Oneiro Energy Share Discussion Threads

[smithie6] 02/5/2014 11:18

good news for UBC holders to see such a large % rise here

[anslow] 02/5/2014 11:13

Looks set to pop upwards now

[euclid5] 02/5/2014 09:30

From the below extract - the warrants will not be converted until 20 May 2015

The Acquisition Warrants will be issued, upon completion of the Acquisition, in registered form and governed by the terms of a warrant instrument to be executed by the Company and by the Articles. The Acquisition Warrants will entitle the Vendors to subscribe for, in aggregate, 18,003,696 Ordinary Shares at 1.5p. The exercise price and the number of Ordinary Shares issuable upon exercise are both subject to adjustment in certain circumstances, including a subdivision or consolidation of the Ordinary Shares.

Warrants will be exercisable at any time between the first and third anniversaries of the Acquisition, after which time the Acquisition Warrants will expire.

[anslow] 02/5/2014 09:26

Lol sad robot at it again I see

[bad robot] 02/5/2014 08:59

Should lose half of the rise today, locking mug punters like brashers in.

2.5p close today happens every day, does not warrant a 100% rise

[anslow] 02/5/2014 08:33

Got 8-9p all over it this boom ain't over yet

[brasher2] 02/5/2014 08:32

Lots of large buys , people taking holdings

[dirty75] 02/5/2014 07:09

BOOOM BOOM BOOM , can hardly get any stock.

[someuwin] 14/4/2014 16:03

RNS

RNS Number : 8017E
One Delta PLC
14 April 2014



One Delta plc
("One Delta" or the "Company")

Update on proposed acquisition
Loan agreement

Acquisition update
On 17 March 2014, at the same time as its equity fundraise, the Company announced that it had reached a non-binding agreement in principle for the acquisition of Audioboo Limited, a social media audio platform.

The proposed acquisition of Audioboo Limited ("Audioboo") is deemed to be a reverse take-over in accordance with the AIM Rules for Companies. Accordingly an Admission Document must be produced and shareholders` approval obtained. Work on this is at an advanced stage and, subject to completion of certain regulatory and due diligence work, is expected to be announced in the near future.

The Company has obtained irrevocable commitments from Slovar Limited ("Slovar") and UBC Media Group Plc ("UBC"), who together hold 78.86% of the issued share capital of Audioboo, to enter into a share sale agreement with the Company on terms broadly consistent (unless otherwise agreed) with the non-binding agreement in principle announced on 17 March 2014 in respect of their entire holdings of shares in Audioboo. The irrevocable commitments entered into by each of Slovar and UBC will automatically terminate on 8 June 2014 if no agreement has been entered into for the sale of the entire issued share capital of Audioboo to the Company on or before that date.

Loan Agreement
The Company has entered into a loan agreement with Audioboo pursuant to which it will make a loan of £150,000 (the "Loan") available to Audioboo (the "Loan Agreement").

The Loan Agreement provides for an unsecured, interest free, loan of £150,000 to Audioboo, the proceeds of which will be used by Audioboo to fund further development of its technical infrastructure and user interface. The initial term of the Loan is one year unless the acquisition of Audioboo is not completed by the end of June 2014 in which case the term of the Loan will be extended to 18 months or shortened so that it becomes repayable on 1 August 2014 depending on the cause of the acquisition not proceeding.

The Loan Agreement has been entered into in the expectation that the Company acquires the entire issued share capital of Audioboo before the end of June 2014.

One Delta Chairman, Roger Maddock, commented:"We have made significant progress on the acquisition of Audioboo and I am pleased to make a loan which will help accelerate our ambitious plans to develop Audioboo's social media platform."

[tomboyb] 16/3/2014 15:39

Interesting shell - tech company about to reverse here -

[someuwin] 15/3/2014 22:45

Audioboo to list in London

The British technology company, whose fan base includes the Prince of Wales and Stephen Fry, is to float in London.

"Audiboo, the British technology company whose fan base includes the Prince of Wales and Stephen Fry, is to float in London.

The online audio business, which was launched in March 2009, is to list on the London Stock Exchange's Aim market through a reverse takeover of a cash shell.

It is understood the London-based company will reverse into One Delta, a shell which has lain dormant for some time.

The reversal will be accompanied by a £4m fundraising to assist with its continued rapid expansion.

The listing will allow Audioboo to develop its core business, which facilitates online podcasts and recordings for partners including the BBC, the Premier League and the National Trust.

The reversal could be announced to the market as early as tomorrow , and is thought likely to coincide with confirmation of plans for one of Audioboo's key shareholders.

Aim-listed UBC Media, which owns a 39pc stake in Audioboo, is believed to be close to confirming that it has signed head of terms with 7Digital for the online music platform to reverse into it.

The deal, first revealed by The Telegraph in November, will provide a permanent source of funding for 7Digital, whose partners include Samsung and Pioneer and whose platform is thought to be averaging 21m to 25m hits a month. This reversal will be backed by a separate fundraising in the region of £7m to £8m.

Once complete, the renamed 7Digital vehicle will own an approximate 20pc stake in Audioboo."

[grlz] 15/4/2013 07:53

first instance of a sinking ship deserting the rats..

[solarno lopez] 02/4/2013 10:11

and it has

[solarno lopez] 02/4/2013 07:53

Only one way for this and thats ..... DOWN

[pugugly] 28/3/2013 16:55

Going going virtually gone. See 28/03/2013 16:16 UKREG
One Delta PLC Final Results

[vatacarma] 07/3/2012 17:28

Funds were raised at 8p and the price is below 5p. Going nowhere in the near term.

[grlz] 17/1/2012 19:36

for a company thats meant to be selling products its website appears more focused on peddling its own shares.

But there does appear to be a picture of a trestle table at some anonymous trade show - an orange plastic sheet - bales of rubbish (neatly stacked) and a monolith in a field with the company's name on it

well worth £1.7m MK then - I'm sure it will rise to £100m MK by the weekend.....

Good to see the AIM merry-go-round is still spinning this #### out

[parvez] 12/1/2012 16:08

If anyone s interested in what looks like a niche player, here is the link

[parvez] 12/1/2012 16:07

Atmitted today as a reverse takeover and shares were issued at 8p - surley this is a bargain below 8p at least but lot more once it is in the press.

[kw] 22/12/2004 10:29

thanks rich i now get it

[richardbees] 22/12/2004 10:26

you only need one share to have the all the rights of a shareholder

[kw] 22/12/2004 10:22

who buys or sells just one share? does anyone out there know?