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

To: Mike Gold who wrote (4654)	7/29/1998 9:21:00 PM
From: KMT	Respond to of 25548

Mike: I think you're there. KMT

To: Mike Gold who wrote (4654)	7/29/1998 11:19:00 PM
From: J. Nelson	Read Replies (1) \| Respond to of 25548

Sir, Mike: 5 to 1 common to Prfd. take 53,800,334 - 23,800,334 = 30,000,000 30MM is 5 to 1 prfd. or 23,800,334 + 5,000,000 = 28,800,334 OK, now when???? as the 5 to 1 rate may have been done any time in the past yet just filed for conversion with the TA, yes that may have been done at .50 cents so the basis would be $2.50 for Pfrd. So try March 06, 1998 and you have 100 trade days to anounce it with the TA, the average would be $0.5090 at that time. now it's 100 trade days later and wammmey no anouncment. just 28,8 MM shares. Give NPEC more like for there 20% of the holdings in Prfd. issue and convert the rest of the 144R stock to Prfd. is a possiblity. or just common to NPEC and Prfd issue to the 144R stock holders of record. A Major moves in buys out 51% of the Prfd. issue and takes the rest after developlment of the projects, at that time we get news on time from there after. Would this work?? that's the question IF... or If, if, if, hmmmm nice guess yet who knows. not I yet it seems to be very warm. No wonder they gave us 10 days it will take that long to do this..