tvc15
- 13 Mar 2006 22:37
Is this the worst performing share on the stockmarket? From highs of nearly 60p two years ago it is now standing at 5.50p. The management have gone to the market umpteen times in cash calls, started of with about 100 million shares, now there are over 500 million in circulation, shareholders have no confidence in this company. Supposed to be CF+ last year now it is saying sometime this year. A few mugs are buying but this will probably drop to around 3p when cash flow negative is announced. Possibility of another 70 million shares hitting the market sometime this year.
moneyplus
- 29 Jun 2006 12:27
- 101 of 107
Dil-ightful news at last!!
tvc15
- 10 May 2007 11:54
- 102 of 107
Soon be a billion shares in issue, of course they could be bust before that.
tvc15
- 14 May 2007 14:24
- 103 of 107
Now a billion+ share company.
ianwest
- 16 May 2007 11:23
- 104 of 107
Hi
I've been writing to shareholders (got a hold of the list from the registrar - 35 for hard copy) urging investors to vote against the re-election of this useless, incompetent mgmt team at the AGM. But even since I did that, they've announced an EGM to authorise another 200m shaqres - another c25% dilution! Quite beyond belief.
There's quite a lively thread going on over at iii dot co dot uk. I post as exchaton over there, if anyone's interested...
tvc15
- 07 Sep 2007 12:04
- 105 of 107
YooMedia PLC
Closure of "Avenues" dating subsidiary
YooMedia PLC (the "Group") announces the cessation of trading of its subsidiary
company FinLaw 532 Ltd which trades under its brand name, Avenues.
Avenues was a dating agency providing services to its target audience of
professional and affluent clients. At the time of the preliminary results on
29th June, the company disclosed that this business was not meeting
expectations and that strategic options were being explored as part of
management's policy of restructuring and repositioning the Group's operations.
The board has decided that Avenues is no longer viable and has committed it to
receivership as part of the process of re-aligning the Group for future growth.
Neil MacDonald, Group Managing Director, commented:
"Our Chairman's statement in June discussed our efforts in the past year to
change the operations to enable us to focus exclusively on those aspects of the
business which will produce long term sustainable returns for shareholders.
"Today's action, although regrettable, was necessary from an economic
standpoint. Despite our efforts over the last few months, the predominantly
offline Avenues business is no longer sustainable in the face of increasing
competition from online services. Our online dating business under the Dateline
brand continues and we look forward to announcing more positive news in the
months ahead."
YooMedia PLC +44 (0) 207 462 0870
Neil MacDonald, Managing Director
Nexus Financial Ltd 020 7451 7068
Nicholas Nelson/Kathy Boate
Nicholas.nelson@nexusgroup.co.uk
Seymour Pierce Limited +44 (0) 207 107 8000
Mark Percy
tvc15
- 10 Dec 2007 10:50
- 106 of 107
some mugs still buying this.
tvc15
- 27 Mar 2008 13:40
- 107 of 107
Mirada Plc
("Mirada" or the "Company")
Resignation of Director
Extension of year end
Resignation of Director
Mirada, the AIM quoted interactive media and games group, announces the
resignation from the Board of Chief Operating Officer Neil MacDonald, who is
leaving to pursue other business interests. The operational duties of Neil
MacDonald will be taken on by Aldo Campinos, who has recently joined Mirada as
Vice President Sales and Business Development and will head the global
expansion of the Company. However, Mr. Campinos will not be joining the Board
of Mirada at this point in time. Mr. Campinos has extensive experience of
international sales and business development in the interactive media sector
having previously held senior executive roles with world leader NDS in Europe
and North America and also for the worldwide business of NDS middleware, as
well as with OpenTV and Thomson Multimedia.
Extension of year end
The Board has decided to extend the Company's financial period end from 31st
December 2007 to 31st March 2008, so that the closing balance sheet will
reflect the effect of the recent refinancing and restructuring of the Company.
This extension of the period end means that Mirada is required under AIM Rules
for Companies to produce interim results for the six months ended 31st December
2007, and it is intended that this will be released on Monday, 31st March 2008.
Jose Luis Vazquez, CEO, Mirada Plc, commented:
"We thank Neil for his valuable contribution to the Company, particularly
through the recent acquisition and wish him well for the future. We welcome
Aldo Campinos who brings extensive contacts and experience which are directly
relevant to the future of Mirada."
27 March 2008
Enquiries:
Mirada Plc +44 (0) 207 462 0870
Jose Luis Vazquez, CEO
Nexus Financial Ltd +44 (0) 207 451 7068
Nicholas Nelson/John Mundy
Nicholas.nelson@nexusgroup.co.uk
Seymour Pierce Limited +44 (0) 207 107 8000
Mark Percy