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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (20445)	11/16/1999 10:49:00 AM
From: Handshake™	Respond to of 25548

What on earth are you talking about? That isn't even remotely what the PR said. MDHM becomes MDHME, there is no way to avoid that now. Nobody is "merging" with MDHME! On the contrary, Les and the boys are going to dump tens of millions of MDHME shares on the market to buy a few percent of some NASDAQ company. The reason they need the 200 days is because the selling party doesn't want MDHME stock, so Les and the boys need time to dump it and raise cash. There is no merger here. What kind of merger is that when noone wants the stock of one of the supposedly-merging companies? There is no NASDAQ listing for MDHME. If - and it's a big if - this goes as suggested they're going to have 8% of a company that generates ~$400k in annual earnings (based on $300k for the past 9 months) making MDHME's share about $35k. Tom, looks like you lost your reading glasses again! Lake Elsinore, California ? November 15, 1999 ... The Board of Directors of Medinah Mining, Inc. (Medinah), pursuant to the authorization given to them by the shareholders at the October 25, 1999 Annual Shareholders Meeting, wish to announce that Medinah has entered into an agreement to acquire the stock position of the largest shareholder of a NASDAQ trading company. Under the terms of the agreement and the confidentiality agreement, to complete the intended merger with the NASDAQ company specific conditions must take place within a maximum period of 200 days starting November 11, 1999.