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Re: None

Friday, 07/08/2005 12:34:18 PM

Friday, July 08, 2005 12:34:18 PM

Post# of 2437
Rereading the last PR, the section below, does his statement mean Ziegler expects a significantly higher share offer, or is it just rose tinted spectacles for me?

<<<<Earlier this week, shareholders rejected an offer of $3.125 per share for each of the 18,102,100 shares of the company. "With respect to two reverse splits incurred by shareholders, an adequate price per share would be considerably higher than the previous offer by Formula 51-2," added Ziegler.>>>>


If so, what would the adequate share offer price be? This would be in teh region of $20.00 a share if teh share split dates of April 05 and Aug 04 are correct. Therefore waiting for news of the Formula 51 negotiations is very very interesting. Could be huge news or Formula 51 not coming up with the money. My hunch is that Formula 51 are trying to get MTDX as cheap as possible, and that the negotiations are mid flight at present.


http://stockcharts.com/def/servlet/SC.web?c=MTDX,uu[w,a]daclyiay[dd][pb50!b200!f][vc60][iut!Ug!Uk14]....


<<<Current Capital Change:
shs decreased by 1 for 50 split
Ex-Date:
Record Date:
Pay Date: 2005-04-15

Dividends:

Company Notes:
Note=11-23-04 company is in the development stage


Class Notes:
Capital Change=shs decreased by 1 for 10 split. Effective date=8-30-04>>>



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