vote against the proposal

Following on from posts from VCubitt and Lefevre, and following reading the proposal to vote for new company name and consolidate shares, I make the following points.

1)We were told we would get shares in a spin off to Cortical Dynamics and MDS, but we have received nothing.

and further more it seems we have lost our stake in this technology. p5 of the notice of General Meeting says BPH current assets are
a) 3.89% in Cortical (where is the other 94%)
b) 20% in MDS (where is the other 80%)
c) 51.8% in Diagnostic
d) interest in SERS

2) Resolution 2: Consolidating shares means they will halve our shares. They could go back to 8c and then we have lost half our value.

3) Resolution 3: issue of shares
This will dilute the value of our shares, so we will loose more value, as noted on p26, Disadvantages of the proposed transaction.

4) Resolution 1: purchase more shares in Advent.
This is not a public listed company and will require more capital raising and is risk, as noted on p26, Disadvantages of the proposed transaction.