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.

Mind you don't sweep your share certs out of the way. LOL! Normally I think it's "out of the way", but never mind. It'll be lost on you. ;-))

I think in a quick straw poll here we'll probably find you're the only one who would be prepared to watch whilst a huge amount of their wealth went round the U-bend. The point has been won. The comments on your buying levels has been won. Most of us on here only do winning. Naturally, you're the odd one out, bugsy.

I see the 121 group are doing their best to get your money back tabby.... not

B J Muncaster - 10 Dec'08 - 21:18 - 20095 of 20100

I am putting on record that despite various attempts to speak with Lexuss he is refusing to speak with me and with Gary Cressman. The action he and others are about to embark upon may deliver a mortal blow to the Company. He and others have been misled about the work put in by Gary Cressman and me and in our opinion the drivers of the misinformation have a personal and beneficial interest in seeing the Company go into adminstration.

Gary and I have no interest whatsoever in seeing the Company in administration and, again for the record, neither of us has at any time had any discussion with any party regarding administration, sale of assets, lowball bid, MBO, or any other activity not in the best interests of all shareholders as a group. Any comments to the contrary are without basis.

We have worked diligently in the best interests of the Company and have tabled propositions that, if accepted, would enable the Company to progress and have the opportunity to deliver maximum value for all shareholders. We have executed CDAs and conducted detailed due diligence into all activities undertaken by the Company. This work has been undertaken over a considerable time and involved an extraordinary amount of time and effort.

Lexuss and his associates have undertaken no serious due diligence in co-operation with the Company. They are unaware of the findings of our due diligence and in our opinion are relying entirely on unsubstantiated hearsay.

Lexuss and his associates are unaware of our propositions which would have become public within a day or so.

In the event that our propositions are not accepted, then when published they will be cause for great embarrassment to Lexuss and his associates.

We disassociate oursleves entirely from any and all activities taken or planned to be taken by Lexuss and his associates.

Oh dear. ;-0


Not visited the zoo today; that should really put the cat amongst the pigeons, jeffmack. There's a real chance they could go bust then ............. from the man himself.

Thanks for posting it.

PS

Always wait until the outcome of an uncertain position is known might be a good lesson here. We'll see.

I believed/sure there would be good news tonightit will have to wait for tomorrow nowa few on here dont miss a trick to cause troubleno harm doneRT playing every trick in the book to save his arseAndy remember what you saidlet us see who is right!!!
People to see... places to go tomorrowso I am not ducking the barragehave a nice dayIm up at 5-30


B J Muncaster - 10 Dec'08 - 23:02 - 20328 of 20334

Lexuss has been gracious and called me.

I have accepted his word that he is not attending any meeting tomorrow and I trust he has accepted mine about various matters we discussed.

This whole situation has been driven by misinformation and yet again one has to ask who it is driving an agenda seemingly aimed to disrupt positive activities. It's clear to me that Lexuss and I have common interests in seeing the Company develop.

A far as I am concerned the matter is at an end and I unreservedly apologise for any remarks made by me about Lexuss that were based upon misinformation provided to me by others.

There is a meeting tomorrow, but without Lexuss in attendance I have no concerns about the outcome.

Well I do wish all holders the best, I really do.

But as far as BJ is concerned, his has been the most disruptive presence of all in the MDX forum.
Wouldn't trust him further than I can spit - and that's worse than my juggling.

Oh dear, more dropped balls.

I guess they are very close to the edge


B J Muncaster - 10 Dec'08 - 21:27 - 20111 of 20432

Wishing4,

For the umpteenth time, the CDA in January was onerous and not necessary because prior to it being signed I was told that my approach would be rejected. So why sign it and be restricted uneccesarily?

The current CDA was signed to enable me to gather information required by funding parties, and therefore in the mutual interest of the Company and all shareholders.

Scrutes latest


SCRUTABLE - 11 Dec'08 - 01:49 - 20410 of 20472

Those who are stary eyed about BJM and what he stands for may be being carried away by despair at their losses, and are now indulging in wishful thinking. It is important that you keep your feet on the ground and focus only on the facts.

BJM has been here before. Originally he was CEO. Between 1999 and 2003 the company LOST $27+m I repeat $27+m
http://www.secinfo.com/d14D5a.13Jxt.htm#1stPageAround 2002/3.

BJM had to stand down but was instrumental in getting his close friend Graham Hind elected as replacement, and continued to act as a 'consultant' calling the shots at arms length. A good question is to ask him if there was any loss of income from the change.

Listing on AIM in May 2003 BPRG then raised a further 5m followed by 6.6m five months later in December, but in consequence of a daft strategy, the company earned no regular income in the UK, and apart from a floundering acquisition of Aquafilm in Tampa, received only one or two sums of 100,000 for options to acquire a licence.

An attractive profit forecast was made around the time when GH sold a substantial number of shares 'to pay for his daughter's house'. This was followed after an indecently short time by a profits warning, and was naturally badly received. That year, the company lost 7.1m but immediately assured investors it was in sound health.

A month before the company would have gone belly up, GH was replaced by RT and the rakes progress was brought to a halt. Overheads were immediatel cut by 1m/month, involving termination of BJMs exhorbitant consultancy fee, and GH's also exhorbitant travel expenses.

The company was then gingerly nursed back to health by Dec 2006 and showed cash balance of 6.5m. A year later we had the Aquisitek approach unbacked by shares owned and the cash outflow increased, accelerating after the CEO, then RT, was engineered out of office without explanation.

Surprise surprise Barry is now back claiming executive control of the board in cahoots with the 2 Ks.

Do you really want a repeat of the brilliant strategic thinking dominating the company before 2005?

And more


SCRUTABLE - 11 Dec'08 - 02:44 - 20416 of 20474

The previous post was all my own work.

I have not read this thread for a few days, but see that the collective madness is building up and seems close to getting out of control.

None of it comes through the umbelical cord, which it has been put about by the paranoid, that I am supposed to share with RT - just because I have lived in Wimbledon for 50 years.

I have never spoken to lexus. nor did I know his real name until today

I do not like directors or consultants who abuse their position in public companies to syphon off money not in their contract. Nor do I like professionals who post here as fellow shareholders but have taken substantial sums of money from the company but have never declared their interest.

I am particularly intrigued with the increasing shortage of cash at MDX this year despite the amounts originally in the bank, and since earned or raised. Noone in the company seems to be able to account for it.

I have been posting lateral and disturbing thoughts re this company for five years long before RT came in and saved its budget but went on to upset people by his lack of empathy and human psychology. He certainly upset me at two successive AGMs and on subsequent occasions, but I always admired his brilliant marketing strategy (NOT his marketing skills). So much for my objectivity and partisanship

I have clashed with Barry before, notably because of his ignorance of international marketing, and his contempt for people who know more about anything than he does. I am curious to know how good is his relationship with the two Ks.

I do not believe that the current stand off is at all concerned with stopping the sale of Dexo if it is the only quick asset available. I do believe that the company is selling the high margin business to rescue the low margin Melbrosin. I imagine that Melbrosin was in a great financial mess when acquired; that it has taken more of its share of MDX resources than the Rx side has done; and is in better shape now. It would be strategically preferable for several reasons to sell off Melbrosin rather than Dexo.

Anyone who is confident of information to the contrary is welcome to convince me. I am as easily impressed with facts as I am contemptuous of a personal agenda full of spin.

Finally I believe that the company's IP is worth many , many times the current cap.
The FMC contract must have matured substantially over the last three years. With a management capable of making high margins and growing operational cash flow this company is still worth backing. BJM has never remotely shown that he can deliver this.

Edited by Jonathan @ MoneyAM - while (subjectively) amusing banter, not really suitable for a bulletin board of this calibre.

Gausieme to!.I think bouncy has gone back to work on his castlestill life goes onoff for a glass

Edited by Jonathan @ MoneyAM - while (subjectively) amusing banter, not really suitable for a bulletin board of this calibre.

Edited by Jonathan @ MoneyAM - while (subjectively) amusing banter, not really suitable for a bulletin board of this calibre.

LOL!

Can still see from my castle, numbskull - always could. You truly have no idea, Tabatha. ;-))))))))))

I see Barry is losing more and more supporters tabby. Looks like some of them aren't as thick as I first thought.

Still going bust though.

Two very important post that those really interested in mdx should read and take note.
For all others on this bb that really know very little about mdxand own no sharesyour comments mean zero.

I_AM_A_WALRUS - 11 Dec'08 -

All...Well this post is ending up somewhat different than I thought it would, but here goes -

Lexuss - While I applaud you finally calling Barry I find it perplexing that you would not engage in ANY conversation.

I wished to exchange honest information and a point of view that I felt would be quite important if you were involved in "representing" shareholders through the 121 Group.

To my surprise and dismay SBP could not persuade you to even entertain a short conversation with me. Past experience causes me to have serious doubts about motives when even a discussion is eschewed. That said at least you finally spoke with Barry and I feel that was quite smart on your part.

If you desire MDX to prosper and grow as a listed company using our proprietary IP then you share my goals as well. In fact when it first became apparent that MDX had "potential bidders" I became active in preparation of a strategy that would keep MDX from being delisted IF it were to be bought; for I and others I know would be quite disappointed to see MDX go private.
I want to say for the record that I have known BJM for nearly a decade now and I KNOW how he responds to protect shareholders when the chips are down. You see I was there when payroll would not have been met if not for Barry, Larry, Graham, and Malcom putting debt on personal property and credit cards to keep the dream alive.

I was there when it was so bleak and Dr. T.O. lent the company over 1mill because he believed in the company officers and the company IP.

Most don't know it but I was there when payroll was met because poorold and I helped raise money for the companies Private Placement, without these funds the AIM would have been but a dream.

I experienced how he went to GREAT EFFORTS to keep ALL shareholders whole when the move to the AIM was executed. Trust me he could have blown off us all and it would have been easier; but Barry actually feels accountable to those who invest with him.
I cannot comment on Gary Cressman's integrity in the same fashion. You see I know what Barry WILL do because I have seen WHAT he DID. I do know Barry feels Gary to be of impeccable character, and I get that impression as well. He IS incredibly astute and for FREE you (US/WE) are getting more quality financial analysis than what we were provided by HL for a fat fee.

I do know when the whole story unfolds (and it will) you will see just how treacherous RT was.

I have been quite proud of the MDX PI's this year, at the AGM we showed that the small investor CAN make his/her voice heard. We PROVED that united we can prevail. It is for those reasons I think communication through the BB's and groups like 121 are productive.

Unfortunately, 10,000 chiefs makes for a real cluster f*ck, and that's what is happening now. Barry and Gary have worked hard to get a grip on how to get our share price back where it should be, and much of that work could be easily undermined by 121.

I am of the opinion the BOD would like to see MDX fail, and their actions/inactions belie the point. The simple answer is accountability, it is real and it is serious. I think the course they will take if given the leeway would be to delay as long as they can engaging ANY plan that would turn the company around - they have NO incentive, thus is the danger of giving them an EXCUSE.

We don't have extra time right now; we need clear concise execution of a plan of action. If an EGM is needed to get this done my fear is the BOD could run us aground on purpose. I for one cannot accept that risk so I implore 121 to stand down and Co-ordinate rather than obstruct. If 121's actions force an EGM then I have to say they will have done us all harm and will have made their existence a problem rather than a solution.
I pray that is not the 121 Group's real goal.

FWIW

Walrus
------------------------------------------

poorold - 11 Dec'08 - 04:10 - 20419 of 20810

I know the bulletin boards are are mostly a crock of shit.

but ask yourselves the following questions...

1. Who has provided their contact information and offered to answer your questions?

2. Who has provided their address and invited each of you to stop in and talk to them about Meldex?


Only one person. Barry Muncaster.
Who stood up at the AGM and said they loaned their personal money to Meldex?

Gary Cressman.

Who posts on these bulletin boards and tries to tear down the openness of Barry Muncaster and Gary Cressman?

wheelbrace1, wishing4 and a couple of others. All of whom REFUSE to provide their personal details and contact information and the sole intent of their posting is to have you, the PI, believe that Barry Muncaster and Gary Cressman are trying to steal from you with some nefarious scheme.

Well, ask yourself this!

If wheelbrace1, wishing4 and others were "real" and had valid comments to make...why wouldn't they declare who they are and agree to an open and honest discussion?

instead of posting behind usernames on a fucking bulletin board and trying to convince you that they are trying to "help" you.

the answer is clear to me.

TLFBT and others may go to JAIL for what they have done to us and will go to any length to try to stay out of jail.

period. end of story.

YOU can go talk to Barry Muncaster or Gary Cressman just by calling them up and making an appointment.
But you can't go talk to wheelbrace1 or wishing4 or any of the other "new posters" trying to influence you.



Does it get any more clear than that?

too fucking bad the BOD was, even today, taken in by TLFBT's opinion on things.

for now, they too will pay the price for BREAKING the law and their lies and deceit to shareholders.

ps.

Scrutable, my parents are about your age and I see firsthand how they are potentially manipulated because of their "trust" in humanity. I step in on a more regular basis lately to ensure they are not "conned" by the leeches out there.
I only wish you had a son or daughter who was capable of doing the same for you.

It would save you a lot of pain, because you are certainly confused right now. My best wish for you is you fall further into dementia and do not realize your ignorance.

Barry becoming an also ran by the look of it tabby ... oh and well said choccy :-)

Are you one of Barry's cronies tabby ?

Off to watch Bad Santa Channel 5 with the kids now , you should too tabby it may relax you.

It's all starting to look dismal over in the zoo judging by those 2 posts and if Tabatha really thinks this would sway anyone, I'm astonished.

Why would anyone believe the kind of post that states, on a public BB, that "we are in the know"?


What will save MDX is funding, that is a fact. At present there isn't any and they are taking an awful long time trying to get it. Without it the company is plainly bust. If they get it, then good and they might be worth investing in.

Until then, forget it!

At least they are edited now