Gate Ventures Share Discussion Threads

[ten bag man] 29/9/2015 15:43

Dear me,yet more bad news for the shorts.!!!

( WINNIE and his shorting gang did their very best to try and persuade Mr Grade to stay clear of the company.)




Press Release
28 September 2015


Gate Ventures Plc

(“Gate Ventures” or the “Company”;)

Appointment of Deputy Chairman and Chief Strategy Officer

The Board of Gate Ventures Plc is pleased to announce the appointment of Michael Grade as Non-Executive Deputy Chairman and Michael Linnit as Chief Strategy Officer with immediate effect.

Gate has recently invested in the much anticipated and publicised West End production of Sunset Boulevard, which will run in a limited season of 43 performances at ENO’s London Coliseum, beginning on 1 April 2016. Directed by Lonny Price, and starring multiple Academy Award nominated actress Glenn Close, Sunset Boulevard is the second production in the partnership between the English National Opera (“ENO”) and the GradeLinnit Company, a company formed in 2008 by Michael Grade and Michael Linnit.

As Deputy Chairman and Chief Strategy Officer of Gate Ventures, Michael Grade and Michael Linnit will assist the Company to take a more active role in production and to produce further shows of similar quality and scale as Sunset Boulevard.

Michael Grade has over 40 years’ experience in the entertainment industry. He became deputy controller of entertainment programmes at London Weekend Television in 1973, moving on 11 years later to become controller of BBC One and became BBC TV’s director of programmes two years later. In 1988, Michael Grade became Chief Executive at Channel 4, bringing the hugely popular American series’ Friends and ER to British television. He left Channel 4 in 1997 and has been involved in numerous companies including First Leisure, Camelot, Pinewood Studios and Ocado. Michael Grade was awarded CBE in 1998 for his significant achievements in broadcasting.

Michael Linnit’s career spans over 50 years having worked in London, Broadway, and Hollywood. In 1970 Michael Linnit moved to New York to work for Ashley Famous Agency and in 1971 he became Vice-President of the Company, representing actors, writers, and directors in Hollywood. In 1973 Michael Linnit produced his first West End play What if You Died Tomorrow by David Williamson and has since produced a succession of plays for both the West End and globally. In 1986 Michael Linnit returned to Hollywood and continued to produce both live entertainment and television programmes, including Fire & Ice, which was awarded Best Television Spectacular by the American Critics Circle. Mr Linnit has recently co-produced Tom Stoppard plays Jumpers and Rock ‘N’ Roll, Michael Frayn’s Democracy, Alan Bennett’s The History Boys, the highly popular Michael Morpurgo’s War Horse and The Curious Incident of the Dog in the Night-Time with the National Theatre. .

Dr Johnny Hon, Chairman of Gate Ventures PLC, commented: “The addition of Michael Grade and Michael Linnit to the Board of Gate Ventures represents the commitment of the Company to become a major participant in the entertainment industry. Lord Grade and Mr Linnit are both highly respected in the UK entertainment industry and their extensive experience and contacts will assist Gate Ventures as an active producer to scale up its operations. We look forward both of our new Directors to contributing further to highly commercially successful entertainment projects in the future.”

[ten bag man] 23/9/2015 18:33

Press Release
22 September 2015


Gate Ventures Plc

(“Gate Ventures” or the “Company”;)

Investment in Sunset Boulevard Production

Further to Gate Ventures Trading Update on 22 July 2015 outlining its plans to make further high profile investments in the entertainment industry, and in addition to the recently completed Infinity Creative Media investment, Gate Ventures is pleased to announce its investment in a new West End production of Sunset Boulevard.

Sunset Boulevard will run in a limited season of 43 performances at ENO’s London Coliseum, with music by Andrew Lloyd Webber and book and lyrics by Don Black and Christopher Hampton, beginning on 1 April 2016 with a press night on 4 April 2016 at 7:30pm and final performance on 7 May 2016.

Directed by Lonny Price and starring multiple Academy Award nominated actress Glenn Close, Sunset Boulevard is the second production in the partnership between the English National Opera (“ENO”) and the GradeLinnit Company, a company formed in 2008 by Michael Grade and Michael Linnit.

ENO and GradeLinnit Company will be managing the operations and artistic directions of the show and Gate Ventures’ Chairman Johnny Hon will act as executive producer on the production, managing various commercial aspects of the show.

Cressida Pollock, ENO, Chief Executive Officer said: “We at English National Opera believe that the combination of multiple award-winning Glenn Close, making her West End stage debut, and Andrew Lloyd Webber’s hit musical Sunset Boulevard, will once again pack the London Coliseum with ENO regulars and new audiences. We are all looking forward to working on this next thrilling production with the GradeLinnit Company, the team that delivered this year’s hugely successful run of Sweeney Todd.”

Dr Johnny Hon, Chairman of Gate Ventures PLC, said: “Gate remains committed to identifying and financially supporting exciting projects within the entertainment industry. We are pleased to be supporting the GradeLinnit Company. Sunset Boulevard marks Gate’s second investment since its recent stake in Infinity Media and we look forward to working alongside a very experienced and high profile team on this production to make it a memorable one for all who see it as well as creating a great box office success.”

- Ends -


For further information:
Gate Ventures Plc

Dr Johnny Hon, Chairman
Geoff Morrow, CEO
Tel: [phone]
www.gateplc.com

Media enquiries:
Abchurch Communications Limited

Canace Wong / James Burman
Tel: [phone]
[e-mail]
www.abchurch-group.com


Notes to Editors

About Sunset Boulevard

Based on Billy Wilder’s classic Paramount film, Sunset Boulevard originally premiered in London at the Adelphi Theatre in 1993, where it ran for almost four years and was played to nearly two million people. The second production of Sunset Boulevard sees collaboration between English National Opera (ENO) and GradeLinnit Company. Starring Glenn Close and directed by Lonny Price, with music by Andrew Lloyd Webber and book and lyrics by Don Black and Christopher Hampton, this production of Sunset Boulevard will be performed at ENO’s London Coliseum from 1 April 2016 to 7 May 2016. Glenn Close also appeared in the 1993 production as Norma Desmond, and won a Tony Award, a Drama Desk Award, a Los Angeles Drama Critics Circle Award and a Dramalogue Award for her performance in the original production. Tickets for the show are available between £12 to £105, with 400 seats at £25 or less including 100 at £12 for every performance. Priority booking opens for ENO friends (www.eno.org) at 10am on 25 September 2015 with public booking opening at 10am on 29 September 2015.

English National Opera

English National Opera is founded on the belief that opera of the highest quality should be accessible to everyone. We are a national company of international standard. We forge ground-breaking collaborations across art forms, and our world-class productions inspire, surprise, and captivate. We sing in English. We believe that singing in our own language connects the performers and the audience to the drama onstage, and enhances the experience for all. We bring our productions to the widest possible audience, whether at the London Coliseum, nationally or internationally. We make our work accessible by offering a large proportion of tickets at affordable prices, and by distributing it widely on screen and via digital media. We nurture talent across the entire company, whether on-stage, backstage, or in the pit. We provide a platform for young singers to develop global careers. We tell the world’s most timeless stories, unforgettably.

The GradeLinnit Company

The GradeLinnit Company was founded by Michael Grade and Michael Linnit in 2008, having worked closely together on various projects over many decades. In partnership with English National Opera the GradeLinnit Company will develop new productions of the finest musicals. This partnership will harness the producing and technical teams at ENO and the commercial expertise of Grade and Linnit to produce world class musical theatre in London’s largest theatre, ENO’s London Coliseum, and beyond.

Johnny Hon

Johnny Hon, Executive Producer, has always had an interest in the Arts - sometimes as benefactor and sometimes investor. He was Executive Producer of the box office hit Protégé;, starring Andy Lau and Daniel Wu, and of the George W. Bush biopic W, directed by Oliver Stone. Sunset Boulevard is his first foray into Theatre.

Gate Ventures Plc

The Company was formed to make investments and capitalise on investment opportunities in the media and entertainment sectors. Since the formation of the Company, the Board has requested shareholder approval to expand its business strategy to include the fashion retail sector, the television element of the media and entertainment sectors, e-commerce as well as operational activities. The Board believes the expansion of the Company’s business strategy will add significant shareholder value and as such it has recommended to shareholders that they authorise this resolution at the Company’s EGM on 27 August. The Company intends to focus on investment and operational opportunities primarily in the UK and China, however other territories will also be considered as opportunities arise.

It was also approved in the EGM to sub-divide each Gate Venture’s ordinary share of one pence into 50 ordinary shares of 0.02 pence each.

[neo19] 23/9/2015 18:05

Thanks TBM..Much appreciated for your advice and i will definitely keep them on the Britdaq board and at the same price.The shorters have definitely been burnt with this one.I don't need the money for a very long time and i was fortunate to make all of that in other shares so i was riding free in Gate anyway.
I'll keep you posted once i have any news about the shares.
Keep up the good posting mate and i love it when you give the shorters stick..Lol

[ten bag man] 23/9/2015 17:21

Yes you are.

The shorters think they will at some stage pick up shares from those that want to sell.

Thus, they play a waiting game and very often they end up getting them as holders give up and want some cash.

Here at GATE they have found no sellers.

They can not last out for ever, infact the counter parties may/ will want to force the issue at some stage.

All you need to do is keep your stock on the board and wait.

You have time on your side, they do not.

I think you are one of the very very few UK holders of the shares as the buyers have I understand been from the Far East.

Also their might be a buyer at your price who is not a shorter covering,but just wants to take up any stock that comes free.

A side effect of that is it piles yet more pressure on the shorters.

[neo19] 23/9/2015 16:59

Hi TBM..Hope you are well.Just to let you know that i have put my shares on Britdaq for sell about a week ago but still no buyers yet.I was wandering with the post you just put on...Am i right in thinking that they can't close because the price is way high and they can't afford to buy?
Cheers bud.

[ten bag man] 23/9/2015 15:51

New show just about to open.!!!

(Shorts can't close)

Lol.

[ten bag man] 07/9/2015 12:00

Not a good day for the shorters here.!!

[ten bag man] 04/9/2015 12:21

I am also of the view both stocks may have been shorted by them. !!

[ten bag man] 04/9/2015 12:21

I have started a new thread on TERN ( shorting )

The two stocks have huge links to WINNIE and his mates web sites.

I also think they are the two highest risers over the last 12 months on the LSE.

[ten bag man] 03/9/2015 18:46

Gosh, if only they had closed when they could have done.!!

[ten bag man] 03/9/2015 17:42

After six months the shorters thought they would be looking at 5P a share with profits banked.

Everything that could go wrong for them has gone wrong. !!!

Result

£10.00 per old share ( pre 50 for 1)

[ten bag man] 03/9/2015 11:23

WANTED DEAD or ALIVE

GATE SHARES.

Contact THE FAT MAN, WINNIE and the SHORTING GANG.

[ten bag man] 02/9/2015 13:26

Those that naked shorted a share with a tiny free float( by their own admission), controlled by the Chinese, on AIM were in my view not very bright.



The shorters thought they had / have the upper hand.

How can / could they.

[ten bag man] 02/9/2015 10:59

Time and cash is however the one thing those that shorted this stock do not have.

[elcapital] 02/9/2015 10:41

You are an idiot, you have never had a position here

It is only a matter of time until the shorts can close at a sensible figure.

www.shareprophets.com/views/14658/gate-ventures-more-on-that-placement-of-shares-at-6-and-companies-house-filings