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ENVESTA TELECOM A NEW BEGINING (EVS)     

peteark - 24 May 2005 13:03

.

annbar - 14 Nov 2005 17:24 - 1624 of 1643

Impending news?

Remember DYOR

moneyplus - 14 Nov 2005 18:23 - 1625 of 1643

come on annbar--give us a clue!!

grassland44 - 14 Nov 2005 21:07 - 1626 of 1643

How long can shares be suspended for,anyone?

WOODIE - 14 Nov 2005 21:39 - 1627 of 1643

there is no time limit

Haystack - 14 Nov 2005 21:54 - 1628 of 1643

I have seen AIM shares suspended for more than a year.

superrod - 14 Nov 2005 22:07 - 1629 of 1643

your money ( and mine ) is history......move on and get it back elsewhere......still hoping for a minor miracle tho.

capetown - 15 Nov 2005 15:24 - 1630 of 1643

hi superrod,what do you think may happen at best?,dont need to know the worst as that is OBVIOUS,thx

superrod - 15 Nov 2005 22:42 - 1631 of 1643

capetown
only have 109k, so really cant be arsed to bother with this.a minor punt that failed miserably. i put it down to experience.
at worst ZILCH
at best?......BT offers to buy for 100million.
sorry to be flippant, but there IS no best imo.its nothing or 100 times that....ie NOTHING
hope you are not too badly burnt here.

luckily bought 40ks worth of PRTY sub 87p on a T10.....still 6 days to close :o)))

a result AT LAST.

capetown - 16 Nov 2005 08:03 - 1632 of 1643

Thx superrod,good luck to you

annbar - 18 Nov 2005 17:40 - 1633 of 1643

Our apologies re post 1624. Our source thought news was about to break and this obviously has not been forthcoming. Should anything break and we are about we'll let you know post haste.

Remember always DYOR

welassal - 07 Dec 2005 09:56 - 1634 of 1643

Any more news !!

tangle - 22 Dec 2005 00:07 - 1635 of 1643

Looks like this is now truly dead and buried! RIP!

welassal - 22 Dec 2005 09:00 - 1636 of 1643

What is happning in this case you just loss all your share !!

annbar - 17 Jan 2006 19:22 - 1637 of 1643

We thought it would be nice with a friendly start to the new year.

Remember to DYOR

moneyplus - 17 Jan 2006 20:19 - 1638 of 1643

I did Annbar but still--we all make mistakes!! resigned to the loss now. happy new year and some good profits to you.

gordon geko - 26 Jan 2006 16:56 - 1639 of 1643

what about all those lose ends cash shell with no cash looking for opportunites ???
has kevin Jauncey got another job yet ???

Haystack - 02 May 2006 15:24 - 1640 of 1643

Envesta Telecom PLC
02 May 2006

ENVESTA TELECOM PLC

('the Company')

On 8th November 2005, the Company announced the sale of the business and assets
of the Company's sole operating subsidiary, Seven Telecom Limited ('Seven
Telecom') by its administrator. At the same time, it was announced that,
following completion of the sale by the administrator, the Company had a
continuing debt to its bank of approximately 900,000, with other creditors of
approximately 170,000. The Company was unable to meet these liabilities and
reported that it would require the continued support of its bank and creditors,
and that the directors were reviewing possible alternatives for the Company.

Since that announcement was made the Board has explored in great detail the
possibility of the Company entering into a corporate voluntary arrangement,
which could have given the Company the opportunity of re-structuring and, in its
re-structured form, going forward into alternative business activity, and
thereby given shareholders a prospect of eventually recovering some value from
shareholdings. However, any corporate voluntary arrangement would have required
the support of the Company's principal creditors, and such support has not been
given.

In the circumstances, the Board has concluded that there is no alternative but
for the Company to be wound up. The Company has no funds available to cover the
cost of convening the necessary shareholders' and creditors' meetings to put the
Company into voluntary liquidation, and the Board has sought the financial
support of the Company's dominant creditor to facilitate this process. The
directors do not believe that, after completion of a liquidation there will be
any recovery by the Company's creditors, nor any surplus funds for distribution
to the Company's shareholders.

Given that the Company's ordinary shares have now been suspended from trading
for six months, in accordance with the AIM Rules, the Company's ordinary shares
will be cancelled from trading on AIM on 3 May, and no further announcements
will therefore be released.


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

evspete - 18 Jan 2007 20:31 - 1641 of 1643

I hear one of the ex workers now owns businessservicesuk.com

GordonG - 22 Feb 2007 16:53 - 1642 of 1643

also formjet

capetown - 23 Feb 2007 09:08 - 1643 of 1643

ROBBING OOOOOOOO!!
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