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Belgravia Hartford Capital Inc C.BLGV

Alternate Symbol(s):  BLGVF

Belgravia Hartford Capital Inc. is a Canada-based investment holding company focused on growing its assets and holdings and increasing its net asset value (NAV). It invests in a portfolio of private and public companies. It takes a multi-sector investment approach, with emphasis on the resources and commodities sectors. The Company's investments are considered high-risk holdings, and it may expose shareholders to significant volatility and losses. It operates in three core business divisions: incubation, investments, and royalty & management services. The incubation division helps develop new companies in specific sectors. The Investments division, Belgravia Holdings, provides merchant banking services and invests in a portfolio of private and public companies with a focus on resources, technology, and healthcare. The Royalty and Management Services division has developed a targeted royalty and fee income model and provides services to support the development of early-stage companies.


CSE:BLGV - Post by User

Post by SpaceTraderon Feb 23, 2018 6:38pm
387 Views
Post# 27612661

Investments made/ Working capital acquired

Investments made/ Working capital acquired Looking at the monthly progress reports for Dec and Jan there are a few things to point out. In Dec they invested $150,000 in two public companies. Also, "In January, the Company invested $50,000 in a company in the resource sector that trades on the Canadian Securities Exchange (CSE). This adds to the $200,000 already invested in 1 private company in the cannabis sector and 3 other public companies in the blockchain, medical technology and resource sectors.". And to mention Medhi stated they had made $675,000 in investments in the Jan 4 NR, so that gives you an idea where the money went. Other negotiations are in the works so we'll see what other investments have been made since then, soon. Moreover, through financing and the expiration of warrants and stock options they received $9,341,910 in Jan. They also received $1.74 million cash payment at the start of Jan. Their working capital, prior to the completion of the financing, announced on January 3, 2018 was $5.1 million. So, they would have approximately 15 mill in working capital (Depending how much has been spent). And it is anticipated that the water royalties will commence no later than the end of the first quarter of 2018 (12.2 million has to be paid by Dec 31, 2022) so more money coming in soon. Just wanted to throw that information out there.
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