Gold or Silver
26 Apr 2017
Re: Breakout Perhaps.Our time has arrived.Good luck AllAnd May
Gold or Silver
21 Apr 2017
Re: Breakout It`s a long way to Tipperary .The wait for action continues unabated.And May
Gold or Silver
04 Aug 2015
Breakout Starting to look a little interesting . Good luck John et a
Gold or Silver
12 Jan 2015
Re: Of No Interest Jackson Vaughn Public Strategies for Enova International, Inc.Date received: Dec. 30, 2014Issues: Financial Institutions/Investments/SecuritiesSpecific issue: Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203); Consumer Financial Protection Bureau (CFPB); H.R.4986, End Operation Choke Point Act of 2014; Military Lending Act (MLA).Lobbyists: Jackson, Mary L See original filing
Gold or Silver
12 Jan 2015
Of No Interest [link] Vaughn Public Strategies: Enova Internationa
Gold or Silver
11 Dec 2014
Daniel Stewart Daniel Stewart Securities, the London Stock Exchange’s nominated adviser to 27 companies on the Alternative Investment Market, has had its shares suspended because it missed a regulatory deadline for filing its accounts.Shares in the company, which appointed PwC as its new auditor in June, were frozen at 0.35p, having fallen 6 per cent over the course of the year.Brokers that act as nominated advisers are charged with ensuring quoted clients communicate properly and in a timely manner to the market – so it is unusual for them to fail to publish their accounts in time.The LSE, which oversees Aim, insists that if this happens to any kind of Aim-quoted company, it must suspend trading in their shares.Daniel Stewart’s last published financial statement was nine months ago on Christmas Eve 2013, when it unveiled a 16 per cent drop in half-year revenues, a cash outflow of £691,000 and pre-tax losses of £982,000, against £998,000 the year before. Its pre-tax loss in the full-year to March 2013 was £3.1m.Unlike some of its peers, which have recovered strongly in the past two years, Daniel Stewart has seen its client base dwindle from 60 companies in 2011 to about 30 now. In December, it reported its client list had dropped to 33 in total from 41 six months previously.Daniel Stewart declined to comment on its share suspension. However, a person familiar with the situation said: “The company is . . . waiting on the completion and provision of certain processes and additional information to complete the audit, then the results will be published which should only take a few days.”Also on Wednesday, rival broker Numis Corp issued an update outlining a 19 per cent rise in its revenues in the year to September. The second half was a little down on the same period last year, on the back of lower market volumes, the Aim-quoted broker said. However, Numis’ client list has grown to 171 companies, up 15 on the year before, and it now acts as a nominated adviser or nomad to 47 companies on Aim.According to figures from the London Stock Exchange, which sets the rules and oversees the junior market, Daniel Stewart currently acts as nomad to 27 Aim-quoted companies, including strife-torn Rangers International Football Club, making it a midsized Aim-market broker.In June, PwC was appointed to audit the company’s results, replacing Keelings in Hertfordshire, which was its auditor for 15 years. A month later, Daniel Stewart said in a trading update that its losses had narrowed in the year to March on the back of improving stock market sentiment.Despite this, though, Daniel Stewart revealed on Wednesday that it had failed to meet the September 30 deadline for publishing full-year results to March.The company is one of at least four on Aim to have its shares suspended for this reason. The LSE says the majority of such suspensions are temporary. Daniel Stewart has until March to file accounts before the share suspension becomes permanent.LONDON (Alliance News) - Enova Systems Inc, Pressfit Holdings PLC, and PeerTV PLC Thursday said their shares are set to be suspended on Monday, after they all lost Daniel Stewart & Co PLC as their nominated adviser and said they were unlikely to be able to appoint a new adviser in time to prevent their shares being suspended. ENV PFIT & PTVUnder AIM rules, all companies must have a nominated adviser, or nomad, for their shares to be allowed to trade.All three companies said they'd noted an announcement on November 28 by Daniel Stewart Securities PLC that Daniel Stewart & Co will cease to be a nominated adviser from the close of business on Friday December 12.Enova and Pressfit said they were unlikely to be able to appoint a new adviser by that time, and hence their shares will be suspended at 0730 GMT on Monday, before the market opens. PeerTV said it is in talks with a potential new nomad, but if it can't make an appointment by the close of
Gold or Silver
20 Nov 2014
Yawn Enova Systems Inc, the maker of electric drive systems for trucks and buses, Thursday said its net loss narrowed in the third quarter as it cut costs, but it again reported no revenue.Back in August, Enova reported no revenue for the first-half of the year due to a lack of demand for its products, but cut its losses significantly by laying off 80% of its workforce.The company has cited continued delays in industry adoption of electric vehicle technology resulting from ongoing battery cost and reliability concerns, as the reason why it isn't making any revenue.It posted a net loss of USD107,000 for the third quarter to end-September, compared with a USD1.4 million loss a year earlier, even though it booked no revenue compared with the USD140,000 it generated in the same quarter last year.Enova has incurred significant operating losses in the past, and incurred recurring net losses and negative cash flows from operations.At September 30, the company had an accumulated deficit of USD162.7 million, no cash and cash equivalents, working capital of approximately negative USD3.1 million and a shareholders' deficit of approximately USD5.8 million."Until the company can generate significant cash from its operations, the company expects to continue to fund its operations with existing cash resources, proceeds from one or more private placement agreements, as well as potentially through debt financing or the sale of equity securities. However, the company may not be successful in obtaining additional funding," the company again warned in Thursday's statement.The company said it continues to pursue other options to raise additional capital to fund its operations."The company cannot be sure that its existing cash and investment resources will be adequate or that additional financing will be available when needed or that, if available, financing will be obtained on terms favourable to the company or its stockholders," it added.Enova Systems shares were untraded Thursday morning at 3.60 pence.
