http://www.brainspark.com/
Price 0.25-0.40 pence : 08.11.04
Trades over 60,000 Shares are delayed in reporting by 1 Hour.
Daily Execution Price and Volume


Brainspark Plc is an AIM listed company, focusing on investments in best-of-breed Information & Communication Technology (I&CT) primarily in Europe and Israel.
The core competence of the Company is the vision and the understanding of I&CT, and how these technologies will be key for the creation of break-through applications, combined with an international network of excellence among researchers and entrepreneurs.
The advent of broadband will have a major impact on the way businesses operate providing opportunities for new services and contents
We believe it is a timing issue, rather than a 'will be' issue. Brainspark is positioning its portfolio of investments to be ready to take advantage of the broadband opportunities when they become available.

Shares in issue 192m 1p ORDS
Major shareholders
Major Shareholders.................Amount................% Holding
Cross Atlantic Technology Fund.....33,916,050.............17.64
Company Directors
Francesco Gardin...................31,903,278.............16.59
Alberto Agosta......................2,527,273..............1.314
Edward Burman.........................681,818..............0.355

Brainspark have investments in the following companies:


www.geosimcities.com
Geosim Systems has developed proprietary technology for automation of the production process of 3D models as a product derived from satellite and aerial images. This technology will be applied in standard products for the creation of very high resolution 3D models of towns and other locations, and will be accessible via broadband Internet.
Geosims technological partner is Argotek, owned by the FORMULA Group (NASDAQ-FORTY), one of the major Israeli software companies.
Geosim Systems was founded in Israel five years ago as a satellite company of Tiltan System Engineering Ltd (TSE) by a group of technical experts who had been members of the Israeli Air Force.

From November 2003 to January 2004, Brainspark made a further investment in
Geosim Systems Limited (51.75% owned by Brainspark) of
US$50,000. GeoSim is an Israeli company, whose main business purpose is the
creation of 3D models of cities and other areas of special interest. GeoSim's
management believes its state-of-the-art technological tools allow cost and time
saving in data collection and 3D modeling process. GeoSim realised revenues in 2003 of about US$400,000 (#240,000) mostly in the second half of the year and is expecting to make further progress in 2004, particularly in the USA where the
main focus will be on developing Homeland Security applications and in Italy
where the Company is in discussions with local authorities in a number of
historic cities.

www.theusabilitycompany.com
SOLD 320k


www.metapack.com
MetaPack's mission is to make traditional supply chains more responsive to individual customer needs. We provide zero defect fulfilment that attracts, converts and retains valued customers at the lowest cost to serve. We are helping retailers to: extend range availability in smaller stores reduce the cost and improve the service of online fulfilment implement web-based ordering throughout retail offer the widest range of delivery options revolutionise services in shopping centres MetaPack works for companies such as Boots, British Land, GUS (Reality), M&S, Sky and WHSmith.


www.kerb.co.uk
Kerb, winners of various major industry design awards (including a Design Week Award and the Yell Award for best use of e-commerce), and the Future UK Internet "Web Agency of the Year" award, are a Full Service Digital Agency based in Brighton consisting of 20 people, and have built a reputation for producing high quality, funky, cutting edge Internet sites, CD-Roms, and web-based games for clients. These UK clients include: Pepsi, Electronic Arts, Mathmos, Scottish Telecom, EMI, the Mean Fiddler, Elida Faberge, Flextech and Petspark.com (one of Brainsparks incubated companies). Kerb also have clients in Switzerland, Japan, and Hong Kong.


www.fortune-cookie.com
Fortune Cookie creates award-winning online solutions. From consultation to actual implementation of the chosen route, turning difficult technical propositions into simple and dynamic realities. Fortune Cookie is a global brand with global coverage, and an integral partner of Brainspark and the partner companies.
On 4 December 2003, the Company increased its percentage ownership in
Fortune Cookie (a company which offers strategic thinking, design and build
services in web and wireless technologies) from 25% to 29.44% by capitalising
#48,176.39. This transaction puts Fortune Cookie in a better financial position
to enter into discussions for potential mergers to enlarge its market share and
to participate in a large innovation project overseas.


www.easyart.com
Easyart.com is the UK's largest online retailer of reproduction prints and limited edition art. It offers over 40, 000 fine art and photographic prints, with more being added every day, plus made-to-order picture framing.


www.traderserve.com
TraderServe is an application service provider targeted at professional traders, offering them a flexible, highly sophisticated, yet easy-to-use, modelling system for financial and futures markets.


www.sanvicentegroup.com
The shareholders of the company are prominent financial institutions, corporations and technology entrepreneurs from throughout North America and Europe. The company is led by a board of directors with extensive experience in the venture capital industry.


www.acsys.it
Advanced Computer Systems (ACS) are involved in the design and production of ground stations for the acquisition of data from remote sensing satellites; analysis and processing of digital images; geographic information systems; virtual reality; management of large amounts of information. It is currently preparing the complete digitalisation system of the radio archives and production for RAI (Italian State Broadcaster).

www.smile-on.com
SOLD 220K


www.impression.it
Impression created in February 2000 by a group of Internet experts operating in the ISP sector (Internet Service Provider) provides high added value quantitative and qualitative analysis of accesses to web-sites and detailed online reporting.


www.ludonet.it
Ludonet, founded in 1995, is a leader in the development and management of online entertainment and virtual community solutions.

In September Interims directors highlighted consolidated NAV position of 3.3m and described this valuation as conservative. Directors are paid in options/warrants at 1.1 - 1.31p/share. Given two investments that carried a book value of 22,000 in these results were sold for over 500k, how much is the remainder worth?

192m shares in issue
Mid-Price...........NAV / Market cap equivalent
0.30p................0.58m
0.40p................0.77m
0.50p................0.96m
0.60p................1.15m
0.70p................1.34m
0.80p................1.54m
0.90p................1.73m
1.00p................1.92m
1.10p................2.11m
1.20p................2.30m
1.30p................2.49m
1.40p................2.69m
1.50p................2.88m
1.60p................3.07m
1.70p................3.26m
1.80p................3.45m
1.90p................3.64m
2.00p................3.84m

stewart the ACS deal goes past first stage on the 31st October, this is worth over 1M to BSP.

The Geosim deal is the big one, and now confirmed as shortly going to be fully legal agreement. 2p plus today at close would be good, its all a bit too much for one day, but glad I have been holding and adding into my BSP stake in the past months.

TMC is one I am watching, but waiting on TAG first with news from 3X. I know the Flipland well and everything gets delayed, so I am hoping to get a good gain on TAG to put into TMC before the final paperwork is finished for TMC and they can start mining the nickel.

PapalPower

Do not wait too long with TMC, PCSD due tomorrow, email me if you want, we can discuss TMC and BSP, I am also a large holder of CHP.

got it ok, will drop you a line later.

hello everyone it is turning out to be a golden goose as you can see that after realisation of sale of investment and tax relief up to now has to be added to their value which comes to more than 10p--there is a possibility that any other company wants to reverse into this tiny darling in order to maximise the tax relief and the cash available for a new adventure such as in oil & gas

Who Tipped these at 0.30 pence....next one to go the same way is DMR.

I told you on the DMR thread last week, BSP was good for a lot more, think you sold too early on BSP SueHelen.

DMR I am still confused over the assets, needs a lot of research on that one, still looking but not in yet.

On the iii board there has been informative discussion on this stock about all the positives,that can come out at the end,and all of a sudden one person says sell the stock,just try to get the stock cheap for himself or may be he has sold early,and now cant be bothered to see other investors making some gains.i some times dont understand this theory.as to why some people makes these sorts of comments,even they know the upside of a stock can be huge.

iii is nothing, meet the vile world of the advfn poster, ramp ramp
when they hold and deramp deramp deramp as soon as they sold,
a quick glance on the thread and all of the usual suspects are there.
Honesty is not a word to be used much on financial bb's, 10 years ago
maybe but now 90% of the posters are just blatant liars with right
at the top our suehelen/op23 and now smiler25 on advfn, would lie to
his mother for a fiver !

as far as i can figure out suehelen and smiler are same people,with very high expectations,until every thing goes pearshape,than you dont see those names for a period of time,and than all of a sudden suehelen is there for you to ramp again,but on the main subject i just want to know hows this stock will go.

ateeq, BSP if you are holding for the long term will be good value at present prices, owing to the nature of the business the price will go up to start getting near to NAV, then will fall back (as it has in past weeks) owing to no news flow, boredom and MM's marking it down knowing they can get sells.

Then the next news comes and its back in vogue and start climbing to NAV again. Long termers will not go wrong, but if you hold for the long term be prepared for drops down for no reason.

I feel sorry for those who sold out in the past few weeks, just because the MM's marked it down, and for no reason, other than to make a market, if those people would have held then the price would not have dropped and they would be better off today. Sad fact with the AIM now with CFD/SB, its becoming more and more manipulated and nothing to do with the companies assets, progress and trading anymore. The sooner they put a large dose of tax on CFD/SB and make it more expensive, the better for long term investors in my opinion.

thanks papalpower

LOTS OF SELLS BUT COULD THEY NOT BE BUYS ,BECAUSE AT 13.05PM THE PRICE WAS 1.90,WHICH WAS A BUYING PRICE,AND AN HOUR LATE TRADE IS SHOWING UP AS A SELL,CAN YOU RECTIFY THIS PAPAPOWER

all 4 mm's 2-2.3p....the othet mm citi is not getting involved, i dont
know why mm's bother to quote at all in penny stocks when they stay
miles off the bid and offer.

Online it's 2.06-2.25p for 375k both ways, mm's happy to make a cut
jobbing on this spread hence no movement for a while.

Very kind of wins to force it down to let me buy in below 2p.

Not my normal cup of tea but when this news is confirmed
i can see a 30-50% gain or maybe more in the making.

A bit harsh mackem on myself.....a ten bagger if you followed my advice last November.

Hi Papal, I made my 300% gain buying at 0.30 pence and selling at 1.30 pence in August. Made a 100% on these trading these over the last couple of days. That's more than enough for me. I have a motto of not falling in love with stocks and that's stood me well.....these kind of gains happen several times during the year on different stocks.

For example...there was a 1000% gain to be had in HHO if everyone timed it right.

Mackem - DMR will be the next ten bagger.....IMHO but the one who have been ramping MOI will never get be a ten bagger let alone get to 1 pence.

Squelch Mackem...someone who thinks he's above the rest (this game is not for the likes of you)...just see his comments on the DMR thread and how he has disappeared from there as the price has risen 35.00% this week.

lovely day... another 100% rise tomorrow me thinks

Mackem Alert - anything to say on Katcenka's post.....Is he too strong for you to attack.

Heres news of Microsoft - httphttp://news.bbc.co.uk/1/hi/technology/4382112.stm

interesting


think US firm.... think and Link ;-)

There were some big buys after the bell which moneyam only shows upto 4.38pm,but on the iii thread there were contin buys until 17.38pm,so may be a good start tomorrow,who knows,but good luck for tomorrow,and hope to get an rns soon,and a positive one.

No Ateeq. The MM's 'brought the price down at the end' because they took on 2.5m worth of sells within the space of 10 minutes...