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


To: Mike Gold who wrote (13977)5/15/1999 8:11:00 PM
From: J. Nelson  Read Replies (1) | Respond to of 25548
 
Mike: Yes July is closing in and will soon be time for full reporting. Has anyone checked out the stat's on if they can bring the shell of the past up to date for full accounting? I was told that the shell may have some problems with past records to get it up to full reporting.

It was for that reason that IMO. the MDHM came to be yet the old books pre transfer would have to be clean to move MDIN over to MDHM I would think.

Have you or anyone ever asked to find out???? What happens to a company who cannot come up with all of the figures for the SEC by say July. Would they be halted until the time of the full reporting stat. is gained and agreed upon by the SEC? or do they just drop to Pink Sheet until the reports are done?

Got any ideas???

Regards,
Jim...



To: Mike Gold who wrote (13977)5/15/1999 9:22:00 PM
From: Handshake™  Respond to of 25548
 
Mike, all along it has been a hide and seek game. No matter what their reasoning, they could not have acquired the properties they did and the caliber they are without being secretive about it, plain and simple. Being fully reportive would not have helped one bit. Look at Dayton does being fully reportive and SEDAR capable make that company worth anymore than Medinah Mining. The majority of the reporting junior's stock price is in the cellar, and being reportive has not helped them one bit. In the end, not one seller of MDHM that makes a substantial profit will care if it was a reporting stock or not. No matter how credible management is or isn't shareholders buy stock to make money. We have just grown to accustomed to the Mayberry RFD style of investing...We expect our CEO's should run their companies like Aunt Bea.