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Warthog Looking to the future !!! (WHOG)     

SueHelen - 23 Dec 2003 17:29

http://www.warthog.co.uk
Daily Execution Price and Volume
big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=1&maval=10&ubig.chart?symb=uk%3Awhog&ma=1&maval=50&ubig.chart?symb=uk%3Awhog&ma=1&maval=200&
Major Shareholders
( 4 Nov 04) 367.48m 1p Ords - Evo Noms Ltd 9.12%, Broughton Ltd 8.16%, Chase Nominees Ltd 4.76%, Barclayshare Noms Ltd 4.71%, Goldman Sachs Secs (Noms) 4.18%, HSBC Global Cust Noms (UK) 3.81%, Gartmore Inv Ltd 3.09%, A J Hall 2.05%, Other Dirs 1.34%.
http://www.hemscott.com/internet/custom/whog/
Trades over 90,000 shares are delayed in reporting by 1 hour.

03 November 2004
WARTHOG PLC
DISPOSAL OF SUBSIDIARIES

The board of Warthog plc (the 'Company') announces that it has today completed
the sale of all of the Company's subsidiaries to Tiger Telematics, Inc ('TGTL')
together with the transfer to TGTL of certain intra-group indebtedness due to
the Company. The total consideration including assumed indebtedness is $8.11
million of which $1,113,000 will be paid in cash and $7 million satisfied by way
of an allotment of 497,866 shares of common stock in TGTL at $14.06 per share,
being the average mid market closing price of a TGTL common share over the 14
days preceding completion. These shares are restricted stock and as such can
only be traded on or after the first anniversary of completion (the
'Anniversary') in accordance with U.S. securities laws. Up to the Anniversary,
these shares will be held in escrow against any claim arising under certain
warranties, tax indemnities and completion account net asset value adjustments
set out in the sale and purchase agreement. 150,000 of the cash consideration
will also be held in escrow until the Anniversary, pending specific warranties.
The Company has waived the balance of all other amounts due to it by its former
subsidiaries.

Upon completion of the transaction, the executive directors Ashley Hall, Steven
Law and Simon Elms together with one other remaining employee of the Company
will transfer employment to TGTL leaving Ian Templeton FCA and David Robinson as
non-executive Directors of the Company. The Company has also undertaken to
change its name and will be calling an EGM to effect such a change in due course
and will at that time update shareholders further.

The board of Warthog plc has sought to complete this transaction as rapidly as
possible (and therefore did not elect to seek shareholder approval) because the
group has continued to face difficult trading conditions within the games
development industry, as reported in the Company's Final Results on 28 September
2004, which has put the group under ongoing financial pressure. In addition,
TGTL required the transaction to be consummated as expeditiously as possible, in
conjunction with the commencement of shipping of its Gizmondo product into the
UK. The transaction leaves the Company having discharged substantially all of
its liabilities and with a valuable shareholding in TGTL which will be capable
of realisation in a year's time. The realisable value of this shareholding
depends entirely upon the commercial success of TGTL and the performance of the
TGTL shares on the financial market.

The board considers, in conjunction with its advisers, that this transaction
represents the best available outcome for the Company and its shareholders.

Tiger Telematics, Inc is listed on the 'NASDAQ Other OTC Market' under symbol
'TGTL'. TGTL's publicly stated intention is to apply for a listing on the
'NASDAQ National Market' in December 2004. TGTL is a designer, developer and
marketer of mobile telematics systems and services that combine global GPS
functions and voice recognition technology to locate and track vehicles and
people down to street level in countries throughout the world. The systems are
designed to operate on GPS and are currently being marketed to GSM current and
potential subscribers, primarily by the company's United Kingdom based
subsidiary, Gizmondo Europe Limited ('GEL'). GEL is a wholly owned subsidiary of
TGTL and is the maker of the Gizmondo, a next-generation mobile entertainment
device which includes games, built-in music, video, messaging and picture
functions and GPS. On 29 October, TGTL began shipping its first generation
product as part of a strategic retail roll out in the UK.

The transaction gives GEL access to existing games content and porting
technology to enable the transfer of titles developed for use on other platforms
on to the Gizmondo handheld device. Warthog plc shareholders will therefore
benefit from continued investment in TGTL as it seeks to exploit the games
content and technical capabilities that the Company has developed over the past
few years.

As previously announced on 12 October 2004, GEL is interested in 8.62 per cent.
of the Company's current total issued ordinary share capital.

About the Gizmondo device
The Gizmondo is powered by a Microsoft Windows CE.net platform, boasts a
2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor and incorporates
the GoForce 3D 4500 Nvidia graphics accelerator. It provides cutting-edge
gaming, multimedia messaging, an MP3 music player, MPEG4 movie playing
capability, a digital camera and a GPRS network link to allow wide-area network
gaming. Additionally, it contains a GPS chip for location based services, is
equipped with Bluetooth for use in multi-player gaming and accepts MMC card
accessories.

The Gizmondo device and its games are due for launch in the UK in the fourth
quarter 2004 and in North American markets from the first quarter 2005.

Further information on TGTL, GEL and the Gizmondo device can be found at:
www.tigertelematics.com
www.gizmondo.com
Enquiries:
Ian Templeton
Chairman - Warthog plc
Tel: 0870 122 5420

6 November 2004.
Daily Mail Newspaper : Page 80.

DEALERS believe that Warthog, 0.11p dearer, could be a good recovery punt. More than 52m shares in the computer games developer changed hands on hopes that the worst is over. Tiger Telematics, a leading European games console maker grabbed it by the tusks in October when it bought its subsidaries, intellectual properties and assests. In return Warhog acquired a stake in TT which is now worth at least 3p per share.

m100 - 24 May 2005 08:50 - 1062 of 1449

tb - thanks for this, does seem artificial given current climate

m100 - 24 May 2005 08:50 - 1063 of 1449

tb - thanks for this, does seem artificial given current climate

akel44 - 24 May 2005 15:21 - 1064 of 1449

so how does this company work, is it entirely dependant
on tiger telematics,i will have to do a bit of research
we are approaching the quiet period for games,but the price
looks a little inviting and the spread is very comfortable,

akel44 - 24 May 2005 15:25 - 1065 of 1449

what is this tigers symbol on the american market?

iturama - 24 May 2005 15:26 - 1066 of 1449

tgtl

akel44 - 24 May 2005 16:06 - 1067 of 1449

not in the main markets, must be in some small volatile market

wayne300808 - 24 May 2005 16:30 - 1068 of 1449

akel44 - 24 May 2005 16:42 - 1069 of 1449

theres a recent news release minutes ago
http://www.prnewswire.com/

m100 - 24 May 2005 16:54 - 1070 of 1449

its on www.nasdaq.com
Tiger Telematics' Gizmondo(TM) Inundated at E3

LONDON, May 24 /PRNewswire-FirstCall/ --
- Premier Industry Trade Event Heralded as Outstanding Success for Next
Generation Multi-Entertainment Handheld and Exclusive Software Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL, OTC: TIGL.PK) is delighted to confirm that the recent Electronic Entertainment Expo (E3) in Los Angeles, known globally as a calendar event for the gaming industry, has shown to be an enormous successfor the company.
A staggering 70,000 industry professionals and analysts attended the three-day show, inundating the Gizmondo booth where six new titles (Agaju,Sticky Balls, Johnny Whatever, Hit and Myth, Chicane, and Supernaturals) were unveiled exclusively for the Gizmondo, alongside much publicised Augmented Reality and Gyroscopic Camera Technology demonstrations. Media and trade responses to the Electronic Arts announcement and US street date were extremely positive, and announcements regarding new content and strategic partnerships will be forthcoming as a result of meetings held of the show.
Mike Morgan, VP of Global Sales for Gizmondo, says: "The show was extremely successful in terms of channel relationships and strategic partnerships. The new game titles have been very well received and being able to announce EA's backing at such a time when all the industry's eyes were upon us was hugely important."
Carl Freer, co-founder and Chairman, Tiger Telematics, says: "This was our biggest and best exhibition to date. The stand attracted gigantic crowds of media, analysts and retail buyers, and there is little doubt that the US market appetite for the Gizmondo will be very significant. He continued, "With Microsoft showcasing the XBox 360, it was hardly surprising that this year's show focussed heavily on hardware, particularly mobile and convergence devices - an arena within which the Gizmondo is positioned as a leading player."
full story:-

http://www.prnewswire.com/news/index_mail.shtml?ACCT=104&STORY=/www/story/05-24-2005/0003685631&EDATE=

tburns - 24 May 2005 16:55 - 1071 of 1449

That late transaction of 1.5Million is a buy at 0.77, expecting a reversal in the Tiger share price, convinced it is being artificially walked down so the institutrions can get in

m100 - 24 May 2005 17:00 - 1072 of 1449

my thoughts for some time, but maybe am just cynical...:-)

iturama - 24 May 2005 17:58 - 1073 of 1449

akel44
TGTL (OTC)

john50 - 24 May 2005 19:01 - 1074 of 1449

I make it 2,656,500 buys to 1,476,753 sells.

hampi_man - 24 May 2005 19:59 - 1075 of 1449

akel44
the tiger symbol is tgtl.pk, check it on yahoo.com

john50 - 24 May 2005 21:11 - 1076 of 1449

Go to, finance.lycos.com/qc/livecharts/default.aspx?symbols=otcf:tgtl

akel44 - 25 May 2005 12:29 - 1077 of 1449

so when is the name change, and what happens when warthog
closes its share options with tiger at the end of the year,
will there be a new company and what direction will they go,

iturama - 31 May 2005 15:13 - 1078 of 1449

Tiger moving up today + 6%.

willfagg - 31 May 2005 15:34 - 1079 of 1449

That was a welcome rise. I do believe my lungs are working again.wouldnt a positive sales report be nice?I think most of the marketing and distribution comments are just written off as hype now as without actual sales revenues it does not in itself adeliver much.IMO we always seem to be waining for the next development. I thought the European launch would have kicked the price upwards significantly. Still I would not complain if we could just have some more positive days like today.

deancroft - 31 May 2005 16:05 - 1080 of 1449

Willfagg/Iturama
Today I have e-mailed Gizmondo Europe to enquire why we have not had any further sales developments since the 800 units sold in Regent Street on launch day, why no news of further shops to be opened internationally as previously informed , why commitments of sales have not translated into reported actual sales (availability of product??), why the only news and hype comes from Gizmondo/TGTL and not any other independant news source and why no TGTL NASDAQ listing as yet. I'm positive that America and TGTL OTC investors do not know that Gizmondo even exists!!! Will TGTL give up before August?? Will I get a reply?? Answers on a postcard please.
ps. Not selling out yet. Not keen to make a loss just yet.

iturama - 01 Jun 2005 07:08 - 1081 of 1449

DC.
With the likes of Morgan Stanley as advisers, I feel comfortable that a coherent strategy will be developed. I have often said the problem is producing enough, not sales.

This article is from MSN's Newsweek - a very popular mag both in the US and Internationally.


The Gizmondo: A Jack of All Gadgets
A small British company is challenging the kings of gaming.

By William Underhill
Newsweek International

June 6 issue -
Thinking sideways seems to be one of Carl Freer's specialties. The 35-year-old entrepreneur originally set out to develop a small device that parents could use to keep track of their children. After some initial testing, he and his business partners junked the idea. "We decided no kid in his right mind would want to be tracked or traced," he says. But Freer quickly came up with another way to use Global Positioning System (GPS) technology: to target ads to users on the move.

This thinking eventually led Freer and his colleagues to the Gizmondo, a handheld "multifunctional entertainment device," already on sale in Europe and due to hit the U.S. market later this summer. Freer's audacious plan is to pit Gizmondo against the handheld gaming devices of heavyweights Sony and Nintendo. Despite the competition, Freer aims to sell 3 million of his novelty-packed consoles worldwide by the end of the year.

Developed at a cost of $100 million, the Gizmondo offers much more than the standard gaming console for 15- to 35-year-olds, his target market. It's a "lifestyle product." Ever wanted a single handheld machine that could show DVD-quality films, play music, take pictures, send and receive e-mail and locate your position on a map? Ohand also play games? The Gizmondo sales slogan: "I can do anything."

It's going to have to do an awful lot to beat the competition. The Gizmondo's launch more or less coincides with the appearance of Nintendo's DS and Sony's PSP. Neither includes GPS technology, but they both boast a classy back catalog of games and sell for considerably less than the $399 price tag of the Gizmondo. "It's a complete David and Goliath situation," admits Freer. "But I have a very sharp stone."

Will it sell at that scary price? It won't have to, says Freer. Buyers ready to receive the occasional adtailored to their particular interestscan have their Gizmondos for a knockdown price of $229. The solution plays neatly to one of the device's strengths. The hungry Gizmondo owner sauntering through Leicester Square won't just receive an ad for his favorite burger jointits location will appear on his screen.

Freer is a veteran of high-tech start-ups. He's the founder of a Swedish media sales company and a software outfit that pioneered video-compression techniques. (He was named Swedish Entrepreneur of the Year in 1997.) Another Freer company, Tiger Telematics, the parent of Gizmondo, now awaits a full NASDAQ listing this summer with an estimated cap of $1.5 billion.

Freer's confidence rests on the sheer scale of the potential market. About 1.6 billion people now own a mobile phone, and there's plenty of evidence that they'd like to do more with their handheld gizmos. "We are going where no one else has been before," says Freer. "But it's no suicide mission."

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