driver
- 08 Jan 2007 13:33









http://www.responzetvplc.com/main.php
Responze TV New Shopping Web Site.
http://www.tvgoods.com/index.php
ResponzeTV International Web Site
http://international.responzetv.com/index.html
Famous Discoveries Web Site
http://www.famousdiscoveries.com/
Responze TV is the old Pacific Media PLC
The Company has two divisions, the core division being its International Business and the second being its Retail Business.
The International Business
The International Business sources wholesale products for sale to TV direct response ('DRTV') and TV home shopping operators, with a focus on customers in Europe, the USA and North Asia. The division works closely with customers and suppliers to ascertain optimum product features, design, pricing and unique selling points, which can vary between different markets. It also works closely with its customers and suppliers regarding on-going changes to products which have already been launched and the bundling of different items to optimize perceived value and overall value for money for the consumer and to encourage spontaneous buying.
Acquisition 11/01/2007
ResponzeTV PLC (the `Company'), which was admitted to trading on AIM on 29 December 2006, announces that it has acquired the entire issued and outstanding share capital of Reliant International Media LLC (`Reliant'), a Florida, USA based TV home shopping company
Reliant is an existing customer of the Company's international supply business and the two businesses have worked together on a number of joint projects during 2006. The directors of the Company believe the Acquisition will complement the existing international supply business of the Company, which sources wholesale products for sale to TV direct response (`DRTV') and TV home shopping operators, with a focus on customers in Europe, the USA and North Asia. In turn, it is expected that the Reliant business will benefit from the Company's key strengths in sourcing home shopping products in China and its connections with home shopping product manufacturers in China, for the sale of home shopping products in the USA.
Kevin Harrington Chief Executive Officer of the ResponzeTV group of companies Tim Harrington has been appointed Chief Operating Officer.
Immediately following Admission: To AIM
Shareholder
MediaXposure Limited (Cayman) 92.02%


Could this be the next QXL? My new average on this share is 118p
There is not many shares out there for us, so any hint of profit or Profit will send this north.
........Acquisitions
........Jan 2007, Reliant International Media LLC ('Reliant')
A New Acquisition of Famous Discoveries Web Site In The Header
24/04/2007 Launch of 'Showcase TV' a New 24 Hour UK Home Shopping Channel
http://moneyam.uk-wire.com/cgi-bin/articles/200704241057324060V.html
New channel now launched on 28 May 2007 on channel 632, Sky Digital
22 October 2007 Acquisition of KHL Holdings, Inc.,
http://moneyam.uk-wire.com/cgi-bin/articles/200710220700500896G.html
maestro
- 08 Jan 2007 17:55
- 8 of 111
i bought some at 16.9p...hoping for a similar QXL recovery story...can't see why this shouldn't be a 50m market cap compaNY in 3 years...nice 50 bagger
maestro
- 08 Jan 2007 17:57
- 9 of 111
website still down unless its only viewable in china
driver
- 08 Jan 2007 22:12
- 10 of 111
maestro
The new Web Site is up it's in the header.
http://www.responzetvplc.com/main.php
maestro
- 08 Jan 2007 22:23
- 11 of 111
driver...no i mean the one advertising the products
maestro
- 09 Jan 2007 16:30
- 16 of 111
driver..it says website: This is responzetv.com web site which is currently under upgrade. Please visit later.
maestro
- 11 Jan 2007 15:20
- 20 of 111
at last abit of action...
LONDON (AFX) - ResponzeTV PLC, the TV home shopping company which was admitted to AIM in late December 2006, announced that it has acquired Reliant International Media LLC, a US TV home shopping company for up to 7.13 mln stg in ResponzeTV shares.
The acquisition involves the issue of a total maximum of 44,576,349 new shares of 16 pence each in ResponzeTV, representing 45 pct of the issued share capital of the company as enlarged by the issue.
Completion of the acquisition took place today, Responze said, when the company issued 13,620,551 shares, representing 20 pct of the share capital of the company.
Responze will issue a further 4,540,184 shares to the sellers by Aug 31, representing a further 5 pct of the share capital and the balance of 26,415,614 shares will be by way of earn-out and is dependant on the financial performance of Reliant for the financial years ending Dec 31 2007 and 2008.
The sellers of Reliant are Kevin Harrington and Tim Harrington, who will each remain with Reliant after the acquisition, and have also agreed to join the board of ResponzeTV. Harrington has been appointed chief executive officer of the ResponzeTV group of companies and Harrington has been appointed chief operating officer.
newsdesk@afxnews.com
maestro
- 11 Jan 2007 15:22
- 21 of 111
please no del boy trotter jokes..thank you
maestro
- 11 Jan 2007 15:24
- 22 of 111
looks a good site!
http://www.tvgoods.com/about.php
hewittalan6
- 11 Jan 2007 18:12
- 25 of 111
Well at least we can stop trying to guess what they are up to.
BIZPACK
- 11 Jan 2007 19:33
- 26 of 111
This deal has even less than the famous three wheels that Del Boys Van had, and it may suffer the same fate as the Robins maker has.
Three Wheels on my Wagon and I`m still rollin a long.....
hewittalan6
- 12 Jan 2007 12:19
- 27 of 111
Up 17% this am.
This time next year Rodders.................
maestro
- 12 Jan 2007 12:20
- 28 of 111
lovely jubbly!!!!!!!!!!!
biffa18
- 12 Jan 2007 12:33
- 29 of 111
prob is most of you need about 5 quid to get orig dosh back .now they have shafted all those that hung on !!
biffa18
- 12 Jan 2007 12:39
- 30 of 111
http://www.tvgoods.com/index.php .................... looks like a del boy web site a bit low key .the items look a bit del boy as well , should have a pic of rodney on there with his market stall !
maestro
- 12 Jan 2007 14:12
- 31 of 111
biffa...haven't you got a few bins to empty?
hewittalan6
- 12 Jan 2007 15:19
- 33 of 111
Oh yes
biffa18
- 12 Jan 2007 17:28
- 34 of 111
yep prob will have, full of rubbish from that site !! maybe buy some biffa shares !!
driver
- 15 Jan 2007 15:02
- 38 of 111
From the other side courtesy of dubois
Just a little bit if background on th etwo Harrington brothers in case anyone is in doubt about wether they can produce profits or not
Welcome to Reliant International, an Electronic Retailing leader of truly unique 'As Seen On TV' products along with many other innovative items. TVgoods.com is owned and operated by Reliant International Media, LLC, and backed by a management team with over 20 years in Direct Response Marketing and well over $3 Billion in sales. TVgoods.com searches the world over to bring you a wide range of other fine products to serve your every need. We are devoted to deliver to our customers the highest standard of customer service that is possible at all times. We are always working to make your online shopping the most enjoyable, safe, reliable and hassle free experience on the web.
Successful product launches by Reliant's management team include:
The Foodsaver, V-Slicer, The Great Wok of China, Wolfman Jack's Solid Gold Rock'n Roll Hits (the first ever music infomercial), The Jetstream Oven, The Daily Mixer, Ginsu/The Blade Knives, Flowbee, Kevin Trudeau's Mega Memory, Rolling Stones Album Art, The Flying Lure (the industry's first fishing lure show), Bruce Jenner's Stair Climber, Bruce Jenner's Super Step, Bruce Jenner's Powerwalk, Blue Coral's Autofom, Davis Love's Medicus Golf Club, Kathy Smiths Glider, Greer Childers Body Flex, Regal Royal Diamond Cookware, John Parkin's Color Coat Car Wax, Jack Lalane's Juice Tiger, Tony Little's Target Training, Tony Littles Ab Isolator, Trash or Treasure, As Seen On TV PC.Com, Wonder Steamer, Flavorwave Infrared Oven, Thunderstick Mixer, Tony Brattins Tan Perfect, and Neal Balters California Closet in a Box. Sobakawa Magnetic Insoles, Pest Offense, the "IBM, Dell & Gateway Computer Showcase", Q-Grill, Klear Action Tooth Whitening System, True Sleeper Mattress Topper, Scunci Steamer, Riddex Pest Control, Rock Bottom Slots, Harry Loraynes Memory Power, and the Dual Drill.
The Management of Reliant Intenational Media, LLC
Kevin Harrington
Chairman and CEO Tim Harrington
President
Reliant International Media, LLC is owned by infomercial industry pioneers Tim and Kevin Harrington. In fact, Kevin Harrington produced his first infomercial in 1984, considered to be the "first ever infomercial". The Harringtons have produced over 500 infomercials over the last twenty years with sales of over $3 Billion. More than 20 of their infomercials have grossed over $100 Million each. Harringtons first company, Quantum International started with a three person staff and turned $25,000 investment into sales of over $140 Million in the companys first 18 months.
One of Quantums significant achievements was the pioneering of distributing infomercials around the world. In the late 80s and early 90s the Harringtons started the expansion of Direct Response Marketing into more than 80 foreign markets by opening offices in Europe (London), Latin America (San Paulo), Saudi Arabia (Jeddah) and Asia (Tokyo).
In 1991, Quantum merged with National Media. As a result of this transaction, Kevin remained president with Tim as Executive Vice President and presided over the launch of another string of blockbuster shows. They built National Media into a $500,000,000 a year company taking the stock from $1.50 to over $20.
In 1994, the Harringtons left National Media to form a joint venture company with The Home Shopping Network, called HSN Direct International. The aim of the joint venture was to develop an infomercial company that could take products that had performed successfully on HSN and roll them out into traditional infomercial formats for broadcast around the world. HSN Direct achieved first year sales of over $100 Million. Upon Barry Dillers purchase of HSN the Harringtons were bought out and formed their present company, Reliant International.
The year end December 31, 2000 was Reliant's first full operating year, and sales for this year topped $100 million, a significant milestone for a new company, the second year sales grew to $167 million. In the third year, Reliant entered a joint venture with Thane International, another successful DRTV company. Finally, in 2004, the joint venture completed, and Reliant is now focusing on growing the business through television and eCommerce initiatives.
Kevin is also proud of his association with the Electronic Retailing Association (ERA) and the Young Entrepreneurs Association (YEO), both of which he co-founded
The company having purchase Reliant International Media have probably turned themselves into a nicley profitable company overnight.
Part of the agreement is based upon certain minimum profits being made. These are that they make 4,500,000 in this year ending December 07 and at least 4,500,000 in year ending December 08. Should that happen the P/E will be 2.28. Assuming an average sector p/e of 20 that puts the share price at 1.46
G D Potts
- 15 Jan 2007 15:32
- 40 of 111
Driver how is your average 118 when the S.P. is only 28?
maestro
- 15 Jan 2007 16:06
- 41 of 111
my average price is about 80p
hewittalan6
- 16 Jan 2007 08:45
- 43 of 111
Go Go RETV. Only another 4 weeks rising like the last one and I'll break even!!!
Alan
G D Potts
- 16 Jan 2007 11:15
- 46 of 111
Explanations?
G D Potts
- 16 Jan 2007 11:15
- 47 of 111
I had a good ride hopping on the momentum of Smart, might try this one.
hlyeo98
- 16 Jan 2007 11:21
- 48 of 111
What is causing RETV to go up? Is it one of those shares that boom and bust? I hope not
maestro
- 16 Jan 2007 11:32
- 49 of 111
150% up in 2 weeks!
hlyeo98
- 16 Jan 2007 14:09
- 52 of 111
Thanks driver for the explanation.
G D Potts
- 16 Jan 2007 14:10
- 53 of 111
in for 44p - like the sound of the 100 prediction driver.
BIZPACK
- 16 Jan 2007 20:08
- 55 of 111
Big rise today, are they worth holding onto?
driver
- 22 Jan 2007 11:33
- 58 of 111
maestro
- 22 Jan 2007 17:14
- 59 of 111
well i sold out at 45p...keep an eye on Bella for another 200%er
hewittalan6
- 30 Jan 2007 11:52
- 60 of 111
Whats occuring today???
hewittalan6
- 30 Jan 2007 16:39
- 62 of 111
I can believe that. Its the story of my life, mate, it takes no leap of imagaination!!!
driver
- 21 Feb 2007 22:40
- 64 of 111
From RETV Web Site
RELIANT INTERNATIONAL MEDIA, LLC
Celebrity Chef Robert Irvine Exclusive Global Agreement
for Cookware and Kitchen Products
International direct marketing and t-commerce leader, Reliant International Media, LLC (a subsidiary of London AIM-listed ResponzeTV PLC) announces the signing of an exclusive global TV home shopping agreement with the internationally renowned Chef Robert Irvine.
Chef Robert Irvine will be working with Reliant to develop innovative kitchen and household products, which Reliant will globally market through multiple channels, including e-commerce, direct marketing and live TV shopping.
Chef Robert Irvine is a culinary artist and celebrity chef who, for ten years, served as chef to the Royal Family of England. He has traveled the world preparing exceptional cusine for royalty, several US presidents, various heads of state and celebrities in both sports and entertainment.
Chef Robert serves on many judging panels and culinary committees throughout the world and has received numerous professional honors. He was Director of Culinary Operations/Executive Chef at the Trump Taj Mahal and Caesars Atlantic City and was Head Chef of a team of superstar chefs at the 2005 Academy Awards dinner for the Children Uniting Nations charity event, hosted by Paula Abdul and Wyclef Jean.
He is currently starring in a brand new Food Network TV series, Dinner: Impossible, which launched in January 2007 to rave reviews.
Chef Robert Irvine already appears in Reliants Mustang Mixer infomercial, which is currently airing on broadcast stations and national cable outlets across the US. His Royal Titanium Cookware signature series infomercial for Reliant is currently in its pre-production stage, with the high-end long-form program scheduled for shooting in early February and product launch planned during March 2007.
Royal Titanium Cookware is a revolutionary new kitchen cookware set that combines the beauty of porcelain with the durability of a newly-developed titanium non-stick surface. Cold forged metals create a seamless, heavy duty cooking utensil that is both light and ergonomic, but has the strength of titanium, one of the worlds toughest metals. The jewel in the crown of the Royal Titanium Cookware line of cookware is the Possible Pan..the pan that makes an impossible meal. possible.
Reliant is planning to market a number of Chef Robert Irvine branded products, including the Mustang Mixer and the Royal Titanium Cookware line, to US and UK live TV shopping channels from April 2007. Wider international appearances of the products are planned for Q2 2007 and beyond.
The Chef Robert Irvine Signature Series of cookware and kitchen products is one of many program lines Reliant intends to launch as part of its t-commerce model for global marketing and distribution of unique and sought after products.
Darradev
- 06 Mar 2007 13:27
- 66 of 111
Driver, it's been painfully quiet since the beginning of Feb. It would be nice to see some 'positive action' again.
Darradev
- 06 Mar 2007 19:18
- 69 of 111
Cheers for that Driver. My impatience must be showing. :)
buttsy007
- 19 Mar 2007 10:45
- 71 of 111
driver....what is the short term and long term SP on this one.
Need some info to help me decide on RETV.
moneyplus
- 19 Mar 2007 16:28
- 73 of 111
I've got 22 stuck in an isa he can have -lol!
m0dulus
- 21 Mar 2007 12:44
- 75 of 111
SP of 98 would very nice indeed.
driver
- 02 Apr 2007 15:07
- 76 of 111
Another acquisition, RETV are not standing still any more they seem to be moving forward at a fast pace with more to come "The Company will continue to look at appropriate further opportunities". Also the mention of profit all looks good to me.
Acquisition of Famous Discoveries
http://moneyam.uk-wire.com/cgi-bin/articles/20070402073203W2039.html
http://www.famousdiscoveries.com/
hewittalan6
- 02 Apr 2007 15:34
- 77 of 111
I'm hanging in there with you, Driver old bean.
Nice to see they are doing something after the long days of PCM sitting on their collective thumbs.
Alan
hewittalan6
- 02 Apr 2007 15:38
- 79 of 111
Just had a squint, driver.
Cheap and nasty tack that doesn't work, so it should sell well!!!
I have good feelings on this now.
Alan
hewittalan6
- 03 Apr 2007 09:02
- 80 of 111
And the results weren't too bad either.
Looks like they have steadied the ship nicely and given themselves a good chance to go on to profitability. Reading it, I think the interims will show them in profit, or breakeven at worst.
Nice turnaround from the PCM days
driver
- 11 Apr 2007 10:28
- 82 of 111
driver
- 11 Apr 2007 12:37
- 83 of 111
Good find courtesy of dubois
Through the acquisition of EXI, ResponzeTV has added a business called Famous Discoveries to its portfolio. The firm sells products on TV home shopping channels in the US, including The Home Shopping Network, and in Germany, Japan and the
UK on QVC.
http://www.c21media.net/news/detail.asp?article=35138&area=1
driver
- 24 Apr 2007 11:20
- 84 of 111
This looks good 24/04/2007
Launch of 'Showcase TV' a New 24 Hour UK Home Shopping Channel
ResponzeTV PLC announces that its US subsidiary, Reliant International Media LLC
('Reliant'), has entered into a joint venture with JML Direct Limited ('JML)
for the launch of a new 24 hour UK home shopping channel, to be called
'Showcase TV'. The new channel is to be broadcast on channel 632, which is in
prime position, near the top of the shopping genre on the Sky Digital Platform
in the UK, and is being designed to provide UK consumers with the opportunity to
buy US and international home shopping products.
I like this bit.
The channel is expected to have an early
positive impact on the results of the ResponzeTV group.'
http://moneyam.uk-wire.com/cgi-bin/articles/200704241057324060V.html
driver
- 24 Apr 2007 11:30
- 85 of 111
moneyman
- 30 May 2007 09:53
- 91 of 111
RNS Number:4093X
ResponzeTV PLC
30 May 2007
30 May 2007
ResponzeTV PLC (the "Company")
AGM Statement
The Company is holding its AGM later today. Executive Chairman, Steven Goodman,
will make the following statement:
"Since my previous address to shareholders at the AGM held in July 2006, the
Company has been through a number of major changes. These included a major
refocusing of its business, a capital reorganization, a move to AIM and a major
debt conversion. All of that was designed to stabilize the Company and put it
into a position from which it could grow, including by way of acquisition. That
difficult process was completed by the end of 2006 and the Company was able to
start 2007 in a position to begin implementing its growth strategy. As a result,
in the first four months of 2007, the Company was able to complete two major US
acquisitions and create a joint venture to launch a new 24 hour infomercial
channel in the UK.
Since its acquisition by the Company in January 2007, Reliant International
Media LLC ('Reliant') has been focusing on completing the development of new
products and projects for launch in 2007. It has launched in North America a
number of products, such as the Pressa Bella Steam Iron, the Mirabella Steam
Mop, Allure Smile and a number of branded items such as the Tony Little Rock N'
Roll Stepper, Chef Robert Irvine's kitchen and household products and the
Professor Amos line of cleaning products. Early signs suggest that these will be
successful products which will generate significant revenues. More product
launches are in the pipeline and Reliant aims to have a continuing pipeline of
products at different stages of development.
Famous Discoveries was acquired in March 2007 and its business has now been
successfully integrated into Reliant. It is a TV home shopping business and has,
since acquisition, been showing growth in line with the Board's expectations.
The Board anticipates seeing major revenue growth from the combined Reliant and
Famous Discoveries businesses in the second half of 2007.
In April 2007, the Group completed a joint venture to launch a new 24 hour UK
home shopping channel, now agreed to be called 'Shop Now TV'. The new
channel, which launched on 28 May 2007, is being broadcast on channel 632, which
is in prime position, near the top of the shopping genre on the Sky Digital
Platform in the UK. Its key aim is to provide UK consumers with the opportunity
to buy US and international home shopping products.
The Group's International Supply Business continues to show revenue growth
ahead of expectations. With its product sourcing strengths in China, it is
proving to be a good fit for the enlarged Reliant business in the US and the
Shop Now TV joint venture.
As announced on 22 January 2007 and 4 May 2007, the Group has borrowed US$3
million for the development of the Reliant and Famous Discoveries businesses.
The remaining borrowings of the Group which, at 31 December 2006, were US$6.75
million, are currently US$6.65 million, of which US$6.4 million is convertible
into ordinary shares of the Company.
The Board therefore continues to look to the future with confidence and expects
to see a continuation of the Group's progress throughout the rest of the year.
Further, the Board continues to look at opportunities to achieve further growth
through acquisition, in order to strengthen its position as a supplier to major
home shopping channels throughout the world.
I would again like to thank our employees for their hard work, and our
customers, suppliers, partners and our shareholders for their support over the
last year."
For further information, please contact:
ResponzeTV PLC
Steven Goodman, Executive Chairman
Tel: +852 2295 1161
Evolution Securities Limited
Bobbie Hilliam
Tel: +44 207 071 4300.
Darradev
- 30 May 2007 10:16
- 93 of 111
Morning all. Nice to see a positive statement and bright outlook. Sounds like further acquisitions are on the cards as well.
Darradev
- 30 May 2007 15:10
- 95 of 111
Have had another look at the 2006 Annual Report. One part that arouses some concern is the following (Note 24 - Post Balance Sheet events - Page 54):
... On 30 March 2007 the Company acquired the entire issued share capital of EXI International Corp comprising a Florida-based TV home shopping business which trades under the name Famous Discoveries. The Company has agreed to pay to the Vendors by 31 August 2007 the sum of US$2,500,000, which will be satisfied by the issue of 3,144,594 new ordinary shares at an issue price of 40.5p per share, representing 4.41% of the current issued share capital of the Company as enlarged by such issue. Payment of the balance of up to US$2,600,000, which will be
satisfied by new ordinary shares issued at the market price as at the dates of each such issue, will be by way of earnout and is dependant on the financial performance of the business of Famous Discoveries for the two years ending 28
February 2009 (Earn-Out Period).
Darradev
- 27 Jun 2007 09:32
- 97 of 111
Wow, didn't realise the power of the PI. Just sold my small holding this morning and the share price drops by 1%. :)
Sorry RETV but I will be back in a wee while, just got bored with the lack of movement.
Darradev
- 27 Jun 2007 15:00
- 99 of 111
Will do.
Darradev
- 23 Jul 2007 15:13
- 100 of 111
driver, hope you are watching the charts, this one is not looking 'bright'.
driver
- 04 Sep 2007 11:17
- 103 of 111
Excellent results, 1000% (11 times) sales growth
Financial Highlights:
Approx 1000% (11 times) sales growth
Approx 1900% (20 times) improvement in gross profit
Significant reduction in losses to US$360,000
Operating profit of US$34,000
H1 2007 (US$) H1 2006 (US$) Approx Change
Sales 12.72m 1.16m 1000% (11x)
increase
Gross Profit 7.58m 0.37m 1900% (20x)
increase
Loss from continuing
operations (0.36)m (4.10)m 91% reduction
For further information, please contact:
ResponzeTV PLC
Steven Goodman, Executive Chairman
Tel: + 852 2295 1161
Evolution Securities Limited
Bobbie Hilliam
Tel: +44 207 071 4300
ResponzeTV PLC
Interim Results 2007
Review of Trading
In the first half, the focus was on the integration of Reliant and Famous
Discoveries, increasing distribution capability and the development and launch
of new products. As a result, the Group now develops and sources products
through its international supply business, and has international distribution
through its fully integrated infomercial and TV home shopping businesses.
Product launches have included the 'Pressa Bella Steam Iron', the 'Mirabella
Steam Mop', 'Tru Color Sunglasses' and a number of branded items such as Chef
Robert Irvine's kitchen products and the Professor Amos and 'Stainz-R-Out' lines
of cleaning products. The Tony Little branded 'Rock n Roll Stepper', which
started testing in June 2007, has launched to particularly successful early
results and is expected to generate significant revenues in the future. More
product launches are in the pipeline and the Company aims to have a continuing
flow of products at different stages of development.
International distribution now comprises Reliant's infomercial business, Famous
Discoveries' home shopping business and supplies of products to third party home
shopping operations in key markets in North America, Europe and Asia from sales
offices in the USA, Europe, Hong Kong and Taiwan. In the UK, additional
distribution is provided through the 'Shop Now TV' infomercial joint venture
channel. The Company has also established a joint venture with a TV home
shopping channel to provide infomercial distribution for its products in Canada,
and targets to enter into similar arrangements in other markets.
The Company is targeting to become a leader in the development and sourcing of
products, the production of media and the distribution of products on leading
infomercial and TV home shopping channels in the principal home shopping markets
around the world.
Senior Management Changes
The period saw a major strengthening of the senior management team. On
completion of the acquisition of Reliant in January 2007, Kevin Harrington and
Tim Harrington joined the Board as Group Chief Executive Officer and Group Chief
Operating Officer respectively. The senior management team was further
strengthened on the acquisition of Famous Discoveries in March 2007 by the
addition to the team of Akos Jankura and Bill Barlow. They each bring
significant experience and expertise in the infomercial and TV home shopping
industry.
Results for the Period
The above mentioned changes were instrumental in producing significantly
improved results for the period.
Turnover for the period, of US$12.72 million, represented an increase of
approximately 11 times on the US$1.16m achieved in the same period last year.
Gross profit for the period was US$7.58 million, an increase of approximately 20
times on the US$370,000 achieved for the same period last year.
The loss for the period of US$360,000 represents an approximate 91% reduction on
the US$4.10m loss for the same period last year.
The Group achieved an operating profit for the period (excluding finance costs)
of US$34,000, compared to a US$2.75m loss in the same period last year.
A significant part of these improvements reflects the contributions of Reliant
and Famous Discoveries, although the period also saw continued improvement in
the International Supply business. Each of these businesses have benefited from
being brought together. The launch of the new UK Channel 'Shop Now TV' at
end-May 2007 was too late to make a meaningful impact on results in the first
half, but is expected to contribute to further sales growth in the second half
of the year.
These improvements have taken place during the initial period of integration of
the new businesses, developing the Group's distribution capability and focusing
on the development of new products and projects for launch in 2007 and beyond.
As the Company moves through this initial integration and development phase and
into a period of focusing on further sales growth, the Board expects to see
continuing improvement in results for the rest of 2007 and into 2008.
Current Trading and Prospects
The Board anticipates that trading in the second half will continue to show
further improvement.
http://moneyam.uk-wire.com/cgi-bin/articles/200709040700342369D.html
driver
- 11 Sep 2007 13:52
- 104 of 111
Placing of New Shares and Warrants
ResponzeTV to raise 4.5 mln usd in placing of 7.4 mln shares at 30p each
http://moneyam.uk-wire.com/cgi-bin/articles/200709110931076409D.html
driver
- 22 Oct 2007 10:14
- 105 of 111
ResponzeTV PLC
22 October 2007
ResponzeTV PLC ('the Company')
Acquisition of KHL Holdings, Inc.,
Subscription for New Shares by OmniReliant Corporation,
and Conversion of Loans
Steven Goodman, Executive Chairman, commented: 'The acquisition of KHL Holdings,
Inc., and the access this gives us to the highly regarded Kathy Hilton lifestyle
brand, is another important step in the continuing development of
ResponzeTV. The Company has undergone a period of significant change but this
transaction, and the further financial restructuring that accompanies it, leaves
us well positioned for future growth. The investment of US$5.1m by Omni will
fund expansion of the Kathy Hilton brand and our own products and brands, and is
a show of confidence in our brand and business model.'
http://moneyam.uk-wire.com/cgi-bin/articles/200710220700500896G.html
driver
- 30 Nov 2007 16:44
- 106 of 111
driver
- 02 Apr 2008 09:03
- 107 of 111
ResponzeTV PLC
02 April 2008
ResponzeTV PLC ('the Company')
Trading Update
ResponzeTV, an international TV home shopping and direct response TV company, is
pleased to announce a trading update ahead of the announcement of its
preliminary results for the financial year ended 31 December 2007.
http://moneyam.uk-wire.com/cgi-bin/articles/200804020700363807R.html
hewittalan6
- 02 Apr 2008 10:09
- 108 of 111
These would count as good results then................
driver
- 23 May 2008 12:25
- 111 of 111
RNS Number : 0573V
ResponzeTV PLC
22 May 2008
ResponzeTV PLC ('the Company')
Statement re: Suspension
ResponzeTV has today requested that AIM suspend trading in its securities pending clarification of its financial position.
Following a review of the financial reporting systems, certain accounting discrepancies have emerged within the Company's US operations Reliant International Media. The board are currently investigating these discrepancies however there can be no guarantee, at this stage, that the Company will be able to continue trading following clarification of its financial position.
In view of the above it is unlikely that the Company will be able to publish its audited results for the year ended 31 December 2007 by 30 June 2008 as its required under the AIM Rules. A further announcement will be made in this regard in due course.
The Board of Directors is discussing the Company's financial position with its accountants and funders.
Directorate change
Kevin Harrington, Chief Executive Officer, and Tim Harrington, Chief Operating Officer, have been suspended from the board with immediate effect.
22 May 2008
For further enquiries contact:
Steven Goodman,
Executive Chairman, ResponzeTV PLC
+61 400 83 5555
Bobbie Hilliam,
Evolution Securities Limited
Tel: +44 207 071 4300
This information is provided by RNS
The company news service from the London Stock Exchange
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