Q. Do you see value in the Vialogy IP? How will that be preserved or monetized for existing shareholders in the company (including of course me)? A. Yes I think the existing IP has value, however historically Vialogy funded this all the way through, the new remit is that Vialogy owns 75% and has no further on-going operational costs, which historically was in excess of £3m per annum. The future will be that this is now an investment and hopefully has value, I will use the PLC for building another business and shareholders will have two opportunities Q. Do you have plans to add value to the AIM entity which is Vialogy and will current shareholders get to participate in that upside? A. As per the above, I will use the PLC as a vehicle to acquire a business and shareholders will have the opportunity to subscribe to the new boards ideas going forward, I would like to try and get shareholders some money back over time.
A reverse merger is also much less influenced by current market conditions as opposed to the more traditional IPOs (Initial Public Offering). An IPO is when a private company offers stock to the public for the first time ever, essentially raising capital while simultaneously filing with the SEC (Securities and Exchange Commission). This is also called a stock market launch, and it can be risky, costly, and take a lot of time to meet requirements and finalize the process. Reverse mergers get the job done much quicker, and at less expense than a traditional IPO.
In fact, most reverse mergers take about thirty days to be completed, as opposed to over a year for an IPO. Many companies choose to bypass the IPO process because market conditions can drastically change in that long timeframe, but they generally stay about the same in the time it takes to complete a reverse merger, a plus for any company considering this route.
Reverse mergers can also help a company finance anything from working capital to product development, although the capital gained from the merger generally takes longer to come in than with an IPO, so there is a tradeoff.
I'm trying to find cash she'll reverse take over examples. What does anyone make of this? Code is ONE.
The spike doesn't seem to tally for me tho I.e before the date of this as per the chat comments on 3rd....But there seems to be a doubling of the price. Confused...
LONDON (Alliance News) - One Delta PLC, an AIM-listed cash shell, Monday said it has raised GBP3.5 million through the issue of 232.3 million shares, which it will use to fund the reserve takeover of Audioboo Ltd.
Audioboo is a publishing platform used by the BBC and The Telegraph newspaper.
One Delta said it has reached a non-binding agreement in principle with UBC Media Group PLC and other shareholders to acquire Audioboo. UBC currently has a 39.4% stake in the company, this will fall to just under 20% of the combined Audioboo and One Delta once the deal has been completed.
One Delta has requested that its shares be suspended from trading on AIM pending completion of the reverse takeover or until discussions terminate.
In a separate note, UBC said it has moved a step closer to acquiring 7digital after signing a head of terms with the digital music technology platform, which powers services for companies including Samsung, HTC, HMV and T-Mobile.
The multimedia firm said it has also agreed a period of exclusivity up to April 4. The acquisition also would constitute a reserve takeover, and UBC shares remain suspended.
"Our aim is to create a new public company via 7digital which will be perfectly placed to exploit the rapidly developing market for online and mobile music services," UBC Chief Executive Simon Cole said in a statement.
One Delta shares were last quoted on Friday at 2.00 pence, up 0.25 pence or 14%. UBC shares were last quoted in November at 6.29 pence a share.
Hi Larry, could be here ages, thats suspended, may all come to nothing in the end aswell. I take this suspension on less than 20mill traded and a 25% rise as the work of the MMs and maybe not a leak, I guess that coincided with talks on an RTO and forced AR to suspend the trading of vialogy. Maybe not, All imo but I wonder at what stage RTO really is at, and could be an equityTO of vialogy by a private co. If its positive news a superspike could be he OTW. Good weekend all.
If you invested recently since AR joined, this is sitting pretty IMO at current levels.... Turn around in place by a guy who has a background and connections to do so.
Unsure why all these posters pop up scare mongering as we are suspended. However I do appreciate some older previous holders will be peeved!
I say...we are finally where we want to be, it's why I invested with AR at the steering wheel. I for one am very interested to see where we are going and what deal is perhaps done. AR put his own money in. Options set at 0.5! Can people stop waffling and see what the man may do for us, put aside the old bod, its AR who is driving this. I don't think he is going to throw his own money down the pan and not want those 0.5 options. Dilution may happen, it may not. But if we have a great deal for the future then that's what is key and the markets will like it. Look where this was in November... Ie nearly down the pan.
I say.... Exciting times and this company could of gone under but now it has another chance...remember that!
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.