Argentvive Share Discussion Threads

[poseidon2] 23/3/2009 19:26

ArgentVive plc

("ArgentVive" or the "Company")



Appointment of Administrators



On 30 September 2008 the Company announced that it requested a suspension of trading of its shares on AIM, as the Group were unable to publish its Annual Report and Accounts for the year ended 31 March 2008 by the 30 September 2008. The Company has also announced that the Board has been seeking further restructuring alternatives to secure the Company's future.

The Board of ArgentVive has exhaustively explored various refinancing opportunities over recent months. However, having carefully considered the financial position and prospects of the Company it has today appointed Paul Appleton and Henry Lan of David Rubin Partners to act as Administrators of the Company. The Company will continue to work towards restructuring alternatives for the business within the timeframes afforded to it under the administration timetable.

The Company also announces that it has today been notified by Charles Stanley Securities of its resignation as Nominated Adviser and Broker to the Company with immediate effect.

In the event that an alternative Nominated Adviser is not appointed on or before 7.00 am on 23 April 2009 then, in accordance with Rule 1 of the AIM Rules for Companies, the admission of the Company's ordinary shares to trading on AIM will be cancelled.

Notwithstanding the need to appoint an alternative Nominated Adviser, if the Company is unable to publish its Annual Report and Accounts for the year ended 31 March 2008 on or before 31 March 2009, the admission of the Company's ordinary shares to trading on AIM will be cancelled at that date.

Enquiries:

David Rubin & Partners
Chartered Accountants and Licensed Insolvency Practitioners
26-28 Bedford Row
London WC1R 4HE
Contact: Paul Appleton
Tel: [phone]


ArgentVive plc
Kevin Fleming
Tel: [phone]

Charles Stanley Securities
Nominated Adviser
Russell Cook / Carl Holmes Tel: [phone]

[charlton1] 28/2/2009 10:35

So what is the future re-structuring of this company. Since Mr Denton left all i hear is sell offs

[poseidon2] 24/2/2009 17:45

RNS Number : 8201N
Argentvive PLC
24 February 2009

ArgentVive plc

('ArgentVive' or the 'Company')




Sale of business assets of Waterside Book Services Limited




ArgentVive announces that it has completed the sale of certain business assets and liabilities of its wholly owned subsidiary Waterside Book Services Limited ('Waterside') to A-Plus Technology Limited, a company controlled by Mike Jarvie and Mark Baxter, the current management of Waterside. The purchase price is £279,700 to be satisfied by payment of £10,000 in cash at completion and the assumption of liabilities totaling £269,700.




Waterside will be renamed Savblanc Limited, A-Plus Technology will change its name to Waterside Book Services Limited and will trade under the Waterside brand name.




Waterside is a specialist niche book wholesaler acquired by the Company in July 2004 for a total consideration of £350,000. Waterside is a seasonal business focusing primarily on the passenger ferry market and required further working capital in the short term that ArgentVive was unable to provide. The Board believes that the sale of Waterside is in the best interest of the Company and its shareholders.




The Board continues to explore further restructuring alternatives that are necessary to secure the Company's future and further announcements will be made in due course.










Enquiries:




ArgentVive plc

Kevin Fleming

[poseidon2] 05/2/2009 17:13

Have we all completely given up here?

[poseidon2] 12/1/2009 10:53

NO COMMENT!

RNS Number : 4640L
Argentvive PLC
12 January 2009

ArgentVive plc

('ArgentVive' or the 'Company')




Result of General Meeting




ArgentVive announces that at the Shareholders' General Meeting held on 9 January 2009, the resolutions to approve the sale of Solcara Limited and to approve the capital reorganisation, as set out in the circular sent to shareholders on 22 December 2008, were duly passed.




Trading in the Company's shares was suspended 30 September 2008 pending publication of the Company's Report & Accounts for the year ended 31 March 2008. ArgentVive has yet to finalise the 2008 accounts and therefore the Company's shares will remain suspended until further notice.




Trading conditions generally remain challenging for the Group; as is the case for much of British commerce.




The Company has also confirmed that various discussions have been held regarding the disposal or joint venturing of a number of activities within the Group. As yet these discussions have not yet produced proposals which the Board is able either to implement or to recommend to shareholders.




The Board will update Shareholders further as soon as possible.

[baronstjohn] 14/10/2008 12:58

Charles Denton where are you !!!!!!!!!!!!

[charlton1] 14/10/2008 09:00

My share have dropped in value from £9,000 Sept 07 to £300 today but i am holding on. Charles Denton who are you !!!!!!!!!!!!

[poseidon2] 01/10/2008 14:41

Well isn't that great! Shares suspended. Just what we needed to build confidence. What a shambles.

[poseidon2] 27/9/2008 14:56

I am still holding too! Absolute disaster...
Can't find any news!
What is it you are referring to?
P2

[charlton1] 27/9/2008 14:27

Not the even the purchase of a company can raise the gloom .........I'm still holding as it look th first sensible buy since the start of Charles Denton.

[digging] 22/8/2008 08:07

coming to your screens soon.

[nick faldo] 21/8/2008 16:09

Dear, oh dear.

Just wait until that there "Tired old Broker" finds this mess.

[digging] 21/8/2008 16:08

EX DIRECTOR LOOKING TO BUY THE COMPANY.DYOR IN EXCESS OF 10P+

[digging] 21/8/2008 16:07

NICK WAIT AND SEE

[poseidon2] 21/8/2008 15:50

No, there is this lunatic who had such high hopes for this company bearing in mind the track record of CD! Down over 95%. Not sure my Northern Rock shares are not worth more than this....

Very little news ever comes out and one imagines that they are beavering away in the background and oneday/Sameday there will be some fantastic RNS that will trigger a buying frenzy. I doubt it.

Co-incidentally there is some news today about new appointments. Progress or just increases to the overheads.Sadly another company that believes shareholders should be seen and not heard.

I have virtually stopped checking this board but can we flush out a few more shareholders and get some debate going?

Come on guys-where are you?

P2.

[charlton1] 18/8/2008 18:44

Helloooooooooooooooooooooooooooo am I the only shareholder left....................................echo echo

[charlton1] 28/7/2008 10:09

Anything happening .......even bad news is news

[baronstjohn] 09/7/2008 12:43

What has happend with ARGV. Have the glory days of this share completely disappeared down some black hole. Expectations a year ago were high as was the share price. Could the reality of a 1p price be just around the corner or are we going to receive some good news from the company now , when good news is needed....

[2magpies] 08/7/2008 18:17

charlton1

IMO we are now heading towards 1p in th new form (i.e. 0.1p in the old!!).

Peeps who took the advice of the nincompoop SDK directors (who said the takeover offer by Denton represented good value, and shareholders should accept) may well just have the last laugh! We are now at the bid price: 0.6p! Any lower and hilarity will ensue!! I'm just getting ready to guffaw!

Strictly IM(cynical)O.