Medicsight Share Discussion Threads

[gregpants] 31/3/2012 17:28

Sorry RA, only just seen this and unable to PM you due to my membership type. I did make some calls but in all honesty was sent up a blind alley. I would certainly urge you to go to the FSA and not allow them to fob you off. Hopefully you will be stronger than me in your actions, as perhaps I gave up too quickly. I will you the best of luck and please keep us informed here.

Many thanks.

Greg

[red army] 30/3/2012 10:58

gregpants

I am taking this matter to the FSA but feel that it would be pointles if you are doing the same thing.
Please let me know [e-mail].

Thanks

RA

[shifter2] 24/3/2012 10:25

See mgt reverse share split probably to avoid being delisted crooks the lot of them

[red army] 18/3/2012 19:05

gregpants

That great news and if you want a hand please let me know.
There needs to be a gathering of small shareholders at the meeting to ensure that this does not lose steam. I am happy to be part of that process but unfortunately I will not be able to attend as I shall be away.
If anyone is going could they please post the important parts of that meeting together with any common PI interest that could be used to get these guys locked up.

[gregpants] 18/3/2012 16:38

Please share your personal experiences and theories on this whole orchestration to deprive shareholders of their money and for MDT to absorb MDST and all the cash/IP for 50% of its cost. MDST had £3 million in cash which now due to the 'proposal' by 'MDST' which is 52% owned by MDT with the same director, all PI's lose their shares and MDT absorb the entire company. A friend of mine is writing an article that will be released to the national press and which will hopefully destroy the reputation of both MDT and MDST when people across the country see that these guys are nothing short of thieves. We are also looking to take a case to the FSA and to ensure that both MDST and MDT are prevented from trading on the exchanges.

Please do add to this thread, personal stories - are you a hard working family man who has had your saving stolen by the wealthy directors of MDT? The article needs this stuff, along with your theories of how this whole thing was orchestrated.

[red army] 16/3/2012 19:58

Finally got a response from Ladd only to say in quiet period and that the website confirms a date ie week after next of a general meeting.

WHAT A USELESS INDIVIDUAL.

The meeting is about share consolidation and unfortunatley I will not be able to attend but if someone wants to go as my proxy vote then please let me know.
Shareholders need to get to the bottom of this.
Contact me [e-mail]

[porker] 09/1/2012 19:22

How can one contact this company ??

[addict] 15/9/2011 11:42

SITIAIN,
Dream on....sorry!

[sitiain] 15/9/2011 05:52

yes im not so sure.
i can only imagine (im long and wrong of course)
they have a company with about 3 million dollars worth of cash.
so 155 mio shares.
maybe they want to sell IP and dish the cash out out.
i am talking my book but sureley with cash all is not lost.I hope

[tomboyb] 14/9/2011 15:15

Not a holder but AGM passed effetively making your equity albeit worthless . I find this one Management wise truely shocking!

[philipm2] 13/9/2011 07:57

Contact your broker to vote NO...

Call your broker and register a NO vote with them -

53.9% of shares are not in public issue

Defeat the montion - DPL shareholders voted NO against consolidation - and WON

[red army] 01/9/2011 10:37

The current market cap is worth less than the cash in bank???

[maris] 27/8/2011 19:36

Neither I nor my family have received any notification of the delisting meeting. In fact, I have not received any mail from Medicsight for quite some time.

[philipm2] 25/8/2011 10:07

Contact your broker to vote NO...

If you hold shares in a nominee account contact your broker and register a NO vote with them over the phone - that's all you have to do.

Messages regarding the meeting have now been sent out.

Remember - share holders in DPL defeated a motion to consolidate the shares.

[addict] 25/8/2011 08:59

I wonder if any past/present senior officials are professionally qualified,and what that might mean to those with an interest here.....

[addict] 25/8/2011 07:27

mikeja,
I do not hold,and will not get involved with this shambles.What I have tried to do is give some useful information based on facts,rather than conjecture.I have previously stated that this is no ordinary case,and I hope those that can,will do all in their power to avoid a de-list.

[mikeja] 24/8/2011 20:24

addict,if you read the statement they are telling shareholders as little as possible.The cash has gone,over 27m of it and they dont want anyone to find out where.Dont believe a word they are saying.What I suggest is that they are moving the domicile to the UAE where,no doubt,nothing will ever be heard again.
Forget company law it means nothing to the people running this co,see my earlier posts.

[addict] 24/8/2011 18:18

mikeja,
The last set of accounts were prepared on the 'going concern basis'-check the wording in that section of the latest set of numbers for further comment on that accounting convention.
Simple arithmetic tells you that based on history,the cash won't last long if the future is not radically different to an extrapolation of the past.SO...they're battening down the hatches...and looking for every opportunity to conserve cash.Could they raise additional funding?...I guess that depends on whether the major shareholder wants to play ball.Seems they're resigned to the fact that the future business will be a shadow of the former business,which presumably is a shadow of what it was expected to be.Talking of shadows-some business leaders choose to de-list to hide in the shadows...but in reality,their obligations under company law remain the same,but they're freed of the additional regulatory burden and cost of a listing.

[tomboyb] 24/8/2011 12:54

Edit - wrong thread - oh and i do feel for shareholders here -- shocking that delisting without any though for small shareholders and no off-market transaction capability either!

[mikeja] 24/8/2011 12:43

addict,they have £3m in cash,why do you think they want to take it private?