Business
Strategic Review
Strategic Review.
About this update from Time Finance Plc
[{"type":"text","content":"\n RNS Number : 7629I Timestrip PLC 18 March 2010 \n\nTimestrip plc\n(\"Timestrip\" or the \"Company\")\n \nStrategic Review\n \nSince the interim results announced last Autumn, the Company has continued to make progress with contracts wins but remains constrained by lack of working capital. Certain existing shareholders and new potential investors have been approached to raise additional capital for the Company, but the level of interest has not been sufficient to fund the business with any certainty for the next twelve months. Accordingly, Timestrip has to consider all other strategic options open to it which includes a possible sale of the business.\n \n \n \nFor more information please contact: \n \nTimestrip plc\n \nJonathan Steinberg, Non-Executive Director 01462 440700 \nPaul Freedman, Joint CEO \n \nGeoff Nash / Ed Frisby, FinnCap, NOMAD 020 7600 1658 \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END STREAEDXFEFEEAF \n ","length":3000,"tagName":"div"}]