Member Info for oldtramp

Bit of action today ahead of world congress

Maybe worth keeping tabs on this now if all goes well in 3 weeks could be a rise

RNS Number : 7289S CustomVis plc 22 May 2009 22 May 2009 CustomVis plc ("CustomVis" or "the Company") Requisition of General Meeting The Directors of CustomVis, announce that following the receipt of separate requisitions from several shareholders, the last one of which was received on 21 May 2009, a valid requisition has now been received to call a General Meeting of the Company. Under the Companies Act 2006, the Company has 21 days in which to call the meeting and the directors will be sending a notice of meeting to shareholders in due course. The notice of meeting will be accompanied by a letter from the independent director giving the reasons why he will be recommending that shareholders vote against all the resolutions. The Requisition Group The requisition group, which consists of the beneficial interests of Simon Gordon, Mukesh Jain and William Colvin, has requisitioned a General Meeting of the Company to consider resolutions to remove Simon Carroll, the current Chairman, and Paul van Saarloos, the CEO, and substitute these directors with three replacement directors, namely, Simon Gordon and Hugh Grant as directors and Christopher Bell, as a non-executive director. Previous failure to submit a valid requisition Initially the requisition group failed to submit its requisition in accordance with the Companies Act 2006 and the Company's Articles of Association. These provisions are specific on the manner in which a requis

Nothing ventured nothing gained..

if this is worth a punt on the hope that something comes of the Biomarker World Congress 2009 May 27-29, Philadelphia, PA ?

http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/05-18-2009/0005027852&EDATE=

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2159845&source=RNS

Service Department: Second Lieutenant was a service manager who never performed (documented in the company). In last three years, at different times, CEO has been pressurised by staff to replace him. Nearly three months earlier, Staff also wrote to the Chairman to remove him but nothing happened. CEO appointed another Service Manager to replace him but CEO’s favourite is still there with new title, Technical Service Manager. He comes and goes when he feels like it. Misleading Information: On 16th April, Paul told in a team meeting that he fired Mr Steve McRae. We were shocked with his sudden departure. We think that Mr Stuart Usher, worked earlier with Mr Simon Carroll, is not a full time appointment and has not been appointed through proper channels like Administrative Manager. New regulatory manager appointment is also not through proper channels. We do not know the arrangements, but Dr Paul is paying his nanny’s salary through company accounts. We also believe that Paul has not filed his tax return for last few years. This is not expected from a CEO of public listed company.

In many instances the legitimacy of AM’s appointment has been challenged, unfortunately, this motion has been defeated numerous times by the CEO and person who challenged has to leave the company. Personal Attack: Chairman, CEO and their two manager lieutenants are now spending time to discredit Bill Colvin, Hugh Grants, Mukesh Jain and Simon Gordon (Ex-directors). They are trying to get some statements against these directors. This lieutenant also collected some cash money from three Indian sites which can be verified from these sites. Paul also rewarded him by nearly doubling his salary in last two years. WHY??? This team might be milking investor’s money unwisely also. This lieutenant received more than Aus$100,000 tax free money as daily allowances in last two years on top of his salary. To get favour against these directors, second manager lieutenant sent an engineer to Singapore last week to maintain the machine which was lying idle for last two years and Singapore Lasik clinic did not pay a penny during that period instead they returned second machine (documented in the company). At different occasions, CEO commented bad about this client in team meetings and made him responsible for loosing orders in Asia. We do not understand this sudden love affair between CustomVis management and this Singapore clinic site. Service Department: Second Lieutenant was a service manager who never performed (documented in the company). In last three years, at differ

Copied from another forum. we are a group of CustomVis staff and would like to share some information with you and other investors. You inspired and encouraged us to post as you are straight and believe in CustomVis technology. We appreciate your opinion but we need to inform you in what we believe are really going on in CustomVis. You are justified in commenting “All current management ... to start mudslinging and resort to personal attack”. We are writing to express our complete disappointment and disapproval of a current management within the CustomVis. We are also fed up with this management and their lies, and want a better future. Lease Fiasco: Smarteye information is correct, we are moving to new premises, 23 Frobisher St, Osborne Park, Perth after 10th June 2009. We have been forced to leave this building because of disagreements and arguments between owner and CustomVis administrative manager. Administrative Manager: Who is AM? Administrative Manager is in relationship with Paul van Saarloos CEO and joint company on temporarily basis as a helping assistant nearly 2 and half years ago. Now she is holding important managerial positions of Administrative and HR Manager. She also travelled overseas with CEO on company expenses. Her salary has been doubled in last two years. The absence of due process in employing adequately trained and appropriately qualified personnel in public listed company for this role raised issue of transparency and proper manag

No prob mate going to stick this out for a while longer as it just seems to keep going up and i am sure someone is share collecting as i cant see any other reason for all the buys as the company is just not performing.Hopefully the new directors get in and sort this sleeping giant out.Best of luck on all your shares sure i will bump into you again. Take a look at peg from the research i have done all points to a very well run company and see what you think. regards OT

CustomVis RNS Details Missed Sales Numbers PDF Print E-mail Written by Administrator Monday, 11 May 2009 00:00 Taken from http://rescuecv.com/index.php?option=com_content&view=category&layout=blog&id=1&Itemid=62 And still all buys!! maybe the current directors have got there mates too buy shares because i cant see why anyone else would. CustomVis announced this morning that that it has continued to miss the sales numbers that they reported prior as being required to achieve a cash positive position. Ironically the Company is “pleased to announce” this RNS and they are featuring a headline of the “Installation of Three Pulzar Z1 Lasers” during the period. It is of particular concern, with regards to the cash position when measured against the latest financial update released by the company in February 2009 , that management fails to clearly state that such installations represent less than one-third of the needed 3 sales per month that management has described as being needed to be cash flow positive. Further, this may be optimistic as “Installations” have previously been used to describe non-sale placement of systems.

Yes mate its about time this one got moving

Take a look at Simons other interests and that of the Main share holders of CV Makes interesting reading .Common sense tells me to get out but gut feeling on the slow continual price rises tells me to hold. Interesting little share to say the least.

Take a read of this site when you have some spare time http://rescuecv.com/index.php?option=com_content&view=category&layout=blog&id=1&Itemid=62

Strange one the shares have doubled in the last couple of weeks very slowly and quietly with a few big buys most days.The company is defo underperforming and puts out an rns that it has put out 1 machine for test at Moorfields which really isnt that big of a deal and in the background we have Simon Gordon looking to oust the current board and bring in his own team and raise the profile and profit of the company. What do you guys make of it all?

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2155207&source=RNS

Nice 2.5 mill buy late on should click UP in the morning

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2154045&source=RNS

Read through this site mate http://rescuecv.com/index.php?option=com_content&view=category&layout=blog&id=1&Itemid=62