Letter to the Shareholders
It is always a pleasure to write positive information
to our respected and patient shareholders.
I will not belabor the difficulties that Kvanto has
been through over the last 5 years but only discuss where we are going as we
move forward to achieve our main goals.
Let us take a look at those
goals:
#1 Re-engage our old clients and
renew their contracts
#2 Create an entity that we will
take to the public market – KGC
#3 Raise outside capital to be
frozen as stationary funds to go to the public market
( we are currently short 1.5 million towards our 4 million objective )
#4 We have created a new USA
company Kvanto Payment Services Inc ( as per USA and IRS Gov’t requirements )
to handle all of our new USA business
#5 Engage with new clients and
new contracts to move forward with new revenue, which I was informed will be
processed within the next 4 weeks just prior to my June newsletter
#6 Bring on board a new
CFO/Director/partner to manage all of our financial goals
#7 Expand our business in Europe,
Asia and the far east
#8 Transfer all of our
shareholders investments to KGC through an exchange of shares in KGC equal to
their invested dollars ( an ongoing process )
#9 Finish the financial year end
report for KGC to CRA
#10 Align all our companies under
KGC as we move forward
#11 Our 3rd quarter
goal is to bring our business in India up to speed
These are all very SMART
objectives and I feel very confident that we will attain these goals over
the next 4 months.
There are two things that our
past and present shareholders are requested to do over the next 6 weeks:
To allow the transition of the shareholders investment capital to be moved to KGC for KGC shares there will be a transfer fee, Force Capital will take care of and pay this fee.
The next item is to send an email to Force Capital or directly to me Chairman of the Board Martin Fraser at mfr@kvanto.com with the following statement:
“ I, (shareholder name), give to our COB my
proxy for the next AGM. “
The AGM should be held in July.
I am pleased to announce that Mr. Leif Arnbjerg has accepted the
position of CFO of KGC and all subsidiaries. Leif brings more than 20 years of
experience as a top level manager who has already been a Director, CEO, CFO,
major brand specialist, business development and has transitioned companies on
a Global basis.
I feel very confident that Leif will bring his already proven talents to
KGC and assist the company to fulfill the goals and objectives that are set.
Please feel free to contact Leif at lar@kvanto.com with any questions pertaining
to company business.
As we continue to move forward, we do so with our objectives/goals in
sight and for the benefit of the company and all of our shareholders.
Thank you,
Martin Fraser
Chairman of the Board
Kvanto Group of Companies
mfr@kvanto.com