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ZIP Zone-Ip

1.25
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Zone-Ip LSE:ZIP London Ordinary Share IL0010926595 ORD ILS0.01 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.25 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.25 GBX

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Zone-ip (ZIP) Top Chat Posts

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Posted at 29/6/2007 14:49 by eenmakkie
something is cooking at ZIP
Posted at 26/6/2007 09:13 by britishbear
How they got in at such a low price is something to ponder.
Posted at 18/6/2007 09:26 by eenmakkie
why the low price

they can give them self now options at a low execute price without of paying taxes on it.
Posted at 19/2/2007 20:06 by par12
Orca and ADA I think will come good; but yep ZIP and VDI is both a question mark; With this as the largest;

I hope

1) Orca first then I will put the profits into ADA
2) ADA is next, then all those profits into VDI
3) VDI goes then I am not sure if its time to call it a day

as ZIP I have lost all confidence with
Posted at 19/2/2007 19:50 by eenmakkie
Yes we are stuck in here!!!!

So PAR12 you also got this share?

Looks like at the moment ORCA is the only "one" with hopes for the near future to make any gains and oportunity to stepp out.

ADA will be some months of patience and ZIP???????
Posted at 28/1/2007 22:26 by eenmakkie
RNS Number:4735H
Zone-IP Limited
09 August 2006


For immediate release

9 August 2006

Zone-IP Ltd
("Zone-IP" or the "Company")

Additional Listing

Further to the announcement made on 12 July 2006, an additional 3,222,094
ordinary shares have been allotted, to certain of the vendors of Emblaze V CON
Ltd., the issue of which is conditional on admission. The shares have been
allotted to the vendors following the delivery to the Company of the vendor's
exemptions from the Israeli withholding tax. Application will be made for the
3,222,094 ordinary shares of NIS 0.01 each to be admitted to trading on the AIM
Market. It is expected that admission to AIM will become effective and dealings
in such ordinary shares will commence on 16 August 2006.

Following the issue of these shares there will be 51,120,253 ordinary shares in
issue.

Following the above issue of ordinary shares Emblaze Ltd's holdings of
33,164,265 ordinary shares in the Company shall be equivalent to 64.88 per cent.
of the enlarged issued share capital of the Company.
Posted at 28/1/2007 21:36 by eenmakkie
by



eenmakkie - 5 Jun'06 - 18:48 - 812 of 828
Ki-Bi, we barely knew ye

But that was then and meanwhile, last week Reifman pulled off a creative financial move, completing the takeover of a company called Ki-Bi Mobile Technologies.

It was a year ago that Ki-Bi, an Israeli company, floated on London's AIM market, and by now its whole story has changed.

Under Reifman's direction, the company has undergone a complete makeover. It has a new owner, new employees, new operations and even a new name.

Originally Ki-Bi Mobile Technologies, which had been founded all of four years ago, was working on the development of a electronic content cards for cellphones. The Emblaze group is by and large devoted to various aspects of cellular technology and communications.

But Ki-Bi didn't really take off, its results were pathetic and the London crowd sent its stock dropping by tens of percent.

Emblaze noticed and took advantage of the drop. After the offering it had owned 10% of Ki-Bi: as the share price plunged, it bought and bought. By February 2006 it owned 30%.

At this stage, Ki-Bi's CEO, Ehud Levy, and two of its external directors, quit, and it became evident that Reifman was cooking up a cut and paste - buy the company and shovel one of Emblaze's operations into it.

Indeed, in recent months Ki-Bi basically stopped functioning. The mood in its corridors was doom and it was only a question of time until it ceased to exist, at least as was.

At the end of last week, Emblaze announced that the deed was done: Ki-Bi had bought the operations of Emblaze-VCON, one of the Emblaze units, and had fired almost all the Ki-Bi staff.

Isn't math fun

Now let's look at some surprising figures. In August 2005, Emblaze bought VCON for $1.6 million. Certain VCON shareholders, the Pitango and Index venture capital funds, received 30% of the company, which had been merged with an Emblaze unit.

Now, according to Ki-Bi's announcement from last week, Ki-Bi has bought the merged VCON-Emblaze unit for no less than $20 million. How wondrous! In less than a year, Emblaze-VCON?s value climbed tenfold.

"Since the acquisition, Emblaze has invested $5 million in VCON," the company said. "An external company evaluated Emblaz-VCON at about $20 million but ultimately it was sold according to a value of $15 million."

The purchase had been effected using shares. Now Ki-Bi (or in its new name, Zone-IP) owns 100% of Emblaze-VCON, in exchange for which the Emblaze-VCON shareholders received 60% of Ki-Bi.

Yes: the move majorly diluted the Ki-Bi shareholders, who now own 40% instead of 100%, and brought Emblaze to a probably not-coincidental 51% holding - which is exactly what it needs to consolidate financial statements and cash.

One may assume that Emblaze will post capital gains from the sale, too.

Emblaze commented that it was an insider transaction and that capital gains are minor, if there are any at all.

Grumbles in the background

It turns out however that some of the Ki-Bi shareholders, including private Israeli ones, are not amused. Ki-Bi had been trading in London at a valuation of $12 million and they have criticism about the deal.

They seem unconvinced that Zone-IP is a better company with operations worth $20 million (or $15 million). How do we know they are unpersuaded? The Zone-IP share price sank 20% in the space of two days, that's how.

Since Ki-Bi went public in April 2005, it has lost 70% of its value.

Another interesting tidbit is that the British investment bank of Collins Stewart, which had underwritten the Ki-Bi initial public offering, didn't take part in this latest move. Instead Reifman hired a little underwriter called John East & Partners.

A source near the reverse takeover, in which wee Ki-Bi bought Emblaze-VCON, said that Collins Stewart thought Emblaze-VCON was priced too high, and didn't want any part of the deal. Another source said that Collins Stewart priced its own services too high.

The transaction remains subject to the approval of shareholders at an assembly scheduled for July 12.
Posted at 28/1/2007 21:20 by eenmakkie
by

roodboy - 9 Feb'06 - 09:42 - 700 of 828


exactly - does anyone actually know whats going on here? i guess we are trapped in the middle of an israeli style hostile takeover

RNS Number:0736Y
Emblaze Ltd
07 February 2006


Tender Offer Update


Tuesday, 7 February 2006 - Emblaze Ltd. (LSE: BLZ) ("Emblaze") today announced
that the tender offer commenced by Emblaze on 17 January 2006 for the purchase
of five per cent. of the issued and outstanding shares of Ki-Bi Mobile
Technologies Ltd. (AIM: KIB) ("Ki-Bi") expired today at 3:00 pm London time.
Upon such expiration, an aggregate of 6,167,924 of the issued and outstanding
Ki-Bi ordinary shares (approximately 30.2 per cent. of the issued and
outstanding Ki-Bi shares) were validly tendered, with no shareholders indicating
that they do not accept the tender offer.

In accordance with Israeli law, the tender offer has been accepted and therefore
the Ki-Bi shareholders that have not validly tendered their Ki-Bi shares may
tender their Ki-Bi shares until 3:00 pm London time on 11 February 2006, on and
subject to the terms and conditions set forth in the tender offer documents.

Upon consummation of the tender offer, Emblaze will increase its holdings in
Ki-Bi from approximately 24.95 per cent. to approximately 29.95 per cent.
Emblaze will purchase an aggregate of five per cent. of the Ki-Bi issued and
outstanding shares from the shareholders that shall have validly tendered their
shares by 3:00 pm London time on 11 February 2006, in pro rata portions to the
amounts of Ki-Bi shares validly tendered by such shareholders prior to such
time. Emblaze will pay 41 Pence for each Ki-Bi share validly tendered and
accepted by Emblaze, with the total amount paid by Emblaze for such shares
expected to be approximately #418,100.



This information is provided by RNS
Posted at 17/1/2007 17:30 by hugepants
Does anyone know what assets the video conferencing business had when it was acquired? I cant see any note of the assets acquired in the acquisition RNS. And the latest results (interims) are for KI-BI.

The share price has dropped a hell of a lot since the acquisition. Then again this is an Emblaze company. So it goes only 1 way, NOT UP. I reckon most holders of anything to do with Emblaze (ADA, ORCA, ZIP, VDI) have either hanged themselves or been committed to a lunatic asylum.
Posted at 11/12/2006 13:54 by eenmakkie
AIM investigations in the reverse takeover by Vcon (Emblaze) and the not publisching of the financial transaction Ki-Bi card technologie?
True or not true?

True? We maybe get our 0,34 £ pre reverse takeover share price from Emblaze back?

Spiral Solutions Acquires Ki-Bi Card Mobile Content Distribution Technology
Wednesday October 18, 7:29 am ET
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