We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Servision | SEV | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.85 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.85 |
| Top Posts |
|---|
Posted at 20/2/2018 12:15 by euclid5 remember this rnsSerVision AIM: (SEV), a leader in mobile live video streaming over wireless and cellular networks, is pleased to announce that it has secured $2 million of new capital from Cascade SVP, LLC ("Cascade"), a US based investment fund (the "Subscription"). Cascade has agreed to subscribe for 14,089,084 ordinary shares of 1p each in the capital of the Company (the "Subscription Shares") at a price of approximately 11.4 pence per Subscription Share ("Issue Price"), which is a significant premium to the closing mid-market price on 21 February 2017 and which values the Company at approximately £14.4 million. ___ ____________________ Now we have this As announced on 13 February 2018, the Company was required to raise further finance in the near term or face having to convert some of the existing debt into equity. Unfortunately, the positive conversations regarding a loan and equity investment that were ongoing at that time have not yet concluded. The Company was not able to convert some of the existing debt into equity as the conversion price is below the nominal value of the Company's shares and therefore a shareholder meeting would be required to approve a capital reorganisation and also due to the Company's financial position, it would not be in the best interests of the creditor. Whilst those and other conversations are continuing as the Board takes advice on the options available to the Company, there is currently no immediate prospect of any new capital. Since the Company is currently in default on at least one of its loans and any refinancing will take some time and will require the agreement of the Company's lenders, the Company has requested an immediate suspension to the trading on AIM of its shares pending clarification of its financial position. |
Posted at 20/4/2017 09:43 by here and there No, of course not. There was nothing to answer. TW did provide a service to share holders though. The nomad is much tougher on SEV now, the accounting is much tougher re revenue recognition, no spurious contract RNSs, no more umpaid bills as a result, and a new NED to help with corporate governance |
Posted at 20/4/2017 08:22 by supersonico Since TW allegedly wrote to the FRC about SEV has there been any feedback from the FRC to date ??The 4 Companies I have Reported to the FRC - the common thread for Quindell, Eden, Avanti and Servision Published 402 days ago I have to date reported four companies to the Financial Reporting Council asking it to investigate accounts which I believe to be fraudulent and or misleading. So where am I with these four and what is the common thread? |
Posted at 20/3/2017 09:14 by babbler Here and there... It's a hunch based on how warrant exercise we recently had as belowExercise of WarrantsSerVision (AIM: SEV), a leader in mobile live video streaming over wireless and cellular networks, announces that it has received a warrant exercise notice in respect of 1,139,549 new ordinary shares in the Company (the "Warrant Exercise Shares") at an exercise price of 3.5 pence per share. The proceeds realisable by the Company from this warrant exercise are GBP39,884.22 and have been received by the Company.These warrants were issued to Beaufort Securities Limited on 13 October 2015 in connection with their role as broker on the fundraise announced by the Company on 25 September 2015.Pursuant to the above exercise, 1,139,549 new ordinary shares of 1 pence each in the Company have been issued and allotted to Beaufort Securities Limited. |
Posted at 13/3/2017 12:19 by 2seabass mobileye taken over by intel - don't SEV have dealings with them !! |
Posted at 01/3/2017 11:48 by the stigologist Servision – come on Nomad Allenby, the silence is deafeningPublished 2 days ago AIM-listed Servision (SEV) has some questions to answer. I hope it is currently answering them to its Nomad Allenby Capital and that we will have a statement shortly. Having announced a funding deal with US-based Cascade (which has nothing to do with Bill Gates) which seemed way too good to be true – at over 400% of the previously prevailing share price – backed by a personal guarantee from chairman and CEO Gidon Tahan, the nature of that guarantee became rather murky on Friday when it emerged after-hours that he had put up his entire shareholding as security. On what terms? |
Posted at 22/2/2017 11:33 by cautoussid SerVision AIM: (SEV), a leader in mobile live video streaming over wireless and cellular networks, is pleased to announce that it has secured $2 million of new capital from Cascade SVP, LLC ("Cascade"), a US based investment fund (the "Subscription"). Cascade has agreed to subscribe for 14,089,084 ordinary shares of 1p each in the capital of the Company (the "Subscription Shares") at a price of approximately 11.4 pence per Subscription Share ("Issue Price"), which is a significant premium to the closing mid-market price on 21 February 2017 and which values the Company at approximately £14.4 million. |
Posted at 22/2/2017 10:02 by cautoussid MMS moving up more again if one looks at highest mms , like how sev starting to move |
Posted at 22/2/2017 09:56 by sh1984 SerVision AIM: (SEV), a leader in mobile live video streaming over wireless and cellular networks, is pleased to announce that it has secured $2 million of new capital from Cascade SVP, LLC ("Cascade"), a US based investment fund the "Subscription". Cascade has agreed to subscribe for 14,089,084 ordinary shares of 1p each in the capital of the Company (the "Subscription Shares") at a price of approximately 11.4 pence per Subscription Share ("Issue Price"), which is a significant premium to the closing mid-market price on 21 February 2017 and which values the Company at approximately £14.4 million. |
Posted at 22/2/2017 09:55 by sh1984 SerVision AIM: (SEV), a leader in mobile live video streaming over wireless and cellular networks, is pleased to announce that it has secured $2 million of new capital from Cascade SVP, LLC ("Cascade"), a US based investment fund (the "Subscription"). Cascade has agreed to subscribe for 14,089,084 ordinary shares of 1p each in the capital of the Company (the "Subscription Shares") at a price of approximately 11.4 pence per Subscription Share ("Issue Price"), which is a significant premium to the closing mid-market price on 21 February 2017 and which values the Company at approximately £14.4 million..... Fill your Boots, this is going to 11p |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
