Hedgehog100
12 Jan 2016
Re: Intelicrypt Tactical Solutions Ltd. Hi BV/Robspu,Yes, I now can't access the TGL board on LSE either, although I could still do so yesterday afternoon.
Blue Victor
11 Jan 2016
Re: Intelicrypt Tactical Solutions Ltd. Hi HedgeIm robspu from LSE- do you know whats happened to the thread over there? has it been removed because of the delisting?
Hedgehog100
09 Jan 2016
Intelicrypt Tactical Solutions Ltd. Two directors of Touchstone Gold and Touchstone's company secretary have just registered a new company called:INTELICRYPT TACTICAL SOLUTIONS LIMITED[link] on 5 January 2016" - The day after TGL delisted, quite a 'coincidence'."Registered office address 32 St. James'S Street, London, England, SW1A 1HD" - Same address as Touchstone Gold, and Stanhill Merchant Bank.It looks like this could be the new holding company for GOS Systems, for its relisting.And I like the name: more exciting for a share than GOS Systems, and better portrays what the business does.It also better allows for subsequent acquisitions.
Hedgehog100
06 Jan 2016
Re: Relistings at higher share prices GOS systems was originally intending to float in 2013 with a pre-new money valuation of about £22M.:"THE TIMESTapping into the market for securityJuly 15 2013 Nic FildesA company that develops technology designed to tap the phones of terrorists and protect the identity of spies and informants is set to float in London.GOS Systems plans to raise £8 million via a float on AIM that is expected to value the homeland security specialist at about £30 million. Panmure Gordon is acting as broker, with the shares set to start trading in August.The company runs its own telecoms network used by security agencies and the police to protect the identities of field operatives and informants. It also gathers data by tapping phones and monitoring the internet usage of suspects. ...The company has swept up smaller players with great technology but low ambitions and will add Deltenna, a mobile technology specialist, using the funds it raises from the float in a £5 million deal.The company, which is based in London but will operate in Chippenham, Wiltshire, is the brainchild of Peter McKee, its 70-year-old chairman, who previously was head of the AIM-listed TRL Electronics. He said there was a “major gap” in the market for a mid-sized specialist: “The bang for the buck we get here from engineers is incredible compared with the US. The Americans do high-spending stuff, but they’re not that clever.”GOS is still early in its development, with revenue of £3.5 million and operating profit of £300,000."[link] GOS Systems relists with such a valuation, that would equate to a fully-diluted share price of about 2.5p per share, compared to TGL's 0.525p share price at delisting.
Hedgehog100
06 Jan 2016
Relistings at higher share prices Sometimes it's a good thing to be in a share that delists. Because businesses that delist can relist later at a much higher share price. A good example is Direct Network Publishing, which delisted from OFEX in the late 1990s, spent a short period unlisted, and then relisted in a different form at about ten times its share price at delisting. I.e. the holdings of shareholders at the time of the delisting became worth ten times as much at the relisting. "Durlacher a scout for the scary sector Tuesday 20 April 1999 00.58 BST ... Direct Network Publishing. This internet publishing house was listed on the Ofex exchange, but was delisted after buying a telecommuncations company. Plans for a float on a much more substantial market stage, Nasdaq, say, seem to be afoot, and the eventual price tag is likely to shock traditionally minded investors. ..."[link] "The year long love affair Martin Turner is FD at 365 Corporation, an Internet and telecoms company that emphasises its year round commitment to surfers' passions in its name. At £400m market cap, that's a whole lot of love. 29 Mar 2000 ... in 1999. That day was 2 December, when 365 shares first traded on the London Stock Exchange after moving up from Ofex ... the merger between the telecoms business and 365 (then known as Direct Network Publishing) a year ago ..."[link]
Hedgehog100
05 Jan 2016
"04/01/2016 07
0 UKREG AIM Cancellation - Touchstone Gold Limited"The brief 7a.m. TGL RNS yesterday was followed up by a longer one, copied below. Please note the following error: " ... GOS Systems, that had been acquired from administration in November 2015 ... "That should read November 2014.Despite the delisting things are looking positive.The major concern is whether the company can avoid the share being removed from ISAs, by relisting somewhere in sufficient time. "Monday 04 January, 2016 Touchstone Gold Ltd Cancellation from Trading on AIM RNS Number : 7099K Touchstone Gold Limited 04 January 2016 Touchstone Gold Limited ("Touchstone", "TGL" or the "Company"
Cancellation from Trading on AIM On 1 July 2015, the Company's shares were suspended from trading on AIM as a result of the Company not having completed a reverse takeover or substantially implemented the investing policy approved by shareholders within twelve months of becoming an investing company and for not publishing its Report & Accounts for the year ended 31 December 2014 within six months of the year end as required under the AIM Rules. Whilst Touchstone has continued to support and develop the intellectual property rights and businesses that constitute GOS Systems, that had been acquired from administration in November 2015, it has still not been possible to complete a reverse takeover, or otherwise substantially to implement its investing policy in accordance with AIM Rule 15 nor has it published its Report & Accounts for the year ended 31 December 2014 or its interim results for the six months ended 30 June 2015. Accordingly, under AIM Rule 41 the Company's admission to AIM was cancelled at 7 a.m. on 4 January 2016. Following the cancellation from trading on AIM, Touchstone Gold Limited's ordinary shares will be transferrable by way of stock transfer form but there will be no price setting or dealing facility made available by the Company to shareholders. The Company will continue to develop and build the operating businesses that it owns and the directors will keep shareholders informed of developments by way of notices on the Company's website, www.touchstonegold.com, and via direct communication where appropriate. For further information please contact: Touchstone Gold Limited Franz Forrester Tel: +44 20 3301 9341 finnCap Ltd Ed Frisby / Simon Hicks Tel: +44 20 7220 0500 Peterhouse Corporate Finance Limited Lucy Williams Tel: +44 20 7469 0936 This information is provided by RNS The company news service from the London Stock Exchange END MSCUSSRRNAAARAR"[link]
Ray_the_Bold
17 Dec 2015
Re: yes , but
whitelabel
17 Dec 2015
Re: yes , but Rodgered i believe.
Ray_the_Bold
17 Dec 2015
Re: yes , but The guys that have spoken with the company over the phone have said that they want to de-list TGL due to various tax problems in Canada, and then come back to the market with a new listing and a fresh start for GOS. Where would that leave us then, the old TGL investors. we do own GOS after all. Does this make any sense to anyone....anyone at all?
robbed cruiso
17 Dec 2015
yes , but Why cant they just finnish these damn accounts, and let us have what we deserve and have waited for....... ? I mean what on earth have the directors/managers bein doing for the whole of 6 months , will it be happy xmas....
Ray_the_Bold
17 Dec 2015
Re: One week to go was just thinking, can they release the results and update the market before 31st Dec with a view to re-listing in January? I mean, could they earn themselves some extra time like that? So I'm thinking, results for TGL 31-12-15 & fulfilling the investment criteria for an RTO, then re-listing say end January 2016.I notice that over on LSE and ADVFN, having read the boards for a while, that there seem to be a fair few PI's that remain positive, along with Hedgehog who is always OTT positive of course.
whitelabel
17 Dec 2015
Re: One week to go It's impossible to know but I really don't see any other outcome as the BOD are silent and why would they cut it this fine if they were trying to carry on. They only have to release some accounts. My guess is these accounts don't match what they have said they should and it is just another AIM shark encounter. I am sure they have positioned themselves to be fine going forwards.Happy to be proved wrong but I seriously doubt it now.
Ray_the_Bold
16 Dec 2015
Re: One week to go So do you think that we have come to the end of the road then whitelabel?I dont get it though, we have some big investors in TGL that made the investment in GOS and pumped decent money into the company, also new contracts won and exclusive rights to CQCL products next year, plus our own investment into CQCL. To whos advantage will it be for TGL to simply de-list? Makes no sense whatsoever to me whats been going on here.regardsRay
whitelabel
16 Dec 2015
One week to go until all of the shareholder's money goes up in a puff of smoke and no doubt the BOD try to get the next investment under a new name.Happy Christmas.
Hedgehog100
09 Dec 2015
Re: Google Q.C. News Coming 8 December "Google quantum computer is now 100m times faster than yoursby Colm Gorey 2 hours ago As you read this, you can rest easy, safe in the knowledge that the Google quantum computer, the D-Wave 2X, is now 100m-times faster at doing anything your conventional computer could ever do.The Google quantum computer is a melding of some of the brightest minds in Google, NASA and the leading quantum computer producer D-Wave Systems and has now been fine-tuned to achieve computational power that has never been seen before by researchers.Aside from having a cool name, the quantum computer is the next evolutionary stage of computing, with the key to its power being the quantum bit, or qubit.Rather than using conventional bits seen in the computers and phones we use in our everyday lives, which work off the binary system of ones and zeroes, a quantum bit has the added ability to be a one, zero or both.With this, its ability to speed through problem solving is simply unmatched when compared to conventional binary computers.Announcing the news in a blog post, Google’s Quantum Artificial Intelligence Lab announced that it has published a paper detailing how the D-Wave Systems quantum computer it is using is now 100m times faster than conventional computers.A long, long way to goTo track this, the Google researchers compared its quantum testing method – quantum annealing – with that of standard computational testing called simulated annealing.“We found that for problem instances involving nearly 1000 binary variables, quantum annealing significantly outperforms its classical counterpart, simulated annealing,” the post said. “It is more than 108 times faster than simulated annealing running on a single core.”Of course, as is the case with such advanced, mind-boggling technology, it’s early days yet, with the Google researchers saying “there is more work ahead to turn quantum enhanced optimisation into a practical technology.”The researchers did, however, lay out what they want to achieve in the coming years.“We would like to increase the density and control precision of the connections between the qubits as well as their coherence,” the post said. “Another enhancement we wish to engineer is to support the representation not only of quadratic optimisation, but of higher order optimisation as well.”Basically, don’t expect to have a quantum computer in the home anytime soon, but in the last two years there have been noticeable achievements made, such as last year, when two separate teams achieved a quantum computing accuracy reading of 99pc."[link]
