The engines have fired up at last for MDX. ( BPRG ) At long last they are being recognised for the force they will become over the next two years. On the cusp of disclosing huge revenue-earning deals with Global pharmacists. These have been hinted at as being unrolled before the years end, but may be in the next days.You still have time to get in at a bargain-basement price before the SP takes off for real shortly.

Bones was a huge bull of these (as were far more people back then!), but he did eventually gave up if I remember and saw better opportunities elsewhere. He's not been wrong obviously! ;-))

Scottie lost his gun or his bullet. Whatever. Someone wishing me dead on a financial BB has never been a life-changing event for me, I'm afraid. Eventually everyone realises there's 2 sides to the coin. I've seen a few come and go, but I suspect Scottie's lurking. Maybe he's been talking to Bones. LOL!

If you bad mouth mdx on adv.. and bones did! they send out the Mafioso after you. I admit they are slightly cranky over there.but loyal cranks! Al surely it would have been life-changingif Scotty had shot you?

Judging by his absence I think he might be doing his shooting from the ether somewhere!

This was put on Meldex International's website yesterday:-

04 August 2008
Meldex International, the specialty pharmaceutical and healthcare company, announce that they have engaged Buchanan as their financial investor relations partner with immediate effect. The Company has announced previously a new communications strategy and believe that Buchanan's expertise and knowledge of the sector will benefit Meldex moving forward.

Better watch out for RNS releases that look even more bullish then. The last one didn't work too well. ;-0

IMHO the root problem is that this Co cannot say something simple - "like it is"....This latest RNS is gilded with extra information that adds nothing to the simple message:
"Buchannan is doing PR for Meldex international."

Look at the extra padding:-
-specialty pharmaceutical and healthcare company,
they have engaged
their financial investor relations partner with immediate effect.
The Company has announced previously
new communications strategy
and believe that Buchanan's expertise and knowledge of the sector
will benefit Meldex
moving forward.

Even MDX is hardly likely to engage a PR company that doesn't have the skills needed - Er, although it seems they had, up to today!
-Most of those statements are nothing more than "puff" - adding nothing to the basic message:

"We're using a new PR outfit."

When MDX can stop waffaling and report solid financial news, good or bad, accurately and promptly....then things will improve without any additional "expertise" . . . . . . . the Market needs facts, not waffles.

Did this RNS come from the new PR outfit? . . . . . Oh no!

Hangon, just to clarify, the Buchannan thing wasn't an RNS, it was under 'latest news' on Meldex's webstite home page. Perhaps they want to keep it quiet! ;o)

Hangon, the whole world talks like that. Once it's started eneryone has to pad out even the most simple remark in order to expedite their positive position in the market place to deter negatoid attitudes that may negate the populuses inherant belief that they are acting in the shareholders best interests to disguise their self serving behaviour and promote their true sincerity blah, blah, borrocks.

Hangon, the whole world talks like that. Once it's started eneryone has to pad out even the most simple remark in order to expedite their positive position in the market place to deter negatoid attitudes that may negate the populuses inherant belief that they are acting in the shareholders best interests to disguise their self serving behaviour and promote their true sincerity blah, blah, borrocks.

Think about this RT does deals.and very good ones! Just look at the TU.We know for sure he does not want to sell company cheapfact! given timethe skys the limit! SM supposed to deal with products. when he is not swanning about trying to bankroll his very very cheap offerI dont like giving fu**ing guns to the enemy in working time. incidentally in his department we do have problems with dates and deliverywonder why? BM rates SM mmm? and could still be in the shackput into the melting pot Mr.Patel..and you can see that RT has two very difficult jobs onMy gut feeling is... fundamentals are certainly righttug of war the problem!
imho I think the agro is near its end.
Wishbone...i wish i could talk like that...instead of blah, blah, borrocks. good call!

And on a lighter note :)


To Rt Hon David Milliband MP
Secretary of State
Department for Environment Food and Rural Affairs ( DEFRA )
Nobel House
17 Smith Square
London SW1P 3JR.

Dear Secretary of State,
My friend, who is in farming at the moment, recently received a cheque for 3,000 from the Rural Payments Agency for not rearing pigs. I would now like to know how to join the "not rearing pigs" busineess.
In your valued opinion, what is the best kind of farm not to rear pigs on and which is the best breed of pig not to rear? I want to be sure I approach this endeavor in keeping with all government policies as dictated by the EU under the Common Agricultural Policy. I would prefer not to rear bacon pigs as the Danes seem to have cornered the market on those, however, if these are not the type of pigs you want not rearing I will happily not rear them. Are there any advantages in not rearing rare breed porkers such as Gloucester Old Spots or Saddlebacks, or, are already there too many people not rearing these.
As I see it, the hardest part of this program will be keeping an accurate record of how many pigs I have not reared. Are there any Government or Local Authority courses on this?
My friend is very content with his business. He has been rearing pigs for forty odd years and the best he made on them was 1422.18 in 1968, that is, until this year when he received a cheque for not rearing any.
If I get say, 3000 for not rearing 50 pigs, will I ger 6000 for not rearing 100.
I plan to operate on a small scale at first, holding myself down to around 4000 pigs not raised in my first year which will mean about 240,000. Then as I become more experienced in farming I plan to become more ambitious, perhaps increasing to, say, 40,000 pigs not reared in my second year, for which I shall expect a cheque for about 2.4 million from your department.
Incidentally, I wonder if I will be eligible to receive tradable carbon credits for all the pigs I have not reared not producing harmful and polutting greenhouse gases?
And another point: These pigs that I plan not to rear will not eat 2000 tons of cereals. I understand that you pay farmers for not growing crops. Will I qualify for payments for not growing cereals to feed the pigs that I do not rear?
I am also considering the "not milking cows" busines, so please send any information you have on that too. Please could you also include the current DEFRA advice on "set aside fields"? Can this be done on an e-commerce basis with virtual fields, of which, I seem to have several thousand hectares.
In view of the above, you realise that I shall be toally unemployed and will of course qualify for unemployment benefits.
You may rest assured that I shall be voting for your party in the next elections.
Yours most sincerely.

lol

WELL I HAVN'T REARED ANY PIGS FOR 50 ODD YEARS, AND I'VE NEVER BEEN PAID FOR IT.

How much do they owe me, makes you want to laugh.

Good to see a more balanced , reasonable and sensible discussion today.

15 minutes. No trades?... Thats a first!

Couldn't agree more Dil :)

Mdx would not appear to be the most obvious stock to short at this moment in timeand it looks very much over the last couple of days to be getting more difficult.I notice sells with a lot less impactcould mean the expensive partys overThe more I try and weigh up this carnage of an SP the less blame I feel should go to RTHe has made the odd misplaced and mistimed remark but has continually delivered the goodsThe growth being well above my expectations.I cannot comprehend how any sane person would want to sell this stock at this SP if we had a level playing fieldThe problem I have is how bigger slope is there80% of my shares are now in certificate form! The other 20% is covered. We will see which piece of mind blowing info will force mms to raise the SPI take the p*ss of course. Huge calls and interest in mdx will surely now make the pirates think!

The Chinese know how to party. Fantastic! 2012 Olympics - London committee must be shi**ing themselves I think they will need more than a box of Standard Fireworks

We are down to a stock exchange.dont seem to be a lot of surplus! Going to concentrate on something far more interesting now.glass of wine.. Olympics.have a great weekend.

Maybe they'll hold the MDX AGM as the finale to the 2012 opening ceremony , that should top anything you've seen today.

Excellent post over on the other side.long but worth a read.
BertieBru - 8 Aug'08 - 17:05 - 100420 of 100422

This is the situation,

Background:

(1) I wrote to the Prime Minister complaining about the failure of the FSA(Financial Services Authority) to regulate markets not only in the case of Northern Rock and other banks, but, more importantly in the case of small companies.

(2) The PM passed the matter on to someone, through Alistair Darling, but that person said it wasn't a political matter, to address any complaints to the FSA . The government just didn't want to be involved

(3) I copied the letter to the PM to Dr Cable. He also received a copy from a constituent.

(4) On 16th April Dr Cable wrote to Hector Sants, Chief Executive of the FSA on behalf of his constituent and myself asking what action the FSA was taking in respect to market manipulation with particular reference to Meldex International Plc.

(5) In the second half of May Hector Sants replied to Dr Cable and the reply was copied to VC's constituent who copied it to me. I have had no further news since that date (27th May).

Current Situation:

(1) Manipulation of the share price is continuing on a daily basis. Unbelievably the SP of the fastest growing pharmaceutical company on the London Stock Exchange has moved down from about 78p when I wrote to the Prime Minister to around 33p this afternoon.

(2) The 'fastest growing' label is supported by the fact that Meldex International Plc came out with a Trading Update showing 270% growth in the first half of this year. Despite that, shorters have piled in and the share price has been attacked every day since then. There is no singn of any action by the FSA.

(3) Worse still rumours have been fed to the press and despite all the good news from the company the press rumours have been totally destructive. The Daily Mail in an article by Geoff Foster on 29th July stated.

"Rumours suggest a profits warning will be wheeled out..."

http://www.dailymail.co.uk/home/frame-money.html

What have the FSA done about that and false, or unproved statements in the Mail on Sunday a few days later, The Telegraph and today's Financial Times.

(4) Market regulation is so utterly chaotic that I have even heard that Meldex were forbidden by one of the regulatory bodies to publish an RNS (regulatory announcement) they had prepared denying that there was to be a profits warning. I have no access to information as to which regulatory body was involved, but at the time an approach had been made to the company with the possibility of a bid being made for Meldex so the POTAM (Panel on Takeovers and Mergers) would have been involved. Also, as for all RNSs, the Nomad, with the LSE behind that, and also the FSA were looking at things. The preventing of a defence by the company must have greatly aided shorters, put shareholders in a totally disadvantaged situation with the possibility of losses, and left a permanent question mark over how the company was doing.

(5) In fact the company was doing so well that last Friday, 1st August, it came out with a Trading Updated showing the 270% increase in trading mentioned above.

(6) Despite the exciting TU, the shorting has continued on a ferocious scale. Early this week 5million Meldex shares were traded in a day - incredible for an AIM quoted share. Huge amounts of money are involved as it must have taken large sums to keep the SP going down despite the interest of most shareholders in buying into the good news of the trading update.

(6) Several opportunistic (opportunistic because of the low SP) approaches have been made to the company to see if a bid would be accepted by the company. All have failed or been withdrawn. There is however the sentiment among shareholders that the SP has been shorted down to accommodate a bid. The bidder would hope to benefit greatly from the low SP and unhappy shareholders who might accept a really low price just to escape the continual falls.

Comments:

(1) US comments usually class the AIM market as 'unregulated', 'a circus', even 'a bear garden'. Why has this been allowed to continue. The FSA does nothing, but the real culprits are Gordon Brown and Alistair Darling. Brown was Chancellor for 10 years and Darling has been ther since but neither has done anything whatsoever to properly regulate the markets - even to bring the FSA and the Potam into one body. Even to bring the FSA under the Bank of England. Even to bring transparency to the affairs dealt with by the FSA. Even to bring in legislation to limit, or completely ban, shorting and to protect shareholders.

(2) The FSA is suppose to protect companies and their shareholders and last week a group of people were sent for trial by the FSA. However, research I have done seems to indicate that they have only about 150 people in the department charged with controlling illegal and dubious trading. From what I have heard most of those have been largely engaged in working on manipulation and illegality surroundin bank shares. They only have very limited time to deal with anything else and especially not AIM stocks despite the vast number of prods they have received from Meldex shareholders.

(3) I wrote to Polly Toynbee of the Guardian with a copy of my letter to the Prime Minister and with background as to what was going on. She was very worried about the FSA not taking action and asked me to keep her informed as to any developments.

So why does it so disturb me that the SP is being messed about with? The answer is that Britain does not have enough successful pharmaceutical companies for a land that produces so much brilliant pharma research.

GSK, Astra-Zeneca and Shire are the only large ones. But Meldex International has the ability to be larger than Shire in only a few years. They are growing very fast, if allowed to without the shorting that has succeeded in obtaining such a low SP that shareholders voted down a resolution at the AGM to increase share capital. Meldex have the fastest acting analgesic known, innovatative products to treat obesity, nicotine replacement, smoking cessation, migraine, Alzheimers, cough and colds, snoring, etc., etc., etc.. Already 150 products are on sale all over the world and the real blockbusters will only be coming through in 2009, 2010, and 2011
.

Well, that became much longer than I intended. I hope someone has the time to read it and I do hope that Dr Cable will take action to follow up with the FSA. More importantly I want to see Labour attacked for failure to regulate markets, failure to levy stamp duty on spread bets on shares, and failure to place stamp duty on contracts for difference.