Mediclinic Share Discussion Threads

[johnspain] 23/9/2013 11:03

pwhite - wrong,
the results are historical Not forward looking
it is very common to have a note on a concern over continuing as a going concern entered into results.

[applelover] 18/9/2013 16:49

The only comfort that I have about the money i've lost here is that PWhite73 has probably lost more :)

[bw123] 18/9/2013 15:45

adh0...make sure the company know about your intentions.....too many AIM microcaps squander millions of PI money just to walk away and start again.

[pwhite73] 18/9/2013 15:32

JSThe results cannot be published if the company is not a going concern. Therefore details of the new set-up assuming there is one will have to be announced before the end of the month.

[adh0] 18/9/2013 14:58

Regardless of Intabet being a complete failure, they should still have been able to get out a set of results showing just how much money they wasted on it. That they have not is delibrate and possibly fraud/theft and if the results are in fact simply not published the police will be involved I can promise you that.

(Whether the Police bother to do anything is a different matter but they are going to reported about it)

[johnspain] 18/9/2013 14:29

pw - no GM is needed for the results to be published

[pwhite73] 18/9/2013 14:24

The minimum noticed required for a GM is 14 days. Which means one cannot be held during the month of September.If the results are not out on or before 30 September 2013 the listing will be cancelled.I fear it is all over now.

[cliveas] 16/9/2013 19:31

On my sharedealing account :

On 12th September 2013, Media Corporation announced that it was proposing to adjourn the GM originally scheduled to be held on 16th September 2013. This decision has been taken following the discovery of an error in certain proposed resolutions. As a result the Directors will revise the proposed investing strategy as well as the options more broadly available to it.

The Directors intend to reconvene the GM as soon as practicable possible. Accordingly, the proposed Consolidation will not now become effective on 17th September 2013 and the Company will issue a revised timetable in due course.

[29howard] 16/9/2013 13:19

topinfo and his merry band of pump and dumpers will never see their money in
this one again.

[adh0] 16/9/2013 10:02

So how many days until a final de-listing?

Ii is odd that institutional holders are just letting this happen. Unless there are not any. To be honest I am not sure there are.

[nevik2] 13/9/2013 09:14

19% for TWL this morn.What will happen when/if it gets Intabet for a song?
If it ever hits a penny my MDC loss is covered, my fingers are crossed.

[cliveas] 13/9/2013 08:52

I would take shares in any company with a gaming licence willing to bring intabet to the market.At least I would then still benefit from what I invested in in the first place.

How much is an aim shell worth? £1m+?

Goalmillions would be a great buy for a tabloid newspaper (the Sun etc) which could self promote and build up cashflow!

One can dream.

[nevik2] 13/9/2013 08:37

Intabet I'm sure is all set to work and earn money for someone with little more effort.
That I think is the biggest rip off for us PI's.
They are trying to sneak Intabet out of the back door. Intabet is what was sold to us and it's what most of us invested in.
I feel we should have a stake in it's future without further investment, that would be the right thing to do.
I topped up my TWL recently, even if Intabet does not end up there the company certainly has a goal and a pathway to get there, so not the risk MDC was.

If Intabet ends up at TWL for a £1 and is soon seen to be a money making product. Would there not be some law broken? is there not a law that says the Share holders must get the best possible deal? PJ heavily involved with both companies must have some legal obligation to MDC holders?
Some clarity of the state of Intabet would be nice, but honestly we have had nothing of it's functional ability. Only the Box Nation trial, and they want to go ahead with Intabet, it must be a working program with potential.
I was told via email Intabet was being added into the operations of two big players, I have their names.Again they must of believed it is ready for prime time if that ends up being true.

I would be happier with shares in wherever it ends up even if they are another dilution if someone wants to buy it.
What deal realistically would anyone else be happy with?

[moreforus] 13/9/2013 07:47

Yep Nevik...and the acquisition was from a PJ company ....


swizz 13 Sep'13 - 07:40 - 185 of 186 1 0

If Intabet does come along?, with todays news it now looks as if they will have the infrastructure to maximise the potential of Intabet, so we may see it up and running quite quickly if it was to land..........GL S

[nevik2] 13/9/2013 07:44

TWL full steam ahead I see.

[pwhite73] 13/9/2013 00:02

As dreadful as these turn of events are the fact of the matter is that had the 16th September 2013 resolutions been executed then all shareholders would have certainly been wiped out to the tune 99%.

As from today once again its either boom or bust.

[nevik2] 12/9/2013 23:47

Here lies the body of Media Cor
The market took AIM and it fell to the floor
The chairman believed he would survive
then the receptionist shot him dead with her P45. :-)

[jagzoil] 12/9/2013 20:45

Leo is dead in the water.

[nevik2] 12/9/2013 17:42

It will be one set of Lawyers tried to get something past the other set of lawyers, but it got spotted.
I always think there is no incentive in it for Lawyers if things go smoothly, they always want/need problems. More problems more money, it might be LEO Lawyers causing the problem because their client has money to pay for problem solving.
Maybe LEO will come back with a better offer :-)

[applelover] 12/9/2013 16:11

Could this be the most laughable RNS in the history of RNS?

[kammi1] 12/9/2013 14:32

Very disapointing, and it seems it is everyone elses fault when things go wrong and is nothing to do with the management here. They never told us that the suspension was to review the buissness and not because the results were delayed. I feel we have been truly led up the garden path and I do question the integretory of the management who are making thing up as they go along.

Kammi

[ryan83] 12/9/2013 14:21

well I guess the lawyers fee will be covered by issue of shares upon any listing. Same with director fees/salaries. For those reasons I think something will prevail, even if its a shell company.

[pwhite73] 12/9/2013 14:19

.....and neither do we if the last business update can be believed. And what does 0 + 0=?