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December 9, 2009
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From the desk of Ryan E. Bond,
VP Operations, Western Canada
Edgeworth Properties Inc.
December 9, 2009
We are pleased to announce two new additions to the Western Canadian team.
Mr. Kevin Bryan joins Edgeworth Vancouver as our Senior Sales Manager. Kevin brings over eight years' experience working in real estate finance and investment environments.
Mr. Adam Lukomski joins the Calgary team as our Client Sales Manager. Adam will provide Edgeworth clients with consistent and timely project updates as well as handle any client inquiries.
Please join us in welcoming both Kevin and Adam to the Edgeworth team.
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October 29, 2009
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The following information and quoted articles pertain to the investigation of Edgeworth
Properties Inc. by The Companies Commission of Malaysia (CCM). Click here for the
Commission's mission statement.
This investigation, commenced in October, 2008, was the result of complaints received by The
CCM from the clients and other concerned persons of a competing land developer. Click here
for the announcement of the investigation by the Commission.
As a matter of procedure, the CCM routinely expands such investigations to include other
companies offering similar products or whom would conduct themselves under similar
business models. As a result, Edgeworth Properties was included in this investigation.
After months of investigation by the Commission, The CCM has cleared Edgeworth Properties
Inc. of any wrongdoing. An article, published by The Malaysian National News Agency on
June 19th, 2009, states that land titles issued by Edgeworth Properties Inc. to its investors "were found to be genuine". Click here for the original news article.
A video report by Malaysian news website "The Edge" has posted a report about the CCM's
findings on YouTube. Click here for the report on YouTube. Click here for The Edge
homepage.
www.edgeworth.com
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October 26, 2009
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Effective as of today's date, Yossef A. Hamdon has resigned from Edgeworth Properties Incorporated and is no longer with the company.
Edgeworth Properties Inc. would like to thank Mr. Hamdon for his contributions to Edgeworth.
We wish Mr. Hamdon success in his future endeavours.
Signed,
Mr. C. Vaughan Minor, FCA
President,
Edgeworth Properties Incorporated
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August 19, 2009
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Edgeworth Ventures is pleased to announce the appointment of H. Robert Hawthorne to its
Board of Directors.
Mr. Hawthorne enjoyed an illustrious and successful career, serving as president and CEO of
The Ocean Spray Company (2000-2002), The Select Comfort Corporation (1997-1999) as well
as the serving as President of The Pillsbury Company (1992-1997). Previous Board experience
includes serving with CNS Incorporated, Maxxam Analytical Inc. and Landis Strategy and
Development.
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June 15, 2009
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A committee was struck in 2008 to review options to enhance shareholder value. Many of the suggestions of the committee have been implemented including the election of independent board directors and the opening of new offices in Asia, most notably an office in Taipai Taiwan.
One of the recommendations of the committee included Edgeworth relisting on the Alternative Investment Market (“AIM”) of the London Stock Exchange on or about May 2009 in conjunction with a public offering of additional shares subject to shareholder approval, market conditions and no adverse material change in the corporation. Given the economic downtown which commenced in the fall of 2008, the Board of Directors has determined that there is little to no cost benefit to undertaking the expensive process of relisting due to a lack of liquidity in the global credit markets and adverse market conditions facing any public offering of stock. Accordingly, any plans to relist on AIM or any other stock exchange has been indefinitely postponed until market conditions improve.
The Board of Directors is disappointed by this turn of events but we continue to remain committed to enhancing shareholder value by other means going forward. When market conditions are receptive to a relisting of stock exchanges, Edgeworth will provide full and timely disclosure as to the details.
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May 5, 2009
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Edgeworth Properties is pleased to announce the appointment of Tracy Boschman as Vice-President of Corporate Communications. Tracy moves into this position after serving for two years with Edgeworth as a Sales Manager in Edgeworth’s Calgary Office.
Tracy‘s strengths are in communications and raising capital. She has a strong business background, having started her own company in 1992 and selling it to a publicly traded company in 1996. After spending time in the U.S.A. doing venture capital work and being trained by top investment professionals, she moved to Calgary to be part of Alberta’s thriving resource and investment industries. Tracy also worked in the film industry, managing large projects, budgets and personnel. As a visible presence in the greater Calgary community, Tracy hosted over 150 charity events.
“Tracy’s varied background in communications and public relations brings a strong skill set to our internal operations.”, said Donald G. Hurst, Chief Executive Officer and President of Edgeworth Ventures Inc. “Tracy’s skills will augment and add depth to the existing expertise within Edgeworth’s various divisions. I am sure all Edgeworth staff joins me in congratulating Tracy on her new position.”
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March 10, 2009
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Edgeworth Properties is pleased to announce the appointment of Ryan Bond as Vice-President, Western Canada Operations. Ryan moves into this position after serving for two years as a Sales Manager in Edgeworth’s Calgary Office.
Mr. Bond has been in the financial advisory industry for over ten years. Among his many highlights, Ryan founded Aurora Capital Planners Inc., an investment management firm that specializes in alternative investment strategies as well as providing diverse product portfolios for high-net individuals. Mr. Bond has also experience raising capital for various land syndication and real estate ventures. Ryan is licensed through the Alberta Insurance Council as well as successfully completing the Canadian Investment Funds Course and Mortgage Associates Program. He is also a member of the Canadian Association of Accredited Mortgage Professionals.
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