Trading Statement - January 2013
The Company continues to process a number of corporate finance
mandates which the Board is confident will close during the current
year.
CarbonDesk Black, the subsidiary which has entered a new field
of carbon reduction through the marketing of a project to clean the
air of soot, also known as Black Carbon, from local taxis in
Manila, has modest revenues at
present but continues to gather momentum.
As announced on 23 January 2013,
the Company has received a claim from HM Revenues & Customs
relating to input tax on carbon trading transactions. While the
outcome of this claim is uncertain the Directors are confident, and
have been assured by our legal and taxation advisors, that the
claim by HMRC is very unlikely to be enforced. The Directors are
very mindful of the effect that the HMRC claim could have on
shareholder value and will do their best to protect this regardless
of the outcome of the Independent Tribunal.
The Company continues to monitor and keep ongoing costs to a
minimum.
The directors of the issuer accept responsibility for this
announcement.
--ENDS--
Enquiries:
CARBONDESK GROUP PLC
Daniel Edelman/ Peter Holmes
+44 (0) 203 384 3650
Peterhouse Corporate Finance Limited
Fungai Ndoro and Eran Zucker
Tel: 020 7469 0932