Civitas Social Housing Share Discussion Threads

[harki] 13/3/2008 15:36

output increased in jan/feb/march.get ready for big news.dyor

[harki] 13/3/2008 15:30

happy days

[markinthepark] 13/3/2008 15:29

LOL!!!!!!!

[harki] 13/3/2008 15:29

wait for the update and this will be 7p pronto.

[quraishim] 13/3/2008 15:26

Yet another ramp

harki - 13 Mar'08 - 15:25 - 1917 of 1917

caspian holdings/csh rumour of export licence approval and corporate update

[quraishim] 13/3/2008 15:23

harki - 13 Mar'08 - 15:19 - 13891 of 13891

rumour of export licence approval on caspian holdings/csh.

Another ramp

[1waving] 13/3/2008 15:17

copy of harki's ramps - is he a known ramper ?

ab rumour of caspian/csh approval and reserve upgrade along with export licence.dont miss it at an all time low and producing alot of barrels i hear.


harki - 13 Mar'08 - 15:07 - 176 of 176


caspian holdings/csh.you heard it here first and a possible acquisition too boot.

[1waving] 13/3/2008 15:02

some idiot with the name harki is going onto other company threads ramping this stock.

[markinthepark] 06/3/2008 13:50

mange is about the right word for it...a dog with fleas

[countbasie1] 05/3/2008 21:34

Total mangement

[tonester30ccfc] 05/3/2008 21:30

"However, should the Company's Zhengeldy Subsoil License in
Kazakhstan be terminated or suspended by the Ministry of Energy and Mineral
Resources of Kazakhstan, the above options in relation to the second tranche
will then have an exercise price of 1 pence and expire on 31 December 2010"


Risk mangement or the potential to become a reality???

[markinthepark] 05/3/2008 14:46

That's Aim for you.....people can't say they haven't been warned enough times here.....

[stuart14] 05/3/2008 14:25

Why anyone would buy shares in the Co now defies belief. Even if MM manages to turn it around (looking unlikely) he'll have so many options to excerise he'll be diluting any shareholder value and increasing his own holding all the time.

[tonester30ccfc] 05/3/2008 12:32

RNS Number:4007P
Caspian Holdings plc
05 March 2008

Caspian Holdings Plc
("Caspian" or the "Company")

5 March 2008

Credit Facility Agreement

Further to the announcement made on 24 April 2007, Caspian Holdings Plc
announces that it has drawn down the second tranche of the unsecured credit
facility to raise £100,000 at a rate of 4% over LIBOR from investors and major
shareholders.

The credit facility, as announced on 24 April 2007, has been amended with the
agreement of all parties to extend the time period in which the second tranche
is available for drawdown to a period of 12 months.

Participating investors in the second tranche have been granted 25 options over
ordinary shares in the Company for every £1.00 invested in the facility as a
commitment fee The options have an exercise price of 3 pence and expire on 31
December 2010. However, should the Company's Zhengeldy Subsoil License in
Kazakhstan be terminated or suspended by the Ministry of Energy and Mineral
Resources of Kazakhstan, the above options in relation to the second tranche
will then have an exercise price of 1 pence and expire on 31 December 2010.

The second tranche of the loan is a short term facility to fund working capital
and new project acquisition activities. It is intended that the entire facility
is replaced with more permanent finance in the future following either the
extension of the Zhengeldy licence area and/or new project acquisition. The
entire loan will be repaid in full on the earlier of an equity raising or at
maturity on 11 April 2009. Major shareholders including Chairman Michael
Masterman have shown their support for the company in participating in the loan
facility.

Related Party Transaction

Masterman Investments Limited ("MIL"), a company related to Michael Masterman, a
director of Caspian, and of which Michael Masterman is a director and sole
shareholder, is a lender participating in the Credit Facility to the amount of
£50,000 and will therefore receive 1,250,000 options as a commitment fee. The
loan by MIL is therefore classified as a related party transaction for the
purposes of the AIM Rules. Accordingly the Directors (other than Michael
Masterman), having consulted with Grant Thornton Corporate Finance (in its
capacity as the Company's nominated adviser), confirm that they are satisfied
that the terms of MIL's participation in the credit facility are fair and
reasonable insofar as the shareholders of the Company are concerned.

Following this transaction and the awarding of options, Michael Masterman will
be interested in 11,900,000 ordinary shares in the Company representing an
interest of 12.0% in the total voting rights of the Company. In addition,
Michael Masterman is interested in 6,250,000 options over ordinary shares in the
Company as follows:

Stock Options Held Option Exercise Price Expiry Date
5,000,000 £0.04 31 December 2010
1,250,000 £0.03 31 December 2010

[countbasie1] 22/2/2008 18:57

Gordon's aliiive!

[minefan] 21/2/2008 11:20

isnt it something about trying to get renewal of licence with the Govt??

[grlz] 20/2/2008 18:33

btut - yep the storage tanks are most likely full hence the stop

dyor

[btut] 20/2/2008 17:42

Lets look at this in a different light,maybe the storage tanks are full ready for export.All we need now is the licience approval..

[geoffcapes] 20/2/2008 17:09

I bet MM takes his whopping salary though. Even though he does sweet FA.