1 FINTECH LIMITED (IN LIQUIDATION) LIQUIDATORS FIRST REPORT INTRODUCTION Fintech Limited was put into liquidation by shareholders resolution on the 6 th of March 2015 at 2.18 p.m. Simon Dalton, Chartered Certified Accountant, and Matthew Peter Kemp, Chartered Accountant, were appointed joint liquidators of the company. We now set out our first report and Statement of Affairs to the creditors and Shareholders of the company. COMPANY INFORMATION Date of Incorporation 22 August 2012 Trading Address Plaza Level, 41 Shortland Street, Auckland Type of Business Foreign exchange trading company Date Ceased Trading 6 March 2015 Shareholders Rodrigo Pereira Gosmann Directors Rodrigo Pereira Gosmann STATEMENT OF AFFAIRS We attach a statement of the company s affairs as at the date of our appointment as liquidators. The statement has been prepared by the liquidators with the assistance of the Director. The figures presented are estimates, based on the records of the company. BACKGROUND Fintech was set up in 2012 as a company trading in foreign exchange. Operating from a global website, the company offered clients the ability to trade in global forex trading under the name of SpediaFX. Fintech was a registered Financial Services Provider. In February 2015, having concerns over the safety of its clients funds in Europe, the director moved a significant sum to the Caledonian Bank in the Cayman Islands. However, on the 16 th February, after an application was made to the Bankruptcy Court in New York, the assets of Caledonian Bank were frozen and Administrators were appointed. Caledonian Bank is now in Chapter 15 in the USA and in Liquidation in the Cayman Islands. Full recovery of these client funds is therefore unlikely. The director/shareholder, in order to protect all client positions, felt it was prudent to cease trading and place the company into liquidation and did so on the 6 th March PROPOSALS FOR CONDUCTING THE LIQUIDATION The liquidators will be investigating the background to the liquidation and any potential voidable preferences. When the realisation of the assets is complete, a distribution will be made to creditors.
2 2 The attached notice sets the 10th of April 2015 as the final day for filing a claim with the liquidators. We also enclose a claim form, for completion by unsecured creditors. You are urged to give this matter your early attention, as creditors who do not lodge a claim are not entitled to share in any distribution that may be made by the liquidators. Having regard to the assets and liabilities of the company, and the likely result of the liquidation, the Liquidators have decided pursuant to Section 245 of the Companies Act 1993 to dispense with a meeting of creditors. Should creditors require a meeting to be held for a purpose other than appointing a Liquidation Committee, notice in writing to the Liquidators is required within 10 working days of receipt of this report. Section 314 of the Act permits a creditor at any time to request the Liquidators in writing to call a meeting of creditors for the purpose of appointing a Liquidation Committee. ESTIMATED DATE OF COMPLETION OF LIQUIDATION It is not practical to estimate the date of completion of the liquidation at this stage. DISCLAIMER Neither of the liquidators has had any previous association with the company or its director and shareholder. The estimated realisation values in the attached Statement of Affairs have been assessed by the liquidators after consultations with the director. Interest receipts are reported net of a 10% trust account management charge. The liquidators do not accept any responsibility for errors or omissions in the statement, nor do they assume any responsibility or liability for losses occasioned by any party as a result of the circulation, publication, reproduction or use of this report. We reserve the right but will be under no obligation to revise this report if we consider it necessary to do so in the light of any information existing at the date of the report, which becomes known to us after that date. Dated this 12th day of March 2015 Gerry Rea Partners P O Box 3015, Auckland S Dalton Telephone Joint Liquidator gerryrea.co.nz
3 3 FINTECH LIMITED (IN LIQUIDATION) Estimated Statement Of Affairs As at 6th March 2015 Book Estimated Value to Realise ASSETS SPECIFICALLY CHARGED USD USD Bank Account Funds 450,713 TBC 0 Less Reserved for Secured Creditors 0 Leaving Available for Preferential Creditors 0 ESTIMATED ASSETS AVAILABLE TO PREFERENTIAL CREDITORS, AND UNSECURED CREDITORS Preferential Creditors Inland Revenue Department 0 0 DEFICIT BEFORE UNSECURED CREDITORS 0 Unsecured Creditors 416,565 ESTIMATED DEFICIT $416,565 (Subject to costs of Liquidation) Share Capital Issued Shares 100 Paid up $100,000
4 4 FINTECH LIMITED Notice of Appointment of Liquidators and Notice to Creditors to prove Debts or Claims Notice is hereby given that in accordance with Section 241 of the Companies Act 1993 the shareholders of the above named company, on the 6th of March 2015 at 2.18 p.m. appointed Simon Dalton, Chartered Certified Accountant, and Matthew Peter Kemp, Chartered Accountant, both of Auckland, as liquidators. The undersigned does hereby fix the 10th of April 2015 as the day on or before which the creditors of the company are to prove their debts or claims and to establish any title they may have to priority under Section 312 of the Companies Act 1993, or be excluded from the benefit of any distribution made before the debts are proved, or as the case may be, from objecting to the distribution. Simon Dalton Joint Liquidator Enquiries to: GERRY REA PARTNERS P O Box 3015, Auckland Phone: (09) Facsimile: (09)
5 5 FINTECH LIMITED (IN LIQUIDATION) Creditors Creditor Accident Compensation Corporation Address1 Debt Management Unit, PO Box 3248, Wellington Inland Revenue Department PO Box 39010, Wellington Mail Centre, Lower Hutt 5045 Rodovia Virgilio Várzea, 2970, Ap 302 Torre 2, Ilha de Bari, Cep Rodrigo Pereira Gosmann , Saco Grande, Florianópolis - SC Alejandro Vidales Garcia Aleksei Petrunin André Gâmbaro Bert Simenson Claudio Sérgio Xavier Fialdini Cratos Investments Limited Dan Lavric Daniel Itiro Tikamori Edson Wander de Almeida Costa Eduardo Valim ETA Carinae LTD.; Owner: Rodrigo Pereira Gosmann Fausto Alexandre Mazine Fernando Antonio Capelo Gabriel dos Santos Luciano Gem Allison Bawar Georgy Pankrashkin Gianluca Carolo Gustavo Furtado de Souza Hindemburg Melão Junior Passaje Ferrer 17, Planta 4,Manresa Barcelona 08242, Spain dom 30 kv 206, pos. Anreevka Solnechnogorskiy rayon MO , Russia Rua Rio Grande Do Sul, 620, apt204 BLA3 Vila Santana, Campinas São Paulo , Ranna tee 1C-5, Tartu Tartumaa 51008, Estonia R. Tiradentes, 171, Niteroi Rio de Janeiro , R. Carnaubeiras,122, Ap 26. Jabaquara, São Paulo São Paulo , 513 Henhoeffer Court, Kitchener Ontario n2e 4h4, CANADA Rua Xavier de Toledo, 866 Apto 204B, Sorocaba São Paulo, , Brazil AV JORGE AMADO, APTO 702, CD PORTAL DO GARCIA JARDINS, ARACAJU Sergipe , Rua Mario Portela, 161. Ap 1601-C Laranjeiras, Rio de Janeiro RJ , Brazil Rodovia Virgilio Várzea, 2970, Ap 302 Torre 2, Ilha de Bari, Cep , Saco Grande, Florianópolis - SC R. Inga, 271, Piracicaba SP , Rua Ingá 262, Piracicaba SP , R. Vereador Adão Santos, 362, São Jose, Canoas RS , 85 Talaga, Tanauan City Batangas 4232, Philippines 10 Andrea Zappa, Sea Way Court, Apt 41, Germasogeia, Limassol Limassol 4040, Cyprus Freiestrasse 34, Thalwil 8800 ZH, Switzerland Cristovao Colombo apt 501, Novo Hamburgo RS , Rua dos Vinhedos, 171, Pindamonhangaba São Paulo , Ivo Siewert Beusselstr 70, Berlin, Germany, Zip/Postal Code: Jacek Dabrowski Jair Aparecido dos Santos John Charles Scott Johny Manuel dos Santos Ramos Krzysztof Dankowski Leandro Cedeno Hernandes Leonardo Araujo Santos Leonardo Salviano de Oliveira Borges Kleczewska 46/5, Warsaw Mazowieckie , Poland Ruas das Violetas, 550, Apart 1, Sinop Mato Grosso , 17 Kent Walk, durham sr8 2bn, UK Rua das Figueiras, 73, 2º I, Figueiras, Marinha Grande Marinha Grande , Portugal Rua Frei Vicente do Salvador 367 ap 122 bloco 1, São Paulo São Paulo , Rua 08 Cond 217 Casa 32, ia DF , SHCGN 709 Bl F Apt 311, Asa Norte, Brasília Distrito Federal ,
6 6 Leonir Gilmar Gosmann Lucas Farias de Vasconcelos Luiz Cesar Monteiro Bueno e Silva Luiz César Royes Coelho Luiz Helman Marcelo de Assis Marcos Aurelio Picon Da Conceicao Marcus Paulo da Silva Cardoso Mauro Ervino Ost MF Buy Sell LTD. Owner: Fazal Rehman Hussaini MF Buy SellLTD. Owner: Muhammad Mohsin Butt Milka da Silva Santos Paulo Sérgio Xavier Fialdini Peter Ovari Philip John Osmond Predrag Lilic Ricardo Gambaro Rodrigo Falci Rodrigues Rodrigo Matos Brito Santos Romas Jurevicius Romolo Disconzi Neto / Joint Account withremo Disconzi Rosangela da Silva Bastos de Oliveira Shouvik Mitra Slavisa Dosenovic Thomas Stuart Clydesdale Washington Pimentel R. Irmao Fernando Anatoli, 49 Bairro- Jardim do lago - Canoas RS CEP , Rua Dilermando Reis 330 Ed Mirella ap 201, Maceió Alagoas , SHIN QI 5 Conjunto 6 Casa 20, Brasília Distrito Federal , Rua Cel Lucas de Oliveira, 1621/502, Mont Serrat, Porto Alegre Rio Grande do Sul , Rua Figueiredo Magalhães 823/403 Copacabana, Rio de Janeiro Rio de Janeiro , Rua Clovis de Avellar Pires, número 683 Jardim Itamarati, Botucatu São Paulo , 32 hillside road, London South Tottenham N15 6NB, England Cond. Serra Azul, Quadra 28, Casa 16, Sobradinho II Distrito Federal , Brazil Av. dos Ipes, Jd. Imperial, Sinop Mato Grosso , House no 22, st no 2 Data Nager Badami Bagh al Mateen Mobile - Lahore 54000, Punjab - Pakistan E-514 Kucha Hawagran Shahalam Gate Lahore Pakistan - Lahore 54000, Punjab - Pakistan Rua Danuzia Brandão Aires 109 Gruta de Lourdes - LT Betânia, Maceió Alagoas , Rua Sao Salvador, 80, Rio de Janeiro Rio de Janeiro , brasil Nova 4877/6, Nove Zamky Nove Zamky 94001, Slovakia 8 Sandy Lane, Richmond Surrey TW10 7EN, United Kingdom Osvobodilne fronte 3, koper koper 6000, Slovenia AVENIDA DAS PALMEIRAS, 131, VOTORANTIM SP , Rua Mariz e Barros, 931, Centro, Cruz Alta Rio Grande do Sul , R JOAO CARDOSO AIRES, AP 202, BOA VIAGEM, Recife Pernambuco , K.Donelaicio st., Vilnius Vilniaus m. sav. LT-03102, Lithuania Av. Liberdade, 56/403, Viamão RS , Rua Jacutinga 50, Pedro do Descanso, Feira de Santana Bahia , Brazil Hauptstrasse 161, Weinheim Baden-Württemberg 69469, Germany Rua Mario Alves, No 69, Apto 1102, Icarai, Niteroi RJ , Estrada Alzira, 900, Qd 20, Lote 10 - Residencial Maripa, sinop MATO GROSSO ,