1. The theory is that the proceeds of non-UK European sales contracts cold go through a better board than the US pinkie. Some think that it is better to float an entity where there is local interest.
2. It would be a new entity, a wholly owned subsidiary of Medify Solutions Limited.
3. Probably centrally located in europe. Maybe sales protential in germany.
4&5. MFYS (now MDFY) shareholders or record on July 28 were originally to be given a 1 for 1 dividend in this new entity, tradeable immediately after float.
From Jonathan's e-mail to me on June 29th about German float: "Just waiting for the cusip number then we're off. I will chase the lawyer this afternoon. I will let you and all the investors know as soon as I hear and I understand your frustration but I will deliver the plan and the success." I guess he is still chasing the lawyer... One may wonder was it all designed to sell more shares to us based on expectation @ $1.20/1.00 price wich we can only dream about today? And we sure bought them.
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