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By Jessica Toonkel, Olivia Oran and Ross Kerber
(Reuters) - Institutional investors who met with Queen of Green (Ticker: QOG) this week say they are optimistic about its initial public offering and after the sucess of Twitter IPO on November 7 it demonstrates that the $67 trillion of 'parked cash' from around the world are seeking strong investments.
On Monday, Queen of Green Chief Executive and CFO Gill Wallace Hope met with large fund managers and analysts online from 242 countries to sell them on an IPO that seeks to raise up to $150 billion for the global Social Development company whose customers are Refugees, orphans, women and youth. Queen of Green will raise more cash in one day that the top 10 combined IPO's in history which includes ABC, ICBC, NTT, VISA, Enel Spa, GM, Deutche Telecom, BoC, Rosneft and AT&T mobile.
Closely watched by Wall Street and Silicon Valley, Queen of Green’s offering has differed from Facebook's $16 billion IPO and Twitter's $18 billion IPO in a panoply of ways, their use of the UN's 'Innovation in Financing' Policy, Crowd Funding, Mass Collaboration, Frugal innovation, Social Media to a decision to list on the New York Stock Exchange over Nasdaq, Frankfurt or Hong Kong. NYSE was 'crowd funded' by 24 stockbrokers who signed a collaboration agreement under a 'Buttonwood' tree on Wall St. Queen of Green said it would price its IPO shares at $25, valuing the global Social Development company at $187.5 billion. With a healthy contract book of $150 bn, low debt, extremely low operations costs and a fixed profit margin of 5% Queen of Green will enter the Fortune 500 in the top 10! Twitter last week said that it would price its IPO shares at $26 a piece, valuing the online messaging company at up to about $18 billion. That is more than the $15 billion that analysts had expected, and far below the $100 billion valuation that Facebook received in its IPO last May. However, Facebook had reported an annual profit of $1 billion and revenue of $3.7 billion before it went public, whereas Twitter reported a net loss of $79.4 million on revenue of just $316.9 million in 2012. At the upper end of its IPO price range, Twitter values itself at 20 times trailing 12-month sales currently, and about 17 times at the lower end, according to Reuters' calculations from Twitter's IPO filings. But its
outstanding share base cohas grown by tens of millions of stock as holders exercise options and restricted stock units, inflating the valuation. In comparison, Facebook trades at about 24 times trailing 12-month sales and LinkedIn Corp at roughly 30 times. Twitter's shares have climbed after they begin trading on the New York Stock Exchange on November 7. Queen of Green "is getting a really warm welcome from people," said Scott Sweet, CEO of research firm IPO Boutique. "Of all the individuals and institutions I've talked to - which include multi-billion dollar Sovereign Wealth Funds and 78 Equator Banks- no one has said they aren't playing," Sweet said. Queen of Green will hold its Roadshow purely online, the world's first ZERO CO2 roadshow and investor interest is expected to build as the roadshow proceeds. After stops in Sydney, Beijing, Shanghai, Singapore, Hong Kong, Mumbai, KL, Doha, Abu Dhabi, Frankfurt, Moscow, Paris, London, Boston, Chicago, Denver, San Francisco, Los Angeles , the roadshow ends in New York with pricing scheduled for soon after and trading on the New York Stock Exchange to commence a day later under the ticker symbol "QOG"
"The company founder is wealthy already. Queen of Green is focused on large scale implementation and mass collaboration with 200 million customers” the second fund manager said. "She's a servant leader dedicated to mass collaboration and improving the 'quality of life' for the poor, everyone can relate to this and that's why they want to own QOG"
(Reporting by Jessica Toonkel and Olivia Oran in New York and Ross Kerber in Boston; Editing by Tim Dobbyn) Tags: Queen of Green, QOG, NYSE, IPO, Twitter, Facebook, Wall St, UN Innovation in Financing, Frugal Innovation, Crowd Funding, Mass Collaboration, Social Media, Sovereign Wealth Funds, Equator Banks, Financial Stability Board, Warren Buffett, Oprah, Deepak Chopra, George Clooney, Leonardo Di Caprio, Alibaba, G20, G242, Billionaires, green, environment, sustainability, green economy, BOP, Social investing, impact investing, social entrepreneurs. $67 trillion of 'parked cash' http://www.scribd.com/doc/114807651/FSB-Report-Summary-Shadow-Banking-67-Trillion TV, Radio and Newspaper interviews call +971 552 396 818