Recently floated on AIM this company is currently a cash shell but the word on the grapevine is that a major deal (confirmation to be publically announced in about four wks) has been signed with a very well known private limited company with a reverse takeover into TWR! The limited company cannot be named by TWR for confidentiality reasons & Stock Market rules. However the company is rumoured to have a market cap in excess of 10mln.

SP is up today 94.44% just as the news of this is begining to get out and the buyers are now coming out in force!

Another Legins / Parker Rowe ramped disaster.

Dil,

Have you noticed how the SP has been rising since your post above! I cannot guess or comment on why

By the way, I have never ramped this stock but have simply commented upon facts, news & rumours which I have gleaned from researching for information available in the public domain. My interest in this stock is due to close personal friends holding this share after them being contacted by Parker Rowe. Please accept my apology if you think I've been ramping TWR but I would like to see them at least getting their money back. Despite the subject of TWR shares sold to unwary investors through the 'boiler room' salesmen tactics of Parker Rowe, hopefully there may actually be some truth of the future prospects in TWR with the potential of a reverse takeover/merger with Maskina and their aquisition of Transcom both of which have strong presence in USA & European VoIP markets.

From a TA charting perspective I have been tempted to buy some of these myself as various indicators have generated Buy signals but with a bid/offer spread of 35% a few days ago and even now at 18% it is more than I would be prepared to pay the MM's to aquire any of these shares at present.

I believe TWR has just 4 months left before the options to aquire 100% of Maskina in a reverse takeover will expire. If TWR are to excersise the option they will have to aquire Maskina by an issue of approx upto 243million shares that I guess will be at an average price of 7p (as per their last RNS) per share. This would give TWR having aquired Maskina / Transcom a market capitalisation of approx 17million.

I believe Maskina is expected to have shown a gross revenue of $38million to yr end 31 Dec 04 for Transcom. How this translates to profits is yet to be seen and I have not yet found any published details of accounts for either Maskina or Transcom. If anyone knows of the web links to where this info might be, will be of interest to see how well Transcom has been doing in terms of profits, particlarly as they have stated on their website they have consistently experienced an annual growth of 50%pa in sales of their VoIP products.

Now SP up another 25% so far today - something must be happening but what? Just goes to show that it is not a complete disaster Dil!

Looks like my pals investment are now at last back to break even!

and mine. its just what to do now!

mingbeaver, keep your eye on the charts overlaid with a combination of MACD, RSI(14)with a 10 day moving average of the RSI as a signal line & Momentum indicators and also be rigid in setting a stop loss limit. This should help you make the decisions as when to BUY, ADD, HOLD, or SELL.

i was thinking more heads or tails

Legins , if you throw enough darts eventually you will hit the buulseye.

Parker & Rowe are an unmitigated disaster and an unregulated bunch of cowboys imo based on their record to date.

How is the rest of their crap performing ?

Dil,

I have to agree with your sentiments towards Parker Rowe, but they have little or nothing to do with TWR or PSH share performances they just sell them to gullible private investors. Would you be happen to be one of them, hence the reason you now seem so bitter & twisted? Live & Learn, you won't make the same mistake twice. Didn't you realise it is a highly speculative investment into cash shell Plc's?

Fortunately Legins I am not a gullible person or should I say gullible enough to buy shares being pushed by a bunch of second hand car salesmen or to believe "100p by xxxx ... cos a birdie told me" (see your opening post on PSH).

Good luck.

fill your boots this will be 1.00 a share in 2 months.

I'm In :)

I perhaps feel 1 by xxxx is pushing it - I will settle for 12p :;)

anybody got any up to date news ?

The trading of shares in TWR on AIM are still suspended while TWR exercises the options granted to acquire 100% of Maskina AS. The last RNS of 25th Feb 05 below (news over two months ago) makes no mention to the fact that the loan to Maskina had been to acquire 100% of Transcom Communications Inc. a USA company established since 1998. TWR's options expire on 5th July 05. Therefore completetion of the reverse takeover/merger that is taking place must be fairly soon for this to be announced. Once this goes through, TWR will no longer be a cash shell and no doubt the suspension of trading shares in TWR will then be lifted.

It will be interesting to see how this effects the SP, hopefully this will then head north!

Tower PLC
25 February 2005



FOR IMMEDIATE RELEASE 25 February 2005


Tower plc
('Tower' or the 'Company')

Proposed acquisition of European based wireless communications company

Suspension of trading of Ordinary Shares

The Board of the Company notes the significant increase in the Company's share
price.

On 3 December 2004, the Company announced that it had entered into an agreement
(the 'Agreement') to provide a secured loan of up to 1,048,000 (the 'Loan') to
Maskina AS ('Maskina'), a USA and European based wireless communications company
(the 'Agreement').

Maskina has traded since the beginning of 2004 and has offices in Norway,
Iceland, Germany, UK and the USA. Maskina provides low-cost mobile voice and
data services utilising its expertise in advanced mobile data service platforms,
handset-based technology and voice over internet protocol ('VoIP') solutions.
Maskina's principal product enables mobile phone users to make international
calls at substantially reduced costs by utilising VoIP delivered by Maskina's
software platform. Currently, Maskina markets its services through selected
distribution channels to small and medium sized enterprises, mobile virtual
network operators ('MVNOs'), student and youth groups, mobile payment providers
and international non-governmental organisations ('NGOs'). Maskina's current
products enable mobile phone users to make international calls at up to a 70 per
cent. discount to mobile network operators' current pricing structures.

In addition, Tower announced that it had been granted an option to acquire the
outstanding issued ordinary share capital of Maskina, exercisable at any time up
to and including 31 July 2005 (the 'Option'). The Option enables Tower to
acquire the entire issued share capital of Maskina for a consideration of up to
243 million new Tower ordinary shares ('Ordinary Shares').

The Board of Tower confirms that, subject to the satisfactory outcome of the due
diligence exercise the Company is currently undertaking, it intends to exercise
the Option and has begun its preliminary due diligence. The exercise by the
Company of the Option would constitute a reverse take-over pursuant to the AIM
Rules and would therefore be subject to shareholder approval at that time.

Accordingly, the Board of Tower has requested that trading in the Company's
Ordinary Shares be suspended in accordance with the AIM Rules until the exercise
of the Option and publication by the Company of the AIM re-admission document at
that time.

A further announcement will be made in due course.

-ENDS-

Enquiries:

Vince Nicholls Roland Cornish / Michael Cornish
Tower plc Beaumont Cornish Limited
Telephone: 07767 420160 Telephone: 020 7628 3396




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

The only other news that may have a strong bearing of the decision by TWR's board of directors to exercise the options of acquiring 100% of Maskina AS is the court findings & ruling supporting Transcom Communications counterclaim against petitioner AT&T. The court ruling may be a significant competitive advantage to Transcom, Maskina and ultimately TWR with a reverse merger/takeover completed.

legins, have you got any shares in this ?

No I personally don't hold any , my interest and any research I've done is more on behalf of a friend who does and is nursing some heavy paper losses. How about you, are you holding shares in this company?

Another Parker Rowe disaster as mentioned in previous posts.

That reminds me, I haven't heard from them recently!

last time they were pushing Millennium Medical if my memory serves me correctly, not currently on an exchange, but they can get me in "pre IPO"! LOL!

Due to float in July, according to PR, but later in the year according to other boiler rooms that waste their phone bills ringing me, so take your pick on timescale.

And if they don't float?

Oh well you can always hang the paper in the little room.