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.

And do you not think you should post mike's reply to Barry's b*llox tabby.


Everyone can now see they are being shafted by BM , nothing new there then.

Good morning all>

BouncyI see you milked your day ratenine oclock?did you decide on a red bouncy castle or a yellow onetwelve hours at?does the agency pay you much more than minimum ratecould be as much as a ton?
The little Scotsman with the orange freckles has got very personalso let me answer your post thoroughly bouncy.first>

Every one of the above is complete garbage, Tabatha, particularly the "honest" bit. You have freely admitted you arrived here with the sole intention of helping Scottie boy by "supposedly" planting a post

AnsweryesI have made no secret of that factScotty was being bulliedhe had strong beliefsmany correct...and proven so in the UK's currant disastrous positionand I stated many times I exterminate bulliesI/we have planted many postfactit does get a responsive story contentand in double quick time.you showed your position before the ink had dried so I am honestnow that wasnt difficult was it?or do you need to consultday rate of course!


remember that first one about sinking your whole pot on this pile of crap? And to psot on here incessantly about your "great life"

Answeryes.I had a number of investments at that time as was statedand I still dobut I did sink a good proportion of my then available cash pot into mdxI also believe I gave you a total of my investment pot as well as stating mdx owes me very littleand yes I do lead a great lifeand appreciate every minute of itso I am honest again.I fear you do not live such an idyllic lifeyou struggle to convince in your ability as a wordsmith!!!

hardly smacks of someone wishing to lead a private life

Answerdo you know where I live?do you know my name?do you know anything about my children?do you know anything about the rest of my familyother that I told someone on here that I lost my dear and loving Mother to C do you know any other nom de plume I use not even the BBs or most other information sites.. hold my personal information my good friend helps me out so yes I make sure I live a very private life...so I am honest again...

probably the most imbecilic individual to ever arrive here. You can't spell even the simplest words and your grammar is absolutely atrocious

Answerwhen have I ever classed myself as anything other than a thicko.albeit a very lucky thickoyou see I can admit my faultsyou struggle a wee bitI also do several jobs/play at the same time and flash through postsI make plenty of mistakesand talk street talkyer sowat.so I am honest again... I could psot on here incessantlybut I dont get time to decipher!!!

Bouncy.lay off the Heliumyou are one silly cnut

Just to finish off as I do have other play>

longj0hn - 19 Aug'09 - 14:23 - 16458 of 16645

Andy
FYI I never post on MAM and I only occasionally read it, whats the point, there are only a couple of Meldex holders who post there who are continually ridiculed from posters who, like you who don't hold, Its enlightening to read the sniping that goes on over there though

Johnthey ridicule only themselvesand make a very good job of itkeep up the good workand dont tell Dilwho holds one share your previous user name.

mad mike - 20 Aug'09 - 12:15 - 16693 of 16734

Lynxboy(#16644), you posted:-
"...I would think however that given the nature of this latest 'debate' that an explanation from the duo that they will not benefit by double from the drop to 2p (with supporting figures) would go a long way to assisting."

If Barry or Gary gave a commitment similar to that, it would be the end of the matter [actually I've always said approaching double, not "double"]. I have give Barry every opportunity to do so, both privately, and on here, and he has not done so. That is the big issue as far as I'm concerned.

However, Barry does know, that on vesting, his personal option profit will have almost doubled, just as a by-product of the SCLN conversion drop from 10p to 2p. I know that for a fact, as that is what the figures in his own spreadsheet show. Namely [using the four examples of fund raising in Barry's spreadsheet]:-
- 6M SCLN raised: 65% increase in Gary/Barry's net personal option profit
- 8M SCLN raised: 71% increase
- 10M SCLN raised: 98% increase
- 12M SCLN raised; 131% increase

[techie stuff(most can skip); theses figures are very similar to those in my spreadsheet. Any difference is primarily due to a couple of technical differences i) whether allocated options should or should not be included in the shares in issue, before determing the eps vesting criteria, & ii) mine allow for SCLN interest compounding]

Barry/Gary expect to have options of over 10% of the companyso what.they have more money than most at risk.they are working for nixiethere would be no company without themthe only other players.Dils choice walked away.Barry/Garry could have asked for what ever they wanted.but kept it acceptableus investors are the remuneration committeecast your vote carefully.thank Christ the gang cant vote

Bouncy.extra hours again today.all at lovely day ratedidnt the man in charge allow you on-line.still only another four hours and you will be home with your ZX Spectrum I will look out at about nine?just off to the west wing to watch athletics and have a drinky poos....toddle pip

Hangon didnt I have you personally heading a Members Committee for expenses to make sure we all get a decent French Wineyou are due for promotion my son!
Not clocked off yet bouncynot quite as quick as Bolty.

Good morning all>
Dil I wont embarrass you with your ADV.. Post 16878 further accusations towards Barry
And his replyPost 16881 but you can certainly post them up on this thread for the gang to see.and I thought you a little unfair calling Jeff scum>

IMO rob , given the state you have got yourself and your mates into wouldn't it be at at least worth listening to what jeffmack has to say .... even if he is scum

Back to the man with the patience of a Saint

--------------------------------------

B J Muncaster - 21 Aug'09 - 06:13 - 16883 of 16887

To get a full picture of my exchanges with Mike, I think this email sent to him at 10.58 on the 19th should be considered.

Morning Mike,

Yes, I do get this bit:
"At low takeup of the SCLN right up to 6M SCLN, then you only need 6M EBITA to vest, as the resultant eps is GREATER than 0.95p. So your options vest as soon as you hit 6M EBITA.

At SCLN take up from approximately 7M up to 12M, because of the increase in shares, you need MORE than 6M EBITA for your options to vest, as EBITA at 6M results in an eps LESS THAN 0.95p. So your options won't vest until your achieve an EBITA sufficiently greater than 6M such that you can hit 0.95p eps."

And that's precisely my point. The bit I don't get is that I don't think you've made it clear to readers of your posts that we have to beat 6M EBITA if the take-up is greater than the minimum sum. The current deal requires us to make significantly more EBITA for the options to vest if the SLN take-up is decent, whether by cash or by debt settlement. We're encouraged to minimise dilution and to do so with less cash than we really want. We're encouraged to be tough with creditors. Our risk, and it has to be considered, is that we get close to the EBITA target but don't quite make it. In which case, the Company will be doing OK and have value, but we'll have no upside from our direct involvement at relatively low compensation (none thus far) and our current positions will have been heavily diluted in the process. Gary has continued to provide working capital as and when needed and not on any preferential terms, So he has stepped up and that's the reason we're still alive and kicking. If we hadn't succeeded in getting this far, we'd have lost everything from our existing positions, plus new money, and worked for sweet FA for close on a year in my case - I was full time trying to sort this out from last September.

In short, if shareholders have a problem with our options, then they can make our position more difficult to achieve by subscribing for more SLNs, which would be fine because that would be best for the Company, it would enable averaging down, and offer a big upside if we achieve our goals. Participants have just as good a deal as our option package. They'll be in the money at any time north of 2p and can exit any time they want regardless of EBITA per share.. If we hit our targets and make it to 10p then we all do equally as well. We still have to pay for our position, i.e. 9.26%, and SLN participants have the opportunity to buy around 60% of the Company at the same price as us.

Taking everything into account I think our package is a reasonable risk/reward job. We'll have to disagree about how it relates to the earlier proposal. My position is that it didn't work so it's irrelevant. And it's not true to say it didn't work because it was pitched at 10p. It hasn't worked as we wanted at 2p. So talk of 4p, 5p, whatever, is irrelevant too. We've made it tied to EPS which is what everyone wanted.

Best wishes,
Barry

The key points, I believe, are as follows:
If shareholders don't support our proposal and we only receive enough cash to keep the business going on a shoestring, which makes our job that much harder, then our options vest at 6M EBITA because the EPS of 0.95p per share will be more easly achieved.

If shareholders really do support our proposal to the maximum, then in order for our options to vest we have to achieve EBITA well in excess of 8M.

So the ease or difficulty at which our options vest is determined by the level of support we receive from shareholders.

It's entirely possible that we could be generating north of 8M EBITA and not have the options vest.

My disagreement with Mike is twofold:
Even though his spreadsheet does show the increased level of EBITA we have to achieve at higher subscription levels, he didn't make that point clear in his writing. He relied on the fact that readers would analyse his spreadsheet. I doubt that many did so. So a simple statement to that affect would have been useful.

His arguement is tied to the original 10p offer. He thinks it still should be tied, and I don't. Shareholders rejected that proposal. Shareholders had the choice to accept the compensation package and decided not to.

Saving the Company with less cash than we hoped for will be more of a challenge than we planned. It could take longer than we hoped, and it could require a lot more effort and risk on our part. We have not increased the salary packages (and don't forget we have no other benefits, no car allowance, no health cover, no pension, nothing). If shareholders can find management to take on this task for the same packages, then let's hear about it.

To say that I've tried to pull the wool over shareholders eyes is offensive.

Feel free to post what you want tabby , BM just came out with more waffle and sh*te like he always does when the post was directed at rob.

And as for the jeffmack remark , go buy yourself a subscription to the traders room and you may then understand if your that concerned , I'm sure jeff did :-)

Oh , and you forgot to post his exchange with Mufprat which he lost and mikes reply to the above crap.

It made me giggle :-)

Good morning all>

Dilyou ask me tobuy yourself a subscription to the traders roomwhy would I do that?my room is much more luxurious must be all you traders are always in itand let us think a little about the difference between traders and investors.
Investor sounds so much more distinguishedwhere as trader sounds like someone that works in a second hand car lotday rate and all thatno I am definitely an investor and proud of it.
So as we have the car connectionlet me put this scenario to you Dil
Just before last Xmas there was a raceyou had your Mondeothere was a Lexus and a Mercedasyou definitely wanted to race with the Lexushated the Mercedas driverthere was an awful lot of responsibility riding on this raceincluding 7.2p of your own financesas the green light went out the Lexus stalled on the gridthe Mondeo had to start from the pit laneas the mechanics had run out of gaffer tape
Come the first lap the Mercedas had raced to an unassailable lead and hadnt got out of second gearthey were flying.
The driver of the Mondeo got out of his car at the end of the pit lane after losing yet another wheel trimand started to scream in an incoherent manner.and screamed.and screamedstop the race
Several marshals went to assist the little Welshman and listen to his complaintthe Mercedas diver is not a very nice manhe was banned from driving several years ago for being half a glass of wine over the limit while driving home from a childrens charity event.he should never be allowed to drive a car againeven if it means me losing my 7.2pthe race should have gone to Lexusso it could have been voided and we should all have lost.fares fare!!!
Needless to say the marshals taped the little Welshman wheel trim up and told him to piss orf
Dil I am a self confessed thickoit took me right up until I was three before I could read or writeand four years three months to master complex multiplicationIve come a long way since then. Please listenwhatever amount of money is raised the company will continueyou can talk it down in the most desperado mannerit wont make diddly squat differencethe race was set to continue from the day Barry/Garry took the wheel.second gear will soon be third fourth fifthsixth and cruiser control.I have been told from the race organiser.
Im off to Sandown shortlyif you are around Dilyou will easily spot meIll be the one everybody is talking to.
I will leave you with a quote I was sent from one of your car dealersI will let you work out who it is...

The clue is .he works on day rate

My worst ever loss was almost 10k in 8 minutes. Go figure, son.

Hhhmmmmmmmmm. Betty..nicewas she worth it?.now thats what I call a trader!!!!

Could be worse jeff , I could be a West Ham fan ... they really are scumbags.

Maybe just me I dunno! (Big Al exempted), to consider posting on this thread is the requirement to be high on 'waccy baccy' or would just mind bending drugs be suffiicient? :-)))

Dil
My lot got them Tuesday

roflmao ... and you had the cheek to call my lot scumbags :-)



Chris ... its only tabby that's flying high as a kite unlike his investment

Ok Dil, take ur word for it! :-))

Good morning all>


Chris Carsonjust two quick questionsfirstlyis that a new nom de plume you are usinggreat racing name. incidentally Chriswe have Chris ThorntonChris RutterChris Catlin.and of course Chris Munce the Australian jockey who was jailed for 30 months in Hong Kong for giving inside and illegal informationanyway I digressAre you a revamped gang member?.bouncy for instanceyou silly cnut!

Second question isif you believe we are all high with the exception of bouncy on mind bending drugsI would challenge your state of mindhis famous quoteMy worst ever loss was almost 10k in 8 minutes. Go figure, son. equates on day ratefor an eight hour day with no tea breaks to a 600,000 lossnow Chris no disrespectbut if you class him as the sensible oneI would saygo figure son

BTWthe odd spliff at the right social event never done anyone any harmjuiced up Welshman that cant hold their boozethen come on here writing in Swahili is a different matter.I done a few quid yesterday bouncyall in a good cause.

Now bouncy please repeat and write 100 times.I really must do better if I am to beat that thick lucky git!!!!

toddle pip.

jeffmack- 22 Aug 2009 11:20 - 7943 of 7946
Dil
My lot got them Tuesday
------------------------
Jeff .sorry to hear thathow is the family doing?.was it the measles?

tabasco - Hard to believe I know, but this is my real name, not ashamed of it and have no desire to change or disguise it. In answer to your second question apologies to all posters on this thread with regards to my comment on the use of mind bending drugs, however feel they would be a marvelous aid in attempting to interpret and possibly (though doubtful) understand what or why you are wittering on about. Cheers! :-)

How the scumbags get on .... not your lot jeff , the real ones .

Bet the Counts happy :-)




tabasco - 23 Aug 2009 10:32 - 7947 of 7948
jeffmack- 22 Aug 2009 11:20 - 7943 of 7946
Dil
My lot got them Tuesday
------------------------
Jeff .sorry to hear thathow is the family doing?.was it the measles?





Tabby your getting desperate mate , your being well and truly shafted. Gone from copying posts out of context to copying then rewriting posts.

Dilhow sharp are you?.not a Wilkinson thats for sure!!!