Think the 150 is a roll, Rod.

M

ML
i thought as much when i posted, but too busy working to make any money or track all trades. the jury is out now. lets see what tomorrow brings. bearing in mind how much punters have been stung with this share, it would be a brave director not to have a sweetener up his sleeve. imho .. shit..............they probably have minders the size of simon cowells we are paying for. and helicopters standing by..........worried?............me?................NO WAY


gulp

In for a penny in for a pound time to pick up a few tads with a 12 month view!
Must be very close to the bottom.

Nice to see:

1 (1) BLO Bullion RES 5.0 17
2 (2) MDS Mondas 19.0 14 A
3 (3) KBT K3 Bus.Tech. 118.5 12
4 (4) TAD Tadpole Tech. 12.25 10
5 (5) CRA Corac GRP 28.5 9
6 (6) ATL Atlantic Global 44.5 9 A
7 (7) EPD Euro Diamonds 46.0 9 A
8 (8) CCN Civilian Con. 19.25 8
9 (9) IGE Image Scan Hldg 12.5 8 A
10 (10) FLG Flightstore 3.0 8

M

No M he didn't attend and neither did you. Just what is going on. You boys are suspected of being part of a ramping syndicate and all claim to be loyal holders yet none of you have bothered going to the egm.

hmmmmmmmmmmmmm interesting as the chair shuffler would say!

Unopposed YES vote carried.

M

Snappy

True I would have lost that bet.
As for me i wanted to go but business commitments here did not allow.
But it went the way i thought with out me.

M

M I see that your good friend the chair shaker has been suggesting that people working for the company have been spreading rumours on bb's

1. Have you any views on this?

2. Do you work for Tadpole or it's subsidiary companies?

Snappy

If you are going to accuse me of something, then do your homework properly!

Firstly, I do not have a good friend called the chair shaker.
Secondly, I have never said that or idicated that I think any Co employee has ever posted on the BB.
Thirdly, I have no connection to TAD other than a long term investor.

Any other mud you want to sling?

M

Report produced by Nick Overton off 3i's


Beforehand there was a lengthy question and answer session, which covered topics including:

1. 675k legal cost of acquisition not included in loss of 3.2m.
2. All existing tie ups, save for Centia, were considered to be productive (meaning revenue already or revenue anticipated at some point).
3. Microsoft arrangements have not gone live yet, although close to being up and running. When each title is released for trial via this method, this will be announced. Initial deal covers a finite period and is for US only.
4. Tadpole shares are apparently traded over the counter in the US, although this has nothing to do with the company.
5. PR issues were raised and David Lee referred to the tremendous "researcheability" of the shareholders in discovering things - e.g. adobe pilot.
6. Requirements of the UKLA at the last minute to include a formal forecast, led to significant delays in production of acquisition documents.
7. The Directors have as a priority, the desire to get institutions on board, but timing is key and need to ensure credibility re-established first.
8. Mr Westerberg was asked to address the meeting on why he wanted to join Tadpole and, in my opinion, he came across very well - he created this type of technology and ST held the first patents which they were confident would provide the opportunity to drive through the new technology - good synergies between companies - although he was games focussed, he saw opportunities at enterprise level for the technology - culturally compatible - confirmed he was a very sales focussed individual. He comes across as quietly (for an American) confident.
9. All agreed that the technology was too early at first - but broadband had helped change that now, providing significant opportunity.
10. Average lead times for ST deals 6 to 9 months.
11. Tadpole indicated that it was not a defensive acquisition for patent reasons, and that they had oral confirmation that there were no infringements. Although SW did say that this was likely to be irrelevant hopefully!).
12. SW confirmed the only continent they were not currently talking to people in was Africa.
13. The transaction was complicated by the need to ensure that tax liabilities across the group could be minimised in light of past losses.
14. THERE IS NO CURRENT OVERDRAFT FACILITY.
15. No plans for a share consolidation.
16. KB is "happy" with MCI!
17. Brokers have been encouraged not to produce forecasts as these, as far as endeavours are concerned, are extremely difficult in view of the infancy of the technology.
18. No plans for a NASDAQ listing and David Lee would resign if it happened, due to regulatory requirements and costs of compliance.
19. Board seemed open to a name change if necessary.
20. The US$250k loan was a working capital advance.
21. Reduced share price means the actual cost of the ST investment is lower.

I am sure others will provide further information/commentary later.

Enjoy

Nick

Just wanted to establish a few facts M for the collection of articles and posts from various bbs that I will be sending to market.abuse@fsa.gov.uk

Pleased to see that there were said to be no reasons to do with patents for the merger.

Snappy

Get real!

M

it's your chance to come clean M!

Like i said earlier, Do you homework first!

M

snappy
apart from being unable to attend the meeting, i wouldnt have gone anyway. the result was a foregone conclusion, plus i would have been extremely miffed had i attended to come back and see the price action.useful to some/many but not me as my present holding is 11.59p average, as opposed to my previous holding which was 8.6p

Superrod
If you had attended the EGM I think you weould have come away very impressed woth the progress tad and Stream are making, the synergies are excellent and the next year should be very productive.
The company is in a much better position than Jan earlier this year when the share price was 25p and the enlarged company is coming to sales & marketing at the perfect time as braodband take up is accelerating very quickly.
Piracy is becoming a huge issue especially in the Far East for enterprise and consumer markets and there is currently only one company who can now address both these issues.

thanks yuff ( im a natural cynic when it comes to meetings of any kind )

All the sellers are getting 11.9p
Short of stock comes to mind.

M

Indie - I was wondering whether you consider that the 11.5p resistance level has been well and truly breached?