pachandl:

A payment would typically be due on signature. Most OEM agreements have gagging clauses which specify no publicity until mutually agreed.

So they signed, got the on-signing payment and still can't say who it is. Perfectly normal.

There are deals which have permanent gagging clauses as well.

MM - I accept your point - I was simply saying that as a payment had been made there must have been a signed contract - you had previously implied that this might not yet have happened (your comment ..." which would indicate that the whole thing has not yet gone through approval at the other end"). Anyway, we seem to both agree so no problem.

Indie - thanks for your response - I assume you are correct although you do use the word "presumably" in pt 2. I am hoping to speak to someone with auditing experience next week to confirm this - although I am sure you must be correct on pt 3 anyway, so it is pretty much academic.

A bit disappointed that we finished in the red - but that's Tad for you (or their MMs).

Posted by RT on another BB, gives you a few hints about the future. This is not the full post but it is a fair description of the state of play.

M


This brings me onto the future.

Negativity is a good thing. I have learnt to accept it. It is healthy and last week there was no one more negative on Tad than me.

I stated that I wanted to see revenue. An RNS with $$$ attached. It is something that all of the Tad supporters have craved since we bought ETI. This is the most significant development in the ETI era we have had. It has proved once and for all that ETI can produce and sell multiples of the product. It seems likely that it is the Wyse embedded deal that was stated earlier (or yesterday, I forget)

It is also rumoured that MS have had better than expected results from the streaming trials. EDS & MCI must be close although I think April is a target date??

I have heard a brief rumour that I cannot substantiate that Veritas is another Telco that ETI may have done a streaming deal with. A while back I heard that there was a deal as big as SB was supposed to be.

Has anyone heard this?

Whilst it is still possible for Tad to drop I reckon yesterday was a major turning point.

Any views?

ML
I think the company on iii being discussed now is verizon.

Cheers Yuff. Verizon, Macrovision or BT i dont really mind who it is
as long as they buy Streaming from us.

M

pachandl: You're right. That's what I meant to say. Apologies.

Pach,

I said 'presumably' because, although I know the auditors have to assert that the company is an on-going 'going concern', I had no idea what cash was available when the results were announced.

Frankly, not being an accountant, I would not have had much certainty even if the (then) current cash position were known. The question of pay-offs to the various departed staff could easily pox up the most finely-tuned financial analysis as could the precise timing of any purchases against the signed contracts.

Do we assume a new PR company is desirable, necessary and cost-effective?

Indie - I assume your last comment was rhetorical!!!!

RNS Number:2185I
Tadpole Technology PLC
04 February 2005



Tadpole Technology PLC (the "Company")


Director Shareholding




The Company was today informed that, Mr Steig Westerberg, an executive director
of the Company, sold on 2 February 2005 475,000 ordinary shares of 1p each in
the Company ("Ordinary Shares"), at 8.0395p per share. The Ordinary Shares were
sold to satisfy tax payments payable by Mr Westerberg following his conversion
of Stream Theory options and warrants into Tadpole Ordinary Shares.



Following this transaction, Mr Westerberg has a beneficial interest in
21,233,261 Ordinary Shares, which represents approximately 5.66% per cent. of
the Company's issued ordinary share capital.



4 February 2005

Clearly Mr S has very little cash in his bank if he has to sell shares to cover a 40k tax liability. It does amaze me how easily Tad management shaft ordinary shareholders. Let's hope he does not have to sell any more to cover his monthly household expenses.

pachandl, no one should mess about with the Inland Revenue and paying a capital gains Tax bill. If he has a 40k capital gains tax liability then he must have done very well out of the conversion, that means he is still at least 60k in profit. Now all TAD shareholders needs is to see some profit on investments. Lets hope TAD get more than just the one substancial contract in 2005!

In my view, TAD with Endeavors and Stream Theory combined, they now don't have any more leaway for giving out feable excuses as to why they do not win new profitable contracts or the need to raise more working capital and dilute the value of existing shareholders capital.

Agreed Legins - my comment about his tax liability was simply to express surprise that he had to sell Tad shares in order to meet it. I assumed he had other assets (cash) and that, assuming he was optimistic about the future, he would hold all of his Tad shares in order to maximise any capital gains.

HI PACHANDI //MR S STILL HAS APRO/26000000 SHARE/OPONS TO PLAY WITH////

Bristle - let's hope Mr S does not get any more tax demands in the next few months ( or, come to think about it, decides to buy a yacht, car, go on an expensive holiday, buy a chalet in Switzerland etc etc).

sice hp vanished i no longerget the emails of news or ivestor thingies....is there somewhere new to register for these? its a lot quicker to acess an email on my geriatric pc than search MAM news.

Sorry Rod but HP does not seem to have been replaced yet. I try and post all of the RNS's and news that i come across.

M

ML ta

but DONT RUB IT IN LOL

;-)

M

Steig's webcast to
www.cw360.com
Technology: Desktop Computing

by Antony Savvas

Friday 4 February 2005

Microsoft tightens integration between Office and ERP systems

XML-based web services will be key to developing add-on applications based on Microsoft Office Systems.

Microsoft kicked off the first Microsoft Office System Developer Conference at its Redmond headquarters, encouraging users and developers present to build tighter integration between the Office suite and XML-based web services.

Microsofts strategy is to make its Office family of desktop software an interface to enterprise systems such as using Excel with SAP.

At the event Microsoft unveiled Visual Studio 2005 Tools for the Microsoft Office System (VSTO 2005), a version of its development tools suite designed around the .net Framework for programming web services.

Microsoft said the tool would allow users to customise Microsoft Excel 2003, Microsoft Word 2003 and Microsoft InfoPath 2003.

Attended by 800 developers, the three day conference is being addressed by Microsoft chief software architect Bill Gates. The conference will be used to promote the use of Microsofts Visual Studio tools for developing applications for Microsoft Office 2003.

webcast details 16/2/05

Presenter:
Steig Westerberg, CEO - Endeavors Technology


Event Brief:
Your customers want to try your software before they buy it. Sending CDs or forcing huge downloads is yesterday's solution. Find out how software companies like yours can put full-version applications onto user desktops faster and more cost-effectively with virtually no risk of piracy. Gain insight into who is trying your software for how long and discover cross-sell and up-sell opportunities. Whether for two hours or two weeks - give your users a taste of the latest software enhancements that leave them wanting more. Find out how ISVs such as Microsoft and Autodesk use software streaming technology to improve their trial programs and quickly convert trial users to customers.