Medical Mktg Share Discussion Threads

[bennytheball] 19/8/2009 17:20

what's left to say?
it's hard to challenge barkjon23's argument.
b

[tenapen] 19/8/2009 16:39

They were more than well paid jon,
They also issued themselfs lots of shares at c5p and sold them on to Prudential if my memory serves me right ! around 35p mark.

Why the A1gasbag would not deal beats me, but it is no surpise.

No posts from BB !!

[barkjon23] 19/8/2009 08:47

From the actions of the ex-directors I can only surmise that the IP is worthless and they are trying to extract the maximum cash from the company whilst it still has any

If the IP was worth anything, their huge stake in the co. would make them seek a compromise

Re comments about not supporting a future offering, I think they can comfortabley retire on their salaries from the last 10 years, they were paid well from I can recall.

Hopefully I can learn some lessons from this mess.

[quazie12] 15/8/2009 13:51

cqp

these guys are truly stupid. Prob is they used to get away with it but now with internet, its impossible.

MR best is a complete bellend.

[cheesequarterpounder] 14/8/2009 19:55

quazie12 - 14 Aug'09 - 00:07 - 10016 of 10017


Yup, I know another numptie like that, who took off to OZ after playing his little 'games'.....

He can run, but he can't hide !

[jamie62] 14/8/2009 09:33

dead duck - i have written these off.

[quazie12] 14/8/2009 00:07

Hey Bestie

What numpties like you forget is that with the internet PI's can stick to you like a bad smell and make sure that no-one is suckered by any of your fly moves in the future.

Fact is you have shafted yoself royally.

What a pudding u are !!

U will not get a cent of private money again numpty brain

q

[ladyfarmer] 13/8/2009 23:38

Bests are probably already talking to liquidators. A pre-pack/phoenix would be my guess

[ladyfarmer] 13/8/2009 23:37

Bests are probably already talking to liquidators. I feel a pre pack coming on

[ningram] 13/8/2009 20:58

One way or another this will be sorted at last. I hope common sense prevails,but.....???

[tenapen] 13/8/2009 16:58

Well said FailedQS.

[johnny felopez] 13/8/2009 16:01

CU Next Tuesday Mr. Best - another fur cup! Thanks a million

[mitzis] 13/8/2009 14:56

It was inevitable I'm afraid.

[cyberpost] 13/8/2009 14:32

CORPORATE UPDATE (Medical Marketing)





TIDMMMG

RNS Number : 4099X
Medical Marketing Int'l Group PLC
13 August 2009

?
CORPORATE UPDATE


13 August 2009 - Medical Marketing International Group plc ("MMI" or the
"Company") (AIM:MMG), the life sciences company focused on the development of
drugs for cancer, today provides an update on the financial position of the
Company.


As announced on 15 June 2009, the directors of the Company (the "Directors")
have been pursuing funding and other alternatives to establish a firm future for
the Company whilst minimising the Company's operating costs during that period.


The Directors have explored various options for raising further funding to
enable the Company to continue trading, including whether the Company could
acquire another business with a view to pursuing an alternative line of
business. However, these discussions have failed to secure any firm indications
of future funding.


The main reason given to the Directors for this lack of interest is the
outstanding claim following the termination of the employment of the Company's
former Executive Chairman, Mr David Best, in March 2008. Although the Directors
have made provision in the Company's accounts in respect of the Company's
potential liability to Mr Best based on advice received from the Company's legal
advisers and counsel, Mr Best's claim is for considerably more than that which
the Directors, based on the advice referred to above, have provided for in the
Company's accounts. Various attempts have been made to settle this claim but the
Company and Mr Best have been unable to agree on any settlement to date. Against
the background of this continuing uncertainty, the Directors have been unable to
secure further funding.


However, the Directors continue to pursue discussions with one of the Company's
major shareholders who has indicated that, in principle, they may be prepared to
make funding available. The Directors have not received a firm proposal from
this shareholder and there can be no guarantee that any offer will be
forthcoming or that it will be on terms which will be acceptable to shareholders
as a whole.


The Directors have concluded that unless a fully funded offer of additional
funding, conditional only on shareholder approval, is received by the Company by
4 September 2009, it is unlikely that the Company will continue in operation
beyond that date.


Based on the substantial uncertainty surrounding the Company's continuing
operation, the Company has requested the London Stock Exchange suspend the
trading of its ordinary shares on AIM until such time as there is clarity on the
ability of the Company to continue in operation. Further announcements will be
made as soon as possible.

[cyberpost] 13/8/2009 14:32

TEMPORARY SUSPENSION OF TRADING ON AIM


MEDICAL MARKETING INTERNATIONAL GROUP PLC


At the request of the company, trading on AIM for the under-mentioned securities
has been temporarily suspended from 13/08/2009 14:30 pending clarification of
the company's financial position.

[jamie62] 12/8/2009 14:57

where are the results? june/july... it is now mid-august!!

[bennytheball] 05/8/2009 14:17

onto it.

But maybe not a problem:

"The Company's subsidiary, Genvax, has an exclusive worldwide licence to technology that enhances the performance of therapeutic DNA vaccines for cancer. This technology was developed at the University of Southampton by Prof. Freda Stevenson and colleagues, with support from Leukaemia Research Fund and Cancer Research UK. Genvax has a licence to the technology from Cancer Research Technology Limited, the technology transfer company of Cancer Research UK."



They could put out a bloody RNS though!

[optimist at large] 05/8/2009 13:32

Hi Benny
Its possibly worth putting that specific question to MMG.

[bennytheball] 05/8/2009 12:15

Look at the last paragraph.
No mention of MMG.
"rights to the vaccine are owned by Cancer Research Technology Limited (www.cancertechnology.com)"
what's going on?

[bennytheball] 05/8/2009 00:07

Dear Ben:

We are pleased to announce notable additional data from the Southampton DNA vaccine study focused on prostate cancer. The positive antibody responses achieved in this study have been published in the medical journal, Human Gene Therapy.

Best regards,

Bernie Hertel
Director, Corporate Communications
W 858 410 3101
M 858 336 5579
E [e-mail]

[sleepinggiant] 30/7/2009 14:15

The market makers have right balls in this stock....take on £82.86 worth of stock and move them down.

[jamie62] 30/7/2009 14:07

A tick down - I wonder what the future holds....

[el magnifico] 27/7/2009 18:33

Heigh-ho, Benny.

"Results" due this week ?

el