Vince Stanzione

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Vince Stanzione
Occupation Investor, author
Website
www.vincestanzione.com

Vince Stanzione is a UK-born self-made multi-millionaire, active in telecommunications, publishing and financial trading.[1]

Contents

[edit] Biography

At the age of 11 he was already responsible for the payroll for his father's three hairdressing shops, and by 14, was dealing in computer software at his comprehensive school. At 16 he joined the foreign exchange department at NatWest as a tea-boy, rising to become a trader on earnings of up to £70,000 a year at 18. He lost his savings in the stock market crash of 1987, along with most of his business interests.[2]

Seeing the potential to market the mobile phone, he went into business with an older partner and gambled his last few hundreds on an advertisement in a newspaper. He started a finance company in 1990 and sold it four years later.[3]

After a brief period of travelling, he returned to trading financial markets and had a financially successful strong run in commodities, making over £2 million from spread betting with firms such as IG Index.[4]

In 2004 he launched The Advert Channel which was the world first television channel dedicated to television commercials.[5]

In 2005 the parent company floated on the UK Alternative Investment Market AIM as TV Commerce Holdings Plc (TVC).[6] The channel intended to combine telephone, short message service (SMS) and television services to drive revenues, and offer services such as photo palm reading via picture phones. It broadcasted on British Sky Broadcasting Channel 694. The company was admitted to AIM on 21 February 2005 at 6 pence per share.

After facing a difficult time with UK media regulators OFCOM, the company closed its television operations in the UK, repaying surplus cash to shareholders. TV Commerce Holdings plc then become a shell company and after a reverse and capital-raising was known as Gemstones of Africa (GOA).[7] Gemstones of Africa is now listed as Edenville Energy Plc (LSE:EDL) and has secured six prospecting licences in Southern Tanzania covering prospective coal areas.[8] Vince Stanzione remains a significant shareholder and his holdings are listed as 1.5% of the company, down from 3.23%.[9]

On 19th March 2010 he was the Key Speaker at the Global Financial Trading Day held at the Queen Elizabeth II Conference Centre London together with Global Investor Jim Rogers and Marc Faber.[10]

[edit] Books

[edit] DVD courses

  • Making Money From Financial Spread Trading
  • Making Money From Global Financial Markets

[edit] External links

[edit] References

  1. ^ "Veni, vidi, vici, and oh yes, Vince". The London Independent. November 23, 1997. http://www.scribd.com/doc/36617064/Vince-Stanzione-Press-Cuttings. Retrieved 2010-10-30. 
  2. ^ "Investments on the Edge I lost 50K when I was 18, Vince". Later Magazine. August 2000. http://www.scribd.com/doc/36617064/Vince-Stanzione-Press-Cuttings. Retrieved 2010-10-30. 
  3. ^ "Yes it really could be you". London: The Guardian - Sunday Observer. July 25, 1999. http://www.guardian.co.uk/money/1999/jul/25/cash.theobserver1. Retrieved 2009-04-08. 
  4. ^ Insley, Jill (November 16, 2003). "Hi-tech messiah who wants to spread his betting secret". London: The Guardian - Sunday Observer. http://www.guardian.co.uk/money/2003/nov/16/observercashsection.theobserver. Retrieved 2009-04-08. 
  5. ^ Ives, Nat (July 26, 2004). "Commercial television in Britain means just that: a channel devoted to nothing but commercials". New York Times. http://query.nytimes.com/gst/fullpage.html?res=9D06E4DB143DF935A15754C0A9629C8B63&scp=1&sq=vince%20stanzione&st=cse. Retrieved 2009-04-08. 
  6. ^ "Investors Chronicle Float of the week - TV Commerce builds on its success". Investors Chronicle. January 2005. http://www.highbeam.com/doc/1G1-128043814.html. Retrieved 2009-04-08. 
  7. ^ "TV COMMERCE HOLDINGS PLC; RESULT OF EGM AND PROPOSED NAME CHANGE". January 29, 2009. http://www.investegate.co.uk/Article.aspx?id=200901231623041885M. Retrieved 2009-04-08. 
  8. ^ "Interim Results for the Six Months Ended 30 June 2010". September 2010. http://www.edenville-energy.com/news_announcements.html. Retrieved 2010-10-30. 
  9. ^ "ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")". 5 March 2010. http://www.edenville-energy.com/Schedule_1_Gemstones_of_Africa_plc.pdf. Retrieved 2010-10-30. 
  10. ^ "Global Financial Trading Day clip with Vince Stanzione, Marc Faber & Jim Rogers". 21 April 2010. http://www.youtube.com/user/vincestanzione77#p/u/4/c207nrzngS8. Retrieved 2010-10-30. 
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