.

Morning Q, T, everyone else.

I think the best way to see how dealers are progressing will be the Alexa ratings. I am not so bullish for the share price this month, as I stated in my last email, we could even drop below 4p. If we do this could be a very good buying opportunity, moving into July. I will not do as others and predict a share price, I will wait from guidance from the company. We may stay around this mark for a while or move very quickly into double figures, we shall see.

Everyone knows I am very bullish in regards to EVS.

However if we are doing really well in regards to revenue, why has there not been more director buying. As far as directors share holdings go Steve Evans holds a very large stake, he alone is willing to back his ability with his own money. I do not see this from other people on the management team. If we are exceeding expectations would now not be considered a good time to buy, why have the other directors not increased their holdings? I am sure there is a reason for this.

Hi pete this could be one reason for lack of directors not buying

RNS Number:6589H
Envesta Telecom PLC
21 January 2005

Envesta Telecom plc ("Envesta Telecom" or "the Company") today announces that the Board has granted options to Executive Chairman, Kevin Jauncey, over 5,000,000 ordinary shares in the Company. These options are vested now, and are exercisable on or after 12th November 2006 but before 21st January 2015, and are exercisable at a price of 2.9p per ordinary share, the closing middle market price as at 20th January 2005. The Board has also granted Kevin Jauncey incentive options over a further 20,000,000 ordinary shares in the Company, which will only vest if and when the Company's share price reaches certain targets. The target share prices, number of options vesting at those prices, and exercise prices of these options are as follows: Number of Shares over which Target Share price Option exercisable Exercise price per Share 4p 5,000,000 3.4p 6p 2,500,000 5.1p 8p 2,500,000 6.8p 10p 10,000,000 8.5p These options are exercisable two years after vesting, but in any event no later than 20th January 2015.

Q
I think you are right there..............why should he buy with that package.

pete - because he can cash in the options at 2.9p if EVS are doing well - if not it will have cost nothing.

It is good to see that the price needs to rise for them to cash in their options - it would mean more dillution though. Also if they expect the price to rise to make the options a tasty package - why not buy shares in the market also and show some real comitment?

I expect that the options to KJ are part of what is required to get him onboard?

The rest presumably don't pay themselves enough to buy a few shares in the market?

Is the CCR web site down or is my PC playing up?

CCR fine for me!

fine here as well........lol

Yep rebooted now all ok

You'd think a guy that dabbles in electronics would have a half decent PC!! :)

CCR is unlikely to contribute anything to EVS's bottom line apart from some losses and costs. Even EVS, a couple months ago, did not expect CCR to be profitable for around 18 months.

An estimate that far ahead could easily be fairly wrong and profitability may not come for a couple of years on CCR if at all. Until then is must surely be a drag on EVS profits as they fund the loss making CCR.

advan you are right I do have a half decent PC thats the problem, any way I may have my first company sign up I only contacted them yesterday, they have contacts in Russia mainly Moscow and they are paying 5p per min, CCR are 2p per min. Had a fax this morning saying CCR looks good and will be using it for there over seas calls. I will push them later to us it for there UK calls as well. I have 50 companys at the mo to target hoping to have the same results, then will be moving on the then yellow pagers.

Back from another few days in planes.

Honestly, you leave it for a few days and all your paper blue turne to red!

No wobbles here though, still working to 3-6 months....

2lb, try Paris. I left in the red and they almost touched 5p whilst I was away!

Thye look more like to sink below 4p now. Only two MMs holding ther bid above 4p now. One of them is below 4p already. Plenty of decent sized selling today.

Quin, I just emailed a new number to our old Au Pair from Slovakia, issued her a number for her Mum. Well impressed when she dialled the number 5 minutes after the email!

She meets with a group of other girls over here and is going to recommend CCR!

It appears that CCR will certainly achieve getting their name around!!

Just popped in to see we are down again with not a single buyer in sight.As you say advan we nearly hit 5p a week or so ago and now look 4.1p on the bid.When will we start to steam north.

It looks more likely the next move will be south again. It is now 4 days in a row that it has fallen.

I'll give that a go, just Dublin this time for me.

I'm in Leeds most of next week, I wonder what impact that will have ! :-)

Why does this dipstick keep posting such nonsense. Their brokers have knowledge of the company that Hay and his wife do not.

Envesta At Bargain Levels - Seymour Pierce

Monday, May 16, 2005 6:23:11 AM ET
Dow Jones Newswires



1012 GMT [Dow Jones] Seymour Pierce reiterates buy on Envesta (EVS.LN), says current fall in AIM stocks leaves shares at "bargain levels." Estimates EPS of 0.33p implying PER of 11.6x for 05, 0.62p and PER of 6.4x in 06. Believes upward revisions likely in June, post trading update as run rates imply earnings well ahead of Seymour Pierce forecasts. Forecasts assume no revenue from new "Cheaper Call Rate" product, but notes company says it is performing well. Expects further acquisitions "soon." Has 6.5p target, shares +5.7% at 4.1p. (PBA)