International Medical Devices Share Discussion Threads

[kenbachelor] 15/6/2021 11:06

Those were the days.

The best rate I can find is 0.4% on a Freedom Savings account with RCI Bank.

[malctheraider] 01/5/2011 13:32

He must be a thick as you then chav.

[pomp circumstance] 14/11/2008 12:22

he took his time!!!

[cyberpost] 14/11/2008 12:03

RNS Number : 1947I
International Medical Devices PLC
14 November 2008

International Medical Devices Plc

('IMD' or the 'Company')

Director Resignation

Jeremy Friedlander, non-executive director, has resigned from IMD with immediate effect.

[5huu] 12/11/2008 22:24

Anyone have any news from FSA or LSE?

[pomp circumstance] 11/11/2008 11:06

Moneys obviously run out!!

lieing crook!! Another name for the blacklist!!

[cyberpost] 11/11/2008 10:41

Director resignation (Intl Medical Devices)

RNS Number : 8977H
International Medical Devices PLC
11 November 2008

11th November 2008


International Medical Devices Plc
("IMD" or the "Company")

Director Resignation

Mike Acheson, Finance Director and Company Secretary, has resigned from IMD with immediate effect from both positions.

[stevo7] 12/9/2008 18:13

can anyone tell me if international medical supplies are still going or have i lost my shares thank you stevo7

[5huu] 20/8/2008 20:55

I wonder what the significance of MA's below e-mail would be to the Authorities? This was the one sent to an ADVFN member and posted here just before the latest results were published after delay:

just got this reply from Mike Acheson (FD)

Thanks for contacting us. The results will not be announced today, for two reasons. Firstly we have a new broker (Shore Capital) and they are finalising their research note (including broker forecasts), which we want to have issued at the same time as the Interims. Secondly, the Chairman did not realise this is a public holiday weekend. Companies which announce results at a time when many people are away from their desks on long weekends, often do it for a reason. We did not wish to leave that impression, as we wish the market to see and read about our activities.

So interim results will be out on Tuesday or Wednesday (depending on completion of the broker note).

Kind regards,

Mike

Finance Director

[pomp circumstance] 19/8/2008 22:30

And slimebal is back on the rns

[ljsquash] 19/8/2008 21:37

So CEO jumps ship?

[pomp circumstance] 25/7/2008 07:11

I heard Root has lost a load of money too and is helping out the authorities!

[5huu] 24/7/2008 23:47

To be honest PC, I'm unclear what remains with the 3rd Subsidiary. I was referring to Root & Intervene with the Surety range. Take that away and there's nothing left?

[pomp circumstance] 24/7/2008 09:26

Are you saying the third was HAS BEEN handed over or it could be?

Are you talking about Root?

[5huu] 24/7/2008 09:01

Whats's happening to the 3rd trading subsidiary? hmmmmmmmmm
Well, the company saving product has been handed over to another company (formed by another well known EX-Director)and then you go belly up!?!?

It all just stinks. Lets hope all the regulatory bodies deal with these crooks.
Hopefully now all are informed and on the case.

What's left for us shareholders though is another thing?
5huu

[pomp circumstance] 23/7/2008 08:42

The DTI have started an investigation into IMD

[pomp circumstance] 21/7/2008 05:45

2 out of 3

So whats happeneing to the other one? Or is admin for that just a matter of time and the the crooks run down the company on the what money is remaining whilst claiming they are looking for some other company to mug?


The Board has been working closely with IMD's existing bank, in order to protect the
assets of the business. The IMD Board has
regrettably taken the decision, to place two of IMD's three trading subsidiaries, being
Pro-Care Limited and Response Medical Equipment
Limited, into Administration. BDO Stoy Hayward has been appointed Administrator of these
businesses. IMD and the Administrators are working
together to try to find a solution for the IMD group.

[esrimeur] 17/7/2008 21:06

AIM released their 6th Disciplinary RNS yesterday, notifying private censures of 4 anonymous companies. Guess who pays up - yep, the cos/shareholders & not the nomads.

The problem is that the co must consult the nomad before an announcement, so if they do not it is not the nomad's fault.

It would be simple enough to change the rules such that no announcement can be made without a nomad's approval.

Trouble is - light touch/low cost is incompatible with a nomad conducting DD.

However - irrespective of AIM's rules, the common law has always been there to relieve misrepresentation.

[5huu] 17/7/2008 20:54

One of my colleauges from legal (and a fellow IMD holder) contacted Shore today to discuss their take on the recent broker note. First call was with Robin Speakman, who strangely had no idea that IMD had put two of its subsidiaries into admistration. He admitted being aware of the share suspension though. When he was challenged on the content on his report, he was apparently quick to point out that it was simply a marketing resarch for a client based on IMD interims and that no contact had been made to discuss antything. Speakman aluded to Shore only being involved since Feb, He had no knowledge of Shore being the MM shifting shares after note issue & that he had no personal contact with IMD in preparing his research note. Apparently the only real relationship with IMD was between IMD & Guy Peters who is the member of the corporate team (Speakman is not). Peters was unavailable for comment. Speakman also mentioned that the negative current asset situ in the interims was not unusual for a small growing company.

Initial legal stance is that someone is liable - Either Shore for a poorly researched note and/or failing to represent financial data correctly, or IMD who have lied during the interims and lied to their brokers. My colleauge is weighing up the legal case against Shore based on Shore not fulfiling their responsibilities under FSA guidlelines.

The LSE have now been informed of all the facts and a summary of the situation with these dodgy IMD Directors that have history (TVR & ISIS).

Apparently Mike Acheson was also unavailable for comment today too.

I'll post progress, I'd appreciate if others would to. This gets smellier, the deeper we dig.

[ljsquash] 16/7/2008 22:45

I already have an investigation going on Bishopsgate who sold me these so have added it into the investigation.