Some time ago I was taken to task about a liking for Hot Tuna.Well I hope the taskmaster is watching the screen !!!

I'm still in .... just!..let's see how it goes from here!

Gone very quiet??

There's nothing to shout about I guess.

Up 20% are we going to reel in a nice catch???

????????? ! wot's goin' on ?

This from another board....


Hot Tuna has signed distribution agreements across Europe, (massive) Australia and New Zealand, whilst the USA is planned for the New Year.

Hot Tuna has a European / US website and and OZ / NZ website.

It has worked hard to get the brand re-established, through PR companies, and now it has offered the brand and all that it has spent time creating for sale. So someone gets the brand and the foot work has been comepleted (finding, signing agreements, creating websites) all it needs to do is put the brand into its own marketing department and away it goes.

How much would you expect another company to pay for all this?

The money paid goes into a HTT, but HTT will need to change its name a this name will go with the brand. So early next year at the AGM shareholders will be asked to vote on a new name and a new investment strategy.

Thoughts are of buying into gold, coal or r.e.m. The new HTT will have cash at a time that companies are looking for cash to push on with, so te new NTT should be in a strong bargaining position.

So this excitement is not about a clothing company, its about what it will turn in to with cash and the new investment strategy.

Looking good for tomorrow.

They love mining down under but there is a great big shark swimming around that will gobble up a little fishie!! (see the fate of Gladstone!!)

Going a bomb, yehaaaaaaaa

up 31%

Been a good morning, off the boil now. Banked profits earlier.

:-)))))))))))))))))))))))))))))))))))))))))))))))))))))

I am keeping my line in water to see what comes along!!

me too! somethings brewing for sure whatever it is !

Dipped my toes back in this morning , just a small punt. As everything else seems
dead till next week. Some good buying at the moment. Good luck all.

Sitting at break even.

We'll, I'm at break even now... wahoo! just need to 10 bag from here and I'd be reasonably happy!

300 million traded today which shows a level of interest unheard of for this minnow, as I said leaving my line in to see where it goes. I expect a battering!! lol

yep got some left here - obviously not a large amount due to extreme high risk lol :-))))

we are waiting on a bit of news then..........

gla

0.08

-0.04 (-31.91%)

Hot Tuna revenues fall after disappointing year
StockMarketWire.com
Surf wear and fashion brand Hot Tuna (International) posts pre-tax losses of £768,000 for the year to the end of June - down from £1.3m last time.

Revenues fell to £207,000 from £464,000 following a disappointing year with decreasing sales across all its geographic regions, resulting in an operational loss before exceptional items of £0.86m.

Executive chairman Francis Ball said: "While improvement has been made in avenues to market post financial year-end with the launch of the ecommerce site www.hot-tuna.com and signing of an Australian distribution agreement, revenue has not met forecasts and cashflows are not expected to support the business through 2012.

"As such the board took the decision to sell the company's key asset of the IP and stock of Hot Tuna in November.

"Currently the board is working with interested parties and is expecting to present a firm purchase offer to shareholders in January.

"Although strong interest has been shown in the purchase of the brand to date, in the event of a sale not being achieved the board will investigate funding solutions and aggressive overhead cutting while working constructively with the Australian distributor.

"In the event of a sale of the brand and business being successfully achieved, the board has indicated the company will remain as a listed 'shell', with the incumbent directors excluding Marcus Yeoman expected to step down."