Australian (ASX) Stock Market Forum

MBI - Mobi Limited

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Does anyone know the fully diluted MC of MBI? I have $12.3 million @ 0.007 as per last Appendix 3b in Dec 06.

I can't find anything more recent and am aware there have been a few cap raisings since.

Thanks
 
Parag0n said:
Did some searching and found a few articles about MBI and the recent company announcements, looks pretty good.

http://www.itwire.com/content/view/14212/127/

http://www.insideretailing.com.au/articles-page.aspx?articleType=ArticleView&articleId=1234
Click to expand...


An understatement. I think we are in early on something good here. Thought it worth posting part of your references Para..




Crazy John's will be responsible for all sales and marketing and MobiData for providing all technology integration, customisation and new product development, as well as its existing product portfolio. MobiData will retain all its intellectual property and will have the exclusive rights to sell any and all new products to other markets internationally.

MobiData presently offers a range of downloadable applications which are available for sale via download by end users from its website. http://www.mobipowered.com/ The range presently comprises:

- MobiChat: a free mobile instant messaging application that offers interoperability between fixed IM (services including MSN Messenger, Yahoo Messenger and AIM;

- MobiPod: a remote backup service for a phone's contact database. It also provides a web interface that enables users to edit their backed-up contacts from a PC.

- MobiGuard: an application which enables a handset to be locked down and disabled simply by sending an SMS to it. It can later be unlocked with another SMS or by entering a code;

- MobiAntiVirus: virus protection application for Symbian Series 60 handsets;

- MobiSMS: an SMS management facility which enables messages to be filtered according to content, or blacklisted.

The company claims these applications are the culmination of more than six years R&D. it has software engineering centres in Brisbane, Australia and Delh, exclusive reseller and partner agreement with India’s largest mobile distributor with 32,000 outlets in India and distribution in North America, Scandinavia and SE Asia.
 
Wow. Its been a quiet day so far for MBI, but a 38 million share (more than $270k) buy just took out all the 0.007c shares. Someone is serious about this stock.
 
finnsk said:
New IPO floating in september doing similar things as MBI what impact will datasquirt have at MBI they will float at $0.90 http://www.datasquirt.com/
Click to expand...

While that company has good prospective partners it does have a severe lack of contracts for actual revenue.

Also somebody almost bought 40 million at 0.7c today... goes down well with the 30 million purchase at 0.9.... quite big chomps, possibility of institutional investing.
 
MBI in pre-open on ann, preliminary report. They sound very excited and pleased with themselves ("we as a board could not be more pleased with where your company is") and report $5.3M cash from high net worth investors, instos, yadda yadda.
 
what happened to MBI guys?

on commsec it says invalid stock code and when i look for it on ASX.com.au it doesn't show up

do they do this when they consolidate shares?
 
Here it is

ASX Release September 19, 2007 Mobi Limited ACN 009 805 298 (ASX:MBI) Demerger of mobile application business Melbourne, Australia
• Demerger of MobiData-Group Pty Ltd by way of distribution in specie of shares to Mobi Ltd shareholders in new proposed ASX listing with free attaching option
• Expansion of Exclusive Crazy John’s deal to now be global and to include Indian deal
• Crazy John’s to receive $1.5 m of shares in demerged entity (representing 10% of the demerged entity) in exchange for spending $1.5m for further global development of the MobiData-Group products
• MobiData-Group Pty Ltd revenue split increases from 30% to 40%
• Crazy John’s to appoint two Directors to proposed demerged ASX entity.
• Intent to build single purpose publicly traded entity in partnership with Crazy John’s corporate, development and sales team with global reach. The Board of Directors has pleasure in announcing the Company’s intent to demerge MobiData-Group Pty Ltd, its 100% wholly owned subsidiary, by way of distribution in specie to shareholders. The demerged entity will have a separate listing on the ASX. Shareholders will receive shares distributed to them in specie in the demerged listed entity, and they will also receive a free attaching option to subscribe for further shares, at an as yet to be set price and terms thereto. We shall advise the market of these precisely at an appropriate future date. Shares will be distributed to shareholders pro rata to their shareholding in Mobi Limited. The Record date for this demerger will be October 5, 2007. This demerger will be subject to Taxation, ASIC, ASX, regulatory and shareholder approvals. It is anticipated that this demerger will occur within 120 days of this Release. John Ilhan, Founder and CEO of Crazy John’s said, “We had already attested to our belief in the MobiData-Group platform and applications by committing to the joint venture. Upon reflection we wanted to expand the deal to take in the Globe as we believe that with Crazy John’s expertise we can drive a significant commercial outcome.” He added, “Our interests are now further aligned by becoming a 10%
 
chicken8 said:
so what does this mean regarding the current shareholders and their shares?

do they no longer exist or what?
Click to expand...

As above, bolding for effect ...

Intent to build single purpose publicly traded entity in partnership with Crazy John’s corporate, development and sales team with global reach. The Board of Directors has pleasure in announcing the Company’s intent to demerge MobiData-Group Pty Ltd, its 100% wholly owned subsidiary, by way of distribution in specie to shareholders. The demerged entity will have a separate listing on the ASX. Shareholders will receive shares distributed to them in specie in the demerged listed entity, and they will also receive a free attaching option to subscribe for further shares, at an as yet to be set price and terms thereto. We shall advise the market of these precisely at an appropriate future date. Shares will be distributed to shareholders pro rata to their shareholding in Mobi Limited. The Record date for this demerger will be October 5, 2007
Click to expand...

In other words, relax, it's all good.

I got in with a small parcel just before it happened ...
 
Got in at 0.007, sold at 0.009 and rebought at 0.007, now the long wait!:)
Good potential here in terms of economic fundamentals.
 
sorry i was away, just got bac

so what did it close at? before it was taken down from asx, also did i miss the fun? thanks
 
it closed at 0.5c

very disappointing. now the long wait to see what happens, and how many shares and options we get
 
chicken8 said:
it closed at 0.5c

very disappointing. now the long wait to see what happens, and how many shares and options we get
Click to expand...

I think it was market manipulation though, ie millions of shares just dumped, potentially it could have risen a bit more:2twocents
 
My Yahoo "Stockticker" stock watcher says that MBI has gone up 8% today to 13c, but my e-trade stock monitor of stocks I own still thinks its worthless.

So who is trading this stock and how? Can someone explain what I am missing here?
 
nahman said:
confused and wondering when im going to get shares issued in the new mobi.. :banghead:



//edit

been given the shares now... YAY!
Click to expand...

what shares? whats the company code? how many shares? whats the share price?

how do i check if i got them?
 

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