LUDVIK HOLDINGS INC. WNTR DD COMPLETE RUNDOWN Up
Post# of 98042
Updated and corrected version:
DD taken from thehungryhippo
Note: I have never seen such concise DD about a company like this before. Everything is out in the open and with this DD an easy positive investment decision can be made. A long but very informative read.
Here is my DD, and Why I think this stock is bound for a run to .50 cents or more. Lets start from the beginning. Read all, but pay attention to the bold pieces and underlined text. This is me following the assets and history of Frank Kristan by looking through all the SEC filings I could find, and also piecing together information I gathered from my own digging, and conversations/emails with Frank Kristan.
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Frank Kristan BIO:
Frank Kristan, Vice President of Business Development Frank is the President of Ludvik Holdings, Inc ., a Delaware company specializing in venture capital, asset management and advisory services. He was the President and CEO of Patriot Advisors, Inc. which provides investment advisory services to investment funds, corporations and individuals. P atriot has also managed funds for private companies, delivering an internal rate of return exceeding 25% per annum during this interim of 1994 to 2004. Frank completed his work with the funds, total assets under management exceeding $50 million. Patriot also performed on guarantees to deliver financing exceeding $50 million.
Previously, he was Principal and CEO of Kristan Associates, a financial consulting concern furnishing financial advisory services to the telecommunications and financial services sectors. He began his career at Affiliated Computer Systems at which he provided computer and operational advisory services to banking and financial services institutions for merger and acquisition transactions. His Bachelor of Science in Mathematics was acquired from the University of Western Australia.
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(OK, So something happened in 2007 where Patriot fell apart, and Frank accused one of the trustees of stealing from the company, a big lawsuit happened, and Patriot Advisors was dissolved. Frank received a civil judgement against him, but it was not criminal, then Frank purchases the remaining assets of Patriot Advisors and forms Ludvik Capital inc. The main gain for Ludvik was that Patriot Fund L.P. had a loan for more than 7.6 million dollars- to Unitech Industries Inc.