Member Info for Hedgehog100

There was a related IPO to GOS Systems this week: Strat Aero (AERO). From "Shares" magazine, 20th. November 2014: "Strat Aero’s drone push Small cap could fly if permit and contract negotiations prove successful A wealth of news over the coming months should help raise the profile of drone expert Strat Aero (AERO:AIM) building on a 69% rise on its first day on the stock market (17 Nov). The £10.1 million cap trains people to fly unmanned aerial vehicles ... " http://www.sharesmagazine.co.uk/articles/strat-aero-to-make-drone-delivery#.VG2oTPmsWz1 "Shares" tips the company at 13.25p. The company has raised £650,000 in a placing at 8p a share, giving it a value of £6.2m. at the IPO price. Currently £9.43M. at 12.25p. Forecast revenue for the second half of 2014 is $300,000, though it is then forecast to ramp up very strongly.

Olderandwiserone, There are very very few of ANYTHING with those sky-high IQs ... because they are so exceedingly rare. And such mega geniuses may prefer to stay in research and academia, rather than get involved in business. But that suggests that when they DO get involved, they see something really exciting. Also remember that Ilyas Khan, Peter McKee, and Stanhill etc. can provide more than enough business expertise, leaving the Prof. to concentrate on very high-level technical input ... though he can also help in the way of contacts and alliances with high-tech bodies.

And Peter McKee, the head of GOS Systems, was previously head of TRL Electronics, which he sold for about £90M. in 2006: "Peter McKee, Chairman Peter was previously President and CEO of L-3TRL Technology Limited (TRL) for nine years, having led the successful flotation of the holding company TRL Electronics plc on AIM in 2004. Peter also led the subsequent sale of the business to L-3, the New York based defence company, in 2006, yielding a three-fold gain to investors at the flotation. During Peter’s tenure, TRL grew to become a major provider of world leading products and solutions for force protection, surveillance and top secret data encryption." http://www.gos-systems.com/about-us/ http://www.defenseindustrydaily.com/l3-buys-british-ecm-firm-trl-02280/

The recent appointment of someone of Professor Arthur Gibson's caliber is clearly a huge endorsement of TGL. And his cutting edge technology expertise and contacts suggests that some very exciting deals are being considered, e.g. quantum cryptography. In addition, his senior role at Cambridge Quantum Computing Ltd. could well pave the way for a tie-up between CQCL and TGL at some point: either a joint venture, or an acquisition. "World Genius List and IQ Table September 2, 2008 IQ Table Intelligence Interval Cognitive Designation Common Possessors* 85 – 114 Average Pupils at junior high school 115 – 124 Above average Pupils at senior high school 125 – 134 Gifted University graduates 135 – 144 Highly gifted Intellectuals 145 – 154 Genius Professors 155 – 164 Genius Nobel Prize Winners 165 – 179 High genius 180 – 200 Highest genius >200 “Unmeasurable” genius" http://boostyouriq.wordpress.com/2008/09/02/14/

Our new non-executive director Professor Arthur Gibson isn't just an ordinary genius ... he an "unmeasurable genius!!" - "Hunting parallels, but don's life is stranger than fiction 22 March 2012 | By Jack Grove Arthur Gibson, resident academic at the University of Cambridge's department of pure mathematics and mathematical statistics, may not look like Damon's troubled maths genius Will Hunting, but their routes into academia are uncannily similar. ... Word of his talent spread around Leeds and he was asked to take a number of IQ tests, registering an unusually high score of 210. ... " http://www.timeshighereducation.co.uk/419411.article •A score over 160 is considered by many to be a genius IQ •Scores that are 200 and over are often referred to as "unmeasurable genius." http://psychology.about.com/od/psychologicaltesting/f/genius-iq-score.htm He is of course also research advisor to Cambridge Quantum Computing Ltd.: http://cambridgequantum.com/team.html

Here is the end for my last post in full: "· Significant growth market opportunity with high barriers to entry GOS' products and solutions are focused on intelligence gathering and secure communications in homeland security, a market with high barriers to entry which Visiongain estimates will grow by 7 per cent per annum to $280 billion globally by 2018.Due to the highly sensitive environment in which GOS Systems operates, market access is difficult and customer traction requires significant time, commitment and investment into achieving an offering with effective technical capability. The Directors believe they are well positioned to capitalise with differentiated product and solutions and the ability to apply commercial technology for higher performance and lower cost." http://www.investegate.co.uk/gos-systems-plc/rns/intention-to-float/201307150700092722J/

Here's a very useful GOS Systems RNS from last summer, to complement its new investor presentation. I've only copied a small part of it into this post, because of its length. "GOS Systems PLC Intention to Float RNS Number : 2722J GOS Systems PLC 15 July 2013" "Key Strengths of the Group GOS has the following key strengths: · Strength and depth of management team The Group's management team has extensive experience working in the security, defence and telecommunications sectors, having previously created substantial shareholder value in leading and managing a number of different companies in the Group's target markets. · Differentiated high margin products and services The Directors believe that many of GOS' products are highly technologically advanced and, as a result, command attractive margins. Examples include the Group's patent-pending, tactical law enforcement target identification and IMSI/IMEI products, which the Directors believe includes the world's first commercial body-worn multi-channel system which is substantially faster, smaller and less expensive to run than other solutions currently available. The Directors also believe that the Group's patent-protected small cell secure communications product platform is one of the most advanced low power and high bandwidth mobile platforms of its type. · IPR and know-how GOS has 13 patent families across the Group, nine of which have at least one patent granted. These patents indicate the depth of know-how and experience in the field of wireless communications within the Group. While the patents are themselves valuable, it is the associated know-how of implementation built up by the key technical staff that is the real value and strength to the Group. · Existing commercial relationships built on trust The Group has a proven track record of delivering its products to key decision makers operating within the highly sensitive fields of law enforcement and homeland security. Over the years the Group has developed strong, board level relationships based on trust and high standards of delivery, which the Directors believe is key to securing future sales of its products and solutions. · Significant growth market opportunity with high barriers to entry GOS' products and solutions are focused on intelligence gathering and secure communications in homeland security, a market with high barriers to entry which Visiongain estimates will grow by 7 per cent per annum to $280 billion globally by 2018.Due to the highly sensitive environment in which GOS Systems operates, market access is difficult and customer traction requires significant time, commitment and investment into achieving an offering with effective technical capability. The Directors believe they are well positioned to capitalise with differentiated product and solutions and the ability to apply commercial technology for higher performance and lo

Ilyas Khan has now recently bought back 7.2 million TGL shares: 1. Subscribed for 3,400,000 shares: 06/11/2014 11:50 UKREG Touchstone Gold Limited Holding(s) in Company http://uk.advfn.com/news/UKREG/2014/article/64310145 2. Bought 1,800,000 TGL shares in the market:: 10/11/2014 18:00 UKREG Touchstone Gold Limited Issue of Equity and Holdings in the Company http://uk.advfn.com/news/UKREG/2014/article/64355541 3. Bought 2,000,000 TGL shares in the market: 11/11/2014 16:35 UKREG Touchstone Gold Limited Holdings in the Company http://uk.advfn.com/news/UKREG/2014/article/64370274 And in 2014 Ilyas Khan has actually increased his holding of TGL shares by over eighteen million: 18,120,276 to be precise. In addition, I.K. may also have subscribed for TGL consolidated loan notes, which would have increased his investment into TGL this year still further.

11/11/2014 16:15 UKREG Touchstone Gold Limited GOS Systems Investor Presentation "London, 11 November 2014 - The Company is pleased to confirm that the investor presentation covering GOS Systems, a wholly owned subsidiary of the Company, has been published and made available on the Company's website: www.touchstonegold.com." Great stuff!! Quality shines through in this new GOS investor presentation. It's full of little nuggets, e.g.:- "Global market has grown rapidly in recent years, and is estimated to grow by 7 per cent. per annum from 2012 to 2017 to US£280 billion in 2018 (visiongain, 2012)" "Variety of pressures combine to form powerful drivers in GOS's target markets" "Significant technology barriers to entry and hence few market players." "Such products enable high margins to be achieved." http://www.touchstonegold.com/s/Home.asp A quite stunning little gem of a company! (I've topped up my holdings within the last few days.)

Well done Mr. Khan: another 1,800,000 million TGL shares bought, in addition to the 3.4 million I.K. buying announced just four days ago: making 5.2 million bought recently by I.K. in total. And importantly, at a significantly higher level than his buying in April. It's a clear signal that he considers TGL to be excellent value at this level. As someone said recently, "Ilyas Khan is no fool"! Remember what happened after I.K.'s last spate of TGL share buying in April: the TGL share price nearly trebled within a month!

The recent RNS states clearly that £250K. is enough for working capital for GOS Systems. Another £250K. is to expand the business. From the 4th. November RNS: "Inclusive of a nominal consideration for the assets and goodwill, Touchstone has committed a maximum of GBP250,000 to finance the acquisition and to enable GOS Systems to fund initial working capital requirements. Additionally, Touchstone will make available up to a further GBP250,000 to fund growth development requirements. Touchstone is acquiring the GOS Systems business from WA Batty and SJ Evans of Antony Batty & Company LLP as Joint Administrators of GOS Systems Limited, Aappro Limited, and TG Support Limited. The acquisition consideration and future funding will be met from Touchstone's existing cash resources including the proceeds of the placement announced on 31 October 2014. The acquisition of GOS Systems, assuming a total commitment of GBP500,000 constitutes a Substantial Transaction as defined by the AIM rules." Trust the RNS, the official receiver, and finnCap (TGL's NOMAD). Not fraudulent bulletin board trolls.

Trev, Due to sector sentiment, even good mining explo. projects are not being afforded good value. TGL's fall as a gold explorer wasn't out-of-the-ordinary, and many in the sector have actually done far worse. BHR (Beacon Hill Resources) has fallen to just 0.09p, from over 290p shortly after its IPO several years ago. And is down from over half a penny since Easter: a fall of over 80% since Easter, while TGL has risen well in that period. BHR would now need to rise over 3.2 thousand fold (i.e. over 320,000%) to get back to its high. But it's all pretty irrelevant anyway, as TGL has now changed into a completely different company. My investment track-record is actually very good.

A selection of posts from the ADVFN thread “TRL (AIM) Security firm on a roll (TRL)”: Bangor 19 Aug'04 - 16:25 0 0 “TRL is a company in the right place at the right time. They provide security for military and governments. For example, their products include anti-terrorist surveillance systems, cameras for bomb disposal robots and data encryption. However, their main systems use global satellites to intercept and monitor communications. This is exactly what governments need to combat growing terrorism and organised crime. Sales are growing fast and the potential is huge. A share to tuck away. Thanks to SCSW for highlighting these - they were the main recommendation in their recent edition.” johnv 9 Nov'04 - 17:35 - 48 of 150 0 0 “The push up the last two days has been due to it being tipped in Saturdays Mail (rather a large write up)” Truffles 26 Nov'04 - 09:36 - 52 of 150 0 0 “Nice little tip in the Times this morning.” Brindy 1 Dec'04 - 11:47 - 53 of 150 0 0 “Tipped in Quantum Leap today......” ILostamillion 14 Dec'04 - 12:29 - 69 of 150 0 0 “The word from within the company hold for the long term,Profit to come in at approx 2.3 million on a turnover above market expectations at time of flotation, this stock is heading upwards with minor blips on the way.” chester 28 Feb'05 - 16:29 - 88 of 150 0 0 “On the verge of breaking out after one of the directors just bought a few.” shortermer1 28 Feb'05 - 17:28 - 89 of 150 0 0 “Yes, looks like he bought at a nice premium on Friday too. 22k @ 235p when buy price on Friday was 225p I beleive. Recent bullish trading statement can only mean one thing - up, up and away we go!! Here's hoping!! Thanks, ST” 2020hindsight 2 Aug'05 - 15:33 - 94 of 150 0 0 “I've been looking at companies that might do well out of any increases in security after the recent events in London and have been reading through the TRL accounts. …” Cerrito 4 Aug'05 - 23:41 - 96 of 150 0 0 “I had never heard of this company until I read in today's-thursday-FT in the daily piece on fund managers when they ran something on the Rathbone small companies fund and she mentioned her holding in TRL as well as VDI. I am doing my homework, as I am also on OFEX listed Appian Technology” junior21 24 Nov'05 - 20:50 - 120 of 150 0 0 “this was mentioned in the Times day after results under Smaller Company Watch, basically positive piece. J21” broadwood 29 Nov'05 - 15:05 - 124 of 150 0 0 “What a little beauty. 20% up in two weeks - the U.S order seems to have made the difference.” txi 18 Jan'06 - 11:20 - 129 of 150 0 0 “Posssible Takeover?” advfn_100 18 Jan'06 - 13:59 - 130 of 150 0 0 “Up nealry ten per cent in 3 days? Wots goin on?” advfn_100 17 Feb'06 - 10:17 - 135 of 150 0 0 “Its all gone quiet on here ag

The Chairman of TGL's new acquisition GOS Systems, Peter McKee, was previously head of TRL Electronics (TRL), a similar company. TRL IPOed in July 2004 at 130p, and was taken over within two years at 360p, nearly three times as much. http://www.investegate.co.uk/trl-electronics-plc/rns/admission-to-trading-on-aim/200407150800048652A/ "THE TIMES Tapping into the market for security July 15 2013 Nic Fildes A company that develops technology designed to tap the phones of terrorists and protect the identity of spies and informants is set to float in London. GOS Systems plans to raise £8 million via a float on AIM that is expected to value the homeland security specialist at about £30 million. Panmure Gordon is acting as broker, with the shares set to start trading in August. The company runs its own telecoms network used by security agencies and the police to protect the identities of field operatives and informants. It also gathers data by tapping phones and monitoring the internet usage of suspects. ... The company has swept up smaller players with great technology but low ambitions and will add Deltenna, a mobile technology specialist, using the funds it raises from the float in a £5 million deal. The company, which is based in London but will operate in Chippenham, Wiltshire, is the brainchild of Peter McKee, its 70-year-old chairman, who previously was head of the AIM-listed TRL Electronics. He said there was a “major gap” in the market for a mid-sized specialist: “The bang for the buck we get here from engineers is incredible compared with the US. The Americans do high-spending stuff, but they’re not that clever.” GOS is still early in its development, with revenue of £3.5 million and operating profit of £300,000." http://waterbridgecapital.com/gos-systems-intention-to-float-on-aim-gets-international-coverage/

TGL's track-record as a gold explorer was excellent, producing superb drilling results, and expanding its land holdings. Unfortunately, it was hit by the downturn in the sector: no fault of the company's. But it's now a completely different animal. And as a shell, the company has completed a substantial transaction after just four months as an investment company, which some shells have failed to do after years. Not only that, but it's a cracking, profitable business in a high-growth sector, with fantastic patented technology. And more to come, perhaps imminently! Ilyas Khan's track-record is second to none, as with 20-bagger Zoltav Resources, and circa twenty-bagger WEC (which incidentally had previously been in administration like GOS Systems). And the head of GOS Systems, Peter McKee, was previously head of TRL Electronics, which nearly trebled after its IPO in the mid noughties before being taken over. So would you please stop telling such blatant lies, which is market abuse! GOS itself was buried by its debt, worsened by £400K. of costs for its IPO aborted due to market conditions: bad luck, not the fault of the company's. With the debt now removed by the administration, the major problem that it was facing has been removed too.

I have call this story superbly, sunshine, and the events have materialised just as I forecast. I.e. a deal in the short-term, and an absolute cracker. The fact that you should wish to 'p--- on our parade' after the wonderful good news we've had is truly sad of you.

Trev, Would you cut out the insults please, sunshine, and stop trolling this share. It may be allowed on ADVFN, matey, but not on here: please leave us this environment troll-free for sensible and honest debate. Yes, I do know how you trade this share, which is clearly why you are bashing it with dishonest nonsense, as you are clearly looking to buy. If you continue posting your dishonest nonsense then I will report you: not only to LSE, but to the FCA as well.

Peterhouse Corporate Finance technology RTO (reverse takeover) vehicle Touchstone Gold (TGL), founded by current major shareholder Ilyas Khan, is like a combination of sixteen-bagger LP Hill (LPH), twenty-baggers Audioboom (BOOM) & Zoltav (ZOL), and thirty-bagger Concha (CHA) before they really took off. A repositioning mining company with legacy assets like LPH. A home for an exciting high growth technology RTO (reverse takeover) like BOOM. An Ilyas Khan RTO vehicle like ZOL. And a Peterhouse tech shell / RTO vehicle like Concha And their approach I believe should be the template for TGL: 1. New shareholders buy in at a low share price, so that they and other 'insiders' effectively control the company. (TGL did this in the April and October placings.) 2. Large share price appreciation follows, fuelled by an expected or actual RTO (reverse takeover). (This is currently underway with TGL.) 3. Additional funds raised at the new higher levels. The important point though is that TGL won't actually NEED the money. Rather, it will be willing to take and use it if it is available on very good terms (i.e. a high share price), to ramp up its expansion.

Zoltav, LP Hill, Audioboom, and Concha have all raised money over the last few months at very healthy share prices. In all four cases the share issues were for a share price of at least ten times the share price low, and much more than that in the cases of ZOL, BOOM, and CHA: 18/06/2014 08:01 UKREG Zoltav Resources Inc Completion of Acquisition & Admission to AIM "...Raised US$65,946,418 from ARA Capital, Crediton Invest and Matteson overseas through the issue of 41,216,511 Ordinary Shares at US$1.60 (100 pence)..." http://uk.advfn.com/news/UKREG/2014/article/62604898 09/09/2014 07:00 UKREG LP Hill PLC Subscription and Board Changes "...Kijani Resources Limited ("Kijani Resources"), an existing substantial shareholder in the Company, has subscribed for 1,000,000 new ordinary shares of 0.1 pence each in the capital of LP Hill (the "Subscription Shares") at a price of 40.5 pence per Subscription Share (the "Issue Price"), to raise approximately GBP405,000 before expenses (the "Subscription")...." http://uk.advfn.com/news/UKREG/2014/article/63518663 01/10/2014 13:31 UKREG Audioboom Group PLC £8m Placing to support growth strategy "Audioboom Group plc (AIM: BOOM), the digital social media audio platform, announces that it has raised GBP8 million from new and existing institutional and other shareholders to fund the growth of the business. Highlights -- GBP8m raised through the issue of 64m new ordinary shares at 12.5p per share ..." http://uk.advfn.com/news/UKREG/2014/article/63880114 22/10/2014 07:01 UKREG Concha plc FINAL RESULTS FOR THE YEAR ENDED 30 JUNE 2014 "NEW EQUITY ISSUE AT 4p PER SHARE TO RAISE GBP4m ISSUE OF WARRANTS TO POTENTIALLY RAISE A FURTHER GBP8m AT 8p PER SHARE ..." http://uk.advfn.com/news/UKREG/2014/article/64123970 In the first three cases at least part of the funds came from pre-existing shareholders in the company concerned. In this respect, TGL's recently expressed excitement at the support and leverage of their shareholders looks like a quite striking signal: 30/09/2014 17:45 UKREG Touchstone Gold Limited Interim results "...The new board is delighted to be involved in what we believe to be a very exciting time for the Company as we look to capture some of the significant opportunities that exist in our initial area of focus. Our initial focus has been on the technology sector and we are currently reviewing a number of significant possible investment opportunities. We are extremely excited to have the support and leverage of our shareholders, and we look forward to updating the market on our progress in due course...." http://uk.advfn.com/news/UKREG/2014/article/63867610 Such a strategy makes perfect sense, as it helps existing shareholders to support share price increases that have been made, to the benefit of the company and themselves.

Trev, Anyone looking at the facts and numbers can see clearly that TGL is very well-funded, and that GOS Systems, now stripped of its debt, is profitable. In summary, if GOS had raised millions of pounds in its IPO (which was aborted), it was planning to use some of that money to ramp up its international expansion, and some for a bolt-on acquisition. But it DOESN'T actually NEED that money. Trust the RNS, the official receiver, and finnCap (TGL's NOMAD).