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.

"As a result of the disposal of Dexo France, the ongoing working capital constraints, the restructuring process and costs which the bank have imposed on Meldex, results for the year ending 31 December 2008 and forecasts for 2009 will, regrettably, be below market expectations."

So another loss to look forward to, will this company ever make a profit?

One more thing, Tabatha:

The people who post either on here or in the zoo are constantly berated for predicting exactly what happens every time.

I do not wish to see people lose out, but if they adamantly refuse to listen to reasoned arguments against, and there have been many, then they will lose the lot. Sad, but true, and a position of their own making.

Lol , bet they not below my expectations.

Tabby
Where does it say MDX are debt free. They use the words Reduce and majority.

8 December 2008
Meldex International Plc ('Meldex ' or 'the Company')
Disposal of Dexo France Business Unit to Reduce Bank Debt
Restructuring update

The funds received will be used to repay the majority of an outstanding facility of 7m which was originally negotiated in October 2007.

Jeffcall me a liar for 2
Dil are you upsetting Geordie?.hes doing the stutter rap!!!

No too busy this week , had a quick look in at the zoo ... geordie and docs take on things are unbelievable.

That SCRUTABLE's good isn't he , would love a crystal ball like his.

I've missed 793 posts over the road since my last visit on Friday. Methinks I've better thnigs to do than play catch up. LOL!

This was about the best Al :-)



nomotto - 7 Dec'08 - 14:08 - 140365 of 140416

I do not owe anyone an apology.

I have reread m5 posts, most have no substance, smoke and mirrors.

DIDDLDUM, what constuctive information have you ever supplied to this board?

I may as well play the person, that you think all us Yanks are, though I believe, we bailed you out of 2 wars and picked up the check..............



diddlboy - 7 Dec'08 - 14:52 - 140366 of 140416

" we bailed you out of 2 wars and picked up the check.............."

You have to laugh at this clown. You have been watching too many John Wayne films Yank. You fuckers were always too late to see any real action, but you sure gave yourselves plenty of medals afterwards.

Made me laugh anyway :-)

ROFLMAO!

Have just replied to nomotto. He told me I was FOS after I switched off Frdiay. Damned cheek, what?

LOL!

double post

This post was sent by myself to the FSAI am aware that three other people reported this accusation which has turned out to be correctand if the new owners quack like a DucI think Scrutts will end up crispy!!!!
SCRUTABLE - 3 Dec'08 - 13:21 -

ALARM CALL
I have been out of touch for a fortnight with a computer problem taking time to fix. I am appalled with what shareholders are about to experience.

Three weeks ago I warned that the RocGel news was sly in that it contained that bit of the truth which was on its own seemingly comforting but hid news which was disturbing. I warned that bad news was on its way. The vortex is now accelerating and IMO the company is about to implode and the circling wolves are about to take their fill.

Shareholders only chance to avoid being dispossessed of what is left to them, is a legal injunction to prevent the board from disposing of significant assets without shareholders' authority. Key assets on the prescription side have already gone though shareholders' have had no inkling of it. Tomorrow more important assets will be filched.

As prelude the news flow has been stifled since the AGM - IMO deliberately, in complete reverse of what was cynically proferred by chairman Dr Jim Martin, and must have been deliberate deception. His reputation tarnishes further.

The sudden closure of Tampa in disgraceful circumstances has helped to create confusion and another twist of the downward spiral in the share price. My cousin happens to be a newspaper man in Orlando and has visited Tampa in the past, on my suggestion. He tells me that the two Ks felt it unneccessary to wield the knife themselves and asked someone else simply to phone the Tampa manager with instructions to sack the staff that very day. No reasons given. Just a warning that any attempt to talk about the situation would lead to aggressive litigation which they would rue. As far as I can remembern Tampa has had some fat contracts recently and is inpositive cash flow with much increased margins above those in BPRG days. Presumably MDx will now be open to be sued for breaches of contract by suppliers - and staff if they have the bottle.

The only outcome to this progressive dismemberment of the assets can be that those close to the company will soon be seen skulking away with their booty carrying legs of lamb in their teeth.

Melbrosin will end up again under control by the two Ks significantly cash richer, and BJM will have his originbal BPRG IP back again at a satisfactory price, which is what I believe he has intended all along.

If nothing happens immediately shareholders will find that tomorrow Dexo, despite its enormous market development by RT will be sold back to two of its original owners, Gerard Leduc, now a substantial MDX shareholder, and Sanofi -
for less than the original consideration.

Unfortunately I have to leave for a City appointmnent at 2.30 and cannot continue.

I hope that the 121 group will rise to protect their interests and stop the rot immediately. All that is needed is enforcement of shareholders' right to know the truth and to insist that the Board ceases to connive at this carve up.

I do not intend to get involved in defending myself at the cowpats which will now be hurled at me by those who hope to be beneficiaries of this disgraceful story. It is a waste of time demanding that I reveal my sources or justify my intervention.

Anybody with half a gram of sense will realise that onbe would not make this up.

If it looks like a Duc, walks like a Duc, and quacks like a Duc, then I think it obviously is a Duc

What exactly are you reporting him for ?

Must be illegal to post an opinion on a BB now.

Someone telling the truth on an mdx thread pt .... nows there's a novelty.

Dilsometimes you even surprise meI cant be bothered.

So he's got Tampa and Dexo right in the last two weeks and reckons the KK's and BM will be carving the rest up.

What the shareholders going to get besides shafted ?

jesus so they have punted half of the turnover and have no money to spend on new products...final nail and coffin springs to mind

Getting on for the best volume in about a month.

Interesting to drop in over the road. Everyone else's fault, but their own as usual. Idiots.

Treblewide you are probab.ly right, this Co has been a disaster from start to (finish?) with many execs getting far too much whilst making things even worse. I wonder what all those(bb investoprs) that supported BPRG/MDX-Management will say by way of apology - that they were so very wrong.
This was a rotten business right from the start.
Er, IMHO -