Caplay Share Discussion Threads

[paddyfool] 01/8/2005 09:58

PVTD will drive cly at the point at which it moves o a more liquid market in the USA.

[bbd2] 29/7/2005 08:39

Ramsden may have a dubious past but he is not stupid.

He is keeping his large interest in CLY for a reason. Can anyone remember how many CLY shares he sold recently. I think we now know why he needed the money - to pump back into PVTD, but with the new options deal he has negotiated he has also safeguarded his position in CLY with the lower options entry price.

Question is what has he got planned for CLY. Are PVTD going to take us over and use us the UK branch for PETS? Reverse Takeover ? Marketing Arm ? etc

At this stage we simply do not know, but the recent buying interest suggests someone does or is happy to take the risk at these low share price levels.

[crosbie2] 29/7/2005 08:31

Holding these for a wee while yet. Curious about PETS and the strong interest shown by Terry Ramsden.

[safman] 28/7/2005 16:26

l2..moved stronger..2v1.. if PETS takes off.. if it works..potentially a big money spinner.. whether it works or not ..remains to be seen..

saffy..

[bbd2] 28/7/2005 16:22

Followed by a T buy

[insiderboy] 28/7/2005 16:14

someones got faith in a nice rise............300k buy!!

[bbd2] 28/7/2005 15:49

More background:


PETS, a one page summary

• PETS is a platform for the trading of electronic securities. It could be used for anything from a small-scale electronic settlement operation through to a full-scale stock exchange.

• PETS can trade any instrument (e.g. Share, Bonds, Warrants etc) providing that instrument has a CINS number (i.e. the internationally recognised system for uniquely identifying electronic securities). Through a subsidiary we have the capability to take paper based securities and dematerialise them into electronic format therefore giving us the capability to trade any security in the world.

• PETS differs from other systems in that it uniquely combines the elements of a front office trading system, an exchange where deals are actually made, and a back office settlement and custodian system. These elements are tightly coupled, giving us the ability to offer real-time settlement, 24 hours/day 7 days per week, for any instrument in any currency anywhere in the world.

• PETS has a partnership agreement with SBP, a Swiss bank based in Geneva, who carry out the back office settlement and custodian operations. Customer confidence is guaranteed in that assets held within PETS are held in accounts within SBP, and are subject to the normal levels of security that Swiss banks are renowned for. SBP in turn hold the assets in the worlds major clearing systems such as Clearstream and Euroclear. SBP’s membership of these institutions enables them to quickly transfer customer assets in and out of PETS for trading purposes.

• PETS is an order book based system. Members of PETS place orders onto the system, either to buy or sell securities. These orders then become visible to all other members of PETS who can choose to take up those orders, or to make counter offers, perhaps at a different price or for a different volume. The system automatically matches orders, and electronically issues instructions to the back office systems in Geneva to actually transfer cash and securities in order to settle the trade. The whole process is highly automated, and from matching an order to completion takes only a few seconds. PETS does not act as a principal to any of the trades, rather the trades are arranged and completed on a peer to peer basis between members.

• PETS is a distributed system, there are local instances of PETS, run by local institutions in various territories world-wide. These local institutions have the necessary regulatory approval, experience, and market capability to run a system such as PETS. All back office operations are carried out by SBP in Geneva.

• Just because we can trade anything, anytime, anywhere, doesn’t mean that we will. PETS is of greatest benefit in unique situations where it can provide a quick effective route to creating an electronic market in an instrument where no such market currently exists.

[bbd2] 28/7/2005 15:47

Paddy,

Did you mean this:

SCOTTSDALE, Ariz.
Emerson Gerard Associates, Boynton Beach, Fla.
Jerry Jennings, 561-881-7318
14-Jul-2005. Private Trading Systems, Inc. (Pink Sheets:PVTD) today announces it has completed funding a substantial portion of the liquid capital required for an American Stock Exchange listing. Several Private Trading Systems shareholders have raised a $5.85 million equity capital infusion through a transfer of personally owned existing stock to an investment company. The shares transferred to the investment company are governed by a one-year Regulation S restriction. Publicly traded shares in the investment company will be issued to these Private Trading Systems shareholders to reset their PVTD share investment positions.

[barbra] 28/7/2005 14:56

able to sell 300,000 shares online at 2.33p
that has not happened for a while.

[bbd2] 28/7/2005 14:42

Paddy,

Can you expand please - PVTD liquidity ?

[insiderboy] 28/7/2005 14:29

looking good to see these back at 5p+ very very soon!!!

[bbd2] 28/7/2005 13:33

BJlewis,

You picking up any vibes at the moment please?

[bond1] 28/7/2005 12:40

Looks like after all this time, Murray has not really been that triumphant!

[leslas] 28/7/2005 12:22

No comments? I think getting better and better

[malcolm2cox] 28/7/2005 12:21

Well, the market seems to like this RNS, up we go!!

[safman] 28/7/2005 11:12

Caplay PLC ("the Company")

Re: Litigation with former Chief Executive


On 25 October 2004, the Company announced that that it had received notification
that the Court of Appeal had granted Ken Murray, the Company's former Chief
Executive, limited leave to appeal the judgement given against him in a case
regarding his service contract with the Company and the Company's counter claim.


The Court of Appeal has today handed down judgements on both claims. In relation
to Mr Murray's claim, the Company's legal advisors have informed the Company
that the most Mr Murray can recover excluding interest and costs is #216,000. In
the case of the Company's claim, the Company will be seeking to recover in
excess of #110,000 excluding costs and interest.


Rulings in relation to the allocation of costs will not be made until later this
year. The Company reiterates that it made full provision for possible costs at
the outset of this case. The Company will now seek the release from escrow of
the money owing to it.


The Company remains in dispute with Mr Murray over his holding of equity
warrants and a preliminary procedural hearing is expected to take place through
the Scottish courts in October.

[bbd2] 27/7/2005 15:05

EBT plans to get mobile

The Chinese equivalent of the Carphone Warehouse is coming to the London market. That was the whisper in the Square Mile yesterday.

City gossips believe EBT, which claims to be one of China's leading mobile phone retailers, is planning to reverse into the Aim-listed shell firm Trading Exchange. The deal, which is expected to be accompanied by a fundraising, is expected to be announced in the next couple of weeks.

Trading Exchange hit the headlines last summer when the convicted fraudster Terry Ramsden took a 15% stake. Trading in its shares was then suspended at 31.5p in December pending the announcement of a reverse takeover.

EBT, founded in 1996, has 60 stores in the Shanghai and Suzhou region and has big plans to expand.

[bbd2] 27/7/2005 13:29

1M T buy. Someone is very interested !

[paddyfool] 27/7/2005 10:56

I think you'll find that there are restrictions on the liquidity of PVTD shares which will go when they move to Amex......

[quraishim] 27/7/2005 10:35

Strange CLY is up 24% with hardly any volume.....Is there a buyer in the background?????

[double6] 27/7/2005 09:07

Check LHP also - another Leo Knifton effort.

[crosbie2] 27/7/2005 08:24

Investors deserve better and questions need to be answered, particularly with regard to Private Trading.

[bond1] 26/7/2005 21:37

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Private Trading Systems Announces Additional Funding, Meets AMEX Requirements


SCOTTSDALE, Ariz., Jul 26, 2005 (BUSINESS WIRE) -- Private Trading Systems, Inc. (Pink Sheets:PVTD) announces that a group of its shareholders have provided additional funding commitments of $1.5 Million in assets to the Company. The injection of these additional commitments brings the Private Trading Systems' balance sheet to $7.35 Million in qualified liquid assets, which is sufficient to meet the $7 Million required for an American Stock Exchange application. Private Trading Systems expects to submit an application for an AMEX listing in the near future.

About Private Trading Systems

[cthompso] 26/7/2005 20:57

Whatever TR has brought to this company it is via non-transparent business deal or undertakings.

Granting the option is outrageous, unless you consider that 'carrying on an undertaking of great advantage, but nobody to know what it is' represents reasonable modern practice.

Good luck all :-(