This thread is for peeps like myself who want to track the performance of this share, whether good or bad and whether the company survives or not.

The aim is this thread is not to clutter it up with idle speculation as to whether GEM are involved with each tiny few thousand pounds worth of shares that get traded in the average deal size for this share as quoted on the London Stock Exchange. The spreads are currently very large, 1.25p, on a share priced in 4p region and I would suggest there are better short term trading plays out there in the universe of quoted companies. This share is also very high risk.

p.s - Feel free to chat about anything else on this thread as well.

p.p.s - I'm currently neutral this share, i.e I don't have a position.

p.p.p.s - The Lion, the Witch and the Candlestick maker (aka advfn crowd) may all cluter up this thread with banter if they so desire.

very popular share this

A plethora of threads are now available to discuss TADS and related chit chat. This one is for bulls, bears & lurkers alike.

right on

The next set of figures from this lot are going to be abysmal, of that there is no doubt, however there are so many tiny punters holding , and getting succour from the rampers, that an interesting ` mind game` is being played out.
The rampers club,(numbering less than a dozen on all bb`s) most of whom have been shafted too, every now and then, particularly when the price is falling as now, organise a bullying and bullshitting hit on the boards, condemming all who say that the share is bombed.
They co-ordinate to hurrah at every purchase, demeen any protesters, and generally act as a mini-mafia.They then pull back a little, as now and start to sound intelligent to the untutored ear , post to each other with talk of contracts, Joe says its ok, Bill is confident etc,Microsoft are in town, I have inside info., can`t say what, and the mugs tune in and buy a few.
Its a fascinating scenario, I have followed with some amusement since it was started by the Chief Ramper back in ME and UK Shares days, watch the next move, its quite clever.

well the 4.5p bid price has gone and it's now 4:1 with the bid at 4p and the offer at 5.25p.

Some of are noticing that the chart is beginning to look bearish again

There you go the rampers are in `dead serious mode` now waiting for the mugs to ask advice, and they will.

phase three tomorrow, watch the fun!!!!!!!!!!!!!!

Oh dear back as a weak negative candidate after the recent share price slump....

K

Volumes drying up

just 205,243 traded so far today

spread (official LSE prices) a whopping 27%

lack of interest from retail punters and an unhealthy GEM overhang still not helping fragile sentiment.

A good tad thread - far fewer posts, but far more informative than the other one.

F

It`s really good to pay for posting though isn`t it, one feels much more able to complain if things are wrong , rather than being told, well what do you expect for nothing.

snappys last post sums it all up. Good to see some charts posted as well.

F

Ah I forgot about this one , a chance to escape from the semi-articulate who
speak in mono-syllabic grunts of "sad" , that means `don`t understand but I saw this on the Simpsons once and all my mates use it`,"news", a term used to ramp up hope that the stock may rise e.g. " there must be news coming there`s a big buy gone through (usually 5 grand)or "big news tomorrow".
A fascinating share to watch the antics of the barrow boys of the investment worlds`lower class, oh there are 18,000 TAD holders by the way, incl. myself,,99.9% normal folk, but this vociferous bunch of semi-literate clowns- numbering only a dozen or so, are the best kept secret of the bb`s, they would bring in thousands if a comedy show could be built around them, excellent stuff

Well even super-odds 5 a month hasn`t appeared today ,no trades zero, zilch , not a blind penny, some might say its a good sign, some bad, me I think all 18,000 of us are bored silly by the company, and wish they would either put up or shut down, the pussyfooting on long term profit figures is disgraceful.

ITS GONNAH BLOW!!!!!!!

im no chartist but a breakout looks imminent from the header chart

ODDLY,I agree.

so long.

1. Looks likely to break the 200MA

2. 200MA looks like its bottomed (for now)

10p by Christmas, could be a really good Christmas ;-)

Does this mean no further monies due from the hardware division fire sale last year?

###

Tadpole Technology plc ("Tadpole" or "the Company")

Tadpole To Receive Settlement For Outstanding Promissory Notes From Hardware Disposal

Tadpole today announces that it has agreed to accept $2million in cash in settlement of the outstanding promissory notes due from Tadpole Computer, Inc. These are split as to a $6.0million note at 5 per cent. with an option to convert into 19.5 per cent. of the equity of Tadpole Computer Inc. and a $2.5million note at 7.5 per cent., both notes are repayable at the end of 2007 (together the "Notes"). In December 2002, Tadpole completed the sale of its hardware business to a consortium of investors who then formed Tadpole Computer, Inc.; the Notes formed part of the consideration.

Under the terms of the settlement agreement, the Company has today received $2.0million in cash in part settlement of the Notes. In addition, the agreement allows for a further $0.75million to be paid to Tadpole in three equal installments in June 2005, 2006 and 2007, subject to Tadpole Computer, Inc. achieving a defined level of profitability at these milestone dates. The Company will also receive the deferred amounts of the initial cash consideration as and when they are due.

In view of the current stage of Tadpole's development and the potential returns from continued investment in this critical stage of Endeavors' growth, the Board concluded that it would be in shareholders interests as a whole to receive value for the Notes today rather than when they become due in four and a half years' time. In coming to this decision, the Board took into account the current state of the market in UNIX products worldwide which is facing increasing competition, and the fact that an immediate receipt of $2.0 million cash would substantially reduce the need for Tadpole to make further draw downs against the GEM equity credit line, although further use of this facility is not ruled out. To date, the Company has drawn down #4.9 million against the GEM #10 million equity line of credit, which expires in January 2004.

This agreement results in the need to make a provision of #4.1 million against a book value of $8.5 million for the Notes. The Company is taking no recognition of future earn outs.

ends

hugh paterson
patcom media relations
tel - +44 207 987 4888
email - hughp@patcom-media.com
web - http://www.patcom-media.com