Newpoint is a sham: Part 4

Newpoint received use of Trevor Saliba and Ian Fleming's $42bn treasury bond but pay $0 in interest over 20+ years. Sham?

No joke.

Ian Fleming - discussed in Newpoint is a sham: Part 2 - is not only a "moron ... wacky" according to the NY Post article - but, according to this blogger, is the most generous billionaire I've ever heard of and never met.  

Trevor (struck off for life by FINRA and the US SEC) Saliba has provided Newpoint carte blanche use of Ian Fleming's bond (which according to Trevor is legit) - without consideration.  Generous.  So it seems.  

Public documents record:

1. Ian Fleming (a confessed forger of $11bn in cheques - see NY Post article) apparently owns a $42bn US Treasury Bond due to mature in 2043 (according to himself, Trevor Saliba and NMS Special Opportunity Fund LP).  See NY Post article.  
2. Ian Fleming kindly "loaned" the $42bn US Treasury Bond in return for no money BUT "... has determined that he will (future tense) receive Class B Common Shares or membership interest ..." in NMS Special Opportunity Fund LP (Delaware).  Nice.  But is this believable?  Which former crim would give up $42bn in future money for a piece of Trevor Saliba's finest stationery? Not now, but some time in the future?  See Ian Fleming's pledge document.
   1. The pledge documents are apparently dated: 10 April 2017, 15 October 2019 and subsequently 30 March 2020.
      1. 17-758346317 - view here.  This document expired automatically on 3 May 2022 - this is important.  
         
         
         

      2. 2077728397 - amending financial statement filed, amending ref 17-758346317.  Click here to view filed amending financial statement. 

      3. 3 May 2022 expired - lapsed pursuant to auto-generated dealing U220189632229.  At this time, by operation of law, apparently $42bn in funding apparently unsecured yet Newpoint is handing out Ian Fleming's security like confetti.  A true copy of the automatic lapsing notice can be viewed here.
         
         
      4. The effect of the lapsing was that, until corrected  the confetti handed out by various Newpoint entities was unsecured (even if the Treasury Bond is legit).  The blogger says that at no time since 3 May 2022 has either Newpoint or NMS Special Opportunity Fund LP corrected various defective 'security.  Further analysis to follow.
      5. The blogger says the following has or received (or are possession of worthless) unsecured security:
         
         American Millenium Insurance Company (NJ, USA)
         Band And Co., Nominee for U.S. Bank (WI, USA) 
         Citadel Reinsurance Company LTD (Bermuda)
         General Professional Indemnity LTD (Bermuda)
         Get Cover Limited (UK)
         Mantengu Mining Limited & Langpan Mining Co (PTY) LTD (RSA)
         NEWPOINT BROKERS LIMITED (UK)
         NEWPOINT FINANCIAL CORP. (CA, USA)
         NEWPOINT FINANCIAL CORP. (DE, USA)
         NEWPOINT FUNDING LTD (UK)
         Newpoint Lux SV Sarl
         Newpoint Reinsurance Company Limited (Nevis, St Kitts & Nevis)
         NFG Partners Sarl
         NFG SARL (Switzerland, Switzerland)
         Novea (WY, USA)
         NPFC SPV 1 Inc (WY, USA)
         OSSO ENERGY PLC (UK)
         Patrons Group Holdings, Inc. (NV, USA)
         Patrons Mutual Fire Insurance Company (NV, USA)
         Perfuturo International Insurance, Inc (Guam)
         Specialty Management UK LTD (UK)
         Spectrum Risk Management and Reinsurance DMCC (UAE)
         Starstone National Insurance Company (NJ, USA)
         Trailblazers Insurance Company
         
         
3. Moreover, it is believed that neither Newpoint nor NMS Special Opportunity Fund have proper legal advice on the the Ian Fleming security, otherwise the above defect would have been discovered and perfected.  The record shows this.  The blogger Mark Smith invites anyone interested to discover this defective security to search the following .... at:  https://bizfileonline.sos.ca.gov/search/ucc
   
   
   1. Despite the above lapsing, it is believed that even today Newpoint including Newpoint Surety & Asset Finance Ltd (who is trying to raise $1.5bn+ on the London Stock Exchange has not twigged that its security - even if the Treasury Bond is legit - is defective.  Further analysis to follow.
   2. The defect has obvious knock on effects for AM Best Credit Ratings and PVI Insurance not to mention unsecured policyholders.

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Regards,

Mark Smith.