Gold vs US Dollar

Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

Get Started

Mobilewave Investors - MBW

Share Name	Share Symbol	Market	Stock Type
Mobilewave	MBW	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	0.00	0.00%	0.35	01:00:00

Open Price	Low Price	High Price	Close Price	Previous Close
			0.35	0.35

more quote information »

Top Investor Posts

Top Posts
Posted at 15/3/2014 21:08 by r g fletcher Oh dear the liar is at it again!! Acta_topup 15 Mar'14 - 19:53 - 1147 of 1157 0 0 The failure of MBW to complete and capitalise on that arrangement has ZERO to do with me so I have no idea why you are bringing that up. And yes I do continue to chat with Rory Stear as I remain the 2nd largest investor in the company. You on the other hand are an extremely small time pump and dump merchant who has absolutely zero credibility and influence Read Full Thread Reply
Posted at 22/1/2014 15:41 by stockonomist LOL Well someone got taken for a ride... Acta_topup - 29 Jan'12 - 01:49 - 1 of 307 edit Congratulations on MobileWave raising £2 million (almost 3 times it's market capitalization) via FULLY SUBSCRIBED Convertible Preference Shares (CPS's) convertible at 5p or 7p a share. Current share price 0.975p! Good luck to all long-term investors, this is going to be quite a ride! ;) Read Full Thread Reply
Posted at 18/9/2013 14:28 by outsourcer orm5, according to the RNS, they mentioned looking into setting up a Matched Bargain Servce in the future to allow investors a way to sell and buy the shares. I have email Rory Stear to see if can provide any update on things but have yet to hear back Read Full Thread Reply
Posted at 04/7/2013 22:33 by gecko5 When i mean flopped it total of 50k+ of mine just gone down the toilet, im aware of the risk on Aim but with business rep like Rory's cant believe he could even raise 2m USD after almost 2yrs, just show most likely he was taken for a ride by the so called "asian investor". Read Full Thread Reply
Posted at 05/6/2013 14:37 by sean caruana I might be clutching at straws but Rory was based in Hong Kong which already has a Newgate office. See today's news from ptcm below post 6226, could this be one of the complex series of transactions? GLA Acta_topup 3 Oct'12 - 17:53 - 6226 of 8530 0 0 I intend to. You can voice your displeasure at the AGM gecko. But I know for a fact that Rory is doing everything possible to secure the funding that the company needs one way or another. It has been a bloody difficult year here but only 2 weeks ago he stated to me that he was 90% sure that the CPS funding would be received, he just couldn't give a date. And having met the guy and spoken to him on countless occasions I can say that I believe him. We just have to wait for the Singaporean transaction to complete so that the money can be released. Newgate hires former KGA managing partner Terence Foo to launch Singapore office Alec Mattinson, prweek.com, Wednesday, 05 June 2013, 11:08am, Be the first to comment Newgate Communications has brought in former Kreab Gavin Anderson managing partner Terence Foo to open a new Singapore office. Singapore: Newgate opens new office The Porta Communciations-owned firm has opened its second Asain office, which will have an initial team of six consultants, following its establishment of a Hong Kong business in January. Foo joins the agency alongside former KGA contemporaries Fergus Wylie, Porta Communications' director of international development, and Richard Barton, Newgate managing partner and leader of its Hong Kong office. Foo had been at KGA's Singapore business for 13 years before leaving in December alongside a number of senior exits from the agency. David Wright, CEO of Porta Communications said: 'The opening of our Singapore office is an important development in Newgate's growth strategy, following on from Hong Kong earlier in the year. We are now present in two of the key financial and commercial hubs in Asia, supported by an impressive affiliate network.' The Singapore office will provide services across corporate comms, capital markets transaction comms, investor relations and public affairs. Foo, who will be a managing partner of Newgate, commented: 'Newgate is one the fastest growing communications consultancies, with a client service ethos and global ambition that matches our own. 'Our Singapore team consists of some of the most seasoned and well-connected public relations practitioners in this market. We will be able to offer clients the benefit of our broad-ranging experiences, as well as a singular focus on providing the highest levels of service and advice. I believe this will be an unrivalled offering in this market.' Newgate was launched by AIM-listed Porta in September 2011 and now has offices in London, Edinburgh, Brussels, Frankfurt, Singapore and Hong Kong. Read Full Thread Reply
Posted at 30/5/2013 15:23 by sean caruana Not sure of its significance but in all the other RNS's they refer to an Asian based investor and even mentioned Rory assisting the investor. However, this RNS states Asian investor group. Read Full Thread Reply
Posted at 28/3/2013 17:09 by gecko5 28 March 2013 MobileWave Group PLC ("MobileWave" or the "Company") Update on funding The Board of MobileWave wishes to further update shareholders as to the position regarding the receipt of additional funding. As previously announced, the Company continues to work closely with an Asian based investor to provide new investment into the Company. The proposed investment is directly linked to the successful conclusion of a separate transaction involving the aforementioned investor. As previously reported, the Company's Chairman, Rory Stear, has been actively involved in assisting this investor bring this transaction to a successful conclusion, with a view to expediting the investment into MobileWave. The Board was confident that the investment would be made in this quarter and is encouraged by the significant progress that has been made to date in concluding this matter successfully but for technical reasons, the Board now expects the investment completing in the weeks ahead. The Board will continue to keep shareholders informed of any progress and in the interim the Company's shares will remain suspended from trading pending confirmation of funding. The Company also confirms that the pending bankruptcy petition against Devin Narang is scheduled to be heard on the 8 and 9 May 2013 in the High Court of London. The Board will continue to seek a resolution in the interim. For further information, please contact: MobileWave Group plc Rory Stear, Chairman (rstear@mobilewave.com) Charles Stanley Securities, nominated adviser and broker: Dugald J Carlean / Carl Holmes 020 7149 6000 Read Full Thread Reply
Posted at 01/2/2013 12:06 by moreforus not quite encarter Mobilewave Group PLC Update on funding and winding up petition Print Alert TIDMMBW RNS Number : 9327W Mobilewave Group PLC 01 February 2013 1 February 2013 MobileWave Group PLC ("MobileWave" or the "Company") Update on Funding, Winding up petition & Litigation The Board advises shareholders that agreement has been reached with The Portman Estate ("Portman"), the landlords of 71 Gloucester Place, to enter into an agreement to surrender the Company's lease of the premises. This agreement calls for the Company to pay Portman's legal expenses incurred in this matter as well as acknowledging its debt to Portman. In addition, a lease surrender fee will be payable by the Company. In return, Portman will not seek to enforce the winding-up petition it has sought against the Company (details of which were announced on 7 January 2013), which will be heard in the High Court on 4 February, 2013. The agreement with Portman will also contain an undertaking not to proceed against the Company for payment of any outstanding debts before 31 August, 2013. In order to fund the Portman legal costs and to settle debts outstanding to smaller creditors, the Company has secured a loan of US$25,000 each from two of the Company's Directors, Andy Polansky and Vivake Gupta (the "Loans"). Interest will accrue and be rolled up to the repayment date, being 29 January 2014. The Loans carry interest at a rate of 10 per cent. per annum and are convertible at the election of either of the lenders into ordinary shares in the capital of the Company at a price of 0.35 pence per share, being the price the ordinary share of the Company were trading at immediately prior to suspension. The provision of Loans by the two Directors, Vivake Gupta and Andy Polansky, is deemed to be a related party transaction for the purposes of Rule 13 of the AIM Rules for Companies. The Chairman of the Company, Rory Stear, who is independent of this transaction, having consulted with Charles Stanley Securities (the Company's Nominated Adviser), considers the terms of the Loans to be fair and reasonable insofar as the Company's shareholders are concerned and in the best interest of MobileWave. An additional loan of GBP20,000 has been promised by GDE Global Inc., a substantial shareholder of the Company which has a beneficial interest of 12.99 per cent. in the entire issued share capital of MobileWave. The loan provided by GDE Global Inc., will convert into new ordinary shares of MobileWave when the suspension of trading in the securities of the Company is lifted. The agreement with Portman and the raising of the Loans from the Directors and the promised loan from GDE Global Inc., allows the Company to meet its commitments in the near term and the Company continues to both pursue its action against Devin Narang and to work with the Asian investor to receive the investment that the Company requires to discharge its commitments to its major creditors and stabilise itself for the future. Shareholders are aware that the Company has pursued a three prong strategy in its pursuit of the debt owed by Devin Narang to the Comany. Firstly, having been granted judgement in the amount of GBP1,070,000 in the British Courts, the Company is seeking to utilise the treaty that exists between India and the UK and execute the judgement in India. The hearing in the Delhi Court took place on31 January 2013 following this hearing, final argument has been set for to be heard on 17 May 2013. Secondly, the Company is seeking a bankruptcy order against Narang and this matter is scheduled for a full hearing in the English Courts in May 2013. Thirdly, the Company continues, on a Without Prejudice basis, to seek to constructively engage with Mr. Narang to seek a settlement. As stated in the Interim Results on 30 November 2012 the Board continues to remain positive that a beneficial outcome will be realized. The long term future of the Company will be determined by successfully sourcing sufficient new investment to pay its long term creditors and provide working capital for the Company to move forward. The Company's Chairman, Rory Stear has previously announced that he has for some months been assisting an Asian investor in concluding a substantial transaction that will, in turn, result in the required investment by the Asian investor to the Company. Negotiations for the successful conclusion of these transactions are far advanced and the Board expects these to conclude, and the Company to receive funding, during the first quarter of 2013. These are highly complex transactions but the decision of the individual Directors to provide Loans to the Company at this critical stage, should demonstrate the Board's optimism that this matter is close to conclusion and their commitment to MobileWave. As set out in preliminary results statement on 31 August 2012, the Company's ability to meet its financial and working capital requirements depend on further funding and creditor cooperation. The Board remains confident that funding will become available during Q1 2013 and will update shareholders accordingly. In light of the uncertainty as to the timing and final outcome of the discussions with the potential investor trading in the Company's shares will remain suspended pending confirmation of the financing. A further announcement will be provided to shareholders as soon as information becomes available. For further information, please contact: MobileWave Group plc Rory Stear, Chairman (rstear@mobilewave.com) Charles Stanley Securities, nominated adviser and broker: Dugald J Carlean / Carl Holmes 020 7149 6000 This information is provided by RNS The company news service from the London Stock Exchange END MSCUARUROAAURAR Read Full Thread Reply
Posted at 31/8/2012 15:29 by acta_topup Friday 31 August, 2012 Mobilewave Group PLC Final Results RNS Number : 2595L Mobilewave Group PLC 31 August 2012 MobileWave Group plc Previously Fieldbury plc ("MobileWave" or "the Company") Preliminary Results for the period ended 28 February 2012 MobileWave is pleased to announce audited preliminary results for the period ended 28 February 2012. Highlights of the period include · Implemented a GBP 4,000,000.00 ordinary share facility with Dutchess Opportunity Cayman Fund Limited. · Agreed a GBP 2,000,000.00 convertible preference share facility. · Continuing funding negotiations with new and potential investors and review of potential acquisitions Commenting on the outlook for the year, Rory Stear, Chairman, said: "The period has been a significantly tough year with our efforts focussed on implementing the strategy, reducing costs, and negotiating with potential new investors. The Board is optimistic that significant investment will be received in the near future which will enable the Group to achieve its planned development. -Ends- For further information, please contact: MobileWave Group plc Rory Stear, Chairman rstear@mobilewave.com Charles Stanley Securities Nominated Adviser & Broker Dugald J.Carlean / Carl Holmes 020 7149 6000 Chairman's Statement I am pleased to present the results for MobileWave Group plc for the period ended 28 February 2012. The period under review has been an extremely trying one for the company and your board continues to lead the company through an uncertain period, but with a very definite strategic view as to where we would like to take the company. The period under review was dominated by negotiating with potential new investors the process of building an effective leadership team, the need to define and redefine our strategic product offering, negotiating the acquisition of Ariose Software and the litigation with Devin Narang of Delhi, India, for payment of the outstanding 1,070 000 GBP that he owes the company. It is fair to say that the non-payment of this debt has placed enormous pressure on your company as we have been forced to operate under constrained cash flow due to settlement of this debt. The failure to have yet received all the contracted for Convertible Preference Shares (CPS) investment has impacted our ability to close the Ariose transaction and to vigorously grow the human resources and technical base of the company. We have received $400 000 to date and have a written agreement from an investor to invest a further $2,000,000 as part of this class and the company is currently negotiating a positive outcome with this investor. In addition, the agreement with Dutchess Opportunity Cayman Fund Ltd as announced on 6 October 2011 can be fully utilised but the board has been reluctant due to the dilutive effect at the current share price. The Group's ability to meet its future funding and working capital requirements, and further continue as a going concern, is dependent on being able to generate further investment funding, additional shareholder loans and continuing agreement from its major creditors to defer payment of their debt. Your board remains positive that the contracted for CPS investment into the company will materialise and management continue to have in depth discussions with new and existing investors who have indicated an interest in pursuing an investment in the Company. Read Full Thread Reply
Posted at 08/7/2012 20:03 by noli On the below rns, the Investment Agreement with Duchess Opportunity Cayman Fund, Ltd for preference shares, what was the conversion rate? Also the company state deals, Ariose is one, any idea who the others may be? Has anyone found out what revenue/profit Ariose are making? RNS Number : 1458A Mobilewave Group PLC 27 March 2012 27 March 2012 MobileWave Group plc ("MobileWave" or the "Company") Issue of Equity The Board is pleased to announce that as a result of the ongoing investment in the Company by Dutchess Opportunity Cayman Fund Ltd ("Dutchess") announced on 06 October 2011 the Company is issuing a further 250,000 new ordinary shares in the Company to the Dutchess. Under the Investment Agreement entered into by the Company and Dutchess, Dutchess agreed to subscribe for up to GBP4.0 million of new ordinary shares in the Company over a period of three years. Accordingly, application has been made for the 250,000 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 30 March 2012. The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 111,632,009 ordinary shares. ------------------------------------------ Outlook In May 2011 Shareholders approved a proposal to raise up to GBP2.0 million in aggregate by way of an issue of Convertible Preference Shares in order to finance the ongoing development of the MobileWave business. To date the Company has raised $400,000 from investors in the Convertible Preference Shares and continues to seek further investors for the Convertible Preference Shares. In addition to the initiative to raise funds from the issue of the Convertible Preference Shares, the Company has, with Shareholders' approval, entered into an Investment Agreement with Duchess Opportunity Cayman Fund, Ltd (the "Investor"), whereby the Investor has committed to subscribe for up to GBP4.0 million of New Ordinary Shares over a period of thirty six (36) months. Under the material terms of the agreement the Company is entitled to serve notice on the Investor (the "Put Notice") requiring it to subscribe for New Ordinary Shares equal in value to the greater of (i) GBP25,000 and (ii) 400% of the average daily volume ("ADV") of New Ordinary Shares multiplied by the average of the three (3) daily closing bid prices for the New Ordinary Shares immediately preceding the Put Notice; on one occasion only to serve notice requiring the Investor to subscribe for New Ordinary Shares up to a value of GBP250,000; the subscription price at which the Investor will subscribe for New Ordinary Shares will be 92% of the lowest daily volume weighted average price of the New Ordinary Shares during the ten (10) consecutive trading days immediately after service of the Put Notice; and the Company is entitled to withdraw from a transaction if the subscription price of the New Ordinary Shares falls below a price to be set by the Company when it serves the Put Notice. As the business continues to evolve, this additional investment will provide assurances that the Company will have sufficient working capital until such time as further Convertible Preference Shares can be issued. With the above funds in place, MobileWave Group PLC is well placed to take advantage of the numerous client leads it is now developing for its products, and expects to be generating revenues from March 2012 onwards. Read Full Thread Reply

Delayed Upgrade Clock

Support: +44 (0) 203 8794 460 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions