Servision Share Discussion Threads

[cautoussid] 22/2/2017 12:44

Under the terms of the subscription, Cascade has subscribed for 14,089,084 Subscription Shares in two tranches. $1.0 million is to be transferred in five business days, on receipt of which SerVision will issue 7,044,542 Subscription Shares to Cascade at the Issue Price. The second tranche of $1.0 million is to be transferred by Cascade in 90 days' time, on receipt of which the Company will issue a further 7,044,542 Subscription Shares to Cascade at the Issue Price.

[cautoussid] 22/2/2017 12:36

looking at current buys coming in ,nice buying building up again ,mms may have a busy afternoon

[cautoussid] 22/2/2017 12:15

nice red buys coming through like how mms moved up

[cautoussid] 22/2/2017 12:02

at 7p may see more sellers cleared like to see this at each level

[tel11] 22/2/2017 12:00

Tree shake is over,

[cautoussid] 22/2/2017 11:58

6,50 PAID , WILL A MOVE UP TO 7 BE SEEN THIS TIME

[cautoussid] 22/2/2017 11:57

NICE BUYING PRESSURE AGAIN ,
ARE SOME THINKING OF BUYING NOW IF MORE OF A MOVE UP WITH SHARE PRICE THIS AFTERNOON

[thehitman1] 22/2/2017 11:55

LOL, yeah sure BP.

[barnetpeter] 22/2/2017 11:46

yes...I bought these at 3p in 2015 and they have never been at that level since. Tempted to sell them all and grab an unexpected profit but the rns is interesting! So I have kept some. But I guess some long termers like me will check their account later or tomorrow morning and dive out.


In addition to the $2 million subscription, Cascade have been granted an option to invest up to a further $4.0 million, in two equal tranches, at the same Company valuation (the "Options"). The first option period runs until 20 October 2017, with an option price per share of approximately 10.2p per share, and the second option period runs until 29 September 2018, with an option price per share of approximately 9.3p per share. The Options are conditional upon shareholder approval, as set out below.

[cautoussid] 22/2/2017 11:40

Craig Flashner, a Director of Cascade, said, "We are very pleased to be investing in SerVision. The worldwide mobile DVR market is growing dramatically and we believe that SerVision has superior technology in this market. In addition, we believe there is significant potential in their relationship with Mobileye, which opens access to their customers worldwide."

[cautoussid] 22/2/2017 11:39

Cascade is a fund set up by a small group of private investors, based in New York, who focus on the healthcare, biotechnology and technology sectors.

[cautoussid] 22/2/2017 11:33

SerVision AIM: (SEV), a leader in mobile live video streaming over wireless and cellular networks, is pleased to announce that it has secured $2 million of new capital from Cascade SVP, LLC ("Cascade"), a US based investment fund (the "Subscription"). Cascade has agreed to subscribe for 14,089,084 ordinary shares of 1p each in the capital of the Company (the "Subscription Shares") at a price of approximately 11.4 pence per Subscription Share ("Issue Price"), which is a significant premium to the closing mid-market price on 21 February 2017 and which values the Company at approximately £14.4 million.

[saturn5] 22/2/2017 11:30

I would not jump in just yet

sellers bound to arrive

[cautoussid] 22/2/2017 11:28

can now get buy quote again at this price also now some more buys going through again

[cautoussid] 22/2/2017 11:18

not as easy to get buy price , dont like to see nt being used for buying or selling , my way of dealing with nt is to wait ,if buying or selling others may have their own opinions on nt ,are Mms running low on available shares if NT is used

[cautoussid] 22/2/2017 11:12

bought some more shares , did not expect to get buying again at this share price

[cautoussid] 22/2/2017 10:55

tree share not produced as many sellers this time ,now buyers picking up shares again

[cautoussid] 22/2/2017 10:52

is that the sellers cleared now looking like more buyers starting to load up again

[potential] 22/2/2017 10:36

11p placing wow!! Why would you sell at this price..!!!

[ny boy] 22/2/2017 10:23

This type of announcement is what I expect to come out of (CYAN)too, a lot of growing tiddlers than can do very well in this environment and attract overseas interest. Just looking around of a few other tiddlers that can grow to provide substantive gains over time.

[cautoussid] 22/2/2017 10:22

some selling at around 6,25 , now some who sold at lower share prices may be thinking if only they had held longer

[babbler] 22/2/2017 10:15

Also mentioned takeover in rns... In a subtle way... Under terms...

[sh1984] 22/2/2017 10:05

It's about to break through 6.70p....