new substantial holder, page-7

re: new substantial holder++more buying++ MM&E have increased their holding adding nearly 1.7 million shares as announced on Friday. A very interesting development here. I have noticed an announcement whilst trolling over the net suggesting that Bioton has signalled its intention to increase its holding in Scigen by a further 18%. [See http://www.amcham.bg/cgi-bin/e-cms/vis/vis.pl?n=000371&p=0070]. If confirmed this would take their holding to around 62%. Bioton has already upped its offer to buy shares and I suspect MM&E strategy? may serve to push the price even higher. After all Bioton have already indicated they have some $30million for this transaction. Interesting couple of months coming up. Pol.