nice little cash shell

Strong rumour that Gary Ashworth (Abacus Recruitment) and Luke Johnson(Pizza Express etc) are looking at reversing Interquest - their new recruitment company into Mid-States - loose talk suggests anything up to 55p , maybe a bit far fetched but could it double?

http://www.interquestgroup.com/company/directors.htm

Up a couple of pence the last few days on these rumours

bottom line

Nice one - it's one of my holdings from quite a while ago and I've been topping up recently on the grounds that there is not much to lose and loads to gain.

A total Cash Shell with a commitment to returning cash to shareholders if they can't find a suitable company to acquire or reverse in to them. They've set themselves until the end of the year to do a deal.

Cash in the bank is worth about 14.5p so not a lot of downside if things don't come off.

I remember Gary Ashworth from his days at Abacus. He took it from about 16p to a sell off to Carlisle Holdings at about 2.50. Voted AIM Chairman of the year around about 1997/8.

I thought he was dabbling again and it would make loadsa sense for him to get back into the market through a reverse take over - crafty bugger.

Looking at the interquest site they seem to have been buying up undervalued companies - I know for a fact that they got SBS for a song - because I was holding them when Interquest bought them for a couple of million when their annual turnover was about 10-15m - nice bargain if you can get it.

Must admit, the combination of Gary Ashworth's track record in the recruitment industry and Luke Johnson's deal making are pretty awesome.

If this is the deal then I'll be a very happy bunny - 'cos they'll fly when news gets out.

It's very lightly traded so even small buys seem to be shifting the price - and the MMs are VERY short of stock - no wonder, it's been practically dormant for a couple of years.

Don't see why it should stop at 55p - what about 1.00 by Xmas. The City loves these guys.

mg

Is that a not so subtle ramp MG - hope it makes 1, because I can have my CSA money then

And then maybe I'll get the video postal order out of you, maggie.

maggie
You know me - in like Flynn - what's subtle ?

You wouldn't find me getting sucked into such an obvious ramp as this.
Heyho :)

You've got to hand it to mg though - if he can't get a pound for his share, how else will he get to Poundstretchers in time to buy maggie a Christmas pressie?

It's hopeless, you do your own research - in response to someone raising an interesting prospect and all you get is criticism.

Mark my words - you'll eat yours !!!

Indignant Super Sleuth ;)

Ok then, ISS - ramp away :)

PS See you in the coffee intervals

If I use this as a practice thread - can you give me marks, mg?

Whereabouts do you want them - visible or discreet - temporary or permanent??

Oooer..
permanent discretion may be called for here.

How about...

M S T - Mega Stocking Treats in time for Christmas!

Not bad - check out Big Dil, Al and Hilary's threads - they are masters of "the dark art".

Me, I just tell it how it is - I'm a simple kinda guy who just invests in dead certs ;)

Is that as in certifiably dead?

Huh!

Now you've got the hang of deramping you should try and turn your hand to the endless possibilities associated with ramping.

No derampers allowed on this thread - or I'll report you to Mr DellBoy - or whatever his name is.

But the gorgeous Dil only jumps on rampers - so what've you got on him then?

My Grandad was Welsh - but don't tell anyone !!

Well ... at the risk of a whipping from Dil's extra-thick lash mascara wand then..

ONE TWO THREE
WHAT'S IT GOTTA BE
M-S-T
MIDSTATES!!





D'you think it'll catch on?

Have you got your special Cheerleader's outfit on ??

Oh yessss ... you know the one. ;)

Isn't chocolate brown?

got to be a buy at this price i am back long time no see

Blimey blackday - welcome back - you've picked a good 'un to punt.

Long time indeed !!

Slipped off the front page - sheesh - what kinda ramper must you think I am - neglecting my duties ;)

Nice to see an early doors buy from a shrewd investor ;)

Should be another 20k appearing circa 1.15. MG - I have my wand at the ready........!

If the voice don't say it, the guitar will play it..

You mean it will gently weep?

What's up then MG? You sold your shares to today's buyers? LOL

Having planted the seed, I see "Bottom Line" has disappeared from view......!

(Just playing Devil's Advocate, you understand, hehe!)

When we dance ... angels will run and hide their wings ;)

Hot Gossip?

Sting?

Mmmm ... salad for lunch with a hot MuSTard dressing.

You are slipping again MG, off the first page again!!

Bones
I'm playing it cool - don't want everyone and his uncle in MY ramp camp ;)

Noted and logged, MG - noted and logged ;)

bones
Nutter and loco may well be a better description.

Just bought a few more for the SIPP using some of the money those evil bar stewards at Equitable Life had stashed under their beds - collecting dust.

Decided that the cruel reduction of transfer value would be more than compensated for by the rise we'll see in good 'ole MST - once they finally get their fingers out and tell us what happens next.

All I'm waiting for now is the opportunity to put these in the Stock Performers of 2005 thread ;)

Watch out, watch out ... the hunny MonSTer's about. ;)

Someone's been rolling over their hunny MonSTers - cheeky chappies - why don't they buy them and then they can rest easily at night ;)

Hope no-one gets caught in T+ trap because I reckon they'll suspend before coming back to the market - if the above rumour is correct of course ;)

There were ten in the bed and the little one said, "roll over, roll over" :)

Mmmm, there's nothing like a good MuScadeT to round off a choccie pud.

Watch out for another one, Ninje ;)

Oooops
Neglecting my duty - nearly slipped off the front page.

Notice that Staffline Recruitment are coming to market this Wednesday - at 80p - having raised 7.3m - maybe it's the time of the year for such stock ;)

Blue collar v White collar agency

But slightly spooky timing!

MG - spooky timing? Why, what does it coincide with? Explain laddie! ;)

Thought that might wake you up !!

My reference is to the float of a recruitment company at the same time as we are expecting to hear something about little MST. COincidence also that the amount raised is 7.3m - very close to the value which MST is - in cash terms.

Don't get so jumpy - that million shares you've acquired seruptitiously (never make it on that kids spelling show) - will still let you do a Dailos - I've got shedloads of MST - so there..... sort of thing ;)

Not quite a million; well, actually, a long way from a million (!!), but enough to be going on with in my little SIPP.....that was my 15k today btw; a wee nibble...

Didnt go in heavy with these, bought 30000 @ 16.2p for a bit of fun, might add but cant find out much at the moment despite being having a good contact in the sector.

Dailos
Welcome aboard - Dailos - MaSTer of the Dark Side.

Would be nice if they could let us know by Friday then I could either accept the accolades or just not turn up ;)

Which countries are free of extradition arrangements with MoneyAM ????

Patience

MG - looks like Mike will have to bring his large wand on Friday!

Never mind Patience then, mg - you can be Iolanthe ;)

It's hard work being a ramper - wouldn't last 5 minutes over the road - they're professionals.

Ok come on own up who bottled it and sold 10k?

Martini - the murderer is often the last person to see the body. Is that all you bought? ;)

Or it could be soMeone deSperaTe to meet this month's maintenance payments?

Nah..

bones
You Must Stop This.
With out appearing to be picky (which I am) I think you mean the last person to see the victim alive.
Regards Rev Green in the Library with the lead pipe. :)

The Rev in the library with the lead pipe? Most definitely alive but experiencing difficulty sitting down. ;)

Blimey - there's picky...and there's picky...
even live victims have bodies, wouldn't you say?

A poST Mortem will reveal all ... but not necessarily in the right order ;)

Too true Choccie Many Strange Things posted in jest.

Must Stop This ramping you lot

T'was not me, guvnor.

I will say this only once, I have never been in a library and I do not own any lead pipe. As for my clerical connections, it's the reason I know who the Son of Satan really is !!

Beware children - he is among us ........ be afraid, be very afraid.

I MuST admit, it's a MySTery ;)

C'mon own up - who's been MoSTly rolling their T's?

Presumably someone who struggles with their rolling Rs.

Not you is it SoS!!!

MG
It's a MySTery.
M

Who MaSTerminded the plot then?
I think we should be told.

PS Mg'S Theory counts me out.. ;)

Malcolm: Some other Trader, not me!

What's up with you lot - I am distracted for an afternoon and you let this thread drift onto the second page.

Can't have that on MoneyAm Xmas Dinner Day - can we ?

MoST Dissatisfied mg

Blimey, people MuST have been prolific tonight - last time I looked it was still prominent...

I can sMell the ScenT of MuSkraT in the air tonight.. ;)

As a proud owner of 30000 i thought i'd ttt this in the absence of the loony brigade.

Here's an intraday chart so you can see what you missed..

Am I being thick or has someone nicked the price line off your chart Dailos ?

Sorry to interupt this thread but would like to say:
Dil, its the former, you're being thick.
ds. :-)

alMoST slipped off again then..

And again!

What happened to the person with the Mightily Sprained Tarsus?

Well done to the Momentum Support Team - this thread nearly slipped off the front page again. Blimey, this is getting almost as difficult as the other side - only difference is that you have to check every day - instead of every 5 minutes ;)

Our day will come - I can feel it in my water!!

Nearly off the page again! Not exactly an aMSTrad!

Dominic ... get stuffed.

Too many rampers on this thread for me :-)

You really should learn to type properly, Dil.

doMinic ... get STuffed.
too many raMperS on This thread for Dil :)

Time for something More feSTive..

:)

Another 50k MG? MiSTer Large Nads!

Well it's getting to that time when we need to look forward to a Merry ChriSTmas and a MoST Prosperous New Year.

Looks very much as if we're not going to hear the story until into January - I'm sure it'll be a good 'un. After all, if nothing is going to happen then the MST Board should have been telling us about their plans to return the cash to us. I'd much prefer the deal ;))

And BTW Bones, my shed is full to overflowing - I think that might have been someone else from the BB - no doubt a very astute, probably genius, investor.

We happy band - MuST start thinking about what kind of celebration we should be organising ;))))

Best Wishes To ALL

My Sincere Thanks MG!

On the subject of MiracleS aT work.. ;)

Druids would cut MiSTletoe off oak trees in a special cereMony five dayS afTer the new Moon following the winter solSTice. The Druids believed that the MiSTletoe would become contaminated if it touched the ground, so they used a special white cloth to catch it. The Druids then sacrificed two white bulls while prayers were said, and priests gave out the MiSTletoe sprigs to the people, who believed they would then be kept safe froM evil SpiriTs and storms.

See ... a couple of bulls is all it takes, guys ;)

I've got no bulls, but if I MuST sacrifice anything this Merry chriSTmas it might as well be My Special Teddy - it doesn't fit anymore anyway.

Have a good 'un ma petite ;)

MaSTer of the Goodie Bag

MG... so are you saying that you Must Stop Trading this Much Sought after Trade
or that you Must Seize the opportunity to buy more of this Tiddler?:-)
Happy crimbo, hope Mg's Sack is full of new Thongs

Happy crimby to you as well Miss AuSTralia.

Now I really MuST get back to stuff - I've got loadsa thongs to do before santa comes ;)

Merci mon grand...et a toi tous les meMeS Trucks :)

Interesting 175k buy yesterday. Someone's picking up a few of these - ready for an announcement?

Seems to have gone very quiet. Do we go back to sleep or are the rumours still floating around ?

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

Some size being bailed at 14.5p. Patience, patience. LOL

Wakey wakey :)

Mid-States PLC
05 October 2006



NOT FOR DISTRIBUTION IN THE UNITED STATES

These materials are not an offer for sale of the securities in the United
States. The securities may not be offered or sold in the United States.


PRESS RELEASE FOR IMMEDIATE RELEASE

5 October, 2006


MID-STATES, A LEADING ENVIRONMENTAL TECHNOLOGY COMPANY, ANNOUNCES
FIRST DAY OF DEALINGS ON AIM

Mid-States PLC ('Mid-States' or 'the Company'), the London-based former
cash-shell, is pleased to announce the completion of its transforming
acquisitions of Inov8 and Moving Sun, to create a leading environmental
technology company, its Admission to trading and first dealings of shares on the
AIM Market of the London Stock Exchange ('AIM') today. Mid-States shares will
commence trading at 8am today under the ticker MST.L.


Highlights of the acquisitions


Acquisitions bring together Mid-States' corporate infrastructure and
balance sheet with Moving Sun's ground breaking air disinfection technology
and Inov8's management, engineering, purchasing, finance and systems testing
business
Focus of new Enlarged group will combine development of novel air
disinfection technology, scientifically proven to kill bacteria, viruses and
fungi in enclosed spaces with Inov8's existing business infrastructure
Significant global market potential to reduce high profile health
concerns such as MRSA, E. coli and C. diff. Markets include UK and US
hospitals, care homes and other health facilities, hotels and the US retail
market where a number of inferior, non-scientifically proven devices are
being successfully marketed. Chinese entities have expressed significant
interest in the product
Unique technology behind air disinfection device is based upon research
by David Macdonald, Chief Scientific Officer of the Enlarged Group and
Professor Derek Elwood, has been independently reported on by Professor Hugh
Pennington, world expert in virology and bacteriology and tested at Porton
Down. In his report Professor Pennington commented, 'The evidence that I
have seen indicated that the device produces a significant biocidal effect
in an enclosed space.'
Enlarged group will provide necessary structure to support volume
production of air disinfection products, as well as development of existing
Inov8 business
Strong Board and management team with proven track record supported by
leading blue chip investors



David Plucinsky, Chairman said: 'We are pleased that the acquisition has now
been successfully completed and would like to thank our shareholders for their
continued support. The move to AIM gives Mid-States the flexibility required to
achieve the substantial growth that we think this acquisition will provide. As
indicated in the circular to shareholders dated 14 August, Michael Heath joined
the Board as Managing Director and Roger McCabe stepped down from the Board as a
non-executive director on completion of the acquisition. I would like both to
welcome Mike to the Board and to express the Board's appreciation to Roger for
his services to the Company since his appointment in 1998. Mike brings a variety
of important skills to the Enlarged group, including extensive contacts in China
which are already starting to show benefits.'


Enquiries:

Mid-States PLC 020 7404 5959

David Plucinsky, Chairman


Panmure Gordon 020 7459 3600

Andrew Godber
Jonathan Lack


Brunswick Group 020 7404 5959

Jonathan Rhodes
Justine McIlroy
Alex Tweed



Notes to Editors


Mid-States

Mid-States is a cash shell listed on the London Stock Exchange with cash
balances as at 31 December 2005 of 7.7 million. Mid-States previously owned a
business involved in the supply of automotive aftermarket products in the US.
This business was sold in October 2001. Since then the Board has been reviewing
the possibility of acquiring a new business with a view to generating additional
value for Shareholders.


Inov8

Inov8's range of products is in use worldwide and extends from laboratory and
development cells through to high volume test and calibration production lines.
Inov8's equipment, which measures tiny quantities of liquid at extremely high
speed, is in widespread use in the calibration of fuel injectors worldwide.
Inov8 has created software specially to collect and process data from its
metering units.


With the increasingly stringent EU and US emissions legislation, Inov8 believes
that its technology using atmospheric and combustion chemistry addresses these
new requirements and therefore is well placed to benefit from growth in this
area.


Moving Sun

The technology behind Moving Sun's air disinfection device is based on research
originated over 15 years ago relating to the scientific understanding of the
process of atmospheric disinfection, whereby pathogens are killed by the action
of chemical factors naturally present in fresh air. The device, which is
intended to run continuously, should be effective in killing bacteria, viruses
and fungi in enclosed spaces. The product has a scientifically established
ability to kill such pathogens through the action of the Hydroxyl Radical.
Operated within an enclosed environment, one unit running continuously has the
capacity to substantially reduce levels of airborne pathogens. A patent has been
applied for to protect key elements that enable the device to operate
efficiently and cost effectively. It is projected that the unit will be
competitively priced in comparison with the existing room ionisation devices on
the market.




This information is provided by RNS
The company news service from the London Stock Exchange

Well, after nearly 3 years it seems to have found a market. I got out of these many moons ago so good luck to anyone who had tucked them away in that dusty old box underneath the stairs :)

Blimey o'riley, wish they had done this whilst I was a holder ........ finally attracted punters and investors alike. Kickig myself for not keeping closer tabs on these :(

Same here meggers - bummer innit :S

price has been going nuts!