Michelex Corp (fka MLXO)

[harr449]

I haven't seen Saleem do anything positive

for Michelex or it's share price in 2011.

My shares are worth about 10% of their initial value.

Until I threatened a shareholder protest, nobody would answer emails, not Saleem, Investor Relations, or Pres. Lacle. What kind of management is that? NO EMAIL COMMUNICATION PLUS NO PRESS RELEASES. Saleem has made countless promises and never followed thru with them, not even the simplest like updating the website.

How are we to know what's going on with Pristine Pharma Corp. unless our CEO or President communicates? We find out from V. Kakani and then Saleem says Kakani isn't telling the entire truth. Sorry but I have a hard time believing that. Kakani is the only one that would ever respond to my questions with "answers". Saleem would say come meet me in NYC. Why do I have to travel to NYC to get answers. Won't Saleem put things in writing?

Why was the website changed regarding the August 23, 2010 share structure? The original news showed 10,000 preferred shares issued but now it doesn't show any preferred shares issued. I know the news was changed because I have a program called Site Delta (a Firefox add-on) that detects changes on web pages. When I checked the news story, the program showed the web page was changed.

Why would someone change a website news release without issuing a corrected news release if it contained an error? That's very unprofessional.

Saleem issued 2 press releases in early 2011 regarding potential acquisitions. They said due diligence would be done, blah, blah. Michelex decided not to follow thru on those acquisitions but nothing was ever publicly released stating such. One of those releases also mentioned "Michelex has acquired controlling interest in Medscan National Corporation" but it didn't say anything about doing the same type of due diligence. Why not?

Why didn't it say who owns Medscan? Is it because CEO Sabir Saleem owns Medscan? According to Bloomberg BusinessWeek, their address is 6815 Bergenline Avenue, Guttenberg, NJ 07093. Other businesses operated by Sabir Saleem have an address identical to the above.

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=53574493

What's the purpose of that move? It's a "management service organization primarily engaged in providing management services to Diagnostic Imaging Centers and Clinics in New Jersey". How's that move fit in with Pristine Pharma Corp?

How much did it cost to acquire the controlling interest?

Why wasn't the draft final audit ever finalized and released?

Why haven't we seen any new contract announcements over the last 6 months? Because Saleem doesn't like to pay for press releases?

Besides the June 1, 2011 PR about the ITA contract, we haven't seen anything of significance from Saleem since Feb./March 2011.

Has Saleem ever been quoted in a PR or upstate newspaper article? It's always Kakani or Lacle doing the talking. Why not our CEO?