PPE,
This is what I heard about eleven days ago.
From: "Investor Relations" <investors@petel.co.uk>
Subject: RE: Status of Medify Solutions Limited
Date: Mon, 13 Aug 2007 17:32:28 +0100
Dear Maybank.
Thank you for your email. The sale of Medify Solutions Limited has been agreed and details will be announced to all shareholders at the appropriate time via the website.
As with all commercial negotiations a non-disclosure agreement is in place and we will not be discussing the terms of the sale until an announcement is made.
This obviously leads into the question "when will the announcement be made?". We do not at this point have a definite date but expect this to be within the next four weeks.
We hope this information is useful and thank you for your continued communication.
Best Regards
Investor Relations
Petel Incorporated
To: investors@petel.co.uk
Subject: Status of Medify Solutions Limited
Dear Sir,
PTEL management announced that the "sale" of Medify Solutions has been concluded. However we have not heard from PTEL management since that announcement, any details of that "Sale" of Medify. Please advise what are the details of this "sale" and what will PTEL shareholders be getting from this.
Regards,
Maybank
