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Earthport: Ready to fly (EPO)     

jdubb - 04 Mar 2004 17:44

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!)

draw?epic=EPO

Paulvoigt - 20 Jul 2004 17:38 - 324 of 706

bloody hell, it seems a few feathers have been ruffled, Im going to sit on the fence a little but confirm my interest in EPO to be circa 500,000 shares.

What I find curious is so many people are looking for a totally impartial fountain of news or knowledge, I'm a firm believer that you must treat every thing with scepticism in the first instance until you can qualify and cross reference the information.

Surely if you read anything from TF you take in to account 1. He has a vested interest that He has made public knowledge and 2. that there's a reasonable chance that He's a bit closer to the source and thefore perhaps the truth than some.

Insider trading or trading with some form of advantageous insight is universal isn't it?

On a more important note has any one any idea why 20 million shares traded today?

toldmeso - 20 Jul 2004 17:58 - 325 of 706

Hi mikeowen, maybe I can help.

In one of earthports RNS, the interims there was a section heading "AsiaPac alliance" which discussed the Hong Kong deal (Chinese contract generating cash July - now delayed to Oct).

It states " Issue of cards commenced in Q4 2003 and the payments service is expected to go live on July 1 2004 and to be fully operational by December 2004.

Fully operational normally implies its satisfied the clients requirements and goes LIVE, LIVE by December 2004.

Hope that helps.

Paulvoigt, there was a 8 million rollover. I'd say the price drifted down to possibly allow the rollover to happen, so I expect a substantial rise over the next few days.

Hope that helps thanks and have a good day.

Paulvoigt - 21 Jul 2004 15:57 - 326 of 706

No news, a mickey mouse 1 million shares traded and our broker friends want to mark it down again.

I must be clueless.

alderleyedge - 21 Jul 2004 22:41 - 327 of 706

looks like double bottom to me,hope it doesnt lie!

drunker50 - 21 Jul 2004 23:59 - 328 of 706

re: toldmeso
I dont think you will see any substantial rises until earthport ends its legal wrangles,even good news like contract wins won't do much to the price cos it could all be wiped away in the courts

apple - 22 Jul 2004 13:19 - 329 of 706

Here is the reason, confirmation of money wasted on lawyers.


earthport plc

earthport's claim against Baltimore Technologies plc ('Baltimore')


earthport can confirm that it has today issued a High Court claim against
Baltimore. The claim relates to a series of agreements entered into in March
2001 and claims the return of 4.5m paid under contracts, as well as damages for
breach of contract and misrepresentation estimated at a figure in excess of 9m.


22 July 2004


Press enquiries

Rob Cunningham CEO earthport plc +44 (0) 20 7907 1100

David Nabarro/Nigel Atkinson Nabarro Wells +44 (0) 20 7710 7400

James Melville-Ross/Juliet Clarke Financial Dynamics +44 (0) 20 7831 3113


Fred1new - 22 Jul 2004 17:48 - 330 of 706

Yea. If I felt cheated out of 4+ million I would just turn my cheek. Probably more likely to show my options.

Baughfell - 22 Jul 2004 20:54 - 331 of 706

Damned if they do and damned if they don't. What a set of whingers

jonny wilkinson - 22 Jul 2004 22:22 - 332 of 706

Tim Freeborn

Still awaiting your response, if you need more time just say, better taking time with a considered reponse rather than kneejerk reply.

Regards

JW

astonvilla - 22 Jul 2004 23:30 - 333 of 706

JW, what a sad pathetic post...............at least TF does not hide behind a false name............if you want to get personal with him then do the honourable thing and declare your interest in EPO and your name. You can do this by sending it in an email to TF....I'm sure you can get hold of his email by contacting Shares mag. I am not interested in knowing this and if you can't do it then stay on the other board that you frequent. You may raise some interesting points but then you get too personal.....just my thoughts but it has been said many times on the other board also.

a3s5m3 - 23 Jul 2004 16:58 - 334 of 706

does anyone know ? , is the afx ( 11.21 ) message the same as the RNS message ( 11.44 )
oneill,why are you so pleased , do you want epo to go tits up ?

a3s5m3 - 23 Jul 2004 17:02 - 335 of 706

sorry , wrong way round.
rns 11.21 , afx 11.44

Paulvoigt - 26 Jul 2004 09:20 - 336 of 706

Again you have to ask your self does 650,000 shares, "I'm not far away from this size holding" really have the power to move a stock 8% the wrong way.

We have all seen 20 million plus days have only a minor impact, I'm convinced the only reason can be the smaller investor is been squeezed out of the game by fear fuleled by the market makers them selevs.

As for the legal stuff, does any one actually think the Baltimore thing is going to costs millions through legal expenses?

Perhaps EPO has a case who knows but until now they have done nothing, Baltimore is nearing the end game with its cash but can not afford to be litagating etc because it has the potential to de rail their plans.

So no doubt there will be a settlement but not at any thing like the levels EPO are claiming, its just the opening gambit timed to make it in Baltimores interest to cough up something.

IMHO of course.

apple - 26 Jul 2004 10:00 - 337 of 706

Sudden drop this morning & then back up again!

If that was a tree shake then it didn't really work.

Perhaps something is about to happen?

timfreeborn - 26 Jul 2004 12:15 - 338 of 706

I've not checked this bulletin board for a week or so. But I have checked my notes from January, March and May and they correspond to what I've written. Any gap between these and events as they have unfolded, or not unfolded, is a matter for Earthport to explain. Somebody queried Neteller's margins. Just consult their flotation document and results.
Like everyone else, I simply wait for real announcements and I judge the company by their arrival or non-arrival.

Tradx - 26 Jul 2004 12:36 - 339 of 706

Tim,

I completely understand your clarification, your position seems pretty clear to me. I personally only have one question, do you still standby your statement that they have done a deal with the Post Office and that it is simply held up by the cabinet?

On 'other' threads you have effectively been accused of making it up and that the whole deal is a fabrication. For what it is worth, I have said and will continue to say that I do not believe you would do such a thing.

Best regards

T..

apple - 26 Jul 2004 13:18 - 340 of 706

oneill, we can do without the insults!

apple - 26 Jul 2004 13:33 - 341 of 706

You say fair enough but then you repeat the insult.

timfreeborn - 26 Jul 2004 13:57 - 342 of 706

Tradx,
Why on earth would I make anything up? I have nothing to gain from that and plenty to lose. Direct questions like this to the company.
tim freeborn

jonny wilkinson - 26 Jul 2004 15:17 - 343 of 706

Tim Freeborn


jonny wilkinson - 20 Jul'04 - 15:57 - 347 of 380 edit



Tim Freeborn

I understand you are privy to deals agreed, maybe not signed but certainly not yet announced to the market, surely you have been made an 'insider' as a result of this information if correct while you remain a shareholder, did you sign relevant confidentiality letter before you were made an insider. Do you understand rules when in receipt of price sensitive information. Is your editor fully aware and in agreement to the position you hold within EPO.Perhaps you will confirm why Cunninghams comments that ' we only believe 30% of what we tell ourselves' were not reported earlier , do you agree this was a serious oversight with the benefit of hindsight.
Surely if Shares Magazine are to remain a creditable publication in the market place then in future you should check with the company due to sign the contract ie Post Office Counters UK ( most know about Hong Kong Post Office deal already mentioned in an RNS dated 31 Mar 04 re Hong Kong based high volume payments services contract ) to verify information supplied by EPO is correct including contact name you have spoken with, surely that will provide more comfort to the readers, though i must add the market should be told first if any such deal is likely to affect share price.
I note comments from some other posters about doing your own research, with repect if everyone adopts that line then its most unlikely a publication such as Shares Magazine will cease to operate, readers must feel confident when an article is published that information is accurate.
I wish to make clear i've no reason to believe you've not acted in good faith at all times but remember the priveleged position you hold unlike ordinary retail investors who i should say have every reason to believe what you write.

I'm sure with benefit of hindsight it would have been better not to have purchased shares in EPO, that way you remain totally impartial.

I trust you understand frustration shared by many investors with this stock and will consider my comments carefully before issue any response which i'm sure most here would appreciate.
................................................................................

Tim

I note your reply earlier today, with respect you did not answer the questions, i believe its important for you as an employee of Shares Magazine to respond to what i believe are relevant questions, many may doubt my motives on these boards which is fair enough but as a long standing shareholder i judge its quite in order to ask pointed questions, same applies to you whose readership place great trust in what you write otherwise pointless buying such a publication every week.
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