Well it looks like SW is bringing his 80M shares into play!!

M

Tadpole Technology plc ('the Group' or 'the Company')

Update

Following a review of executive management's proposed business plans for the
three years ending 30 September 2008, the Directors have been unable to agree
the proposed plan for the Streaming Division which was contingent upon the
approval of a proposed financing. Consequently the Board is reviewing the
strategic options available to the Streaming Division and does not intend to
make further financing available to this division. The management of the
Streaming Division believes the division has access to sufficient cash resources
to sustain the division's activities until the current differences are resolved.
More

M

3.59p to buy online and plenty offered (250k).

Almost a new low.

edit...that 3.59p looks popular

Moneylender :

Offer is now 3.7p but for 500k online despite the buying !

Somebody is selling.

Well it looks like DL is going to be history. There is no doubt in my mind that SW and his gang have thought this through and that they have the clout to carry the day. We will then see either a management buy out or a venture cap come in with cash and the necessary dilution.
I am certain that Streaming software will one day be the way to go, so is it better to have 50% of nothing or 10% of something? I for one am fed up backing a Co that has consistently prommised the world and delivered nothing.

Will i be sorry to see DL go? I dont think so. He was in charge when we "bought" Stream Theory and blaming KB was not sufficient DL should have gone as well.
The whole ST purchase is/was a F........ fiasco, we gave 80M shares for a bankrupt company, that must have been the deal of the Century.

M

boardroom bickering - unable to agree a stategy

market cap still much higher than turnover

no mention of any profits this year

dire chart

further to fall

you only have yourself to blame moneylender

snappy

How do you know ML didn't make a load of cash last time tad was at this price and you were saying the same things then?

i don't yuff

and please stop getting your knickers in a twist

the pantomime continues .............

Ahhh so Snappy wears knickers!

Lets not go the way of advfn/iii

Looking critical now, only 1 mm on 3p bid, usually when it gets
this low most of the mm's become buyers, merrills drop to 3.5p
offer and wins go and undercut them to 3.25p offer.

I didnt really think the statement was that bad at first but i suppose
anything other than great news in this market is going to be met with
a severe punishment in the share price and there's the 2.5p bid now so
where is the bottom because i want to be having some Tadpole shares
because history always suggests they will recover at some point.

This affair could be quite a drawn out one mackem.

It posses several questions of which the first one must surely be what were Tadpole doing paying $25m in shares for a company that less than a year after completion of the deal (also at a cost of over $1m in legal fees on top) are they now unable to reach agreement on funding at the board level. Surely they must have had an idea at the time of the acquisition/reverse takeover/takeover call it whatever you want what the funding requirements might be.

It's all very fishy

Snappy

One of your better posts!!

You must remeber that ST was just about bust when we bought it for $25m
How do you spell "con"

M

Poor management snappy but then has Tadpole ever had a case
where the management were good, 25 years of losing money, the
only reason they manage to keep raising funds is that the small
shareholder still cant say no to the company, a long and painful
love affair.

very true mackem, but that love affair seems to be drawing to a close.

Seems to me SW is the biggest culprit of this con and intends to play the end game and it will be up top shareholders to stop him. His ego is telling him he will succeed his track record for shareholders is poor, unless he or his stooges pick up more shares he could risk losing everything that he has worked for over the last 9 years.
ST got 80m shares which after sales and sacking all of his staff could be down to 40m, 10% of total shares in issue with probably the majority of current share holders uk based, he might have more of a fight on his hands than he realises.
I have persuauded 4m shares to side with DL today, 10% of his total(SW's that is).
Let the battle commence.

Snappy
spot on.
i would love to sat that tad is a no brainer at this shareprice, but sadly the rns has absolutely nothing positive to say about the company.

Anyone here remember Peter Kilby? (pedro)

I wonder what he would have to say if he were not realigning his skill set!!!

Stock on offer today for anybody interested.

3-3.25p spread but online you can buy for 3.11p and upto 250k
but you can only sell 25k online albeit the nms is at least 100k.

hey Mackem
watthefookyadeeintakinabootthesebolloxmandeeawayaantaakacaadshooahthe marrasissayinyarbliddymadmandivintletthemtooniestakawayyarbothreetoryallendoopinRyhopeman

TOODLE PIP OLD BOY