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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Digital Learn. | DLM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 5.25 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 5.25 | 5.25 |
| Top Posts |
|---|
Posted at 16/11/2012 16:18 by markt Soam I right in saying that DLM was worth 35k, +10k for some computers ? (if so, then it is almost funny (apologies to any holders)) ---- What an amazing story of.....imo, negligence. Should such negligence not involve liability to shareholders ? ...to wildly spend the shareholders' assetts without seeing that it was generating any income.... ---- The elearning marketplace hub... what happened to that ? ..some posters thought it would take over the world surely the hub must still be an active project, since Govt. backed I thought.. and with Pearson involved... |
Posted at 02/11/2012 07:52 by n3tleylucas Shareholder update and SuspensionAs set out in the announcement dated 8 October 2012, the board of DLM ("Board") has been considering a range of options to maintain and grow shareholder value, against a background of extremely difficult and fragile Company finances. While the Board is working on a number of proposals, as set out below, which could, if implemented, provide the Board with clarification on the financial position of the Company there is currently no certainty that the Board will be able to implement such proposals. As a result of this uncertainty the Board is seeking a suspension. In order for the Company to eliminate the Company's indebtedness and have sufficient working capital to continue to operate as a solvent entity the Company must be in a position to implement a Company Voluntary Arrangement within four weeks, the terms of which are currently under negotiation. Further to the announcement made on 8 October 2012, when the Board announced it planned to raise £250,000 through a placing of zero coupon, unsecured convertible loan notes and dispose of all assets and liabilities to the Company's shareholders as well as the adoption of a new investment strategy and change of name to Shidu Group Plc, a number of potential buyers have expressed an interest in acquiring the operating subsidiaries of DLM and the Board is currently considering each proposal. As a result of these expressions of interest, it is likely that the operating subsidiaries of DLM will be sold to a third party as opposed to being transferred to a new private company which would be owned by the existing shareholders of DLM, while still retaining their ordinary shares of 0.01 pence each ("Ordinary Shares"). Discussions are continuing, an announcement will be made when a contract has been signed and a circular sent to shareholders seeking consent for the disposal in line with AIM Rule 15. In addition to a number of the Company's dormant subsidiaries, DLM Products Ltd, DLM Consulting Services Ltd and PixeLearning Ltd, operating subsidiaries which have not attracted interest from buyers, will be liquidated and Intellego Knowledge Solutions Ltd closed. In conjunction with holding discussions regarding a sale of the operating subsidiaries of DLM, the Board is also determining an appropriate investing policy for the remaining AIM quoted vehicle. To this end, discussions are continuing with the clients of Peterhouse Corporate Finance as set out in the announcement dated 8 October 2012. In view of the uncertainties in relation to the operational and financial condition of the Company, the Board has requested that trading in the Ordinary Shares of the Company be suspended until such time as the outcome of the aforementioned discussions can be clarified. The Board will keep shareholders informed of progress in relation to the discussions outlined above and when appropriate a circular will be sent to shareholders and, if appropriate, to creditors of the Company convening a general meeting. In this interregnum both Angus Forrest and Bruce Leith are acting as executive directors of the Company. |
Posted at 09/10/2012 21:22 by scientologyweirdo 102 mentions of DLM on the Topinfo pump and dump brigade thread. Many of them in the last few days.Tut Tut. TOP Traders Thread !!!! - CR Amazon_Woman - 08 Oct 2012 - 11:01:40 - 155830 of 156630 DLM people still sniffing small trades but £2k is .5% of the co !!! funded returned to profitability according to RNSs, the latest fund raise should be enough to fund WC if they are now profitable. -------------------- TOP Traders Thread !!!! - CR Amazon_Woman - 05 Oct 2012 - 16:20:48 - 155551 of 156631 DLM sorry only a 50 bagger got carried away saying 100 bagger LOL -------------------- TOP Traders Thread !!!! - CR Amazon_Woman - 05 Oct 2012 - 15:57:56 - 155512 of 156631 DLM a bit more interest £350k MC with contracts coming in at £350k a time 10 poss 100 bagger IDS -------------------- TOP Traders Thread !!!! - CR Amazon_Woman - 05 Oct 2012 - 15:17:38 - 155466 of 156631 NEW BEGINNING MKT CAP JUST £380,000 (with cash £279,000) (DLM) DLM last mention do NOT say why didn't anyone say am off again have fun -------------------- |
Posted at 08/10/2012 15:23 by scientologyweirdo 97 ! mentions of DLM on the Topinfo Pump and Dump brigade thread !That's more mentions of DLM on there than on this thread ! |
Posted at 08/10/2012 13:23 by scientologyweirdo TOPINFO8 Oct'12 - 14:16 - 155970 of 155978 I dont think she will be having fun when she gets back if she hasnt seen that Rns? Amazon_Woman - 05 Oct 2012 - 15:17:38 - 155466 of 155965 NEW BEGINNING MKT CAP JUST £380,000 (with cash £279,000) (DLM) DLM last mention do NOT say why didn't anyone say am off again have fun |
Posted at 08/10/2012 13:14 by scientologyweirdo Amazon_Woman - 05 Oct 2012 - 15:17:38 - 155466 of 155965NEW BEGINNING MKT CAP JUST £380,000 (with cash £279,000) (DLM) DLM last mention do NOT say why didn't anyone say am off again have fun |
Posted at 08/10/2012 13:03 by topinfo Digital Learning Marketplace plc Digital Learning Marketplace plc : Proposed Subscription and Corporate RestructuringAlert TIDMDLM 8 October 2012 DIGITAL LEARNING MARKETPLACE PLC ("DLM" or "the Company") Proposed Subscription and Corporate Restructuring On 28 September 2012, the Board announced, inter alia with the issuance of the Company's unaudited Interim Results, that it was considering a range of options to maintain and grow shareholder value, against a background of extremely difficult and fragile company finances. This review had been underway for some time prior to the announcement last month, but has been brought to a conclusion following the Interim Results. Whilst the Board believed that the opportunity existed to develop a substantial and profitable business, their view is now that the prospects for delivering on this opportunity within the public environment, with its associated cost base, is limited. One of the principal objectives of the Company's listing on AIM was to provide it with access to development capital as the business grew. However, it has become apparent that in the more demanding current market environment the Company's trading is not sufficiently strong to ensure this objective can be met, and as a consequence the Board no longer feels able to justify the continued costs associated with the Company's admission to AIM. Although de-listing would be a possibility for the Company, the Board has decided to investigate alternative options which have the potential to deliver greater overall value to shareholders. In this regard, the Directors are pleased to announce that the Company has today entered into a subscription agreement with an FSA regulated broker on behalf of the their clients via Peterhouse Corporate Finance, the Company's brokers, which envisages: * raising of GBP250,000 through a placing (the "Placing") of zero-coupon, unsecured convertible loan notes (the "Loan Notes"). The key terms of the Loan Notes are: * Gross proceeds of GBP250,000; * Repayable by 30 June 2014; * Subject to the receipt of any required regulatory approvals both the Company and Loan Note holders may elect to convert the Loan Notes into ordinary shares of the Company, at any time following the proposed forthcoming General Meeting ('GM'), at a price of 2.5p per share; and * Assuming full conversion of the Loan Notes the new subscribers will hold 81.77 per cent and the Company's current shareholders will hold 18.23 per cent of the enlarged share capital immediately following the General Meeting outlined below. This subscription has been made on the basis of * The disposal of all of the existing assets and liabilities of the Company to the Company's shareholders, so that ownership of these assets and liabilities via a private company will mirror the current ownership of the Company. The Board is currently evaluating the most effective way to facilitate this separation. * the adoption of a new investing strategy by the Company; and * the change of name of the Company to 'Shidu Group Plc', to reflect the new investing policy when formulated . together, the ("Proposals"). The Proposals will require the approval of the DLM's shareholders as they would result in a fundamental change of business for the Company under Rule 15 of the AIM Rules for Companies. When the Proposals have been finalised, including the future investing strategy and Board changes necessary to implement the strategy, an announcement will be made and a circular convening a General Meeting of the Company for this purpose, will be sent to shareholders in accordance with AIM Rule 15. In summary, the Board considers that the Proposals are in the best interests of the Company and its shareholders as: 1. they provide the best opportunity for the DLM existing business to be developed for the benefit of shareholders, who will retain ownership on a de-merged basis, either as a stand-alone business or as part of another entity or sold with the realised funds being returned to shareholders; 2. they provide the opportunity of a "clean shell" which is more attractive to potential reverse candidates; 3. they remove the financial uncertainty, as referred to above; and 4. overall, they present the best option for re-establishing shareholder value. . For further information please contact: Angus Forrest Roland Cornish Jon Levinson Lucy Williams Digital Learning Beaumont Cornish Peterhouse Corporate Finance Marketplace PLC (NOMAD) (Broker) 020 7408 4720 020 7628 3396 020 74690930 |
Posted at 15/8/2012 09:24 by someuwin As I see it...DLM has signed an agreement with a FTSE 100 company (The publisher) to produce digital learning products with online/video based content. The publisher will then sign contracts with major corporates worldwide to use these training courses/resourses. (The value to DLM of contracts already signed is in excess of GBP350,000). Thus, as each new corporate signs up with the publisher they will be paying for the existing content so revenue to DLM will be incremental. DLM gain by producing more content for existing corporates AND they gain when new corporates sign up for the existing material. "Discussions are being held with other major corporates and further contract wins are expected." |
Posted at 23/7/2012 14:53 by markt "wilburylover1 19 Jul'12 - 18:51 - 394 of 399 So Markt. What happens from here." .....no idea at all ! but..... there is a risk of X% that it does not produce its results and puts itself in administration (being suspended is not recommended business practice !)....and shareholders get 0 or a chance that they raise some cash to keep going for longer..... and/or new contracts at same time or announce that sold themselves to bigger company.....with return of 0-100% for shareholders or announce termination of some projects that were using up cash...and redundancy for those people, or the projects moved to some other company that can afford to run them.... I havent been watching closely and I am not close to the co, so my guess would not be very good.... they are involved with some big companies in the DLMarket like Pearson...who could buy them if it avoided the DLM project ending. in all deals imo DLM are in a bad position.....no bargaining power imo...since have predicted results date and then not produced... (high change I think that they have a possible deal..hence announced a results date...but struggling to sign it off. I assume that not producing results because if they did they would have to announce that they are not a going concern and perhaps the rules would force suspension and calling in administrato....) I hope they keep going..... (it is a repeating problem for listed microcap companies....if they dont quickly grow turnover and hence spread the cost of being listed over more turnover....they can consume themselves if do not make high profits to support the listing costs 1/2M - 1M pnds per year minimum I think for AIM companies when include director fees (normally much higher than for a non listed co) Anyone else got any views ? ==== Why are there posts about Close Brothers on DLM thread ?! |
Posted at 27/3/2012 06:28 by mike_f DIGITAL LEARNING MARKETPLACE PLC ("DLM" or the "Company") Placing Digital Learning Marketplace plc (DLM) is announcing to its shareholders that it is carrying out a Placing to raise cash from Institutions and qualified high net worth individuals via its brokers at 0.20p per ordinary share. Investors are being told that they must have completed the subscription to the placing by 5pm on Thursday 29 March 2012. Investing in DLM is an EIS qualified investment subject to the terms of HMRC Enterprise Investment Scheme (EIS). DLM is further announcing that its new Primary Broker is Northland Capital Partners - Katie Shelton Head of Corporate Broking will be leading future funding rounds on behalf of the company. Rivington Street Corporate Finance (RSCF) are also retained as brokers to address the various retail and private client investors that the Company has existing relationships with. CEO of RSCF Peter Greensmith is in charge of these relationships. Full details of EIS investments can be found at: Due to the regulations of EIS investments there has to be a minimum investment of GBP500 up to a maximum of GBP500,000 worth of shares in any one company in any one tax year to qualify. However, from 6 April 2011 relief is at 30 per cent. of the cost of the shares to be set against the individual's Income Tax liability for the tax year in which the investment was made. DLM will use the funds raised for organic growth and to cover acquisition costs. NOMAD approved presentations to qualified investors as defined under the FSA regulations are being conducted during the 27-29(th) March 2012 at the Company's offices at Windsor House, 55/56, St James Street, London, SW1A 1LA or at investors' offices. |
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