Genesis’s new management team is providing all existing and potential investors with the latest information on current developments relating to the Company. Please be advised that this letter is not a substitute for reviewing our press releases and our filings with the
- Deployed our new website: www.genesis-fin.com
- Established a new office located in
New York, New York - Announced the appointment of our new CEO,
Russell Cameron - Signed the Agreement for the acquisition of
The Financial Link Group Pty Ltd - Signed the Term Sheet for the acquisition of
Aspire Education Finance Pty Ltd - Continued to invest and develop
Epoint Payment Corp ,Fintech Holdings LLC subsidiaries andFintech Industries LLC - Capital raise of
$5 million of which we have successfully raised$1.5 million - We are in further discussions with Institutional and HNW individual to complete the raise within the coming weeks
- Engaged new auditors to BF Borgers CPA to complete the 2018 and 2019 accounts
- Resignation of
Roy Rose as CEO and Chairman, Resignation ofGary Larkin , appointment ofRussell Cameron as CEO and board member.Mr. Cameron has a background in Investment Management and Marketing. Appointment ofWarwick Kerridge as our Chairman. Kerridge is a former Director ofPitt Capital which is a wholly owned subsidiary of Australia’s oldest listed investment house, Washington H. Soul Pattinson & Company.
The acquisition of
We will continue to update our investors with any and all progress in the coming weeks.
Our board have a clear objective to make the Company profitable in 2020. We have accomplished a great deal in a relatively short period of time and we will continue to focus on our accelerated growth track. We are building a great company and we remain committed to pursuing initiatives that maximize value for all our stakeholders.
I sincerely appreciate your continued support and confidence in our efforts.
Sincerely,
About
For more information please visit www.genesis-fin.com
For media enquires please contact
Safe Harbor Statement:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the
www.genesis-fin.com
+1 212 307 3179
Registered Address
Incorp Services
Source:
2020 GlobeNewswire, Inc., source