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> happydays


Joined: 05 Aug 2006
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Post Thu Aug 06, 2009 1:08 pm   Reply with quote      



In House plc DECISION - ACQUISITION - FRUITION

A team of professional property people with commercial vision and dynamic flare increasing our shareholder value through hard work and educated foresight.

I have been holding In House plc shares for some time I missed the last Up profit curve as I was away on business, and I forgot to place a selling order, IHGP shares have traded down today to 0.02p the last time that happened the low share price opened Up a buying window. .. At IHGP John Ferree holds a total of 12,000,000 Ordinary Shares or 0.28% of the company issued share capital, this offers comforted for my own holdings.. Is this an income waiting to be made?.



> happydays


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Posts: 212

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Post Thu Aug 06, 2009 1:18 pm   Reply with quote      



The issue of equity at a discounted price is the reason for the marking down of In House plc share price.. A buying opportunity is on offer..

IN HOUSE GROUP PLC ISSUE OF EQUITY

The Company announces that, today, further to the announcement made on 3 July
2009 the Company has received a second tranche on the placing of 27,000 and
hence has issued 385,714,285 Ordinary Shares at 0.007p per share, being a 65%
discount on the current bid price, as a result. These funds will be used to
settle outstanding creditors, provide additional working capital and finance
upgrades to some of the Group's property stock to enhance its rental yield and
realisable value.

The remaining tranches will also result in Ordinary Shares being issued at a
65% discount on the bid price on the preset dates of settlement (within a
collar price of 0.007p and a cap price of 0.014p). The appropriate
announcements will be made after each settlement date and subsequent share
issue.

In addition, the placees have also been granted warrants on a one for one
basis, priced at the same price as the shares to which they relate, 0.007p per
warrant, exercisable at any date up to 30 June 2012.

As a consequence of the share issue Tahir Khaliq will hold 5.75% of the shares
in the Company being 333,333,333 Ordinary Shares and UEB Consulting will
increase its holding to 285,714,286 Ordinary Shares representing a shareholding
of 4.93%, of the Company's then issued share capital.

Application has been made for the 385,714,285 new Ordinary Shares, which will
rank pari passu with the existing Ordinary Shares, to be admitted to trading on
AIM and trading is expected to commence on 11 August 2009. As a result the
Company's enlarged issued share capital will be 5,800,956,580 Ordinary Shares.



> happydays


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Posts: 212

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Post Fri Aug 07, 2009 9:47 am   Reply with quote      



7th Aug... .as a matter of interest yesterday In House Group plc recorded fifteen buying trades The share price traded Up the profit curve from 0.02p to 0.025p trade on.



> happydays


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Posts: 212

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Post Thu Aug 13, 2009 12:45 pm   Reply with quote      



I am so sorry to report that Happy-Days will not be able to post on this string owing to cardiac arrest. His friends are now running money maker under a new format at http://www.shareclubuk.co.uk



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