Just had a look on Reuters, they give MEQ a risk grade of 85 ie. no risk at all.A no risk share at a silly price!!, come on now.
Dexter

I took a dip today ;-) ... News expected

Statement re Share Price Movement (Microcap Equities)


TIDMMEQ

12 May 2009

Microcap Equities Plc

(the "Company")

Statement re: Share Price Movement

The directors of the Company (the "Directors") note the recent movement in the
Company's share price and the high volume of recent trades in the Company's
shares.

The Directors confirm that they are currently in negotiations with certain
parties with respect to an equity investment in the Company. No guarantees can
be made as to whether or not such negotiations will lead to a transaction being
concluded. A further announcement will be made in due course.

For enquiries:

Microcap Equities Plc 020 7247 9691

Nicolas Greenstone 020 8371 3071

Rakesh Patel

John East & Partners Limited 020 7628 2200

Bidhi Bhoma



END

The below quote from the Interims last September:-

'The company has been seeking to make an acquisition or to attract additional
investment and the directors are optimistic that they will be able to achieve
one or the other before the year end'.

And this week's news:-

'The Directors confirm that they are currently in negotiations with certain
parties with respect to an equity investment in the Company'.

With Finals next month I think the aim will be to conclude the negotiations as soon as possible with everything wrapped up prior to results. IMO should see exciting developments over the coming weeks and a new chapter in MEQ looms. DYOR as always!

Volume:-

The approximate number of plastic bags consumed this year:
183,112,410,621

In negotiations with more than one party about equity investment. That is also a v.big positive amongst everything else highlighted. Next step imo would be any interested party putting the equity in, then acquisition via normal routes or reverse takeover. In CN. there was alot of very large buys prior to the latest big rise and hence whilst we wait for further news one of the interested parties may start taking a stake whilst the share price is so low imo.

MEQ's chairman has the pedigree to pull a rabbit out of a hat...the below link (background information) on directors makes interesting reading. We have another individual also Mr Rakesh Patel on board who has been involved in more than 25 AIM transactions.

'During his legal career, he led transactions with an aggregate value in excess of 3 billion, including a real estate acquisition with a transaction value of 600m'.

http://www.microcapequities.plc.uk/meq/documents/comp_disclosure/rule26_tear_sheet_08_08.pdf


The chairman is also on the board of Merchant Capital.

'Nicolas is the proprietor of Barton Brown Limited, an FSA authorised corporate finance firm which specialises in small cap fundraising and listing'.

http://www.merchant-capital.com/our-team/nicolas-greenstone


Some more background bearing in mind MEQ's links to Merchant House Group. MEQ has the listing and Merchant House trying to bring asian companies over here. Use MEQ's listing has been the long wait.

20 March 08

Merchant House Group plc is taking a 49% stake in a new venture aimed at bringing Singapore, Hong Kong and Malaysian companies to the London market.

http://www.merchanthousegroup.com/recent-press/singapore-corporate-finance-arm-marks-latest-restructuring-step

Our Services
Fundraisings

We have an integrated and pragmatic approach to fundraisings and seek to provide clients with the most effective and appropriate financing solution, based on their strategic objectives.

We may develop a phased fundraising strategy for clients with a view to maximising shareholder value.

* Introductions
* Secondary equity offerings
* Reversing into a cash shell
* Private equity
* Debt and asset-based financing

http://www.merchant-capital.com/our-services/fundraising

Lots of articles seem to be written this year inc. recently too about cash shells. And hence no surprise that MEQ is in discussions with more than one party. Hopefully start of next wave of rises this coming week after consolidation towards end of the week. I would have thought the board would try and conclude the negotiations and any subsquent activity prior to the finals next month. Nearly all the buyers at 0.40-0.55p have kept hold of their shares.

Some strong buying returning again yesterday, next wave of rises maybe on the horizon.

Started rising again with today's rise. May turn out to be another super week again.

These have started rising on minimal buying again, up again today thus far. Last weeks news referred to an announcement in due course.

0.30-0.40p, one to watch now imo.

Got a few more this morning at .35p.

Some decent buys today, 500K + 323K.

http://www.growthbusiness.co.uk/channels/raising-finance/flotation/1047067/cash-shells-aims-bestkept-secret.thtml

Cash shells: AIMs best-kept secret
Article Date: May 21 2009
Oliver Haill

Cash shells offer another way to float
Deciding to take your company public at the moment seems as eyebrow-raising a move as streaking at a national sporting event.

A cash shell might offer a more discreet solution. Essentially, a cash shell is a company with not much more than a stock market listing, some cash in the coffers and a director or two. It can provide a less risky route to the public markets than an initial public offering (IPO).

Picked up another 350K more today. IMO will be likely that negotiations with interested parties will be concluded prior to end of June which is when by the final results have to be announced.

Let's hope this is a better performer than your recent disappointment of DISL.Buyers Beware.

May 2009 - Analysis

M&A activity picks up on Aim

http://www.petroleum-economist.com/default.asp?page=14&PubID=46&ISS=25382&SID=719720

MEQ searching for an acquisition for two years now although the first time in long while about being close possibly with the news about negotiations with certain parties with a view to an equity investment in the company earlier this month.

Some blue this morning. One to watch imo.