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

To: Ancil who wrote (5340)	8/14/1998 7:15:00 AM
From: Mike Gold	Respond to of 25548

Ancil wrote, "Yes they are and a lot of people have bought it. Quiz If MDIN reorganizes who owns the assets. A: DR MEAD B:ANCIL C: PREFERRED SHARE HOLDERS" I assume you are saying that MDIN did the share shuffle last week because they are getting ready to declare bankruptcy and since Larry and his cohorts hold the preferred shares-they will get whatever is left of the company? So what? If MDIN goes bankrupt, any one who knows anything will realize that shareholders traditionally get nothing-we are at the bottom of the food chain-court costs, attorney fees, creditors will all have their fill before shareholders get anything.