Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

Warthog Looking to the future !!! (WHOG)     

SueHelen - 23 Dec 2003 17:29

http://www.warthog.co.uk
Daily Execution Price and Volume
big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=1&maval=10&ubig.chart?symb=uk%3Awhog&ma=1&maval=50&ubig.chart?symb=uk%3Awhog&ma=1&maval=200&
Major Shareholders
( 4 Nov 04) 367.48m 1p Ords - Evo Noms Ltd 9.12%, Broughton Ltd 8.16%, Chase Nominees Ltd 4.76%, Barclayshare Noms Ltd 4.71%, Goldman Sachs Secs (Noms) 4.18%, HSBC Global Cust Noms (UK) 3.81%, Gartmore Inv Ltd 3.09%, A J Hall 2.05%, Other Dirs 1.34%.
http://www.hemscott.com/internet/custom/whog/
Trades over 90,000 shares are delayed in reporting by 1 hour.

03 November 2004
WARTHOG PLC
DISPOSAL OF SUBSIDIARIES

The board of Warthog plc (the 'Company') announces that it has today completed
the sale of all of the Company's subsidiaries to Tiger Telematics, Inc ('TGTL')
together with the transfer to TGTL of certain intra-group indebtedness due to
the Company. The total consideration including assumed indebtedness is $8.11
million of which $1,113,000 will be paid in cash and $7 million satisfied by way
of an allotment of 497,866 shares of common stock in TGTL at $14.06 per share,
being the average mid market closing price of a TGTL common share over the 14
days preceding completion. These shares are restricted stock and as such can
only be traded on or after the first anniversary of completion (the
'Anniversary') in accordance with U.S. securities laws. Up to the Anniversary,
these shares will be held in escrow against any claim arising under certain
warranties, tax indemnities and completion account net asset value adjustments
set out in the sale and purchase agreement. 150,000 of the cash consideration
will also be held in escrow until the Anniversary, pending specific warranties.
The Company has waived the balance of all other amounts due to it by its former
subsidiaries.

Upon completion of the transaction, the executive directors Ashley Hall, Steven
Law and Simon Elms together with one other remaining employee of the Company
will transfer employment to TGTL leaving Ian Templeton FCA and David Robinson as
non-executive Directors of the Company. The Company has also undertaken to
change its name and will be calling an EGM to effect such a change in due course
and will at that time update shareholders further.

The board of Warthog plc has sought to complete this transaction as rapidly as
possible (and therefore did not elect to seek shareholder approval) because the
group has continued to face difficult trading conditions within the games
development industry, as reported in the Company's Final Results on 28 September
2004, which has put the group under ongoing financial pressure. In addition,
TGTL required the transaction to be consummated as expeditiously as possible, in
conjunction with the commencement of shipping of its Gizmondo product into the
UK. The transaction leaves the Company having discharged substantially all of
its liabilities and with a valuable shareholding in TGTL which will be capable
of realisation in a year's time. The realisable value of this shareholding
depends entirely upon the commercial success of TGTL and the performance of the
TGTL shares on the financial market.

The board considers, in conjunction with its advisers, that this transaction
represents the best available outcome for the Company and its shareholders.

Tiger Telematics, Inc is listed on the 'NASDAQ Other OTC Market' under symbol
'TGTL'. TGTL's publicly stated intention is to apply for a listing on the
'NASDAQ National Market' in December 2004. TGTL is a designer, developer and
marketer of mobile telematics systems and services that combine global GPS
functions and voice recognition technology to locate and track vehicles and
people down to street level in countries throughout the world. The systems are
designed to operate on GPS and are currently being marketed to GSM current and
potential subscribers, primarily by the company's United Kingdom based
subsidiary, Gizmondo Europe Limited ('GEL'). GEL is a wholly owned subsidiary of
TGTL and is the maker of the Gizmondo, a next-generation mobile entertainment
device which includes games, built-in music, video, messaging and picture
functions and GPS. On 29 October, TGTL began shipping its first generation
product as part of a strategic retail roll out in the UK.

The transaction gives GEL access to existing games content and porting
technology to enable the transfer of titles developed for use on other platforms
on to the Gizmondo handheld device. Warthog plc shareholders will therefore
benefit from continued investment in TGTL as it seeks to exploit the games
content and technical capabilities that the Company has developed over the past
few years.

As previously announced on 12 October 2004, GEL is interested in 8.62 per cent.
of the Company's current total issued ordinary share capital.

About the Gizmondo device
The Gizmondo is powered by a Microsoft Windows CE.net platform, boasts a
2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor and incorporates
the GoForce 3D 4500 Nvidia graphics accelerator. It provides cutting-edge
gaming, multimedia messaging, an MP3 music player, MPEG4 movie playing
capability, a digital camera and a GPRS network link to allow wide-area network
gaming. Additionally, it contains a GPS chip for location based services, is
equipped with Bluetooth for use in multi-player gaming and accepts MMC card
accessories.

The Gizmondo device and its games are due for launch in the UK in the fourth
quarter 2004 and in North American markets from the first quarter 2005.

Further information on TGTL, GEL and the Gizmondo device can be found at:
www.tigertelematics.com
www.gizmondo.com
Enquiries:
Ian Templeton
Chairman - Warthog plc
Tel: 0870 122 5420

6 November 2004.
Daily Mail Newspaper : Page 80.

DEALERS believe that Warthog, 0.11p dearer, could be a good recovery punt. More than 52m shares in the computer games developer changed hands on hopes that the worst is over. Tiger Telematics, a leading European games console maker grabbed it by the tusks in October when it bought its subsidaries, intellectual properties and assests. In return Warhog acquired a stake in TT which is now worth at least 3p per share.

iturama - 10 Feb 2005 21:03 - 581 of 1449

Finished on a days high of $28.25, up 7.2%. Blue day tomorrow.

iturama - 11 Feb 2005 06:58 - 582 of 1449

More news on the opening date.

Gizmondo to open first store on Regent Street

Regent Street wont be the same after Gizmondo opens its very own flagship store. Not only will its shelves be packed with the revolutionary pocket-sized consoles that play games, music and movies, take pictures and send text, MMS and email messages, not to mention their route-planning GPS capabilities, the shop will also stock a wide range of accessories: clothing, carry cases, games, headphones, and everything a Gizmondo owner could possibly desire.



Opening 25 February 2005, its two floors will immerse visitors in the Gizmondo experience. At street level, logo-inspired lighting, stylish showcases and plasma screens showing music videos and movies will complement the consoles, games and clothing on sale. In the basement, celebrity visits and interactive events will maintain a lively atmosphere, as eager gamers seated on product pods compete against each other using Bluetooth-equipped demo units. Staff will be on hand to answer questions and to show all visitors just how good Gizmondo really is. Mark it on your calendar and prepare to be wowed!

paul30661 - 11 Feb 2005 08:16 - 583 of 1449

I topped up some this morning but didn't really beat the spread by much. Never mind.
As said before, here's to hopefully a blue day / week / month / year (delete as hope builds / fades!) :-)

iturama - 11 Feb 2005 08:17 - 584 of 1449

Since Whog is dependent on the TGTL price, have a look at latest chart indicators for Tiger.

http://quotes.barchart.com/texpert.asp?sym=tgtl

0057659 - 11 Feb 2005 08:42 - 585 of 1449

iturama

Could you summarise please as i am having trouble with my computer this morning did manage to top up though!

iturama - 11 Feb 2005 09:04 - 586 of 1449

TGTL - TIGER TELEMATICS NEW (OTC)
Date Open High Low Last Change Volume % Change
02/10/05 26.3000 28.2500 26.2500 28.2500 +1.9000 34000 +7.21%


Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Hold
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 60% - Buy
20-Day Average Volume - 39920

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 75% - Buy
50-Day Average Volume - 68552

Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 67% - Buy
100-Day Average Volume - 48608

Overall Average: 72% - Buy

Price Support Pivot Point Resistance

28.2500 25.5833 27.5833 29.5833







deancroft - 11 Feb 2005 10:30 - 587 of 1449

Just in case any one wants to see Iturama's 581 post in the flesh so to speak, here's the linkhttp://www.regentstreetonline.com/tenantdetail.asp?alpha=on&intID=278&type=blnShop&tennant=Gizmondo
The store opening is confirmed by Gizmondo Europe on 01252557100, it's a pity they haven't posted the same info on their website, as I pointed out to the lady answering the phone.

m100 - 11 Feb 2005 12:10 - 588 of 1449

back the other way now... never mind the bollingers heres the whoggers ;-)... pity I was maxd out hold on others - might be worth loss to jump onto this one - regent store good news - gizmondo europe/uk website seems to have gorn cos I cant seem to find it now? - perhaps we ought to let the septics know?

deancroft - 11 Feb 2005 12:30 - 589 of 1449

m100 just tried gizmondo.com, its there ok but lots of plugins for macromedia/flash etc.http://www.gizmondo.com/

m100 - 11 Feb 2005 12:45 - 590 of 1449

d - there was a gizmo uk/europe site with uk/europe news some time back - ...biz, and ...net have redirection set to ...com now but not...co.uk?
gizmondoeurope.com, biz, etc are registered but no sites uploaded! see http://uk2.net/ to search on names, details
might help the marketing effort...

deancroft - 11 Feb 2005 13:56 - 591 of 1449

m100 standard domain name practice to buy up as as many name deviations and redirect to one site, it prevents others from obtaining similar sounding sites. The .com sites are recognised as truly international rating which is where Gizmondo is going, doesn't make financial sense to have different websites at different national areas such as .co.uk., .it, .fr. Better to have one site (.com)with different language options IMO, easier to maintain and central.

iturama - 11 Feb 2005 14:29 - 592 of 1449

Plenty of big buys before opening bell. Looks encouraging.

Paulo2 - 11 Feb 2005 15:51 - 593 of 1449

Tiger Telematics(R) Racked Up for Launch
Friday February 11, 10:33 am ET


LONDON, February 11 /PRNewswire-FirstCall/ --
Online Infrastructure Readied for Gizmondo(TM) Unique Services Ahead of Global Launches
Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL - News; OTC: TGTL.PK - News), today confirmed signing with Rackspace Managed Hosting Europe for the hosting of the official website [www.Gizmondo.com], which in turn will manage many of the end user personalized services and applications for the Gizmondo handheld multi-entertainment device.

The two-year deal, facilitated by Netlight IT consultants, will initially cover the rollout in Europe, and will be scaleable to account for usage patterns and spikes - since the website will be more than a simple entertainment and information portal for the revolutionary handheld. Aside from featuring movie and music downloads, the site will also host the My Giz services for updating personal profiles relating to the SmartAdds(TM), mapping for location-based services, and also the tracking and Geofencing functions unique to the gaming device.

Erik Ringertz, NetLight, says: "Over the last 8 months NetLight has been searching for the best possible hosting partner for Gizmondo's launch. The multimedia entertainment delivered via the handheld is likely to put very high demands on the hosting. We found Rackspace has the capacity to satisfy the user expectations and Gizmondo's high bandwidth requirements, as well as providing excellent uptime."

Steve Carroll, CTO, Gizmondo Europe, said: "The website will work in partnership with the Gizmondo handheld to deliver truly amazing gaming, entertainment, and GPS services. From an infrastructure point of view, Rackspace's reliability, security and service commitment fit our requirements perfectly." He added, "Scalability is also a hugely important issue for us as we roll out across Europe and Rackspace offers a service that will fully support our changing business needs."

Dominic Monkhouse, managing director Rackspace Managed Hosting Europe, comments: "Rackspace is all about Fanatical Support(TM), our customer service promise. Everyone who works at Rackspace, from our technical support specialists to our account managers, is passionate about what they do and they're always ready to go that extra mile. Our philosophy matches that of Gizmondo and we're looking forward to supporting them in their launch."

The Gizmondo is powered by Microsoft Windows CE advanced real-time operating system, boasting a 2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor and incorporates the GoForce 3D 4500 NVIDIA graphics accelerator. It provides cutting-edge gaming, multimedia messaging, an MP3 music player, Mpeg4 movie playing capability, a digital camera and a GPRS network link to allow wide-area network gaming. Additionally, it contains a GPS chip for location-based services, is equipped with Bluetooth for use in multi-player gaming and accepts SD/MMC card accessories.

The Gizmondo device and its games are currently launching in the U.K. and in North American and Continental Europe markets during the spring of 2005.

About Tiger Telematics and Gizmondo

Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc (TGTL) and is the maker of Gizmondo, a next-generation mobile entertainment device. Launched in 2004, the gaming device includes built-in music, video, messaging and picture functions and GPS.

Tiger Telematics is a designer, developer and marketer of mobile telematics systems and services that combine global GPS functions and voice recognition technology to locate and track vehicles and people down to street level in countries throughout the world. The systems are designed to operate on GPS and are currently being marketed to GSM current and potential subscribers, primarily by the company's United Kingdom based subsidiaries.

www.gizmondo.com

www.tigertelematic

Paulo2 - 11 Feb 2005 15:52 - 594 of 1449

11-Feb-2005

Sale of Equity, Other Events, Financial Statements and Exhibits



ITEM: 3.02 UNREGISTERED SALES OF EQUITY SECURITIES.
On February 9, 2009 the Company completed a sale, (that began in January of 2005), of approximately 1,116,133 shares of its common stock for an aggregate purchase price of approximately $19.5 million. The share prices received ranged from $15.00 to $25.00 per share with the higher sums received as the stock price in the market increased. 100,000 of the aforementioned shares, which were placed at $25.00 involved a stock swap with a shareholder who sold shares in the Company, that they owned, that were over 1 year old from the date of the original issue, to an investment fund for $25.000 a share and then remitted the funds to the Company in exchange for newly issued shares at a discounted price to reflect the restrictions. No warrants were issued. The Company negotiated the purchase price with those investors, based upon the market price of the securities at the time of the negotiation and with an appropriate discount for the restrictions on resale. Its common stock was issued to sophisticated, accredited foreign investors or foreign corporations in transactions exempt from registration pursuant to Section 4(2) of the Securities Act of 1933 as amended. Each had access to financial information available in public markets and was given the opportunity to review the Company's books, records and other information that they requested. The Company will use a substantial portion of the funds at its Gizmondo Europe Ltd. subsidiary to buy game content for it's Gizmondo multi-entertainment device and for future increased marketing expenses.

As noted in previous filings, from time to time, the Company issues shares to various companies and persons that provide products, game content and other content for the Gizmondo, and services to the Company including strategic partners, suppliers, distributors, independent contractors and employees, fund raising finders fees and professional advisors. The Company anticipates that it will continue this practice. The Company issued approximately 8,300,000 shares to such service providers and employees principally relating to launching the Gizmondo product and expensed approximately $14.8 million for these services in 1st quarter 2005. The transactions are non cash and do not affect cash flow of the Company. Included in the above number was 350,000 shares issued in negotiated arms length transactions related to a large content provider license agreement soon to be announced upon finalization, 358,000 in consulting services related to shares, 3,786,000 to employees and independent contractors for performance milestone achievement bonuses, 5,758 shares in the issuance process, pursuant to and related to the previously disclosed Warthog Plc assets acquisition to the investment advisor in the U.S. and 150,000 shares related to advertising and the balance issued in connection with the Gizmondo product launch to entities associated with the launch.

Following the issuance of the shares pursuant to the transactions described in this Form 8K, the Company anticipates that it will have outstanding approximately 46.3 million common shares and warrants to purchase an aggregate of 495,525 common shares, at exercise prices ranging from $5.00 to $11.25, including cashless warrants, expiring from June 30, 2006 to September 30, 2009.

iturama - 11 Feb 2005 21:10 - 595 of 1449

Another good day for TGTL. Up 3.5% @ $29,25.

iturama - 12 Feb 2005 11:20 - 596 of 1449

Barclays tech data on Whog shows 328.26M shares in issue. ADVFN shows 367M. This is quite a difference. I suspect the latter figure is the fully diluted figure which includes employee options and warrants which have not, and will not, be exercised. In the case of employees because there are only 2 left. Anyone able to give a definitive breakdown?
The notional value of the Whog shares could be 10% higher than most people have been calculating.
I have sent an e-mail to Barclays asking for clarification.

john50 - 12 Feb 2005 12:31 - 597 of 1449

MoneyAM has 367m.

iturama - 12 Feb 2005 13:26 - 598 of 1449

John,
Could be that the one figure is the authorized share capital, fully diluted, while the other is the actual paid up shares. It is normal to have a lot more of one than the other to cover stock options, warrants etc. The unpaid shares in the company's stock option plan can now be cancelled.

deancroft - 13 Feb 2005 10:06 - 599 of 1449

I was late getting onboard with WHOG and keep looking at TGTL for associated info. Couldn't find any historic posting here regarding the litigation between Jordan Racing Ltd and TGTL which looks like has a court case still pending ref SEC filing form 8-K filed 09/02/05. I'm not clever enough to know how to interpret the share moves ref SEC filing form 4 for the three directors of TGTL filed 11/02/05. Presumably, Jordan were going to be employed for Gizmondo product advertising.

iturama - 13 Feb 2005 10:51 - 600 of 1449

The latest on this case can be found below. Looks like TGTL will have to pay Jordan a minimum of $750,000 and a maximum of $1.5M, for advertising in the 2004 season (under a different name). This amount is inconsequential to the future of TGTL. http://www.courtservice.gov.uk/judgmentsfiles/j3060/jordan_grand_prix.htm
Register now or login to post to this thread.