Medicago Inc MDCGF

Philip Morris : droit de préemption.....

[transformer2]

Si Philip Morris se sert de sont droit de préemption, La FTQ va t-elle acheter sur le marché pour prendre une position car sa l'air de rien mais ils ont pris une position de + de 1.35 million d'action et s,il décide d'embarquer dans l,aventure MDG, on pourrait avoir une Méga ride a partir du 15 déc!!!!!

[yang68]

Your message did not translate clearly using the Yahoo link - could you post again in English? Thank You!

[transformer2]

Excuse my english,As previously announced, Medicago is a party to a Representation Right and Preemptive Right Agreement made as of October 21, 2009, with Philip Morris Participations B.V ("PMP"), and available on SEDAR (the "Preemptive Right Agreement"), under which Medicago may not issue securities or right to acquire securities without offering PMP or its affiliate to acquire

[wesdevries]

Thanks for the translation Transformer2.wdv

[cornpie]

Correct me if i'm wrong, but it also could be understood that MDG would have to offer the same amount of shares or more as subscribed to in the PP in order to preserve PMP's pecentage of the company. Hence the PP would still be valid and MDG would raise double the money?

[firebug]

  I might be wrong but i think that PMP has first right of refusal to the PP. I think that this would make it clear to us monkeys how serious PMP feels about the MDG technology. I think that the fact PMP is still holding stock should be proof enough.

[makingmoneynow]

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