Recently floated on AIM this company is currently a cash shell but the word on the grapevine is that a major deal (confirmation to be publically announced in about four wks) has been signed with a very well known private limited company with a reverse takeover into TWR! The limited company cannot be named by TWR for confidentiality reasons & Stock Market rules. However the company is rumoured to have a market cap in excess of 10mln.

SP is up today 94.44% just as the news of this is begining to get out and the buyers are now coming out in force!

whats happening with this co anybody know ?

RNS today. Check it out.

It seems TWR is no longer just a cash shell but is now in the process of the reverse merger taking place of a USA & EU company, the Maskina Group. The RNS states Maskina has only been trading since the beginning of 2004, but as stated on their website, the Maskina Group was founded in 2000 and has offices in Norway, Iceland, Germany, UK and the USA.

The nuts and bolts of this deal is that TWR has advanced a secured loan of 1,048,000 to Maskina. The loan carries a coupon of 7.2 per cent. (payable semi-annually) and is secured by 60% of the issued ordinary share capital in Maskina and 100% of the issued ordinary share capital in a USA company and all of the tangible assets in Transcom Communications Inc which Maskina has agreed to acquire. Transcom is an established communications company founded in 1998 and in which its business continues to experience annual growth of approximately 50 percent. Both of these companies are in the rapidly growing USA & European VoIP (Voice over Internet Protocol) markets. The directors of Maskina expect that as of 31st Dec 04, together with full year results of Transcom on the assumption acquisition is completed, pro forma consolidated gross revenues will amount to approximately US$38 million. TWR also has an option to acquire the remaining share capital of Maskina that is exercisable at any time up to and including 31 July 2005. The option enables Tower to acquire the entire issued share capital of Maskina for a consideration of up to 243 million new Tower ordinary shares.

Tower Plc has commented: - 'Maskina has developed a market leading portfolio of mobile communications VoIP products that should have a strong appeal to mobile phone users. We are excited about the prospects for Maskina to develop strongly in this sector.'

Interestingly, Pipex Communications has recently announced that it is now also entering into the VoIP market and has launched a cut-price voiceover-Internet service for small businesses and said it would be offering a similar service for households "early next year". Peter Dubens seems to have a good nose to sniff out profitable new business opportunities with good return in investment growth for investors, so is expecting Pipex and VoIP communications to help significantly increase number of Broadband subscribers from the 400,000 customer base he has both acquisitively and organically grown PXC into.

The appeal to mobile phone users will be the huge cost savings VoIP will have over conventional mobile phone operators pricing structures. With Maskina acquiring Transcom, the company combines its expertise in advanced mobile data service platforms, handset-based technology and VoIP-based voice communications to provide end user transparent low-cost mobile voice and data services. Its current set of products offer up to a 70% discount under todays mobile operator pricing structures.

With strong growth opportunities now in the VoIP sectors, particularly given a broadband price war between Pipex & BT, any company with the expertise, the likes of which Maskina now has, it seems it is surely well placed to reap the rewards and gain a significant share of the USA & European market growth sectors.

It also seems Stephen Dean the Chairman of Griffin Group Plc is the company behind the AIM cash shell Tower Plc and has been specifically floated for the purposes of the reverse merger / takeover of Maskina and their acquisition of Transcom Communications Inc., as it is Stephen Dean and Griffin Securities research team who, on behalf of their emerging growth companies, institutions, and high net worth individual clients, have identified the rapid growth investment opportunity that is now hotting up in VoIP communications and low-cost mobile voice and data services providers markets.

legins,

Parker Rowe are unauthorised by the FSA, and rang me about Pearl St. Holdings a couple of weeks ago. The salesman's (I wouldn't call him a broker!) telephone manner reminded me of the file "The Boiler Room", and I think that's pertinent here.

I suggest you read this article!

http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=396298&in_page_id=19&in_author_id=5

In particular, please see the references to Griffin, and Perals St. and Tower!

Andy,

Please stop banging on at me regarding Parker Rowe & the FSA. I do not remotely have any connection with them and I don't suppose Maskina and Transcom Communications Inc. have any connection or interest with Parker Rowe either.

Legins,

maybe it's pure coincedence, but out of the 3000 or so stocks on the lSE, you seem to be promoting the two stocks that Parker Rowe are pushing out of their boiler room operation, based in Spain.

They base themselves in Spain to avoid FSA regulations regarding cold calling within the UK, ie it's not allowed!

Sadly, the performance of shares promoted by boiler room operations is very poor, and I post these warnings to try and help prevent the unknowing newbie investor from being unwaringly sucked in.

Is this worth hanging onto or is it a bummer.

any one got any up to date info on whats happening with this stock.

Another Legins / Parker Rowe ramped disaster.

Dil,

Have you noticed how the SP has been rising since your post above! I cannot guess or comment on why

By the way, I have never ramped this stock but have simply commented upon facts, news & rumours which I have gleaned from researching for information available in the public domain. My interest in this stock is due to close personal friends holding this share after them being contacted by Parker Rowe. Please accept my apology if you think I've been ramping TWR but I would like to see them at least getting their money back. Despite the subject of TWR shares sold to unwary investors through the 'boiler room' salesmen tactics of Parker Rowe, hopefully there may actually be some truth of the future prospects in TWR with the potential of a reverse takeover/merger with Maskina and their aquisition of Transcom both of which have strong presence in USA & European VoIP markets.

From a TA charting perspective I have been tempted to buy some of these myself as various indicators have generated Buy signals but with a bid/offer spread of 35% a few days ago and even now at 18% it is more than I would be prepared to pay the MM's to aquire any of these shares at present.

I believe TWR has just 4 months left before the options to aquire 100% of Maskina in a reverse takeover will expire. If TWR are to excersise the option they will have to aquire Maskina by an issue of approx upto 243million shares that I guess will be at an average price of 7p (as per their last RNS) per share. This would give TWR having aquired Maskina / Transcom a market capitalisation of approx 17million.

I believe Maskina is expected to have shown a gross revenue of $38million to yr end 31 Dec 04 for Transcom. How this translates to profits is yet to be seen and I have not yet found any published details of accounts for either Maskina or Transcom. If anyone knows of the web links to where this info might be, will be of interest to see how well Transcom has been doing in terms of profits, particlarly as they have stated on their website they have consistently experienced an annual growth of 50%pa in sales of their VoIP products.

Now SP up another 25% so far today - something must be happening but what? Just goes to show that it is not a complete disaster Dil!

Looks like my pals investment are now at last back to break even!

and mine. its just what to do now!

mingbeaver, keep your eye on the charts overlaid with a combination of MACD, RSI(14)with a 10 day moving average of the RSI as a signal line & Momentum indicators and also be rigid in setting a stop loss limit. This should help you make the decisions as when to BUY, ADD, HOLD, or SELL.

i was thinking more heads or tails

Legins , if you throw enough darts eventually you will hit the buulseye.

Parker & Rowe are an unmitigated disaster and an unregulated bunch of cowboys imo based on their record to date.

How is the rest of their crap performing ?

Dil,

I have to agree with your sentiments towards Parker Rowe, but they have little or nothing to do with TWR or PSH share performances they just sell them to gullible private investors. Would you be happen to be one of them, hence the reason you now seem so bitter & twisted? Live & Learn, you won't make the same mistake twice. Didn't you realise it is a highly speculative investment into cash shell Plc's?

Fortunately Legins I am not a gullible person or should I say gullible enough to buy shares being pushed by a bunch of second hand car salesmen or to believe "100p by xxxx ... cos a birdie told me" (see your opening post on PSH).

Good luck.