SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Mr.D who wrote (15309)6/11/1999 1:51:00 PM
From: on parole  Respond to of 25548
 
I'm headed back to the office and will give you a call. Smiling like you, Mr. D.



To: Mr.D who wrote (15309)6/11/1999 2:37:00 PM
From: Coz  Read Replies (2) | Respond to of 25548
 
Mr. D,

Ideally it would be best to have all shares of MDHM and Medinah Gold delivered to you in certificate form, but at this moment, taking delivery of your Medinah Gold shares is critical. The accounting of Medinah Gold shares will unmask any short position out there.

Also, I may have a partial answer for anyone who holds Medinah Gold in an retirement accounts. The par value on the certificates issued will be stated as a tenth of a cent. Check with your tax man and see if you can use this figure if any tax penalties are incurred by removing the shares from your retirement account.

And I know everyone is sick of me saying this, but it's important. The 144 restrictions cannot be removed until your name appears on your stock certificates. You need to keep the pressure on your broker to get them to you. Make sure your broker calls the TA and requests your shares.

As far as MDHM share held in a retirement account goes, they are safe from shorts there. Leave them in your retirement account so you don't incur any penalties. The whole issue of requesting your certificates goes to keeping your shares out of the hands of short. They should be safe in an IRA.

--Coz