Member Info for Yalo

only over the phone, but not sure if is worth it?!

Avacta Group plc (the "Company") announces that 650,607 ordinary shares of 0.1p each ("Ordinary Shares") have been issued at a price of 1.316 pence per share pursuant to contractual obligations for services provided to the Company It seems that they can't even find £8,500 to pay their invoices and have to issue new shares? I really don't get this!!

good morning all! why they have to keep us on our toes until 25th? Can they actually release RNS on 25th (when market is closed)?

I do want to be optimistic as well, there are days though when I feel like complete idiot for investing here..having said that today's news sound somehow more comforting knowing that someone with investment experience in Africa is coming on board....if this come back I am booking my trip around the world for next year! :))

"the Company expects that the Financial Reports will be published before 25 December 2009" - fingers xx "Roy Lander, CAG's Chairman, has stepped down from the Board with immediate effect, for personal reasons" - sorry not being mean or rude, but what exactly are those personal reasons? - he has enough of this fiasco?? "Once the Financial Reports are published, the Board anticipates that trading in the Company's shares on the AIM market of the London Stock Exchange will recommence" - not long now, one way or another!! Good luck to all!

yeah same here, what I dont get is that the company has made a good progress during the year with development of new products, etc and with the Pharmaceuticals up 20% since June - the value of the company has been shrinking? I know the markets dont make sense anymore these days, so might as well play the pure gamble with oil co's..anyway hope we get some more positive news from them soon. GL!

how long have you been in this co? I really find it hard to see how can one make a return on this investment?

"the remaining 36,666,666 new ordinary shares of 0.1 pence each ("New Ordinary Shares"), at a price of 1.5 pence per Ordinary Share, have been placed by Daniel Stewart." Application has been made for the New Ordinary Shares to be admitted to trading on the AIM market of London Stock Exchange plc and dealings are expected to commence on 9 December 2009.

I was just quoted 1.20p to sell :(((

I know, I tried to get out a few times in the last month, but i was not able to sell..it seems that we ar lockin in!?! I wish I can sell all and move on, I am not excited anymore abou this company.Its a good company with innovative products and I invested in here beacuse I wanted to diversify from the other sectors I normally invest..I think I should stick to oil & miners from now on..

No, they are not trading as such.. they have product, but no contracts or production. perhaps the money left was used to pay for some sort of wages.. just because they turn up for work at office overy day doesnt mean that they are trading...anyway I would be more than happy to hear that they have made any progress since the suspension.

has anyone tried to sell shares in the last few weeks? I have been trying to sell some shares to release capital but I am only given an option to sell 1,000 shares at the time..Very weird..

6 months before the shares are delisted from AIM which is 30/01/2010. If by trading you mean looking for funding - yeah they better be!!

for electricity and gas meters. There has been no news since the suspension. Other competition in the smart meter services market includes IMServ Europe, which is a subsidiary of Invensys, and a subsidiary of Siemens. International competition is likely to come from two Nasdaq-quoted companies, Ecehlon Corporation and Itron, and private equity backed Landis+Gyr. The utilities have their own metering services businesses as well.

Bglobal is still loss-making but well on its way to making a profit. Bglobal says that all its energy supplier customers are increasing orders. Bglobal has won a contract with Gazprom, which is trying to establish itself in the UK. Bglobal also has an agreement with Npower relating to the latter’s service which will enable customers to sell back electricity that they have generated from solar, wind or microCHP. Bglobal was floundering earlier this year due to the loss of finance for the installation of meters. A new bank facility from Barclays has provided it with the cash needed to increase the rate of installations. Bglobal recently passed its flotation price of 50p a share for the first time since 2007. So far Bglobal, which is a market leader, has installed 75,000 meters in its history, which provides an indication of how low the penetration of smart meters is in the UK Most of those are in commercial premises. Utility services provider Spice Group could be another beneficiary. It has little direct smart metering exposure at the moment, although the acquisition of ComGroup during the summer will help. Spice has relationships with the utilities and already provides them with services. It also has energy efficiency and consultancy operations. Another AIM-quoted smart metering firm, Qonnectis, has run out of cash and its shares have been suspended since the end of July. Qonnectis is predominantly involved in water meters but its technology is also used

make that -13.89%, no real reason really..the share seems to be news driven..I guess the sp will pick up once more orders are secured for the new products. I can't see it going lower than 1.5p

oh and another one: the shares have been suspended from trading FIVE times since listing on AIM how did I miss this when I put money into this??? Man, how badly I want my £3K back LOL

Just out of curiosity I looked back to see how long did the last suspension last and here is the summary: 12 Nov 2008 (shares suspended) - 22 April 2009 (suspension lifted) = 5 months and 10 days 25 June 2009 (shares suspended) - Present = as of today 5 months 7 days So perhaps what Roy said in that emial my proved true.. If we stick to the same patern Roy we should welcome your RNS on Friday or next week Monday?? GOOD LUCK!!

since we are already in suspension, your post should maybe read: "xx days to delisting"

yes i did see the post, although it is as you said glimmer of hope. I am really surprised that Roy has email back "immediately" where we hardly get any company announcements from him and if we do get any they are misleading..I am not gonna even get into that whole story and the big question of where did the money from the placement go? :)) anyway, I am indeed more positive from one side that the gold is keeping a good price these days and I am sure there are a lot of sharks in Africa who would like to get their teeth on bargain such as this one. I hope for everyone's sake this happen and we get paid off something for the wait. ATB