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 : Medical Resorts International Inc (MDRE) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Puchyr who wrote (28)	9/17/1999 12:06:00 PM
From: jocko	Read Replies (1) \| Respond to of 35

Hi All..... Sorry for the delay in respomse :-) But this might help something :-) The POSSIBILITY that SYD could do this, with NO advance warning whatsoever, is precisely what would cause SYD shares to reflect a significant portion of the value of Sideware Corp. Anyway, here's an example of a company that is doing exactly what I've described. (I'm not trying to hype MDRE, just using them as an example. They are, IMHO, not an impressive business.) The following is from an MDRE PR issued either yesterday or today (I forget which). ----------------------------- "Further to news in Stockwatch on July 23, 1999, Medical Resorts International intends to declare a dividend in specie consisting of three million common shares in the capital of International Biotech Corporation to the corporation's shareholders of record as of Sept. 21, 1999. The dividend in specie will be distributed on a pro rata basis to the shareholders of the corporation. Medical Resorts International is the controlling shareholder of International Biotech Corporation and the proposed distribution represents approximately 36 per cent of the issued and outstanding common shares of International Biotech Corporation." ------------------------------- Dora -- Please feel welcome to copy this to SI if you wish. If you do, give my best to KrisCo, who is doing a fabulous job of stimulating discussion on SI re: "tiny Sideware!" Best regards,