The Angel Business Club is a private members business accelerator community!

The Club provides network services amongst its Members pertaining to businesses wanting to accelerate growth. Please note that the Club may participate in the growth of these Companies through equity ownership. At its sole discretion the Club may decide to allocate some of this equity ownership to its active Members in the form of free equity entitlements. These free equity entitlements are high risk and may not be readily realisable.

The Club is a business advisory service where, rather than charging client companies for our services, through its advisers and Angel Corporate Finance, chooses to provide services to businesses in return for equity. We therefore believe the Club is wholly aligned with client company management as we all share the same objective – accelerated business growth

TECS have this morning just released an update on their IPO plans. In case you don't know, IPO stands for "Initial Public Offering". This is where a company moves from being a privately owned business to one where the general public can buy their shares. Generally when a company goes through an IPO process (also called a flotation or listing) the value of the company increases. TECS are still hoping to list their company on the NEX London Stock Exchange in the next 2-3 weeks.

Members of the Angel Business Club initially received shares in TECS when the company was valued at £3million. Within a month or two, the company received another investment valuing it at £5million (which instantly gave us 67% increase in the value of our shares). The IPO is expected to value TECS at between £6million to £7million. That means within a just a few months, members of the Club will have seen the value of their shares grow by between 100% and 133%. And this is just the start.

In a few years time, imagine if the company became worth the same as some of their competitors. They are worth around £300million. That would give you a 100x gain in value i.e. an initial £1,000 investment would be worth £100,000 by that stage. That's the power of "angel investing". This is truly life changing investments here, not just 10-20% per year.

If you've not yet joined the Club, you might want to check out the new video I've recorded which explains how the Club works in just 5 minutes: https://youtu.be/ceDdcJjn_B0

We are a business club and knowledge exchange platform with broad expertise which aims to use the power of our collective knowledge, our connections, expertise and experience. We believe these attributes are often overlooked and undervalued in businesses.

The Members of the Angel Business Club  may discuss their experience with businesses that start-up or want to grow and may try to apply this knowledge for their own personal future investment possibilities, which they will carry out outside of the Club.

The Angel Business Club is an invitation only community of Angel investors. Your monthly membership entitles you to an allocation of free shares, access to our peer to peer trading systems, weekly webinars including Education and Business updates, and our unique events.

Here's the official update from TECS:

• IPO workstreams progressing on track with the main focus being on submitting the final Admission Document and supporting information to the NEX Exchange in the first/ second week of December
• Working Capital & Long Form Reports to be concluded during the w/c 19.11 with the share for share exchange between TECS Holdings Limited & TECS Group plc to be concluded shortly thereafter
• Marketing/ capital raising process is ongoing for the next 2 weeks working closely with Angel Corporate Finance
• The December IPO date is also important from a logistical point of view and we are working extremely hard to ensure the timetable is achieved

Business Update

• TFM division secured several new contracts including Weddell Swift, a leading distribution company covering their national network and a newly refurbished and prominent office building in Central London
• Newly appointed internal sales team performing well with first new contracts secured in the months of September & October
• Gas & Water Division received a 99.9% Key Performance Indicator (KPI) score from our valued customer, Housing 21 who are a leading provider of retirement housing and care services for the elderly. This was the highest customer satisfaction score across all suppliers and is a fantastic validation of the systems that have been implementing around technology development
• New website and branding officially launched across the company with excellent feedback received from customers and suppliers alike

Louis Harvey
Markethive Entrepreneur at Heart
At Your Service

http://hive.pe/Dq