Still up to your old habits of innuendo, insinuation, misconception and just plain ignorance, I see.
During the past week have you answered the questions from post #17518?
Here's the cut & paste to refresh your memory.
"Medinah Mining, under the Securities Law Act of 1934, has to follow certain rules to be deemed a "public" and issuing Company. One of these rules is that the issuance of ownership of the Company (common shares, preferred shares, etc.) be distributed through an agent according to the lawful rules of the Act and the regulations of the
Securities Exchange Commission and that the agent (the Transfer Agent or T/A) be at arms length to the Company. Medinah does NOT issue the physical certificates, it is done by the Transfer Agent appointed by the Company."
"Now, are you suggesting that Medinah Mining is breaking these rules? That they are in collusion with the Transfer Agent to contravene unlawfully the Act? Are you suggesting that the Transfer Agent would risk their Charter to conduct business for a undetermined gain or some form of extra remuneration from Medinah? What's the business advantage to the Transfer Agent to be a party with Medinah in your conspiracy theory?"
You speak of 111,000,000 shares outstanding with the options exercised. Are you counting the preferred? How many options are you counting?
I count 71,300,334 common shares issued, 8,965,000 preferred convertible into 35,860,000 common shares, and therefore a total of 107,160,334 common shares fully diluted. On this basis and using your figures this would leave of grant total of 3,849,666 option shares. Hardly an overwhelming number. In fact, it's less than the major stock exchanges allow. Where did you get your figures from? Or should I say from whom? |
