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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: on parole who wrote (13236)5/5/1999 11:04:00 PM
From: gianelda  Read Replies (1) of 25548
 
I think this post from Ragingbull will save me the writing:
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By: RichR
Reply To: None
Wednesday, 5 May 1999 at 5:30 PM EDT
Post # of 524

I don't post on SI, but sometimes I wish I did. Especially when someone says stupid things
there. W-L-D keeps posting that this dividend is a dilution and it is NOT. A dilution occurs
when a shareholder's percentage of ownership goes down; i.e. a company issues more
shares to raise money. If I owned 10 shares out of a total of 100 and the company issues
another 100 to another investor, that's a dilution. If I own 10 shares of a 100 total and the
company issues 100 more shares, but gives me 10 of them, I then have 20 shares of 200
which is NOT a dilution. Stock splits are not dilutions either. He is VERY WRONG calling
this dividend a dilution, it simply isn't. Furthermore I think he knows this. If anyone wants to
copy and post on SI feel free.

Rich"""

Regards
Gian
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