Small cap video games developer....swinging into profit....outlook good...cash in bank....starting to move....welcome anyone's comments and thoughts on this..

Highlights from Interims RNS
"Turnover for the six months ended 30 September 2003 was 1,062,000 compared with 633,000 in the same period last year. The profit (both before and after tax) for the half year was 23,000 compared with a loss of 556,000 in the same period last year

Visit Bits corporation website:
http://www.bitsstudios.com/default.asp

another about to explode

Issue of New Shares

RNS Number:5864U
Bits Corp PLC
23 November 2005

Bits Corp plc (the "Company")



Issue of New Shares



24 November 2005



Pursuant to the facility agreement referred to in our announcement dated 22
November 2005, the company has issued 200,000 ordinary shares of 1p each in the
Company, application has been made for these new ordinary shares ("New Shares")
to be admitted to the Alternative Investment market ("AIM").



Admission of the New Shares to AIM is expected to become effective at 8.00 am on
Thursday 24 November 2005.

Bits Corp PLC
08 December 2005

Bits Corp plc (the 'Company')



The Directors note today's press speculation and the rise in the Company's share
price.



As stated in the Annual Report, other ventures are being actively pursued
including the field of online gambling. In this regard the Company is in
discussions with a number of parties with a view to establishing an online
gambling presence. These discussions are ongoing and any announcement will only
be made when appropriate.


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

http://business.guardian.co.uk/story/0,16781,1663201,00.html

Computer games developer Bits Corp gained 3p, or 20%, to 17.62p on confirmation of contract talks with several on-line gaming companies. Traders believe there are six companies bidding for the right to use Bits technology and a revenue sharing deal with one of them could justify a share price nearer 30p.

There could be announcements this week/next which will surpass the Guardians expectations ;)

If they get the online gaming, will this share shoot like PARTYGAMING ?

Ok So now we know they have 2 deals. One is with microgaming who are a massive outfit responsible for William Hill, Labbrokes etc I believe. Other deals are possible and we have a Jan placing which will most likely see funds come on board. I see this as a potential very big gainer in 2006.

FUN mkt cap is 140 million
BIT mkt cap is 8 million

I know which one I am in and which one I think will make most money as a company and it ain't FUN.

Bouncing nicely now

And someone has just exercised some of their options

I guess you lot aren't interested in these then?

Up again today with a couple of mm buys in there.

I think this has a lot further to go.

ANother 90k of options has just been taken up :)

and up it goes again. Compare these to FUN and see why it is going up. YOu guys are missing out on big money here :)

And again.

From todays mail

Daily Mail p 66 Market Report

"Computer Games software group Bit Corporation edged up 1p to 25p amid talk of an imminent placing above the current market price."

Still only me then I guess. Been in since about 4p :)

WOuld you believe it. It is up again.

Only a 200% gain so far!!!!!!

Keep the news coming max , i am watching.

Wow. Thanks for posting. Was ready to start going insane talking to myself. Haveing a good week so far with these, Vislink, and Lloyds :)

300% now. You guys really are missing out on the massive potential of this one

Hi Max,

Just thought I'd let you know that there are more than you and fliper here now!

I just bought in, something going on so I took a small stake. Was drawn to it by a poster on M Walters.

All the best.

A poster known as Mick I take it?

Finished very strong today this one.

Is there any good news coming up...this is rocketing