Frankfurt am Main (pta010/05.02.2018/09:15) -
Today I would like to give you an update on the current company development of Fritz Nols AG.
2) Da Vinci Fund
3) more plans
1) Successful start of Aeternumcoin - 2.5 million euros collected in the first 4 weeks
Following our announcement at the end of December 2018 that we will be entering the cryptocurrency business, we are pleased to announce the successful launch of our first crypto-gateway, the Aeternumcoin (www.aeternumcoin.com). Already during the pre-sale phase, it was possible to collect more than 2.5m Euros and to sell about 1.000 mining rigs worth 6m Euros. Aeternumcoin plans to take up to 100 million euros through the ICO, which officially starts in March 2018. Half of the proceeds will be managed by Fritz Nols AG in a fund for high-frequency trading. Fritz Nols AG has additionally secured a purchase option for 12 months to acquire 30% of the operating company Mining Tech and Mining-Farm GmbH.
After our announcement, we received a large number of new customer inquiries. In the first half of 2018, we hope to gain 2 to 3 additional mandates and partnerships.
2) Da Vinci Invest Fund - Continuity secured through cooperation
The 100% subsidiary of Fritz Nols AG, Da Vinci Invest AG (Switzerland) is currently still in liquidation status, which has been applied for by the Swiss Financial Market Authority. We are currently working on lifting this status and expect the company to continue its normal course in Q2 / 2018. We are confident that the currently outstanding management fees of 750,000 euros will soon be transferred to the subsidiary Fritz Nols AG.
Irrespective of this, the business operations of the Da Vinci funds are still ensured and should be taken over by Da Vinci Invest AG in Q2 / 2018.
It is to be expected that the positive business development will continue to favor the capital increase of Fritz Nols AG planned for Q1 / 2018 for around 14 million euros.
3) Further planned business development
In 2018, we plan to expand our involvement in the crypto sector even more significantly. In the short term, several profitable new projects will be launched. In addition to further planned own ICOs, we are currently conducting negotiations with several potential ICO customers, which could lead to new business deals at short notice.
The Da Vinci funds are also expected to expand strongly this year. The Fritz Nols AG hopes thereby in 2018 significantly increased revenue.
2018 will be a big step forward for Fritz Nols AG. I look forward to being part of this new success story with you.
Founded in 1975, Fritz Nols AG was a traditional German floor brokerage company now specializing in capital market advice by listing SMEs, M&A and issuance of corporate bonds from small and medium-sized enterprises (SMEs). A 100% subsidiary asset manager manages investment funds in Singapore and Cayman Islands, specialized in the investment strategy Distressed & Special Situations (companies in difficult phases mainly in the financial services sector) and the HFT related investment strategy Systematic Quantitative CTA (news-related quantitative systems).
For more information, visit http://www.aeternumcoin.com. The sponsor ID is hen992kle .
This document contains forward-looking statements on overall economic development as well as the business, earnings, financial and asset situation of Fritz Nols AG. These statements are based on current plans, estimates, forecasts and expectations of the company and are thus subject to risks and uncertainties that may cause the actual much expected from the development differs. The forward-looking statements to have the time of publication validity. The Fritz Nols AG does not intend to update the forward-looking statements and assumes no obligation. Furthermore, no guarantee for the future business development can be adopted. Maybe the records enter developments that lead to various projects as planned can not be realized or investments turn out to be a non-sense. The Fritz Nols AG assumes no liability.