http://www.brainspark.com/
Price 0.25-0.40 pence : 08.11.04
Trades over 60,000 Shares are delayed in reporting by 1 Hour.
Daily Execution Price and Volume


Brainspark Plc is an AIM listed company, focusing on investments in best-of-breed Information & Communication Technology (I&CT) primarily in Europe and Israel.
The core competence of the Company is the vision and the understanding of I&CT, and how these technologies will be key for the creation of break-through applications, combined with an international network of excellence among researchers and entrepreneurs.
The advent of broadband will have a major impact on the way businesses operate providing opportunities for new services and contents
We believe it is a timing issue, rather than a 'will be' issue. Brainspark is positioning its portfolio of investments to be ready to take advantage of the broadband opportunities when they become available.

Shares in issue 192m 1p ORDS
Major shareholders
Major Shareholders.................Amount................% Holding
Cross Atlantic Technology Fund.....33,916,050.............17.64
Company Directors
Francesco Gardin...................31,903,278.............16.59
Alberto Agosta......................2,527,273..............1.314
Edward Burman.........................681,818..............0.355

Brainspark have investments in the following companies:


www.geosimcities.com
Geosim Systems has developed proprietary technology for automation of the production process of 3D models as a product derived from satellite and aerial images. This technology will be applied in standard products for the creation of very high resolution 3D models of towns and other locations, and will be accessible via broadband Internet.
Geosims technological partner is Argotek, owned by the FORMULA Group (NASDAQ-FORTY), one of the major Israeli software companies.
Geosim Systems was founded in Israel five years ago as a satellite company of Tiltan System Engineering Ltd (TSE) by a group of technical experts who had been members of the Israeli Air Force.

From November 2003 to January 2004, Brainspark made a further investment in
Geosim Systems Limited (51.75% owned by Brainspark) of
US$50,000. GeoSim is an Israeli company, whose main business purpose is the
creation of 3D models of cities and other areas of special interest. GeoSim's
management believes its state-of-the-art technological tools allow cost and time
saving in data collection and 3D modeling process. GeoSim realised revenues in 2003 of about US$400,000 (#240,000) mostly in the second half of the year and is expecting to make further progress in 2004, particularly in the USA where the
main focus will be on developing Homeland Security applications and in Italy
where the Company is in discussions with local authorities in a number of
historic cities.

www.theusabilitycompany.com
SOLD 320k


www.metapack.com
MetaPack's mission is to make traditional supply chains more responsive to individual customer needs. We provide zero defect fulfilment that attracts, converts and retains valued customers at the lowest cost to serve. We are helping retailers to: extend range availability in smaller stores reduce the cost and improve the service of online fulfilment implement web-based ordering throughout retail offer the widest range of delivery options revolutionise services in shopping centres MetaPack works for companies such as Boots, British Land, GUS (Reality), M&S, Sky and WHSmith.


www.kerb.co.uk
Kerb, winners of various major industry design awards (including a Design Week Award and the Yell Award for best use of e-commerce), and the Future UK Internet "Web Agency of the Year" award, are a Full Service Digital Agency based in Brighton consisting of 20 people, and have built a reputation for producing high quality, funky, cutting edge Internet sites, CD-Roms, and web-based games for clients. These UK clients include: Pepsi, Electronic Arts, Mathmos, Scottish Telecom, EMI, the Mean Fiddler, Elida Faberge, Flextech and Petspark.com (one of Brainsparks incubated companies). Kerb also have clients in Switzerland, Japan, and Hong Kong.


www.fortune-cookie.com
Fortune Cookie creates award-winning online solutions. From consultation to actual implementation of the chosen route, turning difficult technical propositions into simple and dynamic realities. Fortune Cookie is a global brand with global coverage, and an integral partner of Brainspark and the partner companies.
On 4 December 2003, the Company increased its percentage ownership in
Fortune Cookie (a company which offers strategic thinking, design and build
services in web and wireless technologies) from 25% to 29.44% by capitalising
#48,176.39. This transaction puts Fortune Cookie in a better financial position
to enter into discussions for potential mergers to enlarge its market share and
to participate in a large innovation project overseas.


www.easyart.com
Easyart.com is the UK's largest online retailer of reproduction prints and limited edition art. It offers over 40, 000 fine art and photographic prints, with more being added every day, plus made-to-order picture framing.


www.traderserve.com
TraderServe is an application service provider targeted at professional traders, offering them a flexible, highly sophisticated, yet easy-to-use, modelling system for financial and futures markets.


www.sanvicentegroup.com
The shareholders of the company are prominent financial institutions, corporations and technology entrepreneurs from throughout North America and Europe. The company is led by a board of directors with extensive experience in the venture capital industry.


www.acsys.it
Advanced Computer Systems (ACS) are involved in the design and production of ground stations for the acquisition of data from remote sensing satellites; analysis and processing of digital images; geographic information systems; virtual reality; management of large amounts of information. It is currently preparing the complete digitalisation system of the radio archives and production for RAI (Italian State Broadcaster).

www.smile-on.com
SOLD 220K


www.impression.it
Impression created in February 2000 by a group of Internet experts operating in the ISP sector (Internet Service Provider) provides high added value quantitative and qualitative analysis of accesses to web-sites and detailed online reporting.


www.ludonet.it
Ludonet, founded in 1995, is a leader in the development and management of online entertainment and virtual community solutions.

In September Interims directors highlighted consolidated NAV position of 3.3m and described this valuation as conservative. Directors are paid in options/warrants at 1.1 - 1.31p/share. Given two investments that carried a book value of 22,000 in these results were sold for over 500k, how much is the remainder worth?

192m shares in issue
Mid-Price...........NAV / Market cap equivalent
0.30p................0.58m
0.40p................0.77m
0.50p................0.96m
0.60p................1.15m
0.70p................1.34m
0.80p................1.54m
0.90p................1.73m
1.00p................1.92m
1.10p................2.11m
1.20p................2.30m
1.30p................2.49m
1.40p................2.69m
1.50p................2.88m
1.60p................3.07m
1.70p................3.26m
1.80p................3.45m
1.90p................3.64m
2.00p................3.84m

By a fellow holder called Dusseldorf on ADVFN :

The price is being held artificially. I still go with the theory that a large buy order is being filled, and until it is, nobody else will be allowed to buy in quantity.

Time will tell, though I'm still happy on the inside looking out.

----Website has been offline today at regular intervals throughout the day...maybe a hint that news on the flotations of ACS and Geosim are imminent. The news on the floations should be coming anytime now as it is.

PMSL!!

Sue - Are you on medication, or do you just live in a fantasy world??

Which bit of my post 28 don't you understand??

dell314 - 24 Nov'04 - 21:12 - 28 of 30 edit

Sue - LOL!

As there was no mention of any floats in the September results, or the October trading statement, I really can't see any chance of you getting any significant news within your usual pump'n'dump timescales...

Hope that helps.



Funnily enough, I don't think an intermittant website is usually taken as a sign of positive news. Incidentally, if they were updating the site, presumably one would notice that the content would be different when it reappeared. Sorry, if I'm stating the obvious here..

Rgds
dell

Dell do you ever invest

0.30-0.45 pence, up on the bid today. Couple of 100,000 buys have come through at 0.45 pence.

MMs still gunning for shares :

Comdirect.

Can buy 75,000 shares online at 0.43 pence
Can sell 500,000 shares at 0.36 pence.

Another 100,000 buy came through at 0.43 pence after close. 3 * 100,000 buys came through today....not much really but in BSP's case...indicates that activity is picking up and if allowed to folk would buy more.

Double Bottom formed bang on 0.35 pence (mid-price).

ramp , ramp , ramp .... dyor .... ramp , ramp , ramp .... pile of crap

At Close.

MMs still gunning for shares :

Comdirect.

Can buy 75,000 shares online at 0.43 pence
Can sell 500,000 shares online at 0.36 pence.

We'll know why soon.....

Its as if the MMs are in the know that the price will be significantly higher soon whatever reason.

Comdirect online limits and prices closed at :

Can buy 75,000 shares online at 0.43 pence
Can sell 500,000 shares at 0.31 pence.

Another well known fact....MMs will charge 0.50 pence on the ask to anyone looking to buy more than 250,000 shares.

MMs picked up some in the shake today on the indicative bid :

375K sell at 0.25 pence - someone needs to change their broker.

500K at 0.35 - no idea what that is.

MMs picked up 900K in sells today....but still not letting anyone buy any online.....keeping tabs on the buying says it all that they expect the share price significantly higher soon.

SueHelen - 22 Nov'04 - 11:30 - 16 of 39

Bought 250,000 shares at 0.43 pence + 78,422 shares at 0.43 pence this morning

Have been building my position nicely over the last couple of weeks at this level.


Sue - Any idea whose sell this is?

01/12/04 14:33 0.36 328,442 O 0.3 0.45 Sell

Does that mean you didn't believe that ACS and Geosim were floating before Christmas, after all.
Tut, tut!
I hope no-one believed you were telling the truth..

Oh well.
250 down on that one.
Can't win them all, eh?

What's the next ramp??

Rgds
dell

This is tremendous news.

If this deal goes through, the company will have cash equivalent to over twice the current market cap, plus the remaining stake in Geo which should be valued at the same amount minus a reasonable discount to NAV.

Combined with the previous deals this works out to a potential value of 4.5p/share.

mjr1234 the news is very good and it does make the present price very undervalued. If you work it our the Firm is willing to pay over 6 million US$ for half of BSP's stake, so it would make BSP's present 50.1% stake be worth over 12 million US$, and its on their books for very much under this. Got myself in today and would expect news in 1 or 2 weeks.

RNS Number:0028Q
Brainspark PLC
11 August 2005

FOR IMMEDIATE RELEASE 11 August 2005

BRAINSPARK PLC
("Brainspark" or the "Company")
Potential financing and sale of the Company's investment in Geosim Systems Ltd
("Geosim")

The Company announces that, together with Geosim and the other shareholders in
Geosim, it has entered into heads of terms with a US private equity firm, (the
"Firm") (the "Geosim Agreement").

The Company holds a 50.1 per cent. stake in Geosim, which is shown at a value of
1,375,000 in the Company's accounts as at 31 December 2004 after a three years'
goodwill amortisation from an historic valuation of approximately 3,393,000.

The Geosim Agreement provides that the Firm will be retained to work with Geosim
over a 12 month period starting on 9 August 2005 (the "Exclusive Period"). The
Firm's remuneration is geared to its success in finding persons wishing to
invest in Geosim or license Geosim's products.

On signature of formal documentation, the Firm has agreed to pay Geosim
US$240,000 in respect of the first three calendar months of the Exclusive Period
(the "Pre-Payment"). The Firm has further agreed to pay Geosim an additional
US$80,000 for each of the next six months, for a total of US$720,000, including
the Pre-Payment (the "Exclusivity Payment").

In addition, exclusivity on videogames applications will be granted to a new
company, a third of whose equity will be owned by the Firm, subject to the Firm
bringing material business within one year after the end of the Exclusive
Period.

The Exclusivity Payment will be converted into equity at a valuation to be
agreed, to be not less than US$10,000,000.

Subject to a number of conditions and formal documentation the Company has
granted the Firm the right to acquire 50 per cent of the Company's stake in
Geosim for $6,262,500.

There can be no assurance that the Firm will exercise its right to purchase 50
per cent. of the Company's stake in Geosim and a further announcement will be
made in due course.

ENDS

Further information

Francesco Gardin, Brainspark PLC 0039 0228 0141
Roland Cornish, Beaumont Cornish Limited 020 7628 3396

Moving the offer up now, must be time for my 400K buy to come through soon then and now of course it will look like a sell ;)

One to watch tomorrow as interims are due tomorrow and there could be news on the big Geosim deal so will be watching closely.

Interms were very guarded, as the most exiciting events happened after June 30th (and the interims only cover period to June 30th) nothing was said of August heads of terms Geosim payments or quite a few other things, so it remains one to watch for any explosive RNS about recent events and deals that are being dealt with at the moment.

We should get news on ACS end of this month or early November (from the 9th August RNS) and even that will be good news, the big one on Geosim is still there and waiting for news (from the 11th August RNS)

Brainspark PLC
09 August 2005
FOR IMMEDIATE RELEASE
9 August 2005
BRAINSPARK PLC
('Brainspark' or the 'Company')
Grant of call option over the Company's shares in Infusion 2002 Limited

Further to the announcement on 3 August 2005, the Company announces that it has agreed pursuant to an agreement signed today ('the Call Option Agreement') to
grant a call option (the 'Option') to AISoftware SpA ('AISoftware') over the
entire issued share capital of its wholly owned subsidiary, Infusion 2002
Limited ('Infusion').

Infusion holds a 16.2 per cent. investment in Advanced Computer Systems SpA
('ACS'), an Italian based software company, which is held at a book value of
1.43 million. The exercise price of the Option is 1.43 million.

The Call Option Agreement is subject to a number of conditions including a
condition that, by 31 October 2005, Infusion will have no assets or liabilities
other than its investment in ACS. Infusion will transfer its other assets to
other members of the Company's group. The Company will provide an indemnity
against any liabilities of Infusion.

Pursuant to the Option, the Company will receive an initial non-refundable
payment of 300,000 (the 'Initial Payment') which will be satisfied by the
release by AISoftware and its group companies of all debts owed directly or
indirectly by the Company and Infusion.

A further payment of 1,130,000 (the 'Second Payment') is payable on exercise of
the Option to be satisfied, subject to the consent of AISoftware's shareholders
and appropriate provisions of the Italian Civil Code, by the issue of new
ordinary shares in AISoftware.

AISoftware is listed on the Nuovo Mercato of the Milan Stock Exchange. The Nuovo
Mercato in Milan has broadly similar status to AIM in London.

The Company may terminate the Option at any time prior to 31 July 2006 (when the
Option would otherwise expire) provided it repays the Initial Payment, together
with a further payment of 50,000. The Company has provided certain limited
warranties to AISoftware.

As Francesco Gardin is a director of the Company and AISoftware, the grant of
the Option to AISoftware by the Company is to be treated as a related party
transaction. The independent directors, having consulted the Company's nominated
adviser, consider that the grant of the Option to AISoftware by the Company is
fair and reasonable so far as shareholders are concerned.

The independent directors believe that the Option enables the Company to
discharge its entire indebtedness to AIS amounting to 300,000, as well as
providing the potential for a more liquid investment or cash should the Option
be exercised by AISoftware.

ENDS

If news on the Option is good and followed by good news on Geosim this will be due a major re-rating.

Bottom looks to have been hit now (and a bottom on no news, nothing changed) and BSP moving up strongly again.

This was trading at 1.2/1.3 and moved down for no reason at all, the story is the same and big potential with the Geosim agreement.

Fairly flying up now, whats happening, ACS deal done ?

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Just saw your post on the board, glad I got 500,000 @0.003 a few months ago, I tucked em away and waited.

Always thought these looked good and I like the look of the geosim deal