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.
Big Al
- 28 Jul 2009 14:24
- 7721 of 8631
I'm sure you're the only incompetent prat who can read it like that. Answers my 7717, though. Thanks! ROFLMAO!
Big Al
- 28 Jul 2009 14:25
- 7722 of 8631
OK, which one best describes Tabatha when he's on the table?
> Five surgeons are discussing who were the best patients to operate on.
>
> The first surgeon says, 'I like to see Accountants on my operating table because when you open them up, everything inside is numbered.'
>
> The second responds, 'Yeah, but you should try Electricians! Everything inside them is colour-coded.'
>
> The third surgeon says, 'No, I really think Librarians are the best; everything inside them is in alphabetical order.'
>
> The fourth surgeon chimes in, 'You know I like Construction Workers. Those guys always understand when you have a few parts left over at the end, and when the job takes longer than you said it would.'
>
> But the fifth surgeon shut them all up when he observed, 'You're all wrong. Politicians are the easiest to operate on. There's no guts, no heart, no balls, no brains, and no spine, and there are only two moving parts - the mouth and the arsehole - and they're interchangeable'
Big Al
- 28 Jul 2009 14:43
- 7723 of 8631
This post by Edmond is very good, I think.
EdmondJ - 28 Jul'09 - 10:04 - 12246 of 12396
crawford - 28 Jul'09 - 09:07 - 12230 of 12231
eakin,
I'm sorry to see you go, I don't believe you are a lightweight by any means, we need people asking questions as it's clear the silent majority didn't take part the first time.
Most likely, the lack of participation was a mix of: insufficient numbers/projections, to figure what Meldex could be worth; Bridge (and others?) holding back from a commitment to roll into the 10p equity conversion rate; and a strong probability of the shares trading at a discount to that, for a while.
Now that it appears the creditor rollover terms involve 2p equity conversion, it is apparently prompting a rush to avoid severe dilution. At this level however, it does effectively create a write-off for those investors significantly exposed, say at 30p+, who would be better off selling their shares entirely and starting again (if Meldex is judged worthwhile, in terms of ongoing newsflow), utilising a tax loss against portfolio profits (assuming you have or will have them).
At 2p a long-termer could still be incentivised to participate in the SLN since it would protect against any upside (say in the event of commercial good news announced) while dumping the existing holding to secure the tax loss. However the more who do this, the greater prospect of a chaotic after-market which could encourage hard-bitten cynical holders to wait for that.
Fair enough, if 2p is Bridge's assessment of what Meldex equity is worth, including the necessary risk premium. But besides this short-term market issue it compromises long-term upside in Meldex equity when you have 500m to 800m shares in issue. Profit growth would need to be impressive indeed, otherwise Meldex will be branded in the high-risk penny share league for a long while.
Hence on consideration there is a practical case - both in the short and long-term - for a compromise conversion rate of about 5p.
The terms of the offer, requiring shareholder approval, have always left this 'negotiable' until agreed.
tabasco
- 28 Jul 2009 14:49
- 7724 of 8631
The women surgeons wouldnt operate on you bouncyfar to crudand thanks for confirming how good you are at scamming people
Big Al
- 28 Jul 2009 15:01
- 7725 of 8631
"far to crud" - Must be some form of foreign language. What is that?
That now gives me another answer to my 7717. First you can't read, now you can't write. Unfortunately we also know about your poor decision-making as well.
So, we've proved in a relatively short space of time that a "Yes/No" question is beyond you. So's investing!! ;-))))
Big Al
- 28 Jul 2009 15:07
- 7726 of 8631
I think it was Treble who described MDX as a Ponzi scheme. Spot on:
longj0hn - 28 Jul'09 - 13:19 - 12324 of 12415
figure6
How good of an idea do you think it is if the 2p conversion is voted out
Borrow 2.5k from a bank at 20% then lend it out for 4.5%, still think that it is a good idea ?
figure6 - 28 Jul'09 - 13:31 - 12328 of 12415
Wake up longjohn and others.This SLN is being raised on the back of a 2p conversion.If at an EGM it is voted down then most folk who took up the SLN will cry mis-led,wheres my lawyer.Come the EGM it will be made clear that there are 3 options,2p conversion,private placing (at probably 1p or less with none of us participating)or administration.Take your pick.Borrow 2.5k and join in for goodness sake.
The discusion this after noon seems to have extended along the lines of the above posts. As Gausie said "Fascinating" anf a joy to behold. How can so many eejits end up owning a small amount of 1 outfit? Brilliant!
jkd
- 28 Jul 2009 15:11
- 7727 of 8631
BA
how have you confirmed you have scammed anyone? as i recall it was t who suggested it in the first place and you answered and referred to it as 'so called'. and you have been proven right, i think everyone who reads this thread knows who the real scammer is, and it AINT you. LoL
regards
jkd
tabasco
- 28 Jul 2009 15:11
- 7728 of 8631
Not a foreign language bouncyits the same as being far too thickonly dirtyyou do work in crude dont you? and you are certainly thick..not a bad scammer either...
Big Al
- 28 Jul 2009 15:22
- 7729 of 8631
jkd - yeah. Reading not Tabatha's strong point.
Now, I'm thinking figure6 might be Tabatha over the road. The following post is definitely almost as jumbled as his. Brilliant! ;-)
figure6 - 28 Jul'09 - 14:40 - 12400 of 12429
The Bull,its an SLN only at the present and it doesn't look like we are going to get any info on conversion.Personally I think the 2p conversion votes are already in the bag but I accept I tend to be over optimistic.(I also would be happy to convert at 10p,2p-10p is fine, I just would like a conversion option between 2p and 10p).
tabasco
- 28 Jul 2009 15:23
- 7730 of 8631
And up pops Mr. ManwaringJKDlisten carefullyI shall say this only oncebouncy has no standing in any MDX debatehe openly want the company to fail..and people to take painopenly admits this and he holds no shares.taking that into account he has been telling everyone for their own goodmove on.this company is deadthrowing good money after bad.and so on and so on and so onthen he comes up withI presently have no financial interestwhich indicates if he can push the value down still furtherhe might well buy .now I would say that is practically scamming all the good people of MDXwould you not JKD.silly question.weather is nice here in Kent
tabasco
- 28 Jul 2009 15:28
- 7731 of 8631
Big Al- 28 Jul 2009 15:22 - 7729 of 7730
Now, I'm thinking figure6 might be Tabatha over the road.
Just like the true thicko you areguess everyone on ADV.. Then chirp you were rightwhere have I heard that before?
You are still not right thicko!
tabasco
- 28 Jul 2009 15:35
- 7732 of 8631
Wheres Potty gonenot sitting on it is he?
jkd
- 28 Jul 2009 15:35
- 7733 of 8631
t
he might well buy say you, it is highly unlikely say i. both are conjecture. lets put that to one side and face facts............
such a shame they took the mickey out of the original series as i actually enjoyed it, it was fictional but such things did actually happen, lots of very brave people,
regards
jkd
Big Al
- 28 Jul 2009 15:35
- 7734 of 8631
"I shall say this only once" - wrong programme, feckwit. Jesus Christ.
Tabatha - the share price has not been "pushed" by me or anyone else here. It did it all on its lonesome because the majority sold out as it fell to the likes of you. Also, the likes of you, who have not subscribed to the SLN, have now managed to probably get it to 2p. Well done!
Now, I seem to remember the "no dilution" brigade fighting a fundraising deal last year. What price was that again? ;-))) Now it's s**t or bust. How to destroy a company in one easy lesson.
Next time you pick a company to invest in I'll pay for the shovel. You're a shorters dream, boyo.
tabasco
- 28 Jul 2009 15:46
- 7735 of 8631
If he might well buydont rip the company to shreds on these BB for an ulterior motive I sayif he is highly unlikely to buy dont suggest otherwise you should say.unless you like contradictionooopppps
Thicko........ who says I must stick to one programthose are not the rulesoooppps put another one in there.
jkd
- 28 Jul 2009 15:50
- 7736 of 8631
t
you need help. end.
regards
jkd
tabasco
- 28 Jul 2009 15:52
- 7737 of 8631
JKDare you volunteering?
Gausie
- 28 Jul 2009 15:58
- 7738 of 8631
Tabs
I'll bet whatever medical condition you're sufferring from is really difficult to spell.
tabasco
- 28 Jul 2009 15:59
- 7739 of 8631
JKDif they brought back Dads Armydo you think bouncy would make a good Pike?he does like fish
Big Al
- 28 Jul 2009 15:59
- 7740 of 8631
I think I've stated before that it's always possible to buy into MDX if it gets re-listed. This would be when it is proved to be a better buy than when you piled in there with the price falling off a cliff to almost certain bankruptcy, which many correctly forecasted.
It's not rocket science to most, Tabatha. We know it is to you though son. ;-)))))
I think I've also stated before I'd love to see it go bust, or at least private, so you lose all your money. I've never hidden this motive. ;-))))) BTW, it is still an option as the SLN is not away yet!!!!!!!! LOL!