After many problems and the loss of the Nominated Adviser the company was delisted from AIM. Two major shareholders set about the purging of the old management.
The new management at Meldex really seem to be getting a grip on the company and sorting out the problems of the past.
The web site has been revamped and is much more informative and user friendly.
Some action has been taken to right wrongs and several million shares have been cancelled with further action promised.
It could be a Phoenix rising from the ashes. It is hoping to list on the PLUS market if the expected Secured Convertible Loan Note
is successful.
http://www.meldexinternational.com/
C
Interesting - what's the timing of the Note issuance and the listing?
