Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Posts: 12,284
[MTV] http://worldwide.espacenet.com/publicationDetails/biblio?CC=US&NR=2014307173A1&KC=A1&FT=D
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"umindthedoors Posts: 7,201 Off Topic Opinion: No Opinion Price: 0.01 psThu 20:12GedW posted earlier today that it is against the rules for a group of shareholders to accumulate shares in 1 company, look at my earlier post where I explained that I have seen this happen in the past." GedW response: Too much distortion of the facts and the usual misdirected propaganda ! Make your own minds up as to the facts. http://www.lse.co.uk/ShareThread.asp?tcode=whhxlgbh9k&ShareTicker=MTV&share=motive_tv
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[MTV] Twin Peak S.A. (Twin Peak) has agreed to a one-year renewable commercial contract for the Motive/Twin Peak video solution with Attica Group (Attica Holdings S.A.) of Athens Greece, provider of ferry services from Greece to Italy and the Greek islands. Attica Group (ATTICA: Athens Stock Exchange) operates Superfast Ferries and Blue Star Ferries in the Adriatic and Greek Domestic Sea. Four Superfast Ferries serve routes between and among Venice, Ancona, and Bari in Italy and Corfu, Igoumenitsa, Patras, and Athens. Eight Blue Star Ferries provide service between and among Athens (Piraeus), Crete, and the Greek Islands. Attica Group reported carrying 4.13 million passengers on these operations in calendar year 2014. The agreement with Twin Peak covers deployment on all Attica Group ferries with BYOD services planned to begin 15 May 2015. On 24 March 2015, the Company announced the commencement of testing of the BYOD services on the Attica Group ships without identifying them as the client. The revenue to Motive from this contract will depend upon the number of passengers buying the service, however, in the case of the 12 Superfast and Blue Star ferries, a conservative forecast for Motive might be in the annual range of €600 thousand to €800 thousand (£440,000 to £588,000) per year. Leonard M Fertig, CEO of Motive commented, "Motive's second BYOD customer, with 4 million passengers, gives our business critical mass and should help advance our ongoing discussions with other ferry and maritime prospects. The BYOD solution is unique, highly efficient, and is receiving much interest among the ship operating and communications community worldwide. It is a highly scalable business for Motive and we expect more opportunities in the future."
Posts: 12,284
Posts: 12,284
Posts: 12,284
[MTV] Sanlam nomad to MTV are aware of the rumours surrounding Carnival and MTV. Should there be any substance to the rumours, then a public announcement will be made, otherwise the rumours are just that, rumours. Sanlam nomad to MTV should advise the Board whether or not a response to the rumours is appropriate. MTV is under no obligation to respond to press or bulletin board rumours if they are far from the truth.
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Posts: 12,284
[MTV] The Company announces that, on 26 May 2015, it received a Conversion Notice from Bergen Global Opportunity Fund, LP ("Bergen") pursuant to the Convertible Securities Issuance Deed between Motive and Bergen dated 12 May 2014 (the "Deed") to exercise its right to convert £180,000 of existing debt into equity (the "Conversion"). Accordingly, the Company has allotted 1,636,363,636 ordinary shares of £0.00005 ("Ordinary Shares") at a price of £0.00011 per share to Bergen ("New Ordinary Shares"). Under the terms of the Deed, Bergen has agreed to certain, substantial, limitations on its ability to dispose of the shares following a conversion of the Convertible Securities. Additionally, Bergen does not, and has agreed not to, and to cause its affiliates not to, short-sell the Company's Ordinary Shares. The Company has also entered into a deed of amendment in relation to the Deed. Under the amendment, the currently outstanding nominal amount of the first convertible security previously issued under the Deed has been amended from £780,020 to £821,838 (and shall be £641,838 following the Company meeting its obligations under the Deed in relation to the Conversion), in consideration of Bergen foregoing certain rights under the Deed. All the other terms of the Deed remain as previously announced. The issue is conditional, inter alia, upon admission of the 1,636,363,636 Ordinary Shares to trading on AIM. The shares will rank pari passu with the existing issued Ordinary Shares. Application will be made for the shares to be admitted to trading on AIM. Admission is expected to become effective and dealings are expected to commence on AIM on 1 June 2015. Following the issue of the shares, the Company will have 18,523,088,789 Ordinary Shares in issue.
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[MTV] Today Motive Television PLC , announces that the Company is rolling out an advertising and promotion campaign for TabletTV UK from today. Several consumer reviews and blogs are set to appear over the coming weeks on family and holiday themed websites. The initiative is supported by a digital advertising campaign with agency Golley Slater London. Online display ads are spread across a range of sites together with PPC through Google. In addition, ads will be promoted on social media via Twitter and Facebook. The campaign has been designed to raise brand awareness and drive consumers to the TabletTV UK website. It is scheduled to run through May and June. A video has been created that introduces consumers to TabletTV and how it works. The video is now available to view on the tablet.co.uk website and the new TabletTV UK YouTube Channel. https://www.youtube.com/channel/UCXFK7YRvN9nYUrGVDLhyFvA The marketing push is in conjunction with the upcoming launch of the Android version of the TabletTV App, expected in June, as well as new added functionalities and features for the iOS version.
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Posts: 12,284
Posts: 12,284
[MTV] The Company announces that, pursuant to the requirements of the Disclosure and Transparency Rules, the total number of voting rights in respect of each class of share in issue and admitted to trading on AIM at the date of this announcement is as follows: Number of shares in issue Numbers of voting rights Ordinary shares of 0.005 pence each 18,523,088,789 18,523,088,789 The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.
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Game up for MTV. It has no room to manouver now ! Motive Television PLC (AIM: MTV) announces that discussions with holders of convertible loan notes ("CLN Holders") in the Company remain ongoing. The Company originally issued £4,750,000 of fixed interest Convertible Loan Notes ("CLNs") in October 2010. As previously announced on 30 June 2015, in the Company's annual results for the year ended 31 December 2014, and on 28 August 2015 in the Company's half-yearly results for the six months ended 30 June 2015, the Company currently has a balance of outstanding CLNs with a face value of £2,978,396 which mature on 31 December 2015. The Company has previously announced that these CLNs would need to be extended or further funds raised to pay them down if agreement with the CLN Holders could not be reached. The Directors believe that progress has been made with the CLN Holders, however if negotiations do not reach a positive conclusion, or further funding cannot be secured in the event the CLN's are repayable, the Company would have to take action to reduce its cost base and to consider whether the Company would be able to continue to trade. The Directors are confident that further injections of funds can be secured to fund the Company's working capital position and that further revenue generating contracts will be won. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12609975.html
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[MTV] announces that further to the announcement made on 4 December 2015 discussions with holders of convertible loan notes ("CLN Holders") in the Company remain ongoing and at an advanced stage. The Company originally issued £6,585,670 of fixed interest Convertible Loan Notes ("CLNs") in October 2010. The Company currently has a balance of outstanding unredeemed CLNs with a face value of £2,978,396 which mature on 31 December 2015 The Company has reached agreement in principle with the largest holder of the CLN's, and is in the process of completing the necessary documentation before 31 December 2015. The Company is also in negotiations and expects to conclude the negotiations with all CLN holders before 31 December 2015. The Directors are confident that further injections of funds can be secured to fund the Company's working capital position and that further revenue generating contracts will be won.
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MTV has reached agreement and signed a Memorandum of Understanding with ABT Africa to provide educational content to tablet users in South Africa, with possible further expansion throughout Africa to follow. The first market for the new service will be schoolchildren with a specific focus on helping to bridge the digital divide for those in historically disadvantaged areas. Motive will be providing specialized tuners and technology to enable content services to be received by children in areas with limited broadband connectivity. Motive's opportunity is to license and supply TabletTV and Content Express technology to ABT who will co-develop and market solutions specifically designed to cater for the South African Education market. The South African government has already begun the investment in rolling out Tablets to school children in different communities to leverage the use of technology in improving the quality of Education for all. The TabletTV and Content Express technology will enhance the functionality of these Tablets for Educational use and increase the number of services available. The Internet is not yet sufficiently pervasive and reliable in South Africa to be able to provide continuous connectivity to the tablets. Motive's patented technology is uniquely suited to address this problem by enabling content reception via both the Internet and the digital broadcast network, regardless of the Internet bandwidth availability. ABT Africa is a South African private limited company active in the design and manufacture of electronic consumer devices and the development of custom applications for various content services. The business will provide Motive with income from royalties, and licence fees based on the number of users in addition to up-front non-recurring engineering fees to customize the Motive technology. The Company estimates the value of this opportunity to Motive to be more than $2.5 million in revenues. After developing the educational platform in South Africa, ABT and Motive intend to roll out the availability of the platform to the rest of Africa. Leonard M Fertig, CEO of Motive commented, "The educational market in South Africa and Africa in general is a very large one and this application of existing Motive technology serves to further exemplify the opportunities and value in what the Company has developed. In addition to being able to exploit the Company's technology in a large and scalable market, Motive has the advantage of local knowledge and relationships, having worked in South Africa since December 2013." Muzi Makhaye, CEO of ABT Africa commented, "ABT Africa has a strong ethos around using digital technology to improve the lives of Africans. This partnership with Motive provides an exciting opportunity to leverage the digital migration programme to introduce innovative technology and applications that can enable the development of our country's future leaders. Technology in Education is a key opportunity for ABT Africa and this venture is critical in our company's growth plans for the future."
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Posts: 12,284
Posts: 12,284
With MTV having Convertible Loan Notes maturing the end of this month. Will they issue something along these lines in order to settle. Although numbers might be different the wording might be similar. This is taken from today's London Stock Exchange announcements Share Issue for Darwin Conversion Notice Forte Energy NL ("Forte Energy" or "The Company") (AIM: FTE) Forte Energy announces the allotment of 1,120,071,685 fully paid ordinary shares ("Conversion Shares") in the Company to Darwin Capital Limited ("Darwin"). The Conversion Shares have been issued following the receipt of a conversion notice today from Darwin in relation to the convertible loan notes announced on 26 March 2015. The Conversion Shares were issued at 0.004464 pence per share for the exercise of conversion rights in respect of £50,000 of Convertible Loan Notes. Following this share issue, Convertible Loan Notes issued in March 2015 for £650,000 remain outstanding. Application has also been made to the AIM market of the London Stock Exchange ("AIM") for the Conversion Shares to be admitted to trading on AIM from 17 December 2015. Following admission of the Conversion Shares Forte Energy will have 5,844,809,812 shares in issue.
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The Company announces that it has received a Conversion Notice from Bergen Global Opportunity Fund, LP ("Bergen") pursuant to the Convertible Securities Issuance Deed between Motive and Bergen dated 12 May 2014 (the "Deed") to exercise its right to convert £61,400 of existing debt into equity (the "Conversion"). Accordingly, the Company has allotted 372,121,212 ordinary shares of £0.00005 ("Ordinary Shares") at a price of £0.000165 per share to Bergen ("New Ordinary Shares"). Under the terms of the Deed, Bergen has agreed to certain, substantial, limitations on its ability to dispose of the shares following a conversion of the Convertible Securities. Additionally, Bergen does not, and has agreed to cause its affiliates not to, short-sell the Company's Ordinary Shares. Following the Company meeting its obligations under the Deed in relation to the Conversion, the outstanding nominal amount of the first convertible security will be reduced from £408,355 to £346,955. The issue is conditional, inter alia, upon admission of the Ordinary Shares to trading on AIM. The shares will rank pari passu with the existing issued Ordinary Shares. Application will be made for the 372,121,212 shares to be admitted to trading on AIM. Admission is expected to become effective and dealings are expected to commence on AIM on 23 December 2015. Following the issue of the shares, the Company will have 1,241,352,100 Ordinary Shares in issue.
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Going back to the beginning and beyond ! http://www.aimzine.co.uk/aimzine/0310/0310_B1/0310_B1.htm
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Posts: 12,284
TabletTV Plus has been approved by the Apple App Store and is now available for UK customers. TabletTV Plus will initially be available for iOS platform (iPad) tablets only. An Android tablet version will be forthcoming. TabletTV Plus was launched in mid-November in the United States, met with highly favorable reviews and sold most of the available inventory of TPods. Motive has access to sufficient supply of tuners to satisfy high levels of UK demand. The new TabletTV Plus App greatly enhances the user experience for TabletTV users in the UK and provides many new features, including: · Access any channel available over the internet or on Freeview, and easily switch back and forth between broadcast and internet channels within the same TabletTV Plus App · Create personal group of favourite internet channels for faster searching and add any TV channel available over the internet to favorites. · Simultaneously enjoy Freeview television, social network, surf the web or do emails on a split screen · Share the use of one tuner among multiple iPads in a household, each with the TabletTV App (one at a time) · Simplified connection to home networks · Transfer what you are watching from a tablet to the main television screen when combined with Apple TV Airplay. · Improved, easier and more user-friendly experience Additionally, all previous TabletTV UK features remain such as watching and recording programs on Freeview channels available in the user's region. TabletTV Plus UK is expected be available on the Apple App Store from Wednesday evening 6 January. Existing TabletTV UK customers are able to upgrade to TabletTV Plus with no additional cost. New users can download the free TabletTV Plus App to receive all free and subscription Internet channels and then add watching and recording Freeview live TV with a one-time tuner purchase. Some of the Internet channels may have their own subscription requirements.
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Posts: 12,284
Motive announces that it was served notice of Sanlam Securities UK Limited's ("Sanlam") intention to cease its nominated adviser and small cap broking activities in late 2015. Consequently, Sanlam will cease to be the Company's nominated adviser on 14 February 2016. The Company is in discussion with several replacement nominated advisers and hopes to announce a replacement shortly. However, if the Company fails to appoint a replacement nominated adviser within one month of the date of Sanlam's resignation, admission of the Company's shares to trading on AIM will be cancelled. Chairman Michael Pilsworth said: "It is unfortunate timing that following the agreement by the company's CLN holders to extend the maturity date of the CLNs and the recent progress in the Company's trading activities Sanlam has decided to cease its Nomad activities and give us notice. We are in active discussions with a number of potential replacement Nominated Advisers and are confident that one will be appointed shortly."
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Motive announces that, further to the announcement released earlier today regarding the resignation of Sanlam Securities UK Limited as the Company's Nominated Adviser, in the event that the Company is unable to appoint a replacement Nominated Adviser on or before 14 February 2016, trading in the Company's ordinary shares on AIM will be suspended with effect from 15 February 2016. As previously advised, if the Company fails to appoint a replacement nominated adviser within one month of the date of Sanlam's resignation, admission of the Company's shares to trading on AIM will be cancelled.
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Motive is pleased to announce that it has received approval from Apple for its TabletTV Internet App that is available to any iPhone user globally. The new App is available from today on all Apple App Stores in the world for a cost of $4.99 or £2.99. The TabletTV Internet App enables users to access and watch any streamed channel and content available in their own market in one easy to use platform. Users must satisfy registration requirements for subscription or pay channels as determined by the channel providers. Examples of the channels available in the UK include BBC iPlayer, Netflix, Amazon Instant Video, Demand 5, ITV Hub, All 4, Sky Go, YouTube, and more. Additionally, each user may customise his App to provide easy selection for favourite channels. The TabletTV Internet App does not require any additional antenna or equipment and will work wherever there is an internet connection. TabletTV Internet is initially limited to iPhones, however, the Company is working on a version for all Android mobile phones and will make a further announcement once this version has been completed. Leonard M Fertig, CEO of Motive commented, "Providing a mobile phone solution for television viewing is the latest step on Motive's roadmap to providing TV content where and when people want to watch. With about 750 million iPhones having been sold globally to date, TabletTV Internet addresses a very large potential market and revenue source for the Company. Apps that aggregate viewing options in one place with an attractive user interface have proved quite popular in the US and UK markets and the Company believes this product is well-suited for this quickly developing market."
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Convertible Loan Notes On 20 January the Company announced that the largest CLN holder had agreed to vary the terms of the previously announced deal and extend the completion date until 19 February 2016. Consequently, the Company was required to pay £150,000 plus £28,200 in legal fees in cash in order to acquire the £1,393,795 of CLNs held by the largest holder. The Company has been unable to meet this requirement and accordingly the CLNs have not been acquired.
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NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM MOTIVE TELEVISION PLC Trading on AIM for the under-mentioned securities has been cancelled from 16/03/2016 7:00am, pursuant to AIM Rule 1. ORDINARY SHARES OF 0.005P EACH, FULLY PAID