Netcentric is pleased to announce the appointment of Howard Crosby to the Board.

Good morning FERNYGRADE. In your last post I believe we are agreeing on the same thing that the markets do not reflect the true value of some companies. This is the case and will always be the case. However SER and all other companies listed on the AIM are not the same as Netcentric. SER is a trading company with value (lower or higher than its market cap). Netcentric is not a trading company, it has not traded for 5 years and has no value whatsoever.

It's sole reason for being kept alive is so that Howard Crosby and pals can use its listing to raise funds for another one of their companies. Remember it was the intention of the LSE to delist Netcentric and other such companies if they had no viable businesses by the 31st March 2006.

What happens to the shareprice of Netcentric between now and the 16th January 2006 is crucial. Mujahid2 asked if Netcentric shareholders will receive shares in TomCo. I have looked through the RNS and it does not say what percentage of the new company private shareholders in Netcentric will be holding if any. It states the existing directors will be holding 47% of the new enlarged share capital but that's about all. I can only assume the subscribers to the 200 million new shares will be holding the remaining 53%.

As for the existing private shareholders like yourself is anybody's guess.