS blockchain announcements

To me it doesn't quite add up

I emailed MSG last week on asking some basic info from their Corporate update news releas & no reply yet

[jp1962] 17/12/2017 16:49

Euclid What would be the point of paying 0.5p for shares in a company that is not expected to do well! £150K is not chicken feed!

[euclid5] 17/12/2017 16:05

JP, If there is good news then why did S King sell down 147m shares - & assuming he keeps his 30m warrant shares - that's still a net 117m shares he has old down

Sorry I meant 0.5p ! Suggests they know good news around the corner!

[comedy] 17/12/2017 15:39

ps i think director options are at 0.5p...im expecting a new ceo as says interim ceo? or do you think he will be made permanent?

[comedy] 17/12/2017 14:13

so question is what does black cactus global have ???

The Company also issued security agreements whereby it granted Bellridge a security interest in its assets and intellectual property. The obligations of the Company to repay the Note is guaranteed by the Company's subsidiaries.

intellectual property!!! and I believe this is the blockchain app which they will be launching. once launched the volume seen here will like many blockchain stock when stock is no longer under the radar!!!

[comedy] 17/12/2017 14:10

On November 27, 2017, Black Cactus Global, Inc. f/k/a Envoy Group Corp. (the "Company") entered into an agreement with Bellridge Capital, L.P. ("Bellridge"), an unrelated third party. Bellridge is loaning the Company a minimum of $500,000.00 to a maximum of $1,500,000.00. The first tranche of $500,000.00 will be paid at Closing. In connection with the loan, the Company is issuing Bellridge its Senior Secured Convertible Promissory Note for $500,000.00 which has a maturity date of one year and is due on November 27, 2018. The interest rate is five percent (5%) per annum. The Note may be converted at the lesser of $.10 per share or seventy percent (70%) of the lowest traded price of the Company's common stock for twenty consecutive days immediately prior to the conversion date. The Note may be prepaid in accordance with the terms set forth in the Note. The Note also contains certain representations, warranties, covenants and events of default including, among other things, if the Company is delinquent in its periodic report filings with the Securities and Exchange Commission (the "SEC"). If an event of default occurs, the amount of the principal and interest rate due under the Debenture increases and, at the option of the Bellridge and in its sole discretion, it can deem the Note immediately due and payable.

Bellridge will not affect any conversion which will result in its holding more than 4.99% of our common stock. The Note provides for certain penalties for failure to timely deliver stock and contains other protective provisions for Bellridge. $500,000 principal amount of the Note has been funded, the next tranche of $500,000 will be due in 5 days after the Company receives its first comments concerning the registration statement to be filed and the final tranche of $500,000 will be funded upon the effectiveness of the registration statement that we will file covering the shares of our common stock issuable upon conversion of the notes.

The Company and Bellridge also entered into to a Securities Purchase Agreement dated November 27, 2017 (the "SPA"). Pursuant to the SPA, the Company is required to issue 2,793,296 shares of its common stock to Bellridge in connection with the Loan. The Company is also issuing a warrant to Bellridge to purchase 7,894,737 additional shares of the Company's common stock for a period of four years commencing on May 27, 2018 at an exercise price equal to the lesser $.10 per share or seventy percent (70%) of the lowest traded price of the Company's common stock during the prior twenty consecutive trading days.

In connection with the Note and SPA, the Company also entered into a Registration Rights Agreement obligating the Company to register the shares issuable upon conversion of the Note with the Securities and Exchange Commission. The Company also issued security agreements whereby it granted Bellridge a security interest in its assets and intellectual property. The obligations of the Company to repay the Note is guaranteed by the Company's subsidiaries.

[comedy] 17/12/2017 14:10

On November 27, 2017, Black Cactus Global, Inc. f/k/a Envoy Group Corp. (the "Company") entered into an agreement with Bellridge Capital, L.P. ("Bellridge"), an unrelated third party. Bellridge is loaning the Company a minimum of $500,000.00 to a maximum of $1,500,000.00. The first tranche of $500,000.00 will be paid at Closing. In connection with the loan, the Company is issuing Bellridge its Senior Secured Convertible Promissory Note for $500,000.00 which has a maturity date of one year and is due on November 27, 2018. The interest rate is five percent (5%) per annum. The Note may be converted at the lesser of $.10 per share or seventy percent (70%) of the lowest traded price of the Company's common stock for twenty consecutive days immediately prior to the conversion date. The Note may be prepaid in accordance with the terms set forth in the Note. The Note also contains certain representations, warranties, covenants and events of default including, among other things, if the Company is delinquent in its periodic report filings with the Securities and Exchange Commission (the "SEC"). If an event of default occurs, the amount of the principal and interest rate due under the Debenture increases and, at the option of the Bellridge and in its sole discretion, it can deem the Note immediately due and payable.

Bellridge will not affect any conversion which will result in its holding more than 4.99% of our common stock. The Note provides for certain penalties for failure to timely deliver stock and contains other protective provisions for Bellridge. $500,000 principal amount of the Note has been funded, the next tranche of $500,000 will be due in 5 days after the Company receives its first comments concerning the registration statement to be filed and the final tranche of $500,000 will be funded upon the effectiveness of the registration statement that we will file covering the shares of our common stock issuable upon conversion of the notes.

The Company and Bellridge also entered into to a Securities Purchase Agreement dated November 27, 2017 (the "SPA"). Pursuant to the SPA, the Company is required to issue 2,793,296 shares of its common stock to Bellridge in connection with the Loan. The Company is also issuing a warrant to Bellridge to purchase 7,894,737 additional shares of the Company's common stock for a period of four years commencing on May 27, 2018 at an exercise price equal to the lesser $.10 per share or seventy percent (70%) of the lowest traded price of the Company's common stock during the prior twenty consecutive trading days.

In connection with the Note and SPA, the Company also entered into a Registration Rights Agreement obligating the Company to register the shares issuable upon conversion of the Note with the Securities and Exchange Commission. The Company also issued security agreements whereby it granted Bellridge a security interest in its assets and intellectual property. The obligations of the Company to repay the Note is guaranteed by the Company's subsidiaries.

[jp1962] 17/12/2017 11:33

Sorry I meant 0.5p ! Suggests they know good news around the corner!

[euclid5] 17/12/2017 10:57

read the rns the strike price is 0.005p NOT 9.5p

[jp1962] 17/12/2017 10:45

Why buy back 30 million shares at 9.5p though .He knows what's coming in my view.

[euclid5] 17/12/2017 10:08

even though S King converted his 30m warants - he recently sold off 147m shares

[euclid5] 17/12/2017 10:03

comedy, where the link that shows Bellridge has invested in Envoy or Black C Global please as i can't see this on their website

hxxp://bellridgecapital.com/

[comedy] 17/12/2017 06:59

Robert Klimov CIM -Managing Partner
Robert Klimov, CIM, is the founder and managing partner of Bellridge Capital, LP. Prior to establishing Bellridge, Robert was a senior WTI crude oil trader at Cedarcroft Capital LLC where he managed volatility arbitrage activities. He began his financial career with CIBC Capital Markets where he held various roles of increasing responsibilities. Soon after joining CIBC he was promoted to the bank’s equity trading desk. Robert holds the Canadian Investment Manager (CIM) designation. Robert believes that investment strategy formulation is a continuous and relentlessness process that is always reflective of new business paradigms. He encourages round-table discussions and the brainstorming of new ways of thinking with all of his colleagues in order to remain innovative. Human capital is extremely important to Robert and is a critical element in his decision-making processes

[comedy] 17/12/2017 06:58

About us

Bellridge Capital is an investment firm that specializes in providing growth and development capital to emerging small and mid cap public and private companies. Unlike brokers or finders, our firm invests its own capital into transactions designed to build long-term working relationships and promote mutual growth.

Areas of expertise: convertible notes and debentures, equity lines of credit, bridge loans and registered deals

- A systematic approach for strategic value
- Critical market analysis and due diligence

[comedy] 16/12/2017 21:49

The expanded agreement additionally allows Milestone to use
the Black Cactus Global Blockchain platform to build bespoke solutions
whilst developing its own IP

this is the key..the other business we have known about..it is the crypto platform to real commodities and equities !!!!

[jp1962] 16/12/2017 21:45

Comedy this is good research and should also be posted on other board.The resident deramper there posting old stuff all through the day and evening lol.This research will shut him up

[comedy] 16/12/2017 21:35

Envoy Group Corp Acquires Exclusive License to Unique Digital-to-Real Financial Trading and Processing Platform; Changes Name to Black Cactus Global

this is what they all want. the co. has stated all will be done this year so effectively 2 weeks to reveal the full deal and put the cards on the table.

[comedy] 16/12/2017 21:34

also explains why we get a cut of their deals worldwide and any deals or opening we gain them we get a cut of it too!!!

[comedy] 16/12/2017 21:33

that is the gold material...have to wait out the company releasing the info...but that platform goes life and we are going to go metal share price wise and revenue wise...

also explain swhy we have given them 30% of out stock..and for them to get us to vote it through they will need to announce the deal more openly!!!

[comedy] 16/12/2017 21:32

The Company will offer the first fully functional, state-of-the-art Transaction Processing Service that accommodates a comprehensive and secure Global Payment and Financial Trading Platform which allows users to easily move from Fiat to Digital currencies and from Digital currencies to real commodities or equities. This groundbreaking platform design is mobile device ready and will be a critical component for expanding and reconciling cryptocurrency transactions that now average 3 Billion dollars per day, as well as extending Blockchain into numerous additional sectors and applications. Multiple currencies, multiple exchanges and a wide array of applications are all available to platform users.

[comedy] 16/12/2017 21:30

who are bellridge??


Bellridge Capital, L.P. ("Bellridge") and why would they lend 1.5mill to envoy???:))))