Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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.

willfagg - 27 Jan 2006 08:19 - 1423 of 1449

This is trading at $1 and has been $30 in last year!!

moneyman - 27 Jan 2006 23:27 - 1424 of 1449

If they sort it out then maybe WHOG will recover. Why the rise today ? News to come ?

hlyeo98 - 29 Jan 2006 09:30 - 1425 of 1449

this could easily double or treble at this price if good news come

astonvilla - 29 Jan 2006 19:10 - 1426 of 1449

There is no quick fix for the HOG.......Tiger shares are worth diddly squat...and thats if we could sell them. Its a long road back unless your thinking about a punt at this price then yeah may double short term.

Kivver - 29 Jan 2006 21:19 - 1427 of 1449

keep right on til the end of the road!

mtwallit - 30 Jan 2006 19:29 - 1428 of 1449

at these prices - was trading about 0.6 average - so its worth a punt - still think theres some mileage here (who bought 2 mil?) - technology reasonably sound

mtwallit - 01 Feb 2006 14:08 - 1429 of 1449

http://www.gizmondo.com/news/item.asp?id=1037
despite recent news ....

Jan 25, 2006 Free Speed Camera Add-on

Owners of Gizmondo Navigator 2006 can now add the UK's speed camera locations to their Gizmondo sat nav for free. Whilst driving, speed camera locations can be displayed on the map and a visable notification can appear on your Gizmondo screen to alert you to any nearby speed cameras. Speed cameras are also displayed when you plan a route on the map. The speed camera database can be downloaded and added to your Gizmondo Navigator for free by following the simple instructions, available here .Gizmondo will be updating the locations as we receive new databases, so keep checking back to get the latest version.

Also seems lot of people who like it out there, from gizmondo.com:-

Gizmondo fan sites!

Love the Gizmondo, looking forward to a new game or feature, or just want to air your two cents about Gizmondo news? Why not join your fellow fans at one or many of the Gizmondo fan sites available online?
After all, there's a worldwide following of people out there who breathe, eat and sleep Gizmondo, and to whom we're eternally grateful for their past, present and future support and suggestions. They'd love you to join them for some lively discussions and debate!

Check out:
Gizmondo Forums www.gizmondoforums.com
Giz Nation www.giznation.com
GizzedINC www.gizmondo.stu.ac
Gizmondo Central - homepage.ntlworld.com/justincastle/
Thudland's Gizmondo Land www.thudland.co.uk/GIZ.htm
GizmoSpain.com www.gizmospain.com

mtwallit - 05 Feb 2006 17:52 - 1430 of 1449

...!!! crikey

hlyeo98 - 06 Feb 2006 15:08 - 1431 of 1449

Up 60% today!!!

willfagg - 06 Feb 2006 17:18 - 1432 of 1449

think it must be punters having a gamble that as its so low , when(if) it has a good day they can make a buck. There sure isnt any good news and its down again in the USA today.....it will soon be the first negative share price ever!!!!!

arsenal1 - 06 Feb 2006 18:33 - 1433 of 1449

There was a article in last weeks Share mag about shell companies and this might have accounted for the price rise.

It could be a dead cat bounce or it is getting close to the deadline for shells to do a deal and something might be on the horizon, who knows? I don't?

Bugz - 08 Feb 2006 12:30 - 1434 of 1449

Painful drop today-hope anyone caught weren't too badly hit.

queen1 - 14 Mar 2006 13:03 - 1435 of 1449

Up 48% so far today. What's afoot?

arsenal1 - 14 Mar 2006 15:35 - 1436 of 1449

Most likely a dead cat bounce from its all time low. Just a change in the spread at these levels looks good.

Also getting close to the deadline when the company has to do something

Who knows, I do not?

A1

Andy - 14 Mar 2006 22:12 - 1437 of 1449

GIZMONDO SHOP IN REGENT STREET IS NOW BOARDED UP!

queen1 - 14 Mar 2006 22:49 - 1438 of 1449

Let's hope they're not still paying the ground rent.

mtwallit - 15 Mar 2006 20:23 - 1439 of 1449

could be anything - takeover or whatever of rights for software, patents, intellectual property.....

Tonker - 15 Mar 2006 21:16 - 1440 of 1449

This stock is dead... put your money into something better, like DMR! Only joking

mtwallit - 16 Mar 2006 11:27 - 1441 of 1449

well call me a cynic.. I refer to my previous post..
might find this article interesting if you read between the lines

http://www.reghardware.co.uk/2006/03/14/xero_mobile_gizmondo_smart_adds/


Ex-Gizmondo team form ads-for-airtime phone firm
By Tony Smith
14th March 2006 13:45 GMT
Three ex-Gizmondo Europe executives have have emerged as the minds behind US-based virtual network operator Xero Mobile. The start-up's pitch: offer mobile phone users free airtime if they'll put up with adverts being pushed to their handsets.
etc, etc on this page

m100 - 19 Apr 2006 08:53 - 1442 of 1449

anyone got any further news? still the rights of software etc to buy..??
in the meantime PCI is having a good run at the moment - given oil prices climbing due to Bush/Iran saga :-)
Register now or login to post to this thread.