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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.

paul30661 - 22 Aug 2005 08:37 - 1274 of 1449

I saw in the press over the weekend that Sony are adding a camera option to the PSP. Another Unique Selling Point of the Giz just lost.

I also saw in Woolworths and other stores the massive hype surrounding the Sept. 1st launch of the PSP, and not a Giz in sight.

Please note that the only purpose of this post, (other than to inform others of the PSP latest) is to continue the theory that negative posts on here seem to have an inverse effect on the WHOG sp - seems to be working :-)

willfagg - 22 Aug 2005 09:59 - 1275 of 1449

I know i started the negative post theory but its not much to pin your hopes on is it?There are a lot of points that cause concern ie
Nobody has heard of it,
Nobody i know has got one,
Nasdaq listing is sliding forever backwards,
No news on sales in Europe and it has been on sale for several months,
Delay in product launch to coincide with other powerful gamestation,
Lack of product diferentiation
Will it be seen as a good enough games player to satisfy customers?etc

Not least of which if news comes out and its bad the price could disappear down the toilet

paul30661 - 22 Aug 2005 12:59 - 1276 of 1449

From pocket-lint.co.uk

'16 August 2005 - Nintendo has announced that it will be dropping the price of its handheld console, the Nintendo DS, by $20 in America to $129.99 from the 21 August. Nintendo is citing the price drop for no other reason than to give consumers better value for money over competing games consoles such as Sonys PSP. The price cut comes nine months after the launch of the console in Japan. No word as yet from Nintendo as to whether the price drop will be rolled out in other regions such as the UK.'

This will also put pressure on the Giz in the US market when it is eventually launched there.

Also from Pocket-link regarding the delayed US launch of the Giz.
'Tiger Telematics are hoping that the delayed (US) launch will mean a bigger offering of games when the console does eventually launch. The manufacturer is also hoping to sell 500,000 units in the American market in the fourth quarter.'

Anyone can 'hope' that they will sell 500,000 units a quarter!

paul30661 - 22 Aug 2005 21:37 - 1277 of 1449

Ok, I know that this will probably be the kiss of death to the recovery of WHOG, and I am no expert on tech analysis but just looking at the chart for TGTL on yahoo and the share price looks to have turned the corner with the main indicators turning up.

Would anyone on here, with more knowledge than I of these things care to comment, (confirm or deny) ?

paul30661 - 26 Aug 2005 08:17 - 1278 of 1449

Ok, so Tiger price falls 1.5 % overnight, (but is still up on the week so far) and WHOG has two rises in a row (again, so far!).

Does someone have an up to date parity price between the two. I.e. aside from other WHOG assets, available tax losses, etc, what is the current worth of the Tiger stake per WHOG share?

willfagg - 26 Aug 2005 08:45 - 1279 of 1449

Trading seem to suddenly go very blue yesterday and again this morning almost as if someone knows something, and without any real notable improvement in the TGTL price! It will be interesting to see if the buys keep coming today as there is nothing significant in TGTL price that I would think would drive increased buys for WHOG . However the rise is all very welcome

iturama - 26 Aug 2005 10:21 - 1280 of 1449

Just back from holiday and surprised to see Whog trading at such a premium. NAV value is around 1.28p, so I have sold some this morning. Mind you, I sold ULT at around 1.40 before going away and that was a mistake (also?).

stringy - 26 Aug 2005 18:12 - 1281 of 1449

Going fishing............Going fishing!

La La la la la la...........fish fish fish fish fishing!

paul30661 - 29 Aug 2005 19:13 - 1282 of 1449

Tiger up 5 % today, (mon). Could be that Tiger is now catching up with WHOG.

stringy - 29 Aug 2005 19:44 - 1283 of 1449

Going fishing............Going fishing!

La La la la la la...........fish fish fish fish fishing!

deancroft - 30 Aug 2005 09:24 - 1284 of 1449

Posted on Pink Sheets, not heard of the gyroscope before.

JACKSONVILLE, Fla., Aug 29, 2005 (United Press International via COMTEX) -- A small Florida company is preparing to take on Sony and Nintendo in the United States this fall.
Tiger Telematics' only product is the Gizmondo, a hand-held device that seems to do just about everything.

It plays video games, movies and music files, takes photos, wirelessly sends and receives text and e-mail messages, displays Web pages and functions as a navigation and tracking unit. A built-in gyroscope can alter the viewing angle of a game as the player turns the device around.

It already is available in Britain where various versions sell from more than $200 to slightly more than $400 per unit. The company hopes to begin selling Gizmondo in the United States this fall.

Gizmondo is "the first fully convergent device that gives you all functionality at once," says Carl Freer, Tiger Telematics chairman.

Mr Mole - 30 Aug 2005 11:40 - 1285 of 1449

Just back off hols...delighted to WHOG doing so well......What's the current strength of the WHOG s.p. due to then? Thoughts anyone??

willfagg - 30 Aug 2005 12:22 - 1286 of 1449

none, I was just thinking that if anything it is slightly out performing the laste few days. There was a splash of blue at the end of last week that made me think that some news was about to break but although today is ok the volumes are not significant IMO.
I am not complaining , if TGTL can head back to the dizzy 30 level the WHOG price could get very exciting.(currently $16.20 approx)

iturama - 30 Aug 2005 16:05 - 1287 of 1449

LONDON, August 30 /PRNewswire-FirstCall/ --

- Award-Winning CoPilot Software Advances Gizmondo's Functionality Repertoire and Delivers Amazing Sub GBP200 Satellite Navigation Package

Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL, OTC: TGTL.PK) today confirmed a deal with leading developer of navigation and mapping solutions, ALK Technologies Ltd., for its satellite navigation application, Gizmondo Navigator(TM) 2006 powered by CoPilot(R), to be released on the Gizmondo multi-entertainment handheld.

The Gizmondo with its inbuilt soft-signal GPS hardware developed by SiRF(R) is already known for its comprehensive and unique range of functionality, including next-generation handheld gaming, MP3 and MPEG4 playback, messaging, and digital camera, has extended its repertoire to incorporate this eagerly anticipated turn-by-turn navigation application for use in car and on foot.

Gizmondo Navigator 2006, supplied by region on SD (Secure Digital) card, provides the user with powerful trip calculation and extremely detailed street maps, allowing satellite navigation to a specific house number, full UK post code, street or one of thousands of points of interest in fantastic 3D or 2D, complete with turn-by-turn voice instructions.

The award-winning CoPilot software, customised specifically for Gizmondo, will also plan routes in advance, calculate the best new route if a turn is missed, and divert around hold ups at the touch of a button. Customers can use the product in-car or to find their way on-foot. Throughout its 25-year history, ALK has been a leader in advancing the state of the art in transportation technology. In Europe, the system incorporates the highest-quality, premium street-level map data and extensive points of interest database from NAVTEQ, as used by the majority of automotive OEMs in their in-dash systems.

Gizmondo Navigator 2006 will be available for Gizmondo for the UK priced at GBP99 and the whole of Europe for GBP199 from 30th September. An in-car cradle and car charger will be available for use with the new software priced at GBP29.99.

Gizmondo Navigator 2006 will also be bundled with the Smart Adds-enabled Gizmondo in a special Satellite Navigation pack for GBP199, available from selected retailers.

Michael Kornhauser, Managing Director, ALK Technologies Ltd, says: "ALK's navigation and routing technology has been developed, enhanced, and refined over the past 25 years, and our CoPilot software is recognised worldwide as one of the most advanced and user-friendly satellite navigation packages available. Coupling our software expertise with this exciting piece of entertainment technology provides the end user with the best of both worlds; an advanced satellite navigation application, and entertainment wherever the road takes you."

Carl Freer, co-founder and Chairman, Tiger Telematics, says: "The inclusion of ALK's satellite navigation software to Gizmondo's already bulging entertainment-based functionality, accentuates the practical side of this powerful and versatile piece of mobile technology. Compelling price-points and attractive bundling options will also allow us to develop new retailer initiatives whilst making this extremely desirable application accessible to much wider demographic."

Andy - 31 Aug 2005 11:24 - 1288 of 1449

Falling of a cliff at the moment, anyone know why?

paul30661 - 31 Aug 2005 11:35 - 1289 of 1449

Not an expert, but would suggest either
a) profit taking after the recent run up,
b) the news that was announced recently was (see iturama 1287) was not as good as the people who have been buying were expecting or
c) the market makers are trying to shake the tree to get more WHOG onto their books, having been caught short by the recent rise.

paul30661 - 31 Aug 2005 20:33 - 1290 of 1449

Form 8-K for TIGER TELEMATICS INC
30-8-2005

The Company filed a 12B-25 to extend its filings dates to April 15, 2004 for its Report on Form 10K for the year ended December 31, 2004. At that time the Company anticipated meeting that deadline. In Report on Form 8K dated April 28, 2005, the Company indicated that it had retained Marshall Stevens to provide a valuation report to be used in connection with finalizing the audit. That report is now completed. The Company also retained BDO Stoy Haywood in June 2005 as a consultant to complete its compliance required by section 404 of the Sarbanes-Oxley Act of 2002. Report on Form 10K for year ended 2004. That 404 compliance process is now concluded. The Company now anticipates filing its Reports on Form 10K and 10Q's year ended 2004 and for first and second quarters ended March 31 and June 30, 2005 respectively during September 2005.

http://biz.yahoo.com/e/050830/tgtl.pk8-k.html

8.30 pm BST Tiger up almost 6 % :-)

Mr Mole - 01 Sep 2005 09:36 - 1291 of 1449

A bit of a recovery today. Too oversold yesterday perhaps and/or Tiger's 6% rise.

willfagg - 01 Sep 2005 10:25 - 1292 of 1449

I am not sure when we can confidently expect some news fromTGTL/WHOG.I cant say I am dissappointed with recent share performance but the GIZ has been launched an age now without any sales/trading update.

Mr Mole - 01 Sep 2005 10:31 - 1293 of 1449

I did recall from an earlier press statement (a few months ago now) that the company would produce regular trading updates to keep investors appraised. Doesn't seem to have happened. If I get time I'll trawl through the earlier posts and see who said it and when.
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