Paros Share Discussion Threads

[tobyjug] 11/3/2008 15:08

Speculate to accumulate! Ive added a mil,others are also buying.

[monty1098] 11/3/2008 13:43

thanks rokkie

[longshanks] 11/3/2008 12:28

My estimate of the IP's value still stands. I guess now the value to ParOS is 60% lower, but unrisked by the costs of commercialisation. So, with a good wind, within two years they could be getting a cash sum of between £1.4m and £6m.

Good value I would say and I will take more of these.

[tiredoldbroker] 11/3/2008 12:23

longshanks, as recently as 29 Feb you said "someone could wait for a fire sale to buy the assets cheap... I would be knocking on the receiver's door with an offer too".

They've sold it for a quid and a promise, and written off all debt due to the parent. Aren't you knocking their door down, with a better offer ?

You also said "you can be sure that the offers being considered are substantially more than JakAss would like to believe" and back on 18 Feb in post 1522, your estimate of what someone would pay for Paros' technology was "between £3.5m and £15m" and you also thought if that didn't happen, "my estimates they have enough cash to see it through".

Look at what they've said today about cash, and look at the market price of the shares. Even since 18 Feb, they've halved in value - again.

[longshanks] 11/3/2008 11:56

I am perfectly happy with the deal as it stands and will vote in favour. Some valuable IP is being transferred to a business that in exchange for a big cut in future profits is happy to complete commercialisation.

I still expect that within 2 years the IP will have been sold on to an automation major and that a substantial amount of money will be coming to ParOS or whatever it becomes.

Anyone is welcome to write off their investments in ParOS but for me the potential benefits from the IP are now hedged reasonably so long as any reverse takeover is not on disadvantageous terms.

[rokkie] 11/3/2008 11:04

monty sadly they can do that. by doing an at best trade they would have deal at any price. much better to have placed a limit order then at least you know what your going to get if they do sell.

[tiredoldbroker] 11/3/2008 10:56

Come on longshanks, "Not too bad a deal" ? "Stratos... is taking on all of the liabilities" ? (didn't you notice the parent company writing off £925,000 owed to it by the trading subsidiary). I thought you were of the opinion that an industry major would bid for PARO or buy its technology at many times the prevailing share price ? Looks like, for all the criticism I may have received, that I had the more accurate assessment of the outcome. Win some, lose some, I guess.

[monty1098] 11/3/2008 10:55

i sold over 1000000 shares 2 weeks ago ,i got a price off barclays at best they quoted 0.09 when i got the paper work through i only recieved 0.055 per share ,they say because it was a large number , can they do this?

[dell314] 11/3/2008 09:18

"...is in part testament to the confidence of Stratos as he is taking on all of the liabilities..".

Longshanks - Where have you got that gem from??
Have we read the same RNS?

Rgds
dell

[rokkie] 11/3/2008 09:17

well lets hope that they find a suitable business to reverse into, although it does look like diversification is on the way.

[longshanks] 11/3/2008 08:59

POSL has been sold for £1.00 + 7% of all gross revenues to 2022 + 40% of any acquisition value from sale of the IP.

Not too bad a deal given the circumstances and is in part testament to the confidence of Stratos as he is taking on all of the liabilities.

Existing shareholders in ParOS still retain a significant unrisked interest in the intellectual property that has been transferred but unless they can find a suitable trading business to reverse into ParOS - trading of the shares on AIM will be stopped and the company will go private.

[canyfloss] 11/3/2008 08:19

PMSL....literally sold for £1-00

[tobyjug] 10/3/2008 23:49

L,Not yet,hopefully this midweek.

[longshanks] 10/3/2008 18:39

Did you find anything out Tobyjug?

[tiredoldbroker] 10/3/2008 13:22

Do you think it is possible that you are confusing industry majors having their own long-term research programmes (and not needing the Paros technology) with your hope that Paros has something which it will sell at many times the present market cap of the company ?

I can't help but feel that its been a bit like a start-up with limited funds trying to develop a new mobile phone, and ignoring the fact that Nokia, Samsung, Motorola, Sony Ericsson, LG etc all have their own ongoing R&D divisions, then when they don't have a commercially viable phone to put on the market, hoping that someone else will pay top dollar for what might be dead-end research ?

This is just a suggestion, given that none of these press cuttings seem to indicate an interest in buying-in technology, but rather they seems to suggest these big players already have the expertise and patents they need.

My view remains that PARO isn't a wise purchase, but I'm sure you're able to back your own hunches and build up your holdings if you are sufficiently confident.

[longshanks] 09/3/2008 07:20

...and let us not forget Siemens




The most efficient way to combat climate change is to employ innovative technologies that increase the efficiency of power generation, transmission and utilisation in industry, buildings and transportation. With its broad portfolio, Siemens is uniquely positioned to address these challenges. The company invests more than €2 billion per year of its R&D budget in environmental technology, has 30,000 patents in this field, and the products it launched on the market eliminated in 2006 around 15 times the level of global CO2 emissions that the company itself produces.

[longshanks] 09/3/2008 07:11

...and Honeywell are interested too TJ:




"Leveraging energy-efficient technologies has an obvious environmental
benefit, but it can have positive financial drivers as well," said Joe
Puishys, president of Honeywell Building Solutions. "Working with the Mayor
of London and the Greater London Authority Group, we will identify the green
technology that will address the city's climate commitments and provide the
greatest return on investment. We're excited to be part of this landmark
programme."

[tobyjug] 08/3/2008 13:21

L,yes,very interesting.

[longshanks] 08/3/2008 08:09

Check out this link TobyJug



I think it says it all.

[longshanks] 07/3/2008 16:08

right you are

[longshanks] 07/3/2008 12:48

Hi TJ. I'm here for the duration.

[tobyjug] 07/3/2008 10:49

L,You around?

[teddybear5] 05/3/2008 00:27

tiredoldbroker fully agree i've already wrote my investment in paros off (r.i.p)paros.