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

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)

From the 2nd March RNS:-

Ultrasis, the provider of interactive health care services, announces that further to the announcement of 15 December 2014, the circular to shareholders to convene a General Meeting of the Company (the "Circular") to consider the proposed refinancing is well progressed.

It is anticipated that the Circular will be posted to shareholders shortly, along with notice of the Annual General Meeting.


Tick tock.

Hi kim-do not think 2nd march rns has got anything to do with it as sp would have reacted then I would have thought, so none the wiser

I think the ambiguity of the RNS did no good for the sp at the time, I can't understand why it was put out really.

still none the wiswer-at 12.04 600.000 shares traded at 15 yet still shows as 0

It could be something to do with MAM's problems today Robin, prices are a bit all over the place!

There is only one trade (PLUS apart) showing as a sell - 600,000 @15p.

Dispatch of Circular, Notice of General Meeting and Notice of AGM

http://www.independent.co.uk/news/uk/crime/online-gambling-companys-director-arrested-in-21m-fraud-investigation-10141491.html

Suspension of trading in the Company's shares.

As announced on 17 March 2015, the Company has posted a circular to shareholders with regards a proposed Fundraising that comprises a Subscription for New Ordinary Shares, Open Offer of New Ordinary Shares and New Facility Agreement. In aggregate, the Fundraising and New Facility will raise up to £5.375 million

The Circular also included details of a Share Capital Reorganisation, Waiver of obligation under Rule 9 of the City Code on Takeovers and Mergers and Change of Name to 365 Health Solutions plc. The Fundraising cannot proceed without Independent Shareholder consent being obtained to approve the Waiver.

The proposed Fundraising and refinancing is significantly reliant upon Mr Paul Bell, Ultrasis's largest shareholder. The Company remains reliant on Mr Bell to meet its future working capital needs, but has not been able to confirm with absolute certainty if Mr Bell remains able to proceed with the proposed Fundraising.

As a result, the Directors believe that, without the additional funding that would be made available to the Company via the Proposals or any other material injection of funds, the Company will not have sufficient funds to enable it to continue to trade. Accordingly, the Directors of the Company have requested suspension of its shares pending clarification of its financial position and the ability of Mr Bell to proceed with the proposed Fundraising.

The shareholder meeting to approve the proposed refinancing is scheduled for 14 April 2015.

The Company will update shareholders as further information becomes available.

They forgot to mention that they are considering re-naming their 'Beating the Blues' programme 'Creating the Blues'! (Allegedly) :o)

Ah, memories! :o) Also sung by Tommy Steele, it was his only No.1 hit, a bit like Ultrasis and 'Beating the Blues'!