Ann: Proposed issue of Securities - MXC, page-22

Yeah mine disappeared as well and they were not an unmarketable parcel. We apparently were sent an email in June about this prospect and had to fill in a form sign and return if we wanted to keep them. If you missed the email then you lose your shares whether you wanted to or not. They valued the shares as at 19 June (.024 cents) and that's what you will get for your small shareholding in return for the long time you held them. I think that was very unhelpful and opportunistic of MGC which should pay for our shares the equivalent of the SP on the day they swiped them away, if not more! Yes they should pay a premium for the buy back - especially we didn't agree to it. So Rude i thought they were - I'm not going to reinvest - i loathe unscrupulous business tactics more than anyone can imagine. Now this company is doing really murky stuff in my view which is barely legal just scraping the bar, sneaking past taking taking taking.. not impressed! I would have topped up my 20000 holding in due course but there are better stocks and companies to invest in,, too many