Yoomedia ( www.yoomedia.com) are looking for a slice of a 6 Billion pound government payout to provide the likes of interactive voting from your remote control.The market cap could explode if the company wins a slice of the pie.It has recently set up a new division to expoite the tremendous opportunity that this sector has to offer.

A must have share for the long term.Very illiquid stock which translates to relatively small purchases moving the price rapidly.If a big player takes an interest this could honestly move beyond our wildest dreams.

From the iii board
RESPONSE FROM AIM REGULATION! Ernest Scribbler
Heres the response, I'll be taking a private action, and keep you informed.


************
Dear XXXXXXXXX


Thank you for your email in respect of Yoomedia plc ("the Company").

Where concerns arise in relation to a company's compliance with the AIM
Rules, the Exchange will take appropriate steps to investigate any
potential breaches of those rules. Our duty of confidentiality precludes
us from commenting on individual cases, but we would like to assure you
that any issues raised that may indicate a company may have breached its
responsibilities under the AIM Rules are investigated thoroughly and
appropriate action taken. Such action may include sanctions as provided
for by the Rules and in certain circumstances referral may be made to
other regulatory bodies.

We note your concerns and assure you that we will be further
investigating whether the Company has fulfilled its obligations under
the AIM Rules, specifically by ensuring any new developments in its
financial condition or performance have been notified without delay.
However, your concerns regarding lack of communication from the Company
and the Company's strategy to raise additional funds instead of
disposing unprofitable parts of the business are not within the remit of
the AIM Rules. You may wish instead to seek legal advice to further
pursue these concerns.


Yours sincerely

What exactly is the complaint John , misleading statements ?

what is misleading you dil?

This bit :

"specifically by ensuring any new developments in its
financial condition or performance have been notified without delay"

Is he suggesting that in the past satements made regarding the company's future have been deliberately misleading or to be nice , inaccurate and should have been reported as so via an RNS when it became obvious that was the case?

Cheers

I think there are a good few misleading statements about.

What about the positive cash flow in Q1 but not in the first half. This was released the day before the AGM to head off the disgruntled investors. They then hit us with a 4.7m deficit in the first half when we saw the real results.

What about the "normalization of working capital" which the brokers told us would take up 4.2m of cash this year. This was supposed to be the explantion for all the fund raising and losing Lloyds as the banker. In fact it was a load of tosh and they were losing money because trading was terrible.

I am not sure if misleading your broker and then relying on them to mislead the shareholders counts.

There are numerous points where information is designed to mislead. I would also point to the raising of the ceiling price to the Vultures to 12p (those were the days) or the failure to announce the losing of the WH contract.

The story of YOO is a full of such instances.

Be good if someone did decided to make an example of these bunch of crooks.

well done Yoo , back to a Penny share!

Time to get out of YOO before its collapse.

this has been my best shorting stock ever!! Long may it continue

your well named potathead

Potatohead, did you go short on SEO and ZOO?

spiking up today and holding---just maybe there might be good news coming???

It would have to be seismic to help my paltry holding :-(((
Alan

smouldering embers---the whoosh might come!!

I wonder why YOO's news is not given out on here?

Because time after time whatever they say subsequently turns out to be total b*llox.

daily star.yoo media expects to be in profit later this year.and is raising another 700000 thou.more amo for dil me thinks.

Daily Star ????

Must be true then , lol.

>dil

"Be good if someone did decided to make an example of these bunch of crooks. "
"Because time after time whatever they say subsequently turns out to be total b*llox."

I'm trying to do somethign about curent mgmt. see the YOO thread on iii - I post as sunbaby...

Will do ... cheers mate.