Medical Mktg Share Discussion Threads

[johnny felopez] 06/5/2010 07:39

Still nothing.......

[johnny felopez] 23/2/2010 09:56

Emailed administrators for update last week - no reply.......

[tenapen] 22/2/2010 19:11

They both made millions from MMG and now your telling me they are taking the company to an employment tribunal because they got ousted from the board on full pay. My already low opinion of them as sunk to a new low :-/


You did ask Benny, My last word,

"Africa's GDP growth could reach 7% in 2011, says AfDB

Monday, 22 Feb 2010

Africa's real gross domestic product growth could reach about 7 percent in 2011 from a forecast of about 5.5 percent growth for 2010, the president of the African Development Bank
Cont....

[jura1] 21/2/2010 16:12

- the employment tribunal claim
- because I attend AGMs and presentations; any shareholder is freely entitled to ask questions to management

You keep believing what you want to believe

There are two sides to every coin - why not find out the facts before making conclusions. See you then

[tenapen] 21/2/2010 15:10

Before you go please tell us what claims the Bests have outstanding ? and how do you know about them ?.

Why do i think you have a connection with them ?
because if you had money invested in MMG it is now gone because of the Bests IMO. It is very unusual for a poster in this situation to support the culprits (how i see them).

[jura1] 21/2/2010 14:52

Why do you think I am going to see 'them'?

"Do not feel bad for being taken in" - what are you trying to say?

This does not appear to be a friendly board so I am thinking about not taking any further part.

It is a pity because as pervious contributors have asked, nobody seems to know the outcome of the DNA clinical trials - there were only 2 patients due to finish last year around Aug/Sep 09. Shareholders should be told the outcome regradless

[tenapen] 21/2/2010 09:51

I did not go to any Presentations so if you are not his Pal but another investor that was 'smooth talked' into beleaving that MMG had the answer, i am sorry for saying so. Do not feel bad for being taken in, as the then great Mr Mike Walters also beleaved all that the Bests said and became a cheif cheerleader.

As for the DNA trials, they were about two years late when the company failed so my guess is that the results they were getting were not ..... the right results so they tried again !.

Keep beleaving that the administrators are going to do more than liquidate the assets and sell the technologys to the highest bidder and after deducting their bill share the money raised to share holders. This will meen the smalll holders get Jack sh*t.

Jura1, the next time you see 'them' please ask why they would not deal with the new board to raise new money and change the name of the company (as MMG was surely tarnished) and in not doing we all lost money, even the Bests !.

[jura1] 20/2/2010 19:14

You've got it so wrong. How many MMG meetings and presentations have you attended over the years? What is the the full story then between DB and the board because I certainly do not know.

I only posted to help explain about the role of an administrator. The company is insolvent, i.e. it cannot pay its immediate debts, but it does not necessarily mean it needs to be wound up. Companies have re-risen as solvent entities from administration. This is why the administrators should be aware of the DNA trial results as this would have finished about the same time (Sept 09) as MMG went into administration. This was the information all investors were waiting for but I see no mention of it at all

[tenapen] 20/2/2010 17:46

You know the man, correct. And you must know him well to know that Quote from your post ;
"To this end, it is the administrators duty to explore all avenues including ongoing settlement of DB claims", what are those claims ?.

As his name is mud on here for refusing to deal with the new board and taking the company down, in so doing loosing many people a lot of money.

[jura1] 20/2/2010 15:25

tenapen

"lol.
Quote "have always found him reasonable".

He needs his pals to try clean his name!. "

what are you implying?

[tenapen] 20/2/2010 09:54

Hi Benny,
I have been buying an Indian Fund / companys but see India as fully valued now ! and so I have switched to African investments (Not Mining Companys). At the Davos meeting a month ago. It was said, "Not investing in Africa is like missing out on Japan and Germany in the 1950s, Southeast Asia in the 1980s and emerging markets in the 1990s," said Francis Beddington, head of research at emerging market investment house Insparo Capital".

I used to have A BUMPER STICKER which said " Don't follow me I'm lost too".

The above is just me with my high risk high reward plays, so please do your own research.

Hope your doing Ok and you recover your lost funds Quickly, Benny, et al.

Regards.

[bennytheball] 19/2/2010 19:42

very true.
Hi Kenny - you made any dosh on anything else while we've been pouring ours into this mirage?
b

[tenapen] 19/2/2010 19:36

lol.
Quote "have always found him reasonable".

He needs his pals to try clean his name!. Although this it may not be easy, given that most posters lost money on HIS & HER intransigence in dealing with the new Board. The Technology's never got past Phase2 trials no matter how many years they worked on them.

[jura1] 19/2/2010 10:02

shamster, perhaps I am clutching at straws.

I still think that the main priority of an administrator is to rescue a company as a going concern - this involves interaction with creditors etc.
Of course MMG may eventually be wound up if there is no solution.

To this end, it is the administrators duty to explore all avenues including ongoing settlement of DB claims and obtaining the trial data if possible to leverage any value. I have no information so this might be irrelevant now.

Really disappointed with losses on this stock - still hoping something can be settled with DB as, personally, have always found him reasonable. Or maybe not - we await the administrator's report.

[bennytheball] 18/2/2010 17:59

My spread bets finally disappeared from the screen today finallt crystallising some opainful losses - don't know why it's taken so long.

[shamster] 18/2/2010 15:52

If no-one is paying for the trial anymore there won't be any outcome. The adminstrator is there to wind up the business, not run it. Is there any market for drug candidates that have been in early trials? I don't know.

[skylift] 18/2/2010 15:24

Another one of my costly duds

Out of curiosity, is there any information about the outcome of the Phase 1/2 clinical trials that was due to end last year?
As the role of an administrator is to keep a company running as a "going concern", surely it is their duty to use this information for the benefit of shareholders

[johnny felopez] 03/2/2010 07:53

Cheers Besty!

[penrynner] 02/2/2010 15:43

The extremely valuable intellectual property will now be sold for a song.

[jamie62] 02/2/2010 13:55

11/01/2010


MEDICAL MARKETING INTL


ADMINISTRATION


STOCK HAS BEEN REMOVED BY THE REGISTRAR

THE COMPANY HAS GONE INTO ADMINISTRATION

[pamskie2] 02/2/2010 12:12

Ditto........