I bought into these some time ago, and they haven't really moved much for a while after initial links with Music co, etc. However, this week has showed some interest, anyone know whats going on?

Things are definately afoot at VTB this is from the RNS for the new placing at 4p

"We have decided to take advantage of the recent improvements in the share
price to strengthen the Company's balance sheet. The fact that the business can
attract this additional investment is a testament to our improving situation',
commented Mike Neville, Chairman. 'Additionally, we are now seeing increasing
opportunities for vertical integration which will improve shareholder value."

it's the last sentence that caught my eye and follows on from previous comments by the chairman about consolidation.


dyor

It seems good but they only raised 1,000,000 approx Before expenses -- lawyers
fees 999,999

Oh well, that's it then ? for a while !?
Once again, another issue of equity, share price heading south !
Lots of promising noises but nothing really happening.

Any one got any good news to cheer me up ?

Or must I wait 'till Sat. morning when England win the Rugby World Cup ?

this is number two in todays percentage gainers list so far and vertical integration could be on the cards according to chairmans statements regarding placement.
cheered me up.

Thanks, cheered me up a little !
What is meant by V. Int. & when do you think it's likely to happen ?
Price has gone up today... down tomorrow ?

didn't you do economics at school?

This is where a company merges or takes over other companies in the same supply chain. So if a manufacturer takes over his supplier or the retailer of his goods/services, that's vertical integration.

so with VTB it wouldn't be with another streaming co but with either a supplier of content or a provider of web related services I guess.

I have a feeling if anything it will be a merger rather than an aquisition, you can't buy much with a million quid these days.

I have no idea who it could be though or what the price will do tomorrow.

Their Nov 19 statement is - in my opinion - Very Positive

hi ajren,
what's your on comments for next week???(vtb)
s.h

News:
http://www.virtuecorporate.com/pdfs/BarcelonaGov_241103_PR.pdf

rgds
ARC

Lots of buying going on today. 1.8m so far. Does this mean it won't fall back that much today ? and go up tomorrow ? perhaps it's winding up for a large upward move in the share price ?

skyhigh,

Yep, lots of buys but still no news. I'm waiting to see what happens before buying back in.

Errrrrr, the news was pointed out by arc2002

apple,

Sorry, I was referring to the lottery bid news, which I personally feel is of bigger value.

Mr Campbell

8,000,000 = 4.65 per cent of Company
.............
Hi power50,
Sorry,but I cannot give an opinion as I only read the News on this share rgds aj

Ok... so what's going on now ? 5.6m buys and the price goes down on a positive market day ?....

VTB needs more substantial revenue generating news to help hike the price.

Virtue Broadcasting PLC
27 November 2003


VIRTUE BROADCASTING PLC

27 NOVEMBER 2003

ACQUISITION OF KAMERA HOLDINGS AB

Virtue Broadcasting Plc ('Virtue') announces that it has today entered into a
conditional purchase agreement to acquire Kamera Holdings AB ('Kamera') with
Kamera's convertible bond holders and shareholders representing 70 per cent. of
the issued share capital. Kamera is a Swedish based company traded on the
HQ-Tech market.

As announced on 3 October 2003 Virtue has been reviewing the IP based corporate
communications sector for value enhancing consolidation opportunities, and is
delighted to have reached agreement with a majority of the Kamera shareholders.
Kamera provides webcasting and content distribution services to large
corporations and professional institutions, and is a market leader in the
Nordics. Kamera's customers include the Stockholm Stock Exchange, Nokia,
AstraZeneca and Pharmacia.

Kamera reported in its rights issue prospectus dated 4 November 2003 that it had
made unaudited revenues of 1.3 million and loss after taxation of 0.5 million
in the 8 month period to 31 August 2003. The prospectus highlighted that Kamera
had net liabilities of 0.1 million as at 31 August 2003 which included 48,000
of cash. The audited accounts of Kamera for the 12 months to 31 December 2002
show revenues of 1.5 million, a loss after taxation excluding goodwill
impairment and amortisation of 1.3 million and net assets of 0.4 million.

Following this announcement Virtue will shortly file in Sweden a prospectus with
the Finansinspektionen, the Swedish Financial Supervisory Authority, to make a
public offer to purchase the entire issued share capital of Kamera on terms
outlined below. The purchase is conditional upon receiving more than 90 per
cent. acceptances from the Kamera shareholders and both the satisfactory uptake
by its shareholders of between 420,000 to 600,000 in the outstanding rights
issue (and for which the 70 per cent. of shareholders referred to above have
undertaken to subscribe 420,000) and conversion of 80,000 of convertible debt
in to shares prior to the completion date.

In consideration of the entire share capital of Kamera, Virtue will issue
between 40,760,000 and 43,796,389 new ordinary 0.1 pence shares, depending on
the uptake of Kamera's outstanding rights issue plus a total of 100,000 cash
consideration. This represents approximately 19.2 to 20.3 per cent. of the
enlarged share capital of the new group. Based on the closing mid-market price
of Virtue shares on 25 November 2003 this values Kamera at 2.5 million to 2.7
million. The completion date is expected to be on or before 9 January 2004 and
application for new shares to be admitted to AIM is expected to be five days
after completion. A further announcement will be made at that time.

Fredrik Ramberg, Chairman of Kamera, commented, 'the purchase of Kamera by
Virtue presents a major step in the consolidation of the webcasting market in
Europe and will give the new group access to broader markets as well as
technical platforms for their respective digital communications businesses'.

'The Kamera business has excellent people and customers and were innovators in
the early webcasting market', said Mike Neville, Chairman of Virtue, 'this
acquisition increases the company's footprint to the Nordic market which is one
of the most mature in Europe. The extended customer base, which is second to
none, will add valuable revenue streams and associated margins. This transaction
is an integral part of the business transformation process that we are currently
undergoing, where our intention is to offer valued added IP based communications
services to corporate customers and professional institutions across Europe.
This strategy will be leveraged from our current core operational
infrastructure, and provide enhanced margins and longevity of revenues over the
medium term. Finally, and very importantly, our customers will be able to access
integrated services across a European footprint, which should reflect
significant value.'


ENDS

Do we see this as good news, positive move on price maybe?

7 paragraphs of the usual P.R.nonsense written by the marketing gurus.

Any good trend upwards this week after the 27th novembers good news.