DGAP-News: TOPHEDGE AG: Gold Recycling - Gold bars cheaper for institutional and larger investors
(firmenpresse) - DGAP-News: TOPHEDGE AG / Key word(s): Miscellaneous
TOPHEDGE AG: Gold Recycling - Gold bars cheaper for institutional and
larger investors
22.07.2013 / 10:00
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Gold Recycling - Gold bars cheaper for institutional and larger investors
The Tophedge Aktiengesellschaft (9% fixed coupon bond WKN A0SLZ9, ISIN
DE000A0SLZ91, which is listed on the Frankfurt stock exchange) is
increasing its investment in the recycling of scrap gold through their
affiliated companies. The group functions as wholesaler, and as such deals
in the larger volumes implied by this function. Typical clientele are for
example, pawnshops, whose business is currently booming under the current
economic situation. This sector however, is also stretching its financial
capabilities, as pawnshops are required by law to warehouse the pawner's
pledged wares for a minimum of four weeks. The pledged wares cannot be sold
in the interim and this creates a residual financing gap. This financing
gap can be alleviated via pass through pledging to a third party, and this
is where we come into play. We enter into an agreement with the gold seller
for the acceptance and acquisition of the pawned gold and provide both
sides with a fast and efficient, unbureacratic transaction through a
guaranteed purchase price. As a result we are provided with large amounts
of gold scrap, and in the same vein the gold seller is provided with
sufficient liquidity which all in all creates a smooth running operation.
Financing and Investor Advantages
As a result, the Tophedge Group and its subsidiary companies intend to
increase its investment volume to a total of 30 million Euros primarily
through ETF's, commodity funds, family offices and asset managers. This
investor pool will purchase physical gold directly from us via delivery
contracts, whereby the Tophedge subsidiaries are capable of selling
certified gold bars under market price. This is made possible through the
Tophedge subsidiaries existing network of physical gold dealers and
pawnshops, who are constantly being delivered gold, be it in the form of
jewelry, scrap gold, or gold bearing electrical waste.
Advantage for funds: Extremely low purchase price for gold bars, whereby
our sales price is established upon the close of the delivery contracts.
The delivery of the physical gold takes place five weeks after contract
close. In addition to this comes the interest income and collateral for the
investors for the financing period. In short; the participating funds
realize a better performance thanks to the lower purchase price and
accompanying advantages.
Investment with large chances and minimal risk
Our recycling companies possess all the necessary official licenses and
permits for the transport and recycling of the materials involved. As such,
we have eliminated all of the legal as well as tax risks. In addition to
this, the group has developed a refined security structure that minimizes
the risks of external intervention. Our valuable recyclable materials are
accompanied by trained security teams and/or transported in armored
vehicles. On top of this we insure ourselves against larger material
damages with renowned insurance companies. Last but not least, we have a
qualified team of laboratory analysts and gold experts that allow us to
professionally analyze materials being purchased and thus additionally
minimize our business risks. The aforementioned processes are constantly
being reviewed and refined in the interest of maximizing and insuring our
success. This provides us with a first class foundation for long term
attractive yields in the business of gold recycling. This business model
will help to markedly increase the earnings of the Tophedge AG.
Tophedge Aktiengesellschaft
www.tophedge.de
vorstand(at)tophedge.de
9% fexed cupon Bond ISIN DE000A0SLZ91 / WKN A0SLZ9
Valoren-Nummer 4605295 Switzerland
Date of interest payment: quarterly
Cancellation period: 6 weeks before the date of Interest payment
Stock exchange trading: Frankfurt stock exchange
End of Corporate News
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222203 22.07.2013
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Datum: 22.07.2013 - 10:00 Uhr
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