15 October 2012
Company Update
The Board of Worldlink Group Plc ("Worldlink" or the "Company") wishes to
announce the following updates on the Company's financial position:
Going Concern update
The Board wishes to announce that the Company is in negotiation with a funder
who will provide sufficient funds to the Company to allow it to continue as a
going concern until such time as the Company is generating its own funds via
its various agreements with parties within the sports betting and gaming
industries.
Further details will be announced once an agreement is finalised.
Update on Financial Statements
The Board confirms that the audit of the Company's accounts for the period
ended 29 February 2012 is in the final stages of completion. The audit has been
held up whilst the Board negotiates the Company's funding and going concern
situation. The Board hopes to be able to announce the final results to 29
February 2012 by the end of October, following final funding terms being
agreed.
Notes to Editors
About Worldlink
Worldlink is one of the UK's leading real-time mobile applications companies
with patented technology that allows information held on the mobile device to
be updated automatically without the need for a manual refresh. Information is
delivered via a mobile telecommunications network in real time, whilst
intelligently minimising the bandwidth required to transmit the data. The
technology is patent protected in the US and UK and is patent pending in
Europe.Worldlink has already licensed its patents to leading institutions in
the financial and technology sectors and is furthering this process in the UK,
US and Europe.For more information about Worldlink and its businesses please
visit www.worldlink-products.com.
Contact
For further information please contact:
Neil Riches 01737 221 078
Managing Director
Worldlink Group Plc
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.