22.06.2016 Views

8 LIMITED LATEST BROCHURE

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

E I 8 H T<strong>LIMITED</strong><br />

Sources, mandates & promotes Commodity Transactions


I N D E X<br />

_________________________________________________________________<br />

1. Introduction<br />

2. Commodity Opprobrium<br />

3. Objective<br />

4. Procedures<br />

5. - 6. Advantages<br />

7. Conclusion<br />

8. Appendix


INTRODUCTION<br />

__________________________________________________________________________<br />

Historically, man has traded goods, region to region for in excess of 12,000 years.<br />

Nowadays sophisticated procedures have evolved to instil a degree of<br />

certainty into trading practices.<br />

Trading in the bulk buying and selling of primary products, for example, grain,<br />

palm oil, sugar and coffee (soft commodities); iron ore, rubber, copper and gold<br />

(hard commodities) is collectively referred to as Trading in Commodities, and is<br />

the subject matter of this introduction to our Company.<br />

Notwithstanding the sophistication of current procedures the high value of<br />

commodity trades attract fraudsters, swindlers and interveners, who have<br />

become so prevalent in this fast evolving electronic age, that the vast majority<br />

of Commodity Trades are destined to fail for one reason or another.<br />

Our Company offers it’s services with a view to rendering commodity trades<br />

viable whether it be on behalf of the Buyer, the Seller, or both. We source sellers<br />

with products and buyer’s seeking products, promote and facilitate Commodity<br />

Transactions in which ever manner is the most favourable with the object of<br />

securing long-term trading relations between the parties. At the same time we<br />

ring fence buyers and sellers from interlopers promoting their own agenda. Our<br />

task is to act in the best interests of both buyer and seller in forging fair long-term<br />

business relations.<br />

We secure contractual relations both with buyer and seller. Our prime objective<br />

is to establish an impartial degree of unanimity through acquiescence in<br />

contractual negotiations and relationships. Further, we take all necessary<br />

measures to protect commission entitlements whilst obviating the need for those<br />

entitled to commission from involvement in negotiations between buyer and<br />

seller.


COMMODITY OPPROBRIUM<br />

___________________________________________________________________________-<br />

The size and value of Commodity Trades attracts people from all walks of life<br />

and from all levels of society. There is no qualification requirement imposed<br />

upon participants within the Commodities Markets, nor obligatory governing<br />

rules and regulations to observe. The only common denominator appealing to<br />

those merely concerned with their own interests appears to be the substantial<br />

financial elements involved. The movement of goods from one part of the globe<br />

to another for the furtherance of industry and commerce seems but a side issue.<br />

Over the years the International Chamber of Commerce has introduced and<br />

revised a variety of terms and conditions designed to facilitate international<br />

commodity trading. Despite these numerous revisions and modifications the<br />

success rate of trades continues to be woefully small, much one fears, owing to<br />

the inherent greed factor of those attracted to the industry, coupled with the<br />

general lack of knowledge as to how the commodity industry operates. A bye<br />

product of this high failure rate is the paucity of permanent trade links and the<br />

ever- increasing complexities required in securing safe and reliable trading<br />

systems.


OBJECTIVE


OBJECTIVE<br />

___________________________________________________________________________-<br />

In consideration for a commission that is dependent upon our remit, our<br />

company sources goods on behalf of established buyers and sources buyers<br />

of goods, on behalf of established sellers. We seek to ring-fence all third party<br />

interests thereby excluding them from intervening and/or interfering with<br />

discussions and negotiations undertaken directly between buyers and sellers.<br />

We do however secure all intermediary’s interests before bringing the buyers<br />

and sellers to the negotiating table. As our company expands its portfolio of<br />

participants within the commodities market, we promote our clients’ interests<br />

and their reputation within the commodities market as a whole and maintain<br />

trade links for the long term. To illustrate our company’s activities we use the<br />

analogy of comparing the creation of business links to that of the activity of<br />

neurons within the human brain. Through each active branch flows an electric<br />

current, like goods along a shipping route, forging links to other parts<br />

of the globe. The greater the flow, the stronger and more consolidated the link.<br />

Our objective it to create an ever-increasing international and global<br />

assemblage of integrated, sustainable and reliable networks of trade; from start<br />

to finish. Networks, where reputation and reliability are of paramount<br />

importance.


Procedures for adoption with<br />

Suppliers and Buyers of Commodities<br />

___________________________________________________________________________-<br />

1. Source suppliers capable of generating supplies of diverse products on<br />

a commercial (commodities) scale and undertake due diligence.<br />

2. Negotiate formal Agreement of supplier’s appointment of Ei8ht Ltd<br />

authorizing Ei8ht to represent supplier (and subsequently joining the<br />

buyer) in securing sales on its behalf, incorporating a provision to include<br />

any buyer sourced by Ei8ht into the Agreement;<br />

3. Liaise with supplier in the preparation of an export strategy sufficient to<br />

prepare draft documentation of Offer and Sale and Purchase<br />

Agreement for presentation to potential buyers.<br />

4. Source buyers for supplier’s products and undertake due diligence.<br />

5. Liaise with supplier in the preparation of a draft Corporate Offer for<br />

presentation to buyers.<br />

6. Negotiate the buyer’s inclusion into the Agreement referred to in 2<br />

above.<br />

7. Liaise with buyer in the preparation of an import strategy sufficient to<br />

prepare draft documentation of Acceptance of Offer for presentation<br />

to potential buyers.<br />

8. Liaise with both supplier and buyer in settling any incompatibilities or<br />

inconsistencies in import/export strategies to the mutual benefit of both<br />

parties.<br />

9. Oversee the service of Soft Corporate Offer upon the Buyer.<br />

10. Oversee the service of Corporate Purchase Order (or Counter Offer<br />

where applicable).<br />

11. Secure Offer and Acceptance and oversee service of draft Sale and<br />

Purchase Agreement.<br />

12. Assist in the settling and execution of Sale and Purchase Agreement.<br />

13. Liaise with both parties in all formalities necessary for the compliance of<br />

terms, conditions and procedures to effect the intended transaction/s.<br />

14. Act as paymaster in the formal and regulated settlement of all<br />

Intermediaries and commissions payable by the supplier and buyer.<br />

15. Establish long term trading relations with both suppliers and buyers<br />

generally.


ADVANTAGES


ADVANTAGES<br />

The principal advantages we bring to Commodity Trading are:-<br />

a) Efficiency<br />

i) Through our research, we have collated information relating to sources of<br />

supply of a wide variety of products around the globe. Similarly, we document,<br />

record and retain information relating to sellers and buyers with whom we have<br />

conducted business. We retain a wealth of information relating to the channels<br />

by which we can research data necessary to achieve links to facilitate<br />

transactions around the globe. In addition, we pride ourselves in having a<br />

networking department capable of achieving results within the shortest time<br />

possible;<br />

ii) We seek to protect buyers and sellers from<br />

third party interference to ensure they suffer<br />

minimal disruption (if any) in their negotiations. We also seek to eliminate<br />

the involvement of persons likely to sabotage transactions;<br />

iii) We advocate simplicity in procedures and only when obligated, do we<br />

offer our services in providing assistance in facilitating trade;<br />

iv) We act as paymaster for recipients of commissions and distribute all<br />

commissions in accordance with the Irrevocable Master Fee Payment<br />

Agreement (IMFPA) or such other applicable agreement, whilst observing<br />

all regulatory requirements.<br />

b) Reliability<br />

i) We seek to ensure reliability. Should we encounter failure on the part<br />

of one or more link/s in the commodity chain, we advise all parties of the<br />

position and employ our resources in repairing or replacing the broken<br />

link/s at the earliest opportunity. The cause of the failure documented to


minimise the risk of re-occurrence and where applicable, the perpetrators<br />

blacklisted;<br />

ii)<br />

We invite sellers to issue Offers, providing guideline prices, omitting<br />

actual prices until the buyer’s identity is revealed. After buyers declare<br />

their<br />

readiness to proceed, we invite sellers to issue actual prices. This<br />

ensures sellers do not waste their time in issuing offers to which buyers are<br />

unable to respond within the sellers allotted time period.<br />

iii)<br />

We make it a central policy of ours to report any failure, or misconduct on<br />

the part of sellers, buyers, or other parties involved in commodity trading so<br />

as to minimize the likelihood of any reoccurrence of the same and as a<br />

deterrent from attracting anyone with the wrong motives.<br />

c) Growth<br />

i) Our ambition is to grow exponentially. To provide our clients with<br />

contractual<br />

relations, to source products and their buyers and to be paid, by results;<br />

ii)<br />

We seek to establish an environment in which trading can be undertaken<br />

in an efficient and reliable manner, with a success rate exceeding that<br />

prevalent on the open market.;<br />

iii)<br />

Our success will be reflected in our ability to provide the services we offer<br />

speedily and positively.<br />

d) Honourability.<br />

i) Perhaps most importantly, we seek to perform honourably and conduct<br />

our business<br />

with transparency, save as to the identity of the Buyers and Sellers whom<br />

we introduce<br />

only after all commissions have been contractually secured;<br />

ii)<br />

Dishonourable conduct falls outside the parameters of our activities and<br />

will not be tolerated under any circumstances.


Reliability<br />

_____________________________<br />

i) We seek to ensure reliability of all links in the commodity chain. Should we<br />

experience failure on the part of one or more links in the chain, we shall<br />

advise all parties of the position and employ our resources in repairing or<br />

replacing the broken link/s at the earliest opportunity. The cause of the failure<br />

will be documented so as to ensure that it never re-occurs, and where<br />

applicable, the perpetrator blacklisted;<br />

ii)<br />

We invite sellers to issue Soft Corporate Offers, providing guideline prices,<br />

omitting actual prices until the buyer’s identity is revealed. After the buyer<br />

declares its readiness to proceed, we invite the seller to issue actual prices. This<br />

ensures the seller does not waist its time in issuing an offer the buyer is unable<br />

to respond to before the offer expires;<br />

iii)<br />

We make it a central policy of ours to report any failure, or misconduct on<br />

the part of sellers, buyers, or other parties involved in commodity trading so as<br />

to minimize the likelihood of any reoccurrence of the same and as a deterrent<br />

from attracting anyone with the wrong motives.<br />

c) Growth<br />

i) Our ambition is to grow exponentially. To provide our clients with<br />

contractual relations, to source products and their buyers and to be paid, by<br />

results;<br />

ii)<br />

We seek to establish an environment in which trading can be undertaken<br />

in an efficient and reliable manner, with a success rate exceeding that<br />

experiences in the open market, if not 100%;<br />

iii)<br />

Our success will be reflected in our ability to provide the services we offer<br />

speedily and positively.


Honorability<br />

____________________________________<br />

i) Perhaps most importantly, we seek to perform honorably and<br />

conduct our business transparently, save as to the identity of the<br />

Buyer and Sellers whom we introduce once all commissions have<br />

been contractually secured;<br />

ii)<br />

Dishonorable conduct falls outside the parameters of our<br />

activities and will not be tolerated under any circumstances.<br />

CONCLUSIONS<br />

Efficiency, Reliability, Growth, Honourability is the essence of what we offer our<br />

clients, in an industry renown for its shortcomings and high failure rate.<br />

We seek to provide our services in a manner that is fair, cost effective and<br />

transparent and in a manner that is to the advantage of all those (in particular<br />

buyers and sellers) with whom we do business.


E I 8 H T<strong>LIMITED</strong><br />

Sources, mandates & promotes Commodity Transactions<br />

Ei8ht Limited<br />

R/O: 31/F, Chinachem Century Tower<br />

178 Gloucester Road,<br />

Hong Kong.<br />

Co. Reg. No. 2266643<br />

Directors: Mr. R. A. Bernstein.<br />

Mr. A. Williams<br />

Contact: Mr. Roy Bernstein 00 44 (0) 7808 92 61 47<br />

Mr. A. W. Williams. 00 44 (0) 7913 22 56 36<br />

Email: 8ltd01@gmail.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!