Is this the worst performing share on the stockmarket? From highs of nearly 60p two years ago it is now standing at 5.50p. The management have gone to the market umpteen times in cash calls, started of with about 100 million shares, now there are over 500 million in circulation, shareholders have no confidence in this company. Supposed to be CF+ last year now it is saying sometime this year. A few mugs are buying but this will probably drop to around 3p when cash flow negative is announced. Possibility of another 70 million shares hitting the market sometime this year.

tvc15 u make make me laugh. point taken now p** off

why dont you all just leave him to talk to himself. there is a proper yoo thread you know??

mail sent to MS today.

------

Dear Mr Sinclair
Now that we are only a fortnight away from the end of Q1 - and further to our unproductive email correspondance of a few weeks back - I am mailing you again to see if you yet have any visibility as to when YOO might make an announcement whether it has achieved cashflow+ by the target date. I fully appreciate that the quarter hasn't yet ended, but I would expect a manager at your level to at least be able to state when an announcement is likely to be made, if not the contents of the announcement itself.

As a long-term holder of YOO, of course I hope for good news. Failure to achieve cashflow+ - as promised for the third time now - would, I feel, terminally damage both the YOO share price (not that it can slide much more, surely?) and your own reputation.

I look forward to your response.

Two weeks, Mr Sinclair.

Yours sincerely,

I have had a few e mails today from shareholders, with virtually
identical wording. Down to the punctuation!
As you will know, we are not allowed to hand out information in a
piecemeal manner.
You can be assured that when we have something to announce we will
communicate with all shareholders at the same time.
I'm really sorry I can't be more helpful.
Of course I am still more than happy to talk through the Seymour Pierce
Research note with you.
Regards
Mike Sinclair

----

Dear Mr Sinclair.
Thank you for your response.

I'm afraid I'm not hugely encouraged by it. Of course I do not expect you to tell me price-sensitive information: however if YOO were indeed on target to achieve cashflow+ by end of Q1 - as promised - I would expect your reply to be considerably more upbeat. And of course there is nothing price-sensitive per se about announcing the date of a company statement, as long as no indication is given of the content of the statement - a point you seem to be willfully missing.

I'm afraid I feel no compulsion to call you for a chat. I know that many small shareholders called you for conversations last summer, and gave glowing reports of how helpful you had been. Funny that you neglected to mention to them about the impending RI which did so much to destroy the YOO share price at the end of last year and so far this year. I appreciate of course that you could not tell them about it - so what value a cosy little chat then? I'm afraid I'm not much interested in management spin.

I wish you the very best of luck for the next two weeks. Should YOO fail to achieve cashflow+ by end Q1, I'm afraid I intend to start agitating to the press and among shareholders for management changes at the company, and the installation of a management team who can do something to stem the apparently relentless erosion of shareholder value. Any management team that has so little insight into its own operations that they miss a target three times would need replacing.

If you have ever read Diamond Are Forever by Ian Fleming, you may be familiar with an expression allegedly beloved of Chicago gangsters. The first time is happenstance. The second time is coincidence. But the third time, Mr Sinclair, the third time is war.

xxxxx

PS. The Seymour Pierce report predicts a share price of 9-12p by year-end, I believe. Not hugely encouraging, given I bought my first tranche at 26, and I believe you yourself bought some back in the days of a heady 50p share price.

More dilution.



Yoomedia PLC
20 March 2006

YooMedia plc / Ticker: YOO / Index: AIM / Sector: Media

20 March 2006

YooMedia plc ('the Company')

Additional Listing


Application was made on 17 March 2006 for the admission of 671,043 ordinary 1p
shares to trading on AIM. These shares have been issued pursuant to the
exercise of options by a former employee of the Company at a price of 1 pence
per share. Admission is expected to be effective on 23 March 2006.



* * ENDS * *





Contacts:

Neil MacDonald YooMedia PLC Tel: 020 7462 0870
Isabel Crossley St Brides Media & Finance Ltd Tel: 020 7242 4477
Mark Percy Seymour Pierce Limited Tel: 020 7107 8000




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

Might get a management buyout at 5p.

Is that an MBO from the same management that are fighting to save YOO from bankruptcy???
Diagnosis - Attention seeker

why dont you all just leave him to talk to himself. there is a another yoo thread you know??

Would that be the one started by mactavish?

well that one has about 3000 posts more than the next one and is a lot better than this one (i think).

http://www.moneyam.com/InvestorsRoom/posts.php?tid=6856#lastread

Wait till the crappy results come out, this is going to tank, and do not forget another 70 million new shares still to flood the market.

I hear this company has failed to achieve its goal of being cf+ by end of Q1-2006. City is taking a very dim view on this. I am glad I dont hold shares in this company, it could find itself in administration by the end of the year. Very sad for all involved.

Rubbish results are on the way, if any good this would be going up.

Looks like results are really bad, down to 4p to sell.

Don't be unkind Kivver - I've missed the pratt recently, I like a good laugh - makes my day !!!!! Dave

Better have a laugh now because when the results come out you will be weeping buckets, when this sits at 2p or under, you won't need a hankie, you will need a sheet.

Attention seeker

why dont you all just leave him to talk to himself. there is a another yoo thread you know? i think it sums the idiot when he just has himslf to chat to, oh welll if you all enjoy obviously not upsetting him one little bit, keep it up.

Not exactly a buying frenzy at 4.75p, is there? First chunky sell of the day, just gone through.

One 'danger' now is an MBO. Spend three years 'investing' shareholders money, then buy it all back.

Institutional investors, like Cardoza, who participated in the 7p placement, must be very angry.

Seems like the banks do not want to lend anymore money, and the Chairman has had second thoughts about gaurenteeing the overdraft. Doe not look good does it?