after yesterdays agm statement the share price has risen 50% how much upside is left or is this another false dawn?
http://www.alexa.com/data/details/traffic_details/thewellnessshop.co.uk
womans hour link below.
http://www.bbc.co.uk/radio4/womanshour/04/2008_08_mon.shtml

See post 1478 for starters.

Expecting Chancellors (G. Osborne) Autumn Statement to provide a financial uplift in finance into the Mental Health National budgets.

Suspect there will be a provision for early stage CBT as part of initial / preventative treatment, given the dire state of the UK MH system.

Perhaps more contracting for ULT in pipeline.

DYOR

HAb

Ultrasis major investor avoids refinancing plan
Ultrasis said major shareholder Paul Bell has, after undertaking due diligence, confirmed he is not prepared to participate in any refinancing proposal for the company at this time.

================

this has always been a very silly little company and must surely now be doomed

Looks like it is the end of the line early 2015.

Currently +120% on very tenuous speculation.

Suspect that ULT has much further to rise if good news RNS is imminent.

Could be financing deal or perhaps the Government have had a strategy change on UK mental health, given the amount of Anti-depressants the UK population is taking.

CCBT could prove a viable alternative to the vast pharmaceutical / drug costs. Healthier for patient too.

However it must be noted that ULT management are very conspicuous by their absence!!

DYOR

HAb

not sure about speculation. what have you read

Announcement regarding share price movement

Proposed Refinancing

With major shareholder back on side and financing sorted, the SP should regain near to its longer term median perhaps @ 2.2p.

In addition, with the extra spending on mental health issues by International & UK governments and large companies, revenue streams should increase to suport fundamentals.

I suspect the near term SP to reach back to 3p by end H1 2015; perhaps higher. However, given the massive sell off and shorting activity, expect lots of 'trickery' by MMs to gain stock for large order filling etc.

DYOR

HAb

bought back in today @.0035p..saw it go up to .006 and was tempted to sell but stayed in only to see it come all the way back down to where it ended up COP... think I'll stay in for a while and see how it goes

Hiram Abif.. I like your optimism, Be interesting what happens to this next year

I was hoping ULT would continue upwards after the end of last year - any news ?

will be by 31st jan

why then ?
You gorgot to put a year :)

forgot - should be able to edit a post !

Better late than never!

("Ultrasis", the "Group" or the "Company")

Results for the year ended 31 July 2014

Ultrasis, the provider of interactive health care services, announces its audited financial results for the year ended 31 July 2014:

· 94% increase in recognised revenue to £1,833,000 (2013: £941,000)

· Invoiced sales increased by173% to £1,968,000 (2013: £719,000)

· 80% increase in operational costs to £3,791,000 (2013: £2,149,000)

· Operating loss before exceptional costs reduced to £1,424,000 (2013: £2,768,000)

· Significant investment in both human resources and estate to provide national network of delivery has seen the team grow from 40 to over 65

· Three acquisitions during the period enabling the Group to diversify the range of products and services available

· Proposed refinancing (announced post year-end) for over £5.05 million of investment in new financial year, subject to shareholder and Takeover Panel approval. The Board expects to post a circular to shareholders with regards the proposed refinancing in February.

John Smith, Interim Executive Chairman, said "The Group is looking ahead to maximise the significant financial and strategic investment made in both its human resource and physical estate during the past 12 months. We look forward to further progress in 2015."

Going forward

Today's results provide details of the Group's activities for the financial year ending 31 July 2014 but much has happened since the year end. The Board and the Senior Management Team remain focused on growing the business and returning it to profitability by delivering on our strategy to become a leading provider of health and social care services.

The acquisitions we have made, and the contracts we have subsequently won are now contributing significant and regular income to the Group.

Crucially we have provisionally secured over GBP4.55 million of new investment in the Group from Mr Paul Bell, Directors and others and, in addition, the opportunity to raise up to a further GBP500,000 by way of an open offer to our shareholders. This investment is subject to approval by both the Panel on Takeovers and Mergers and independent shareholders. I want to take this opportunity to make it clear that without this proposed investment the Group will not be in a position to continue to trade, and therefore I would ask all shareholders to carefully consider the future of the Group, and I hope, show their support at the forthcoming General Meeting which is expected to take place in March. I also want to take this opportunity to again publically thank Mr Bell for his continued involvement both financially and strategically as we continue to implement the Board's strategy to bring success to the Group

anyone in the know what is going on?

I don't think that even those in the know know what's going on, I know I don't know, I doubt if I ever knew! What I do know is that all will be revealed very soon, apparently! :o)