Question 1

President of the General Assembly (Annual General Meeting)

Accepted Answer

At the beginning of the meeting, a Bureau will be appointed to hold and supervise the assembly, composed of a president, a secretary and one or scrutineers from among the meeting attendees. Generally, the President of the company is appointed to the office of President.

Question 2

Shareholder participation and representation

Accepted Answer

All Shareholders are entitled to attend the meeting. None of them can be excluded, any clause of the statutes prohibiting or limiting access is void.
Rather than being physically present, any shareholder may be represented at the meeting.
Thus, a shareholder, a natural person, may be represented by his or her spouse who does not have to be a shareholder, or by another shareholder, or even by another non-shareholder, by means of a power of attorney (an example of which has been attached to the notice).
Shareholders, legal persons, are represented at meetings by their legal representative or by any other person having a delegation of power from the latter.
Attention: the representation mandate can only be given for one meeting (or two meetings held on the same day).
An attendance sheet is drawn up at the meeting, signed by the shareholders present or represented. The Bureau thus establishes the count of the voters in order to be able to verify that the assembly is validly constituted, and that it can deliberate and take the decisions with the required majority.

Question 3

Shareholders' questions

Accepted Answer

During the ordinary general meeting ruling on the accounts, each shareholder may ask questions about the accounts, or relating to the management of the company (for which the Board of Directors of the company will have submitted a management report).
If you have any questions to ask, of which you already know the content, please provide them to the company,  by mail or mail, so that the Board of Directors can prepare full and proper answers and present them to you at the General Assembly.

Question 4

What is an MDI share worth?

Accepted Answer

The first investors who subscribed to the capital of MDI  and first share buyers are inclining of advantageous amounts.

Since the start, we had settled the objective of reaping the benefits of the investments and projects with creativity, energy, compromise, made in time, and financial oriented. Now, through the success of various projects, the value of the company increases gradually.

Through the approach to the final goal, the action's value increases. Each investor can analyze and estimate its future potential, based on the progress and success encountered:

The contract signed with TATA Motors in 2007 and the continuing contracts and projects accomplished with Veolia, had given high value to the organization and our participated vision.
These results credit the valuation of the company, although there is no quantified estimation calculated for the moment.
MDI sells production licenses to investors in the international market. Therefore, the more license sales there are, the more valuable the project will be.
MDI holds the intellectual property of all patents filed for years. The application of these inventions requires royalties paid by the manufacturing partners for internationally licensed products. This perspective helps to enhance the value of the company of which you are a shareholder.

MDI's shares are not listed on the stock market, however, transactions are made through a mutual agreement between shareowners and potential buyers.

According to the daily appreciation, the parties will negotiate the estimation of the share value.

Question 5

The sale of shares

Accepted Answer

The estimates of the shares are made on a value negotiated between the parties, according to the appreciation that each can make of them.
 
The first investors who subscribed to the capital of MDI, or bought shares, disposed of them for advantageous amounts.
 
Over time, the value of the company increases along with the developments, the successes are achieved with the aim of reaping the fruits of the investments made in time, creativity, energy, involvement, and of course, finances.
 
The more time passes, the closer the final goal is, the more the action is valued and each investor can analyze and estimate its future potential, based on the progress and success encountered, such as:
 
The contract signed with TATA Motors in 2007 was in its time, and is still today, highly valued the project.
Ongoing contracts with Veolia credit the valuation of the company, although no quantified estimate has been calculated for the moment.
MDI sells production licenses to investors in the international market. The more license sales are there, the more valuable the project will be.
Finally, MDI holds the intellectual property of all patents filed for years. The application of these inventions requires royalties paid by the manufacturing partners for internationally licensed products. This perspective helps to enhance the value of the company of which you are a shareholder.
 
Since MDI's shares are not listed on the stock market, transactions are made by mutual agreement between the owners of the shares, whoever they may be, and potential buyers.
 
The estimates of the shares are made on a value negotiated between the parties, according to the appreciation that each can make of them.

Question 6

In practice, what if you want to buy / sell shares to other shareholders?"

Accepted Answer

There are more than 500 shareholders.
Some want to sell shares, others want to expand their portfolio. These motivations should be brought together in a simple, effective way and in accordance with the legislation.
MDI SA is not intended to organise the sales and purchases of shares of its shareholders because it would exceed the limits of its corporate purpose. Typically, shareholder associations manage equity issues, or specialized financial intermediaries with respect to purchases / sales.
For information :
 
Unlisted shares
An unlisted share cannot be traded on the stock market because the company has not made a public offering. It placed its shares directly with investors who provided the funds in exchange.
The price of these shares is therefore not published and it is difficult to acquire because the holders of this type of shares are generally not known or simply do not wish to sell them. These shares are usually issued by small or medium-sized companies and are often owned by the owner-managers or their family, who do not wish to "open" the capital of their business to outside investors in order to maintain their independence.
There are therefore two typical difficulties attached to this type of action:
The determination of their price. Since there is no listing, it is difficult to know the “worth” of a share in how much "is worth" a share of an unlisted company. To know it, it is necessary to call on specialists who will be able to propose, from the accounts of the company and all the available financial and strategic information, a price range.
Find a buyer for the seller, or find a seller for the buyer. The purchase of shares of a non-listed company is mainly made "over the counter" between two parties. It is however possible to acquire unlisted shares, via financial intermediaries such as specialized investment funds.
Source: iotafinance- financial instruments sheet

Question 7

Will MDI redeem my shares?

Accepted Answer

MDI SA cannot buy its own shares: it would hold its own shares, which is not allowed by law.
For some time, MDI SA has been financed, partly by the sale of licenses and other rights, and partly by contributions of fresh money into the company current account by shareholders, of which the main shareholder who re-injected into the accounts of the company the proceeds from the sale of its shares in MDI SA.
The bulk of the resources available goes to the development of ongoing projects, which are large consumers of capital, for the benefit of all.

Question 8

Who can buy my shares?

Accepted Answer

Individuals and investment companies may be interested in your actions.
Here again, you should agree with them directly on the transaction prices by negotiation between the parties (buyer / seller).
MDI is not a party to this negotiation, although the company provides evidence of the validity of the business.

Question 9

Does MDI SA intend to disperse with its various projects?

Accepted Answer

No. For many months now, two projects have been under development: the Air-Pod 2.0 and the emergency generator set incorporating the same engine as the Air-Pod. They have been the subject of licensing agreements and it is therefore very natural that we develop them to meet the expectations of our customers.
You can see on our site and our documents a whole lot of other concepts presented: the air bicycle, the lamp, the tuk-tuk, the boat, etc...
These products are intended to illustrate the myriad applications of the air motor concept.
Specialized companies in these fields could offer a market to MDI through partnerships, to launch these products in connection with their chosen field. In the event of joint ventures with partners for some of these products, or as soon as licenses for these projects are sold, we will move to the application and industrialization phase of the products concerned.

Question 10

What is the progress of the TATA Motors project?

Accepted Answer

TATA Motors' industrial strategy has evolved since the signing of the master license agreement for India. TATA will rely on the air motor project to power some of its models of vehicles. Our partner sent us a letter to show his satisfaction with our joint actions. (see pj)

Question 11

Risks and benefits of equity investments.

Accepted Answer

An equity investment is considered riskier than an investment in debt securities for two reasons.
Firstly, since the shareholder owns the company, the money invested by the shareholders is of a lower rank than that of the creditors from whom the company has taken out loans in the event of liquidation of the company. The risk of losing one's entire investment is therefore greater when one acquires shares than when investing in a company's bonds.
Second, shareholders do not receive a fixed income from their investment, unlike creditors. If, despite this, more and more investors turn to the stock markets, it is because the profit can also be significantly higher, (note: especially in terms of capitalisation: increase in the value of shares) if one chooses the securities on which one invests. This is all the more true as the investment horizon is long. "
Source: iotafinance- financial instruments sheet.

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