Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Jane4IceCream who wrote (16784)	7/8/1999 11:08:00 PM
From: Handshake™	Read Replies (1) \| Respond to of 25548

This was my favorite part! If you purchase any stock or bond through a broker, it is being held for you under a "street name" by the DTC unless you have specifically requested to hold the certificate yourself. If you have a book entry stock or bond, you won't be issued a certificate. It's important to note that you have purchased that particular stock or bond without becoming a registered holder of the actual stock or bond certificate. Instead, you have become a beneficial owner. The difference between the two is like night and day. Take the time to absorb and understand the following definitions: REGISTERED HOLDER- A Registered Holder literally possesses, owns, and holds, his stock or bond with his name appearing on the face of the certificate. The company that issued the certificate has registered the owner's (holder's) name on their official books. This is the safest way to own a paper asset. You literally possess the fully registered certificate and only you can transfer or sell it. By all Rights and definition of law, you are the owner. You have it, you hold it, you possess it, and you keep it. You have the complete control over it. BENEFICIAL OWNER- A Beneficial Owner is nothing more than a beneficiary, "One who is entitled to the benefit of a contract"- A Dictionary of Law, 1893. All book-entry stocks and bonds you purchase make you the beneficial owner, not the registered holder. The owner of a book-entry stock or bond is the entity or name that it is registered under. The DTC owns that bond or stock, not you. Rather than in your name, it's registered (as the legal Registered Owner or agent) in their "street name", Cede & Company. (In the past, it may have been registered in your broker's street name, but this is no longer allowed). The DTC is the Registered Owner - holder - of your stock or bond. The DTC is the legal property-holder, shareholder, stock-holder, owner and purchaser. Your name appears nowhere on the book entry or certificate as the actual owner. Instead, you have been designated by the legal registered owner, the DTC, as the Beneficial Owner. This means that your lawful Rights in that stock or bond are confined to that of a successor or heir.

To: Jane4IceCream who wrote (16784)	7/8/1999 11:10:00 PM
From: bully	Read Replies (2) \| Respond to of 25548

Jailfood............................................................. WLD??? If what you say is true, then the "FIX" with S# is in, NO ONE with an OPPOSING POINT OF VIEW IS "SaFe" from the "inside gang"! Everyone has a price, I suppose! Where will it stop?? Happy Investing! "BULLY"!

To: Jane4IceCream who wrote (16784)	7/9/1999 12:55:00 AM
From: stan hope	Respond to of 25548

Jane, Geeze, I'm sorry. I forgot to inform every body here today ... Wld was took the day off. It seems he had acrewed considerable "comp. time," and it was the old "use it or lose it" thing, and he took the day off. Again, I'm sorry, I forgot. I'll try to be more diligent in the future. Stan