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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 - 22 Feb 2005 14:46 - 687 of 1449

Tiger up nearly 5% on good volume.

Paulo2 - 22 Feb 2005 15:15 - 688 of 1449

I think a new high with the Tiger SP over the next couple of days should see a hike in Warthog. And when it does it could be a big one.

willfagg - 22 Feb 2005 15:52 - 689 of 1449

I hope you are right.certainly well undervalued at present.I think the fireworks will start when the product is launched. I think we are entering a boom or bust period.There will be a lot of news and projections. Could be mega exciting or slash your wrists as the golden turkey flops. Still when the price hits a pound I will think of you all....................but not much..................well you can dream

0057659 - 22 Feb 2005 16:35 - 690 of 1449

Tiger signs new deal


Tiger Telematics(R) Signs Kohnke Communications



Leading Interactive Entertainment PR Agency to Represent Gizmondo in North America

LONDON, February 22 /PRNewswire-FirstCall/ -- Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (OTC: TGTL.PK, OTC: TGTL), today announced they have signed Kohnke Communications as their agency of record to manage all public relations efforts, superseding pervious representations, in North America for their highly-anticipated handheld multi-entertainment device, Gizmondo.

"Kohnke Communications have a great reputation within the interactive entertainment industry, which is essential to compliment our global communications structure and launch strategies" said Carl Freer, Managing Director of Gizmondo Europe Ltd. "The Gizmondo will certainly attract interest from traditionally non-gaming medias, because of the GPS, messaging, email, music and movie functionality, and Kohnke's broad-spectrum experience matches that criteria perfectly."

Gizmondo will join the ranks of other high-profile clients in Kohnke Communications' already impressive portfolio, including Electronic Arts, Logitech, JAMDAT, Bandai and Namco among many others.

"Gizmondo has the opportunity to add a new dimension to gaming that we have never seen before with its global positioning system," said Erica Kohnke Kain, President and Founder of Kohnke Communications. "Gizmondo Europe shares our same passion for gaming, commitment to quality and innovation, and we look forward to a very successful collaboration."


0057659 - 22 Feb 2005 16:38 - 691 of 1449

Also:

TGTL TGTL
TIGER TELEMATICS INC Other OTC


Back to Headlines | Previous Story



Tiger Telematics'(R) Gizmondo(TM) Sponsors Key UK Industry Event



LONDON, February 22 /PRNewswire-FirstCall/ -- Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (OTC: TGTL ; OTC: TGTL.PK) , confirmed today that it will be a sponsor of the forthcoming MCV Industry Awards, which recognizes the achievements and successes of the last 12 months in the interactive entertainment industry.

The annual event held this year on 7th April by the UK's leading trade publication, MCV, and attended by games publishers, retailers, and industry marketers, is regarded as one of the premiere events in the industry's calendar. Included in the sponsorship package is a dedicated area to showcase the Gizmondo and profile some of the fantastic features of the new handheld to attendees.

Stuart Dinsey, Publisher, MCV, says: "Now in its third year, the MCV Awards has established itself not only as a key date in the games market's calendar, but also as an event with profile and credibility throughout all sectors of the industry. We're extremely glad that the Gizmondo team has recognised this through its decision to become the Platinum sponsor of this year's MCV Awards. And we look forward to providing the Gizmondo brand with a terrific platform throughout the build-up to April 7th, on the night itself, and in the aftermath."

Carl Freer, managing director of Gizmondo, says: "We're delighted to be taking part in this prestigious industry event. It's an ideal platform for us to showcase the Gizmondo as a significant player in gaming and mobile entertainment."

Peter Malmstrom, marketing director, Gizmondo Europe, added: "Having chosen the UK from which to launch the Gizmondo, it's important for us to be a part of this event and show our commitment to the industry as a whole."


Paulo2 - 22 Feb 2005 17:07 - 692 of 1449

Just slightly concerned that they feel the need to change their PR agent so close to the launch -- unless they've been brought in specifically for the States.

m100 - 22 Feb 2005 17:21 - 693 of 1449

2 mill sell there - guess there will be some frentic buy/sell activity - profit take/invest over next few days
looks like they want a big hitter PR for the US
seem to be good choice

http://www.kohnkecomm.com/

Paulo2 - 22 Feb 2005 18:33 - 694 of 1449

The 2 million trade was a buy -- a protected trade that the MMs have been filling all day.

Possibly the 1 million as well.

If they were sells the price would have plummeted.

iturama - 23 Feb 2005 07:09 - 695 of 1449

Tiger price held up well yesterday, despite big falls on NYSE. Whog still very undervalued. The 1M trade in mid afternoon was a buy.

m100 - 23 Feb 2005 10:48 - 696 of 1449

if they were buys surprised sp hasnt pushed 1.8/1.9 by now at least on bid/offer

0057659 - 23 Feb 2005 14:04 - 697 of 1449

Can anybody confirm the launch date in th UK is it tomorrow or Saturday,
many thanks.

Paulo2 - 23 Feb 2005 14:05 - 698 of 1449

Monday

m100 - 23 Feb 2005 15:00 - 699 of 1449

thought it was 25th feb? perhaps thats why the 3 Mill buys came through wonder if it will be in the papers this w/e? - tgtl seems to be holding well $30.75

deancroft - 23 Feb 2005 15:35 - 700 of 1449

When I last rang Gizmondo in Farnborough, they stated that the Regent Street opening was to be this Friday 25th for hands on experience of the product. They quoted that the product would be with retailers on the following Monday but not all retailers. Some would get supplies on the Tuesday. Europe would get supplies within 3 to 4 weeks of this time frame (March) and two French gaming sites are also quoting this time frame. Supplies to the USA was quoted as 3-4 months after the UK launch.

m100 - 23 Feb 2005 18:10 - 701 of 1449

flash mob down to Regent Street friday then? :-)

iturama - 24 Feb 2005 07:35 - 702 of 1449

Some big buys of tgtl immediately after the bell last night. Looks poised to break out. Could be triggered by news of the nasdaq listing, or that units are finally being sent out to the website purchasers.

deancroft - 25 Feb 2005 10:01 - 703 of 1449

Morning anyone/everyone. Dear oh dear. No Regent Street opening today, I'm currently awaiting a telephone reply from Gizmondo, Farnborough, for an update. Will post as soon as I get a reply.

deancroft - 25 Feb 2005 11:34 - 704 of 1449

New date for Regent Street store opening with quote "Gizmondo units available" unquote is 19th March. No particular reason was given for this situation. Anyone know anything additional??

iturama - 25 Feb 2005 11:38 - 705 of 1449

No. Thanks, DC. These people need to get their act together.

deancroft - 25 Feb 2005 13:49 - 706 of 1449

Have now sent out e-mails to marketing people at Farnborough to see if anyone wants to put anything in writing so to speak. Can anyone see details regarding that 1 million buy at lunchtime??
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