AXUS - FORCED TO AGREE30 Aug 2011 12:53
Hi Rob, I am a minority share-holder in Medicsight and I am aware that there is a vote to delist from AIM on the 14th September. I appreciate the position that the company currently finds itself in, and is striving to save money where it can, but as I'm sure you can appreciate, I do have some concern over what will happen to share holders like myself if the company is delisted. Am I to conclude that in the event of a delisting, we will receive nothing for our shares? Any news on this matter would be much appreciated Regards,
----------------------------------------------------------------------------------------------------------------------------------------------------------- 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
Robert B. Ladd CFA
Interim CEO
c/o
Laddcap Value Advisors LLC
335 Madison Avenue – Suite 1100
New York, NY 10017
(212) 652-3214 office
(914) 643-6855 cell