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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: Ken Sammut who wrote (11155)4/14/1999 12:22:00 PM
From: on parole  Read Replies (1) of 25548
 
Good points Ken. CDCH is unusual to me in that it already has shareholders. I think of a shell as not having any active shareholders, thus the accounting would be simple. I will be interested in seeing the details of how all this will be structured. Let's assume certain properties are moved into the shell and are sold with MDIN shareholders receiving a dividend. Would these present CDCH shareholders participate in the proceeds simply because they owned the shell but never invested in these particular properties? Seems like it would be a heck of an unexpected Christmas present to me.I'm sure there is some logical reasoning behind the structure but we'll have to wait for the details.
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