Moneylender
- 23 Jan 2003 08:09
blinger
- 08 Dec 2005 20:55
- 2050 of 2262
The TAD barmy Army appear to be realising the truth I have told them for weeks -NO EGM-OK?
The main thrust of the` revolting ones` web site, has now turned from the poll to find out `who wants to do an EGM`( as if it was like starting a share-club)- 54 people voted, out of 40,000 possibles (their figs.!),30 people said yes.
Now these people are adament that they will....
1. Call an EGM
2.Carry their wants on an EGM
3.Sack directors ditto
4.Replace them with minority shareholders
hark!!!-CUCKOO-CUCKOO-CUCKOO,
and have now replaced their thrusting agenda with another poll,about how much a tiny portion of TSAD Group is worth.
Give up for goodness sake , before you look total fools, sell on a bit of strength and buy something simple -FTSE Tracker`s are for` cardies`.
Suits you Sir- suits you!!!!!!!!!
ps the "U.S. contingent" which wound you lot up , must be having a laugh.
Moneylender
- 08 Dec 2005 22:50
- 2051 of 2262
TADPOLE SHAREHOLDERS TAKE MATTERS INTO THEIR OWN HANDS AND PUT REBEL DIRECTORS UNDER THE COSH
Tadpole Technology PLCs shareholders army organizes to fight Board coup
LONDON (December 7, 2005) The small shareholders of Tadpole Technology Plc (LSE: TAD) have had all they can take. For many years, Tadpole has been a favorite of the small shareholders who are extremely active on internet bulletin boards. They have had an unswerving, almost messianic, faith that the company will succeed. There are reputed to be 40,000 small shareholders and no big institutions. Now, the Tadpole Army has gone beyond just posting on discussion boards and organized to fight a Board and management shake up that would be the fourth in less than three years.
Tadpoles shareholders faith has been tested in the last few years with the sale of its original hardware group and the subsequent departure of two Chief Executive Officers and appointment earlier this year of a third to one of its groups, now known as the Streaming Division.
The current CEO of Tadpoles Streaming Division and Tadpole director, Steig Westerberg, along with his long-term associate and Tadpole Non-executive director, John Dilts, want to reorganize management again by calling an EGM with the intention of ousting the current Board Chairman, David Lee, and installing two new directors of their choosing after Lee and the rest of the board refused to support a funding package they put forward.
Mr. Westerberg came to Tadpole as a result of an acquisition in October 2004 of his company, Stream Theory, for approximately $25 million in Tadpole shares, making him and other associated employees and investors the largest block of Tadpole shareholders with about 40M shares. It seemed, given their position, that they reckoned imposing their will upon the company would be easy. What has happened, however, is that it has served as a rallying cry for small shareholders who have organized with the intention of giving Messrs. Westerberg and Dilts the boot if they cant resolve these board room differences and come up with a sensible funding plan.
The Shareholders Group has a number of complaints against Messrs. Westerberg and Dilts:
Mr. Westerberg has yet to deliver any revenue-generating deals beyond the one that was already expected with the acquisition of Stream Theory. This despite his statements at the EGM, held last year to decide on the acquisition of Stream Theory, indicating that several deals with a sales cycle of 3-9 months were in the pipe. In the fourteen months since then, nothing has appeared.
His share sales over a prolonged period earlier this year are also believed to have contributed to the large decline in Tadpoles share price. His calling of an EGM a month ago and then its subsequent postponement and the associated uncertainty and continued low share price have finally tipped shareholders over the edge.
Add these failings and others together with strong sentiment among shareholders about the proper constitution of a board and you have a growing group representing a surprisingly large number of shares to challenge the coup.
They do not want to see Tadpole become an American company or its successful Geospatial Division pledged as sureity again the success of Streaming Division. Messrs. Westerberg and Dilts and their proposed new directors are American and in many shareholders eyes, lack the independence and accountability expected of a UK NED.
Statements on the website of the Tadpole Shareholder group, say, in essence, The small shareholders are very angry at the failure to produce any deals during a period when the Geospatial Division has shown consistent success working within the same constraints. They are angry that the use of an EGM call as a blunt bargaining tool is damaging the share price and showing up the American Directors as inept negotiators at a corporate level.
This has motivated in excess of 200 of them to pledge their shares to block Mr. Westerbergs takeover attempt and have him and Mr. Dilts removed as directors by calling an EGM of their own.
It has been a challenge organizing so many shareholders, but these are a motivated group, angry at the decline in the share price and unwilling to see it evaporate completely without a fight. Their cooperation and participation is truly impressive. Hits to the website (www.in2tadpole.net) and share pledges supporting the action continue to grow, and they expect further support as other shareholders learn about what is going on.
Please... if you have not registered you support at www.in2tadpole.com, it would be a welcome boost. You can browse the site without registering, but if you are a shareholder and don't want Steig running Tadpole then login - member numbers also count. You can read in the above that only 200 shareholders, representing the largest voting group, have organised this so far, but that still leaves many shareholders unaccounted for. They/we/TAD is desperate for all possible support - don't give up, it's only just beginning!
rgds, P
P.S. Apologies to everyone who has received this already.
Beau62
- 09 Dec 2005 09:47
- 2053 of 2262
Well good luck snap.
Beau
blinger
- 10 Dec 2005 09:06
- 2054 of 2262
I see the "Press Release" had de-materialised, seems that the anti-American feeling was not acceptable, nobody picked it up, and it has been removed from the web-site.
Certain words in the release however may well be applied correctly to the "cardies", e.g. ` inept`,`failings` etc.
Someone is going to get a nasty bill for all this stuff before they give up, talk about an ego trip,
Unbelievable, but extremely amusing.
The Panto is about to start.
superrod
- 10 Dec 2005 12:25
- 2055 of 2262
olie
how is yout prty short going?
blinger
- 10 Dec 2005 20:13
- 2056 of 2262
Supper darling-PRTY long now dearie!,
hang on, just got the contract note today,2150@138.97 timed 08.26 09/12/05, you really must try to keep up with the traders - did you not realise you can go from long to short in seconds?-come on the `Rod ` MUST have some flexibility,well "post coitus karaoke nauseum" at least.
Just had that awful Geri Halliwell woman around,took her to the pub (can`t stand her - a nephew is interested!!) caused a stir though.
superrod
- 11 Dec 2005 08:16
- 2057 of 2262
sorry olie
too much work to pay much attention.....got severely stung on the drop from 160.....bought a T10 at 87p....closed at 117p.....what a mistake....40ks worth....should have rolled it.
blinger
- 11 Dec 2005 19:12
- 2058 of 2262
Ah,super`
playing "retrospective patience" (the `if only` syndrome)), not worth the candle, unless of course you look at these poor sods, and shout Hoozah!! at the fact that you didn`t roll TAD , long,at 12p, and some did,
g`luck
pachandl
- 12 Dec 2005 10:47
- 2059 of 2262
0 trades and it is 10.47 - have the shares been suspended??????
yuff
- 12 Dec 2005 10:55
- 2060 of 2262
pach
nope, just everyone bored with lack of progress.
mackem
- 12 Dec 2005 11:38
- 2061 of 2262
I would have thought the word "stung" instead of "bored" springs
to mind more often with this stock hence no trades.
pachandl
- 12 Dec 2005 12:16
- 2062 of 2262
If they are that bored I thought they would be selling? Perhaps we have finally got rid of the weak holders (or forced them to store their share certificates in the bottom drawer). Either way, I can now confidently predict that the sp will not fall below 1.25p within the next 6 months. Yes, I can hear you saying that my optimism is totally unfounded - but you just have to make a stand sometimes.
snappy
- 12 Dec 2005 12:23
- 2063 of 2262
notice how every time it has touched or slightly broken the 50 day moving average in the last 6 months it has always fallen back again. I cannot see a positive gradient on the 50 day or 200 in the last 12 months.
yuff
- 12 Dec 2005 12:38
- 2064 of 2262
snappy
when steig is eventually booted out the share will rally past the 50 & 200 day ma.
It might not happen until the agm but it will happen unless he pulls off a miracle ie sells software instead of his shares. lol
Moneylender
- 12 Dec 2005 13:30
- 2065 of 2262
Tadpole Technology GSD, December 12, 2005: Urban Crossroads worked with The City of Irvine to design and deliver a centralized geodatabase that consolidates disparate datasets and provides multiple workers with access to real-time information about numerous infrastructure assets. The geographic information system (GIS), built on ESRI's ArcSDE technology, supports the concurrent viewing and editing of data by users across multiple departments, via a customized user-friendly interface. Extending the use of its GIS to support the operational needs of a range of business processes is an important goal for The City of Irvine.
GO! Sync for ArcPad became a vital tool when The City of Irvine sought to deploy GIS data in the field on multiple handheld computers. Having developed a custom ArcPad application that runs on Trimble's GeoXT rugged handheld GPS units, field workers were able to remotely capture information relating to the location and condition of tree-sites. By integrating this application with GO! Sync for ArcPad, Urban Crossroads significantly improved the system, enabling the transfer of data to and from the field to be managed automatically, resulting in significant time savings for the City of Irvine.
Beth Dennis, Project Manager at Urban Crossroads, explains "With this mobile implementation we needed to enhance the system so that users could easily download feature classes for viewing and editing remotely and upload their edited data back to the enterprise. By deploying Tadpole Technology's GO! Sync for ArcPad, we were able to fully automate the data transfer process so that The City workers simply dock their mobile devices to upload their data and receive back relevant updates. The opportunity to realize time savings by automating this process was a key reason for using Tadpole Technology's GO! Sync for ArcPad".
GO! Sync for ArcPad is a scalable solution that is not limited to any specific application. Combining this flexibility of use with its ability to seamlessly integrate with The City of Irvine's enterprise geodatabase, GO! Sync for ArcPad is positioned to meet The City's future requirements. The City uses Urban Crossroads' Centralized Database System to manage numerous assets and anticipates using GO! Sync for ArcPad in support of further field work, such as auditing its street lighting assets.
"An important feature of GO! Sync for ArcPad is its support for custom applications, which allows our end users and business partners to use our field-enabling technology within their own tailored solutions," comments Chad Flynn, Mobile Manager for Tadpole Technology's Geospatial Solutions Division. "This recent deployment of GO! Sync for ArcPad by Urban Crossroads not only demonstrates the versatility of the solution but is a perfect example of how our software, combined with ESRI technology, is being used to enable the deployment of mobile enterprise-scale solutions."
ends
blinger
- 12 Dec 2005 20:25
- 2066 of 2262
Jeez,
the cardies and yuff still think they can oust the directors.
The `In2TAD` site has ground to a halt, well more like a head on crash with reality i.e.
THEY WILL NEVER CALL AN EGM AS LONG AS THEY EXIST,
It is amazing how many times they are confronted with the truth, amazing how many times they insult those who have a million more times experience in trading, running companies , company law etc. etc. etc,
A pure ego trip by HUGE losers,still its a good Panto.
Yuff and gang-
"I`ll yuff and i`ll puff and i`ll blow the Steig down"
"Oh no you won`t"
"Oh yes he will"
etc. etc. etc. ad nauseum- ad infinitum -ad -----
CURTAIN!!!!!!!!!!!!
blinger
- 13 Dec 2005 08:28
- 2067 of 2262
Just as a helpful gesture to the gang, they may like to review the latest "document" now being paraded for signature.
As I have always said there will be no EGM , at least not "cardie" instigated, and even worse there is no such thing as an EGM with the word EMERGENCY in it, the word is EXTRAORDINARY.
The new doc. will be returned with a " never heard of one comment".
Amother example of amateurism and ego.
pachandl
- 13 Dec 2005 10:28
- 2068 of 2262
Blinger - they used the word Emergency???? I don't believe you (nothing personal by the way) - please point me in the right directrion so that I can verify. This gets worse by the minute and I was so looking forward to Christmas.
snappy
- 13 Dec 2005 12:32
- 2069 of 2262
Emergency General - that sounds like a new wing at the local hospital
$$$$$$$$$$$$$$$$$$$$$$$$$$$
Name:
Address
Date:
To Paul Tibble Company Secretary
Tadpole Technology PLC
Trinity House,
Cowley Road,
Cambridge CB4 0WZ, UK
Dear Mr Tibble,
I, __________________________________am the beneficial owner of ____________shares in Tadpole Technology PLC.
They are: held directly/in a nominee account with_______________________________.
I attach a letter from the Nominees confirming this/ I have instructed the Nominees to fax you confirming my holding.
I wish to support the requisition of Emergency General by the Tadpole Shareholders Group
Yours sincerely,
Sign___________________
Print Name