February 2024 The Comhla Connection

Back to the Courtyard for the Market Makers Meeting

ComhlaTech is relaunching the Market Makers Meeting at the Courtyard Marriott starting with the first MMM of the year on February 28, 2024.  We look forward to returning to our old 'home' in the city and to seeing users, shareholders and new friends.  You can get your tickets at ComhlaTech.com.

At the Market Makers Meeting, you'll have the opportunity to:

  1. Connect with Fellow Investors: Surround yourself with a community of passionate investors who share your enthusiasm for the futures market. Exchange ideas, discuss strategies, and build valuable connections that can last a lifetime.
  2. Unlock Insider Insights: Gain exclusive access to expert insights and industry secrets shared by seasoned traders. Whether you're a novice or a seasoned pro, there's always something new to learn in the dynamic world of futures investing.
  3. Explore Cutting-Edge Strategies: Stay ahead of the curve with discussions on the latest ComhlaTech strategies shaping the futures market. Discover innovative strategies to optimize your investing performance and maximize your profits.
  4. Fuel Your Passion: Rejuvenate your passion for investing in an inspiring and supportive environment. Surround yourself with individuals who share your dedication to success and motivate you to reach new heights in your investing journey.

Don't miss out on this opportunity to network, learn, and grow with fellow investors.

Spaces are limited, so secure your spot now to avoid disappointment.

Join us and let's chart a course to success together! 📈✨

Our attendees enjoy some visiting time after the event, with food and drinks and an opportunity to speak with John and Anne Marie, as well as their fellow investors.

 

Anne Marie Heinrichs joins the Board of the National Introducing Brokers Association 

Anne Marie's appointment in December 2023 to the National Introducing Brokers Association (NIBA) Associate Board of Directors marks a significant milestone in her career and underscores her expertise and leadership within the financial industry. Heinrichs brings a wealth of knowledge and a fresh perspective to the board. Her strategic insights and dedication to fostering collaboration among industry stakeholders are poised to contribute greatly to NIBA's mission of promoting fair and transparent markets while advocating for the needs of Commodity Trading Advisors, Introducing Brokers and Service Providers to the industry. Her presence on the board is likely to enhance NIBA's ability to navigate complex regulatory landscapes and to effectively address the evolving challenges and opportunities facing the financial community.

Anne Marie Heinrichs, CEO and John Bannan, CIO lead the monthly Market Makers Meeting

ComhlaTech celebrates a strategic acquisition of 2,020,000 shares from Radu Lupea!

This acquisition marks a significant milestone for ComhlaTech, showcasing our commitment to enhancing shareholder value. By reducing the number of outstanding shares, we are bolstering the worth of each remaining share, in line with the insightful perspective shared by Warren Buffet in his message to shareholders in February 2023.

Radu Lupea, a valued founding IP shareholder, expressed his desire to pursue opportunities in the non-profit sector in September 2023. Following extensive negotiations led by our CEO Anne Marie Heinrichs, we successfully reached an agreement for the purchase of his shares. This move not only aligns with our evolving strategic direction but also ensures a smooth transition for Radu.

At a Special Meeting of the Shareholders held on December 18, 2023, the repurchase of Radu's shares received unanimous approval, underscoring the confidence of our shareholders in our decision. With the completion of the share purchase, we have effectively increased the intrinsic value of each share by approximately 20%, delivering a substantial benefit to all shareholders, while maintaining the Fair Market Value at $2 per share.

This acquisition reflects our unwavering dedication to driving value for our shareholders and positioning ComhlaTech for continued success in the ever-evolving market landscape.

New Auditor for ComhlaTech Limited

On February 15, 2024 the Shareholders present at the Special Shareholders Meeting of ComhlaTech Limited voted unanimously to engage George Khalil CPA as the auditor for the fiscal year ending March 31, 2024.

George Khalil has over 20 years of experience in delivering assurance and financial advisory services to clients in Egypt, Kuwait and Canada. George has extensive experience in external audits, accounting and tax, in addition to his work with special assignments (fraud, compilation, due diligence and specified audit procedures).

He has worked with various industries including Finance and Investment, Manufacturing, Contracting and Not-for-Profit organizations. His clients have mainly been large and publicly listed companies but he has also worked with small, owner managed business.

Before setting up his independent practice, George worked for BDO Kuwait, Deloittes Canada, and KPMG Canada.

George holds the following relevant designations:

  • Bachelor of Commerce - Major in Accounting
  • Certified Public Accountant (CPA), USA
  • Chartered Professional Accountant (CPA), Canada
  • Chartered Accountant (CA), Canada
  • Licensed Public Accountant (LPA), Ontario

Clients include:

Association of Postal Officials of Canada; Burlington Trampoline & Tumbling Inc.; Kimbourne Park United Church; African Canadian Association of Ottawa; Structured Mortgage Investment Corporation; Brock University; Niagara College;  Hamilton Wentworth District School Board; Legal Aid Ontario; Fortax Private Wealth Corp.