No Longer Active

This site is not active for the forseeable future.

I may start writing to it again sometime.

Tadpole Sell GSD

Well from todays news it looks as if my blog of 18th September wasn't that far off the mark with reference to what would happen to the Geospatial Solutions Division. I guess with very little current business on the books that ERSI 'were' after all the obvious purchaser of what was left.

The Company today announces that, in accordance with the Board's strategic objective of focusing the Group's activities solely on the application streaming business, it has entered into an asset purchase agreement ("the Agreement") with ESRI (UK) Limited ("ESRI" or "the Buyer") to dispose of its Geospatial Solutions Division ("GSD") ("the Disposal")........see the rest of the artice at ..... http://www.iii.co.uk/investment/detail/?display=news&code=cotn:TAD.L&action=article&articleid=6366387

Lets not forget that if it had not been for the GSD side of the business over the last 2-3 years then Tadpole would have officially been bankrupt long ago, so thanks to all who worked there, and best wishes for the future to you all.

Moving forward the good thing about this news is that with the Streaming Division already hitting the technology news sites in a positive way, it seems to me that with so little reaction from the market, the GSD sale has already been priced into the market.

With the above being said we now have the name change to come, also discussed in my earlier post and I'm still sticking with the idea of them just taking the simple obvious and changing to Endeavors Technologies PLC as being not only the most sensible option (having spent the last few months raising the profile of that name on the technology markets) but also as the most cost effective option as Endeavors Technologies is already a registered fully functioning entity.

Of course with the notification of the resignation of Dr Ketteman from the Tadpole board of directors following the disposal of the Geospatial Division this raises the question again of the compliance of the board due to lack of members.

I would be concerned if any of these posts were filled from an internal perspective, ie one of the existing ETI directors for instance, as until they have proven themselves to the shareholders as competent in the roles they currently hold and have achieved high levels of business, then I wouldn't personally want any of them having their attention diverted by the more onerous task of becoming FSA competent with the rules of directorship and all that is involved in that.

A positive though..........with this GSD news is now out of the way and if the Streaming Division have been as busy as Peter has suggested at both the AGM and to others since then; I'd expect to see some positive news starting to flow from the Streaming Division and some cash flowing into the coffers for a change..........lol

Roll on Application Jukebox and whatever the new 'Company Name' and 'Ticker' turns out to be!

Interop NY - Endeavors Technologies Launch....

Endeavors to Showcase the Next Generation of Application Virtualization at Interop New York

Endeavors is the pioneer in application streaming technologies that allow servers to deliver applications to client computers for on-demand access by end users.

Endeavors Technologies will launch the next big evolution in application virtualization at Interop New York. To learn more and see a beta demonstration, visit Endeavors at booth #654 on October 24th or 25th.

If you'd like to improve application delivery across the enterprise, or have considered moving to a Software as a Service (SaaS) model, this is something you can't afford to miss! With only two days and over 7500 expected attendees, we are sure to be busy. If you'd like to guarantee some time with our staff, why not book ahead by e-mailing us now.

Event Highlights
Interop is a leading business technology event where over 200 exhibitors will showcase the latest IT solutions and innovations. Conference sessions merge thought leadership with IT topics such as virtualization, security, storage, mobile strategy, optimization and more.
Register for a FREE Expo Pass, or save up to $500 on a conference package using our special priority code MLSZNN55


From the Interop website

"Explore current trends in server virtualization and management tools that facilitate its implementation. Examine the evolution of application virtualization and the implications of new virtualization tools used by utility providers."

Interop is the best place to get the big picture and understand how key business technologies work together. Interop New York 2007 will focus on the following topics:
Data Center
Enterprise 2.0
Fixed Mobile Convergence
Mobile Strategy
Networking and Services
Optimization
Security
Storage
Unified Communications
Virtualization
VoIP
Wi-Fi

Northern Rock vs Barlcays Bank

I've watched with interest, the media frenzy surrounding the Northern Rock's decision to get emergency funding from the Bank of England last week due to a cashflow problem. The reason I've watched with interest is that since the story broke and the media basically decimated the Northern Rock by over coverage of the story and making it sound like they had done something the other banks hadn't done, therefore creating a fear factor in the general public; I spent the whole time yelling at the telly asking why this kind of coverage hadn't been given to Barclays Bank when it TWICE went to the Bank of England in August for emergency funding.

Barclays bank had borrowed £314 million to settle a loan earlier in August and then £1.6 billion later in the month. http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article2358155.ece
Now, were Barclays just clever in how they explained away the need for these 2 loans within a month or are they seen to be such a large creditable instituion that the media 'let them off'.

The banks have all announced huge profits in the billions in the last couple of years, have kept interest rates to savers low and spent billions on takeover deals etc. So are they actually any better tahn any 'Joe Blogg's' member of the public who has made money, spent too much and forgotten to keep reserves for a rainy day. No they are not. But it's public money they are all borrowing just now and it is the public who wil pay again at the end of the day by not being allowed the credit facilities to sort their own mess out while the banks just trun cap in hand to the BOE.

Who ever said it was a fair world.