http://www.brainspark.com/
Price 0.25-0.40 pence : 08.11.04
Trades over 60,000 Shares are delayed in reporting by 1 Hour.
Daily Execution Price and Volume


Brainspark Plc is an AIM listed company, focusing on investments in best-of-breed Information & Communication Technology (I&CT) primarily in Europe and Israel.
The core competence of the Company is the vision and the understanding of I&CT, and how these technologies will be key for the creation of break-through applications, combined with an international network of excellence among researchers and entrepreneurs.
The advent of broadband will have a major impact on the way businesses operate providing opportunities for new services and contents
We believe it is a timing issue, rather than a 'will be' issue. Brainspark is positioning its portfolio of investments to be ready to take advantage of the broadband opportunities when they become available.

Shares in issue 192m 1p ORDS
Major shareholders
Major Shareholders.................Amount................% Holding
Cross Atlantic Technology Fund.....33,916,050.............17.64
Company Directors
Francesco Gardin...................31,903,278.............16.59
Alberto Agosta......................2,527,273..............1.314
Edward Burman.........................681,818..............0.355

Brainspark have investments in the following companies:


www.geosimcities.com
Geosim Systems has developed proprietary technology for automation of the production process of 3D models as a product derived from satellite and aerial images. This technology will be applied in standard products for the creation of very high resolution 3D models of towns and other locations, and will be accessible via broadband Internet.
Geosims technological partner is Argotek, owned by the FORMULA Group (NASDAQ-FORTY), one of the major Israeli software companies.
Geosim Systems was founded in Israel five years ago as a satellite company of Tiltan System Engineering Ltd (TSE) by a group of technical experts who had been members of the Israeli Air Force.

From November 2003 to January 2004, Brainspark made a further investment in
Geosim Systems Limited (51.75% owned by Brainspark) of
US$50,000. GeoSim is an Israeli company, whose main business purpose is the
creation of 3D models of cities and other areas of special interest. GeoSim's
management believes its state-of-the-art technological tools allow cost and time
saving in data collection and 3D modeling process. GeoSim realised revenues in 2003 of about US$400,000 (#240,000) mostly in the second half of the year and is expecting to make further progress in 2004, particularly in the USA where the
main focus will be on developing Homeland Security applications and in Italy
where the Company is in discussions with local authorities in a number of
historic cities.

www.theusabilitycompany.com
SOLD 320k


www.metapack.com
MetaPack's mission is to make traditional supply chains more responsive to individual customer needs. We provide zero defect fulfilment that attracts, converts and retains valued customers at the lowest cost to serve. We are helping retailers to: extend range availability in smaller stores reduce the cost and improve the service of online fulfilment implement web-based ordering throughout retail offer the widest range of delivery options revolutionise services in shopping centres MetaPack works for companies such as Boots, British Land, GUS (Reality), M&S, Sky and WHSmith.


www.kerb.co.uk
Kerb, winners of various major industry design awards (including a Design Week Award and the Yell Award for best use of e-commerce), and the Future UK Internet "Web Agency of the Year" award, are a Full Service Digital Agency based in Brighton consisting of 20 people, and have built a reputation for producing high quality, funky, cutting edge Internet sites, CD-Roms, and web-based games for clients. These UK clients include: Pepsi, Electronic Arts, Mathmos, Scottish Telecom, EMI, the Mean Fiddler, Elida Faberge, Flextech and Petspark.com (one of Brainsparks incubated companies). Kerb also have clients in Switzerland, Japan, and Hong Kong.


www.fortune-cookie.com
Fortune Cookie creates award-winning online solutions. From consultation to actual implementation of the chosen route, turning difficult technical propositions into simple and dynamic realities. Fortune Cookie is a global brand with global coverage, and an integral partner of Brainspark and the partner companies.
On 4 December 2003, the Company increased its percentage ownership in
Fortune Cookie (a company which offers strategic thinking, design and build
services in web and wireless technologies) from 25% to 29.44% by capitalising
#48,176.39. This transaction puts Fortune Cookie in a better financial position
to enter into discussions for potential mergers to enlarge its market share and
to participate in a large innovation project overseas.


www.easyart.com
Easyart.com is the UK's largest online retailer of reproduction prints and limited edition art. It offers over 40, 000 fine art and photographic prints, with more being added every day, plus made-to-order picture framing.


www.traderserve.com
TraderServe is an application service provider targeted at professional traders, offering them a flexible, highly sophisticated, yet easy-to-use, modelling system for financial and futures markets.


www.sanvicentegroup.com
The shareholders of the company are prominent financial institutions, corporations and technology entrepreneurs from throughout North America and Europe. The company is led by a board of directors with extensive experience in the venture capital industry.


www.acsys.it
Advanced Computer Systems (ACS) are involved in the design and production of ground stations for the acquisition of data from remote sensing satellites; analysis and processing of digital images; geographic information systems; virtual reality; management of large amounts of information. It is currently preparing the complete digitalisation system of the radio archives and production for RAI (Italian State Broadcaster).

www.smile-on.com
SOLD 220K


www.impression.it
Impression created in February 2000 by a group of Internet experts operating in the ISP sector (Internet Service Provider) provides high added value quantitative and qualitative analysis of accesses to web-sites and detailed online reporting.


www.ludonet.it
Ludonet, founded in 1995, is a leader in the development and management of online entertainment and virtual community solutions.

In September Interims directors highlighted consolidated NAV position of 3.3m and described this valuation as conservative. Directors are paid in options/warrants at 1.1 - 1.31p/share. Given two investments that carried a book value of 22,000 in these results were sold for over 500k, how much is the remainder worth?

192m shares in issue
Mid-Price...........NAV / Market cap equivalent
0.30p................0.58m
0.40p................0.77m
0.50p................0.96m
0.60p................1.15m
0.70p................1.34m
0.80p................1.54m
0.90p................1.73m
1.00p................1.92m
1.10p................2.11m
1.20p................2.30m
1.30p................2.49m
1.40p................2.69m
1.50p................2.88m
1.60p................3.07m
1.70p................3.26m
1.80p................3.45m
1.90p................3.64m
2.00p................3.84m

LOL

4pm rally ???

last chance!!!! going going!!!!

What a load of tripe Katcenka.

healthy though

Bangkokbang - 2 Nov'05 - 18:01 - 2791 of 2791


whats does it matter weather its days or weeks, we know the legal documents will be completed shortly..(but how long is shortly) but when do they get signed is the big question, being the private equity firm is in the USA, it wont get announced until the late afternoon or evening also, this is my guess, they announced the things were progressing last week, being they are legal documents, they will require checking and re checking, this can take days, then the documents have to go over to the USA, the private equity firm will get the solicitor to examin them, and if there any disagreements the documents will have to come back to the UK for amendment (Which is highly likely).

They will get re-checked again, then sent to the USA and the process will start all over again, once both parties are happy with the documents, they will then set a date for signing..

so we are talking a minimum of two weeks and a max of 1 month, so December is the likely time we will get an RNS, but then again I could be completly wrong, its best to just sit back relax, and ignore what goes on here until that RNS is delivered to our ever eager eyes

The summary from Shares Mag end of last week was interesting, we shall see if they are right;

Traders looking to make a profit on Brainspark should consider taking their profits while they still can. Once the identity of the mystery buyer is revealed - and it is unlikely that either Microsoft or Google will come in for it, especially at this stage - the share price is likely to drop back to prebid levels

But both these recent Sharesmag statements cannot be correct,
can they?

September 2005:

i. the stake could have gone for a higher
price but did not because Brainspark had failed to
appreciate the full value of Geosim.

November 2005:

ii Once the identity of the mystery
buyer is revealed and it is unlikely that either Microsoft or Google will
come in for it, especially at this stage the share price is likely to drop
back to pre-bid levels.

I'm not sure that either is correct but the former,
after allowing for the facts that a sale of only half the BSP GeoSim
holding was being discussed in September and
those discussions had not reached a legally binding
agreement stage anyway, might be a better pointer
than the latter but all imho so very much dyor

BSP have notified their landlords
that they will be surrendering their office
lease in March 2006. No relocation plans were
announced. Does BSP expect to be trading
as a seperate entity after March 2006 Quarter day?

DYOR

well the share mag had a lot of incorrect information... so its best to ignore it, some shareholders are considering legal action against the magazine... read this, comments have been put next to bits of the article

Going all Googly over Brainspark

Hope springs eternal...so how old will traders and investors with Brainspark (BPS:AIM) positions actually be before the stock starts to live up their initial hopes? A long time it seems. Technology incubator Brainspark has been a major disappointment since its float in early 2000 and the share price has reflected that - falling from a high of 132.5p to a staggeringly low of 0.2p (5 May) within four and a half years as traders and investors avoided it like the plague. But in recent months, Brainspark's share price has staged a remarkable comeback and it now trades at 2.23p - a rise sparked by rumours that it would be taken over by a private equity house. ((actually thats not a rumour, we have the RNS thats states it is happening)... MISTAKE NUMBER ONE)

That was only partially correct: Geosim systems, an Israeli software company that is 50.1% owned by Brainspark, is set to be bought by a so-far unnamed private equity house and more details are expected before the end of the year.

But according to some Bulletin board posters, traders and investors should regard the private equity house as a mere stalking horse for either google or microsoft. The gossips claim one of them will aquire Brainsparks Geosim stake before buying it outright, as both are rushing to put online 3D mapping services.
One post message states:'there is so munch info available...it proves Google are working with Geosim...so somehow its a sure bet we are in the money - going to be a good Christmas'. (Thats what i said ;-)

Geosim produces software which allows people to model 3D landscapes (Wrong... MISTAKE NUMBER TWO, GEOSIM DOES 3D CITIES NOT LANDSCAPES www.geosimcities.com) and the argument would have greater credibility were it not for three important factors. Firstly Google acquired digital map maker Keyhole for an undisclosed amount last month.(Keyhole DOES 3D LANDSCAPES NOT 3D CITIES - MISTAKE NUMBER 3)
Secondly Google has been offering an online 3D mapping service to all and sundry since June (We know, but the 3D buildings need to be incorporated into google earth)
Thirdly, its far from clear whether Google has had aby dealings - prior or otherwise - with Geosim (FOURTH MISTAKE... i PROVIDED THE LINKS FROM GEOSIM ALL THE WAY TO KEYHOLE AND ALSO GOOGLE KNOW GEOSIM WELL...)

Microsoft makes very few aquisitions, even though it has the cash, and its attention is focussed on beefing up its online security unit (WHAT BILL GATES CAN ONLY GET HIS STAFF AND DIRECTORS TO WORK ON ONE THING AT A TIME... IDIOTIC POST) earlier this year it bought anti virus producer sybari systems.

Traders looking to make a profit on Brainspark should consider taking their profits while they still can. Once the identity of the mystery buyer is revealed - and it is unlikely that either Microsoft or Google will come in for it (HOW DOES HE KNOW... INSIDER KNOWLEDGE OR WHAT), especially at this stage - the share price is likely to drop back to prebid levels (AND THIS LAST SENTENCE WAS THE MOST FUNNIEST THING I EVER READ.... OERR MR HO, YOU CLOTT, HOW CAN IT GO TO PREBID LEVELS WHEN WE KNOW GEOSIM IS GOING FOR MORE THAN 10MIL DOLLARS AS PER THE RNS + ACS IS TO BE ANNOUNCED AND EASYART IS INTENEDED TO GO ON THE AIM)

TO ME THIS IS FANTASTIC ARTICLE - FULL OF ERRORS AND A GREAT ADVERT FOR PEOPLE TO CONSIDER WHETHER OR NOT TO TAKE A RISK... SMALL AS IT IS, IF YOU CAN MANAGE TO GET HOLD OF SOME SHARES... I AM SURE WEEK HOLDERS WILL EXIT, BUT SHARES IS BOUT RISK.... AND I AM STICKING BY BSP ON THIS ONE...

Good points may, and I am still very open minded shares mag will be wrong again.

Paiser - 20 Nov'05 - 12:26 - 123 of 132 moderate post | add to banned list


Bill Gates has announced his vision of the future and a large part of that vision is in Three Dimensions


On his 50th Birthday, Bill Gates, Microsoft founder and multibillionaire, let his guard down and loosely spoke about his vision of the future. And when Gates announces his vision of the future, everyone should take notice, because with money, control, and a company like his, the future will be whatever the man wills it to be.

A lot of the futuristic 2015 things that Gates mentioned are interesting, but have nothing to do with DCC. Included is the coming obsolescence of paper, aided by high-speed wireless internet, and cell phones that can translate signs in foreign countries.

His more immediate vision does concern DCC, however. Gates wants to do away with the 2D, flat way that information over the web is delivered to us. Super fast internet connections and improvements in hardware will make possible a world wide web that gives us information in 3D.

Gates explained his vision of a 3D future as the ability to access distant places from your living room: "You'll be walking around in downtown London and be able to see the shops, the stores, see what the traffic is like. Walk in a shop and navigate the merchandise," he said. "Not in the flat, 2D interface that we have on the web today, but in a virtual reality walkthrough."

In fact, according to Gates, Microsoft is already spending "hundreds of millions of dollars" to create a photorealistic 3D map of the whole world in which we can all interact.

Sound familiar? It should. Google already has a 3D map program, called Google Earth. Google Earth allows you to zoom through the streets of San Francisco and a few other cities that the Google team has 3D scanned. If you havent already, you should try it out. The program has 3D boxes that represent real buildings in the area.

It seems that Google and Microsoft are on to the same thing. They want to make it so your web surfing experience is focused to a geographical location. That way, we can get the benefits of both the web and real life the web has the ability to take you anywhere instantaneously, and real life is, well real.

Microsofts vision definitely one-ups what is currently in place with Google Earth. Google Earth only lets you see gray boxes that represent buildings. One would presume that in Gates world, not only would the buildings be realistic, but you could actually walk into the stores, which would be the analog of clicking on a lick to go to a website.

If (and when) Gates vision is finally realized, it will lead to a whole growth industry in 3D modeling. Then there will be enormous demand for a newly designed 3D website that allows users to navigate the stock of a store as they would in real life. The layout and placing would no longer be constricted by things in the real world. For example, jewelry may float in the air instead of stay behind glass cases. This gives the 3D designers in charge of making these online storefronts much more flexibility.

In fact, ideas like this have been tried before but they have failed because it was technologically before their time. With Quicktime VR, an Apple product, and some other similar programs, people took panoramic pictures and put it on the web, which allowed web users to get a 360-degree view of whatever view the designer could photograph. There were also efforts at creating a 3D store on a few websites that fell flat on their faces in a matter of moments. (They were never truly 3D, just some 3D renders of a fictional storefronts that you could navigate through as if you were in the game Myst).

What will make this 3D future possible in the near future are massive advancements in technology. Ultra-fast internet connections will now allow for the high amounts of 3D data to be transferred over the web at bearable speeds. At the same time, hardware in the form of graphics cards and processors will be able to process the information and display it seamlessly. Finally, software will be able to compress the information on one side and decompress it on another so the 3D information is highly accessible.

These improvements in technology are happening today at a rapid pace. It seems that it will only be a matter of years until these three trends make technology ready for Gates vision. And when they do, we can expect that the entire way weve been doing business online will be dramatically changed.
**********************

Ok who can do this better than anyone else, yes GEOSIM.

Monday, October 31, 2005
Bill Gates is spending on 3D globes too
DCCCafe Weekly reports on Bill gates' vision for the future, and it contains some intriguing tidbits relevant to 3D virtual globes. (Sourcing is not clear in the article as to when and how Gates's opining was recorded):

Gates explained his vision of a 3D future as the ability to access distant places from your living room: "You'll be walking around in downtown London and be able to see the shops, the stores, see what the traffic is like. Walk in a shop and navigate the merchandise," he said. "Not in the flat, 2D interface that we have on the web today, but in a virtual reality walkthrough."
In fact, according to Gates, Microsoft is already spending "hundreds of millions of dollars" to create a photorealistic 3D map of the whole world in which we can all interact.
...
It seems that Google and Microsoft are on to the same thing. They want to make it so your web surfing experience is focused to a geographical location. That way, we can get the benefits of both the web and real life the web has the ability to take you anywhere instantaneously, and real life is, well real.
So are we now looking at three contenders for next-generation browser? I wonder what Microsoft's will be called, now that obvious candidates "Explorer" and "Earth" are taken.

http://www.ogleearth.com/2005/10/bill_gates_is_s.html

share mag got it really wrong ;-)

going back up ;-)

Update on investments

RNS Number:4523U
Brainspark PLC
21 November 2005




FOR IMMEDIATE RELEASE 21 November 2005

BRAINSPARK PLC ("Brainspark" or "the Company")

Update on Investments

Investment in Geosim Systems Limited ("Geosim")

Further to the announcements of 26 October 2005 and 11 August 2005, Brainspark
now announces that, together with Geosim and the other shareholders in Geosim,
the Company have entered into a convertible loan agreement with CRASH Ventures
LLC, a US private equity firm, (the "Firm") (the "Geosim Agreement"), a Oregon
limited liability company.

EasyArt acquires WorldGallery assets and appoints new CEO

Rachel Elnaugh, former chief executive of Red Letter Days and panellist on
BBC2's Dragons' Den, has been appointed CEO of Easyart.com, the UK's leading
online art and framing retailer (www.easyart.com). Brainspark holds an 19%
equity position in the company.

Ms Elnaugh, 40, will have the opportunity to acquiring up to 20% of the business
through a mix of personal investment and share options. She takes over from
founder Simon Matthews, who will continue to work with the company as an
advisor.

Easyart.com have announced the acquisition of rival art portal
Worldgallery.co.uk. for a consideration of 27,539 new Easyart Holdings Ltd D
shares, valuing the acquisition at # 137,395 or #5.00 per share.

Following the issue of the new shares, Brainspark will own 54, 690 Easyartshares
representing 17.6% of the total Easyart share capital.

INTERESTING RNS

LONDON (AFX) - Brainspark said TraderServe, a software vendor and
consultancy in which it holds a 34.6 pct holding, has launched a new range of
products for compliance with MiFID best execution requirements.
Brainspark said in a statement that this is a significant step for
TraderServe after a long period of development and the products are expected to
be adopted widely by investment managers seeking to comply with FSA requirements
on best execution.
These products generate significant savings in transaction costs and are
expected to make a significant impact on TraderServe, it added.
The EU Markets in Financial Instruments Directive, which comes into effect
at the beginning of 2007, will introduce a single market and regulatory regime
for investment services across the 25 member states of the European Union.
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