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VPhase

  • BY: Andrew Hore |
  • POSTED: 09/08/2013 |

Energy efficiency products developer VPhase continues to try to raise additional cash so that it can keep trading and stave off administration.

VPhase has asked for an extension to the date when the appointment of an administrator becomes effective. The courts have granted an extension until 22 August.

Trading in the shares was suspended on 20 June at 0.17p, which valued the company at £2.43m. It has taken longer than hoped for VPhase to build revenues.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJuly2013_46.pdf

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