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

To: EtTuBrute who wrote (4849)	8/4/1998 2:29:00 PM
From: craig poppe	Read Replies (2) \| Respond to of 25548

"The above transactions, approved by directors of all three companies, had the net effect of..." What a joke! Of course the directors of all 3 companies approved this shuffling. All three companies ARE OWNED BY THE SAME PEOPLE!

To: EtTuBrute who wrote (4849)	8/5/1998 9:05:00 AM
From: Mike Gold	Respond to of 25548

Must be thick headed but none of these new releases make any sense to me. I doubt I am the only one. Neither do any of the posts trying to explain the news releases! What the heck does this mean? "Convertible at the option of the holder to common shares of the Corporation at the ratio of $0.25 for each common share divided by the purchase price of each preferred share of $1.00 each" This is complete and utter garbage the way this is worded! Does it mean you get 4 common shares for each preferred shares? If it does, what don't they just say that? Ugh! Also, something does not add up with R-144 shares. Can anyone explain this? Signed , Confused!