Member Info for raytheg

Does anybody know if IEH tried to sell the Company as a going concern (other than to Meditor) in the time from Meditors loan to its eventual sale to Meditor? IMO Shareholders seem to have been inocent bystanders to an agreement to buy the Company between IEH and Meditor. I would just like to hear this is not the case. Yes mention was made of raising money but not of "For sale lock stock and barrel"

Definitely will join

IMO � It is obvious that when IEH took out the loan with Meditor, the outcome of the Company ie what as happened, was agreed. The trials, joint development, equipment developed around IEH Products � all must have been underwritten by Meditor. This now makes sense of the illogical RNS releases. IMO - I do not believe that any attempt was made to sell the Company as a going concern, as the Company�s fate had already been sealed � it would be bought by Meditor. I always thought that the Directors obligations were to their shareholders which at this stage was not to Meditor but to the existing shareholders, who were the majority.

If what you say is true re Beebong being blocked, this is a loss to IEH, LSE and to all current and potential share holders of IEH. Has he appeared on any other chat line, if so please tell I will switch chat lines etc

We have had lots of discussion re the potential of IE in an ever-increasing market place. In my opinion if only 5% of what has been discussed of IE’s potential then I would have expected Company’s to be beating IE’s doors down to merge or take the Company over. What is the problem? I can see the case for IE’s independence, but I also see massive investment in the technology and any lead that IE have at the moment being dissipated. IE need to keep their lead with extensive investment in R&D and Sales IMO. They have the Products/IP and know how.

Why would they lose there original investment should they convert the loan? How many shares are in the swim of the 200 million currently sold?

No inside information just an investor folloing up on prvious.There has been a lot of implicit thoughts as there are 2 years to go and everything is alright. I do not remember seeing anything explicit so I thought I would ask. Lets see if Beebong come up with something more explicit

Is it the case that IEH are looking buy out their loan before it matures. Do they have this option?