Going all Googly over Brainspark

Hope springs eternal...so how old will traders and investors with Brainspark (BPS:AIM) positions actually be before the stock starts to live up their initial hopes? A long time it seems. Technology incubator Brainspark has been a major disappointment since its float in early 2000 and the share price has reflected that - falling from a high of 132.5p to a staggeringly low of 0.2p (5 May) within four and a half years as traders and investors avoided it like the plague. But in recent months, Brainspark's share price has staged a remarkable comeback and it now trades at 2.23p - a rise sparked by rumours that it would be taken over by a private equity house. ((actually thats not a rumour, we have the RNS thats states it is happening)... MISTAKE NUMBER ONE)

That was only partially correct: Geosim systems, an Israeli software company that is 50.1% owned by Brainspark, is set to be bought by a so-far unnamed private equity house and more details are expected before the end of the year.

But according to some Bulletin board posters, traders and investors should regard the private equity house as a mere stalking horse for either google or microsoft. The gossips claim one of them will aquire Brainsparks Geosim stake before buying it outright, as both are rushing to put online 3D mapping services.
One post message states:'there is so munch info available...it proves Google are working with Geosim...so somehow its a sure bet we are in the money - going to be a good Christmas'. (Thats what i said ;-)

Geosim produces software which allows people to model 3D landscapes (Wrong... MISTAKE NUMBER TWO, GEOSIM DOES 3D CITIES NOT LANDSCAPES www.geosimcities.com) and the argument would have greater credibility were it not for three important factors. Firstly Google acquired digital map maker Keyhole for an undisclosed amount last month.(Keyhole DOES 3D LANDSCAPES NOT 3D CITIES - MISTAKE NUMBER 3)
Secondly Google has been offering an online 3D mapping service to all and sundry since June (We know, but the 3D buildings need to be incorporated into google earth)
Thirdly, its far from clear whether Google has had aby dealings - prior or otherwise - with Geosim (FOURTH MISTAKE... i PROVIDED THE LINKS FROM GEOSIM ALL THE WAY TO KEYHOLE AND ALSO GOOGLE KNOW GEOSIM WELL...)

Microsoft makes very few aquisitions, even though it has the cash, and its attention is focussed on beefing up its online security unit (WHAT BILL GATES CAN ONLY GET HIS STAFF AND DIRECTORS TO WORK ON ONE THING AT A TIME... IDIOTIC POST) earlier this year it bought anti virus producer sybari systems.

Traders looking to make a profit on Brainspark should consider taking their profits while they still can. Once the identity of the mystery buyer is revealed - and it is unlikely that either Microsoft or Google will come in for it (HOW DOES HE KNOW... INSIDER KNOWLEDGE OR WHAT), especially at this stage - the share price is likely to drop back to prebid levels (AND THIS LAST SENTENCE WAS THE MOST FUNNIEST THING I EVER READ.... OERR MR HO, YOU CLOTT, HOW CAN IT GO TO PREBID LEVELS WHEN WE KNOW GEOSIM IS GOING FOR MORE THAN 10MIL DOLLARS AS PER THE RNS + ACS IS TO BE ANNOUNCED AND EASYART IS INTENEDED TO GO ON THE AIM)

TO ME THIS IS FANTASTIC ARTICLE - FULL OF ERRORS AND A GREAT ADVERT FOR PEOPLE TO CONSIDER WHETHER OR NOT TO TAKE A RISK... SMALL AS IT IS, IF YOU CAN MANAGE TO GET HOLD OF SOME SHARES... I AM SURE WEEK HOLDERS WILL EXIT, BUT SHARES IS BOUT RISK.... AND I AM STICKING BY BSP ON THIS ONE...

Rabbitfordinner - 19 Nov'05 - 18:57 - 4027 of 4038 (Filtered)


obmuj - 19 Nov'05 - 19:15 - 4028 of 4038


Sensible advice:
Fellow BB posters - DYOR and make your own mind up. I don't think I have seen such utter drivel on any BB ever. My advice is that VOG has great "potential" upside and should be seen as a very medium to long term hold and is no different to any other share inasmuch as it might be great and could easily falter. One thing nobody should do is be taken in by any of the "over zealous and over-excitable" posts on this BB and especially the ones who resort to using capitals to making their point. God help us!

maestro. - 19 Nov'05 - 19:26 - 4029 of 4038


obmuj..there has been alot of factual evidence posted by investors on here who have very much been on the ball unlike trash like Share magazine who are light years behind what is going on...the only thing thats wrong with this thread is the jealous city tossers who didn't get in at the bottom...tough shit i say! lol!

Rabbitfordinner - 19 Nov'05 - 19:34 - 4030 of 4038 (Filtered)


Trollyman - 19 Nov'05 - 19:43 - 4031 of 4038


some good stuff, some stupid stuff. And why would anybody trust shares mag, when they never get anything right.

Rabbit, you wanker, don't you have anything else to do?.

Trolly

ghump - 19 Nov'05 - 19:45 - 4032 of 4038


Bluey, a simple question from a simple fellow, why do you say the MMs are short of stock?


maestro. - 19 Nov'05 - 19:46 - 4033 of 4038


because we hold all the fuckers...and they don't like it!

ghump - 19 Nov'05 - 19:47 - 4034 of 4038


Maestro/Austin metro, didn't you say Minmet was the one to be in some time back ? big lol
scudly

Bluedolphine - 19 Nov'05 - 19:55 - 4035 of 4038 edit


maestro, the more new derampers that come here, the more confident I am we are on to something here, why all this deramping... surely if we were on the wrong track these derampers would be quiet and let us lose our money to teach us lesson... but they seem desperate to get people to sell... why??? seems all a bit odd to me, I have never seen so much deramping... we know the mm's dont have much stock, the MM's also are keen to buy stock but not so keen as to sell the stock as we have seen on level 2 for the past 3 weeks...

I rest my case, the derampers are here cause they want our stock...

well deramp as much as you like guys, your just making me stronger, and share mag has really made me stronger, all those mistakes, oh dear, they could of at least done a better job... keyhole do 3D landscapes numbskulls ;-)

geosim does 3D cities ;-)


Imagine precise and realistic looking 3D-models of actual cities - cities you can navigate through, shop in, or just admire.

GeoSim cities allow for a better understanding of the physical world, by enabling exploration of the virtual one.

There are endless uses for GeoSim cities, including urban planning and development, tourism and real estate, law enforcement, 3D yellow pages, advertising and entertainment.

GeoSim is at the cutting edge of
3D-city modeling, with its proprietary suite of hardware and software tools, providing photo realistic quality at a ten folds increase in efficiency and cost effectiveness.
http://www.geosimcities.com/home.htm (NOT 3D LANDSCAPE, BUT 3D CITIES, BIG DIFFERENCE)

and dont forget the 3D cities are also intended for games... could be a big clue here... MICROSOFT X BOX GAMES ;-) DYOR Obviously

Trollyman - 19 Nov'05 - 19:59 - 4036 of 4038


I think google want to combine keyholes technology with geosim, which i believe will compliment what keyhole is doing.

Am i right?.

Bluedolphine - 19 Nov'05 - 20:01 - 4037 of 4038 edit


that is our guess... but it is a guess, its all a bit strange the sale is going on when google earth has just been released and google earth want to enhance it with 3d city modelling, and geosim has that already...

Trollyman - 19 Nov'05 - 20:01 - 4038 of 4038


"The trucks would drive along every San Francisco street using the lasers to measure the dimensions of buildings, to create a 3D framework onto which digital photos can be mapped. This would complement the mostly top-down view of San Francisco available through Google's Keyhole satellite photo application."

************************

I belive that is a yes!!!!!!!!!!!!!!!!!!!!!!.

Luckypicker - 20 Nov'05 - 23:27 - 4057 of 4059


Potential sale of investment 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


This is the RNS that has got me thinking share mag has got it wrong, this gives the company an SP of more than 3.5p and it also talks of games.
Strikes me something big is going down, with talk of bringing new business, I would not rule out any of ghe big three as they have created new companies, Microsoft Virtual earth, Google earth, and Yahoo map (I do not know the name of Yahoo map sorry!!!).

This not a ramp, just seems odd to me the shares would drop considering the info we have.

Alice100 - 20 Nov'05 - 23:31 - 4058 of 4059


Londonmetro best not worry about it. Either way we will win (assuming we believe in the company of course). If they succeed in deramping BSP then we will have a cracking chance to top up, and never forget the market always catches up in the end. If they fail then the price rises anyway. Nothing is certain, but recent buys/sells would suggest that MMs are indeed a little short of stock. This is a small company and it's very promising that the price hasn't fluctuated yet. A balanced argument is healthy. Some holders are clearly a little over optimistic, but there is genuine cause for a certain degree of optimism that bodes well for a share price higher than the current 2p. All IMO, DYOR etc no ramp intended!

londonmetro - 20 Nov'05 - 23:48 - 4059 of 4059


To true - just is frustrating when you have to wade through loads of rubbish posts but...

Well spotted Luckypicker!Had missed that.

"In addition exclusivity on videogames applications will be granted to a new company"

WOW!Does this mean what I think it means - that its package of 3D can be used in videogames?

How much is that going to be worth in the future?

Buying more now I feel.