DOCTOR WLD:
As usual, you state things with a negative bias intending to cast the company in a bad light. From the official website of MDHM:
76,300,334 shares outstanding 35,860,000 shares after preferred conversion 112,160,334 total common shares accounted for 100,000,000 total common shares authorized 12,160,334 deficit in common shares at this writing ADD: 50,000,000 newly authorized common shares 37,839,666 shares available for corporate purposes
Now, what's wrong with a company having 37 million plus shares available in the treasury? What do you mean by stating "it gives them a good excuse to dump the next 50M shares on the market"? Are you suggesting that they are doing something wrong by having the shares available? Have they done something illegal? Do you have FACTS to support your allegation that they are shorting their own stock and that these shares are for covering that short position?
As far as drilling the property goes, they will make a good show of it and rightfully so. This is why so many investors are involved in this company... To get the facts regarding the value of the property. You are again skewing the truth to fit your clandestine purposes to bash this company. Your employer must be proud of your effort.....HOW DO YOU FEEL ABOUT YOURSELF DOING THIS KIND OF WORK? Do you sleep well at night?
The Gipper |