brilliant investment by avx board

on 11.11.10 the Avexa board invested $1.5M in Allied Medical and the Coridon vaccine work of Prof Frazer...

and in return received 24% of Allied shares...

this morning, BioMD (BOD) and Allied have agreed to merge/reverse take over

with BioMD issuing Allied 430M shares @ 6c...

24% of 430M shares is about 100M shares that AVX now owns in the merged entity

100M shares @ 6c is $6M

AVXs investment in Allied has increased from $1.5M to $6M on paper in 3 months...!!!

Further, just before the trading halt, the BOD share prices was moving north fast and closed at 9c...

Where will they reopen, and trade when the merger is done, and what will AVXs investment be worth then, and when the upandcoming Allied and BOD businesses continue to move forward

All in all, the AVEXA BOARD should be give a massive pat on the back for a very good investment at what was a difficult time for the company...

Compare this M&A experience with Drongos...


BRING ON THE FDA MEETING...