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MELDEX. Double your money- quicktime. (MDX)     

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.

Chart.aspx?Provider=EODIntra&Code=MDX&Si

Dil - 18 Sep 2009 17:36 - 8014 of 8631

lol , and not a dickie bird about how badly the scln went.

If you were a creditor and knew they were raising money would you :

a)agree to write off your debt in return for x amount of scln's or
b)wait til they raised the money then sue the b*stards

???

Big Al - 18 Sep 2009 18:58 - 8015 of 8631

Dil

Almost a year ago the KK's sold a hefty chunk at an "unrealistic" price just to keep the thing afloat. It was obvious they were in a dire state. Now they're doing anything (apparently) to get sales, even to the extent of letting others get the sales.

Says it all, but will the pack buy it? Doubtful. They could see nothing wrong before and they'll see nothing wrong now, despite the obvious signs.



Naturally no SCLN update. do you realise it's now almost 3 months since they went into thias expecting to raise 6m in just 2 weeks. Says it all IMO.

Dil - 21 Sep 2009 15:46 - 8016 of 8631

Bet he gets his 1.4 million debt he "forgot" about that has never been reported in the mdx accounts Al.

A proper investigation of Trevillion and co won't happen imo cos bm and co have too much to hide themseves.

jeffmack - 21 Sep 2009 18:04 - 8017 of 8631

BJM is trying to flog his granny so he can buy an SLN

Big Al - 21 Sep 2009 20:00 - 8018 of 8631

She a looker, or what? ;-)))

Next week will be the anniversary of that fateful results announcement that confirmed to many of us the exact nature of MDX's troubles. Of course, some decided it was a good sign and piled in, even when it fell to 10p!!! FYI, it was around 20p at the time of that fateful announcement.

So, where are we now? Very much further in the murky waters that have plagued BPRG/MDX since they floated. Still shareholders are held ransom by someone hoping to make more than the PI.

Good observation, Dil. All who have held large investments since this thing floated are wanting to find some way of recouping their outlay. The great thing for those individuals is that there's a bunch of idiots depserate to give them their money back. Cue Tabatha, who's been awfully quiet (except a dumb attempt to get one over on me - feckin' eejit!)

wayward - 25 Sep 2009 16:00 - 8019 of 8631

hmmmnnn, its quiet around here.

tabasco - 25 Sep 2009 16:14 - 8020 of 8631

Dont want to encourage them WWL.BTW big buzz from those in the know for Jeremy Nosedas Without Prejudice in tomorrows Heritage at Ascotwill be backed!!! Please DYOR

Dil - 25 Sep 2009 16:33 - 8021 of 8631

this shit re listed yet ?

wayward - 25 Sep 2009 16:34 - 8022 of 8631

cheers tab, if it wins keep em coming, I see mdx is All Systems Go !!!

tabasco - 25 Sep 2009 16:40 - 8023 of 8631

WWLDil is like a magnet to youall day in peace without that Welsh Spasmothen bingo

wayward - 25 Sep 2009 16:48 - 8024 of 8631

haha, he's not too bad, at least he has a sense of humour!

tabasco - 25 Sep 2009 16:59 - 8025 of 8631

He has to have living in a semi in Wales and driving a Mondeoand he shops in B&Q on a Wednesdaytell tell signs

Big Al - 25 Sep 2009 18:06 - 8026 of 8631

Good of Groucho and Harpo to turn up. ;-))))

Speaking of "tell-tale" signs. We've had a whole week-plus where Tabatha only turns up on the MKS thread without any mention of MDX.

Says it all!!!! ;-)))))))

Dil - 25 Sep 2009 19:58 - 8027 of 8631

With the sh*t I get off the muppets over in the zoo horsey its a bloody good job I have got a sense of humour.

Quid by xmas :-)

Dil - 25 Sep 2009 20:00 - 8028 of 8631

Oh yeah wwl , me an tabby had a horsey tipping competition a while back but after stuffing him two weeks running I think it was .. he gave up :-)

jeffmack - 25 Sep 2009 20:22 - 8029 of 8631

The Directors are pleased to announce the successful conclusion of the SLN Offer. The Company has today executed the documentation necessary to enable the Company to issue up to 5,950,000 of loan notes. These loan notes are to be issued to both shareholders who have subscribed for loan notes and to creditors of the Company who have agreed to convert the Companys outstanding debt to them into loan notes. The Directors and staff wish to record their gratitude to shareholders and creditors for the support given to the Companys plan.

Bridge Global Opportunities Fund (a company in which Mr Cressman is a shareholder) has agreed to convert the amount of 1,532,500 which is owed by the Company to Bridge Global Opportunities Fund into 1,532,500 loan notes.

Further to information included in the circulars sent to shareholders on 25 June 2009 and 4 August 2009, the Company is pleased to announce that, notwithstanding the fact that less than 6,000,000 has been raised from the SLN Offer, Mr Muncaster has agreed to waive his claim of 1,456,516.40 against the Company in return for the issue to him of 250,000 loan notes.

The loan notes which are to be issued to Mr Muncaster and to Bridge Global Opportunities Fund form part of the aggregate number of loan notes referred to above.

The finalisation of the administration of the SLN Offer is still being concluded and therefore the actual number of loan notes issued pursuant to the SLN Offer may be less than 5,950,000 however it will not exceed this number. Shareholders will be notified of the final number of loan notes actually issued in due course. Successful applicants under the SLN Offer should receive their certificate representing their loan notes within the next 15 days.

The Directors are also pleased to announce that Keith Hemming, its International Sales & Marketing Director, has agreed to join the Board of the Company with immediate effect. Keiths appointment will further strengthen the board and reflects the Companys increased focus on the successful marketing of its products.

The Company also announces that two of its loss making and non-core business subsidiaries, Dexo Biopharm Limited and Melbrosin UK Limited, have instructed McTear, Williams & Wood (insolvency practitioners) to assist the Directors in convening statutory meetings of members and creditors in accordance with the Insolvency Act 1986, to place the companies in liquidation.

Dil - 25 Sep 2009 20:44 - 8030 of 8631

See BM's already had his hand in the till for 250k without the dodgy debt being independently verified (?) ... here we go again.

Big Al - 25 Sep 2009 21:50 - 8031 of 8631

Brilliant!!!

Add it all up, folks. Less than 6m (at best!) in 3 months of pissing around.

;-))))))))))))))))))))))))))))))))))))))))))))))



Naturally they announce this very late on a Friday. Do the muppets in the zoo get it now? Doubtful, and that's why they, Tabatha and every other idiot involved deserve to be where they are. Incompetent prats!

Big Al - 25 Sep 2009 22:32 - 8032 of 8631

Company Update
Posted on: Friday, September 25, 2009


The Directors are pleased to announce the successful conclusion of the SLN Offer. The Company has today executed the documentation necessary to enable the Company to issue up to 5,950,000 of loan notes. These loan notes are to be issued to both shareholders who have subscribed for loan notes and to creditors of the Company who have agreed to convert the Companys outstanding debt to them into loan notes. The Directors and staff wish to record their gratitude to shareholders and creditors for the support given to the Companys plan.

Bridge Global Opportunities Fund (a company in which Mr Cressman is a shareholder) has agreed to convert the amount of 1,532,500 which is owed by the Company to Bridge Global Opportunities Fund into 1,532,500 loan notes.

Further to information included in the circulars sent to shareholders on 25 June 2009 and 4 August 2009, the Company is pleased to announce that, notwithstanding the fact that less than 6,000,000 has been raised from the SLN Offer, Mr Muncaster has agreed to waive his claim of 1,456,516.40 against the Company in return for the issue to him of 250,000 loan notes.

The loan notes which are to be issued to Mr Muncaster and to Bridge Global Opportunities Fund form part of the aggregate number of loan notes referred to above.

The finalisation of the administration of the SLN Offer is still being concluded and therefore the actual number of loan notes issued pursuant to the SLN Offer may be less than 5,950,000 however it will not exceed this number. Shareholders will be notified of the final number of loan notes actually issued in due course. Successful applicants under the SLN Offer should receive their certificate representing their loan notes within the next 15 days.

The Directors are also pleased to announce that Keith Hemming, its International Sales & Marketing Director, has agreed to join the Board of the Company with immediate effect. Keiths appointment will further strengthen the board and reflects the Companys increased focus on the successful marketing of its products.

The Company also announces that two of its loss making and non-core business subsidiaries, Dexo Biopharm Limited and Melbrosin UK Limited, have instructed McTear, Williams & Wood (insolvency practitioners) to assist the Directors in convening statutory meetings of members and creditors in accordance with the Insolvency Act 1986, to place the companies in liquidation.





Am I wrong in remembering that if 6m wasn't raised it was curtains? LOL! Shambles.

Dil - 26 Sep 2009 00:46 - 8033 of 8631

2p scln :

Gary 1,532,500 (creditor)
Barry 250,000 freebies (cos they didn't raise 6 million)
Other creditors ?????
Shareholders ?????

Total : not disclosed (lol) but no more than 5,950,000 (lol lucky Barry)


... and he was gonna walk away if he couldn't raise 6 million from shareholders with a scln at 10p.


lol
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