banjomick
- 30 Nov 2005 22:55
- 220 of 1609
Fill your boots and join the ride of a lifetime,2006 is the year of the Galleon....or was that last year or even the year before that???
On a more serious note.....it will be good....me Banja said so....!
bhunt1910
- 05 Dec 2005 07:38
- 221 of 1609
Galleon Holdings PLC
05 December 2005
Embargoed: 0700hrs, 5 December 2005
Galleon Holdings plc
('Galleon' or the 'Company')
Placing & Acquisition
Galleon, the intellectual property owner and developer in the children's
entertainment sector, is delighted to announce the acquisition of 'The Mysti
Show' ('Mysti') for 1.5 million and a placing of new shares to raise
1,250,000.
The Acquisition
Mysti is a hugely successful brand in the Kids entertainment sector, targeting
the extremely lucrative 'Tween Girl' market. The first TV series was the top
rated show for girls aged 10-15 in the UK and the brand has already sold in
excess of 100,000 books. Series 2 went on air this month.
Galleon, which now owns 100% of the IP, excluding traditional book publishing
rights, stands to benefit substantially from commissions for further series' in
the future, international TV sales of the property and extensive licensing and
merchandising opportunities. To date Mysti has already generated revenues in
excess of 5,000,000 and is profitable from television production alone.
The acquisition has been financed by the payment of 300,000 cash, a loan note
of 500,000 and the issue of 7,000,000 ordinary shares at 10p per share
The Placing
Funds of 1,250,000 have been raised via a placing of 12,500,000 new ordinary
shares at 10p per share. Application has been made for the placing shares to be
admitted to AIM and Admission is expected to take place on 9 December. The
proceeds of the placing will be used to fund the cash portion of the acquisition
of Mysti as well as for further investment in Galleon's premium toy division,
Croco, which is enjoying a significant growth in orders and requires additional
funding in order to meet the new levels of demand. The funds will also be
applied to strengthen Galleon's sales force ahead of the aggressive sales
emphasis being placed on both the Mysti and Skunk Fu properties.
Chief Executive, Stephen Green, commented,
'We have, in the Mysti property, a proven and profitable piece of IP with the
potential for long term sustainable revenue growth in the near future through
merchandising and International TV sales. It also balances the Galleon portfolio
of IP which previously had no girl-targeted properties.
Galleon's Entertainment division now has two operational, revenue generating
brands, in Mysti and Skunk Fu. Combined with the exciting response that our
development portfolio had at Mipcom and the continued growth of our product IP
division, Croco, we believe we are in our strongest position to date. I am
confident that the funds raised will facilitate a new phase in the company's
growth and a strong and profitable future.'
banjomick
- 05 Dec 2005 10:16
- 222 of 1609
cheers Baza,was just going to post the great news,not been up long!
banjomick
- 08 Dec 2005 17:38
- 223 of 1609
The Galleon is 'drifting away from the shore' at the moment......it's due to Christmas.....no money about at this time of year :-))
bhunt1910
- 09 Dec 2005 08:34
- 225 of 1609
This really is good news - the RNS that is
bhunt1910
- 09 Dec 2005 08:35
- 226 of 1609
Galleon Holdings PLC
09 December 2005
Embargoed: 0700hrs, 9 December 2005
Galleon Holdings plc
('Galleon' or the 'Company')
Contract for the sale and supply of 44million units of toy based premium
products
Galleon Holdings plc, the intellectual property owner and developer in the
children's entertainment sector, is pleased to announce that, further to its
placing of new shares this week, it's wholly owned subsidiary Croco Worldwide
Sourcing Limited ('Croco') has secured a contract to supply 44 million units of
toy based premium products as an exclusive in-pack promotion for a leading US
global food and beverage business.
The contract totals approximately US$1,200,000 and will be delivered by Quarter
2 2006. The promotion is based on a major US theatrical release and covers six
European territories.
Stephen Green, Galleon's CEO, commented,
'Our product IP division, Croco, has secured increasingly larger orders over the
last twelve months and we expect this trend to continue. The recent further
investment in the division allows us to fulfil such orders more efficiently and
more profitably.'
banjomick
- 09 Dec 2005 17:46
- 227 of 1609
Yes Baza,more good news today.
Croco have been very importent this year in keeping the Galleon afloat,while they got there act together.
That is four major orders for Croco since February.
We should see ,by early next year,Croco going into production for items associated with The Galleon and their interests.
What a great year 2006 promises to be along with Croco and various IP's starting to bring in revenue.
banjomick
- 12 Dec 2005 17:35
- 228 of 1609
Any comments on todays trades?
bhunt1910
- 12 Dec 2005 17:53
- 229 of 1609
Over 1m buys gone through with 400k after the bell.
Whats brewing ? - I sold out last week to top up SEO - but want to get back in after Xmas as this has been a nice little earner so farget
banjomick
- 12 Dec 2005 17:55
- 230 of 1609
never saw the 400 odd k---hmmmmmmmm
banjomick
- 12 Dec 2005 18:21
- 231 of 1609
Baza,cheers for reply,by the way.
banjomick
- 13 Dec 2005 22:35
- 233 of 1609
Why all the big single buys lately?
banjomick
- 19 Dec 2005 19:15
- 236 of 1609
God knows what happened above,must have had an off night!
Anyway 14p appears to be a rock solid bottom type thingy...famous last words!
banjomick
- 21 Dec 2005 22:59
- 237 of 1609
13.75p IS a very strong bottom........maybe! :-)