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OLVESTON, Montserrat – Thursday May 31, 2018 – Shareholders who owned 2.07% of the total outstanding stock of the Bank of Montserrat Limited voted to elect Warren Cassell Jr. to the company’s board of directors at the 24th annual general meeting (AGM) of shareholders held on May 30, 2018. This figure represents shareholders whose shares had a combined market value of EC$657,618 (US$243,562). Despite this, Cassell Jr., a 19-year old third-year accounting student at the George Washington University, still fell short of winning a board seat from one of the three incumbent directors who were up for reelection.
The Bank of Montserrat is the only indigenous bank operating on the island of Montserrat. Last year, the bank recorded a net profit of EC$2,422,782 (US$897,327) and its total shareholders’ equity stood at EC$28,559,997 (US$10,577,777). The Government of Montserrat (GoM) is the bank’s largest shareholder owning approximately 62% or 3,085,075 of shares in the bank. The second largest shareholder, Bruce Farara, owns 3.1% or 151,667 shares in the bank. Last week Friday, the bank received formal notice from local businessman Joel Osborne, who was also nominated, of his intent to propose Cassell’s election to the board of directors. The resolution to elect Cassell Jr. was seconded at the AGM by Mr. Bennette Roach, owner of island’s only newspaper The Montserrat Reporter. This year, three of the bank’s directors were eligible for reelection: Mrs. Venita Cabey (the Chairman), Mr. Bruce Farara and Mr. John Ryan. The GoM casted their majority shares in support to reelect these directors. The final results were: Mrs. Venita Cabey: 3,655,319 votes; Mr. Bruce Farara: 3,634,107 votes; Mr. John Ryan: 3,582,470 votes; Mr. Warren Cassell Jr.: 101,172; Mr. Joel Osborne: 20,835. Earlier this month, Cassell Jr. publicly expressed concerns about the bank’s additional public offering (APO). He described the APO’s prospectus as “misleading” stating that certain statements made by the bank would lead “potential investors to think that the shares they are being offered to buy are worth more than they actually are.” Olveston, Montserrat — Manuel “Minus P” Pimentel, founder of the ThatsDominican online community, will make an appearance on the premiere of El Show de Warren, Friday, July 14, 2017. The podcast will be the first Spanish-language program produced by Warren Cassell Jr.
In a wide-ranging thirty minute telephone interview, Pimentel candidly talks about his childhood in the Dominican Republic, the lessons he has learned throughout his career as an entertainer and why he is passionate about sharing Dominican culture to the world. Pimentel, an electrical engineer by trade, also shares words of advice for people who are considering starting and monetizing an online community of their own. Since its launch in 2011, ThatsDominican has grown its network to more than 470,000 followers across various social networking platforms. During that time, ThatsDominican received well over 15.6 million videos views on Youtube alone. The episode will be available for download from iTunes, and it will also be uploaded to Youtube. About Warren Cassell Jr. From billionaire entrepreneurs to Grammy award-winning entertainers and even the son of a dangerous drug kingpin, Warren Cassell Jr., 18, has successfully produced one-on-one candid interviews with some of the world's most influential and fascinating people. He is currently pursuing a bachelor’s degree in Accountancy and a minor in Spanish and Latin American Languages, Literatures & Cultures at The George Washington University in Washington, D.C. Sixteen year old, Warren Cassell Jr., interviews Grammy Award Winning Latin Artist Natalia Jimenez on his interview series 'Teen Tycoon'. OLVESTON, MONTSERRAT. OCTOBER 06, 2015 – Natalia Jiménez, an internationally renowned Grammy and Latin Grammy winning artist, will make an appearance on Teen Tycoon with Warren Cassell Jr. on Tuesday October 6, 2015.
In a wide-ranging twenty minute telephone interview, Natalia candidly talks about her life and career as well as her journey to becoming one of the most important figures in Spanish-language music. Jiménez, who was recently named the winning coach on the third season of Telemundo's 'La Voz Kids', will share a number of lessons that she learned along her journey thus far. "This series takes teenagers and millennials inside the minds of highly accomplished people," Cassell explains. "Young people who are interested in entering the music and entertainment business can learn a lot from my interview with Natalia Jiménez." The episode will be available for download from iTunes, and it will also be uploaded to Youtube. About Warren Cassell, Jr. Like most adolescents, Warren balances his time between schoolwork and extracurricular activities, but that’s probably the most he has in common with his peers. Warren, 16, is a published author and one of the Caribbean’s most followed entrepreneurs. Since starting his first business at the age of 8, Warren has worked with a wide range of clients from five continents. Obsessed with the idea of helping millions of people maximize their true potential, Warren and his work have been featured by CNN, Entrepreneur Magazine, Yahoo Finance, The Huffington Post and many other widely read media outlets. |
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