Caplay Share Discussion Threads

[malc5] 01/12/2006 15:41

The shame is, if they were to make some sort of positive move this would Rocket!

[bbd2] 01/12/2006 15:14

Well I don't think it is going any lower but with such an ineffective management team in place, I don't know how it is going to go up either. I am not selling mine though. I have a sneeky suspicion that Ramsden hasn't finished with us yet and will look to snap us up on the cheap. If not him then someone else who fancy's a cheap cash shell.

[leslas] 01/12/2006 14:48

Might be worth a top up at this price . What do you all think???

[bbd2] 01/12/2006 10:37

Hmmm. So a market cap of £.86M but assets of around £2.5M with minimal operating costs. So where are we going next ?

[trendyone] 01/12/2006 09:46

Ramsden has done better. He's cleaned much of the cash out of here, owns a chunk of PVTD, claims to own the intellectual property in the trading platform and now pops up with an essential sister company for PVTD. TR pulls all the strings. Caplay will only make out of PVTD what TR allows it to make and as CLY tried to be clever with him, and he therefore let most of his options drop, I don't think that will be very much.

The board need something new, and fast. I've got an increasingly horrible feeling that I've been turned over on this one.

[oranges] 13/11/2006 15:14

I was being sarcastic, sorry, its not funny.

[bbd2] 13/11/2006 11:34

Might get results out this week.

Oranges - Why do you think that ?

[oranges] 12/11/2006 17:31

I think that Terry is fantastico, I will invest all I have in him anf quadruple my money in months!!!!

[Abuse team] 05/11/2006 12:06

Post removed by ADVFN

[grahamite2] 02/11/2006 20:03

Thanks, I had seen it before. Best of luck to you - I think you may need it.

[bbd2] 02/11/2006 19:40

Read the link above, it's all there.

[grahamite2] 02/11/2006 19:37

"the securities that a company wants to trade must first be digitized"

Why? And what exactly does this mean? We all have electronically traded securities, don't we?

The whole thing sounds like a 'tale' to entice retired postmasters to part with their savings.

[bbd2] 02/11/2006 19:16

Ramsden also has a controlling interest in Atlantic Group Holdings which holds the canadian licence rights for PETS which we also have a 25% interest in..

Some other good info about the vehicles Ramsden uses eg Griffin. here:

[bbd2] 02/11/2006 11:50

Ah, but that's just the point TOB -Dematco IS essential to PETS.

In order for the PETS system to work the securities that a company wants to trade must first be digitized. This is what Dematco do :

Dematco is a UK registered private company, based in Geneva, specializing in the digitizing of any manner of securities, whether listed, private, or simply wishing to obtain the capacity to trade and clear in electronic form. It has a unique agreement with SBP, (Societe Bancaire Privee), a Geneva-based federal bank to procure all manner of securities into electronic format using expertise gained over many years with a leading member of all worldwide clearing systems.

Ramsden has therefore now gained control of the software capable of digitizing the security in tradable form AND can also provide the Trading Platform via PETS to trade it.

So he now has a one stop shop solution which he didn't have before.

Admiral will be the first to use it.

Question is, will he keep these two businesses apart or will he bring them together under one banner ?

[p@] 02/11/2006 11:21

T.O.B. Thanks to your postings in the past and the share graph i decided to take my loss about a month ago ,and am glad i'm out.

[tiredoldbroker] 02/11/2006 11:11

AMTN buying Dematco is just a change of ownership, Dematco would continue to exist as a limited company and be registered in its own right unless AMTN decided to wind it up. It would for example still be required to file accounts at Companies House, if it was a UK ltd company or plc.

My view of anything Terry Ramsden is associated with is to avoid it ! So as far as CLY is concerned, I've been a sceptic all the way along. What interests me is, if PVTM owns the relevant software, what has Dematco got that might even notionally be worth $100m ? Why would ownership of the components of a new trading & settlement system be split between two companies (or maybe more that we are yet to hear about) ?

Going solely on the published numbers, Dematco had no assets (other than the software development), no cash in the bank, nothing tangible. Ramsden appears to be its controlling shareholder. AMTN appears to have no tangible assets, and its only use is that it has an OTC/BB quote which can be exploited. I would also suggest that PVTM dragged out the story about listing on the American Stock Exchange for as long as it possibly could, but obviously in the end game it couldn't manage the task.

My suspicion is that there's not really very much there. Which can't be good news for CLY.

[bbd2] 02/11/2006 10:47

Yes it was certainly not an easy read or straight forward to research, but then we are dealing with Uncle Terry here !

With AMTN having now bought out Dematco would the later still be registered in it's own right ?

Would be interested in you views about my 2754 post. Do you think this could be the reason that the PVTM listing was pulled ?

[tiredoldbroker] 02/11/2006 10:25

You may want to look again at some of the possibly inconsistent details tucked away in

On p5 of 21, the company (Advanced Media Training Inc, or AMTN) issued 6.464m shares valued at $1.25 each to buy 8.08m shares of Dematco (DC), valuing the DC shares at $1 each.

On p7 para B4, on AMTN possibly buying more of DC, "The exercise price for the Company's purchase of Dematco stock will be based upon a value of $1.00 per of Dematco stock". So again DC shares are valued at $1.

On p10 the auditors report on DC shows it to have no net assets, 101m shares in issue, and a deficiency on shareholders' funds. P16 tells us that DC, in November 2005, issued the 101m shares to acquire "proprietary software" from its founders, which p17 tells us was "valued at $578,786" (Note 4). So the DC sharers were issued at just over half a cent each in Nov 05 but are worth $1 each in early 2006.

On p5, DC is called Dematco Corporation and is described as British.

However I have checked online at Companies House and there is no British company registered called Dematco Corporation, only a Dematco Ltd.

Then p6 calls it Dematco, Inc and describes it as a "UK registered private company, based in Geneva". But a British company isn't described as "Inc".

By p10, it's called Dematco Ltd but based in Las Vegas, Nevada.

Maybe this is just sloppy work, but on an official SEC filing it hardly inspires confidence in properly carried out due diligence.

Of course, this AMTN filing doesn't mention who the controlling shareholders of Dematco might be, but the later one from Aug 2006 does : p10, Terence Philip Ramsden, who on AMTN buying the balance of DC will hold 51.8% of the stock.

[bbd2] 02/11/2006 09:08

The question now is what does this mean for CLY.

Well it looks like PETS may actually be a runner now, and the work carried out by Dematco was significant enough for Ramsden to exercise his option to acquire the company through Advanced Media.

This backing of Advanced Media by Ramsden could (almost certainly)be the reason why the PVTM listing was pulled because Ramsden withdrew his funding support for PVTM in favour of Advanced Media.

So what next for the Ramsden plot. Will he now launch a takeover of PVTM through Advanced Media? Reverse into Cly? Increase his holding in CLY and then go for PVTM? Buy out our interests in PVTM and PETS then leave us alone to change direction as a clean shell ? Have I just read this all wrong?

I guess at the end of the day we just don't know and hence why the share price is where it is. Perhaps the imminent results will give us a clue.

[bbd2] 01/11/2006 20:38

A bit more reading which would suggest that Advanced Media were effectively going bust and Ramsden has come along and "saved the day", gained control of an OTC listed company on the cheap and will turn the company into ???

[bbd2] 01/11/2006 20:08

Some bed time reading for us:

Additional info about Dematco ltd:



Who are working on an Electronic certificate issue for PVTM.

You will recall recently that they were bought out by Advanced Media training inc resulting in this announcement:



Now have a look at the following which details how they funded the acquisition, and in particular, page 10. Recognise a familiar name anyone ????

[kfp] 20/10/2006 10:42

A buyer !! 350k

[nodding] 19/10/2006 16:42

It could be the sells...