Alas, as you no doubt know, Meldex is no more.

Holders of the loan notes will be aware that the loans could have been transferred to Xgel Ltd for Xgel loan notes and shares.

Holders of Xgel loan notes and shares may be pleased to know that Xgel has succeeded in buying BioProgress Technology Ltd with its patent rights as a going concern from the administrators of Meldex.

See

http://www.bioprogress.com/index.asp

Colin