Warthog Share Discussion Threads

[stephan1] 12/5/2008 08:28

300808 or anyone else

What would that mean to holders of whog

[300808] 12/5/2008 02:17

Gizmodo.com - USA
Not only is Gizmondo coming back, Carl Freer says you can expect to see a new version of the handheld console by the end of the year-this time without the ...
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[dell314] 29/4/2008 11:27

Why would anyone give this lot more cash?
They've had nearly a year and a half as a shell and achieved nothing. What difference is more cash going to make, apart from paying execs for a few more months of achieving zero(and perhaps paying Acorn for corporate services, so they get their investment back)? It's quite hard to understand why Acorn haven't managed to come up with anything when that is their line of business.

Rgds
dell

All IMHO, DYOR etc.

P.S. Did Tiger ever manage to resurrect itself?

[flannyblue] 25/4/2008 17:53

Is something lined up but maybe they need longer to complete? Either way with the consolidation my shares are still virtually worthless !

[mrphil] 25/4/2008 17:37

Received the letter this morning. In two minds really, can't see that £400K is going to do too much other than keep their salaries paid for a while longer.

"The Company will then use the funds gained from the Consolidation and Open Offer to actively pursue an acquisition." - Isn't that what they have been doing all this time?

If they had got that close to a real deal and cash had been a stumbling block, then surely we would have heard all about it - ie agree to a deal on the condition an "offer for subscription" to existing WHOG shareholders is successful. Not convinced I want to part with any more money here.

[tonyx] 25/4/2008 16:42

Following the company's suspension from AIM on 12th November 2007 the company will have the AIM market facility withdrawn on the 12th May 2008.
Following this the company have announced proposals to implement a 1 for 1,000 stock split which would be run in conjunction with a offer for subscription of new ordinary shares with the objective of raising GBP400, 000.
Once the funds have been raised the company will then use the cash to actively pursue an acquisition, if the company successfully acquires a company it will then seek to have the shares traded on the PLUS market.
If there is insufficient support for the proposals and for the offer for subscription the Directors will take steps to wind up the company's affairs.
In this case the directors have said it is unlike any distributions will be made to shareholders.

[alby220] 25/4/2008 16:31

i did not recieve that either

[danwaits] 25/4/2008 14:27

I didn't get a letter either.

Sorry if I appear a bit thick (holding WHOG, I guess that's indisputable) but can someone explain this to me. Are they really asking us to invest further funds to keep them on salary?

[sbranch] 25/4/2008 12:38

Any thoughts out there on:

"
The Company is also proposing a Consolidation and Open Offer whereby 1000 Existing Ordinary shares of GBP0.01 will be consolidated into 1 New Ordinary share of GBP0.01 and 1 Deferred Ordinary share of GBP9.99. The last traded price of the Warthog shares was GBP0.03. Using this valuation would give the New Ordinary shares a value of GBP0.30.

The Open Offer, giving shareholders the opportunity to subscribe for new Ordinary shares at a price of GBP0.10, would allow the Company to raise not less than GBP400,000.

The Company will then use the funds gained from the Consolidation and Open Offer to actively pursue an acquisition. Following the completion of an acquisition, Warthog will seek to have its shares traded on the PLUS market. The Company believes this will provide a cost effective way to enable shareholders to recommence trading in the Company's shares.

At present we have no indication as to whether the proposed Consolidation and Open Offer will be implemented."

Is there a bit of light at the end of this very long dark tunnel!!

[alby220] 25/4/2008 08:34

i did not think it was a "glitch" it was listed on the stock exchange whog buy.sel chart as well, Who would want to buy WHOG shares back especially now???

[garykc] 24/4/2008 22:09

I didn't, what did it say apart from ha ha ha ha.

[thailand] 24/4/2008 21:09

yesterday,ripped it up and was collected by binmen this morning

[timely] 24/4/2008 21:07

Anyone had a letter today proposing a way forward?

[alby220] 24/4/2008 16:25

Whog got a sale on my monitor at 12.58 .30 1.2 mil any ideas???

[lord santafe] 23/4/2008 10:44

No wonder Sportster gave up on shares, since look at WHOG now. That saids it all.

I hear he is now running some massive Ebay company, and keeping away from the stocks.

[abrada] 22/4/2008 15:20

www.youtube.com/watch?v=jNBNqUdqm1E

[garykc] 02/4/2008 08:09

.............One month to go...............Tick tock.

[garykc] 26/3/2008 08:28

The end is nigh!!!!

[flannyblue] 12/3/2008 23:01

But that was our website address until being taken over. Maybe they sold it on, it was encouraging at first as it was games related but yeah, shock over :)

[stephan1] 12/3/2008 10:32

Domain name:
warthog.co.uk

Registrant:
Mr Denys Ostashko

Registrant type:
UK Individual

Registrant's address:
PO BOX 52483
London
NW3 9DN
GB

Registrar:
Mr Denys Ostashko [Tag = OSTASHKO]
URL:

Relevant dates:
Registered on: 27-Jun-2007
Renewal date: 27-Jun-2009
Last updated: 29-Jul-2007


In response to the above I would be suprised if this is anything to do with our hog

Steph