Medinah Mining Inc. (MDHM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.000001000

-99.0%

Jun 3 1:07 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ken Sammut who wrote (15895)	6/22/1999 6:22:00 PM
From: Coz	Read Replies (2) of 25548

I spoke with my broker at Waterhouse today. Last week he told me my Medinah Gold shares would be delivered on Friday. This week, things are a little different. He said he spoke with their Corporate Actions department today and was told that they don't have the shares yet because these shares are not registered under the Exchange Act of 1933. In order for a brokerage to handle these share they would either have to be registered under that act or exempted. He said that the brokerage was working on getting the shares transferred over to them so they could distribute them to the shareholders, but without registration under the Exchange Act of 1933, the shares are not transferable and cannot be sold. So, he's not sure how this is going to work, and thinks the shares may come directly to me instead of them when the shares are available. He went on to say, he's never seen anything like this before and finds this quite interesting, and plans to keep on top of this issue until it's resolved. It is amazing how complicated this simple little dividend is becoming as the brokerages try to distribute it. --Coz

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next