Company Profile

YooMedia plc is one of the fastest growing interactive entertainment companies in the UK.
Since 1997 we have been developing and launching leading B2C consumer brands in the gaming and community sectors. We also work in a B2B capacity with leading brand owners, agencies, content developers and broadcasters to design and develop their interactive content strategies.

Led by Executive Chairman Dr. Michael Sinclair and Group Managing Director Neil MacDonald, YooMedia has assembled a highly experienced management team that possesses a unique blend of skills and experience in the areas of Digital TV, Internet and mobile phone services and technology.

With main office locations in London, Exeter and Maidstone, YooMedia manages core assets including:

Over 30 office locations throughout the UK alone

State-of-the-art studio, production and post-production facilities at our Wapping location.

UK broadcast return path & bandwidth owner

Fully fledged UK Bookmaker License

Database with over 350K UK singles

SMS Engine access with international reach

Fully staffed 50 seat Customer Contact Centre in Maidstone, Kent

YooMedia Dating & Chat - Our dating subsidiary company manages the oldest and largest UK-owned dating brands including Dateline, Club Sirius and Avenues. YooMedia Dating has over 20 office locations throughout the UK and also manages YooChat, our world-leading interactive chat service found on UK digital cable on the Telewest platform (platform extensions planned for 2005).

YooMedia Gambling & Games - Combining the brands of Avago and Channel 425 (in partnership with William Hill) YooMedia is on the leading-edge of interactive fixed odds, casino and poker gambling services for digital TV, the web and 3G mobile phones. Our gaming business also manages YooPlay, the only interactive just for fun games channel found on all four Digital TV platforms in the United Kingdom.

YooMedia Enhanced Solutions (YES) - YES works with brand owners, agencies, content owners and broadcasters to clarify the options, define the strategies and deliver the interactive content that enhances consumer and audience experiences. YES customers include the BBC, Nestle, Celador, William Hill, Channel 4, ZipTV, The Cartoon Network and HR Owen.

Hate to admit this another EVS in the making?

This is nothing other than bad news. They have had to raise extra funding. One of the placees, who we thought was getting a good deal, has dropped out. The terms of the deal have been radically altered in order to induce another placee.

Mangement isn't telling us the truth and to my way of thinking if you can't trust the management you shouldn't have the share.

The one question I have is: If Sinclair and Noe are so wealthy, why didnt they just provide personal loans from their personal fortunes rather than dilution. ?

I give up-nothing to say to defend this anymore -Dil wins!!

Not over til the fat lady sings but the only people that appear to be getting a good return are the directors !

UK smallcap opening - Yoomedia down on placing news
AFX


LONDON (AFX) - Yoomedia ran back 15.5 pct, or 0.87 to 4.75 pence, as the AIM-traded interactive media and games group disclosed it has raised 1.3 mln stg via a placing of 30.59 mln shares at 4.25 pence apiece.

The move is part of the company's refinancing strategy to continue the re-positioning of its product offering to capitalise on growing opportunities within the interactive media market.





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The directors have done very well out of this company, shame the shareholders have lost so much. Small cap stocks never cease to amaze me.

Let me tell you what will happen over the next few months.

Any time the bid gets above 4.25p we'll see some of those 30m new shares trickled out. This will take a long time if the market is not to be wrecked and will keep the price permanently depressed. Platinum and Highbridge will have as much time as they need to convert at very low levels, maximizing dilution.

Courtesy of Kimboy on ADVFN well respected poster on there who sold out today.



To me the facts are very clear.

1. They had to raise 7.5m to pay off a bank loan on the 29th March. The convertible loan was said to be "the most effective financial instrument". This depends what your alternatives are but if you are in a normal situation a bank loan is the most effective financial instrument. It is absolutey clear the bank weren't happy.

2. They said it would "enhance the customer base". This is a BS excuse for dilution. If these people wanted shares they could buy them.

3. The peculiar structure of the deal suggested that they expected the price to increase in the short term, hence the cap on the amount they could convert. This is contradictory. If they expected things to improve in the short term, i.e. news flow etc, why not issue shares once it was out. This indicates a short term financial crisis.

4. Today we learn one of the partners in the loan agreement, Cornell, have pulled out. They will no doubt have signed agreements etc. So are YOO going to sue them. I suspect the problem is that Cornell are saying that they have not been given full information and have withdrawn from the deal that they are a signatory to.

5. The fact that the other signatory has also renegotiated the terms of the deal clearly indicates something fundamentally wrong. it's not just a problem with Cornell.

6. Today they have had to raise a futher 1.3m on top of the 7.5m they raised 6 weeks ago, or thought they had. Why do they need another 1.3m? Why didn't they raise it at the same time? This is for me clear evidence of a mangement that has lost a financial grip. It is no longer in control of events.

7. The fact that the limit on the conversion has been lowered from 12p to 5.5p and won't affect the "upside potential" can only mean they don't expect the price to rise.

I believe this is going to be a very big sector of business and that Yoomedia no doubt has some good products. However the mangement are poor, very poor. In my view an investment in YOO is an investment in hope rather than expectation.

I sold out today at a loss. I wish all holders the best of luck, I think you might need it.

The Stockmarket Report.

Elsewhere, Yoomedia wasn't so fortunate, after discounted placing news sent shares 1.125p lower to 4.5p. The interactive media and games specialist said it had raised 1.3 million pounds via a placing of 30.59 million shares at 4.25p. The fundraising move comes as part of its plans to refinance in order to continue the repositioning of its various product offerings.

Desperation stakes!!! to do what they did today shows that YOO is absolutely desperate for cash, and that tells the world that YOO cannot be CF + ...what happened today is as good as an RNS that says not CF +

Busted flush.

Strong sell.

Worth 2p max.

Even got a mention on Channel 4 teletext p513.

Knife edge for sure...what happened today was absolutely SHOCKING, never seen anything so desperate and bloody shameless...no way should any private investor park their money at this potential disaster....the RNS was pathetic and arrogant in the extreme....

No wonder today isn't any better for YOO. This went out this morning.

The Stock Market Report for Thursday May 11th from UK-AnaIyst.com

Elsewhere, Yoomedia wasn't so fortunate, after discounted placing news sent shares 1.125p lower to 4.5p. The interactive media and games specialist said it had raised 1.3 million pounds via a placing of 30.59 million shares at 4.25p. The fundraising move comes as part of its plans to refinance in order to continue the repositioning of its various product offerings.

Hey tv boy and anyone else reading. Red across the board today but YOO was unchanged! A small victory on a downward spiral but worth pitching against all the vitriol on this thread :-)

a few posters on advn are not so pessimistic-worth a look as some comments make sense and it cheers me up a little!

Cheers moneyplus. Isn't it nice to see posts that aren't one-way suicide notes?!

queeney , remind us at wot price you first sang their praises ????

xxx

Ah dil my love - the walking advert for assisted suicide. How is life in that dark hole from which you regularly appear? Rank & fetid as ever?