However, like with previous Yorkville Advisors investments, the money comes with more strings.
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LeapRate Exclusive… LeapRate has learned from regulatory filings that binary options brokerage group EZTD Inc (OTCMKTS:EZTD) has received the second tranche of a $3 million equity investment made in the company by alternative investment firm Yorkville Advisors Global, LLC. The second tranche consisted of $2.2 million. We had reported on the first $800,000 tranche invested in EZTrader…
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LeapRate Exclusive... LeapRate has learned from regulatory filings that binary options brokerage group EZTD Inc (OTCMKTS:EZTD) has added Zviel Gedalihou as its new CFO. The appointment was effective as of January 30, 2017. EZTD operates binary options brands EZTrader (at website eztrader.com), Global Option (globaloption.com) and EZinvest (ezinvest.com). Mr. Gedalihou replaces Itai Loewenstein, whom we reported…
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LeapRate Exclusive... LeapRate has learned from regulatory filings that binary options brokerage group EZTD Inc (OTCMKTS:EZTD) has drawn down the first $3 million equity tranche from an $11 million investment commitment made to the company from alternative investment firm Yorkville Advisors Global, LLC. LeapRate had exclusively reported on the commitment made to EZTD by Yorkville in November. EZTD…
Read moreEZTrader.com's parent company stated that there is a substantial doubt that the Company will continue as a going concern.
Read moreBinary options brokerage EZTD Inc (OTCMKTS:EZTD), parent company of CySEC regulated WGM Services Ltd which operates binary options brands EZtrader.com and EZinvest.com, reported its Q1 results showing a growing net loss and decreasing revenues, despite a large ramp-up in marketing spend. EZTD lost $3.3 million in Q1, a fairly large number given its Revenues in the quarter were…
Read moreCyprus financial regulator CySEC has taken measures to suspend the CIF license granted to WGM Services Ltd., parent of binary options broker EZTrader.com. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. EZTrader reported revenues of $7.95 million for the first six months of 2014, but was…
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