Member Info for Globalcrossings

RNS Number : 4398L Invu plc 06 May 2010          6 May 2010   Invu plc   Loan Agreements   Invu plc (LSE, AIM: INVU) ('the Company') announces that Tyne & Wear Holdings Limited ('Tyne & Wear'), Magpie Investments Limited ('Magpie') and Cynthia Goldman have agreed new loan agreements in full settlement of their existing Loans to the Company. These loans are to be secured by a second charge on the assets of the group, carry an interest rate of 12.5 percent per annum and are repayable on 30 June 2011.   On 18 January 2010 Tyne & Wear entered into a £1,049,117 loan facility repayable with interest on 1 May 2010. Under the new loan agreement Tyne & Wear will loan the Company £1,086,124 in full settlement of the amount due under the loan of 18 January.   On 18 January 2010 Magpie entered into a £510,445 loan facility repayable with interest on 1 May 2010. Under the new Loan agreement Magpie will loan the Company £528,450 in full settlement of the amount due under the loan of 18 January.   On 22 January 2010 Cynthia Goldman entered into a £500,000 loan facility repayable with interest on 1 May 2010. Under the new Loan agreement Cynthia Goldman will loan the Company £516,952 in full settlement of the amount due under the loan of 22 January.   Goldman Investments, a company whose majority shareholder is Daniel Goldman the Chairman of the Company, provides investment advice to both Tyne & Wear and Magpie. Cynthia Goldman is Daniel Goldman's mother. Therefore given the potential conflict of interest arising from these relationships, Mr. Goldman has not participated in the negotiation or approval by the directors of these Facilities.   Tyne & Wear and Cynthia Goldman are both substantial shareholders of the Company for the purposes of the AIM Rules for Companies ('AIM Rules') and, as such, are related parties of the Company.   The entering into of the Facilities with Tyne & Wear and Cynthia Goldman are classified as transactions with related parties for the purposes of the AIM Rules. In accordance with the AIM Rules, the directors of the Company, with the exclusion of Daniel Goldman, having consulted with the Company's nominated adviser, Canaccord Adams, consider that the terms of the transaction are fair and reasonable insofar as the Company's shareholders are concerned.   -ends- For further information please contact:   Invu plc 01604 859893 Daniel Goldman, Non Executive Chairman Colin Gallick, CEO Ian Smith, CFO   Canaccord Adams 020 7050 6500 Simon Bridges   Financial Dynamics 020 7831 3113 Juliet Clarke / Haya Herbert-Burns / Emma Appleton   About Invu Invu [LSE, AIM, Symbol: INVU] develops software that incorporates document management, content management, workflow, automation and collaboration specialising in solutions for the mid-market and smaller businesses. Also known as

Just missed a 5.97 quote... GLA

LONDON (Dow Jones)--Timestrip PLC (TIME.LN), which develops and manufactures label technologies that monitor product shelf life and environmental conditions, said Thursday it has now completed the strategic review referred announced March 19, adding that there have been no third party discussion in relation to an offer for the Company's shares. MAIN FACTS: -Company is no longer deemed to be in an offer period under the terms of the City Code on Takeovers and Mergers. -Shares at 0740 GMT unchanged at 0.3 pence valuing the company at GBP1.34 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com (END) Dow Jones Newswires May 06, 2010 03:41 ET (07:41 GMT)

RNS Number : 4220L D1 Oils Plc 06 May 2010   6 May 2010 FOR IMMEDIATE RELEASE ("D1 Oils" or the "Company") Offer period and strategic financing update Further to its announcement of 9 April, the Board of D1 Oils can confirm that offer discussions have progressed to the extent that two parties (having already provided indicative offer letters to the Company) have indicated that they may, subject to due diligence, make offers for the Company in each case at a substantial premium to the current share price (in one case wholly in cash and in the other in new listed shares of that potential offeror). In addition, earlier stage discussions related to the provision of material levels of equity finance are taking place with a number of parties, which may also include an offer for the Company. The Board is seeking to bring these discussions to a conclusion within two months.  If a firm offer or material new financing is not announceable by this time, the Board intends to conclude its strategic review announced on 25 November in light of these circumstances and its assessment of the Company's commercial progress and prospects as well as its financial position. This announcement is not being made with the consent of the potential offerors. There can be no certainty that an offer will be made for the Company or the terms on which any such offer may be made or whether any equity financing will result.  A further announcement will be made in due course. For further information please contact:    D1 Oils plc + 44 (0) 20 7367 5609 Ben Good, Chief Executive Officer       Piper Jaffray Ltd. + 44 (0) 20 3142 8700 Charlie Lilford   Rupert Winckler (Qualified Executive)       Brunswick Group + 44 (0) 20 7404 5959 Kevin Byram   Tom Williams     Piper Jaffray Ltd., which is authorised and regulated by the Financial Services Authority, is acting exclusively for D1 Oils and for no-one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than D1 Oils for providing the protections afforded to customers of Piper Jaffray Ltd. nor for giving advice in relation to the matters referred to in this announcement. Responsibility The Directors of D1 Oils accept responsibility for all of the information contained in this announcement.  To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement is accurate and does not omit anything likely to affect the import of such information.  To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement for which the Directors take responsibility is accurate and does not omit anything likely to affect the import of such information. Disclosure requir

RNS Number : 4050L Timestrip PLC 06 May 2010    6 May 2010 Timestrip PLC ('Timestrip' or 'the Company') Appointment of Nominated Adviser and Broker     The Board announces that Cairn Financial Advisers has been appointed as Nominated Adviser and Broker to the Company with immediate effect.     ** ENDS **   For further information visit www.timestrip.com or contact:   Jonathan Steinberg Timestrip plc 01462 440 700 Liam Murray Cairn Financial Advisers 020 7148 7903   This information is provided by RNS The company news service from the London Stock Exchange   END     APPEELFBBEFFBBZ

RNS Number : 4092L Timestrip PLC 06 May 2010    6 May 2010 Timestrip PLC ('Timestrip' or 'the Company') Posting of Circular     The Board announces that the Company has today posted a Circular to shareholders setting out proposals to:-    (1) Dispose of its trading subsidiaries for up to £225,000 comprising the initial consideration of £160,000 in cash and deferred consideration of up to £65,000.  Pirtsemit Limited the proposed acquirer is a company in which the directors, with the exception of Jonathan Steinberg, have an interest.  The disposal is classified as:- -     a related party transaction pursuant to AIM Rule 13; -     substantial property transaction pursuant to section 190 of the Companies Act; and -     a fundamental change of business for the purpose of AIM Rule 15.    (2) Adopt an investment policy and be classified as an Investing Company pursuant to the AIM rules.  Details of the investment policy are set out below;    (3) Change the Company's name to Mungo Trading plc; and    (4) Appoint Mark Nelson-Smith to the Board of the Company.   A General Meeting of the Company has been convened for Tuesday 1 June 2010 at 10:00 am.   In the event that the resolutions are passed at the general meeting the Company will seek for the suspension from trading of the Company's shares to be lifted and trading in the Company's shares would resume.   Proposed Investment Policy   The Company intends to undertake a transaction or a series of transactions that will constitute a reverse takeover in accordance with the AIM Rules.  The Company will seek to acquire or invest in companies in the general engineering or industrial products sector within the United Kingdom or Europe.   The directors believe that their broad collective experience together with their extensive network of contacts will assist them in the identification, evaluation and funding of suitable investment opportunities. When necessary, other external professionals will be engaged to assist in the due diligence of prospective opportunities. The directors will also consider appointing additional directors with relevant experience if the need arises.   The Company may be either a passive or active investor and will typically seek to acquire majority interests in businesses. The directors anticipate that the management of any investment will have the expertise necessary to operate and develop the business. The Company may provide strategic direction to businesses.   The Company will generate revenue by receiving dividends from its investee companies.  Investments will be held for the long term.   The directors intend to pursue a conservative borrowing strategy.   The objective of the directors is to generate capital appreciation and any income generated by the Company will be

RNS Number : 3622L Griffin Mining Ld 06 May 2010          6th MAY 2010   PRELIMINARY RESULTS     Griffin Mining Limited ("Griffin" or "the Company") has today published its preliminary results for the year ended 31 December 2009.   Highlights:   ·     Return to profitability following suspension of operations in first five months of 2009. ·     Profit before tax and minority interests of $7.2 million, compared with $7.0m in 2008. ·     17,167 tonnes of zinc in concentrate produced in 2009, compared to 22,922 tonnes in 2008. ·     3,726 ounces of gold in concentrate produced in 2009, compared to 2,421 ounces in 2008. ·     89,227 ounces of silver in concentrate produced in 2009, compared to 171,888 ounces in 2008. ·     500 tonnes of lead in concentrate produced in 2009, compared to 1,127 tonnes in 2008. ·     276,880 tonnes ore mined in 2009, compared to 433,274 tonnes in 2008 ·     320,883 tonnes of ore processed in 2009, compared with 491,848 tonnes in 2008   Overview   Griffin Mining Limited (the "Company") and its subsidiaries (together the "Group") recorded a profit before tax for the year of $7,246,000 (2008: $6,959,000). This was a commendable performance in light of the suspension of operations in the first half of 2009 and the dramatic fall in commodity prices in late 2008.   Although the Global Financial Crisis caused a dramatic and sustained fall in commodity prices in 2008/2009, the Company was able to weather these economic conditions to place itself in an enviable position to benefit from an improved economic climate. This was foreseen by suspending operations at Caijiaying in the first half of 2009, when the opportunity cost of a shut-down was relatively low, which allowed for ore block modelling, long term structural maintenance and an operational efficiency review to be completed at Caijiaying. The rewards of this work were felt immediately on resumption of production with increased ore grades, production and revenues, resulting in the Group returning rapidly to profitability in the second half of 2009. The full benefit of this foresight will be felt when production rates are increased in the second half of 2010 with the completion of the plant upgrade.   The maximization of operational productivity failed to be achieved throughout 2009 due to the continuing delay in obtaining a mining permit to mine below the 1300 level at Caijiaying. This restricted mining operations to the upper levels of the mine where the ore lenses are less continuous than below the 1300 level. Such continuity allows for more mechanised mining and higher extraction rates. Accordingly, the permitting delays lessened the immediate need to

TIDMATLS RNS Number : 4225L Atlas Estates Ltd 05 May 2010 ? NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION 5 May 2010 Opinion of the board of directors of Atlas Estates Limited on the announced Offer by Fragiolig Holdings Limited The board of directors (the "Board") of Atlas Estates Limited ("Atlas"), which comprises in its entirety of non-executive directors and has no executive directors or management board, are pleased to announce their views on the offer (the "Offer") by Fragiolig Holdings Limited ("Fragiolig" or the "Offeror") for the entire issued, and to be issued, ordinary share capital of Atlas as announced on 16 April 2010 (the "Announcement"). On that date, Fragiolig acquired 3,325,346 Atlas ordinary shares ("Atlas Shares") which Fragiolig announced increased their shareholding, together with that of parties acting in concert with it, to 32.95 per cent. of the issued share capital of Atlas, thereby triggering a requirement under the UK Takeover Code for Fragiolig to make a mandatory cash offer at the same price, being GBP0.90 per Atlas Share, to all Atlas shareholders ("Shareholders"). The Announcement stated that Fragiolig is a wholly owned subsidiary of the Izaki Group, an Israel-based real estate development firm and founding shareholder of Atlas. The Izaki Group, together with RP Capital Group, also own and manage Atlas Management Company Limited ("AMC"), which provides executive management services to Atlas. The Board's Opinion on the Offer The Board believes that there are no grounds to assert that the Offer will significantly impact the employment level in the Atlas Group. The Offeror has not provided the Board with any specific information in relation to the proposed future strategy that could form a basis for the determination as to whether the Offer is in Atlas' best interest and/or the impact on its business. The Offer represents a slight discount to the closing price of GBP0.91 per Atlas Share on 5 May 2010 and a premium of approximately 11 per cent. to the closing price of GBP0.81 per Atlas Share on 13 April 2010 (being the last dealing day prior to the announcement by Atlas that it had received an approach in connection with a potential takeover offer) and a premium of approximately 41 per cent. to the three month volume-weighted average price of Atlas Shares. The Offer values the entire issued ordinary share capital of Atlas at GBP42.17 million and represents a substantial discount to the latest published NAV per Atlas Share as at 31 December 2009 of EUR2.42 (and adjusted NAV per Atlas Share of EUR2.95). The Board note that the Offer price reflects the price at which a major Shareholder was willing to sell its holdings in Atlas to Fragliolig

Check out the Rns just released for TRIC...

Check out the Rns just released for TRIC...

Cheers mate... I'm out of here before my luck runs out.:) GLA

Have you seen LGO's sp today? It's very tempting....

I hear what you're saying... I've been following the news very thoroughly during the trading day for the last 2 months and it has been paying off rather well. Managed to get into all 3 top risers this morning with a bit of luck...

GLA

Got quoted 1.04 waited and then got in at 1.10p... GL

http://www.screencast.com/users/globalcrossings/folders/Jing/media/85ea2698-bdf5-44d7-aeb5-7299e155821b

http://www.screencast.com/users/globalcrossings/folders/Jing/media/693d49ca-ad7b-4804-9ec7-8133249a896f

http://www.screencast.com/users/globalcrossings/folders/Jing/media/4c921d41-d94d-40a4-90f3-add6b6f6c094

To be a 3 for 3 today. BRM is moving.:)

GLA:)