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.

RNS posted for sensible discussion ;o)

For Immediate Release 02 October 2008

Meldex International plc
('Meldex International' or the 'Company')

Application for listing

London, UK, 02 October 2008, Meldex International (AIM: MDX) the specialty pharma and healthcare company, announces, that application has been made to AIM Market of the London Stock Exchange, for the admission to trading of 7,738,008 ordinary shares of 1p each in the Company (the 'New Ordinary Shares').

The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Company. Of the 7,738,008 ordinary shares allotted: 1,322,822 New Ordinary Shares are being issued in relation to a placing for cash, the proceeds from which will be utilised to satisfy long term obligations of the Company incurred in connection with activities pertaining to Intellectual Property development; 3,570,543 New Ordinary Shares were allotted as vendor consideration to satisfy the Company's long term obligations in the purchase of pharmaceutical registration dossiers from ICE Healthcare Limited; 2,844,643 New Ordinary Shares were allotted as the third installment of vendor consideration for the acquisition of the Alfatil, Alphexine and Cephaclor pharmaceutical products (the 'Products') from Laboratoires Tonipharm and to satisfy other commercial obligations of the Company connected thereto. This issue of the third installment of shares to Laboratoires Tonipharm is as a result of sales of the Products reaching specific milestones which were set when the Company entered into the agreement for the acquisition of the Products in December 2007 (See RNS News Announcement dated 24 December 2008).

It should be noted that the Directors have authorised the allotment and issue of the New Ordinary Shares based on the authority given to them at the AGM held in 2007. This is because the obligations to issue the New Ordinary Shares arose prior to the AGM held in 2008, therefore the Directors are entitled to allot and issue these shares as if the authority to do so had not expired at the last AGM held in 2008.

Trading in the New Ordinary Shares on AIM is expected to commence on or around 07 October 2008.

The total number of share in issue following admission of the New Ordinary Shares is 232,541,089. There are no shares are held in treasury. Therefore, the total number of voting rights in the Company is 232,541,089.

Kim et al

I'm always ready to engage in sensible discussion, unfortunately a certain poster seems more intent on childish insulting behaviour, which perahps childishly I have responded to in the same manner, but in my defence I don't really see why I should be subject to a continuous verbal attack for simply posting my researched opinion.

It was pointed out to me yesterday that there are probably a lot more readers (investors) of this thread than actually post and they would rather read informed opinion and facts than drivel.

I will therefore restrict myself to MDX :-)

The only comments I have to make re today's RNS is 3.4% dilution and clearly there will be more (fund raising plan). I expect the SP to drfit towards 10p.

I'm also intrigued as to why the massive debtors column in the results. If I was a holder I would certainly be asking for an explanation from the company.

Certainly an informed new investor would not be too happy to put money in at present. I know it can be painful for investors with faith in the company to look at it other than through rose-tinted glasses, it is not easy to step away with a loss. I have held shares since BRPG days but 'dumped' them when cracks started to appear. I feel MDX still does not have the right people in control, which is a shame because the potential is not insignificant. Will they be able to raise the capital needed?, whoever is considering the matter will be taking a very long hard look at the company and may well want changes made before investing. Who knows. I really do hope that they survive and I won't knock those who remain convinced that they will; we all need a bit of faith in something these days!

"Talk about the pro's and cons of the company"

What uckin pro's ????

All its done is bleed investors dry and is still doing so , its a pile of sh*te and always has been.

20p long gone now tabby ...

OK, so 1.3 m shares were issued to raise cash ... but at what price? Usually a good idea to tell people that or they make the numbers up ...... if it was 5p, what was the point, and if it was 30p, that would support the SP .....

C'mon BOD, I thought the ministry of misinformation had been replaced!

If it was 5p it would be because they are desperate and have to take what they can get.

30p .... your having a giraffe !

Why do you think they aren't saying how much they raised ????

What is pertinent is that they have had to issue shares to raise cash which reinforces their poor financial position. If they were issued at yesterday's market value of 19p (unlikley) they raised 250k, this is not a great deal of money for a 50M turnover company.

jeez new lows again....

ko
i agree, we all need faith in something these days.
it's that very faith and belief that keeps holders holding.
comes a day, as with you, when we have to say enough is enough.
sell and move on.
of course it's very hard to do,to sell at loss.
it's not a loss until i sell. and if i hold on it might recover.
if i sell now no doubt price will then move on and up.
often it does. and then it reverses yet again. sometimes it doesn't.
it just keeps going up.
and so it goes on.
so whats the answer?
maybe setting a rigid stop loss at time of purchase would help.
this takes much discipline which many of us, myself included at times, dont have.
why?
its the belief along with those rose tinted glasses.
when the belief remains against all odds and hope takes over then thats really decision time. Hope they recover.
it's now too late to sell, im locked in, i've lost too much already i might as well hold on and Hope.
guess thats where all existing holders of this share are at now.
got ya.
get the picture frame ready.
just my opinion.
regards to all
jkd

jkd
"maybe setting a rigid stop loss at time of purchase would help." A very good rule to follow but one that surprisingly few people do. Unless shares are to be held long term with the mindset that they'll be held through thick and thin, no matter what (the dangerous way!) a stop loss is the only way to go. Shareholders may face a short term loss investing that way but if the company they buy into is going to be a success then there will always be another chance to buy and then, hopefully the sp will carry on up. In it for the dividend?, then the sp won't be as important as the company profits! No div at MDX for a while though, if ever.

Sometimes it is better to accept a huge loss and walk away with little than to think "OH, this'll recover" then watch the company go belly up and get nothing. Not suggesting that this will happen to MDX but the signs are not encouraging. IMO the next 6 months are crucial, if they get their financing wrong, well, I needn't spell it out.

I hope all holders have an eventual winner.
Steve

Afternoon mdx holdersjust got inhad so many e-mails today from friends that are mdx long termersall wanting to nominate me for the Nobel Peace Prizeand all showed their desire to get to know some of the less enthusiastic better! ..lol
I dont think the refinancing was a placingthey wouldnt have announced this chicken feed amount todayit was to satisfy long term obligations.it would have been considerably more! mdx are tied in with Fortiswho have there own problems and so are probably renegotiating loans or a new loan to maximize growth.
Jkd summed up how I feel... perfectlyI am not leveraged I do not need that cash and it only becomes a loss if I sell now or at a lossI have put the certificates in the bottom of my drawand know one gets them!
Thanks for the last line Kim/Steve.

I read advfn for half hour last night tabby and compared to most of them your almost normal.

Dilyou are right I am not normalI have a wonderful family not like most. Dysfunctional.I am loyal to my wifefamily friendsI help those in need if I canI wish everyone the very bestand would not laugh at those less fortunate especially those with lifetime savings not doing so well at the momentand am involved with animal welfareyes I guess you are rightI am not a normal!

I suspect delusional!

Mind who is Treble to object!

Fred I would define delusional as having a false belief.there is nothing false about my beliefsand they nearly always come trueso dont worry about your mdx shares.put them away and we will have this conversation in a few monthstrusted me Fred!.your other question?.I think we all know that answer!

Clairvoyant as well!

8-)


I must start my pills again.

Who is this Claire Voyant Fred?..are the pills viagra? Does the wife know? So many questions!

Morning all mdx holdersback to playing todaysod that work gameIm far too lazy!
Hopefully a better day today?. Dil are you OVERMARS333 ?

Dil has about 200,000 aliases that we all know of, so if anyone deramps one of your stocks it wil be Dil in disguise. Its amazing how he has time to create all these aliases, deramp stocks and still turn up at school to do his AS levels, we think the Rhonda mafia(men in dark glasses) have an involvement with the deramping as well.