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


To: Handshake™ who wrote (13183)5/5/1999 2:02:00 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 25548
 
It doesn't matter what MDIN owns. They could own every last troy ounce of gold in the world, and it would still be a dilution. And there's nothing wrong with that, except when it's being sold as a dividend to make people think they're actually gaining something.

Your shares, before and after the dividend, represent the exact same amount of assets, potential or realized. Since you have more shares after the dividend, each share has less value.

As for ACA Howe, either they are part-owners of a company with NPEC/MDIN, or they are not. If they are, it just leads TO another set of questions that need to be asked.




To: Handshake™ who wrote (13183)5/5/1999 2:14:00 PM
From: superdow  Respond to of 25548
 
Sorry again if this info has been posted...but how do I receive my dividend, obivously, if there is a 50 million short position not everyone will be getting theirs anytime soon.

With respect to my registered shares, is mailed directly to my house by the company?
Does it simply appear on my brokerage statement even though it is not a publicly traded company?
What about my unregistered shares. Do I need to register them to get it?

TIA