PapalPower
- 28 Jul 2006 01:53
PapalPower
- 15 Mar 2007 06:40
- 107 of 128
Sector related :
http://www.egrmagazine.com/
UIGEA NEWS ALERT - from egrmagazine.com 14/03/2007
The office of US Congressman Barney Frank, who is chairman of the House financial services committee, has confirmed that he is currently working on legislation to repeal the Unlawful Internet Gambling Enforcement Act.
The news item appeared this afternoon on the Financial Times website and has been confirmed to eGaming Review by Franks press department. The details of how any repeal would take action have not been worked out and no timeframe was given.
Frank is quoted as describing last autumns Act as one of the stupidest laws ever passed and adds: I am working on legislation to cut back on this internet gambling thing I think its preposterous.
While rumours of Barney Franks support for a repeal of the Act had been circulating around the egaming industry in the past few weeks, Frank himself had not confirmed or commented on them. Shares in PartyGaming, 888 and Sportingbet were all up this afternoon.
The FT says the mid-term Democratic victory in the US Congress brought some hope to the online gaming sector and John Conyers, chairman of the House judiciary committee, is also considered sympathetic to the industry.
But while Frank and Conyers are powerful potential allies, it is far from clear that the lawmakers would have enough support to pass any meaningful legislation because it is not clear whether the votes would be there for a regulatory bill.
The FT adds that the US treasury is currently drafting the rules to implement the Act but that the deadline for presenting them has been missed and is now expected in April or May.
PapalPower
- 15 Mar 2007 16:01
- 108 of 128
Playwize plc
15 March 2007
Trading Statement
Playwize plc ('Playwize' or the 'Company') confirms that the Company expects to
report full year results for the financial year ending 31 March 2007 which are
significantly below market expectations.
The financial performance has been impacted by a number of factors relating to
the roll out of the Company's product Pokerwize:
Disappointing installation rates and subsequent conversion into real money
players from the mass market release of 650,000 disks;
A lower than anticipated installation rate from a specialised mail shot
campaign; and
Fewer direct downloads from the Company's website than anticipated.
While the Company has seen growth both in the number of downloads and in real
money players in recent months, the rate of progress continues to be
significantly behind previous expectations.
The Board also considers that the passing of the Unlawful Internet Gambling
Enforcement Act 2006 in September 2006 by US Congress, while not directly
affecting the Company's operating activities, has had a material impact on
Playwize's ability to market its Pokerwize product.
Although the Company continues to pursue attractive marketing and distribution
agreements to increase the take-up of Pokerwize, these and other ongoing
initiatives will take time to implement and to have a beneficial impact on the
Company's financial performance.
PapalPower
- 24 Mar 2007 03:09
- 109 of 128
A heads up, owing to the DST time changes, the 500$ Pokerwize/Flush magazine freeroll on Monday night was cancelled and started again (only way of doing it on Microgaming for the time change).
Therefore anyone wishing to enter, now has to register again for the tourney thats live on PNL Monday night.
Its under TV, Multitable, Freeroll.
500$ Flush Freeroll, and the password to register is "Flush".
Pokerwize you download at
http://www.pokerwize.com
PapalPower
- 26 Mar 2007 16:44
- 110 of 128
.
PapalPower
- 31 Mar 2007 10:21
- 111 of 128
The new Pokerwize Version 2 now released (will auto update existing players with a new patch).
Just some of the new features :
Easy Multi Table Play
**********************
Seating Preference
*********************
Friends List
PapalPower
- 09 May 2007 15:48
- 112 of 128
Email from Pokerwize today : (
http://downloader.pokerwize.com/email_template/NewsLetter15aWeb.html )
To The Victors Go The Spoils.
If thats the case, then you must have won some pretty big poker hands recently. Because the team at Pokerwize is spoiling you again: Just a few weeks after the release of the revolutionary Pokerwize version 2, were making Pokerwize even better. The latest upgrade to Pokerwize brings you dozens of new features that will make your poker playing experience even more amazing.
First up, weve improved the game lobby. Finding your favourite game has never been easier with our new simple user interface that automatically puts your preferred game type front and center every time you log on.
Next, the new player notes feature allows you to make detailed notes on every player you encounter.
All you have to do is right click on the player you want to make a note on and select player notes from the menu. That way, youll be sure to have the right strategy the next time you find them seated opposite you.
Finally, weve added dozens of new player animations and clothing options, making the most realistic poker experience even more life-like. Now you can express yourself like youve never done before.
Youll also notice an improved player ranking system that keeps close track of your poker playing prowess and other nifty little improvements throughout the game. All this great new stuff, and its just for you.
Its true: Were spoiling you. But youre a Pokerwize Player. You deserve it.
Find out how the new lobby works by clicking here :
http://www.pokerwize.com/email_template/BLobby.htm
PapalPower
- 12 May 2007 03:41
- 113 of 128
Just downloaded the update (its an auto patch if you have the software already installed).
Very impressive new features, and I like the new lobby set up.
Regardless of how they are doing, the software in my opinon is top notch and very impressive.
http://www.pokerwize.com/downloads.php
.
PapalPower
- 13 May 2007 04:59
- 114 of 128
PapalPower
- 14 May 2007 07:16
- 115 of 128
News, and to be expected too that they would go the licensing route. They have a great product, just could never launch it properly due to no marketing budget. Therefore, licensing offers the best route to them.
Will be interesting to see where this goes now.
Playwize Notice of EGM
RNS Number:4930W
Playwize PLC
14 May 2007
Notice of Extraordinary General Meeting
Playwize plc ('Playwize' or 'the Company'), the AIM listed developer of software for the entertainment industry, announces that it has posted a circular to its shareholders convening an Extraordinary General Meeting ("EGM") of the Company to be held at 11-13 Cricklewood Lane, London, NW2 1ET on Monday 4 June 2007 at 9.00am, concerning:
* The increase in the authorised share capital of the Company.
* The raising of additional capital.
* The directors' ability to issue and allot relevant securities.
* The non application of section 89(1) of the Companies Act 1985 (as amended) in the allotment authority being sought.
The Board has recently resolved to undertake a new commercial strategy for the company's online poker product whereby it intends to pursue licensing arrangements with various online poker rooms to licence the Company's internet poker technology. Under the proposed licenses, a licensee will potentially pay the Company an upfront fee as well as ongoing licensing fees based on certain player revenues. The authority being sought to raise additional capital will enable the Company not only to fund continued development of new technologies to be used in the internet gaming market, including the online poker and casino markets, but also to market its technology to a wider audience. If passed, the resolutions will provide the Company with greater flexibility in financing its ongoing business and growth, as it will afford the Directors the authority to issue shares of the Company for cash to prospective investors, if opportunities to do so arise.
Copies of the Circular will be available free of charge to the public at the Company's registered office at 11-13 Cricklewood Lane, London, NW2 1ET.
PapalPower
- 13 Jun 2007 22:12
- 116 of 128
New Pokerwize email doing the rounds :
http://www.pokerwize.com/email_template/NewsLetter17aWeb.html
"This Sunday is Fathers Day. And to celebrate, were giving everybody a gift whether they are a father or not. On Fathers day, 17th June 2007, 19:30 BST, weve got a $200,000 guaranteed payout tournament with a mere $65 buy in. If those stakes are too high for you and your dad, you can qualify for the big $200,000 tournament at any one of four tournaments this Sunday, where the entry fees are only $6.50 each! For dads and their kids who like to play big, weve got a massive monthly $250,000 guaranteed tournament on the first Sunday of every month, with $16 qualifiers every day of the week.
So for all of you looking for the perfect gift for that special dad: He likes nothing better than a thrilling evening playing Pokerwize poker with his (18 year or older) kids. And to all you fathers, a little piece of advice: Never raise your hand against your kids. It leaves your groin unprotected.
Youll be going mental too when you get a load of some of our other tournament offerings. Weve got a tournament to fit every taste. Ever tried a Heads-Up Rounders Tournament? Its fast and fun: Two people go head-to-head with $1,500 chips each. The winner moves to the next level, where a new foe awaits, all the way up to level 7. Pokerwize player Dodge7 won $1,280 in prize money with a small $11 investment. Its just TournaMENTAL! "
oilyrag
- 18 Sep 2007 09:43
- 117 of 128
Hi pp, not heard from you for a while on this one. I thought that you would be ramping this on a bit, although at the moment its going along nicely. Bought 50,000 yesterday at the begining, already a nice profit. How far do you see it going as there appears to be no let up at present. If Ladbroke deal was worth 3mil this would put about 5p on SP. Do you know any of the financials so that we can estimate full potential. Cheers oily.
oilyrag
- 18 Sep 2007 10:02
- 118 of 128
I hope this goes back to last years high of 37p. That would be a 13 bagger.
PapalPower
- 18 Sep 2007 10:34
- 119 of 128
oily, although its good news and at least there might be a future, be careful as to how much they have drawn down from the loan facility, this could prove very dilutive, so I think multi-bagger from here on is perhaps a very very long shot.
oilyrag
- 18 Sep 2007 10:37
- 120 of 128
Thanks pp, shall look for a bit more upside and then top slice a %age for a free ride. Good luck, do you still hold.
halifax
- 18 Sep 2007 11:13
- 121 of 128
Final results for year ended 31/3/07 due this month.
Still Waiting
- 18 Sep 2007 19:52
- 122 of 128
Good to see a pulse finally appear in the corpse..
Had all but written this one off.
Toya
- 28 Sep 2007 10:16
- 123 of 128
Talking of a pulse - have you seen how the sp is suddenly waking up this morning?
oilyrag
- 28 Nov 2007 09:50
- 124 of 128
Still 60million shares to go at 1.49p before the price drops to floatation price of 1p.
Toya
- 28 Nov 2007 10:16
- 125 of 128
I'm not in this - too risky, though the same could be said for a lot of my trades.
Active
- 28 Nov 2007 18:24
- 126 of 128
Just been through the trades over the past week and it seems 50 million shares have been shifted. They've been to sold to clients from 2 pence to selling to them at 1.49 pence today. The trades going through at 1.37p were normal private investors and the trades at 1.49p were clients buying up stock. Mr Katan took 25 million shares so that leaves an overhang of only 40 million shares. IMO not much left now and the rest of what might be left will be cleared into any rises from this level. Level 2 improved and closed v.positive at 3 v 1 from 2 v 1. Solid support at this level (all time lows) and IMO minimal downside with huge upside potential from here. Recent news has been encouraging and a placing was always coming. Some PIs who bought in on the recent news may also average down and that might help to shift the overhang a bit quicker. Level 2 at close shows a near term jump to 2 pence rather than 1 pence. Should get more good news in the coming wks...now they've got some cash to expand.