Superscape Share Discussion Threads

[paul mason] 01/4/2008 14:52

Last post - looks like the 105 new people are from SPS. Its been fun, Over and out.

Glu Mobile Reports Inducement Equity Awards to Non-Executive Employees

SAN MATEO, Calif.--(BUSINESS WIRE)--Glu Mobile Inc. ("Glu") (NASDAQ:GLUU) today reported that that it granted stock options to 105 new non-executive employees of the Company to purchase a total of 386,650 shares of the Company's common stock. The stock options have a six year life, vest on a four-year schedule (25 percent on the first anniversary of the initial vesting date for such option grant and 2.083 percent at the end of each month thereafter), and have an exercise price of $4.49, the closing price of the Company's common stock on the date of grant.

The stock options were granted under the Glu Mobile Inc. 2008 Equity Inducement Plan, which the Company's Board of Directors adopted to facilitate the granting of stock options as an inducement to new employees to join the Company. In accordance with NASDAQ Marketplace Rule 4350(i)(1)(A)(iv), these awards were made under a stock incentive plan that has not received stockholder approval. NASDAQ rules require a public announcement of equity awards made under this type of plan.

[abc125] 31/3/2008 14:20

yep same here...money from TDW arrived.

Little tip b4 we all dissapear....Litcomp(lin)...a profitable micro cap displaying 50% compound growth....dyor.

[the bounty hunter] 31/3/2008 08:00

Momey from Barclays arrived

[davemake] 26/3/2008 13:38

Have emailed Selftrade - where's my cash? etc. etc.

Bob, you may want to do the same.......

[paul mason] 26/3/2008 12:38

You get your cash 14 days after you accepted the offer.

[edmondj] 26/3/2008 11:10

Cash in the Barclays ISA account I accepted for (mid-Feb) delivered the other week.

Agree Hammy, some lousy brokers!

They have the cash.

[davemake] 26/3/2008 11:06

No cash - Selftrade

[gmb] 26/3/2008 10:42

no cash yet

[omalaha] 26/3/2008 09:50

no cash yet

[jaffa14] 26/3/2008 08:06

I have received cash settlement for my holding on 25th March

[helen troy] 26/3/2008 06:37

You need to check what the default for TD Waterhouse is. Once the offer went unconditional, BSL had a default of accepting the offer unless you told them otherwise. That was for nominee holdings.

HoT

[edmondj] 25/3/2008 21:23

Nothing to be worried about: either sell the shares in the market up to April 8 (maybe Monday 7 to be sure) to book the profit/loss in whichever tax year you prefer, or take no action and they will buy you out compulsorily at 10p. The only uncertainty is how long the latter course will take, to get cash.

[biglosses] 25/3/2008 21:18

Haven't really been following this takeover & haven't responded to TD Waterhouse communications relating to my shareholding.

Can someone please let me know what will happen if I do nothing. Is it worth selling all my shares on the open market tomorrow as I appear to have missed the deadline for responding.

Cheers

[hamsterwheel] 25/3/2008 08:25

Then ring your brokers - they will have received the cash from Glu, but not yet split it up amongst their customers.
Put a riocket up them.

[helen troy] 25/3/2008 08:25

post 1151. That article indicates Q4 revenue at $2.5m, and cash of $9m

Those figures certainly wouldn't have pleased.

HoT

[caradog] 25/3/2008 08:21

Having accepted the bid before the first closing date, cash is still not in my sharedealing account. Anybody else in the same situation?

[goodgrief] 25/3/2008 08:06

GLU Mobile Inc. Update Call Transcript



As for guidance, let me start with a little historical context. Superscape's fiscal year ended on January 31, 2008. For the 2008 fiscal year, which is still under eye-they recorded approximately $14.5 million of revenue. In fiscal 2008, that total consisted almost entirely of publishing revenues, whereas in prior years, they had some non-publishing revenues. Their fiscal 2008 revenue represented growth of approximately 10% in publishing revenue.

[nicandy] 25/3/2008 08:06

so what do the figures mean that Glu mentioned, where we on track?

[juliehaylett] 25/3/2008 07:20

Have a look at PET.

[1leigh] 24/3/2008 23:36

abc - Elan (ELA), if their alhzimers treatment works it'll shoot up. Also ASM (lung cancer drug currently in ph3 - recent news on other ph2 trials have been bad, so share price currently depressed).