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yoomedia share for the future (YOO)     

mactavish - 10 Sep 2004 22:20

Company Profile

YooMedia plc is one of the fastest growing interactive entertainment companies in the UK.
Since 1997 we have been developing and launching leading B2C consumer brands in the gaming and community sectors. We also work in a B2B capacity with leading brand owners, agencies, content developers and broadcasters to design and develop their interactive content strategies.

Led by Executive Chairman Dr. Michael Sinclair and Group Managing Director Neil MacDonald, YooMedia has assembled a highly experienced management team that possesses a unique blend of skills and experience in the areas of Digital TV, Internet and mobile phone services and technology.

With main office locations in London, Exeter and Maidstone, YooMedia manages core assets including:

Over 30 office locations throughout the UK alone

State-of-the-art studio, production and post-production facilities at our Wapping location.

UK broadcast return path & bandwidth owner

Fully fledged UK Bookmaker License

Database with over 350K UK singles

SMS Engine access with international reach

Fully staffed 50 seat Customer Contact Centre in Maidstone, Kent

YooMedia Dating & Chat - Our dating subsidiary company manages the oldest and largest UK-owned dating brands including Dateline, Club Sirius and Avenues. YooMedia Dating has over 20 office locations throughout the UK and also manages YooChat, our world-leading interactive chat service found on UK digital cable on the Telewest platform (platform extensions planned for 2005).

YooMedia Gambling & Games - Combining the brands of Avago and Channel 425 (in partnership with William Hill) YooMedia is on the leading-edge of interactive fixed odds, casino and poker gambling services for digital TV, the web and 3G mobile phones. Our gaming business also manages YooPlay, the only interactive just for fun games channel found on all four Digital TV platforms in the United Kingdom.

YooMedia Enhanced Solutions (YES) - YES works with brand owners, agencies, content owners and broadcasters to clarify the options, define the strategies and deliver the interactive content that enhances consumer and audience experiences. YES customers include the BBC, Nestle, Celador, William Hill, Channel 4, ZipTV, The Cartoon Network and HR Owen.

Jules - 28 Nov 2004 22:45 - 301 of 3776

EW....just typical of the new EVO.... They have become so aggressive in their placings recently, that they are not to be trusted. Is it that they have undervalued this share? or are they even more greedy than before?.... Richard Griffiths is a manipulative ba***rd who doesn't miss a trick...Just take a look at what they did in placing BSS 6 months ago, and what happened after a trading update last week... I hope the FSA don't take him to the cleaners as he is shorting his own company.....and that is fact....Don't it make you sick!!!

EWRobson - 28 Nov 2004 22:53 - 302 of 3776

Jules

Why should they worry about the value of the shares so long as it is easy to do the placing, they pick up their money and don't have any risk from underwriting. What amazes me is that the YOO Board should fall for it. OK they will pick up extra shares themselves but they are paying good money for services that are vastly over-charged. What's a 500K fine when you can pick up several times that for next to nothing at YOO? If you know more you should say it so as much as possible is in the public domain.

Eric

johngtudor - 29 Nov 2004 10:13 - 303 of 3776

Eric: Well we now have the details of the placing and seen the market reaction...and at this point I see no point in adding to any holding. In fact IMO all the chart signals are still to find a good bottom. Will advise when this changes. By the way I also think that with market sentiment so heavily against their advisors right now, even if they publish a strong buy note it is unlikely to get much market support. So until YOO start turning in a profit, this placing has really dented the short term hopes of its shareholders. Some time ago I posted a message to Mactavish suggesting that the management had their hands full delivering on all the planned products plus integration issues associated with the acquisitions/mergers. That statement stands and even more so today. A dangerous move to alienate your shareholders, and I do believe that good companies should look after small shareholders in the same way they look after large ones! So to ensure a balanced note, I want you to know that I will sell my holding until the company changes its advisors and demonstrates to us that it plans to change its' spots...John

Poverty - 29 Nov 2004 10:22 - 304 of 3776

I think questions should be asked at the EGM (if possible!) - something like - 2 questions : 1- Would the directors assure shareholders that they will not be so cavalier with existing shareholder value in the future (fat cat bastards don't give a toss about us anyway) 2 - Were the directors stuck using Evolution and paying such high fees because no-one else would touch the deal?

Personally - I thought YOO were interesting but there were two things I didn't like (there are more noe of course!) These were that there were no senior women at high management or Board level, which I think is a mistake in a modern media company - plus that the majority of the directors/managers are accountants - not visionary folk normally!

I think YOO have been a little too avaricious for anyones good with this new deal.

iPublic - 29 Nov 2004 10:48 - 305 of 3776

In close cooperation with another Yoomedia shareholder, I'm attempting to judge the percentage of shares owned, by retail investors, reading the Yoomedia BB's. We do have access to professional advice if needed. Please e.mail the number of Yoomedia shares held and your BB nickname, to the address below. All information will be treated in the stricted confidence.

mrbenbond@yahoo.co.uk

Meanwhile, if you hold the share certificate, expect your Proxy Voting Form soon.

If your shares are held in a Nominee account, please contact your broker as a matter of the utmost urgency, requesting a Proxy Voting Form. It will NOT be sent to you otherwise.

We only have three weeks, time is not on our side. Please contact your Nominee provider and request a Proxy Voting Form.

Please contact me, via the above e.mail address, with your shareholding and BB nickname.

mrbenbond@yahoo.co.uk

Thanks

EWRobson - 29 Nov 2004 12:36 - 306 of 3776

Well done, iPublic, for taking the initiative with regard to the EGM. I will send details of holdings (not a lot, but it is the principle) to your e-mail address. I have written to Jeremy Lacey (he published my last letter re PET) with objective not just of him printing my letter but that he should take up the cudgels on our behalf and on behalf of all his readers who could be similarly bitten elsewhere. mactavish - your perspective please or are you a bit close to the company?

One positive piece of news is that Scottish Widows Investment Partnership have subscribed for 25.7m of the existing shares or 15.4% of the equity. In other words, the enlarged company comes into the range of a significant part of the institutional market. If there are buyers like Scottish Widows around, it could hold the share price up with some share shortage, that is until the EGM floods the market with the placed shares. Personally, its a matter of finding the right time to sell (which could already be past!).

evolution were hammered in the Sunday Times yesterday with news of short-sellers swooping on the company. Great news if they go belly up although too late for YOO investors. Agree with jgt that anything evolution says is likely to be treated with disdain and disbelief. Another article on BT's interest in this market-place does highlight the potential attraction of YOO as a tasty morsel to swallow. I am less concerned that YOO will not be able to make the acquisitions work for them - they have certainly made good progress with other acquisitions. This just makes the nature of the deal all the more frustrating.

Eric

mactavish - 29 Nov 2004 12:50 - 307 of 3776

Hi Eric, Good for you that you are writing to shares, I agree with what you say. Its a disgrace that we are getting ripped off, someone warned me of this Evolution a long time ago but I never took any notice. I never thought YOO would be so niave to let them get away with this placing at 15p.

Poverty - 29 Nov 2004 13:02 - 308 of 3776

iPublic - what are your intentions? I doubt the users of this board have 1M shares between them - so what can we do? We can't stop the deal now - with the board and their chums owning 40% plus.

All the shares are placed apparantly - plus the large holders are restricted in selling them until March 2006.

iPublic - 29 Nov 2004 13:39 - 309 of 3776

May I remind all shareholders to REQUEST their Proxy Voting form, A.S.A.P.

If your shares are held in your nominee account, please contact your provider TODAY, to REQUEST a Proxy Voting form. Please hold on to the form at this stage.

Do not let apathy, stand in your way.

Please e.mail me, stating the number of Yoomedia shares owned and your BB nickname.

mrbenbond@yahoo.co.uk

ianwest - 29 Nov 2004 16:16 - 310 of 3776

iPublic on moneyam = TriggerTV on a d v f n . c o m ;-)

iPublic - 29 Nov 2004 18:02 - 311 of 3776

Working with another, long term, Yoomedia shareholder, I'm attempting to judge the percentage of shares owned, by retail investors, reading the Yoomedia BB's.

Our aim to get as many independant retail holders to join together, so we dont get walked over or overlooked. Strength in numbers!

Once I have your e.mail address, you are on our database and can be contacted at any time.

We do have access to professional advice if needed. Please e.mail me, the number of Yoomedia shares held and your BB nickname, to the address below. All information will be treated in the stricted confidence.

mrbenbond@yahoo.co.uk

Meanwhile, if you hold the share certificate, expect your Proxy Voting Form soon.

If your shares are held in a Nominee account, please contact your broker as a matter of the utmost urgency, REQUESTING a Proxy Voting Form. It will NOT be sent to you otherwise.

We only have three weeks, time is not on our side. Please contact your Nominee provider and request a Proxy Voting Form. Hold on to the form for the next week, you have until the 18th December anyway.

Please contact me, via my e.mail address, with your shareholding and BB nickname.

mrbenbond@yahoo.co.uk

Thanks

EWRobson - 29 Nov 2004 18:23 - 312 of 3776

Please take iPublic's request seriously! Even if the holdings are not large the number of votes has media significance if nothing else. And write to Shares (as I have done), IC, other press. This is such an open travesty of justice it must have as much publicity as possible!

Eric

iPublic - 29 Nov 2004 19:08 - 313 of 3776

2m shareholders have now expressed an interest. Keep those e.mails coming please. It may yet prove very useful.

mrbenbond@yahoo.co.uk

iPublic - 29 Nov 2004 22:10 - 314 of 3776

The running total is now 2.2m, thank you for your kind replys.

If you have not yet responded, please do so at the earliest opportunity. We may arrive in a situation where every vote counts.

Please REQUEST your Proxy Voting Form, as a matter of urgency, if you hold your shares in a nominee account. They WILL NOT send you the forms otherwise. Do NOT post the form yet. You have until the 18th of December.

iPublic - 29 Nov 2004 22:53 - 315 of 3776

Now 2.85m.

I promise you complete discretion.

mrbenbond@yoomedia.com


mactavish - 30 Nov 2004 11:06 - 316 of 3776

Yoomedia PLC
30 November 2004


30 November 2004


YooMedia PLC ('the Company')

Director's Interest

The Company was informed on 29 November 2004 that on that date Mr. Andrew
Fearon, a director of the Company, purchased 37,500 ordinary shares of 1p each
in the capital of the Company at a price of 17.85p each. Following this
acquisition Mr. Fearon has an interest in 1,364,026 Ordinary Shares representing
0.82 per cent. of the current issued share capital.


This information is provided by RNS
The company news service from the London Stock Exchange



iPublic - 30 Nov 2004 11:58 - 317 of 3776

If shares are held in nominee account then there are two options. If the holder intends to attend the EGM, they will need a letter of representation.

If they intend to vote without attending, they will need to complete & send in the proxy form.

At this stage, we are not advising people to do one thing or the other, but perhaps we could get an indication of which way you all intend to handle things.

1. Your vote for the merger, Yes, or No.

2. Do you intend to return the Proxy Voting Form, or attend the EGM, by applying for a Letter of Representation.

mrbenbond@yahoo.co.uk

However, if you send in your proxy forms, you will not be able to obtain a letter of representation and attend, or their is a danger that you could vote twice.

If they already have requested their form and they intend
to go to the EGM, then they need to exchange it for a letter of representation.

Sorry about this, I was not aware and only just found out.

Those holding share certificates, intending to attended the EGM, do not need a Letter of Representation.

iPublic - 30 Nov 2004 12:03 - 318 of 3776

Working with another, long term, Yoomedia shareholder, I'm attempting to judge the percentage of shares owned, by retail investors, reading the Yoomedia BB's.

Our aim to get as many independant retail holders to join together, so we dont get walked over or overlooked. Strength in numbers!

Once I have your e.mail address, you are on our database and can be contacted at any time.

We do have access to professional advice if needed. Please e.mail me, the number of Yoomedia shares held and your BB nickname, to the address below. All information will be treated in the stricted confidence.

mrbenbond@yahoo.co.uk

We only have three weeks, time is not on our side. Please contact your Nominee provider and request a Proxy Voting Form if you intend a postal vote OR a Letter Of Representation, if you wish to attend the EGM. Hold on to the Proxy Voting Form for the next week, you have until the 18th December anyway.

Please contact me, via my e.mail address, with your shareholding and BB nickname.

mrbenbond@yahoo.co.uk


willfagg - 30 Nov 2004 12:12 - 319 of 3776

I wish you well i public but bailed out when the so called defenders of shareholder value dropped me in the Sxxx after suspension( The term obviously means defending the value of the cheap shares/shar options they obviously got during the deal not those owned by existing shreholders)
I would'nt buy this share again as they would probably just do the same again and just when you least expect it.Just would not tust them)

EWRobson - 30 Nov 2004 12:31 - 320 of 3776

willfagg

Your position is fully understandable. In addition to the moral issues, there is a major question in my mind regarding retention even at the current value. OK, a director has bought at present price but the amount is relatively small and appears to be 'tokenism'. I personally tend to focus on emerging companies in the less than 100m cap. area. YOO are still there but with 500K shares, they are already 100K at 20p. Reasons for holding? you see them moving to 200K cap. over the next couple of years with moving into profit and additional acquisitions; you see them as a very likely takeover target once they have assimilated these acquisitions. Reasons for selling? price held back well into the new year with new shares in issue (constraints don't apply to placed shares, onlt those used in takeover); better options elsewhere. You make your YOO choice or take your money!

Eric
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