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ONZ Onzima Ventures

1.25
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Onzima Ventures Investors - ONZ

Onzima Ventures Investors - ONZ

Share Name Share Symbol Market Stock Type
Onzima Ventures ONZ London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.25 1.25
more quote information »

Top Investor Posts

Top Posts
Posted at 17/10/2016 08:14 by superg1
Isn't it the first paragraph where it falls down as all the talk here is about N4 pharma when the policy states resources sector.

The Company will seek to invest a minimum of 75 per cent. of its deployable capital in, and/or acquire companies or interests within, the natural resources sector - in which the new Directors have substantial experience as founders, investors and advisers.

Just trying to guess. I see they did a loan with N4 too which they can do but state were not going to at this time re loans.

The first thought is something to do with N4.
Posted at 17/10/2016 07:45 by cufes2
Hmmm . . .

Investing Policy

Accordingly the Company has adopted the following Investing Policy:

The Company will seek to invest a minimum of 75 per cent. of its deployable capital in, and/or acquire companies or interests within, the natural resources sector - in which the new Directors have substantial experience as founders, investors and advisers.

The Company will participate as investors in fundraisings for entities being admitted to trading on AIM, in secondary fundraisings, or where such entities plan to be admitted to trading on an Exchange within 18 months of investment by the Company.

Investments are likely to be held for the short to medium term in the case of publicly-traded holdings and for the longer term in respect of private holdings until there is a liquidity event when the Company may seek to reduce its exposure. There will be no minimum or maximum limit on the length of time an investment is held.

Initially the geographical focus will be Africa and North America but investments may be considered in other regions to the extent that the Board considers that an opportunity exists where significant returns can be made.

The Company may also invest in assets, projects or joint ventures using equity or debt structures, gaining direct exposure. Investments will generally be made on a passive basis unless there is a requirement to provide management or other expertise to the investee entity in seeking to generate positive returns for the Company.

In selecting investment opportunities, the Board will focus on companies, assets and/or projects that it believes are available at attractive valuations and where there is an opportunity to benefit from value uplift. The Company's equity holdings or interests may range from a minority position to 100 per cent. ownership.

The Directors will conduct due diligence appraisals of potential investments, businesses or projects and, where they believe further diligence is required or warranted, intend to utilise appropriately qualified persons to assist. The Directors believe they have a network which is likely to provide various opportunities which may prove suitable.

The Company does not plan to have cross-holdings in entities save where there is a portfolio of related assets outside of the Company's control.

The Board considers that as investments are made, and new investment opportunities arise, further funding of the Company may also be required which is likely to be in the form of equity, until such time as the Company is self-funding.

It is intended that returns for Shareholders will initially be in the form of capital growth, subject to appreciation in the value of the investments made by the Company. In the longer term, if the Company becomes cash generative, then the plan will be to put in place an appropriate dividend policy as appropriate for a Company with its activities at that time.

The Company plans to have a maximum of fifteen investments / interests at any one time. Though there will be no maximum exposure to any one investment, it will generally seek to diversify its portfolio holdings. The Company's financial resources may ultimately be invested in a number of propositions or in just one investment, which may be deemed to be a reverse takeover pursuant to Rule 14 of the AIM Rules requiring shareholder approval.

The Company also intends to acquire over a period of time a diversified portfolio of royalties. These will consist, in varying proportions, of royalties over:

- producing properties purchased at a discount to perceived value; 16 - producing properties with enhanced production possibilities; and

- non-producing properties where advanced exploration is likely.

It is intended that over the longer term the royalty investments will provide cashflow to finance further investment opportunities, minimising dilution to Shareholders through reduced equity financing requirements.

The Company does not currently intend to fund any investments with debt or other borrowings but may do so if appropriate. The Board may also offer New Ordinary Shares in the capital of the Company by way of consideration as well as utilising cash, preserving the Company's cash for additional opportunities and working capital.

Following on from adopting an Investing Policy, the Company will be required to make an acquisition or acquisitions which constitute a reverse takeover under the AIM Rules or otherwise implement its Investing Policy within 12 months of the General Meeting, failing which the ordinary shares would then be suspended from trading on AIM. If the Investing Policy has not been implemented within 18 months of the General Meeting the admission to trading on AIM of the ordinary shares would be cancelled and the Directors will convene a general meeting of the Shareholders to consider whether to continue seeking investment opportunities or to wind up the Company and distribute any surplus cash back to Shareholders.
Posted at 15/9/2016 16:12 by fishybits
Someuwin

When I met NT at the O2,he did impress me with his drive & ambition to take N4 & ONZ forward, I asked him about his last company this is his reply "investors that stayed with me made £18m from a £1m investment, I have done it all before & I will do it again"

That sums up why I am here, some shares you trade, this one you hold
Posted at 29/7/2016 11:35 by fido
Been a busy morning.
Very quickly before I set off, many here say that onz can increase their stake in N4. However there are those who consider that onz are already in breach of their investment policy.
Catch you later.

Is Onzima Ventures breaching it's investing policy?

By Gary Newman | Tuesday 8 March 2016

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I’ve been noticing a lot of chatter on Twitter about a small AIM investing company called Onzima Ventures (ONZ), so I decided to take a closer look to see if all the fuss was justified!

This company was previously known as Ultima Networks until October 15 last year when it changed its name, having disposed of all of its operating activities and then raised £750,000, before expenses, by issuing 107.1 million shares at 0.7p.

Last week it saw its share price rocket when it announced that it had acquired a 49% stake in a private company called N4 Pharma Limited, via the issue of 24.27 million Onzima shares (locked in for two years) plus £41,000 in cash.

On the face of it N4 Pharma looks quite interesting as it is in the biotech industry and reformulates existing drugs using it’s patented Cocrys and Nuvac technology platforms, plus founder Nigel Theobald has over 25 years in the industry.

As part of the deal Onzima also agreed to provide a loan facility of £209,000 to develop the business, at an annual rate of 5% and repayable after four years, and there has been much excitement on the chat forums about how great N4 and it’s products are – although it is yet to actually have any product approved or ready for market.

The main focus seems to be around a faster-acting alternative to existing Viagra, where the patent ran out in 2013, and there have been boasts about this market being potentially worth $4 billion.

With that in mind I find it somewhat strange that N4 Pharma has had to turn to a tiny AIM company like Onzima to secure the funding that it needs, as you’d think that potential investors would be crawling all over it if the product was that good!

It is hard to find that much information on N4 Pharma as it is privately listed, although its last accounts up to the end of March 2015 did show that it had trade creditors of over £52,000, with just £5,500 in the bank and net liabilities of nearly £37,000. This might suggest that it wasn’t in great financial shape, having only been set up a couple of years or so ago, yet Onzima has paid the equivalent of around £200,000 in cash and shares for it’s 49% stake.

Given the costs often associated with biotech and getting a final drug to market, even if it is only in a new form, I have to wonder how much more cash it is going to need in the future, as well as whether bigger companies are going to just stand aside and allow it to grab a share of the Viagra market, or that of any other major drug for that matter!

But what also interests me is whether Onzima is adhering to its investing policy, as set out when it changed it’s name and became an investing company.

It raised net proceeds of £650,000 from the equity issue, which amounted to its net cash at the time, and its investing policy states that it will seek to invest a minimum of 75% of its deployable capital in the natural resources sector – an area it’s CEO Gavin Burnell (of Globo infamy) knows well from previous directorships in companies such as Magnolia Petroleum (MAGP), plus a number of current ones.

Now I can’t help wondering if that leaves Onzima in breach of its investing policy, given that the money potentially loaned to N4 is no longer available to be invested as stated – although in terms of direct investment in N4 the company hasn’t breached the agreed 25% limit for non-natural resources based interests.

Aside from this Onzima also invested £50,000 in fellow AIM investment company Glenwick (GWIK) at 0.1p back in December, and seems to have flipped that in circumstances which raised eyebrows (HERE).

Onzima shares are currently trading at around 1.1p to buy and that gives a market cap of nearly £1.5 million, which represents a considerable mark-up to it’s actual asset value (given what it has paid for it’s share of N4 you would have to assume that is the current value of that 49% - although selling it to anyone else might not be easy so that is being generous!). There is also a £4 million debt technically due to the company as a result of the disposal of its previous assets, but any repayment of that will only benefit those holding special deferred shares, via any special dividend, which were issued when the capital was reorganised prior to the equity issue at 0.7p.

This could well see further spikes in the future, but I would expect the majority of those to be based more on hype than substance, and therefore consider this company to be extremely high risk and not one for novice investors or small PIs to consider risking their money in.

Even more so when I think there is the potential for questions to be raised about a possible breach of it’s investing criteria, plus the past few days are probably the first real chance that those 0.7p placees from back in October have had to offload at a profit, given very thin daily volumes for several months!
- See more at:
Posted at 24/7/2016 08:37 by keya5000
Dave what ever your opinion of ONZ is now and the ramping it gets is the fact you ramped UTN for several years promised all sorts of riches but left your fellow investors almost with a total loss not make your position now a tad hypocritical?

If I had ramped a share for several years with 'inferred' insider knowledge and misled my fellow investors to a nigh on total loss I would hope that the vehicle that came out of the ashes being ONZ in this case may actually do well and not compound my initial error further.

There is nothing wrong with the potential n4 holds and the current set up of ONZ you and I both know that.

One day you will be honest about your obsession here.
Posted at 23/7/2016 22:31 by fido
PC, absolutely nothing.
Whenever I sell its going to be at a loss and that loss is insignificant to me.
My shares in UTN/ONZ have been a bottom draw company for me for years and as I said I was not posting on the UTN board for about a year and a half before ONZ.
As I have said a great many times, UTN/ONZ are of little interest to me as such but the RAMPING of the stock is. You will almost certainly disagree with me but I have seen so many people lose so much money at the hands of the rampers that I actually find it offensive. Just as I highlighted yesterday you have got people here saying downright lies about the company and what is true is a gross exaggeration of it. Now you might find that acceptable in the interest of making a fast buck but I see it as ripping people off.
A lot of what is being said on this and other boards is pure fantasy but it is being portrayed as a cast iron certainty when it most certainly is not.
ONZ are a high risk casino stock but is being sold as easy money. If the stock itself wasn`t bad enough you only have to look at the people behind the company to see a history of investors losing their money.
To prove the point I will start posting some of the horror stories next week where people have lost everything and it is the same names behind a number of failed companies with ONZ being the latest.If ONZ were to go the same way then the biggest losers would be the hi capital investors who should know the risk but the purpose of all the RAMPING we are seeing is to suck in the herd with the promise of easy money by those who have no conscience about blatant lies whatsoever. To me that is deplorable which is why I have continued to post in an effort to level the playing field, if the ramping were to stop then so would I but of course that`s not going to happen because RAMPING is all part of the process of fleecing new investors.
Posted at 20/7/2016 17:17 by fido
barrie16,
You need to do some research but you don`t have to dig too deep as its all in the public domain about investors losing most if not all of their money by investing in companies brought to AIM by connected parties. If you find that material you will note from it that the RAMPING on BB`s and on twitter is an integral part of the scam to draw investors in with claims of fantastic returns but where investors end up losing everything.
As I say, don`t take my word for it and do some research and make up your own mind.
It is this possible organised RAMPING across the BB`s that I find so deplorable because these people really don`t care about investors losing everything. This has like I say been repeated across a number of stocks and in each case investors have lost everything.
Do some research and make your own mind up.

In addition, if things go to plan and I am able to arrange a meeting with Nigel then I will be sharing my concerns with him at the same time as offering him an alternative.
Posted at 13/7/2016 11:43 by fido
PatientCapital,
With such fantastic potential, can you explain to me why when Nigel did a city tour prior to ONZ he was not able to raise a single penny from city investors which is why he accepted Gavins proposal from ONZ.
Can you explain that to me because I would have thought that with such massive potential that city firms would have been jumping all over it.
Can you further explain to me why ONZ have no institutional backing. All they have is a few high worth investors and a bucket shop that has been ramping it endlessly since taking a large part of the placing at 1p. In fact I believe that it is now that same bucket shop that is now dumping the stock into any rise.
Posted at 01/6/2016 22:41 by fido
Purchmeisner.
I can confirm that ONZ are currently in a closed period so directors are not in a position to buy but with regard the buying by Nigel I would not put too much importance on it because directors are generally not renowned for their timing and knowing what I do about what`s happening within the company, now really isn`t a clever time to be buying the shares.
I believe Nigel`s action in buying the shares is one of desperation in support of the company and not for any other investment reasoning. Even Nigel`s re tweet of the recent news article shows he is acting more like an investor than a company manager and is obviously concerned about the current situation with the share price. As I said right from the start, it is probably the intention to get the share price up to reduce the dilution of a placing and that just isn`t happening.
As for the tweeters, they are day traders and not investors. They make their money by using others and are not long term investors in any sense of the word. In fact they are the investors worst nightmare because it is their constantly taking their money off the table that impedes any progress that could be made by the share price. In simple terms, investors are being milked and I don`t agree with the methods being used to fleece people.
Posted at 15/5/2016 15:41 by fido
Mr_Dross,
I would dissagree with you on that. In a world of traders there are a great many investors who will invest on news, a mention,volume or movement. All it takes is a mention on twitter for example and a share can take off in just a few seconds. It goes without saying that those investors do little or no research as they are investing in a shares movement and not the company itself. The fact that they may only be in a few minutes, hours, days, is not the point because of their experience but they also drag in large volumes of less seasoned investors who invest because a share has got a mention or because it may appear on the leader board for a few minutes.
Believe you me, many investors do have a lot of experience but there is a far bigger volume of investors who don`t have that experience and have still to learn by their mistakes.
I would suggest to you that because of the soaring rockets and the 3p by Friday merchants there are indeed a lot of people here that invested to make a fast buck but are now nursing losses.

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