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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (3030)5/23/1998 5:14:00 PM
From: Savant  Read Replies (1) | Respond to of 34075
 
Would be closer to 1/5 of a cent...................................................
On November 8, 1994, Registrant issued 20,000,000 (adjusted post split on a
5-for-1 basis) common restricted shares to Golden Eagle Mineral Holdings, Inc.,

3

a Colorado corporation controlled by Mary Erickson, the Secretary and a
Director. Consideration for the issuance of such shares was the delivery of a
Secured Corporate Promissory Note in the amount of $25,000.00 at ten percent
(10%) interest, due on demand.



To: CIMA who wrote (3030)5/23/1998 7:45:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 34075
 
<< Most of the options/shares held by insiders and others offering services to the company, mainly family of Mary and Ron, ex-employees paid shares in lieu of salary, collateral for the Texas bank loan, promoters and other professionals, were priced at a dime though
some went up to the .30's if I recall. >>

90M-100M outstanding and possibly as much in ITM options is certainly another story.


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