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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)
MDMN 0.000001000-99.0%Jun 3 1:07 PM EST

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To: Alan Whirlwind who wrote (23120)4/12/2001 8:36:54 PM
From: Mighty_Mezz  Read Replies (2) of 25548
 
re "Shares that fail to be turned into certs by May 1st will be rendered null and void."

So you're saying the someone who keeps their certs in the wall safe, and has been away on an extended world cruise or something, might come home May 2 to find their Medinah certs have, in their absence, become worthless, and will not be honored by the company?
I don't think so!

The SEC might have an opinion on whether they can do this.
I've seen citations of state law allowing this, but not Federal law, which takes precedence when companies are traded.

It sounds an awful lot like the short squeeze which was supposedly going to start on May 7, 1999 when they spun off Medina Gold or somesuch.

Companies are not permitted to manipulate the price of their shares this way. I anticipate Federal intervention.

... Mezz - The share price sure doesn't reflect the claims of the true believers. And the tape seldom lies.
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