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Anyone in World Television Group????.... (WTV)     

explosive - 06 Mar 2006 21:20



World Television provides rich communications solutions to corporations, non-profit organisations and governmental institutions.

We are the global leader of webcasting and multimedia communication solutions delivering over 10,000 projects in 35 countries on 5 continents per year.

If you want to use television and the web to influence audiences, motivate employees, excite customers, change perceptions, or inform investors, our experience can help.

**************************************************************
26 May 2005 World Television Group Contract Win

World Television Group is delighted to announce that the UK Government's Foreign and Commonwealth Office has announced its intention, subject to contract, to award the British Satellite News (BSN) contract to World Television.

This contract, expected to run from October 2005, is for three years with a further two year option period. There will be an uplift in value to fund additional news story production compared with the previous contract. World Television has been providing this service for BSN under a previous contract which expires on 30 September 2005. The new contract was won against strong competition from leading broadcast news providers following a demanding tender process.

The BSN service provides daily news stories about Britain to around 440 broadcasters around the world, 5 days a week, 52 weeks a year. It is one of the world's most successful public diplomacy news services.

Jon King, Group CEO, says 'This confirms World Television as one of the premier news producers in the world. We provide the highest quality editorial and technical service for the Foreign and Commonwealth Office which meets their communication objectives and the needs of global broadcasters. Winning this major contract is testament to the talent, production excellence and hard work of our team. We look forward to the development of the BSN service in the future.'
**************************************************************
For Immediate Release 28 October 2005

World Television Group Plc ("World Television" or "the Group")

World Television Launches Expanded British Satellite News Service

World Television, the corporate communications, news production, webcasting and event management company, is pleased to announce the launch of a new expanded British Satellite News (BSN) service following the renewal of its contract with the UK Government's Foreign & Commonwealth office (FCO).

The contract, worth approximately 1.5m p.a., will run for three years from October 2005 with a further two year extension option period.
**************************************************************
For Immediate Release 16 January 2006

World Television Group Plc
('World Television' or 'the Company')

Contract Win

World Television, the international televisual communications company, is pleased to announce the award of a new 3-year contract by the European Space Agency ('ESA'), won in a competitive tender.

The contract for broadcast media relations support started on 1st January 2006 and will run to 31st December 2008. Under the contract, which is valued at 500,000 Euro over the contract period, World Television will support ESA activities around the world including satellite launches, missions of European astronauts to the International Space Station, planetary exploration and research milestones.

The Company will provide a full range of broadcast PR services which comprise strategic advice and planning, media relations distribution, monitoring and on-site support. World Television's media relations team will expand to support this contract and other client work.

Steve Garvey, CEO of World Television, said: 'We are delighted and proud to be working with the European Space Agency. The award of this contract reflects the Company's expertise in providing world-class broadcast media relations service through our international network. It adds to the growing list of international organisations that use World Television's services and makes ESA one of our most significant clients'.
**************************************************************

Taken from last interims 2006


Financial Highlights

* Group Turnover for the first 6 months 4.75m excluding other operatinh income (revenues from loss making subsidaries sold - Kamera Content and Foroso) (2005: 5.13m)
* Underlying turnover, reflecting recurring business, 4.75m (2005: 4.87m)
* EBITDA 116K (2005: 6K loss), pre-exceptionals and accounting for share options, the Groups first EBITDA positive result as a listed company.
* Operating expenses before exceptional items, accounting for share aoptions and goodwill amortisation 4.83m (2005: 5.30m)
* Write-back of 496K provision against HM Revenue and Customs (HMRC) claim.
*Profit before tax of 298K including HMRC calim write-back (2005: 352K loss)
*Cash position stabilised. Total net operating cashflow 6K (2005: (1,101)k), net cash outflow before financing 176K (2005: 1,489K)

Operational Highlights

* Rapid growth in revenue from corporate IPTV services
* Awarded 3-year contract for media relations by European Space Agency (ESA)
* Agreed partnership with PR Newswire Europe and Intercall in Australia
* Other new business wins include Central Office of Information, International Power, Siemens, Ernst & Young, Deloitte and eBay.


Trading Update


As the Company approaches its financial year end at the end of this month, the
Board reiterates its expectation made at the time of the interim results in
September that the second half of the year will experience revenue growth of
between 4% and 5% compared with 2005. The Company expects to issue more
information in its trading update in February 2007.


Convertible Loan Notes


The outstanding Loan Notes, which were issued in November 2004, fall due for
redemption at an amount of approximately 1.28 million by 31 May 2007, in the
event that the holders of these Loan Notes do not exercise the conversion rights
(into Ordinary Shares at an exercise price of 1p per share) which attach to the
Loan Notes.

The Board is actively reviewing options for resolving the Loan Notes in the best
interests of the Company and its shareholders. Further announcements will be
made as and when developments occur.


Stephen Kirk, non-executive Chairman of World Television, commented: 'I'd like
to thank Andy and Peter for their contribution as executives to World
Television's growth since they founded the company in 1991. They will continue
to offer the benefit of their experience as non-executives from the new year.
I'd also like to welcome Jim Hall to the Board and we look forward to further
developments to our technical strategy and product range under his guidance."

Brewin_research_201006.pdf
2007_CorpoateCalendar.pdf

moneyman - 18 Jan 2007 10:02 - 180 of 251

Regarding the ESA you might want to check out this link

http://www.world-television.com/index.php?id=28&news=79&newspage=1

moneyman - 18 Jan 2007 11:38 - 181 of 251

Volume is picking up nicely now. Hope we can get back to the 1.1p area.

BIZPACK - 18 Jan 2007 17:42 - 182 of 251

What is the reason for the big buying volume today?

explosive - 18 Jan 2007 18:16 - 183 of 251

Moneyman - Bizpacks post 177 and link shows all days from Dec 8 to Dec 23. A very good link I think with lots of info.

explosive - 18 Jan 2007 18:32 - 184 of 251

I think we will get back to the 1p mark as indicated. Lets not forget if the Loan Notes are not repaid they will be converted to 1p shares. The board said in the December webcast that money was tight so I expect they will want to convert into shares. For the Loan Note holders to accept this deal the sp will need to be around the 1p mark.

BIZPACK - 18 Jan 2007 20:14 - 185 of 251

I think you are wrong there explosive. The loan note holders could do all types of deals, like re-issuing the note under diffrent terms for example, or demanding re-payment, or even cause dilution by only accepting a lower conversion, say .05p.

They could of course have been looking for a partner like pr newswire, following the appointment of the new CTO to buy the note at a discount for example or a swap for equity at a rate that pr might demand.

The only other thing that springs to mind, is a bid from a third party, hence the buying two weeks ago and again today, as it was well over sold.

explosive - 26 Jan 2007 19:30 - 186 of 251

LONDON (AFX) - World Television Group PLC said it has agreed the terms of a 'heavily dilutive' refinancing which involves the issue of new convertible loan notes to raise 1.935 mln stg.
The proceeds of this issue will be used in part to replace the loan notes issued in November 2004 and to provide funds for strengthening the ongoing working capital position, the company said.

The 2007 loan notes have a two year duration, have a zero coupon, are redeemable at an amount of 2.25 mln, and are convertible at any time, in aggregate, into 900 mln new shares, representing around 54 pct of the resultant enlarged share capital.

World Tel acknowledged the terms of the refinancing are 'heavily dilutive to existing shareholders', but said that holders of the 2004 loan notes had indicated they were not prepared either to extend further the repayment date on their existing terms, or to enforce conversion, meaning the company must fund or refinance this debt.

In addition, World Tel's independent directors have considered the disposal of certain non-core parts of the business and one such disposal is at an early stage of negotiation. newsdesk@afxnews.com tc COPYRIGHT Copyright AFX News Limited 2006. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited

explosive - 26 Jan 2007 20:10 - 187 of 251

Now theres a slap in the face, the board have clearly gambled boom or bust!! A significant contract win to explain where the financing will come from is needed or I suspect the board will be voted out at the next AGM!! It also annoys me to think that not even a dilution offering to existing shareholders wasn't offered! I hope they have a deal waiting release as this news will serve only to aggrevate the already patience of shareholders.. :-(

explosive - 26 Jan 2007 20:36 - 188 of 251

Email sent to Steve Garvey CEO, will post response if any!

Steve,



After todays announcement I hope that a significant contract win follows. The board yet again tests the patience of its shareholders. Why doesn't the board offer a further placing to existing shareholders to raise capital which at least justifies any risk of dilution before the event? I don't expect you'll answer that question so I await the AGM where I can express my voice in the vote.



1.9m to provide ongoing working capital, this converts to 'expenditure' over/for X.

Regards,



John

BIZPACK - 27 Jan 2007 15:57 - 189 of 251

Explosive, you cannot vote them off the board, the concert party have full control. Screwing everyone time and time again, it seems.

The place to voice your complaints is the www.monitoring@disclosure.org.uk

GGekkko - 13 Feb 2007 13:00 - 190 of 251

Thought i'd pop over here to see you guys, the advfn board is deserted following banning of a number of posters.

Is anyone over here holding a large amount, and have you pledged support to the action group that has been organised on the other site?

skyhigh - 13 Feb 2007 13:27 - 191 of 251

Still grim after all these years isn't it ?

I only have a qty of 20k shares left.. not worth diddly squat !

I'm of the opinion (rightly or wrongly) that we'll not be able to influence whatever outcome comes about. However, I will go over to the other site and pledge support.

GGekkko - 13 Feb 2007 15:45 - 192 of 251

are there any others over here that have large holdings sky?

BIZPACK - 15 Feb 2007 17:59 - 193 of 251

I think there are only a number of small shareholders here GGekko. Are you a large holder?

I just looked at the WTV website and see that they are providing a trading statement soon. Do you have any idea if it will be positive?

At least the loan note problem is behind them and I expect the main shareholders will be looking forward to seeing the share price up. I feel there is hope for us yet. I need it to rise to about .75 to see some profit but I might top up if the trading statement is good.

skyhigh - 15 Feb 2007 19:25 - 194 of 251

I, (and probably a lot of others) need it to get 3p before I see some profit!

explosive - 15 Feb 2007 23:04 - 195 of 251

I'm in the same boat as you Bizpack but holding 200K in shares.

BIZPACK - 20 Feb 2007 20:36 - 196 of 251

I just logged in and checked the trades having run a historical list through a software tool that I have been working on explosive and if it is correct then we are due to see the sp rise tomorrow or the next day.

BIZPACK - 21 Feb 2007 20:37 - 197 of 251

What a perfect call, should continue with the rise. Good Luck

BIZPACK - 28 Feb 2007 17:41 - 198 of 251

Nothing will hold this down for long as we are bouncing off a double bottom.

It could be a fast rise to.75

explosive - 28 Feb 2007 20:46 - 199 of 251

With slower growth than expected WTV isn't showing much confidence. ****CONTRACT WIN***** is needed to show at least something positive and increase revenue streams.... At these prices WTV should be a good buy but I'm sure thats what others thought when they handed over 3p a share....
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