maestro
- 27 Nov 2006 08:32
watch and learn!
2517GEORGE
- 27 Nov 2006 08:52
- 2 of 135
There needs to be to get the sp back to where it was when I bought, it's been oneway traffic, downwards.
2517
NabCom
- 08 Dec 2006 07:13
- 3 of 135
Yoomedia (YOO)
08 December 2006
Games Content Agreement with BT Vision
YooMedia, the AIM-traded interactive media, gaming and mobile entertainment company, has signed an interactive content agreement with BT to supply some of its most popular games for BT's next-generation TV service, BT Vision.
The initial batch of games will cover the fun, puzzle and trivia genres that appeal to all sections of the family, with further titles in development featuring advanced gameplay functionality and multi-player capabilities.
Remy Minute, Commercial Director, YooMedia commented, 'The launch of BT Vision recognises the consumer's demand to be able to access entertainment at a time and in a manner of their choosing. We are excited to be able to include YooMedia's significant experience in providing gaming and gambling services across multiple media platforms within the BT Vision offering.'
Dan Marks, CEO of BT Vision, said: 'BT Vision is keen to offer the whole family a broad range of fun, interactive games, and I am pleased to be showcasing YooMedia's titles on the service. I am also looking forward to being able to offer our customers further YooMedia titles that harness the power of broadband to offer, for example, multiplayer options.'
BT Vision customers are able to enjoy a vast range of film, music and television programming available on-demand as well as interactive services and all the Freeview channels, all available on the TV, with no compulsory subscription.
This unique combination, delivered on a software platform powered by Microsoft and through a set-top box made by Philips, allows customers choice, control and convenience. To register for BT Vision, please visit www.btvision.bt.com
http://www.investegate.co.uk/Article.aspx?id=200612080700424957N
moneyplus
- 08 Dec 2006 10:13
- 4 of 135
stunned silence!!
Dil
- 08 Dec 2006 11:17
- 5 of 135
Not even back to where maestro first started ramping them .... thats why he started a new thread !!!
Dil
- 08 Dec 2006 11:18
- 6 of 135
Any figures mentioned ???
Thought not .
queen1
- 08 Dec 2006 13:57
- 7 of 135
Well done to any holders who bravely bought in at 1p. A nice profit for you despite the negative sentiment of some.
ahoj
- 08 Dec 2006 16:29
- 8 of 135
Was this 1p before? When did it hit 1p?
I remember I bought it at 2.65 and sold at 2.12. I should see weekend press before buying again.
2517GEORGE
- 08 Dec 2006 17:01
- 9 of 135
Another half a dozen days like that and I may get my money back.
2517
Dil
- 08 Dec 2006 19:18
- 10 of 135
Yeah well done to say errr both of you wherever you are who bought at 1p.
Commisserations to all the other thousands who bought at 10 , 20 and up to 50 times that and have well and trluy been shafted by the management and their bullshit all the way down.
Which category are you in queenie ???
maestro
- 08 Dec 2006 21:39
- 11 of 135
dil..stop ya whinging...they can always buy at the bottom like me
NabCom
- 09 Dec 2006 14:17
- 12 of 135
December 8
YooMedia "buy"
http://www.newratings.com/analyst_news/article_1439440.html
newratings.com - USA
LONDON, December 8 (newratings.com) - Analyst Charles Peacock of Seymour Pierce maintains his "buy" rating on YooMedia (ticker: Y7I). ...
Guardian Unlimited - UK
http://business.guardian.co.uk/marketforces/story/0,,1967704,00.html
... YooMedia, the Aim-listed entertainment group, added 0.5p to 1.75p after announcing an agreement to supply some of its interactive games to BTs television ...
ShareCast - London,UK
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=960830
... Shares in Yoomedia soared by as much as 40% following news that it has agreed to supply some of its most popular games for BT's new next-generation TV service ...
Dil
- 09 Dec 2006 20:37
- 13 of 135
lol maestro ... in your dreams mate
NabCom
- 10 Dec 2006 07:23
- 14 of 135
Yoomedia soars on BT deal
MoneyWeek (Subscription) - London,UK
Interactive gaming firm Yoomedia is set to benefit from a wider audience after agreeing to supply a range of content to BT's new Vision platform. ...
http://www.moneyweek.com/file/22804/yoomedia-soars-on-bt-deal.html
For the record 8 december
ElectricNews.net - Dublin,Ireland
... Yoomedia has signed an agreement to provide interactive games for BT's new internet TV service, BT Vision. British firm Yoomedia ...
http://www.enn.ie/frontpage/news-9856227.html
UK small caps close higher bolstered by takeover news, contract ...
Hemscott - London,UK
... caps closed higher, tracking the wider market, with Huntleigh rallying on news of an agreed takeover bid, and contract news supporting Yoomedia, dealers said. ...
http://www.hemscott.com/news/latest-news/item.do?newsId=38141457109006
NabCom
- 21 Dec 2006 14:56
- 15 of 135
UK iTV health service launches on DTT
21 Dec 2006
The UK government's NHS Direct Interactive TV health information service has launched on digital terrestrial platform Freeview, extending its reach to 14.8 million households.
NHS Direct Interactive, powered by interactive media specialist YooMedia, was previously only available to the 8.4 million households signed up to the Sky Digital satellite platform.
Its extension on to Freeview adds a further 6.4 million homes..
http://www.c21media.net/resources/detail.asp?area=89&article=33740
Dil
- 21 Dec 2006 15:15
- 16 of 135
Wow bloody wow , wots the viewing figures ???
Treblewide
- 21 Dec 2006 15:30
- 17 of 135
brilliant from 55p to 1p in a year and people think it is a buy...maestro with this donkey and AFN, SEO you must be nearly bankrupt.....you do talk pish
Dil
- 22 Dec 2006 00:31
- 18 of 135
Might be losing money hand over fist Treb but look how much the directors get paid .... and all the announcements they make , must be a winner !!!
ahoj
- 22 Dec 2006 09:18
- 19 of 135
Going back to 55p should take MUCH longer than 55 to 1.5...IMO
Treblewide
- 22 Dec 2006 10:31
- 20 of 135
ahoj if they get to 55p again without a share consolidation i will rund through glasgow naked with a YOO ROCKS banner.
dont be so bloody daft...55p again lol......they will go bust just a matter of time
ahoj
- 22 Dec 2006 10:39
- 21 of 135
You have enough time to get ready for the run. That should be in summer
Treblewide
- 22 Dec 2006 11:50
- 22 of 135
:-) some people never cease to amaze me.......i would love you to back up with figures how you expect the share price to grow in excess of 5000% in 6 months to give them a market cap of 600M, they would need to be reporting net profits of 50-60M, and in 3 years of trying have failed to report 1 single penny in net profit. the company is a joke in he eyes of the city and investors...dont be so daft son get your money out of it before you loose it all.
or please educate us as to how this miracle will happen backed up by figures
ahoj
- 22 Dec 2006 13:54
- 23 of 135
cisco worth 165bln... (PE 42). Check your figures!!
EBAY worth 140bln.. PE of 58. That's still cheap.
Yoo worth about 12M now. It can go back to last year's levels if everything goes well. Employees have to do well to get rich. They have reasons to do their best ....check the grants today.
I can be wrong as I have been most of the times before. I lost so much on QXL when I sold all my holdings just above 300p about two years ago. It then moved to 11000p ... that was !!!! 3500% rise...
maestro
- 22 Dec 2006 15:20
- 24 of 135
YEP QXL still only worth 259m and rapidly catching up Ebay....possible 10 bagger in time
Dil
- 23 Dec 2006 01:01
- 25 of 135
roflmao ... quick Treb its the next Cisco but keep it quiet for now and we'll clean up by June.
Schools have broken up for xmas then ahoj.
NabCom
- 05 Jan 2007 07:48
- 26 of 135
04 January 2007
Visual Europe Supplies MPEG ASI Conditioning Solution To YooMedia
YooMedia PLC, the independent interactive entertainment group, has installed Transflow units from Visual Europe into its London Head Office.
The compact 1RU boxes are being used to stabilise ASI streams being fed into the UK DTT network. A main and reserve unit provide redundancy and allow YooMedia to remove any unwanted packets from their output.
YooMedia plc is an independent interactive entertainment group that delivers B2C services and B2B solutions over Digital TV, mobile phone and the web.
YooMedia owns and operates popular B2C brands in the high-growth sectors of Dating and Gambling. Dateline is the UK's most established dating brand while YooMedia's solution for iTV games division leads the way in synchronized multi-player gambling offering customers a single e-wallet payment solution.
YooMedia also designs and delivers leading-edge B2B solutions for brand owners, agencies, content developers and broadcasters in the core interactive platforms of Digital Television, Mobile and the Web.
(DS)
http://www.4rfv.co.uk/industrynews.asp?ID=57925
NabCom
- 05 Jan 2007 07:49
- 27 of 135
Yoomedia PLC (YOO)
05 January 2007
YOOMEDIA MOVES CASHLESS PAYMENTS CAPABILITY
INTO PARKING SECTOR
YooMedia plc, the AIM-traded interactive media, gaming and mobile entertainment
Company has extended its capability in the mobile payments sector with a deal to
provide multi-channel cashless payments via IVR (interactive voice response) and
web-based solutions for the payment of penalty charge notices.
Once proven in trial, Central Parking System (CPS) plans to roll-out the
YooMedia system to its other local authority customers in the UK and Ireland
Bryn Jenkins, Business Development Director, Services, YooMedia said: 'Both the
IVR and web-based systems are robust and suited to any scenario where payment by
mobile (or landline) phone or online may be desirable. We are already talking
with other organisations, both in the parking sector and elsewhere, who are
interested in the benefits that our cashless payment solutions can provide.'
About Central Parking System
Central Parking System of U.K. Limited is a wholly owned subsidiary of Central
Parking Corporation, the world's largest parking services provider a
$multimillion turnover company listed on the New York stock exchange. We are a
major supplier of standard and bespoke on street and off street parking
enforcement, and car park management together with ancillary services to both
public and private clients within the parking industry. At CPS we are
passionate about parking and we believe that our people are the key to our
continued success.
http://www.investegate.co.uk/Article.aspx?id=200701050700300266P
hewittalan6
- 05 Jan 2007 07:52
- 28 of 135
Good finds, Nabcom. Thank you.
My ridiculous litle rump holding in this might spark into a bit of life now ;-)
Alan
ahoj
- 05 Jan 2007 10:21
- 29 of 135
Yoomedia signs deal to provide multi-channel cashless payments via IVR
AFX
LONDON (AFX) - Interactive media, gaming and mobile entertainment company Yoomedia PLC said it has signed a deal to provide multi-channel cashless payments via interactive voice response (IVR) and a web-based option to pay penalty charge notices online.
The AIM-traded company said the deal will allow motorists to telephone a number on the reverse of their penalty charge notice and authorise payment of the charge via a credit or debit card. The system can also be used to pay multiple penalty charge notices at one time, Yoomedia added.
The company said it is currently running a trial for the IVR system in Dun Laoghaire in the Republic of Ireland for Central Parking System (CPS), which works with local authorities throughout the UK and Ireland as an outsourced provider of parking solutions.
Dil
- 05 Jan 2007 11:14
- 30 of 135
Whoppeee bloody woooo.
john50
- 05 Jan 2007 11:56
- 31 of 135
lol
moneyman
- 05 Jan 2007 11:59
- 32 of 135
Better than nought Dil
Treblewide
- 05 Jan 2007 11:59
- 33 of 135
hardly bleeding edge is it...probably being paid about 100k ish to develop it aint gonna make a dent in the losses
Dil
- 06 Jan 2007 11:58
- 34 of 135
Thats a matter of debate moneyman , nearly every bloody contract or other item they've announced previously they have managed to lose money on.
Show me the profits !
NabCom
- 20 Jan 2007 16:32
- 35 of 135
January 20, 2007
[itvt] ITV Interview: Sam Pemberton, CEO, the Softel Group
Pemberton: We generally talk about four different use cases for our products. There's interactive content developers, like emuse, Ensequence, Two Way TV, YooMedia, Vidiom, and so on
---
[itvt]: Could you give us some examples of current projects where MediaSphere is being used--especially projects that see it playing out to multiple platforms at the same time?
Pemberton: Sure. We're doing that for a whole range of different partners and customers. Though first I should perhaps stress that we don't actually produce the interactive content ourselves. We leave that to the experts, like emuse, Ensequence, SysMedia, Two Way TV, YooMedia, Vidiom, and so forth--all of which, by the way, partner with us for playout.
---
We've also worked with YooMedia on the playout of a variety of interactive applications for UKTV and the other BBC-Flextech channels.
http://blog.itvt.com/my_weblog/2007/01/itvt_itv_interv_1.html
Dil
- 22 Jun 2007 20:32
- 36 of 135
Oi maestro re post 1 ..... Im still watching and have learnt that your full of sh*te.
A lesson to all.
tcdmct
- 23 Jun 2007 12:58
- 37 of 135
Dil if you get any further up Maestro,s arse you will come out his mouth,you quote on every thread he does.
Dil
- 23 Jun 2007 13:02
- 38 of 135
I think you will find I have not often posted on a maestro thread but I was slagging off YOO long before he turned up with his usual bullsh*t.
Now go finish your homework and leave the real stuff to the big boys sonny.
tcdmct
- 23 Jun 2007 13:05
- 39 of 135
i have more of a portfolio than you will ever have or dream to have little guy.
maestro
- 23 Jun 2007 23:29
- 40 of 135
oi dil...26th june..patience laddie
tobyboy
- 24 Jun 2007 15:06
- 41 of 135
great deal makers and savvy board unlike the other sector muppets
moneyplus
- 24 Jun 2007 15:26
- 42 of 135
Red rag to a bull toby--you will catch a lot of flack for that comment!! I'm still in and hoping for a ray of sunshine Tuesday--if that is results day!!
moneyplus
- 29 Jun 2007 16:36
- 43 of 135
much improved results out at 3pm--shares perked up! there's a glimmer of hope here---we're still in business and turning around!! I might be olod and grey before I see any profits but at least we are not down the plug hole!!
moneyman
- 01 Jul 2007 22:00
- 44 of 135
LOL
Dil
- 02 Jul 2007 08:45
- 45 of 135
Flogging the jewel in the (battered) crown ... smacks of desperation to me.
thesaurus
- 17 Jul 2007 12:37
- 46 of 135
I brought these at 4.4p and have taken a big hit....is there any recovery in the next 6 months or any good news to come?
Dil
- 17 Jul 2007 13:15
- 47 of 135
Is the Pope protestant ?
Darradev
- 17 Jul 2007 13:41
- 48 of 135
Dil, maybe he can put a 'word in' with the big boss upstairs.
Thesaurus, based on 2006 accounts, the level of debt and forward projections, this is looking like a long haul. Average down, bottom drawer or bite the bullet, it's a painful decision whichever you choose. Can understand your position.
Darradev
- 09 Aug 2007 13:30
- 49 of 135
Thesaurus, have you sold? Some news in. First time I've seen a placing price higher than the current SP, all-be-it small beer to the big boys.
You live and learn !
http://moneyam.uk-wire.com/cgi-bin/articles/200708081446267563B.html
Dil
- 09 Aug 2007 16:18
- 50 of 135
They have issued them warrants too :
"The issue of the Warrants is conditional on the passing of certain resolutions
at the Company's next extraordinary general meeting (the 'EGM'). The Company is
seeking to call an EGM, notification of which will be sent to shareholders in
due course."
Bet they want half a dozen seats on the board ... another crap announcement methinks.
thesaurus
- 09 Aug 2007 17:12
- 51 of 135
I am still holding on. Any thoughts on how this will effect the share price over the next 3 months
halifax
- 09 Aug 2007 17:49
- 52 of 135
Last person to leave pse switch the lights off!
Dil
- 09 Aug 2007 20:42
- 53 of 135
Think about it thesaurus , if they wanted to pick up that many shares they could do it in the market , must be plenty of p*ssed off holders willing to flog that many at a premium to current price.
It's another rescue package with big strings attached I guess.
iturama
- 24 Aug 2007 08:43
- 54 of 135
YooMedia plc
New Customer Agreement
Remote Parking Payment Contract with Leading Car Park Company
YooMedia plc ("YooMedia" or "the Company"), the interactive media and games
group has, under its partnership agreement with PayChannel, entered into an
agreement with Meteor Parking Limited, part of the GoAhead Group Plc and
Britain's third largest car parks company.
The agreement is to provide remote payment services via a secure cashless
payment service called YooPark. It is expected that through YooPark, the
Company will earn a minimum of 17p per transaction per space and that this
agreement will cover at least 19,000 spaces, all at railway station car parks,
with expected further growth through roll-outs to other Meteor locations.
Whilst the initial deployment and subsequent roll out schedule is yet to be
finalised, the scope of planned deployment of YooPark by Meteor will include
car parks on the Southeastern, West Midlands, and Southern rail franchises.
There are two YooPark products being provided. Using the first, motorists are
able to dispense with the tradition of feeding car park machines with coins.
Instead payment can be tendered using an Interactive Voice Response (IVR)
system without any requirement for prior registration or, if preferred, via
mobile phone text messaging (for those who choose to register). If registering,
the IVR system will retain customers' payment card details for future use so
that these are never transmitted via SMS. Where a ticket has not been displayed
in the windscreen, parking attendants will be able to input the car
registration number into a Wireless Application Protocol (`WAP') application to
check if a valid YooPark payment has been made. Car park users who have not
paid will be issued with a Penalty Charge Notice (PCN). The second YooPark
product being provided allows payment of the PCN via a further IVR service
covered by the same transaction charging scheme as IVR parking. Both products
provide Meteor with full reporting and enquiry facilities and car park users
can request additional services such as SMS Reminders when their YooPark
parking time is about to expire and SMS Receipts for YooPark PCN payments.
YooMedia continues to explore opportunities in the parking and interactive
gaming sectors for its dedicated transaction services.
Neil MacDonald, Managing Director, commented:
"Expanding business activities through different applications of our
proprietary software is the principal focus of the Company. YooPark is a prime
example of what we can achieve.
"I am delighted that Meteor recognises the advantages of our system, which
enables an individual to simply park their car and pay using a mobile phone
while on the train. We believe this system to be at the forefront of the sector
and it has the ability to significantly add to our future profitability."
24 August 2007
Enquiries:
YooMedia plc Tel: 020 7462 0870
Neil MacDonald, Managing Director
Nexus Financial Ltd Tel: 020 7451 7050
Nicholas Nelson/Kathy Boate
nicholas.nelson@nexusgroup.co.uk
Nominated Advisor - Seymour Pierce Limited Tel: 020 7107 8000
Mark Percy/Parimal Kumar
Note to Editors:
YooMedia plc (
www.yoomedia.com
) is one of the UK's leading interactive
entertainment content and service providers. It conceives and delivers
interactive content and services with which brands can engage and secure
transactions from their consumer base. This activity takes place across and can
integrate multiple platforms, including interactive television, the web, fixed
and mobile phones. The Company's client base includes broadcasters & content
owners, brand owners and advertisers, gaming operators, and retailers and
service providers.
Dil
- 24 Aug 2007 08:55
- 55 of 135
Yeah marvellous buts its an option to pay that way , how many do you reckon will use it about 99% imo will carry on paying as they do now.
Another crap announcement.
queen1
- 24 Aug 2007 10:43
- 56 of 135
Followed by another crap posting. I don't know how you mange to be so consistently sad :-)
Dil
- 24 Aug 2007 11:41
- 57 of 135
I get up early :-)
moneyplus
- 24 Aug 2007 12:46
- 58 of 135
I think this will grow like topsy now! At least I've got everything crossed that it will! no meters to be broken into for the money-a big problem in London I believe and very convenient not having to find a machine and fumble around for change while your train pulls away etc. We may be about to go the right way at last!
2517GEORGE
- 24 Aug 2007 13:57
- 59 of 135
Well it is a nice % rise today but I need about 2 more weeks of such rises, I am sat on quite a loss with YOO, but I guess it is positive news. So here's hoping.
2517
Dil
- 25 Aug 2007 01:22
- 60 of 135
Um what if the train pulls off and you can't get a signal before being clamped ?
How they going to know if you got on the train 1 minute ago or 5 days ago ?
This is another sh*te announcement just like all the rest .... deal with bookies was gonna be the killer remember , what happened ???
If they invented a potion to avoid death no one would believe them ... going bust imo.
james 1
- 25 Aug 2007 09:18
- 61 of 135
Quote
---------------------------
Dil - 25 Aug 2007 01:22 - 60 of 60
Um what if the train pulls off and you can't get a signal before being clamped ?
How they going to know if you got on the train 1 minute ago or 5 days ago ?
---------------------------
Answer
Obviously the car would have been clamped five days ago.
Here is hoping it is a run away train and you are on it
Bon Voyage
nav1000
- 26 Aug 2007 20:47
- 62 of 135
earlier this month yoo raised 500k, they didnt mention what it was for, rumours flingin about that yoo are about to do partnership with a gambling firm to set up a tv channel poker..
has kesai paid for the option yet? will find out by Monday 3rd sept 07.
interims end of sept has improvements of h2 2006 been maintained in h1 2007 or better.
company undervalued, mkt cap 10m could easily double...
Treblewide
- 26 Aug 2007 20:55
- 63 of 135
ffs...will you people never learn......it is a bag of crap and have never once delivered on any promises.....hate to say it but Dil boy is right....it is going bust
Barry Harris
- 28 Aug 2007 12:38
- 64 of 135
When ?
Dil
- 28 Aug 2007 13:09
- 65 of 135
Sooner the better imo.
queen1
- 29 Aug 2007 01:23
- 66 of 135
Why? Are you not going to reach that climax you've been longing for until the administration notice has been released?
trigger45
- 29 Aug 2007 08:17
- 67 of 135
"Why? Are you not going to reach that climax you've been longing for until the administration notice has been released? "
Nice one. lol.
Dil
- 29 Aug 2007 09:41
- 68 of 135
You still in this sh*t Queenie ?
queen1
- 29 Aug 2007 14:24
- 69 of 135
That's what I like about you dilly, your eloquent responses are just so full of wit and cutting satire.
Barry Harris
- 30 Aug 2007 13:25
- 70 of 135
If its sh*t Dil why do you bother? I think you have already told all posters here it`s going bust SO WHY DO YOU KEEP ON POSTING?
queen1
- 30 Aug 2007 14:35
- 71 of 135
Well said Barry! But expect an answer about looking out for the interests of fellow investors.
Actually, scrub that. It's more likely to be the eloquence of "I've no f*****g idea".
Dil
- 09 Oct 2007 15:32
- 72 of 135
To add a touch of class to the debate Barry.
... and yes we know you have no fcuking idea Queenie about investing its blantantly obvious.
queen1
- 09 Oct 2007 16:42
- 73 of 135
Blantantly dil? You're right - what a class act.
Dil
- 09 Oct 2007 23:48
- 74 of 135
Proves I can't type and I aint got a spell checker at work mate but I bet I'm better at English than you are at Welsh.
You still praying for a miracle or come to your senses ?
Dil
- 13 Oct 2007 01:28
- 75 of 135
Ah well you can always paper the bedsit with the certificates when they go bust Queenie.
Scripophilist
- 13 Oct 2007 09:53
- 76 of 135
Christ, Are people still debating the 'merits' of YOO. Doesn't take a genius to work out this one.
james 1
- 13 Oct 2007 10:20
- 77 of 135
I see the MUPPETS are still together you dont get one with out the other,
which one has his hand up the others A--E
Dil
- 14 Oct 2007 00:46
- 78 of 135
Great minds think alike james .... muppets run muppet companies.
Dil
- 19 Oct 2007 19:45
- 79 of 135
When are the next non results due ?
mcgrath1958
- 31 Oct 2007 14:22
- 80 of 135
Those that stayed with this are going down like the Titanic!
maestro
- 31 Oct 2007 23:04
- 81 of 135
could do a tadpole though 1p to 5p
snipefest1
- 06 Nov 2007 18:31
- 82 of 135
Anyone give me an idea of why - if this is going bust - arent the directors rapidly selling their mass of shares for as much as they can get - If they do that perhaps a weekend in Blackpool is bought and paid for?
Dil
- 06 Nov 2007 20:06
- 83 of 135
Cos they are probably better off having rights issue after rights issue to keep themselves in a job and pay themselves a handsome salary.
Dil
- 12 Nov 2007 13:16
- 84 of 135
2 a penny soon.
Dil
- 05 Dec 2007 10:06
- 85 of 135
2 a penny to buy 3 a penny (approx) to sell .... bargain NOT !
Dil
- 06 Dec 2007 17:02
- 86 of 135
What's todays announcement mean then ... are shareholders getting well and truly shafted once again ?
Here's an interesting snippet from the we burn your cash board of directors :
""However, the Directors believe that if Shareholders do not support the Proposals, the Company may not have sufficient working capital to meet its creditors'
obligations as they fall due. Furthermore, recourse to alternative sources of
finance may not be possible in the time available."
Dil
- 06 Dec 2007 17:03
- 87 of 135
Abandon ship , abandon ship .... every man for himself.
maestro
- 06 Dec 2007 17:54
- 88 of 135
Edited MoneyAM
Treblewide
- 06 Dec 2007 17:54
- 89 of 135
how much have they paid for a company that made 100k profit last year?
these people are clowns
Dil
- 06 Dec 2007 22:41
- 90 of 135
YooMedia plc
Proposed Capital Reorganisation
Proposed consolidation into New Ordinary Shares
Proposed increase in the authorised share capital
Proposed acquisition of a majority holding in Fresh Interactive Technologies SA
Proposed placing of 7.845m New Ordinary Shares at 1.0962 per New Ordinary
Share
Proposed capitalisation of Convertible Loan Notes and Directors' Fees
Proposed change of name to Mirada Plc
YooMedia Plc, ("YooMedia" or the "Company") (AIM: YOO), is pleased to announce
that it has conditionally agreed to acquire 95.2% of the issued share capital
of Fresh Interactive Technologies SA ("Fresh"), a leading Spanish interactive
television company, and has conditionally raised the sum of approximately 12.9
million (before the deduction of any expenses), following a share consolidation
and restructuring. The Company is also proposing to settle sums due to two of
its lenders, Highbridge International LLC and Platinum Value Arbitrage Fund,
LLP, and fees which are due to certain of the Directors (together, the
"Proposals"). It should be noted that the Proposals are conditional on, inter
alia, the passing by the holders of ordinary shares of 1p each in the Company
(the "Shareholders") of certain resolutions to be proposed at an extraordinary
general meeting of the Company ("EGM"). A circular and the notice to convene
the EGM ("Notice") have not yet been sent to Shareholders and this circular is
required to be approved by the Panel on Takeovers and Mergers ("the Takeover
Panel") before being despatched. A further announcement regarding the
publication of the circular containing the Notice will be made in due course.
YooMedia also proposes to sell YooMedia Dating Group Limited, its subsidiary
business which trades under the Dateline brand.
As part of the Proposals, the Company is proposing to raise a total of
approximately 12.9 million, 8.6 million of which will be through a placing of
new ordinary shares of 1 each in the Company ("the Placing") at 1.0962 per
share, mainly with Kasei 2000 SL ("Kasei 2000"), a special investment vehicle
which, as announced by the Company in July 2007, had been granted an option to
acquire the Company's games and gambling business. A further sum of
approximately 4.3 million will be raised through an investment in Fresh by
Baring Private Equity Espa ("Baring") which is to be completed prior to the
acquisition of 95.2% of the issued share capital of Fresh by the Company (the
"Acquisition"). These aggregate funds will be used to strengthen the Group's
balance sheet, to provide working capital, to invest in new products and
services as well as assist in financing the Group's proposed international
expansion. It is also proposed to change the name of the Company following the
completion of the transactions to Mirada plc.
As following the Placing and the Acquisition, Kasei 2000's investment in the
Company would be 43.06% of its enlarged share capital, Kasei 2000's investment
will be conditional on, inter alia, Shareholders passing, on a poll at the EGM
(which is yet to be convened), a waiver of the requirement under Rule 9 of the
Takeover Code ("Rule 9 whitewash") for Kasei 2000 to make an offer for the
entire issued share capital of YooMedia. The circular requisitioning the EGM
will itself be subject to approval by the Takeover Panel prior to its despatch
to Shareholders. However, the Board is in negotiations with an unrelated third
party with regard to a potential participation in the Placing. If such
negotiations are successfully concluded, Kasei 2000's participation in the
Placing would be reduced by such amount so that it would hold, in aggregate,
less than 30% of the enlarged share capital of YooMedia on completion of the
Proposals. Under such circumstances a Rule 9 whitewash would not be required.
The Company has found it difficult to achieve profitability in the UK market
and as a result the Group's balance sheet has become weak. An update on current
trading, including the proposed disposal of Dateline, is provided below.
Michael Sinclair will remain Chairman of the Enlarged Group and Fresh's Chief
Executive, JosLuis Vazquez, will become Chief Executive Officer. Neil
MacDonald, currently Managing Director of YooMedia, will become Chief Operating
Officer and Rafael Mart Sanz, a director of Kasei 2000, will join the Board
as a Non-Executive Director. In addition, to better reflect the business of the
enlarged Group going forward, the Directors are seeking to change the name of
the Company to Mirada plc.
CAPITAL REORGANISATION
The transactions will involve a reorganisation of the Company's capital
structure. It is proposed that each issued and unissued ordinary share of 1p be
subdivided into one ordinary share of 0.1p and nine A deferred shares of 0.1p
each. Every 1,000 subdivided shares will then be consolidated into one new
ordinary share of 1 ("New Ordinary Share"). All share warrants and options
which have been issued by the Company will be consolidated on the same basis.
The rights attaching to the New Ordinary Shares will be identical in all
respects to those of the current ordinary shares of 1p each. The new A deferred
shares of 0.1p each will not be consolidated and will have very limited rights.
Following the consolidation there will only be approximately 912,242 New
Ordinary Shares in issue (although this number could vary due to fractional
entitlements which may arise as a result of the capital reorganisation and the
share consolidation). It is proposed that the authorised share capital of the
Company be increased to 30,000,000.
Terms of the Acquisition
The Company has conditionally agreed to acquire 95.2% of the issued share
capital of Fresh. Baring has undertaken to invest approximately 4.3 million,
by way of a subscription for new shares in Fresh prior to completion of the
Acquisition, and the Acquisition is conditional on this investment completing.
Fresh has itself convened an extraordinary general meeting of its shareholders,
which is to be held on or before 22 December 2007, to, inter alia, approve the
Baring investment. Kasei 2000 has an option to acquire approximately 30% of the
current issued share capital in Fresh, from one of the existing shareholders of
Fresh, which it intends to do immediately prior to the Acquisition, and it has
undertaken to sell such acquired shares to the Company.
The Company has conditionally agreed to pay a total of 6.45 million for the
acquisition of not less than 95.2% of the shares in Fresh following the Baring
investment. This will be satisfied by the allotment and issue of 5,883,955 New
Ordinary Shares, credited as fully paid, at a price of 1.0962 per New Ordinary
Share. Should the Company acquire 100% of the shares in Fresh, the acquisition
price would be 6.775 million and this would be satisfied by the issue of a
further 296,482 New Ordinary Shares at a price of 1.0962 per New Ordinary
Share.
Fresh is a privately-held leading provider of interactive digital television
solutions to the Spanish market. Established in 2000 by the current management
team, its principal activity is the production and development of technology
and solutions for digital television. Fresh offers a broad range of interactive
digital television solutions to some of the leading international media groups
including Digital+, Euskaltel and Jazztel in Spain, BSkyB, ITV and Music Choice
in the United Kingdom and Disney Television International, Universal Studios
Network and Warner Bros.
Fresh has 28 employees, the majority of whom are engaged in the development of
technology and the products offered. Sales and marketing activities are
conducted primarily in Spain, UK, Italy and South America.
Fresh technology is widely deployed in digital TV set top boxes in the Spanish
market and enables digital TV providers to offer interactive services to
broadcasters and viewers on their services. The Fresh portfolio is
complementary to YooMedia products and offerings, but is also designed to
operate on several digital TV platform technologies as used in territories
other than the UK.
Fresh has five principal product offerings:
* startv provides basic levels of interactive functionality such as
electronic programming guide, operator information portals, system
configuration, news and other information services.
* entertv is based on the creation of interactive tools for the enrichment of
the viewing experience through additional content and participatory
services such as voting, contests and loyalty services. entertv allows an
operator to generate their own services, personalising the content and
enabling access to the services through different devices such as mobile
telephones.
* grouptv is aimed at offering a community environment for the television
user through instant messaging, SMS/MMS, forums, email and chat services.
The community would be based around a programme, event or channel to
engender viewer loyalty, enrich the viewing experience and provide revenue
opportunities.
* challengetv provides the ability to offer interactive gaming and betting
services and integrate different media such as television, internet and
mobile telephone and thereby maximising revenue generating opportunities.
* managetv provides a powerful tool to capture information on registered
users through unique identity and thereby offer content that meets the
users' interests, likes and needs and provide a more personalised service
to that user.
For the year ended 31 December 2006, Fresh had revenues of 2.0 million and
profit on ordinary activities before taxation of 96,000. For the 9 months to
30 September 2007, Fresh had turnover of (unaudited) 1.4 million and profit on
ordinary activities before taxation of 50,000. As at 30 September 2007 Fresh
had net assets of 0.7 million.
THE Placing
The Company is further proposing to raise 7.6 million (net of expenses)
through the placing of 7,845,284 new ordinary shares at 1.0962 per share
("Placing Shares"). This, together with the Baring investment in Fresh, will
result in available cash, after expenses, for the enlarged Group of 11.8
million. The Directors have examined a number of suitable fund-raising
opportunities for the Company and believe that the Placing is the most suitable
opportunity available to the Company and that it is in the best interests of
Shareholders as a whole.
The Placing Shares proposed to be placed pursuant to the Placing will represent
39.82 per cent. of the enlarged share capital of the Company on completion of
the Proposals. On completion of the Proposals, at the placing price per New
Ordinary Share, the Company will have a market capitalisation of approximately
21.6 million. The Placing Shares will rank pari passu with the New Ordinary
Shares including the right to all dividends and other distributions declared,
paid or made after the date of issue.
The Directors intend to use the net proceeds of the Placing for working capital
purposes for the enlarged Group.
Proposed settlement agreements
On 10 May 2006, the Company entered into convertible loan agreements with
Highbridge and Platinum. At the date of this document, the Company owes
Highbridge and Platinum the sums of 2.87 million and 2.34 million
respectively and it has been conditionally agreed to settle these sums in full
through the allotment and issue of 2,620,944 New Ordinary Shares and 2,133,119
New Ordinary Shares respectively at 1.0962 per share.
Proposed directors' fees capitalisation
Certain Directors have agreed to defer amounts of salary and fees due to them.
They have now agreed to waive certain amounts and accept part of outstanding
net salaries and fees through the proposed issue of New Ordinary Shares at a
price of 1.0962 per New Ordinary Share. It is proposed that this should be
done as part of the Proposals, as detailed below:
Director Outstanding Sum () No. of New Ordinary
Shares
Dr Michael Sinclair 250,000 228,061
Neil MacDonald 22,500 20,525
John Swingewood 50,000 45,612
Jeremy Fenn 15,000 13,684
Under AIM Rule 13 the proposed Directors' Fee Capitalisation in relation to Dr
Michael Sinclair, Chairman, is a related-party transaction. The Directors, save
for Dr Michael Sinclair consider, having consulted with Seymour Pierce Limited,
that the terms of the transaction are fair and reasonable in so far as
Shareholders are concerned.
TRADING UPDATE
The Board is also intending to sell the entire issued share capital of its
subsidiary, YooMedia Dating Group Limited, for 250,000 to be satisfied in
cash. YooMedia Dating Group Limited, which trades under the brand name
Dateline, operates an online and offline dating business, is currently loss
making and has seven employees.
Earlier this year another YooMedia dating subsidiary, trading under the brand
"Avenues", was committed to receivership. The disposal of Dateline will mark
the final stage in YooMedia's exit from the dating sector and the further
progression in management's policy of restructuring and repositioning the
Group's operations for future growth.
The interim results for the six months to 30 June 2007, announced on 28
September 2007, highlighted that the results reflected a period of
restructuring and repositioning across the YooMedia business. Significant
improvements in operating margins and reduction of losses have been achieved
during a period of rapid market changes. The Board also noted that in July it
had granted an option to Kasei to acquire the Company's subsidiary, The Gaming
Channel Ltd, for a consideration of 5.25 million. On 19 September 2007 the
Company announced that the option had been extended to allow for a continuation
in its negotiations with Kasei, which might, if concluded, result in Kasei
becoming involved in the Group as a whole. With these discussions underway, the
Directors believed that YooMedia would have access to sufficient resources to
support the growth of the business. On completion of the Proposals it has been
agreed that this option will terminate. Trading since the announcement of the
interim results has not improved to the level of revenue and gross profit
required to achieve positive earnings before tax, depreciation and amortisation
before the year end. Reduced levels of demand in the interactive broadcast
sector have continued into the second half of the year, and whilst new product
revenue streams show encouraging signs, they are not yet cash generative.
The Directors have explored a number of other financing options in order to
provide working capital to satisfy outstanding creditors and provide sufficient
working capital for YooMedia going forward. Following this, the Directors
believe that the Proposals offer the best solution to the Group's current
working capital requirements as well as providing a stronger platform for
growth of the Group following completion of the Proposals. However, the
Directors believe that if Shareholders do not support the Proposals, the
Company may not have sufficient working capital to meet its creditors'
obligations as they fall due. Furthermore, recourse to alternative sources of
finance may not be possible in the time available.
Proposed Change of Directors
The Board has agreed that JosLuis Vquez, currently Chief Executive Officer
of Fresh, and Rafael Mart Sanz, a director of Kasei, will be appointed to the
board of the Company on completion of the Proposals. It is intended that JosLuis Vquez will become Chief Executive Officer of the enlarged Group. John
Swingewood and Jeremy Fenn will step down from the Board on completion of the
Proposals.
THE TAKEOVER CODE
Under Rule 9 of the Takeover Code, any person who acquires an interest in
shares (as defined in the Takeover Code) which, taken together with any
interest in shares already held by him or any interest in shares held or
acquired by persons acting in concert with him, carry 30 per cent. or more of
the voting rights of a company which is subject to the Takeover Code, is
normally required to make a general offer to all the remaining shareholders to
acquire their shares. Similarly, when any person, or persons acting in concert,
are already interested in shares which in aggregate carry not less than 30 per
cent. but who do not hold more than 50 per cent. of the voting rights of such a
company a general offer will normally be required if any further interest in
voting shares is acquired.
An offer under Rule 9 must be in cash and at the highest price paid for any
interest in shares by that person or any person acting in concert with it
within the 12 months prior to the announcement of the offer.
As part of the Proposals, Kasei will both subscribe for up to 7,799,672 New
Ordinary Shares in the Placing and receive 684,189 New Ordinary Shares as part
of the Acquisition following the exercise of its option to acquire shares in
Fresh as mentioned above. In aggregate, on completion of the Proposals, Kasei
would therefore have an interest in up to 43.06% of the enlarged issued
ordinary share capital of the Company.
Therefore the Proposals will be conditional, inter alia, on Shareholders
passing, on a poll at the EGM to be convened, a waiver of the requirement under
Rule 9 of the Takeover Code for Kasei to make an offer for the entire issued
share capital of YooMedia. The circular convening the EGM will itself be
subject to approval by the Takeover Panel.
The YooMedia board intends to despatch the circular to Shareholders and to
convene the EGM to seek approval of the above Proposals from its Shareholders
at the earliest opportunity.
6th December 2007
Enquiries:
YooMedia PLC +44 (0) 207 462 0870
Neil MacDonald, CEO
Nexus Financial Ltd +44 (0) 207 451 7068
Nicholas Nelson/John Mundy
Nicholas.nelson@nexusgroup.co.uk
Seymour Pierce Limited +44 (0) 207 107 8000
Mark Percy
Dil
- 06 Dec 2007 22:45
- 91 of 135
This is the errrr dodgy bit I don't understand , can anyone enlighten me ?
"CAPITAL REORGANISATION
The transactions will involve a reorganisation of the Company's capital
structure. It is proposed that each issued and unissued ordinary share of 1p be
subdivided into one ordinary share of 0.1p and nine A deferred shares of 0.1p
each. Every 1,000 subdivided shares will then be consolidated into one new
ordinary share of 1 ("New Ordinary Share"). All share warrants and options
which have been issued by the Company will be consolidated on the same basis.
The rights attaching to the New Ordinary Shares will be identical in all
respects to those of the current ordinary shares of 1p each. The new A deferred
shares of 0.1p each will not be consolidated and will have very limited rights.
Following the consolidation there will only be approximately 912,242 New
Ordinary Shares in issue (although this number could vary due to fractional
entitlements which may arise as a result of the capital reorganisation and the
share consolidation). It is proposed that the authorised share capital of the
Company be increased to 30,000,000."
ptholden
- 06 Dec 2007 22:51
- 92 of 135
Looks to me like the current shareholders are stuffed and the rest of us get an opportunity to short from 1 :)
trader6
- 06 Dec 2007 23:14
- 93 of 135
The dogs are coming back with a bang !
Bgt Bright Things have done something similar and their price collasped as well.
queen1
- 07 Dec 2007 00:14
- 94 of 135
maestro - post 88: "lieing jew boys......"
Firstly you can't spell but more importantly, where the hell do you think that anti-semitism comes into the equation on this or any other MoneyAM discussion?
Dil
- 07 Dec 2007 09:25
- 95 of 135
Well said Queenie ... sod off back to advfn maestro you useless tw*t.
Share price has already collapsed these won't come back much above 25p after the consolidation pt imo.
If I were holding I would take whats on offer now with the useless gits track record.
Treblewide
- 07 Dec 2007 11:17
- 96 of 135
another great call by the world's worst investor..take a bow maestro
moneyplus
- 07 Dec 2007 15:35
- 97 of 135
Dil--apologies for doubting you---you were right all along!! ah well you win some you lose some--yuk!!
maestro
- 07 Dec 2007 17:59
- 98 of 135
queenie....wise up...the whole friggin city is run by 'em...from crooked brokers to crooked hedgefunds
Dil
- 08 Dec 2007 01:46
- 99 of 135
too true money but as long as we win more than we lose (in monetary terms) ... we win
maestro ... your a twat , a cyber space twat ..... wanna come meet some genuine people sometime and it'll be my pleasure to arrange it ..... and to then buy you a drink and then beat the sh*t out of you on behalf of the human race
Regards
capetown
- 08 Dec 2007 13:52
- 100 of 135
Dil,
Thats two you have called right,remember EVS?,i will NEVER forget it!!.
Guess yoo is next.
mcgrath1958
- 08 Dec 2007 14:08
- 101 of 135
Must agree , Dil has been saying this for some time!
Dil
- 31 Dec 2007 10:06
- 102 of 135
Now you can get 5 for a penny or sell 10 for a penny.
These are going to get battered again after the consolidation.
hangon
- 15 Jan 2008 16:08
- 103 of 135
I guess you can't argue with a 50% rise today! But the RNS is only talking about one car-park deal and what I find difficult to understand is why YOO thinks it is the No1 supplier of such software AND this is their first deal with the UK's No1 Car-park operator. ( Yes I know the RNS is about Brighton's Parking-fines )
I must be missing something.
I'll wait and see, but I don't see one RNS will fix this baby.
-Look at the graph!
Dil
- 15 Jan 2008 17:42
- 104 of 135
50% rise my arse ... you can sell at 0.10p but have never been able to buy at less than that price so anyone holding has still made 'uck all and with a 100% spread only a mug would be buying.
Darradev
- 15 Jan 2008 19:27
- 105 of 135
You tell 'em Dil.
I will only be happy when I see 1p+ on the screens (and that's not with consolidations and all that jazz).
Think I might have a long wait !
ianwest
- 16 Jan 2008 16:28
- 106 of 135
YOO is dead. game very nearly over. the only people who have made anything out of this stock are the fraudulent, criminal management, who have raised c80m in funds in the past 4 years or so to end up with a company with a market cap of about 1.5m...
hangon
- 16 Jan 2008 17:33
- 107 of 135
The spread is the MM's way of making a profit - but it also signals to us that all is not well and to Steer-Clear!
When the Market has made its mind up and the spread is down to ( below) 20% - that will signal that an orderly market exists.
Management is probably in need of a complete change, kick 'em out - the evidence of underperformance is overwhelming!
It started with a darn silly name!
(That is enough to warn me off.)
ianwest
- 17 Jan 2008 00:23
- 108 of 135
"the evidence of underperformance is overwhelming"
not to mention negligent/fraudulent mis-statement and rank incompetence...
Scripophilist
- 17 Jan 2008 09:40
- 109 of 135
Can't believe people have wasted so much time on this company.
ianwest
- 17 Jan 2008 09:59
- 110 of 135
and money! don't forget the money...
YOO has been a mechanism to transfer wealth from shareholders to company mgmt (and especially Sinclair). we've all been ripped off blind, and we know by who...
hangon
- 08 Feb 2008 16:37
- 111 of 135
What a mess!
DYOR . . . . . . . . . . . Consolidation 100:1 ( check, difficult to fathom).
Typically you can buy this stock, five a penny, and these used to be 55p each in 03/04, so that's a member of the 99%-club = nasty.
Seems they can't make a Go of it on their home turf, so they are going into Europe ( Eh?), with More fundraising , dilution of shareholders as I read it with one party owning 49% of the new company . . .to be renamed Mirada
(should be Money-raider, eh?)
What a mess; for anyone suckered into this pup.
Let's hope the Board is cut down soon, "never to work again", for this level of incompetance is surely not needed on Small Cap markets.
Grief.
((I guess anyone daft enough to invest "soon" will be looking at a sp of abt. ten pence, reflectinig the low-% of free shares, but I could be wrong.))
maggiebt4
- 08 Feb 2008 17:33
- 112 of 135
Totally agree with your sentiments Hangon, but it's actually even worse than you said as consolidation is 1000:1 unless TDW have got it wrong - takes my small holding into the Tens & units & only just at that!!!!!!!!!!!!!!!!!!!!!!!! would cost me to sell! - well and truely suckered!
Dil
- 17 Feb 2008 01:14
- 113 of 135
Oi maestro ... still watching but learned 'uck all ... have you ???
drrnrp
- 21 Feb 2008 11:33
- 114 of 135
bought this at 3p about 2 year ago sold at 10p and tthe other half at 6 made 1,000 in months,personally wouldnt touch them again is the spread not to much?
moneyplus
- 21 Feb 2008 11:36
- 115 of 135
I think you've got the wrong share---I've held these for years of miserable performance with the sp on the floor!!
drrnrp
- 21 Feb 2008 13:00
- 116 of 135
yoomedia ,check the graph over last 3 year
2517GEORGE
- 26 Feb 2008 08:46
- 117 of 135
Wonder how long it will take the mis-management to turn this into a penny share. My guess is by september.
2517
Dil
- 26 Feb 2008 11:06
- 118 of 135
Yep ... it'll get stuffed back down to where it came from in my opinion.
Dil
- 27 Feb 2008 15:44
- 119 of 135
Epic now MIRA and name changed to Mirada Plc
capetown
- 27 Feb 2008 18:51
- 120 of 135
DIL,shall we buy some????,only joking!
Dil
- 28 Feb 2008 13:14
- 121 of 135
Should have bought some last month ... cheaper to paper the lounge in certificates than wallpaper :-)
capetown
- 29 Feb 2008 10:49
- 122 of 135
Dil,did you go bust or change their name?
capetown
- 29 Feb 2008 10:49
- 123 of 135
Dil,sorry you as in YOO
Dil
- 29 Feb 2008 12:58
- 124 of 135
Shafted the shareholders in a refinancing deal and changed named.
New epic MIRA if you want to short it :-)
capetown
- 29 Feb 2008 14:17
- 125 of 135
I want to follow it out of curiosity. cheers
capetown
- 29 Feb 2008 16:53
- 126 of 135
DIL,
Is it worth a punt shorting this as usually consolidtions fall,and yoo should be no exception given thier record?
2517GEORGE
- 29 Feb 2008 17:20
- 127 of 135
It's a dead cert imo.
2517
Dil
- 01 Mar 2008 12:42
- 128 of 135
I am.
capetown
- 09 Mar 2008 18:20
- 129 of 135
DIL,
You were spot on,how low do you think this will go?,
Dil
- 10 Mar 2008 10:29
- 130 of 135
As it stands I can't see how they will ever make any money so the floors the limit.
capetown
- 10 Mar 2008 10:56
- 131 of 135
DIL
I have never shorted a stock before,
I am very tempted to try this.
Dil
- 10 Mar 2008 12:33
- 132 of 135
If you do then use a stop loss otherwise losses are unlimited.
Dil
- 12 Mar 2008 15:14
- 133 of 135
Another great maestro thread.
Timberrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
oblomov
- 12 Mar 2008 15:24
- 134 of 135
Yoomedia is no more!
I opened up a Mirada PLC thread.
Dil
- 12 Mar 2008 18:17
- 135 of 135
Cheers oblomov see you there ... hope its a shorting thread.
Thread closed new epic MIRA.