Share Name Share Symbol Market Type Share ISIN Share Description
Paros Plc LSE:PARO London Ordinary Share GB00B0LMGR34 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.055p 0.00p 0.00p - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment - - - - 0.26

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25/4/200710:17Paros with Charts & News2

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fenseal3: Where does paro stand now with Worldlink now they are being Admitted to the LSE...any thoughts welcome. Worldlink Group Plc Admitted to Standard Segment of the London Stock Exchange 24 November 2011 | 7.00 AM Worldlink Group Plc ("Worldlink" or the "Company") (LSE: WGP), a provider of real-time financial information and owner of intellectual property in the transmission of mobile data sector, today announces its admission to trading on the standard segment of the London Stock Exchange. The Company's shares are expected to commence trading under symbol WGP at 8.00am (GMT) on 24 November 2011. Neil Riches, Managing Director, commented, "This is an important time for Worldlink as it works towards commercialising its intellectual property. Our objective now is to grant licences to parties infringing our patents. We will work with our legal advisers to bring proceedings against those that refuse. "We are delighted with our admission to the LSE Standard market and consider that it marks a significant step for the company and will prove a good platform from which to build our business. We hope it will raise our profile, give us exposure to a wider investment audience and, in turn, provide our shareholders with improved liquidity." The market capitalisation at listing is anticipated to be circa £55m and the opening share price approximately £2.50. ABOUT WORLDLINK GROUP PLC Worldlink is a technology company that provides a platform service through which it and third parties can deliver financial data and trading applications to consumers. The Group owns intellectual property in the mobile telecommunication sector for the transmission of automatically updated, real time data where the user selects the information he wishes to receive. The UK and US patent numbers are GB 23 58 768 and US 7 194 468. For more information about Worldlink and its businesses or to access a full copy of the prospectus please visit For further information, please contact: Neil Riches Tel: 01737 221078 Managing Director Worldlink Group plc Phil O'Connell Tel: 07711 819687 Bridgehall Securities Mike Wort / Anna Dunphy Tel: 0207 556 1063 De Facto Financial This information is provided by RNS The company news service from the London Stock Exchange END MSCLLFSFLVLVFIL
tiredoldbroker: 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.
tiredoldbroker: longshanks, you said "I know of many microcap technologies that have sound IP, like ParOS, that have secured funding whilst JakAss has chirped his merry song of imminent failure in the background, and gone on to see sustained recoveries in their share price" but you only name ABH, where the recovery seems to have been from 0.1p to 0.18p after a fall from 1.5p; can you name the other stocks that you include in your definition of "many" ? Also you again accuse Jaknife of having "a paid job involved in weakening confidence in such stocks". Apart fromt he fact that in 30 years in the market, I've never once seen it proven that such people might exist, what would be the point in doing this in a microcap stock like PARO ? You couldn't make enough from shorting the stock to pay someone, make aprofit and justify the risks involved.
longshanks: Bang on Tobyjug. There has been too much misinformation being put forward by the likes of JakAss to try and demean the value of ParOS and its IP. What you say makes perfect sense. ParOS has been going through a process of commercialising its IPR - and along the way has been awarded National European Patents - and will, imminently, have the U.S. patent granted. The patents will enable the company to pursue licensing deals with adequate protection against misappropriation. Additionally, one should not presume that just because funds are limited that a company is near or beyond insolvency. I know of many microcap technologies that have sound IP, like ParOS, that have secured funding whilst JakAss has chirped his merry song of imminent failure in the background, and gone on to see sustained recoveries in their share price. I would like to think JakAss just an ignorant prat but I suspect, from his superficially clever prose, that he has a paid job involved in weakening confidence in such stocks. Whilst things may look bleak cyberbub et al, I really don't believe you should write off your ParOS investments just yet. unconcious has it just about right - AIM stocks are risky, but those with valuable IP have more to offer than those without. A more informed and impartial researcher, Armshare, state in their notes for this company: A concept stock with an interesting pedigree out of Imperial College, an overhead structure which currently appears reasonable and generating income from development work, which also serves the purpose of increasing market knowledge.
tiredoldbroker: longshanks, I hope you won't mind me chipping in here - I think you'll agree that I gave my reasons for not liking this share a long time back (including my opinion that they'd run out of cash before commercialising the technology), and since then I've left it alone, as I didn't feel I had anything new to add. I do think you've been in some unreliable company here, and that there have been people who have simply ramped the stock, in the hope of making a couple of hundred quid - and their efforts, and the number of their posts, have been out of all proportion to the small amount of dishonest profit they hoped to make. There never has been a secret buyer, trying to build up a major stake, notwithstanding dozens of claims that a buyer was there, and despite the fact that no one person could have been buying without having to declare a stake long ago. I really don't think there is anything to be optimistic about at this point. Paros is no more than a forced seller of only partially patented technology, and a forced seller rarely if ever gets a fair price for whatever asset they are selling. Indeed, potential buyers might simply let the company go bust and then swoop on the administrators, or even let the company be wound up, as the patents might then become quite worthless with the technology passing into the public domain. I don't think the company has behaved particularly well, discussing fundraising for 5 months without any public disclosure, while its finances headed for crisis, and allowing investors to buy and sell unaware of the facts, and I would be sceptical of believing any encouraging remarks which then came from the company. My best guess from this point would be that PARO will survive as a quoted shell with little or no assets, with a share price stuck at a tiny fraction of a penny, until the quote is suspended and the stock is delisted 6 months after that, and that the remaining cash will go on regulatory fees and directors' expenses, I certainly don't see that there is any reason to pile in and buy even more stock, and you can't really compare this to a successful investment in a private company - apart from anything else, a successful business has access to enough money to commercialise its work, which I don't think PARO ever had.
whonosewhy: "they still own 21m shares - which is still quite significant" At current prices that is about £25k. I have been following this board since around Novemeber time and have seen the regular reports of IVO's gradual reduction in their holding. I also read the comments that were attributed to Mr McHugh that IVO had been approached for the shares by the market. What we did not see was any other large investor that has built a large enough stake to warrant it being reported on the back of that. So however you look at it IVO as a major player in the company would have been involved in any discussions which we are now told were going on 5 months ago about the future cashflow of the company and whether they could achieve the stated stratgey. Following that IVO, I imagine, gleefully took the cash from selling most of their shares leaving them with a token gesture amount at risk. What happens now will be the result of the strategic review. I was fairly convinced that at some point this company would run out of money and by saying they are trying to protect remaining cash resources indicates they still have some cash and they are now cutting costs. I repeat that I still believe the technology and the Patents on it are valuable and a positive spin could be that this strategic review is to change emphasis and get commercial activity going now that the Patents are sorted out. Alternatively they could sell the technology which could prove to be more valuable than the current share price. Either way they are stating they need cash or need to control cash or they will not be able to meet their stated objective. Unless of course IVO now use their gains from selling out at a higher price to " buy back in" with a placing to provide essential cash? Maybe they just wanted a lower price to place at?
jaknife: Think you're mad silveraw, it's as plain as the nose on the end of your face that the "strategic review" will lead to a delisting. At first this will depress the share price but ultimately those that don't sell will be unable to and will be left with worthless shares.
longshanks: ArmShare have started covering ParOS: --------------------------- ParOS PLC (PARO) Report updated: 21st December 2007 INTRODUCTION ParOS plc transferred from OFEX to AIM in March 2006 - the closing middle market share price on the day prior to transfer was 3.5p, giving a market cap of £16.5 million. Shortly prior to listing on AIM, ParOS plc (formerly Oak Prospects plc) acquired Parametric Optimization Solutions Ltd (ParOS) for an initial consideration of £5.4 million, paid in shares representing 45.9% of the enlarged share capital, together with deferred consideration of up to £2.7 million. Founded in 2002, ParOS provides energy saving advanced optimisation and control solutions to industry, allowing users to optimise productivity and efficiency of a system or process, without incurring significant additional hardware spend - the technology had been developed over the previous 15 years in conjunction with The Centre for Process Systems Engineering of Imperial College - the technology can be hardwired onto an existing microchip within the system (for retrofit) or onto a new microchip which is then tailor-made for the customer's specific application. At the time of the AIM listing, the following commercial arrangements had been entered into: i) Air Products and Chemicals, Inc. had entered into a 10-year license for ParOS to provide control technology in air separation and other application areas; ii) in collaboration with Lotus Engineering Ltd, as part of a DTI-backed project, ParOS' technologyis being used to assist in the development of a controller for a next-generation "active valve train" or "cam-less" car engine; and iii) in collaboration with FG Europe SA, ParOS' technology is being used to assist in the development of a controller in the next generation air conditioning units, residential and commercial. UPDATES The interim results to June 2006 (comparatives for 6 months to December 2005) showed sales of £9,000 (2005: £nil) and pre-tax loss of £188,000 (2005: £(55,000)). The company reported that a laboratory has been established in Cyprus to build and test prototypes for use with air-conditioning units and hydrogen storage devices. The December 2006 update reported that work had started on a 2-year EU funded CONNECT project worth £120,000 - ParOS is leading the project consortium comprising 3 leading research groups, 5 European SME's and 2 large industrial companies. ParOS will be applying its controllers in a range of different industrial scenarios, including batch polymerisation, combined heat and power production, tile furnaces and plasma reactors for wire manufacture. The March 2007 update reported that an EU patent will be granted for the parametric Model Predictive Control technology - an October update reported that the patent had been granted. The final results to December 2006 (comparatives for 6 months to December 2005) showed sales of £60,000 (2005: £nil) and pre-tax loss of £1.9 million (2005: £55,000) - the results include a charge for impairment of intangible assets and goodwill of £1.2 million (2005: £nil). The company reported that year end cash was £837,000. In June, Tropical SA placed a €25,000 contract for the design of a prototype controller to be fitted to the air conditioning and refrigeration units of small trucks and vans which Tropical SA currently supplies into the European market - the prototype is due for delivery in July 2007. In July, Tropical SA (see above para) placed a €60,000 contract for the development of controllers for hydrogen based electrical power generators of 1kW, 3kW and 5kW. The interim results to June 2007 showed sales of £38,000 (2006: £9,000) and pre-tax loss of £468,000 (2006: £(188,000)). The company reported that period end cash was £613,000. In November, Tropical SA (see June and July 2007) placed a €50,000 contract for the development of a controller for a 1kW reformed gas based fuel cell power generator - 50% 0f the contract is expected to be recognised in 2007, with the balance in 2008. Later in the month, ParOS was appointed as an external consultant to a research programme investigating the performance and behaviour of Multiple Unmanned Aerial Vehicles - the contract is worth £6,000 for the provision of software and £58,000 for consultancy fees over a period of 36 months - Cranfield University and Imperial College will lead the research programme that started in September 2007 funded by a grant from the Engineering and Physical Sciences Research Council. The December update reported that a controller for batch polymerisation has been developed as part of the EU CONNECT project (see December 2006) - the model contains more than 900 variables and 30 dynamic equations, and in tests with competing technology has achieved a more accurate and faster response, especially in the presence of unmodelled disturbances, while meeting the product quality specifications. Research Standing A concept stock with an interesting pedigree out of Imperial College, an overhead structure which currently appears reasonable and generating income from development work, which also serves the purpose of increasing market knowledge. A broker note has been requested.
chancer6: I've built a nice holding of 1.50 million shares now and I will be holding onto until 1 pence where the next big wedge of resistance is at. The price would have been double the current levels on all the recent positive news but for the large buyer lurking around who keeps getting one of the market makers to approach Imperial for stock. I'm sure we will get even more positive news in the coming weeks which will propel the share price towards the 1p level though how long it all takes depends when KBC and the large buyer finish their objectives. Plenty of positives to look forward to: The main aims for the Group in the short to medium term are to; * accelerate the process by which it generates further IP using grants and university networks; * analyse its chosen markets and acquire knowledge and expertise in the application of its IP; * build prototype products with industrial businesses; * participate in the development of products which use the its IP; * enter into partnerships with manufacturers; and * secure consulting projects with companies which supply products that can use its IP. 'the Patent enables ParOS to pursue our intellectual property rights with larger organisations and we expect that this will result in ever closer ties with the users of our technology'. 'The CONNECT project is progressing well. We have built a prototype batch reaction pMPC controller using PSE models. One of our engineers is in Thessaloniki having detailed discussions with the Greek brick factory partner about building a controller for their manufacturing process'. 'As for the Patents we applied in 2002 for European, US and Japanese patents. The European Patent has now been granted and we are getting it confirmed as national patents in UK, France, Germany, Greece, Italy and Switzerland. The US Patent has been through its first stage investigations and we are now ironing out details expecting it to move on to Grant. Similarly, we have heard from Japan that they would like clarification of terms before proceeding on to Grant'.
chancer6: Reply received today from an email I sent: * Copied to Nikos and Phil for information Thank you very much for your e-mail. It is always a pleasure for me to hear from you as one of our loyal shareholders as it is impossible for a small company like us to reach you through the media or analysts reports. Firstly, let me reassure you that everyone at ParOS is working hard to grow the business. We set out our strategy quite fully in the Annual Report. Have you had a copy of this? Whilst we are working on many potential projects it takes a long time for them to mature into sales. As soon as they are a confirmed sale we release the news. You will have seen through the year how we do this. The last release, just last week, was for the Multiple Unmanned Aerial Vehicles research project. Since the announcement that we were granted a European Patent at the end of October the mid market share price is up from 0.23p to 0.36p (+56%). See the link below. I do not think that is a bad recent performance. However, the share price is well down from its flotation price of 2.5p. This is because ParOS has yet to deliver revenues. As for Directors buying shares I think you must have missed the announcement that I bought £100,000 of shares at 0.535p in January. So I certainly have faith in the business. Do write again if I can help with any further questions you may have. Yours sincerely Patrick McHugh Chairman
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