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[jaws6] 24/9/2009 16:00

Thanks for info .That was good .

[starwars4] 20/9/2009 10:52

I might be optomistic but if they do get this done i would not be surprised if after the initial selling the share price per share could rise. My reasoning for this is finance would have been put in place for them to carry on the business the debts that have been dragging them down would have ether been written off or put on a repayment that they can afford,plus i would not be surprised if new money was introduced by perhaps helium or the other large holders or even the existing shareholders. Of course it is all dependent on getting the CVA it could turn out for the better not the worse,then again we could have already lost or our money but lets hope we haven't while there is life there is hope. I also feel that they would have learnt there lesson on giving out news items that effect the share price on time and more often. JIM

[hermana] 17/9/2009 17:20

Ex,tis a time for prayer.

[excalibar] 17/9/2009 17:12

I have read all your points but will these come back?

[prezer] 17/9/2009 13:30

agreed bobby. Our best chance of coming out of this is for the likes of Regus.... to come and take us out at whatever price.

[starwars4] 17/9/2009 12:52

NO NEWS FOR MONTHS and then like a bus 2 in a week at least we know what the hell is going on. JIM

[starwars4] 17/9/2009 11:34

What is a CVA?

A CVA (Company Voluntary Arrangement) is a legally binding arrangement between an insolvent company and it's creditors which ensures a certain amount of money is paid back over a certain amount of time. This keeps the creditors happy and, more importantly, it means the company is not forced to cease trading.

A CVA is a suitable option if the directors of an insolvent limited company can see a promising future ahead but are currently being held back by the companys debt. If the directors are finding the burden of this debt too much to bare, then a CVA offers them a solid plan for recovery.

The CVA offers many benefits for a company facing closure due to financial burdens:

* The Directors maintain complete control of their business.
* The business continues to operate and trade.
* The C.V.A may allow the company to write off up 75% of it's debts.
* It gives the company a defined time scales between insolvency and being debt free.
* Removes the threat of winding up procedures
* Removed the threat of closure
* Eases restrictions on trading by removing cash flow pressures.
* Payments are made a comfortable rate which the company can afford

[hermana] 17/9/2009 11:27

Wirral,at least BOI have been bailed out by Govt and now have got rid of "most" of its toxic loans...

[starwars4] 17/9/2009 11:25

AH WELL, ALL WE CAN DO IS WAIT AND SEE.JIM.

[bobby.ifa] 17/9/2009 10:17

JIM, you need approval of 75% of your creditors, not the Directors.

[starwars4] 17/9/2009 08:16

What if there was a way we could save our company, get rid of overheads, costs and staff, rebuild our sales and profits without closing it? We don't want to see all of our hard work destroyed and have the misery of going bust"!

There is a great solution for your problem and you've found it......



It's called the Company Voluntary Arrangement and it is a legally binding deal with creditors. What does CVA mean and how does a company voluntary arrangement work? Well these pages will help you learn all about the CVA tool and how it can help your company!



Company Voluntary Arrangement Benefits for YOUR company.

* Company voluntary arrangements (CVA's) can improve cashflow, quickly.

* Stop pressure from tax, VAT and PAYE while the CVA is prepared.

* A company voluntary arrangement can cut costs quickly.

* Company voluntary arrangements can terminate employment contracts, leases, onerous supply contracts and all with NIL CASH COST.

* You can terminate landlords leases with NIL cost with a well written CVA! Simply walk away from the lease, using our expertise.

* You can terminate directors or managers contracts too.

* Terminate onerous customer contracts.

* Board and shareholders generally remain in control of the company.

* Much lower costs than Administration or Receivership

WANT THOSE BENEFITS FOR YOUR COMPANY? CALL THE CVA EXPERTS NOW. NO OTHER FIRM IN THE COUNTRY KNOWS HOW TO USE CVA'S LIKE US!

0800 9700 539 OR CALL KEITH STEVEN, CVA EXPERT ON 07974 086779 7 DAYS PER WEEK....



^ Return to Top

FIRST the simple description of a CVA!

It is simply a deal between the insolvent company and its creditors; this deal places a ringfence around the company and stops creditors attacking you. It allows a viable but struggling company to repay some, or all, of its historic debts out of future profits, over a period of time to be agreed.

Directors stay in control of the company with KSA providing support. It can stop legal actions if you use a quality advisor.

It has been in UK law since 1986 and is one of the Government's preferred rescue options. The recent Budget (April 2009) proposed changes to the CVA because the Government wants more companies to use this brilliant approach.




^ Return to Top



Further useful guides to CVA:

"Complete Expert's Guide" to the Company voluntary arrangement. Click for Keith Steven's unique, hugely detailed and comprehensive guide. All of CompanyRescue's CVA guides and more in one 80 page PDF. Learn from the CVA expert, free of cha

[bobby.ifa] 17/9/2009 08:06

I'm wary, normally the winners in these exercises are the Auditors, who stupid fees first and then settle the debts. Just hope there's plenty of Equity left in the Company. Doesn't promote a good image to new Clientsthough. 'Hi, I'm Yourspace, would you like to rent some prestigious Offices, by the way, we're in administration'. Hope the Auditors use their offices though and charge them a wacking rent.

[starwars4] 17/9/2009 08:00

SOUNDS like allis not lost and we could come out of this better than we all thought.JIM

[starwars4] 17/9/2009 07:58

What if there was a way we could save our company, get rid of overheads, costs and staff, rebuild our sales and profits without closing it? We don't want to see all of our hard work destroyed and have the misery of going bust"!

There is a great solution for your problem and you've found it......



It's called the Company Voluntary Arrangement and it is a legally binding deal with creditors. What does CVA mean and how does a company voluntary arrangement work? Well these pages will help you learn all about the CVA tool and how it can help your company!



Company Voluntary Arrangement Benefits for YOUR company.

* Company voluntary arrangements (CVA's) can improve cashflow, quickly.

* Stop pressure from tax, VAT and PAYE while the CVA is prepared.

* A company voluntary arrangement can cut costs quickly.

* Company voluntary arrangements can terminate employment contracts, leases, onerous supply contracts and all with NIL CASH COST.

* You can terminate landlords leases with NIL cost with a well written CVA! Simply walk away from the lease, using our expertise.

* You can terminate directors or managers contracts too.

* Terminate onerous customer contracts.

* Board and shareholders generally remain in control of the company.

* Much lower costs than Administration or Receivership

WANT THOSE BENEFITS FOR YOUR COMPANY? CALL THE CVA EXPERTS NOW. NO OTHER FIRM IN THE COUNTRY KNOWS HOW TO USE CVA'S LIKE US!

0800 9700 539 OR CALL KEITH STEVEN, CVA EXPERT ON 07974 086779 7 DAYS PER WEEK....



^ Return to Top

FIRST the simple description of a CVA!

It is simply a deal between the insolvent company and its creditors; this deal places a ringfence around the company and stops creditors attacking you. It allows a viable but struggling company to repay some, or all, of its historic debts out of future profits, over a period of time to be agreed.

Directors stay in control of the company with KSA providing support. It can stop legal actions if you use a quality advisor.

It has been in UK law since 1986 and is one of the Government's preferred rescue options. The recent Budget (April 2009) proposed changes to the CVA because the Government wants more companies to use this brilliant approach.




^ Return to Top



Further useful guides to CVA:

"Complete Expert's Guide" to the Company voluntary arrangement. Click for Keith Steven's unique, hugely detailed and comprehensive guide. All of CompanyRescue's CVA guides and more in one 80 page PDF. Learn from the CVA expert, free of cha

[jaws6] 17/9/2009 07:36

Second news out , looks ok.

[3hed] 17/9/2009 07:34

boll*cks! Oh well I guess that they ran their credit forecasts as well as they did their shareholder relationship!

[wrighty25] 17/9/2009 07:21

CVA,directors keep control of the company and continue trading from aposition of strength,yea great

[prezer] 16/9/2009 15:48

JIM I don't believe the 850k purchase was one week ago! The holdings RNS was as a result of a period of purchasing by Prism which led to the respective % being held last week. Correct me if I wrong but I believe that to be the case. Trying to keep positive but in jeopardy of losing a good few ££'s and in honesty feel a little shafted. We've heard nothing from YSP for months. If they we're looking to dispose of assets would that not trigger an announcement to the market?