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Huntwicke Capital Group Inc.  (MIFC)
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Price: $0.0000 $0.00 %
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Volume (M): 0 52 Wk High: $ 0.00
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 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 2
 Employees 1
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) -0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
Huntwicke Capital Group Inc.
Magnolia Lane Income Fund was incorporated in the state of Delaware on May 12, 2009. We were formed to commence business as a stock agent in the wool trade.

On May 13, 2013, we entered into a stock purchase agreement (the “Stock Purchase Agreement”) with Ian Raleigh and Michael Raleigh (the “Sellers”) and Magnolia Lane Financial, Inc. (the “Purchaser”), whereby the Purchaser purchased from the Sellers, 10,000,000 shares of common stock, par value $0.0001 per share, of the Company (the “Shares”), representing approximately 69.57% of the issued and outstanding shares of the Company. As a result, the Purchaser became the majority shareholder of the Company.

In connection with the Stock Purchase Agreement, we have ceased pursuing our prior business plan and have begun focusing on our new business which is to manage and invest in real property. Our current Chief Executive Officer and sole director, Brian Woodland, has numerous years in the real estate acquisition, syndication and asset management business. We intend to acquire real estate in small markets with high degrees of safety to provide income streams to our shareholders. In addition, we will develop, syndicate, manage and acquire property for capital appreciation.

In connection with this change of control and change of business, we have conducted a name change and reverse stock split. On August 1, 2013, we filed a Certificate of Amendment to our Articles of Incorporation (the “Amendment”) to change its name from “Palmerston Stock Agency, Inc.” to “Magnolia Lane Income Fund” (the “Name Change”) and to memorialize a 1:8 reverse stock split (the “Stock Split”). The Amendment was effective as of August 1, 2013.


MIFC is expected to report next financial results on December 14, 2018.
 

Huntwicke Capital Group's Segments
 
 
 
Company Estimates
 
 
  Revenue Outlook
   Huntwicke Capital Group does not issue revenue guidance.

  Earnings Outlook
   Huntwicke Capital Group Inc. does not provide earnings estimates.  

 

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Customers Net Income fell by MIFC's customers Net margin grew to
-20.13 % 6.54 %
• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers
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