"Advises and invests in technology and energy based companies and currently has a 2.5% stake in North Sea oil and gas company Faroe Petroleum.."
http://www.parkmeadgroup.com/parkmeadgroup/

"Mr. Tom Cross has become Executive Chairman. Mr. Cross has been a non-executive director of the Group since October 2006. He will take up office as Executive Chairman on 9 November 2010.
Mr. Cross is founder and Chief Executive Officer of Dana Petroleum plc, which is currently being acquired by the Korea National Oil Corporation in a deal worth approximately $3 billion dollars. He is a Chartered Director and petroleum engineer with extensive energy sector experience, spanning projects in more than 20 countries. In 2005, Tom was elected Chairman of BRINDEX, the Association of British Independent Oil Companies and he continues in that role. He is a Fellow of the Institute of Directors and has served as a Chairman of the Society of Petroleum Engineers and an advisor to BBC Radio on oil and gas affairs."

The Board of Parkmead reports that Mr Brian Wilson and Mr Faysal Hamza are retiring from the Board as Non-Executive Directors with effect from 21 December 2010.

Mr Wilson and Mr Hamza have served Parkmead with distinction, through a period of significant change in the Group, culminating with the successful acquisition and integration of Aupec Limited. They will continue to play a role within the Group in an advisory capacity.

The Board is also pleased to announce the appointment of Mr Philip Dayer and Mr Ian Rawlinson as Non-Executive Directors of the Group with effect from 21 December 2010.

Philip Dayer was a Non-Executive Director of Dana Petroleum plc from 2006 until its recent sale. Mr Dayer has over 20 years of public market and corporate finance experience.
Ian Rawlinson was also until recently a Non-Executive Director of Dana Petroleum plc, serving from 2005 until its sale in 2010.

Mitzy. ok TELL ME MORE, do you know linda too, cheers.

apparently he does a really good barbie every summer and has even learnt how to cook the sausages right the way through without cindering the outside - so he's got to be a diamond geezer

Tom Cross the $1m a day man as Parkmead shares soar 500%

would the success at Dana have something to do with the fact that company actually had very real assets?

The oil baron turned a 1 million investment in Dana into a 1.8 billion company when it was recently sold to South Korea's state oil firm and investors have piled in to Parkmead in the hope he will deliver similar dramatic success.He received 661.986 in cash for AUPEC LTD. plus over 22 mill shares at 1 each.

i think several hundred thousand volunteered in 1914 too on the basis that they would be home by Christmas ....... Tom Cross can laugh all the way to the bank whether PMG is a success or not, and no one will be able to judge that for several years

Nice little bounce off the rising DMA (either would do) to establish a good support level.

support level????? .... at 17 or perhaps 14 if you ask me (which you didn't!)

Harry how much money do they have?

TC has lots and lots!

As at Sept '10 Cash and cash equivalents at end of year 291,869.00, Total Equity 8,510,609.00

and CEO draws 419k .... what a lucky chap!

Cheers Harry i think when i have a bit more time i will have a good read up........sounds like Tom Cross should take the helm of Desire.

at least he doesn't draw too much salary, though he and his wife hold 27/28% of the shares

Fast approaching some kind of support level I hope. Currently 17.5p mid. (Red 25 DMA on chart).

you said that yesterday, though yes i guess it's possible there'll be a dcb when 25 dma hit

Yep. I am working on the basis that if I say it often enough, it should come true! DCB on one of the DMA's must be something the chartists are expecting don't you think?

I'd go for the 200MA :-)

Had the retracement (a very large one), now is time to go to the broker for some 20.75p to 21p to pay

The Parkmead Group plc

Holding in Company

The Company has today been made aware that Nightwish Investment Limited no longer has a notifiable interest in the Company. (Nightwish originally held 30.3M shares)