I have been offered shares before they come to market in a company called UBET2WIN PLC.they are being offered through a company called catalyst investment group i have never heard of this company has anyone else if so positive or negative.your help required cheers woodie

Probably a bit late now to catch the top.

3 August 2005

ubet2win plc ("ubet2win" or "the Company")

Movement in share price

ubet2win, which commenced trading on AIM on Thursday, 28 July 2005, notes the
significant movement in its share price.

Other than as disclosed in the Company's Admission Document dated 22 July 2005
and the announcement made by the Company to the Stock Exchange on 28 July 2005
which set out details of ubet2win's contract with the betting exchange expert
Betfair, there are no other factors of which the directors are aware regarding
the Company's business which should otherwise be announced and which could have
contributed to the share price movement..

scrip thanks for posting that on here as i had no idea it was released on my stockwatch list no n is shown i asked ian to look into it as yet no reply. it is amazing since that was released buyers have come back in.

It is amazing isn't it!

Drop a note to support at MoneyAM I think their news indicator is broken.

scrip already done it yesterday, this one is not the only one i have problems with tgp is the same ian said he will look into it ,its annoying as what you posted above could have cost me more money if the price fell as i was unaware.ps thanks for your help

just sold out before price goes back down again

I just sold as well. Good profit for a few days investment!!

I wish I had bought more though !!!!!

This is beginning to remind me of the last days of the dot com boom.
All a bit worrying !!

I see warrants have been exercised at well below the market price diluting existing holders. Dot com 2 here we come. Incredible stuff.

A company that looks incredibly poor, promoting non existant pitches, releasing fake RNS's then fleecing existing holders. Incredible stuff, even worse that people are falling for it.

Further to Scripophilist's post above here is the RNS announcement (conveniently made after closing today).





ubet2win PLC
03 August 2005



FOR IMMEDIATE RELEASE 3 August 2005

ubet2win plc
('ubet' or the 'Company')

CONVERSION OF WARRANTS

At a Board Meeting on 3 August 2005, the Board received a Notice of Conversion
from Beaumont Cornish Limited for the conversion of Warrants to the value of
10,000 at a price of 3.5p per share and has agreed to allot 285,714 new
Ordinary 0.1p shares (the 'Shares') in accordance with the terms of the Warrant
Instrument.

Also, the Board received a Notice of Conversion from Midas Investment Management
Limited for the conversion of Warrants to the value of 20,000 at a price of
3.5p per share and has agreed to allot 571,428 new Ordinary 0.1p shares (the
'Shares') in accordance with the terms of the Warrant Instrument.

Application is being made for a total of 857,142 new Ordinary 0.1p shares to be
admitted to trading on AIM.

For further information:

ubet2win plc
Gerard French 078 18 453 995
Renwick Haddow 079 66 130 182

Beaumont Cornish Limited 0207 628 3396
Roland Cornish/Noelle Greenaway
0161 242 2895
Midas Investment Management Limited
Mark Sheppard


This information is provided by RNS
The company news service from the London Stock Exchange


OUTRAGEOUS !!

Be very careful with this one.

Supermono

:o(

That's about 20% dilution by the look of it. Classy stuff.

You got to hand it to Tosser Moore , he can't have fleece em.

Moneyam got my details if you wish to sue me tosspot ... all imo of course.

FOR THESE SORT OF COMPANIES ONE SHOULD ALWAYS LOOK HARD AT THE OPTIONS WHICH HAVE BEEN GRANTED.. IF THE TERMS OF THE OPTIONS ARE ACHIEVED AND THE OPTIONS TAKEN UP THEN THE ASSET /DIVIDEND INCOME OF THE OTHER SHAREHOLDERS CAN BE SEVERELY REDUCED.
ON TOP OF , OR IN ADDITION, THE DIRECTORS CAN AWARD THEMSELVES FURTHER OPTIONS AND SO THE BALL ROLLS ON

IN COMPANIES LIKE THIS THERE CAN BE NEGLIBLE HIDDEN VALUES I.E. ALL THE ASSETS ARE AT "FULL" VALUE. IN ADDITION THE FIXED AND INTANGIBLE ASSETS MAY HAVE LITTLE VALUE IF THE COMPANY CEASES BUSINESS.

I HAVE JUST SPIED THE EXCELLENT POSTING NO 33 OF SUPERMONO........THE ALLOCATION/USE OF WARRANTS CAN BE ANOTHER DISGUSTING ARRANGEMENT TO TRAP THE UNWARY BY THE EROSION OF THE VALUE OF THEIR HOLDING

how many other warrants are out there which can be converted into shares,on easy peasy terms, and thus drastically water down the value of shares held by existing share holders

Thought I'd relax for once and watch the test match but ..................
UBT is recommended in today's Daily Telegraph Questor column:

ubet2win

Yes, another online gambling site. Yes, it has an illiterate name that doesn't inspire confidence. And yes, this Aim-listed tiddler has a limited track record, a turnover of just 1m and a market capitalisation of 15m.

All the signs are that this is a screaming sell.

But, since listing on Aim last week, the company has caught Questor's eye, and not just because the shares have tripled to 10p. The company has only recently moved online, employing the low cost route of using Betfair's software and expertise. As a result, the tiny turnover should start to accelerate.

The main attraction with these shares, however, are the assets. Unlike most online sites ubet2win has a bricks and mortar business: cash-generative licensed pitches at all the main UK and Irish racecourses. Highly risky, yes, but ubet2win is worth a punt.

Poor Questor was on the right track to begin with but lost the plot !!

only time will tell i wished i had not sold out at 11.50 pence in the week looks like more to come with poker and casino deals still to come but over 200% profie in 4 trading days had to be banked.

Thread for the more intelligent.

https://www.moneyam.com/InvestorsRoom/posts.php?tid=8461#lastread

i still have the copies of the monthly investment magazine published by the "leading" stockbrokers KILLIK & CO......you may recall their PAUL KAVANAGH, the partner in charge of research AND THE MANAGING EDITOR OF THE MONTHLY MAG.,was a prominate writer in the SUNDAY TIMES...IF I RECALL CORRECTLY

IN THE MONTHLY INVESTMENT MAGAZINE PAUL DEVOTED A PROMINENT FEATURE TO HIS MONTHLY NAPS

VIRTUALLY ALL THE MONTH BY MONTH NAPS WERE GREAT DISASTERS. FROM THE NAPS I CAREFULLY SELECTED PSION AND KEWILL WHICH LOST ME ABOUT 90% OF MY MONEY....AND THOSE WERE PROBABLY THE BEST OF HIS STRONG RESEARCHED TIPS. I AVOIDED THE HOST OF HIS OTHER HOT TIPS SUCH AS BALTIMORE, SHERWOOD,ARM , TRAFFICMASTER,IMAGINATION,AUTONOMY.

I WOULD PREFER A BAG OF DUTCH TULIPS OR A BOWL OF SOUTH SEA BUBBLES

IF AN ENTITY IS THAT GOOD DOES IT REALLY NEED MONEY FROM THE PUBLIC....THERE ARE ENOUGH PRIVATE ENTITIES ABOUT TO GRAB THE OPPORTUNITY OF INVESTMENT NEEDS

IN THE CASE OF UBET2WIN THE SHAREHOLDERS PRIOR TO THE PUBLIC OFFERING COUPLED WITH THOSE HOLDING OPTIONS AND WARRANTS MUST BE HYSTERICAL

MY COMMENTS ARE OFF THE CUFF AND MADE AS A CONTRIBUTION TO THE DEBATE.......THERE CAN , OF COURSE, BE CONTRA POINTS AND ARGUMENTS . IT WILL BE INTERESTING AND OF VALUE TO HEAR THOSE ON A FAIR BASIS

WOODIE POSTING NO 38.....YOU MUST BE ABSOLUTELY DELIGHTED THAT YOU SOLD OUT AT 11.5P

TRUST MADNESS DID NOT PROMPT YOU TO BUY AGAIN

mp cant belive how this share went for me might buy back in at lower level looking for 3.5 -4 pence range

Nice to read your comments.
Occasionally,a share price has a different momentum or "buzz" about it as it takes off.This is going to go up,no matter what,and go up a lot whatever I think about the nonsensical attitude behind all the buying going on.This is what happened with this one.If you can grasp that the punters are all caught up in a mass frenzy of buying rather worthless shares propelled by greed and a desire "not to miss the boat"then,and only then you can calmly join the throng and cash in on the thing.
The only rpoblem with this form of investing is that you have to get it right or you can get very burnt!
GREAT TIP WOODIE!!!Next one please!
ETHEL