Member Info for 4PetesSake

Hi Synchro Good to have you on board over here. Shortly after DB took his big investment here, I asked him about it and he stated that it is a long term investment as he does not do short term. I'm sure that all we need to do is remain patient and wait the strategy to unfold. I now have a very similar amount of shares here to what I have in COMS, and am very content with both holdings.

Flanks It is often hard to sell once you know about the future prospects of the company. I've had the same problem at COMS where I got in at 0.8p and am still in. Perhaps should have top sliced on the spike up to 11p but still happy holding there.

Flanks With my top up my Av. is now just a fraction under 0.75p, virtually the same as Helium so we're in good company.

KUMS Topping up today was a "No brainer". I'm very happy with mine at 0.668p. I guess yours was at 0.6595p. Flanks, pleased to know that we are in agreement.

Sir Cliff I doubt that you will ever be able to buy at that price again.

Flanks - Not sure what you mean, SI previously had the option to convert 25m Warrants at a tenth of 1p costing them £25k and giving them 25m shares, which if they rose to 3p would be worth £750k. They now have the option to convert 5m Warrants at 2p costing them £100k. This would give them 5m shares, which if they rose to 3p would be worth £150k. I have contacted the company's NOMAD to clarify this and he has confirmed that it is correct. He further stated that it was agreed due to the current restructuring of the company. Had this not occurred then the dilution would have been far greater. Therefore this is very good news.

Me too 10 minutes ago and within my ISA.

Not many people have cottoned on to what brilliant news this is. 5m Warrants issued at 2p with the SP at about 0.65p and with SI Capital too. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=VMP&ArticleCode=xzcs6x55&ArticleHeadline=Alteration_to_Broker_Agreement Back on 22nd April when the COMS SP was about 0.78p they issued 3m Warrants, also to SI, amazingly also at 2p and about a week later the SP was in the 2-3p range following the announcement of a major contract. See the below link for details of the Warrant issue. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=COMS&ArticleCode=d2rkx2l0&ArticleHeadline=Change_of_Adviser The similarities are amazing and of course DB has a major investment in both COMS and VMP. Could history be about to repeat itself here? If so then fasten those seat belts. I personally feel that with their broker accepting 5m Warrants at a price of 2p is a very clear signal to us all that the current SP will soon be history.

It is very interesting to look back at the positivity of posters on here back in May and June of last year and I include my own posts in that. However within about 4 weeks of buying in I was out of OUT with a very small loss. Chris-m made some very wise comments back then and was wary about the company and its prospects. Looking back, the company clearly could not have continued without raising money in the public offering. The aim was for OUT to become a £500m company, http://www.londonlovesbusiness.com/entrepreneurs/famous-entrepreneurs/meet-piers-linney-the-new-dragon-with-plans-to-build-a-500m-business/5791.article however that is now just a pipe dream. Current M/Cap is about £21m.

Opinion: On my last post showed up as "Strong Buy". That clearly did not correlate to my post and should have read "Strong Sell".

The regular outages will spook potential customers and investors alike and unless Piers and Co can restore confidence the this Dragon's flame will be extinguished. I posted 12 days ago when the SP was 81.5p, "This is likely to fall further until "Proper Good News" is announced." in that time 25% has been lost and now there is even selling below 60p. Should the decline continue and then at some point OUT could become a takeover target. What OUT really needs is someone like DB in charge who inspires confidence and knows how to win contracts.

Hi KatieC1 I see that others have pointed out my earlier post in which I had already answered your question. I do indeed have a Sizeable holding, however compared to DB's which is worth over £1.2m, it is relatively small. I am more than happy to sit here and wait which is exactly what I did at COMS from Feb last year. With DB and Helium on board this will come good in time.

Hi Katie Katie DB is too busy at Coms to attend an AGM where he is not even on the BOD. There are a number of COMS investors including me who have a sizeable holding here also. DB advised me that the COMS AGM will be in June so expect it to be announced later this month. It will be held at the new COMS Head Office in Stokenchurch. If you are able to attend and want further information about it please go to. http://www.lse.co.uk/general-chat-discussion.asp?page=1&TopCode=EE4SL9WO

Sir Cliff I think you have missed the boat in waiting for 0.4p. I can't see that happening now.

Most Councils are seeing massive cuts in their budgets so it is unlikely that they are going to be throwing money at G-Cloud if their current systems are still working well.

Another "Supposedly Good News" RNS and it does nothing for the SP which is at an all time low. With the development costs, Cash burn has undoubtedly been high. What is needed is news of massive contracts and how much they are going to earn the company, rather than news of further trials and Channel partners. This is likely to fall further until "Proper Good News" is announced.

Outlook Following the approval of shareholders at a General Meeting held on 13 March 2014 to dispose of substantially all of the Group's assets and to adopt an Investing Policy, the Company is now classified as an Investing Company as defined in the AIM Rules for Companies. The Company is required to make an acquisition or acquisitions which constitute a reverse takeover under the AIM Rules or otherwise implement its Investing Policy within 12 months of the General Meeting, failing which the Company's ordinary shares would be suspended from trading on AIM. If the Company's ordinary shares are suspended, the Directors believe that they would then propose to convene a general meeting of its shareholders to consider whether to continue seeking investment opportunities or to wind up the Company and distribute any surplus cash back to shareholders. I suggest that you get out while you can.

This company through their complete incompetence and dishonesty have left some investors in financial turmoil. Yet rather than having the dignity to shut up shop and at least return some cash, albeit a pittance, to the remaining shareholdesr, they keep going, using up the remaining cash as the SP keeps falling to new lows. They will do this until the company is totally worthless and then wind it up. They should never be allowed to run a company again. The only way to get anything back is to sell up now.

Well, we knew that this was going to happen when we posted this morning. A gradual rise all day. What is surprising is the lack of posts on here. Obviously still under the radar.

Directors' Dealings Frontier IP, which specialises in the commercialisation of university intellectual property, announces that it was informed on 1 April 2014 that on that date James Fish, Finance Director, purchased 100,000 ordinary shares in the Company at a price of 28p per share. Following the purchase Mr. Fish has a beneficial interest in 100,000 ordinary shares representing 0.44 per cent. of the issued share capital in the Company. The Company was also informed on 1 April 2014 that on that date Michael Bourne, Non-Executive Director, purchased, through his SIPP and ISA, a total of 175,000 ordinary shares in the Company at a price of 28p per share. Following the purchase Mr. Bourne has a beneficial interest in 175,000 ordinary shares representing 0.78 per cent. of the issued share capital in the Company. The last time Directors bought in the open market was at 9.95p, this probably means a further move North will soon occur.