Member Info for gmed-2

Optimism has always been one of their strongest points. Who remembers "and then we just have to turn on the tap"?

The only explanation I can think of is these restructuring meetings are held at the pub and they never actually get around to discussing the restructuring.

Thanks, Basher. The presentation is pretty convincing - makes me want to buy a few more shares.

Thanks BP. That's one thing off my busy little mind.

Bubbles, I'm trying to remember your old name before you reincarnated as BP. What was it again? Please tell me, because it's driving me nuts trying to remember it and I have more important things to think about.

Sounds encouraging. I don't like giving up the 50%, but considering the company's financial position, this was probably the best deal we could get.

Sounds plausible to me. Let's hope it's right.

Still no jam, but I think the lid on the jar may be a bit looser.

As options awards go, this is a pretty fair one for the shareholders.

Just can't keep a good share down. Supports my belief that good news must be on the way.

You do if you want the sp down to allow some cheap accumulation before good news, hmmm?

.....but never jam today.

So they defaulted. No one's perfect.

Why would there be a placing? We just had two of them. More likely good news coming.

"Are the siignificant shareholders represented on the board going to dilute their own ownership to almost nothing?"

No, but they may want to convert a part of their debt to equity, which would indeed strengthen the balance sheet, but would also dilute our ownership. I'm not saying they're going to do this, just that it's a possibility. In fact I agree with whoever it was who said a while ago that they don't want to run a company, they just want to see a good, secure return on their money. I'll just be happy to see the actual restructuring agreement.

All very true, Neo. But if the restructuring has watered down our ownership to almost nothing, it's all irrelevant, isn't it.

I'll know how happy to be about this update only after I know the terms of the restructuring, in other words, whose company it is. I do expect them to keep to their word this time, though, and let us know how badly we come off before the summer.

Get ready to keep that greed under control, Funky. Acid test isn't too far off now.

And he's already familiar with our operations. Seems like a very good choice indeed.

Yes, we'll all be cashing in. The question though is WHEN do you cash in. After all these years waiting, you do want a decent reward. Selling too early for what you think is a grest profit suddenly doesn't look too bright if the sp goes on to rise a further couple of hundred pe4cent. We'll see who keeps his greed under control when the time comes.