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Velti Plc Message Board

jim_201190 6 posts  |  Last Activity: Apr 10, 2014 9:12 AM Member since: Aug 9, 2011
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  • jim_201190 by jim_201190 Apr 10, 2014 9:12 AM Flag

    I see 10,800 shares pre market trade?

  • .034 up 0.0018 - volume 408,228

    Let's hope this continues

  • jim_201190 by jim_201190 Mar 12, 2014 9:07 PM Flag

    I am thinking Velti PLC knew that they will not have the stock price go back to $1 anytime soon when they decided to de list from NASDAQ even though NASDAQ rules would have allowed them to appeal the 30 days notice and they technically could have extended it to April 2014.

    But Velti PLC knew that will not be enough time and moved to OTC. It will take them may be until summer of 2014 if not more to build whatever left of the company, or maybe even sell what is left
    I am guessing that’s why we have not heard from them plus I am not sure if the BK left over with Velti inc (which GSO bought) is also a factor,

    In a nut shelll, we will not hear any news tell Velti PLC clean house, figure out their new path.
    I am hopping may be by this Summer.

  • jim_201190 jim_201190 Mar 8, 2014 6:30 PM Flag

    I do not think so. This the part that Velti PLC sold to GSO.
    If you read some of the older news when this was announced you will notice that first Line stating the name “Velti plc” . If you read more you will see that “velti inc”. is one of the subsidiaries that are being sold to GSO
    "SAN FRANCISCO, Nov. 4, 2013 /PRNewswire/ -- Velti plc (NASDAQ: VELT), a leading global provider of mobile marketing and advertising technology, announced today that it has agreed to sell its U.S., U.K., and India mobile marketing businesses and certain of its U.S.-based advertising businesses to affiliates of GSO Capital Partners LP ("GSO"), the credit division of Blackstone (NYSE: BX). The current proposed transaction includes the sale of business lines operated by Velti Inc. and Air2Web Inc. in the U.S., Air2Web India, and Velti DR Limited and Mobile Interactive Group, Ltd. in the U.K.

    Under the terms of the proposed asset purchase agreement and to facilitate the sale, Velti's U.S. operations, including “Velti Inc. “and Air2Web, Inc

  • Reply to

    Vetli has an Exhibit at the MWC

    by jim_201190 Feb 26, 2014 2:09 PM
    jim_201190 jim_201190 Feb 26, 2014 2:32 PM Flag

    I think it is Velti PLC, it is listed under "Greece" for country and in the business address.
    Check it on the MWC site under "Exhibitors" search by Country"

  • Mobile World Congress from Feb 24 to 27
    Hall App Planet - Hall 8.1 Stand CC8.12

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