stake

stake

SUMMUS SOLUTIONS N.V. (“SS.H”) RUMOURED TO DOUBLE THEIR STAKE IN FUTURE UNICORN START-UP COMPANY IONOTERRA LIMITED


Rumours continue to circulate on Wall Street that Vancouver based entrepreneurial private equity firm Summus Solutions N.V. will be doubling their stake in Israeli start up, Ionoterra Limited.

Summus Solutions N.V., listed on the Toronto Venture Exchange under symbol SS.H, – as per the 31st December 2019 filings – already owned 11% of Ionoterra Inc. and with Ionoterra hitting the headlines of late, with talks that they are planning to do a Proof of Concept in California and are about to sign a number of multimillion-dollar contracts with a number of governments around the world, Summus Solutions N.V. vying to increase their equity stake in Ionoterra Ltd., who can blame them? Ionoterra Ltd. is considered to be hot property on Wall Street right now with most firms laying odds on bets that Ionoterra Inc. are on the verge of hitting the big time.  If you’re looking for the next potential Unicorn company as an addition to your portfolio, look no further than Ionoterra Ltd.

Although unconfirmed, there are whispers circulating that Ionoterra Ltd. has recently turned down a host of sizeable investment offers from big name private equity investors such as The Carlyle Group, CVC Capital Partners and Kohlberg Kravis Roberts. Doran Angelovitch, CEO of Ionoterra Ltd. said; “When we started out, we approached a number of private equity firms in the hope they would assist us in realising our dream of implementing our exclusive patented technology which we knew would give citizens of our planet, eight hours warning before a devastating earthquake was about to strike their region. Almost all of the firms we approached did not believe in us. It was only Summus Solutions N.V. who showed faith in us in the beginning and supported us financially, allowing us the time and the resources we needed to achieve proof of concept. Of course, now our technology has actually been proven, and we have very real interest from many governments as well as the United Nations to deploy our technology worldwide, we have received many offers from those same private equity firms who turned us down initially. We shall continue to achieve our goals and aspirations in partnership with Summus Solutions N.V.”

Urs Meisterhans, President and CEO of Summus Solutions N.V. was unavailable for comment at this time, but should Summus Solutions N.V. increase their stake in Ionoterra Ltd., their share price will skyrocket giving joy to all shareholders in Summus Solutions N.V.

For further information visit: www.ionoterra.com or write to Mr. James Carter, Chief Investment Officer at Charterhouse Private Equity Inc. – j.carter@charterhousepartners.com

 

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Jack Massey’s British Title dreams at stake on Thursday at York Hall


London, UK; 17 December 2019 Manchester fighter Jack Massey’s boyhood dreams of bringing a Lonsdale Belt home could finally come true this week. The 26-year-old will face Richard Riakporhe in a scheduled 12-round fight at York Hall, Bethnal Green on Thursday, 19 December, that will be screened live on Sky Sports.

Massey has had a steady rise to the top since he first picked up the sport at age 12, when his father took him to his old boxing club in Buxton, Derbyshire. By the following year, he has won his first title and before long, he had three junior ABA Champion titles to his name.

Early 2013, at the age of 19 Jack then won the senior ABA championship beating Chris Billam on points. Later that year Massey decided to turn Pro and quickly built a reputation as an unbeatable opponent with 16 wins in 16 fights including 8 knock outs.

To date, Massey has had 53 Amateur fights, has boxed for England, winning Gold at the Tri-nations and Bronze at the Youth Commonwealth Games.

Now, he has his sights firmly set on the British Cruiser-weight Title with big rewards on the line including a fight with new European champion Lawrence Okolie. Massey has set a goal to win the title on Thursday and defend it at The Dome next year, where he has fought and won four times in his professional career in front of a sell-out crowd.

While the road leading to Thursday’s bout hasn’t been without struggles – Massey was ruled out of the British-title challenge in July due to injury – he has since come back stronger than ever with the help of his team and coach Robert Rimmer Jnr / Phoenix Camp, Manchester

There’s no doubt that Londoner, Riakporhe, who has won all 10 of his fights, is a tough opponent, but Massey believes he is in top form and well prepared to face him.

“I’m just thinking about getting in there and showing people what I’m all about. I have waited a long, long time for this. I’ve had my ups and downs, but I’m here now, ready to fight for the British title,” he says.

For further information please visit https://jackmasseyboxing.com/, or PR enquiries s.jones@tunafishmedia.co.uk

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