SI
SI
discoversearch

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: Coz who wrote (6421)10/4/1998 1:43:00 PM
From: Handshake™  Read Replies (2) | Respond to of 25548
 
Cos, one does have to be careful how information is disseminated and whether the SEC's definition of "insider info" and "public" has been breached. Our desire to have a or many board seats is to not get "insider" information, but to have a say on how such things like information get to its shareholders and what is said. The obvious "flair" of Medinah's news releases and its obvious price erosion have bordered on the "pump and dump" variety. Its the nature of the BB business, but thats not to say a well managed, highly ethical business has to follow the leads of others. With the checkered past of many BB stocks, stocks that have Vancouver connections, and the checkered pasts of some of those that have connections to Medinah, there are many things that have to addressed and overcome in order to assure Medinah shareholders that their hard earned dollars will be invested wisely and not lining the pockets of unscrupulous individuals. Again, I'm not pointing the finger at anyone in particular, but we sure could play some checkers at the agm.

:-)



To: Coz who wrote (6421)10/4/1998 1:51:00 PM
From: Handshake™  Read Replies (3) | Respond to of 25548
 
And Gary and I have discussed this but usually in the articles of incorporation stipulate that the board of directors have an indemifications clause, but as in all "merican" law, suits can be brought forth for just about any reason. I would think, and you attorneys please help me on this, but if I was acting in the fidicairy role as board member and did not commit fraud, or otherwise knowing that I was breaking the law I would be ok....We were able to sue all those John Does at Dayton becuase of what they published in their annual report, and thus knowingly misrepresented its shareholders. TRUST ME, if I was a Medinah board member and saw something that was just a little sleazy, the boys would regret having me in the same room. Bad enough, they have to put up with me now..LOL!!!!

:-)
GoooooooooRams GooooooooColts....GoooooooSEC..(SouthEasternConference)
Way to go Dogs...what a team!!!!Made lunch meat out of my Tigers!



To: Coz who wrote (6421)10/4/1998 2:05:00 PM
From: on parole  Respond to of 25548
 
Cos, the main point to check out is if the company carries Directors & Officers Liability and the limits are sufficient to address a board member's concerns.

Realist