Catalyst Media Share Discussion Threads

[pylon] 22/1/2005 10:54

No need to worry here.

Look at how the Chairman closed his Chairman's statement at the interim stage.

"I am confident that the Group will make a profit for the current financial year
and that we will continue to grow strongly.


Paul Duffen
Chief Executive Officer"

[dzcapital] 20/1/2005 14:42

Deals on wheels

[andywrx] 20/1/2005 11:31

I suspect alot of people have contacted them but I guess this is a closed period so they cannot discuss.

go on, give them a call and let us know what they say?

[treborbob] 19/1/2005 09:51

Has anyone contacted them or they unavailable to speak?

[andywrx] 19/1/2005 07:39

"announcement due mid december"

Hello.... anyone..... Echo !!

I have a horrible feeling we have lost out on this one. I suspect that the investors backed out when they heard about the potential dilution and or cash drain of them having to buy their way out of the champ car contract.

Not good.

[treborbob] 16/1/2005 20:07

Durlacher the subject of a takeover bid.What implications are there for this share?is this the reason for delayed announcements?

[minho] 14/1/2005 02:27

Treborbob Well I agree all Aim stocks are mainly blips and the Directors of this stock seem to be out of there depth.?

[treborbob] 11/1/2005 09:22

Minho

I feel with the success of Betfair,Betdaq and sportingbet and more and more people betting and laying,Punters will need to see or hear how their money is running.It cannot fail but no fireworks.

[minho] 10/1/2005 23:46

Treborbob correct in one,but what are your feelings on this stock?

[andywrx] 10/1/2005 20:19

i wish i knew what to do about this one, I feel completely in the dark

[treborbob] 10/1/2005 11:29

minho

So your holding it and you were not quick enough?

[minho] 05/1/2005 19:47

I have read many coments on this thread we could be backing our selves Iam a small holder in this stock which is very volitile and great fun if one is quick.

[1bensons] 05/1/2005 17:14

I might have a bet on one of the SIS systems at the bookies that this will be bust by Christmas.

I really feel that the management of this company does not have any idea !

[pylon] 05/1/2005 16:39

If SIS spent £2 million on a computer system, then if CMX is going to buy 20% of just the computer system, it would cost them £400,000.

[bigfarmer] 05/1/2005 16:28

It means the additional shares (issued to Champ) will be 'live' on 12 Jan 2005, but they won't be able to trade them because the shares are still suspended and will be until progress has been made on the SIS talks.

[bsg] 05/1/2005 15:55

RNS Number:0526H
Catalyst Media Group PLC
05 January 2005

5 January 2005

Catalyst Media Group PLC

Catalyst Media Group PLC ("the Company" or "CMG") announces that it has issued
14,678,968 new ordinary shares of 1p each ("Shares"), representing 8.28 per cent
of the Company's share capital as enlarged by the issue of Shares, to Champ Car
World Series LLC ("Champ Car") in relation to an agreement dated 15 December
2004. The Shares, which have a value of #1.14million (US$2.2million) based on
the closing share price of 7.75p on 12 November 2004 (the date prior of the
suspension of trading in the Company's shares) have been issued in consideration
for Champ Car agreeing to satisfy certain financial obligations of up to
#1.14million (US$2.2 million) of the Company's television production subsidiary
Betelgeuse Productions, Inc ("Betelgeuse") incurred by Betelgeuse whilst
providing television production services to Champ Car for the 2004 Champ Car
World Race Series. Champ Car has given certain undertakings with respect to the
sale of the Shares such that they may be only be sold in specified tranches
during a 90 day period from the date that the shares re-commence trading, such
sales to be with the assistance of CMG. If funds received from the sale of the
Shares by Champ Car exceed payments made by them under this agreement the
balance will be payable to CMG. If there is a deficit, CMG is required to pay
any shortfall to Champ Car. Any such shortfall would not increase the Group's
liabilities and would only result in an acceleration of cash outflows from the
Group. However, as the proceeds of the sale of the Shares by Champ Car reduces
Betelgeuse's, and hence the Group's, overall liabilities, CMG will be in a
stronger financial position following any sale of Shares by Champ Car.

Application will be made for the Shares to be admitted to trading on AIM.
Admission is anticipated to be effective from 12 January 2005.

The Company announced on 12 November 2004 that it was in advanced negotiations
to acquire a 20 per cent stake in Satellite Information Services Holdings
Limited ("SIS") from United Business Media ("The SIS Acquisition"). The SIS
Acquisition would constitute a reverse takeover in accordance with the AIM
Rules. Accordingly, the Company announced the suspension of its shares from
trading on the Alternative Investment Market of the London Stock Exchange. These
negotiations are continuing and the shares remain suspended for the time being.
Further announcements will be made as appropriate.

END

Enquiries

Paul Duffen, Catalyst Media Group PLC
020 7927 6699

[bsg] 30/12/2004 11:26

The Company expects to complete the SIS Acquisition by the middle of December
2004 and will make further announcements as appropriate.

... and pigs might fly.

[minho] 23/12/2004 18:41

could be 3 months before we hear any thing.

[treborbob] 17/12/2004 19:10

Well its past mid December,and all I hear is echoes.

[treborbob] 13/12/2004 08:37

Bsg

Are you sure your not talking about Oliver.

[bsg] 11/12/2004 14:42

The Company expects to complete the SIS Acquisition by the middle of December
2004 and will make further announcements as appropriate.

Hopefully be backsoon ?

[treborbob] 01/12/2004 09:06

Would someone send for the paramedics,and get the electric paddles out.

[treborbob] 24/11/2004 14:56

Was that the floor boards creaking,spookily quiet here is'nt it?