I have been undertaking some research on Hot Tuna following a tip in todays issue of the Sunday Herald. I have tried to access the Hot Tuna company website at www.hottunaplc.com but you need to have a user name and password to enter the site. The website in Australia, www.hottuna.com.au , is suspended and the site in the USA, www.hottunausa.com , is presently parked. Can we have much confidence in a company aimed at the youth market that is unable to maintain an effective presence on the web?

Looking at the background of the Chairman, Ranjit Murugason, his experience seems to lie in the airport business.

Should we take this fledgling company seriously?

You ask a good question. I was "sold" this company by a well known IPO broker back last Sept when the company floated at 50p. At the time and with the info I was provided with it made a lot of sense. They were in a growing market, had good ideas on expanding into "Lifestyle" were going "high profile" by sponsering surfing events and were opening shops as well as getting their brand into other "high profile" shops. I sold out in April for a loss simply because the company didn't appear to be doing what I was led to believe they would do. Also they appear to have a "communication problem" as you rightly point out. I apprecite that seven months isn't long but I was given the impression that this company was going to fly and quickly follow their peers. However, the market has been severe on virtually everything so with better news, communication and a rising market things could change but I don't think that I will go back in for them.

Looks like severe Bad Luck, or a Con - - - I wonder?

Damn silly name - and very little support by Investors - moreover I dislike non-uk Co's that appear to be listing "overseas" - as far as their operation is concerned - it seems that they might ( and I do not know!), trying to hide something - why would you go to the inconvenience of a London Listing when there is a perfectly good Market closer to home.

The reason the website is "off"? - maybe it's due to a total lack of prospects for customers - and investors alike.

As you say, it's pretty poor not to have a Website, for a business aimed at youngsters.....there is practically no newsflow and a sp that's fallen steadily over the last year...Bad show....It's investments like this that give AIM a "Bad Name" and should never be allowed to grace the London Market.