.

so how did we get in this mess then I think this is it
hero to zero in not much more than 6 months

Again from the other side. A bad day.

peteark - 11 Oct'05 - 09:45 - 23796 of 23819


I know I said I would not post here again however as this is the end for Envesta I have a few words.

Looking back it was obvious the company where struggling financially, maybe this is why they dreamed up the idea of getting the general public to work for them for nothing. I remember having a conversation with Aneesha Burrell (marketing), I said this dealer system appears to me like an elaborate scam, she laughed and agreed.

I supose working on CCR I was under the impression if I got loads of business for Steve Evans he would look after me personally, the truth probably is he was never in a position to do so. He did use me terribly however and for that I will never forgive him.

It was not difficult to see the company where hanging on by a thread, as genuine honest people Advans and I spoke to a lot of people advising them to consider their investments, also saying the SP could go up or down. Neither Advans or myself made any money from Envesta infact we both lost. And the information we had was simply provided for us to continue working on in good faith. As to the truth of the information one would never know, until now I guess.

I would imagine there are some great people who have or are about to lose their jobs, to you guys I am sorry. And I guess there are other people who have got exactly what they deserve.

To the many friends I made here over the last year I hope you have a great Xmas and 2006 is a happy year for you and your families. My wife has managed to secure R&R from Iraq over Xmas so the children and myself are happy.

Its a bright sunny morning here in Germany I wonder if the sun is shining over Envesta Telecom at the moment.

Pete

WELL,this simpleton is SPEECHLESS!,

guess my trading days are over unless these come back to at least 5p

And why could not anyone see the writing on the wall.

All the rampers just tried to stop any alternative opinions. You were all warned time and time again.

HATSACK.............!!

the rise and subsequent fall were not evident in the RNS from the company I didnt see it coming and in fact put more money in and ive been scucessfully trading for more than 20 years just glad i didnt bank my house on it

Oh well back into the darkened room for a lie down.

Haystack you must admit for this complete reverse in 6 months even you are amazed, not so long ago you said the fall was overdone at 1p, so how they ended up in this mess must amaze everyone. The two Kevin's must be very worried about having poridge everyday in a darkened cell I think.

I did think the fall was overdone and I believe that investors have been misled in material ways in announcements. I have always thought that CCR was doomed and woyld never make money. The writing was clear when they mentioned problems with the main part of the business that was making money. Many people thought CCR was the answer, which it it clearly isn't. This is going belly up to the creditors. I expect a share suspension very soon.

Misled is very true I think, and they should be getting their porridge.

The difference in the trading statements from the 20/09 and today, are very different.

I still believe that there is value at these levels. If we are looking at say 500,000 in debt after 7 telecom is sold, then I cant see this going into administration. They will still have VOIP capability, which we have been told in the past has cost a considerable amount of money.

I still think that there is something going on in the background that none of us know about.
This week I would expect to see an RNS selling 7 telecom.
Also full year results.

Ii also forgot to say, that if someone was to come along and buy EVS after the 7 sale, then they will get 10.4 million in tax write offs.

Hi Paul masterson,
Looks like I'm right again...EVS is down below 0.5p today...and I think the administrator will come in soon. The directors gave misleading information about the company.

hyleo

How quite you have the gall to say 'looks like i'm right again' is beyond me. Whilst you as much as anyone else has a right to change their mind on a stock; you seem to have forgotten your posts on one of the previous EVS threads, one of which was in the vein of 10p by Friday or some such rubbish. Ramper turns against ramper. LoL :-))

PT,well said you beat me to it,
And we are at .55,so lets just wait and see,
I cant belive how many would love to see this go tits up,WHY?,we should all hope that all of us could make money,
I dont think that 15mill buyers of shares so far today can ALL be WRONG

It's a bit lively at the other place.

fusebox - 11 Oct'05 - 14:21 - 23944 of 23960


I have reported EVS and its brokers to the FSA this is the response i got...

Dear Mr xxxx

Thank you for your email that you sent to the Financial Services Authority's Whistleblowing Unit which is a specialist unit to take information concerning the financial services industry from employees who wish to blow the whistle on their employers where they feel concerned about malpractice.

The information that you have provided clearly does not fit with the remit of my particular unit. However, given your reference to possible market abuse issues, I have taken the liberty of forwarding your query to the FSA's Market Abuse Team. Should you have any further information that you wish to forward concerning this matter, then you can contact the Market Abuse Team on tel: +44 20 7066 4900 or email: market.abuse@fsa.gov.uk - I have also included here a web-page that may be of interest http://www.fsa.gov.uk/Pages/Library/Other_publications/market/index.shtml

The Market Abuse Team will consider any issues that fall within the remit of FSA. During this period of evaluation and any subsequent enquiries the FSA will not supply any feedback, this is because we are constrained from doing so by the Financial Services and Markets Act 2000 and of course any such feedback could jeopardise the result of our enquiries.

The FSA takes a risk based approach to regulation of the financial services industry and takes its powers from FSMA. Our four main objectives under FSMA are: to maintain market confidence; to promote public understanding of the financial system; to secure the right amount of protection for consumers; and to reduce financial crime.

Yours sincerely

Lis Brownbill
for Whistleblowing Unit

someone's blown a fuse .... LOL !

am i right in saying this company is bust?

who would but nearly 5 mill shares@.36 if it was bust????,

PM how are ya doing?

Has everyone forgot that EVS have Institutional backing for whatever plan they have, it's still a good gamble from here ....

"Over the last few months the Board has been in detailed discussions with a
number of significant acquisition targets that have the requisite attributes to
contribute to Envesta's focus on Retail Voice and IP Data delivery. Upon the
successful completion of these acquisitions, the new operating companies will
work together as part of the Envesta Group, moving towards using VoIP as the
chosen platform for delivering voice to end-user customers. The presentation of
Envesta's strategy to these companies has been warmly received along with
institutional interest in investing in the acquisitions."

And EVS just grabbed some cash from the Formjet holding - 59,000 worth ?

Formjet PLC
11 October 2005


For immediate release: 11 October 2005

Formjet plc

('Formjet' or 'the Company')

Holdings In Company

Formjet was notified on 10 October 2005 that Envesta Telecom plc has sold
2,636,610 shares representing a 3.03% shareholding of the Company's issued share
capital. Envesta Telecom plc now no longer has an interest in the Company.