Interactive Gaming Share Discussion Threads

[multisync 5] 27/8/2007 07:57

Woofy, you cannot issue shares at less than nominal. i.e., in IGH's case 1p. Meaning there will be about 300m shares in total (new and existing). Depends how it is structured.

Also, there is nothing surprising about it. £30m business can generate free operating cashflow (with good management) going forward of £1.5m to £2m a year at the end of turnaround (12-18 months).

What will IGH be valued at then?

10-15p a share?

Never say never.

[woofy4] 27/8/2007 07:40

Well if it happens its most suprising and indeed good news for shareholders and puntes who havent been paid yet ... not wanting to sound the harbinger of doom but ... if the almost spelt correctly escape from NewYork chap is right .... regardless of shares in free float ... this now means there will be somewhere in the region of 400m shares issued in this company ... 10p a share would give a maket cap of 40m .... hmmm .. dont think thats likely .... 1/2p a share market cap of 2m ... far mor realistic ... at least until GVCF can prove they can turn this around and reserect the brand ... waiting and hoping !

[snake_pleskin] 27/8/2007 01:14

That then is excellent news..Thomas Taule and his cronies will have had to relinquish control to GCVf.

It will mean GCVF probably get aound 150,000,000 shares in the process but for all holders this in reality will not effect them as the shares in free float remain the same.The only difference being GCVf own the vast majority.

It will also mean a GCVf management team who can drag IGH back on the map, and more importantly now they are so heavily involved, they also bring with them plenty of financial resouce for IGH. If this news is confirmed then i would expect IGH to open blue once the suspension is lifted.

[jobcfc] 24/8/2007 16:02

Shaun passed number onto the Racing Post and asked them to publish for the benefit of disgruntled punters.

[oneillshaun] 24/8/2007 10:17

IGH have made tha hall of fame, naughty.

[woofy4] 24/8/2007 07:30

'Ageing Skinhead' ... the cheek of it ... I ask you ..... only joking ... let us know how you get on if you do go up there JobC or even if you just get your dosh back over the phone ... good luck

[jobcfc] 23/8/2007 19:53

No probs Power...might even do the Skinhead Moonstomp!

[power talker] 23/8/2007 19:44

Dig your Dms out and fred perry, dont forget the braces and tell them they owe me £10k in a potentially wasted investment...

[jobcfc] 23/8/2007 19:42

Thanks Woofy...also an ageing skinhead..cheers for heads-up.Will start growling tomorrow.

[woofy4] 23/8/2007 18:18

No Shaun'o ... lost a few quid from shares but no cash gambling ... wandered up there back in June to find out why they hadnt published their 2006 audited accounts on time ... had emailed phoned etc etc ... but to no avail .... spoke to the centre Manager who runs the Italian/Spanish piazza type area whre they are based ... listed as Mayfair but Just off Regent St ... he had one or two choice words to say about them so not sure if they were already behind with their rent at that point .... buzzed the telecom jobby 6 times ...no answer ... so buzzed the company on the 1st floor told them I had a package for them .... they let me in and pegged it up to 4th floor and straight in to their offices ... have to say put the wind up them quite badly when a 6ft1in 15stone greying skinhead waltzed in demanding to see Tommy boy Taule .... all a bit pointless as he wasnt there ... very small offices about the size of a decent living room ... with a small meeting room at the back right ... left him a message telling him to ring me ... which he didnt ... so emailed him a couple of days later telling him I would be popping up for another visit and to make sure he was there ... at which point he did ring .... spoon fed me assurances about how the accounts had been dealyed re logistical reasons etc etc ... sold a large percentage of my holding and left some in in case they came good ... Cest la vie .... anyway thats the end of my little story .... good luck Jobc ... hope you get your dosh back

[oneillshaun] 23/8/2007 17:35

do they owe you money woofy4?

[jobcfc] 23/8/2007 17:28

The London office i take it.

[woofy4] 23/8/2007 17:25

If you do go buzz the company downstairs .. they wouldnt even answer their intercom when I went

[oneillshaun] 23/8/2007 17:16

go to the office and ask for your money 5k is is 5k.

[jobcfc] 23/8/2007 16:58

He reckons their bank account's still active and they're trying to sort funding.There's a knat's knacker of a chance-we live in hope!

[oneillshaun] 23/8/2007 16:51

at least they picked the phone up.

[oneillshaun] 23/8/2007 15:46

jobcfc - call this number 0044207 745 6281 they will pick this phone up. Trust me I am sure he will ask you wher eyou got the number from tell him that has nothing to do with him and that you want your funds back.

[jobcfc] 23/8/2007 15:43

Gave them another day to sucker in a bit more cash!!

[woofy4] 23/8/2007 12:01

Good luck Jobc ... you may be better off going up to see them .... see both websites have been closed again ... bookmakers review were going to inform the LGA (?) that Heathorns were up and running again maybe they have and maybe thats why they have been shut down again .... who knows .... as if it matters anymore !