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: chip who wrote (17682)7/29/1999 9:28:00 AM
From: Win-Lose-Draw  Respond to of 25548
 
Someone using the alias "Thumper3" looked like they were starting to respond to this, then disappeared when asked if they were, in fact, Russell Godwin or a Director of Medinah Mining, Medinah Gold, or NP Energy. These are Russell Godwin's actions while President of V.MXR. Note that at the time Russell's company RGM was also doing work for MDIN/MDHM.

A chronology from the public record, all from 1997:

Feb.26 Acquires 750k shares (approx. 10%) of MXR
Feb.26 Unacquires 750k shares of MXR (No typo, same day)

[Insert price spike on mining rumors. IR for MXR is none other than RGM]

Mar.13 Sells 128,500 shares of MXR
Mar.14 Sells 11,500 shares of MXR
Mar.14 Releases a PR stating he has acquired 10% of MXR. Again, no typo, same day as the inside sell.
Mar.17 Sells 32,500 shares of MXR
Mar.18 Sells 25,000 shares of MXR
Mar.19 Sells 4,000 shares of MXR
Mar.20 Sells his last 8,500 shares of MXR while the SI thread is still buzzing about how lucky they are that the president owns a 10% stake.

[skip forward to 1999]

May.26 MXR becomes MVI and undergoes a 7:1 reverse-split

This is all from public records. Basically, immediately prior to issuing the release concerning his increased stake (in fact some on the same day) Russell sold ~140k shares. Immediately afterwards, he sold the remaining ~70k shares still in his name.

Now go back and reread the J. Nelson's post, paying special attention to the part about share-structure. :-)

beta.siliconinvestor.com



To: chip who wrote (17682)7/29/1999 11:02:00 AM
From: bully  Respond to of 25548
 
They..............................................................

Might want to talk to someone in the "deal"!

"BULLY"!

:)