have we got anybody out there holding this stock or am i the only one...really like this one ...have been holding for quite a while....cant work out why it keeps going down though...hasnt brought out any bad news although like many small stocks is news driven and whilst it doesnt bring out any news it flounders a bit....but saying that it has got very cheap now ....moneyam seems to have trades wrong though....i would say theyre buying for 4.12 and selling for 4.06 at the moment but most trades appear as sells....your thoughts would be appreciated

BIZPACK

You should read the previous messages.

There was a mention in the Independent.

Here is the link again

Independent

what would the deal be? any specs?

VTB -
Interview with CEO...

http://www.wallstreetreporter.com/profiles/Virtue-Communications.html

Clickable Version Of the link

http://www.wallstreetreporter.com/profiles/Virtue-Communications.html

BTW
Can anyone get this to play?

What did he say?

Nothing new i'm afraid other than VTB need to expand thier product portfolio in order to take full advantage of thier large blue chip client base.

Rumours flying all over the place on this. I will be buying in the morning.

The rumour that made me want to add, suggests that a big deal has been done that will more than double the size of the company. Wed, is the day I am told.

Good luck

Hope you're right and the share price more than doubles as well !

I am concerned that there has not been more buying on this rumour as it must be flying around the city by now. I hope it is correct.

The rumour I picked up on was that a bid was being made for Virtue by a company in Oz.

Anyone know anything, if not I may just cut and run if no news by tomorrow.

I got rid of this dead dog today. Rumours were a ramp by the looks of it.

Looks as though you're right but.... there was a bit in the press a few weeks ago about a rumour,, wouldn't surprise me if this takes us all by surprise & comes good in the next week or two, I might top up again if it drops to 3p-ish in the short term. -- wouldn't want to be out of this one whe she rockets skyhigh !

Virtue Broadcasting PLC
22 July 2004


Embargoed Release: 07:00hrs Thursday 22nd July 2004


Virtue Broadcasting Plc
('the Company')

Agreement


Virtue Broadcasting Plc is pleased to announce that it has reached an agreement
to surrender the property lease of its former head office, Tornado House,
Marlow, which is currently unoccupied. Under the agreement the Company has made
a net cash saving of 805,000 compared to its obligations under the lease over
the next two and a half years.

The Company has agreed to pay Comland Management Limited ('the Landlord') a
surrender premium of 495,000 net of VAT in addition to related expenses and
reinstatement costs of 110,000. As part of the settlement the Company will
utilise a 318,000 secured rent deposit held in favour of the Landlord
previously fully written off in the Company's 2002 accounts. Therefore, the net
additional cash payment will be 287,000.

In consideration of the surrender premium the Company will avoid paying
approximately 1.4 million of rent, service charge, lease termination payments,
reinstatement costs and running costs over the next two and a half years.

The Company made full provision for the expected costs arising under the lease
in its 2002 accounts.

- ENDS -


For more information contact:

James Ormondroyd, Finance Director
Tel: +44 (0) 20 7785 6000
Email:
investorrelations@virtuebroadcasting.com

Yep barnymam, but why revive the other 2 threads as well?

Anyway the main point is

Under the agreement the Company has made
a net cash saving of 805,000 compared to its obligations under the lease over
the next two and a half years.

Which is useful when the market cap is only about 11.5Million.

UP 10.3%

Was up about 20% at one stage.

Not brilliant but I suppose not bad iether considering the stock market falls :)

apple don't you mean 11.5million

Oops!

Yep Mega Bucks, I did.

Current market cap is 11.7Million ie. 312,755,015 shares in issue x 3.75p bid price.

Up 9.6% so far today, hope it lasts especially with the current state of the market.

Company to announce acquisition of World TV on Monday according to posters on ADVF N today.

Also reported in press articles as well!!

Volume has been building of late, i wonder why that is :-)

SW

VTB/World TV article in observer....

http://observer.guardian.co.uk/business/story/0,6903,1268342,00.html

Bored with Big Brother, soaps, pornography or obscure sports? There is an alternative - televised annual general meetings.
Two British communications companies with many blue-chip firms as their clients will announce a merger tomorrow. Virtue Broadcasting will acquire World TV (valued at 18.1 million) in a reverse takeover.

World produces internal TV content for clients, while Virtue specialises in internet broadcasting technology. They hope to integrate their technology and client bases and expand their corporate business - in particular, by broadcasting AGMs.

Neither began in the corporate sector. In 1991, World was set up to provide internal content for non-governmental organisations such as Greenpeace. It now works for clients including BP, Nestland Reuters, as well as the Foreign Office, producing English-language content for expatriates in Iraq.

Virtue first attracted attention developing web services for pop sensations the Cheeky Girls. Their client list is now slightly more respectable - it includes Microsoft, British American Tobacco and UBS.

Virtue's finance director James Ormondroyd said he anticipated 'great commercial and technological synergies', and predicted continued expansion across Europe.

http://observer.guardian.co.uk/business/story/0,6903,1268342,00.html