First Growth Funds - Investment Portfolio Overview

I thought I'd post this for the benefit of fellow Shareholders. It's a collection of recent investments made by First Growth Funds and some updates for each respective company.

All of the information in the table reflects announcements made public by each listed company and FGF made available at the time of publishing.

It took me a bit of time to pull it all together... so hit the thumbs up if you find it informative and useful.

Portfolio of Digital Currency Investments
Investments	Industry	Investment Amount	Return	Announced	Status
MailGuard (Global Guard)(https://www.mailguard.com.au/ and https://www.globalguard.io/)	GlobalGuard is a new cybersecurity ecosystem designed to offer cryptocurrency security and protect businesses from email malware, phishing and social engineering attacks.	US $100,000	To be confirmed	20/03/2018	GlobalGuard announced they were set to launch in late 2018 and were actively seeking new partnerships.
Bankorus (https://www.bankorus.com/)	Private wealth management platform powered by AI and built on the blockchain	US $100,000	To be confirmed	Shareholder Update – May 2018	Bankorus has partnerships with companies such as Microsoft, Bain, and Roland Berger to reach out to potential clients. Other business partners and private wealth management colleagues include Noah Holdings Limited (NYSE: NOAH), Quark Wealth, Phoenix Finance, Pang Mao Bao, and several family offices in China, Israel and Europe. Digital X announced in the Quarterly Activities and Cashflow Report on 30/04/19 that they continued to provide advisory assistance on Initial Coin Offering during the quarter to Bankorus. On 11 March, 2019, Medici Ventures, the blockchain investment arm of Overstock, acquired a 5.1 percent equity stake in Bankorus.
Lympo (https://lympo.io/)	A cryptocurrency token intended to incentivize users to lead healthier lifestyles by rewarding such behavior.	AUD $250,000	A$250,000 worth of LYM tokens at a price of EUR0.05 each	Shareholder Update – May 2018	Lympo has successfully completed its ICO and is listed on three digital currency exchanges. Lympo has a current supply of 999,999,999 LYM with 826,672,989 LYM in circulation. Lympo have an ambitious roadmap which forecasts 730k users of the app by Q1 2020 - https://lympo.io/project-roadmap/. In November 2018, Dallas Mavericks and Mark Cuban partner to launch blockchain fitness app Lympo. LYM tokens -https://coinmarketcap.com/currencies/lympo/
EQI Bank (https://eqibank.com/)	The world’s first licenced and fully regulated offshore bank providing Private and Corporate Banking, Cryptocurrency Custody, Fiat and Cryptocurrency Lending and other services.	AUD $250,000	To be confirmed	Shareholder Update - June 2018	EQI successfully completed a US$4M pre-ICO funding. EQI has achieved a major milestone by securing its banking license and is a registered off shore bank in the Cayman Islands. The EQI tokens have been issued and will be held in escrow until some point in 2019 when a correspondent banking relationship is expected to be secured, requiring a further US$7M in funding - Shareholder Update - September 2018, 21/09/18. EQI Bank launched on October 10, 2018.
Proton(https://www.proton.global/)	Digital Marketing via Data Fusion and Collaboration	AUD $200,000	To be confirmed	Shareholder Update - June 2018	Blockchain Global and Blockshine Technology are listed as investors of Proton. Roadmap featured on the company's website.
Human Protocol (https://www.hmt.ai/)	Big Data	AUD $200,000	To be confirmed	Shareholder Update - June 2018	Roadmap featured on the company's website. Based in the U.S. Company has yet to list on an exchange. Product development scheduled to be completed in Q3 2019
Acudeen (https://acudeen.com/)	Invoice Factoring Platform, Company Backed by US Venture Funds	Nil. Receive fees & Tokens for Digital Currency Business Unit Servies	FGF will receive 20% of the token pool and will be entitled to a US $250,000 fee payable once the first US $1M is raised in the token sale. FGF is also entitled to 6.25% fee on the sale of tokens held by Acudeen. First commission payment is due once Acudeen raises US $5M.	28/06/2018	ACU Token began trading on registered and regulated Australian Crypto exchange, BTCEXA on 24 August 2018. Acudeen has 10 Billion tokens on issue and was listed at 0.008501 per token at the time of writing, giving a total market capitalisation of US$85 Million. On April 17th 2019, ACU listed on SOAR EX, the largest liquidity pool and orderbook of Bitcoin in Southeast Asia. "FGF has made disclosures to the market about the status of the crypto market. FGF has not sold any tokens at this stage due to the lack of liquidity in the market" - Response to ASX Query Letter 21/04/19
CCP Technologies (https://www.ccp-technologies.com/)	Blockchain and IoT Solutions for the Food Sector	$250,000 at 2 cents per share with a one for one free attaching 2 year matching unlisted options exercisable at 3 cents	FGF invested $250,000 plus also facilitated the investment from Penta Global that invested $561,247 using its tokens. FGF is entitled to a $33,675 fee for facilitating the investment. FGF also received a fee from its pre-IPO investment.	17/07/2018	In January 2019, CCP announced it has been tasked with delivering IoT sensors for Cre8tec, a “rodent monitoring equipment manufacturer” and has signed a head agreement for product development with Eposode Data Solutions which includes an initial contract to design and develop a new IoT device for the consumer market. On March 14 2019, CCP announced they has boosted its contract IT development revenue by 35% since February, while its subscription sales pipeline has now exceeded $800,000. Excluding reseller sales, this pipeline only includes direct sales, with a further $288,000 at contract stage in the pipeline for 1,300 smart monitoring tags.
YPB Group (YPT) (https://ypbsystems.com/)	Anti-Counterfeit Platform and Solution	AUD $500,000	The fees payable to FGF under the agreement is as follows: i) receive 20% of the Tokens issued by YPB under the agreement. ii) be entitled to an activation fee in the aggregate amount of US$175,000 to be paid in US dollars from the Net Proceeds YPB receives from the first US$1 million raised through the sale of Tokens allocated to YPB (First FGF Activation Fee). iii) be entitled to an activation fee in the aggregate amount of US$175,000 to be paid in US dollars from the Net Proceeds YPB receives from the second US$1 million raised through the sale of Tokens allocated to YPB (Second FGF Activation Fee). iv) be entitled to receive commission equivalent to 6.25% of the US dollar value received from the sale of all Tokens allocated to YPB under this Agreement (FGF Commission). The FGF Commission shall accrue until such time as YPB has raised at least USD$5 million from the sale of Tokens allocated to it. - YPB:Response to ASX Query 12/04/19	29/08/2018	YPB Group (ASX:YPB) has developed patented anti-counterfeit marks, called ‘Motif Micro’, that can be scanned through a smart-phone app to achieve highly secure two factor product authentication. "YPB is advised that the process of creating the YPB token (YPT) should be completed by mid-April 2019 at which time YPB will provide further details to the market" - Update on YPB token 03/04/19 YPB will be one of the first ASX listed business to sell its own in-house developed token. Brands will be able to use YPB tokens to access the YPB Connect product suite and the smartphone readable “Motif Micro” technology in lieu of cash payments.
Hypercash (formerly known as HCASH) (https://h.cash/)	Digital currency protocol with its own unique blockchain similar to Bitcoin or Ethereum with a market cap of $150M and with a daily trading volume of $25 Million	Under the placement terms, there is no dilution or direct investment in FGF	FGF will act as a broker and receive 6% or up to $900,000 in fees for facilitating the investment in other listed companies. FGF to receive up to $900,000 in commission	10/09/2018	HC is listed on Binance - https://www.binance.com/en/trade/HC_BTCHC was listed on BitKan Smart Trade on April 29th 2019 - https://bitkan.com/en/currencies/HC

Existing and New Equity Investments
Investments	Industry	Investment Amount	Return	Announced	Status
Cloud Lumen (http://www.cloudlumen.com/index.html)	Outdoor Smart LED Lighting Market	AUD $350,000	Ownership of 18.5% of the company	Ann: FGF Invests in IoT company Cloud Lumen - 28/12/2016	Cloud Lumen revealed their intent to trade on the ASX on 29/08/2017. The company have yet to list on the ASX
CryptoData Vault (Sovreign Cash Tokens- SOVC) (http://cdv.io/)	Cyber Security - Hardware Wallet for Custody of Digital Assets	US $250,000	(1) Secured 15.56% of all SOVC Tokens (6.69 Billion) (2) 50% interest in CryptoData Vault LLC that owns 30% of all tokens (3) 6% success fee for all tokens sold by CDV	SOVC listed on BTCEXA on 24/10/18	CDV’s development team includes participation of four leading edge companies providing technologies via license agreements: Heuresy Labs LLC, Stealth Entry LLC, Xped Limited, and Proxidyne Inc. They are contributing expertise, technology, and intellectual property developed with tens of millions of dollars invested to date. SOVC listed on BTCEXA at a price of $0.0058
FutureEdge Capital (formerly FutureICO)	Compliance and Token Issuance Platform	AUD $285,000	Following the subscription, the capital structure of FutureICO will be approximately DigitalX (34%), Blockchain Global Limited (34%), Big Start Pty Ltd (7%) and First Growth (25%).	18/09/2018	"The progress of the FutureICO platform has been slower than anticipated due to a rebrand to FutureEdge Capital and difficulties in obtaining banking services for the platform. DigitalX still expects to launch this financial year, subject to clearing all regulatory and compliance hurdles and securing banking services." - DigitalX Appendix 4C - quarterly, 31/01/19
LINCD (https://www.lincd.co/)	Blockchain as a Service Platform	Acquisition for approx AUD $1,000 plus a AUD $250,000 loan to be repayed by LINCD to FGF	30,000,000 of HT8 shares plus (1) 20,055,334 HT8 options exercisable at 2.5c when LINCD ghenerates no less that $1.35M in revenue within 24 months of the issue date and (2) 20,000,000 options exercisable at 3.5c when LINCD ghenerates no less that $1.05M in revenue within 24 months of the issue date	17/01/2019	Harris Technology Group Limited (ASX:HT8) to acquire LINCD.HT8 will hold their EGM on 3 May 2019, with completion of the sale of LINCD to HT8 to occur on the EGM date.
Globex(https://www.horizon-globex.com)	A technology company, with offices in Europe and USA, providing a software platform for issuing, managing and trading of regulated security tokens that are fully compliant and operate under financial services licence.	US $250,000	FGA will charge a fee for the license. Confirmation required as to whether FGA will still continue to charge fees for creating the tokens including any advisory on smart contracts, listing fees and trading fees. As per the Quarterly Activities and Cashflow Report on 30/04/19 - "FGF and FGA are not involved in, and do not provide token advisory services for, the development, creation, issuing and listing of Tokens"	13/02/2019	Globex is developing software solutions for regulated security digital assets.
SQID Technologies (https://sqidpayments.com.au/)	Payments and e-Commerce	$500,000 with the payment held in trust and funds returned to FGF if the listing does not proceed.	Performance Payments to First Growth Advisory1) First Growth Advisory will receive performance payments of $550,000 if, for the financial year ending 30 June 2020, the transactions value processed revenue for SQID exceeds $150,000,000 in card transactions, as reflected in the SQID’s audited financial statements for the year ending 30 June 2020; and (2) a further $550,000 if, for the financial year ending 30 June 2021, the transactions value processed revenue for the SQID exceeds $250,000,000 in card transactions, as reflected in the SQID’s audited financial statements for the year ending 30 June 2021.Performance Payments by First Growth Funds1) First Growth Funds will make performance payments of $350,000 if, for the financial year ending 30 June 2020, the transactions value processed revenue for the SQID exceeds $150,000,000 in card transactions, as reflected in the SQID’s audited financial statements for the year ending 30 June 2020; and(2) a further $350,000 if, for the financial year ending 30 June 2021, the transactions value processed revenue for the SQID exceeds $250,000,000 in card transactions, as reflected in the SQID’s audited financial statements for the year ending 30 June 2021. If SQID reaches all its milestones, FGA will make $550,000 upfront fee + 2 x $550,000 = $1.65m revenue	1/03/2019	A further investment of $500,000 will be made on successful listing.
Australian Nutrition & Sports Limited (https://answellness.com.au/)	Nutrition and supplementation	Short-term interest bearing loan of AUD $200,000	Interest not specified in announcement	Quarterly Activities and Cashflow Report - 30/04/2019	Loan to be repayed to FGF with interest

Large Cap & Small Cap Listed Investments
Investments	Industry	Investment Amount	Return	Announced	Status
Pearl Global (ASXG1) (https://pearlglobal.com.au/)	ASX Listed company involved in the process of tyre recycling	FGF invested $350K at pre-IPO and successfully listed the company on the ASX	2,225,000 shares at 16c and 729,166 options	28/12/2016	FGF continues to hold the stock. PG1's SP has been on a stead decline since listing on the ASX in early 2018. In March 2019, Pearl entered into a placement agreement with ROC Asset Management for $5M worth of full paid ordinary shares at 12.7c. See Appendix 4C & Quarterly Review - 30/04/2019
Datable Technology Company (https://3tierlogic.com/)	Consumer digital and social media engagement, data mining, and loyalty solutions primarily in Canada and the United States	CAD $210,000	"On 28 June 2018, FGF announced an investment of CAD$210,000 in Datable. Given the timetable for the placement was going to take much longer than initially agreed, FGF has elected to have its funds returned ." - Quarterly Activities and Cashflow Report 26/07/18	28/06/2018	Listed on Canadian Venture Exchange (CVE: DAC)
Kleos (ASX:KSS) (https://kleos.space/investors/)	Geospatial Intelligence	AUD $250,000	5% Broker Fee on it's investment	Announced in Quarterly Activities and Cashflow Report - 26/07/2018	FGF has taken some profits and continues to hold the stock - Quarterly Activities and Cashflow Report 30/04/2019