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Playwize Site : http://www.playwizeplc.com

Poker Download Site : http://www.pokerwize.com

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.

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! "

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.

I hope this goes back to last years high of 37p. That would be a 13 bagger.

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.

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.

Final results for year ended 31/3/07 due this month.

Good to see a pulse finally appear in the corpse..

Had all but written this one off.

Talking of a pulse - have you seen how the sp is suddenly waking up this morning?

Still 60million shares to go at 1.49p before the price drops to floatation price of 1p.

I'm not in this - too risky, though the same could be said for a lot of my trades.

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.

That sea of red should be blue.

rumour global gaming/ggt are going too acquire playwize as there 1st acquisitio