Medinah Mining Inc. (MDHM) Message Board

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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: Wes Stevens who wrote (13338)	5/6/1999 5:07:00 PM
From: Coz	Read Replies (3) of 25548

They've posted a letter from Larry Regis on the Medinah web site: medinahenergy.com I have been working to understand this share dividend, record date, and ex-dividend date thing. I spoke with IR again, and here is what I was told. Normally you have a cash dividend, and with a cash dividend you have the ex-dividend date three days prior to record date. In this case, because it is a stock dividend in a private company, they have called a record date without calling an ex-dividend date. The stock is record date as of tomorrow, Friday, but it is not ex-dividend date until the company gives the shares out. This comes through management from their securities lawyer. IR says that the company has been quite clear that they will give a dividend if you are a purchaser by the record date--not closed or settled, but a purchaser. I asked if I buy shares tomorrow if I would get the dividend and was told that I would. I think Wes makes an excellent point, that you should call your broker and see what they have to say.

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