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.

Is that all you've got? Sad.


EDIT - it's "syndrome", dickhead. That's also a medical condition. ;-))))

You know, there's one thing that increasingly troubles me with this conversion thing. Originally it was 10p yet as soon as the dire response became apparent, it was all over the BBs as 2p. When comparing this to the suspension price, and it's likely further fall at the time, why position it so high? On what premise was 10p chosen? It seemed illogical. Was someone trying to chance their arm with an opening gambit?

The immediate repsonse was then to go to 1/5th, yes 1/5th, of the opening shot and propose a conversion at 2p. This is a huge difference given what is at stake ultimately. It doesn't sit right with me at all. A big piece of the picture is missing and it stinks at present, especially when there are no accounts (as Dil has constantly requested).

"Thick posters syndrom"...........
Big Al 28 Jul 2009 16:10 - 7743 of 7743
Is that all you've got? Sad.

You and Gausie are enough for one daynot forgetting JKDalright I will forget JKD

Bouncy>

Whats an immediate repsonse not one of those foreign things you were on about earlier?

Either someone was chancing their arm or someone made a huge misjudgement of what was possible. It doesn't engender confidence either way, does it?

;-)))

The end of a twelve day ftse winning streakand I still make moneyplaying and laughing all daythe boys a genius!hows the fishing bouncy? did Gausie have PE today

First winning day in 12, Tabby? ;-)))))))))

You needed a change of luck...well done....

Actually, I spent the day in hospital in Kent. I have a window overlooking the psychiatric unit. Was nice to see you Tabs.

GausieI do hope you are not badly terminal

Cataractok?

Somene posted earlier today that in mid November Barry thought that Mufprat was Richard Trevillion.

Sharp as feck , nothing gets past BM lol

The name fits?

lol you were telling me how wonderful he was this time last year tabby after I suggested he was a clown for calling international accounting standards "nonsense".

You'll be slagging BM off this time next year.

Blimey, now Edmond agrees with me. ;-))))


EdmondJ - 28 Jul'09 - 16:59 - 12480 of 12493


aflynn,

Anyone could still buy in the market though.

What was perturbing was how the directors initially saw 10p as a fair medium-term benchmark, all things considered including IP, but 2p allows 'basket case' critics to laugh and the fear be affirmed, creditors have the upper hand.



It must be frustrating for the likes for Tabatha to be in a position where he has to cough up (or let someone else do it!!!!!!) in order to stand even a chance of getting a small amount of his dosh back. Fortunately those on the sidelines who saw the light, stopped out or were smarter anyway, can bide their time should this show light at the end of the tunnel.

God, it's hard being right all the time. ;-))))))

Dil - Tabby would be friends with anyone, any time if he thought they'd get some of his dosh back. LOL!

PS - below 5p a certainty now Tabby. We were right again, even though the original forecast was rather toungue in cheek (from me at least). ROFLMAO!

mad mike - 28 Jul'09 - 17:00 - 12481 of 12493


I've now spoken to Barry.
- Barry isn't going to reconsider the 2p conversion price, to something higher like 4p
- given the lower takeup than expected at 10p, and the limited remaining time available, the company could not afford, a second time, to get the price wrong again
- so the conversion was set at a price that could almost guarantee that 6M would be raised.
- the 2p price has caused a rush of interest for applications since Saturday (but to be fair, there was also a substantial call for application at 10p, but the vast majority were not followed up)
- once 6M is in the escrow account, Barry will open negoitations with valid creditors, from what he sees as a greater position of strength.

Although I'm grateful to Barry for his time, it hasn't changed my opinion much. I still think there is a significant risk that conversion may not be approved at the AGM, and still feel 2p is too unfair to shareholders without easy access to sufficient cash to avoid significant dilution. However, I must conclude, it is now too late for shareholders to do anything about it (other than at the AGM).

Of course if the 6M isn't raised there won't be a vote at all. Clearly raising the 6M is the priority for all shareholders, whether they have funds for the SLN or not.

I'm sorry for those that may still feel disadvantaged. I tried, but failed! Doh!

It won't relist any higher than 1p mid if it survives Al imo.

I think you're right. The 6m is to survive MINIMUM, lest we forget. How then do they drive production, etc, etc ,etc?

I think we had this discussion when it became apparent how little the KKs had raised from flogging however many million it was last year. It was obvious things were dire, they still are. 6m would satisfy creditors ................... than what?