Vince: Share count on 10/1/98 was 36,800,334 + Class "A" of 8,965,000
at a conversion price of 1 to 4 at $1.00 each share or $8,965,000 in cash.
So any word on what the total of the Common, Class "A", and any other issue
is at this time and day of the AGM, of MDIN?????
With a 4 to 1 conversion the issue would be 35,860,000 + 36,800,334 = 72,660,334
The value would be $8,965,000 + (todays close on the common at .17 cents)
is $6,256,057 = $15,221,016 or a value of $0.2095 So IMO. the price of this
issue is off a little at this time. right? hmmm what you say son?
I think it was on Aug, 4, 1998 that MDIN had 53,800,334 shares and 25,000,000
were tired. issue droped to 28,800,334 and now is 36,800,334 for a gain of 8,000,000
with the flow or (float) reported at some 5.5 million. So what is the frosty, float
for MDIN...?...On or about Jan 22,1998 there was reported to be 39,130,334 shares issued
with 31,232,000 Restricted Shares. of that total some 30,332,000 were to become free
over 97 to 98' and Options of 3,000,000 at .10C-144 stock. Question what happend to
the options? WHERE ARE THE FINANCIALS THAT WERE TO BE DONE BY "SEC AUDITORS" FROM THE
TRIP OF LES PRICE AFTER DEC, 31, 1997???? THAT HE SPOKE OF ON 1/23/98'? |
