Wayne Blazejczyk Discusses FDCTech’s Subsidiary Genesis Divesting Mortgage Businesses for $1.75m

As a significant shareholder of FDCTech, Inc., Wayne Blazejczyk must stay aware of the business dealings of FDC’s subsidiary companies as their decisions may impact the fortune of the company and, therefore, the value of his stocks.

Australia-based FDC subsidiary Genesis Financial Inc. recently sold its mortgage brokering business, Interactive Mortgage and Finance Pty Ltd, to Haisto Consulting Pty Ltd. for $1.75 million, or AUD 2.3 million.

In a recent press release, FDC described the reasoning behind the divestment as such:

“Genesis has reached an agreement to divest its mortgage brokering business … to provide surplus capital to acquire complementary companies in wealth management, digital assets, and financial brokerage.”

FDC went on to explain the highlights of the deal in more detail through the following list:

• Enables Genesis to concentrate on its core activities in the financial planning and advisory sectors in Australia.

• Retains the ability of our 114 in-house financial advisors with over $540 million under advice and dealing group to cross-sell mortgage broking services through the Buyer.

• Proceeds from the sale of IMF will enable FDCTech to acquire other profitable dealer groups in Australia, resulting in a positive step-change in revenue, assets under advice, and assets under management.

• An ongoing relationship with the buyer, with a vast and robust distribution network, provides further organic growth opportunities and synergies.

Blazejczyk is confident about the new financial opportunities brought forth by the Genesis deal in light of this information. Not only will this deal bring forth potential growth for Genesis, but also in turn for FDC, as well; thus, benefiting all shareholders involved.

Additionally, the Executive Director of Australian operations at Genesis, Nick Brookes, provided the following statement regarding his perception of the agreement: “This transaction will realize a significant cash injection to the Australian subsidiary and enable us to focus on the core activities in line with FDCTech’s overall corporate acquisition strategy.”

Brookes continued with an uplifting message, “Our colleagues at Genesis should be commended for their efforts, along with those of our team, to achieve this turning point for the Australian operations.”

Thanks to this reassurance from Brookes and the important information provided by FDC, Wayne Blazejczyk is pleased with the announcement of the sale of IMF by Genesis. He looks forward to the future progress of FDCTech, Inc. and its subsidiaries.

For more information about Genesis and the future of FDCTech, you can read the full press release here.

The Australian Securities and Investments Commission, ASIC Warns from Taking Advice From “Fik Tok.”

Wayne Blazejczyk finance industry expert and field hockey athlete and coach, talks about how the Australian Securities and Investments Commissions warns about taking advice from “Fik Tok.” A 24-year-old Sydney woman who has over 15,000 followers from her posts and videos, seems to have all the right advice from things like cheap date ideas, to buying the right house, saving your first $100,000, and even investing in Dogecoin. She has worked as a financial manager and has accumulated close to $350,00 of assets in 5 years. She has become one of the finfluencers, social media content creators building an audience through dispensing financial advice.

Wayne Blazejczyk finance industry expert says becoming a finfluencer seems to be the lucrative trend these days, however the ASIC warns from taking advice from “Fik Tok.” First off, placing yourself as a financial advisor without a license can lead up to $135,000 and 5 years in prison. However, to become a finfluencer it requires no expertise at all. This is where it gets tricky. So, who then are you really following? An expert of someone who claims they are an expert, and you follow them, take the advice because they have tons of followers. Not smart.

Here are a few tips to assess the credibility of an influencer and their advice. First, do not assume that just because someone has a lot of followers that they should be followed. Do your homework. Research who this person is, what experience they have, check out their educational background do not just take it for granted that they are who they say they are and should be automatically qualified for their advice. Make sure there is evidence to back up their claims.

Also, if they are really making money and credited, then why would they give away all their secrets that made them rich for free? That makes no sense. You would think they might give you a taste of their tips in financial success but then charge you for the rest. If they have some strategy that beats the market, why are they on social media bragging about it? Anyone advertising a stock or product or financial strategy on social media should be questioned.

Last thing, just like the pyramid schemes, the “get rich quick” schemes you should be wary of them. It can be possible to make large ROIs, however taking advice from someone on social media is probably not telling you all the truth, unless they are trying to get you to try your chances as a finfluencer.

Wayne Blazejczyk Previews Field Hockey in This Year’s Olympic Games

Wayne Blazejczyk has everything you need to know about hockey at the Olympic games, schedule, previewed qualifiers and who to watch. The time is ticking away to the Toyoko Olympics, and hockey fans have a lot to be excited about. The biggest event puts hockey on center stage at the greatest sporting event in all time, 12 women and 12 men teams will battle it out for the gold.

Here are the qualifiers for the women:

• Japan (Asian Games champions)

• Argentina (Pan-American Games)

• South Africa (African Olympic Qualifier)

• Netherlands (Euro Hockey Championship)

• New Zealand (Oceania Cup)

• Spain (Defeated Korea in Olympic qualifiers)

• China (Defeated Belgium in Olympic qualifiers)

• Australia (Defeated Russia in Olympic qualifiers)

Here are the qualifiers for the men:

• Japan (Asian Games champions)

• Argentina (Pan-American Games champions)

• South Africa (African Olympic Qualifiers)

• Belgium (Euro Hockey Championship winners)

• Australia (Oceania Cup winners)

• Spain (Defeated France in Olympic qualifiers)

• The Netherlands (Defeated Pakistan in Olympic qualifiers)

• Canada (Defeated Ireland in Olympic qualifiers)

Argentina men are looking to defeat Canada. Argentina’s men are defending Olympic champions and looked great at the Pan America Games. The women’s team won four medals in 2000 and 2012. They would love to win another in the Olympics in Toyoko.

The women’s and men’s hockey tournament will begin end of July to mid-August. The twelve teams in the men’s and women’s competition will be divided into two groups of six, with each team playing each other in a round-robin format. Then the top four teams from each group will advance straight to the quarterfinals. Finally, the two semi-final winners meet for the gold medal match, while the semi-final losers play in the bronze medal match. These bronze and gold medal matches will take place first week of August. Hockey at the Olympics in Japan will take place at the Oi Hockey Stadium which is being purpose-built for the Olympics next to Tokyo Bay in the beautiful Oi Central Seaside Park Sports Forest. This is going to be such an exciting event. It will be interesting to see who will defeat who in these match ups. Will it be the men groups that win over the women or vise versa this time round, soon we will find out. Argentina seems to be dominating this game, but the Netherlands and Belgium are not too far behind in the running……It will be great to see these teams come together in Toyoko and play their hearts out.