Email to CEO and his reply VOTE NO30 Aug 2011 12:40
Dear Mr Rowley
I am informed that my 19,461 shares in Medicsight are now worth £286.52p, a loss of £1713.40, also that the company is now ceasing trading in AIM.
AIM shares carry risks and I can accept that but this performance leaves me bewildered.
Please explain what I am going to do with the shares, can they be traded, will the company buy them off PI's at a fair price or is it, PI's can pay the price for the bad management by the BoD
Yours truly
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As the recently appointed Interim CEO of Medicsight PLC, I am writing you in response to your questions.
There are no specific plans to commence any type of general exchange offer or trading facility for the shares. That being said, the Board recognizes the requirement to protect minority shareholders’ interests. Right now, though, the only opportunity for liquidity is via the AIM Exchange or privately negotiated third party transaction.
Rob
Or in other words, I'm alright, stuff you.