To All Schwab and National Discount Brokers Account Holders Concerning Dividend Possession:
I received a correspondence from MGI (Medinah Gold, Inc.) regarding my request for dividend allotment. The letter states:
In reply to your request to American Registrar & Transfer Company regarding your dividend allotment, please be advised of the following:
1. American Registrar & Transfer Company, as agent for the dividend distribution of Medinah Mining, mailed a share certificate to all registered shareholders of Medinah Mining, Inc. of record date May, 7, 1999.
2. Included in the distribution was the application number of shares registered to Cede & Co. of New York, who hold the shares for their member brokers including such firms as Charles Schwab and Company, Inc., National Discount Brokers, ect.
3. We as a company, and our agent, American Registrar & Transfer Company, have "only records" of registered shareholders.
It was, is and remains the responsibility of the individual broker firms to obtain form their agents, Cede & Co., the applicable number of shares that you might be entitled and deliver same to you forthwith.
If we can assist you in you pursuit, we would be pleased to co-operate, however, your ownership and entitlement remains with your broker and it is their responsibility to obtain your shares from Cede & Co.
Thank you,
Yours truly,
Les Price
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