Promisses

www.afristratpumpanddump.co.za

PEOPLE WITH GOOD INTENTIONS MAKE PROMISES. PEOPLE WITH GOOD CHARACTER KEEP THEM.

In George Manyere’s own words: I mean it’s not like you are taking money from billionaires who will not care if they lose a little bit of their money, but you are taking hard-earned money from Pensioner’s. He was open and transparent in his statement, as most investors were in fact pensioners.

“Preference Shareholders enjoy more protection and peace of mind as the Directors’ take joint liability”. Terence Gregory

INDUCEMENT TO THE INVESTMENT AND OR PRODUCT

The following are a few extracts directly from the Annual Financial Statement/Balance Sheets/ Integrated Financial Reports, no matter how you want to describe the financials these extracts are listed:

Holders of the Preference Shares receive a cumulative dividend, subject to the terms of the Preference Share Class issued. The Preference Shares do not have the right to participate in any additional dividends declared to Ordinary Shareholders. These shares do not have Voting Rights at general meetings of the Company.

Preference Shares, are mandatorily redeemable on a specific date… The Preference Shares are Redeemable after 60 months from the initial issue date and as a result are classified as debt and disclosed as such in the statement of financial position. Preference Shares, which are mandatorily redeemable on a specific date, are classified as liabilities

INTEGRATED ANNUAL REPORT 2014: Page 9/22/24/78/120/130/ The company funds its investment portfolio by means of cash generated from these portfolios and the income generated by the sale of redeemable preference shares to the public. These products complement the Group’s capital raising activities. On 24 October 2014 shareholders approved the issue of three classes of redeemable preference shares with inter alia, varying coupon rates. The current products are redeemable after five years and are listed on the debt sector of the JSE main board. Ordinary shares are classified as equity. Mandatorily redeemable preference shares are classified as liabilities

INTEGRATED ANNUAL REPORT 2015 Page 42/47/77/83 – Interesting to note under the “South Africa issue of Preference Shares “Initial issue price redeemable after 5 years”, the company does not use the wording “Convertible”, however under the Botswana and Swaziland they do report” 5-year income provider with a variable rate redeemable, convertible units “.

INTEGRATED ANNUAL REPORT 2016: Page 13/14/60/61/99The preference share structures are based on redeemable preference shares that provide fixed returns on a capital growth, or monthly dividend basis. Investment Services raised investments of over R610 million from our premium preference share products, which was an 127% improvement over the previous period.

We have decided to list the first 3 years and are assured you get the “gist of it” and then without further exhausting reading lets list the final promise dating to 2019.

Directors Report 2019: - T.P. Gregory “In 2014, we introduced a preference share programme, which offered investors attractive yields and 100% capital redemptions after five years”.

NOTICE SENT OUT TO INVESTORS: Preference Shares: How Secure is your capital….” Market Liquidity and the willing buyer/willing seller mechanism of trading listed shares is still an option for the company clients as all shares are listed on the JSE, but in reality, who would want to risk trading when your capital is 100% secured.

Further the statement of 100% secured was an inducement to get investors to invest. May 2016 Newsletter – “After five years, the company automatically buys back the preference shares at the agreed amount of capital and return, which is confirmed in the Applicable Pricing Supplement (APS) presented to investors”. - The front page of this document describes the type of shares, the backside of the document is listed as the – Ecsponent –Program Memorandum, which should be read in conjunction. (Page 1 and 2).

Our investors can rest assured with the knowledge that the vast spread of investments reduces the risk significantly in our investment portfolio. Our companies are profit driven and cost effective, securing the best return for our investors. Under the watchful eye of the JSE and the Financial Services Board, investors can have peace of mind.

“Our preference shares are completely transparent, as investors know exactly which rate is being paid and they know that the company will redeem the investment after five years,” says Terence Gregory, CEO of Ecsponent Limited.

As an investor with Ecsponent you can have peace of mind as the market volatility does not affect your investment. Ecsponent has a fixed agreement with you to repay the investment after five years, regardless of what happens to the stock market.

Ecsponent offers investors 100% capital allocation from day one and pays good and reliable returns -- especially in the long term. We honor accountability to our clients, and treat our clients fairly at all times

Look at Ecsponent's preference share investment where the rate is fixed and is not exposed to the market fluctuations. It gives peace of mind knowing that the proceeds always beat inflation.

Preference shares pay fixed dividends and are often linked to the prime interest rate - as opposed to ordinary shares, The good news is that Ecsponent stays ahead. Fact is that we get the same average rate which general equity funds achieved on the JSE bull market over the past five years – but without the risks currently posed by the Stock Exchange.

The shift to preference shares can also be part of a protection (defence) strategy, especially if it is clear that direct shareholding is getting risky. Moreover, preference shares do not require as much management or attention as, for example, direct equity investments which need to be managed consistently. Preference shares certainly bring less stress and more peace of mind.

Investors need peace of mind, especially when the market is not exactly stable. This is possible with the preference shares, offered by Ecsponent. They have a fixed rate and are not affected by the fluctuating stock market. Ecsponent’s products are unique because their key features are similar to unit trust investments and endowment products.

Ecsponent’s preference shares are fixed and not linked to the fluctuations of the stock market. The investor knows exactly what will be earned over the next five years. It gives peace of mind and enables the investor to draw up a realistic business plan, budget or income plan.

The option to invest and control your own pension money is an opportunity to get out of the rigid pension fund system. It liberates you to start on a clean page. There are no penalties, control or hidden costs with Ecsponent and you know where you stand with your retirement.

With Ecsponent’s preference shares you know exactly what the return will be and you also don’t pay any costs. Moreover, you enjoy the flexibility of shares which may be traded on the JSE at any stage.

Take refuge from the confusion and enjoy carefree investments by looking at preference shares, offering a fixed rate without all the risks posed by ordinary shares or unit trusts. Rather consider an investment in preference shares that secures your capital while offering a fixed growth rate.

Ecsponent's preference share programme is regulated by the JSE and it provides Ecsponent with the capital needed to grow (see the how we have grown in 2015). The advantage for you as investor is that there are no management or other fees and additionally you are assured of a specific rate of return on your investment.

Ecsponent also offers a prime linked product to investors with larger portfolios. By offering fixed rates, investors know exactly what their return on investment will be. These investments are listed on the JSE and have similar features to other securities traded on this platform. Ideally, the investment term should be regarded as five years. After five years, Ecsponent automatically buys back the preference shares at the agreed amount of capital and return, which is confirmed in the Applicable Pricing Supplement (APS) presented to investors. The nature of Ecsponent's products ensures that investors have a secure plan, knowing their financial risks are managed prudently. They can rest assured, knowing these instruments meet all three of investors’ main requirements: safety, above-average returns and liquidity.

Ecsponent preference shares offer: fixed returns, regardless market volatility. You know exactly what the return will be, at ease knowing that JSE- listed preference shares offer you security.

With both the parent company and its products listed and regulated by the JSE, investors have security and peace of mind.

As your returns are fixed, there is little market or inflation risk. Your capital risk is limited as the investment falls under the highly regulated environment of the JSE and the costs involved are not passed on to the investor.

Ecsponent’s use of preference shares to provide predictable returns for investors.

Have a look at Ecsponent where volatility risk is minimised. Investors have no need to anticipate or predict the markets to ensure good returns. You are in control of the outcome of your investment, because fixed rates of return are applicable. In times of uncertainty, you enjoy investment certainty at Ecsponent, knowing what you will earn as well as what the underlying risks are. Thus, you invest in a product that ensures a margin of safety. Our first priority is to protect your wealth.

In this way, we do not only help to create wealth for our clients, but also ensure a pleasant investment journey.

Consider preference shares with these preference shares you eliminate risk factors of global markets and local markets. With Ecsponent preference shares you have peace of mind and can enter the New Year without worrying that political changes may sabotage your money.

What is a real investor? Consider Ecsponent’s investment options. It offers a simple investment structure in preference shares that offer a fixed rate. Dividends are paid punctually each month.

Why are fixed rate investments so popular nowadays? Reduced volatility risk Fixed investment returns offer the lowest risk on capital and returns when compared to other options. Reduced risk of poor performance the yield is not determined or linked to the markets, where returns can be volatile. Reduced risk of exposure

Limited exposure to factors which could lower the yield. There are no medium or high risks, only low risks which are very predictable.

You invest in something you understand the yield, period and objectives are clear. You know exactly what you are getting and you can identify whether it fits within your long-term investment plan.

No need to keep up with different types of investments. You know where you stand. You do not need to research a variety of investment options.

Ecsponent’s preference shares offer a fixed income and capital growth rates. They are listed on the JSE and are not exposed to market volatility in the same way as conventional unit trusts.

What is an investment? It is the proactive use of money to make more money, or to make your money work for you. You buy an asset, knowing that you can sell it at a profit in the future, if the value has increased.

Shares beat other assets Exposure to equities is important in a balanced investment portfolio, however, one does not have to invest in volatile growth assets. Preference shares provide a safe-haven for investors in times of financial uncertainty. Preference shares, such as the capital growth options offered by Ecsponent, offer fixed rates, growing at 11.2% per annum, regardless of what happens in the markets. You can determine your long-term goal and do not have to abandon your plans because of market fluctuations. In this way you control your investment while creating long-term wealth, without taking unnecessary risks.

The same investor’s’ who were indoctrinated and induced to invest by adverts on Television and YouTube, newsletters and false promises of old age security.

In the disguise of offering a safe haven for the capital invested and as not to raise any red flags, the company offered reasonable interest rates, a 11.5% over 5 years rates were competitive with the added bonus of withholding tax. Investors did not have to do calculations and pay over the taxes monthly on dividends.

Further, with the promise of the company operating as a specialist financial services group of companies, generating wealth through investment in financial and private equity assets in specific niche market sectors.

The nature of the company's products ensures that investors have a secure plan, knowing their financial risks are managed prudently. They can rest assured, knowing these instruments meet all three of investors’ main requirements: safety, above-average returns and liquidity

In George Manyere’s own words: I mean it’s not like you are taking money from billionaires who will not care if they lose a little bit of their money, but you are taking hard-earned money from Pensioner’s. He was open and transparent in his assessment, as most investors were in fact pensioners.

Fraud is defined as: “The unlawful and intentional making of a misrepresentation which causes actual prejudice, or which is potentially prejudicial to another.”

Promisses

www.afristratpumpanddump.co.za

PEOPLE WITH GOOD INTENTIONS MAKE PROMISES. PEOPLE WITH GOOD CHARACTER KEEP THEM.

INDUCEMENT TO THE INVESTMENT AND OR PRODUCT

Additional statements made: