Some good news at last from this weeks Shares mag. Tim Freeborn revisits the company and altho no firm details are given about new deals he says they will be announced this quarter. I would think that this could be at the same time as the interim results are announced. I for one will be holding on cos they will fly sooner rather than later! ( 8.30% up today!)

I think the problem with this stock at the moment is that it is about to get entangled in a long scrappy legal battle which will certainly unsettle its price if it wins its case with baltimore and wins well i think you will see the shares fly but until then hold tight and hope the lawyers do a good job for us. any uncertainty in a stock will depress the price and a legal battle is always uncertain

I already said that except for the part about the lawyers do a good job for us.

They will do a good job for themselves.

UP 4.1% so far today.

Will it last?

Will the large contracts be announced?

I spoke to the chief executive last Tuesday and wrote an update in Shares Magazine. Like everyone else, I'm hugely disappointed with the lack of firm news. Court cases might yield something but they're the cherry not the cake. Rob Cunningham said there would be two announcements in July: details on the Wanadoo deal and the announcement of the sportsbook venture in the US. His credibility really will be dented if neither appears.
Basically, I recommended the shares back in January because Cunningham was so emphatic that a deal with the Post Office bank would be announced within very few weeks. Still no announcement. Everything apparently signed but held up by the Cabinet. Another major deal, which I can't name, is said to be a clause away from agreement. Okay, so long as it isn't Santa Clause.
The analyst at Bridgewell remains an enthusiast, but he's only recently returned from his honeymoon and is nowhere near ready to produce a note. Bridgewell likes to do a full volume rather than a two pager. At least Bridgewell's support means there should be little danger of financial difficulties before revenues build up.
It's frustrating that PlaneStation has risen over 50% since January while this one has gone backwards. Let's see what happens between now and 31 July.

thanks Tim......I appreciate your post.....

Thanks Tim

tim iam not a holder of this stock but been following on rader screen,what people should realise is you or any other tipster cant be 100% correct all the time. you should stand by your own buys at the end of the day,no one points a gun to make you purchase this or any other share.cheers woodie

Tim - am I able to copy your post and publish it on another bulletin board ?

Thought it courteous to ask before I do so.

had a call from RC regarding my post 311 and that i called him a bull......r
He obviously told me he is not and the reason he did not call back is that he has been very busy...but he did not say doing what. He sais it is not regulatory rules holding up the US deal, but due diligence. He emphatically denies saying the hong kong deal was going live july 1st to tim freeborn, but what about the post office deal? The hong kong deal started trials july 1st and will be live oct 1st. Again, as i posted earlier i said to him that i would rather him not make any comments and announce deals when they are ready and surprise the city. As a holder of 3m shares that is what i would prefer. Well at least we know he looks at the BB board

Oh well. Someone posted it anyway. It wasn't me.

Sharemess,

My apologies! It was me; I didn't read your request to post it elsewhere, so also my apologies to Tim as well. As it was on a public bb and I did urge all there to register here :-) I didn't think it would hurt, in fact I thought it would clear up some of the more misinformed on 'that' thread.

I continue to track the company in the hope that an opportunity as leaked by the various press comments will present itself.
Once again, my apologies if I have acted rudely or discourteously.

Re Post Office Deal

I suggest contact Post Office senior management who will be very happy to confirm if there is even a grain of truth in what Tim Freeborn has written. I'm very concerned Tim Freeborn appears to have purchased 1.2m shares having it seems been made an 'insider'since RC confirmed to him a deal was done with Post Office before the market has been told, if true a very serious offence and should be reported to FSA without delay.

Its interesting Tim mentions ' there should be little danger of financial difficulties before revenues build up'. Interesting comment when one considers June staff salaries paid friday 16 July ( as i understand should be paid 4th friday june )AS USUAL VERIFY THIS INFORMATION

Tim i suggest you do more thorough research on EPO before writing further articles which are potentially misleading.

Re Baltimore Threatened Litigation. I understand Baltimore Lawyers appointed to defend any such actions, make no mistake ,firm appointed will enjoy preserving their reputation as one of the leading law firms in the city, EPO will also have to find some money to lodge into court should they wish to proceed, watch this space !!!!!!!!!

Tradx

you say you urged all there to register here!

I wish you hadn't!

Now we will get all those people calling each other names on here & clogging up all the threads with insults.

SSANEBS
Either you or Tim (or both) are continually being made a lug off. This was in Tims posting after shareholders meeting. I would tend to belief Tim would you?

The Chinese contract starts generating cash in July. Already over 800,000 cards have been issued. The Chinese government intends to roll them into southern China. They will include three biometric measures. Earthport is not guaranteed the payments contract in Guangdong but seems very likely to get it. The province has over 40m transient workers who the Chinese are having trouble taxing. ID cards are really tax cards.

To Johnny Wilkinson,
You include the weasel qualification 'potentially' in your posting where you accuse me of a criminal offence which carries a prison sentence. There are also laws of libel. They carry no prison sentence, just 'potentially' heavy damages.
I didn't buy any shares in this company until I published. And even then I made a point of not being an early purchaser precisely because this would have been to take advantage. And I then held my shares and watched them fall, along with other investors.
As for checking claims, it is very hard to pursue this sort of inquiry. Sometimes it's possible, sometimes not. Earthport is especially difficult in this respect because its product is invisible and often white label. I did check out the relationship with Betfair and the company gave Earthport a glowing endorsement. Fine, except Earthport itself said in May that take-up from the betting firms has been slow. That is why it decided to counter by launching the ensurepay product, a rival to Neteller, in the US.

Finally, and this quote has gnawed at me since January, Rob Cunningham said back then: 'We only believe 30% of what we tell ourselves.'
At the time I took this as a merry quip and, in any case, not a cause of concern provided he delivered 30%, or just 10%, of the deals he was chasing.
Time will tell, meantime go easy on the libels.
Tim Freeborn BA ACA

Thanks for that Tim.

Sorry to see Johnny Wilkinson on here with that kind of attack.

BTW
What are your views on the relationships that EPO had with companies such as Gelande?

Johnny wilkinson
get your facts right before posting. TF tipped the stock and told investors the potential of EPO if it delivered. To accuse TF of writing misleading comments is rubbish, if anyone has mislead investors it is RC. But lets give him a bit longer to deliver.

Tim either you expose Mr Cunningham publicly for what he is now or risk your reputation and destroy your future as a financial tipster and the credibility of your employers at shares magazine. I bought on your tip but I just feel it was just a bunch of lies and you do not seem to notice that and continue to add to them. I'm not saying it is your fault but something has gone amiss somewhere.

I suggest you call 02079071100 and speak to RC and make your own conclusion. in my conversation he is adamant that he has not misinformed anyone, but to keep invstors updated he gave timings which have been missed.In the future he will not give anymore. I dont think he is lying and that is why i still hold my 3m shares, even though now i wish i had never bought them!

apple,

Sorry, I didn't think about the negative aspects of that! Anyway, Tim has given a pretty robust response, which from a journalist is refreshing to read. Wont do it again...:-(

regards to all.