kitosdad
- 12 Dec 2007 16:20
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.
Dil
- 08 Dec 2008 13:30
- 4934 of 8631
double post
tabasco
- 08 Dec 2008 13:32
- 4935 of 8631
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
Dil
- 08 Dec 2008 13:40
- 4936 of 8631
What exactly are you reporting him for ?
ptholden
- 08 Dec 2008 13:41
- 4937 of 8631
Must be illegal to post an opinion on a BB now.
Dil
- 08 Dec 2008 13:44
- 4938 of 8631
Someone telling the truth on an mdx thread pt .... nows there's a novelty.
tabasco
- 08 Dec 2008 13:49
- 4939 of 8631
Dilsometimes you even surprise meI cant be bothered.
Dil
- 08 Dec 2008 13:57
- 4940 of 8631
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 ?
Treblewide
- 08 Dec 2008 13:59
- 4941 of 8631
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
Big Al
- 08 Dec 2008 15:23
- 4942 of 8631
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.
hangon
- 08 Dec 2008 15:26
- 4943 of 8631
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 -
jeffmack
- 08 Dec 2008 15:36
- 4944 of 8631
Just seen this from yesterday
SCRUTABLE - 7 Dec'08 - 00:42 - 2244 of 2264
Wheelbrace1 - 6 Dec'08 - 23:29 - 2243 of 2243
nomotto - 6 Dec'08 - 23:12 - 140354 of 140354
isn't it incredible what happens when someone says something sensible. they all pounce. now what does that tell you all?
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Not only is the sensible stuff in short supply, but the hyaenas are in full cry with their disinformation strategy.
Nowhere is there a satisfactory explanation for the increasingly rapid disappearance of cash. RT has been gone some three months - time enough for investors to sense, in the eyrie silence, that things have since got much worse.
Since RT was ousted by a boardroom coup, the share price has lost a further 75% or so. How can he possibly have been the cause of it? The boil allegedly lanced festers on. The only possible conclusion is that those actually causing the problem have been seen with hindsight to have skilfully found a scapegoat. They remain inside and alongside the company, and continue to do their worst.
The previous fall in H1 (70%) was in line with the collapse of the whole market, but the sharper, steeper second leg can be mainly ascribed to MDX events 'after Trevillion'. Surely the penny now drops?.
How can anyone now honestly claim that RT was solely responsible for the original collapse ? What were the other directors doing? As demonstrated at the AGM, RT had no hypnotic powers, perverse charisma, or powerful patronage to leverage his six fellow directors.
He does not exactly stand out as a man whose personality makes grown men quake.
The share price fall in H1 after BJM's deceitfully empty bid approach was seized on by opportunists. The external situation allowed them to marginalise and get an ineffectual CFO suddenly fired without justification, when he began to ask too many questions.
Though RT was blamed for the unsubstantiated forecasts for Steve Martin's Development department to whom such things were delegated, he had actually been required by the board to concentrate (with Hiram Patel and Peter Ibbetson) and via Houlihan Leakey, on the stalking horse bid approach and the other approaches which were stimulated by it.. RT was actually sidelined during the time that the cash troubles began to fester, and the forecasts to fall short. None of the three members of that bid committee are still with the company. Does that not with hindsight appear significant?. .
Then BJM's hyaena mob were easily able to mobilise shareholder pain to demonise RT and get rid of him. This cleared the way to take predatory advantage - for them and the two Ks to position themselves for a share of the spoils. A disproportionate cash flow must have been organised or Melbrosin, and the IP is now potentially available on the cheap for BJM and his pack.
Is this not a good explanatioin for the access to the two Ks that BJM seems to have engineered, and on which investors have begun to rely for information in the striking absence of it from the company itself?
Dil
- 08 Dec 2008 15:41
- 4945 of 8631
Yep that post just about sums up about 90% of them in the zoo.
You going to report him for that one too tabby ?
ptholden
- 08 Dec 2008 15:44
- 4946 of 8631
Personally, I am in no doubt that BJM is using the ADVFN BB to meet his own ends. I am also staggered that so many posters have hung their hat on the failed founder of BPRG. Of course in financial terms he didn't fail at all. How on earth were he and his cronies allowed to get away with his own company - The Jade Partnership - providing financial advice to errr his own company - BPRG? Jade (Muncaster et al) were very well recompensed for talking to themselves!
Gausie
- 08 Dec 2008 15:58
- 4947 of 8631
ouch - 6.6p touched. Lowest trade today is 6.21p. 5p is soooooo close. And so is bust.
tabasco
- 08 Dec 2008 16:09
- 4948 of 8631
What a stupid post that was Gausienow you know why you are an affiliated member of the groovy gang.and challenging for gold!
Andy
- 08 Dec 2008 16:16
- 4949 of 8631
tabby,
That announcement looks absolutely dire IMO.
Instead fo reporting 2ronnies and scrutable, maybe you should be paying heed to what they are saying, as they seem to be the only people accurately and timely reporting the news from MDX!
And the FSa will simply bin your email, they won't do a thing, they are innundated with shareholder complaints from BB postings.
Dil
- 08 Dec 2008 16:34
- 4950 of 8631
I'm reporting BM for trying to flog me 100k of this crap last week when he probably knew about todays news.
tabasco
- 08 Dec 2008 16:38
- 4951 of 8631
OK Andy.it looks like you know more about my movements than I know myselfif that is what you believe I have nothing else to addit might be worth reading what Barrys take is tonightjust one last thought the company are no longer in debt.would you say that is a better position at this stageFortis being weighed off!
.
The company said it did not intend to sell its remaining assets, including other products, new product development programmes and drug delivery technologies as they were considered core growth drivers for the future.
Big Al
- 08 Dec 2008 16:39
- 4952 of 8631
I'm not going to report anyone, but I'd certify Tabatha for being a complete and utter Richard Cranium. ;-)))
Big Al
- 08 Dec 2008 16:40
- 4953 of 8631
Tabatha
I'm sure they didn't intend selling ANY assets until a short time ago. ;-))))