Pnc Telecom (see LSE:TRIC) Share Discussion Threads

[inside2] 22/10/2009 10:11

Well there are now buyers at .09p who obviously don't agree with you Tarvold.

[joosepi] 22/10/2009 09:31

Trades delayed 15 mins
Trade Date Trade Time Price Volume Type Considerations Conditions
22/10/2009 10:03:16 0.09 250,000 O 212.50
22/10/2009 09:17:05 0.09 58,529 O 49.75
22/10/2009 08:30:04 0.07 500,000 O 350.00
22/10/2009 08:29:40 0.05 510,298 O 255.15
22/10/2009 08:12:22 0.07 416,492 O 291.54

[tarvold] 22/10/2009 08:52

Even if PTC get their VAT refund the company will not be worth anymore than it is now. The VAT receiveable is fully recorded in their books, they have negative net assets,a huge amount of convertible debt and have a business that is losing money by the bucketful.
The only sensible thing to do with this company is put it into administration!

[miyk] 22/10/2009 08:08

Wake up ptc!

[miyk] 20/10/2009 20:28

TIM - DREAM AWAY WITH PTC!

[joosepi] 20/10/2009 16:24

Trade Date Trade Time Price Volume Type Considerations Conditions
20/10/2009 16:14:09 0.05 14,913,400 O 7,456.72
20/10/2009 15:58:05 0.07 500,000 O 350.00
20/10/2009 15:39:36 0.07 1,000,000 O 700.00





Just doing there ting!!!!!

[joosepi] 20/10/2009 16:18

traders doing there ting, ryd3r2

[ryd3r2] 20/10/2009 15:00

pnc ramping there own company again !!!!!!

[joosepi] 20/10/2009 13:51

Trade Date Trade Time Price Volume Type Considerations Conditions
20/10/2009 12:40:15 0.07 200,000 NB 140.00
20/10/2009 11:07:02 0.07 500,000 NB 325.00
20/10/2009 10:11:04 0.07 125,000 NB 81.25
19/10/2009 16:22:17 0.08 1,539,170 O 1,231.34
19/10/2009 15:53:58 0.07 200,000 NB 130.00
19/10/2009 15:04:43 0.07 101,557 NB 66.01
19/10/2009 12:18:10 0.04 278,606 O 125.37
19/10/2009 10:05:40 0.04 250,000 NB 100.00
19/10/2009 09:55:00 0.08 50,000 O 40.00
19/10/2009 09:05:15 0.04 150,000 NB 60.00

[devilt] 20/10/2009 12:05

Sounds good Tim, lol.

I could average down but then again I only need to see 0.23p to breakeven, hopefully with those 100% rise you mention that will happen on Friday.

[discoverytim] 20/10/2009 11:53

8.3% up, come on PTC. another 91.7% rise today, then 100% rise day on day till friday and I'll still be behind the 8 ball.

Maybe someone is averaging down????

[devilt] 20/10/2009 11:34

Huge risk = Chance of making huge money.

Even if this managed to get to 0.3p one day, PI's buying in at todays price would get a very good return, even if only £100/£200 invested.

[ryd3r2] 20/10/2009 09:10

i really cant understand why anyone would put there money into pnc, look at all the other companies out there.

[joosepi] 16/10/2009 16:26

trades friday 16/10/09
Trade Date Trade Time Price Volume Type Considerations Conditions
16/10/2009 15:13:51 0.10 450,000 O 450.00
16/10/2009 15:13:42 0.09 450,000 O 405.00

[ryd3r2] 13/10/2009 12:37

do you think pnc will make it on to the ftse 350 next year

[miyk] 12/10/2009 20:38

Share Capital (Pnc Telecom)


TIDMPTC

FOR IMMEDIATE RELEASE 12 October 2009

PNC Telecom PLC

("PNC Telecom" or "the Company")

Share capital

As set out in the annual results for the year ended 31 March 2009 and announced
guys- excuse i did not quite understand the share the news today??

on 30 September 2009, each of the issued and unissued ordinary share capital of
0.1p has been subdivided into one ordinary share of 0.01p and one deferred
share of 0.09p each. An application is being submitted to AIM in respect of the
ordinary shares. The total number of ordinary shares in issue remains unaltered
at 1,274,750,899 ordinary shares.

PNC Telecom Plc

Leo Knifton Tel: [phone]

Beaumont Cornish Limited

Roland Cornish Tel: [phone]

[inside2] 12/10/2009 16:38

ryd3r2. Please read the following article and you will realise why your post is complete nonsense. This is not new as you can see from the date. It is quite clear from previous post from yourself that you are a very learned expert with an intimate knowledge of our Dear Leader but you know very little about VAT in relation to Missing Trader Intra-Community fraud. Enjoy the read.




Mobile phones and computer chips face new VAT rules
OUT-LAW News, 19/03/2007

Mobile phones and computer chips will be subject to a new VAT accounting system from 1st June 2007 in a Government move calculated to tackle VAT fraud. HMRC says the new regime will make it harder for criminals to steal VAT.

Called the 'reverse charge', the measure is part of the Government's wider strategy to tackle Missing Trader Intra-Community (MTIC) fraud. By removing the opportunity to steal VAT on business-to-business transactions the Government says it will prevent VAT fraud in those goods.

MTIC fraud is committed by obtaining VAT registration to acquire goods VAT free from other Member States. The fraudsters then sell on the goods at VAT inclusive prices and disappear without paying over the VAT paid by their customers to the tax authorities.

A variant of MTIC fraud known as carousel fraud occurs when goods that have been imported into the UK are sold through a series of transactions before being re-exported to another EU Member State. They may then be re-imported back into the UK.

The fraud usually involves mobile phones or computer chips.

Paymaster General Dawn Primarolo MP said: "We are targeting the measure at the goods most commonly used in the fraud. This is a proportionate step to safeguard taxpayers' money, and means that businesses can trade in these goods without the risk of getting caught up in the fraud."

Under the reverse charge procedure the supplier of the specified goods does not account for the VAT on their sales when selling to other VAT-registered businesses – instead it is the responsibility of the purchaser of the goods to account for the VAT.

Provided that the purchaser has correctly done so, they can recover this VAT in the normal way. This means that HMRC is not put in a position where it may have to make repayments of VAT where the corresponding tax on the sale has not been paid to it.

HMRC has committed 700 additional staff, and now uses over 1500 staff to identify and tackle carousel fraud and those involved in it.

In recent months HMRC has focused efforts on denying the fraudsters access to the proceeds of their crimes, including through checking VAT repayment claims from those trading in supply chains associated with MTIC fraud. As a result the level of trading associated with attempted fraud has fallen significantly in recent months, according to HMRC.

The Government announced in January 2006 that it had sought a derogation to introduce the reverse charge, and legislation was included in last year's Finance Act, enabling the reverse charge to be implemented on agreement of the derogation.

HMRC will shortly issue detailed guidance and draft legislation.

[ryd3r2] 12/10/2009 15:19

they dont turn over any money so they are not getting a rebate

[william-just] 12/10/2009 12:25

4 years ago.

[miyk] 12/10/2009 10:43

whens the vat rebate due?

[inside2] 11/10/2009 15:10

LOL, that's what I call real research.

[devilt] 11/10/2009 15:06

lol, how did you find out?