dexter01
- 26 Sep 2005 11:22
Just had a look on Reuters, they give MEQ a risk grade of 85 ie. no risk at all.A no risk share at a silly price!!, come on now.
Dexter
Treacle28
- 13 Jun 2009 16:40
- 58 of 78
RTO's back in the offering.
Mike Danson to take control of TMN through reverse takeover
by Daniel Farey-Jones, Brand Republic 05-Jun-09, 14:30
LONDON - TMN Group has agreed a reverse takeover of Mike Danson's Progressive Digital Media Group, giving him control over 85% of the company.
TMN shares were readmitted to trading on the Alternative Investment Market today as a result of the agreement on a reverse takeover.
http://www.brandrepublic.com/DMDaily/News/911450/Mike-Danson-control-TMN-reverse-takeover/
Treacle28
- 15 Jun 2009 09:11
- 59 of 78
Bit of blue again.
Treacle28
- 16 Jun 2009 19:05
- 60 of 78
With the Chairman's links and position at Merchant Capital...the below again makes interesting reading.
Quoted Cash Shells
For clients looking to raise capital and achieve a quote:
For certain clients, reversing into a Cash Shell may represent an attractive alternative to an IPO or private equity fundraising. A Cash Shell may allow a transaction to be structured according to the particular requirements of a company or project in a more flexible way. A reversal is suited to situations where certainty of funding and timing is a key factor. Situations where a Cash Shell can work best include:
Roll-ups/Consolidation Strategies
* Acquisition of one or more companies with enlarged group seeking a quote
* Quoted paper as acquisition currency
Management Buy-outs/Buy-ins
* MBI team with quoted paper and cash but target to be identified
* Funding and quoted paper for MBO team
Small or Zero Funding Requirement
* Difficult to attract broker interest in an IPO if less than 5m
* Cash Shell can provide better liquidity than an Introduction
In these situations, a reversal may also provide an effective mechanism to attract and incentivise key personnel and raise the corporate profile in the same way as an IPO.
For failed or failing quoted companies:
Shareholder interests in failed or failing quoted companies can sometimes be best served by re-organising and restructuring the entity to produce a Cash Shell with a strategy to create value for shareholders by identifying an attractive operating business for a reverse takeover.
Merchant Capital advises clients on the restructuring process which may include disposing of any residual businesses or assets, putting the company through a Company Voluntary Arrangement (CVA), new board appointments and an injection of new capital. The aim is to realize value for shareholders through the restructuring and provide them with a residual interest in a clean vehicle positioned for a reverse takeover.
http://www.merchant-capital.com/our-services/quoted-cash-shells
Treacle28
- 23 Nov 2009 15:30
- 61 of 78
Microcap Equities Directorate Change
TIDMMEQ
23 November 2009
Microcap Equities Plc
(the "Company")
Directorate change and transaction update
The Company announces that James Holmes has resigned as a director, with
immediate effect, in order to pursue other activities
Further to the statement in the interim results announced on 25 September 2009,
the Company also announces that it is now at an advanced stage of negotiations
with a potential subscriber for new shares and expects to make another
announcement shortly.
As part of this potential subscription, the Company has been provided with an
interest free loan of GBP36,000 by the potential subscribers for the payment of
Company's immediate creditors. It is intended that if the proposed transaction
proceeds, the loan will be capitalised as part of the subscription.
For enquiries:
Microcap Equities Plc 020 7247 9691
Nicolas Greenstone 020 8371 3071
Rakesh Patel
Merchant John East Securities Limited 020 7628 2200
Bidhi Bhoma
END
Treacle28
- 23 Nov 2009 15:31
- 62 of 78
Looking very good from today's news on equity investment. Ord is also 1p. Wouldn't have provided the loan of 36,000 if weren't going to get their money back.
Topped up with 569,384 shares at 0.25p on the back of today's news. Could see spurt upto 1p minimum soon imo. James Holmes going also sounds right, with people putting the money in bringing their own directors imo in due course.
ravey davy gravy
- 23 Nov 2009 17:11
- 63 of 78
So you dumped the RLH and bought the Meq instead.
Do you ever stop pump and dumping treacle ?
Treacle28
- 23 Nov 2009 20:00
- 64 of 78
Hold both and if you'd looked, you would have seen I've been a buyer in MEQ since Spring this year and all the news is feeding through as per research.
Treacle28
- 23 Nov 2009 20:02
- 65 of 78
Chairman's Background:-
Nicolas Greenstone qualified as a solicitor in 1973 and went on to specialise in corporate and securities law. He has been a partner in Berwin Leighton, Olswang and Fladgate Fielder and was head of the corporate department in the latter two firms. During his legal career, he led transactions with an aggregate value in excess of 3 billion, including a real estate acquisition with a transaction value of 600m. He was involved in more than 40 flotations on the Official List, the Unlisted Securities Market, AIM and OFEX, now PLUS Markets. He is a co-author of the Butterworths published book on Management Buy-Outs.
He is chairman of Microcap Equities plc, an AIM quoted investment company, and was until 31 August 2006 chief executive officer of The Niche Group plc, an AIM quoted company which focuses on pre-ipo investments. During his tenure, this company registered gains on investments ranging from 80 percent to 260 percent over periods of months. He is also chairman of two formerly quoted AIM companies, Healthcare Holdings plc and Matisse Holdings plc, both of which are in negotiation intended to restore their quotations on AIM. Nicolas is the proprietor of Barton Brown Limited, an FSA authorised corporate finance firm which specialises in small cap fundraising and listing.
He is a solicitor of the Supreme Court and a Fellow of the Securities and Investment Institute.
http://www.merchant-capital.com/our-team/nicolas-greenstone
Treacle28
- 23 Nov 2009 20:02
- 66 of 78
Sep 29 2009
Deal flow
Although investors have kept their hands in their pockets and IPOs have been on hold, Simpson and his junior markets team of seven have been busy on a number of transactions. Specialising in the lower to middle end of the junior markets, high-value deals the firm has worked on include the merger of independent IFAs Sumus and Lighthouse Group and the buy-out and delisting of Telent, a telecoms services business with revenue of over 310 million. Says Simpson, There is definitely more buzz about AIM, as a realistic option, than there was 12 months ago.
Much of the work for Saffery of late has been around reversals and takeovers. The stock market seems to be showing at least some form of recovery, and that will always be positive in terms of businesses looking for admission. A number of companies are ready to IPO effectively, theyre beginning to queue up and wait for the markets to reopen, comments Simpson.
Substantial interest is coming largely from overseas companies, notably those based in China, India and the US, says Simpson. The last of these may come as a surprise, given how US ventures have had a mixed experience on the exchange: US companies are continuing to look to AIM, where the regulatory pressures are less onerous. For these companies, its also about getting into Europe, establishing a presence and gaining market visibility.
http://www.smallbusiness.co.uk/print//cover-stories/1071872/rise-of-the-reverse-takeover.thtml
Treacle28
- 23 Nov 2009 20:03
- 67 of 78
Lots of reverse takeovers/acquisitions in recent days....fuelled by bouyant market.
http://www.google.co.uk/#q=reverse%20takeovers%20%2B%20aim&hl=en&cr=countryUK|countryGB&sa=G&tbo=1&output=search&tbs=rcnt:1&fp=bb2a258dea5f506b
ravey davy gravy
- 23 Nov 2009 20:08
- 68 of 78
Any reason why you are not posting about Rlh this evening after that rise ?
Treacle28
- 23 Nov 2009 20:11
- 69 of 78
Coz there is no new information I've found. I'm going to watch Eastenders now if you want to know.
ravey davy gravy
- 23 Nov 2009 20:11
- 70 of 78
Actually 0.25p or higher seems extremely high risk given the recent news.
If they actually raise funds the existing shareholders will see massive dilution
and a price way below the current price, cannot see any reason to buy this.
1 June 2009
Microcap Equities Plc
(the "Company")
Further re: Share Price Movement
Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
Treacle28
- 23 Nov 2009 20:12
- 71 of 78
gravy - squelched.
ravey davy gravy
- 23 Nov 2009 20:51
- 72 of 78
Do you not like reality, that is what the directors of the company said not me.
A "significant discount" to market price which happens to the current price.
Just incase you need to read it twice to understand, not sure why you think
this stock should be bought at 0.28p when they plan to raise capital at a fraction
of this price, the price would probably collapse on that news should they actually
raise the funds but 6 months down the line and nothing has been said ?
1 June 2009
Microcap Equities Plc
(the "Company")
Further re: Share Price Movement
Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
Treacle28
- 23 Nov 2009 21:44
- 73 of 78
'Your Directors continue to investigate ways of increasing shareholder value'.
Nicolas Greenstone
Chairman
26 June 2009
ravey davy gravy
- 23 Nov 2009 21:49
- 74 of 78
That comment above confirms you are running out of ideas here !
Lets just wait and see if they manage to pull off a heavily discounted
placing from the current price.
No reason to buy unless you like losing money.
Treacle28
- 24 Nov 2009 20:20
- 75 of 78
As well as the mention about Canisp. In the event of the worse case fundraising at 0.10p as carried out by Canisp and Zest (beginning of November) recently, Canisp went upto 0.65p and now at 0.40p and Zest climbed to 0.30p despite issuing 300m shares at 0.10p raising 300,000. Once concluded, MEQ are in a much better state and have the cleanest balance sheet, with lowest number of shares in issue at the moment of just 115m and also the mkt cap of just 250K compared to others so imo will be better placed to further go on and conclude any acquisition and more significant rises than others in similar positions on AIM. I'd still expect an immediate rise to atleast 0.50p on concluding the seven month discussions on equity investment!
ravey davy gravy
- 24 Nov 2009 20:26
- 76 of 78
Very misleading post treacle !
You of course have used the very rare examples of a couple of stocks who indeed
did raise funds with heavily discounted placings that later on did go onto rise.
However you fail to mention the many many more stocks that did the same that are
now bust or delisted or simply going nowhere.
I see the price fell sharply today, i've just read the RLH thread on here, you claimed the price would be re-rated so why did you sell them so low ?
Are people that gullible anymore, i think we all know your agenda by now !
Balerboy
- 24 Nov 2009 22:36
- 77 of 78
bravo RDG..;))