I can definitely see why Betbutler wish to merge with Worldlink, because they have built up such a a lot of goodwill and a solid reputation for good business ethics in the sports community. No brainer ! lol I bet the clubs are just waiting with open arms to welcome them back !! Has the person who wrote these "reports" been in deep freeze for the last few months or just deluded !?
Financial Projections Introduction The projections have been prepared from management assessments of the markets, opportunities and costs and presume the commercial arrangements concerning Betbutler and Worldlink Brokers are entered into in the short term. The Worldlink Sport business has been forecast on a contract by contract basis taking into account those contracts which are within BetButlers control and those which are under Worldlink Sport Control. Worldlink Sports has been forecast as a fully owned operating subsidiary of Worldlink Group, although it is acknowledged there is active discussion concerning a possible merger. The Worldlink Brokers business has been forecast on the basis of it being a Joint Venture with the JV covering all costs. Worldlink is the recipient of a 40% share of the commissions. Within the Worldlink Group headcount is an Operations Director who is an experienced broker who will be intimately involved with the Broking Business and will take responsibility for the cross selling activity between Worldlink Sports and Worldlink Brokers. All forecasts have been prepared on a monthly basis until December 2013 although they are presented here as quarterly projections. The forecasts are presented as one for each of Worldlink Sport, Brokers and the PLC and these are then aggregated and the usual adjustments made to forecast cashflow.   Worldlink Sports WORLDLINK SPORTS £K Q4 12 Q1 Q2 Q3 Q4 Clients at Quarter End Bet Butler 16,500 33,813 54,381 80,671 107,371 Worldlink 5,470 10,010 15,029 21,697 28,878
Total Clients 21,970 43823 69410 102368 136249
Q4 12 Q1 Q2 Q3 Q4 2013 Patent License Income 10% of BB Net Losses 88.5 244.1 421.1 653.3 881.1 2,199.6
Worldlink Net Betting Revenues Post 3rd Parties 112.4 307.2 472.4 699.3 942.0 2,420.9
TOTAL REVENUES 200.9 551.3 893.5 1,352.6 1,823.1 4,620.5
Note that the Worldlink Net Betting Revenues are calculated net of payments to 3rd parties of 25% and include both Sports Betting and Gaming revenues. The client figures for Bet Butler have been based on Worldlink’s assessment of the opportunity.   Worldlink Brokers Worldlink Brokers has two relationships with providers of broking services, Jarvis Investment management (JIM) and Saxo. The JIM relationship stems from a previous initiative and the objective is to maintain the client base but grow revenues though better promotion. JIM principally serves casual investors with infrequent modest trades. The Saxo offer is very sophi
no offence intended matey, was just having a laugh in general about the situation we find ourselves in here in good ol`wgp lol and how nothing seems to go right lol once again sorry if it sounded bad the way i put it
it is always "the deal is about to happen", "the funding is almost in place", "we are in negotiations with", "an imminent RNS". No change, nothing to get excited about, I am sorry to those who have lost out but I suggest you write your investment here down to zero. We have all made unlucky investments in the past so you are not alone.
I cant counter that news because positive conversations have been going on with potential investors for a long time, its always positive, always about to happen any day now, and always funding is on the horizon. Very positive outlook as usual. PS any "positive" sign of the accounts yet that were promised end of October? Yours positively x
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