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.

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!!!

Scumbags lost Cardiff won ... I'll take that any Sunday.

PS try Gillette , much sharper like me , but most on here don't read the crap in the zoo so either post it as it is or forget it.

Right, what's the story on the SLN? Did she make it or is it a U-bend jobbie? ;-)))))

speed-read the reply, Tabatha. Absolute garbage once again, but it had me in stitches ................. once again.

Liked the 10k quote. Shame you didn't post the rest oif that particular post. No surprise there then: dishonest, dishonourable I termed it and each "selected" quote you post proves it. Keep digging, son, you should be in the mid Southern Ocean in a few more posts.

BTW, traders don't just trade, many also invest, but I'm sure this is far too much for a dinwit to figure out. ROFLMAO!

Right, back to dayrating. Managed a whole 2 hours work today. ;-)))))))))

Bouncy that will be 22-50 you will have to play with todayChris borrowed your pen while you was clocking up those two hours.I can get you another four hours consulting at britvicthey are having a fun dayand need a pink bouncy castleI told them u wer da man.
Regards MDX.you know it all what could I possibly tell you?

Sorry.how impolite of me. good morning all...

Good Morning, Tabby and all.

LOL, LOL, LOL! No further comment required:



Details of the Secured Loan Note offer
The Secured Loan Note (SLN) offer is available to Qualifying Shareholders from 25 June 2009. The New Closing Date for the Minimum Subscription under the revised terms of the SLN offer is 11 September 2009.

Meldex wrote to all Qualifying Shareholders with full details of the SLN offer on 25 June 2009. The Company also contacted all brokers who hold shares in nominee accounts, asking them to pass the information onto their Qualifying Meldex Shareholders. Any Qualifying Shareholder who has recently provided an email address to the Company should have received an electronic copy of the paperwork.

Meldex wrote to all Qualifying Shareholders again on 5 August with an update on and revisions to the SLN offer.

Any Qualifying Shareholder who has not received the SLN documentation should contact the Company to request a copy by calling 01223 394250 or by sending an email to BJM@meldexinternational.com

Shareholders now have the opportunity to acquire Secured Loan Notes with an annual coupon of 4.5% in the Company. Each Secured Loan Note is secured by a debenture over the assets of the Company. Shareholders may subscribe for Units of 2,500 per Unit. Shareholders may subscribe for any number of Units irrespective of their current shareholding in the Company.

Full details of the SLN Offer, including the terms and conditions on which it is made, are set out in SLN Issue Document and in the Application Form, which have been sent to Shareholders. The form of the Instrument constituting the Loan Notes is also set out in this Document, together with a summary of the Security Trust Deed and the Debenture. An update on and revisions to the SLN offer were sent to shareholders on 5 August.

A Consent Form was sent to all Qualifying Shareholders as part of this updated SLN documentation.

Any SLN Applicant who has subscribed for Loan Notes or who subscribes for Loan Notes before 5.00pm on 11 August 2009 must ensure that a completed Consent Form has been received by Mills & Reeve LLP by 5.00pm on 11 August 2009 otherwise all funds held in escrow by Mills & Reeve LLP on behalf of SLN Applicants will be returned, and their application will be cancelled.

Shareholders do not have to participate in the SLN Offer if they do not wish to do so.

The SLN Offer is available to Qualifying Shareholders on the register of members of the Company on the SLN Offer Record Date and in respect of their Ordinary Shares held on the SLN Offer Record Date (25 June 2009).

Terms of the SLN offer
The main terms of the SLN Offer are as follows:

the term is three years at an annual coupon of 4.5% payable on redemption, or at the election of the applicant, annually;
each Unit is secured by debenture against the assets of the Company;
the debenture will be held by Amstel Securities NV acting as security trustee for Loan Noteholders;
the Loan Notes are not transferable save in limited circumstances (including to certain family members, family trusts and group companies for corporate investors);
details of the Minimum Subscription to be raised from the SLN Offer (and the aggregate nominal amount of applications from existing creditors of the Company seeking to exchange debt for Loan Notes which may be included in this total) are set out in the revised documentation which was sent to Shareholders on 5 August;
the Maximum Subscription is 12,000,000 (and the aggregate nominal amount of applications from existing creditors of the Company seeking to exchange debt for Loan Notes which may be included in this total is set out in the revised documentation which was sent to Shareholders on 5 August), plus an over-allotment allowance of up to 500,000 at the discretion of the Directors;
subscription funds will be held in an escrow account with the Companys lawyers and will only be released to the Company if certain conditions are met. These conditions are detailed in the documentation which has been sent to Shareholders;
the closing date for the Minimum Subscription has been extended to 11 August 2009. If the Minimum Subscription has not been fully subscribed by close of business on the extended closing date, then all funds held in escrow (including interest payable on these monies) will be returned to applicants, unless a Consent Form completed by the SLN Applicant has been received by Mills & Reeve LLP by 5.00pm on 11 August 2009, in which case the funds can be held until 11 September;
the Closing Date for the Maximum Subscription of 12,000,000 will be the earliest of (a) when subscriptions for the full amount have been received, or (b) 30 Business Days following the admission of the Companys ordinary shares to the PLUS-market, or (c) 31 December 2009.
The Directors currently intend as soon as reasonably practicable, following receipt of the Minimum Subscription, to prepare a prospectus offering Shareholders the opportunity to substitute the SLN for convertible loan notes convertible into Ordinary Shares at a conversion price of 2p per share. (The circular that was sent to shareholders on or around 25 June 2009 had referred to a proposed conversion price of 10p per share). The issue of convertible loan notes will also be conditional on shareholder approval to increase the share capital and approve the issue of shares pursuant to conversion of convertible loan notes.

The Directors reserve the right to:

amend the terms of the SLN Offer in such manner as the Directors see fit provided that such amendment would not adversely effect the interests of the holders of Loan Notes; and,
at any time prior to the announcement of completion of the SLN Offer to withdraw the SLN Offer and not proceed with the SLN Offer if they conclude that the implementation of the SLN Offer is no longer in the best interests of the Company and/or Shareholders as a whole.
Qualifying Shareholders
Qualifying Shareholders are those Shareholders who are entitled to participate in the SLN Offer, being a Shareholder on the register of members of the Company at the SLN Offer Record Date (25 June 2009) who is not an Overseas Shareholder.

Overseas Shareholders
Overseas Shareholders are Shareholders whose address in the Companys register of members is outside the UK.

The SLN Offer is not available to Shareholders with a registered address in the United States, Canada, Australia, New Zealand, South Africa or Japan or any other Restricted Jurisdiction. Overseas Shareholders should note that they should satisfy themselves that they have fully observed any applicable legal requirements under the laws of their relevant jurisdiction if they intend to participate in the SLN Offer.

You mean I can still subscribe ?????



















Dream on tabby :-)

DilI have always thought you as a waste of space.that last post has proved my point

Geez , one idiot already predicting a share price of 10-20p in next 2/3 years which would make this a 5 or 10 bagger for those buying into the scln at 2p , even better for those who wait til it relists at sub 2p.

What a bleeding muppet , if it ever gets above 2p there will be so many shares being dumped on the market it'll take years to find buyers. Don't anyone of them get it that this company has don't touch with a bargepole written all over it ???

I still reckon I be lucky to get anywhere near 1p for mine when it relists.

Oi dipshit , did you go ?

When we relisting , I wanna draw a line under this ?

Dil,

it looks like later this year or early next.

HArd to believe, but probably true!


wilmot18 - 30 Aug'09 - 00:02 - 18117 of 18117


"Hello everyone

I attended the AGM yesterday with my girlfriend. We have our entire life savings and more tied up in this company. We hold 300k shares and I am more than 1,000 pound a point long from when the sp was 72p.If this company had succumbed to RTs winding up petition then I would be finished also, facing a lifetime of debt and possibly bankruptcy."

----------

Well the S/B looks well and truly starbucked!

And he is still buying 2 sln units

It's tabby :-)

SLN update!

Does this suggest a poor uptake I wonder?



Update on the Secured Loan Note Offer
Posted on: Wednesday, September 02, 2009


Capitalised terms used but not defined in this announcement shall have the meanings given to them in the circular sent to shareholders on 25 June 2009 (as amended by the circular sent to shareholders on 5 August 2009 (the "Second Circular")).

Following extensive discussions with Shareholders, the Directors have resolved to amend the closing date of the SLN Offer. In accordance with Condition 13 of the Loan Notes, the Directors have resolved to amend the New Closing Date so that the SLN Offer will close at 5.00 pm on Friday 11 September 2009 and will not be open for acceptance beyond such time. The term "New Closing Date" in the Second Circular should be read as amended accordingly. Any applications in relation to the SLN Offer received after such time will not therefore be accepted.

Notwithstanding that the SLN Offer will close at 5.00 pm on 11 September 2009, provided that on such date the Directors resolve to proceed with completion of the SLN Offer (in accordance with the terms set out in the Second Circular), the directors intend to launch a second secured loan note offer (the "Series 2 SLN Offer") on substantially the same terms as the SLN Offer save that the proposed conversion price of any convertible loan notes offered in substitution for the loan notes to be issued pursuant to the Series 2 SLN Offer will be higher than 2p per share. The actual proposed conversion price will be announced by the Directors at the same time as documentation relating to the Series 2 SLN Offer is sent to shareholders.

Nah just a case of BM looking after himself and his chums again Andy now that they have all subscribed at 2p but couldn't be arsed at 10p they don't want any further dilution so they moved the goal posts again.