Mensa Mining Corp (fka EQBM)

[4Godnwv]

W,T,F - <Does anyone know the mechansisms that enable trading in multiple Markets like we will have here soon with both Pinksheets and the Frankfurt Exchange in full operation? What I mean is how does the same block of shares get handled between multiple Markets?>

Between poster 'rrufff' and a nice lady at TDAmeritrade I think I have a fairly accurate answer to your queston.

Assuming you are an American, your US account is set up to trade stocks in $USD which are assigned symbols by the exchanges that they are traded on, i.e. NASD, NYSE, OTC:BB, etc -

If you want to trade a stock, for example that is Canadian, you must use the symbol assigned for trading in the US. Your broker will deduct the appropriate amount in US dollars from your account and convert them to Canadian.

There are no 'extra' shares created for trading in America, just a different symbol.

Hence, when the Frankfurt exchange begins trading EQBM, it will do so with a different symbol, but not different shares.

A person in Germany can buy your shares thru his/her broker just as you would sell them thru your broker here.

If there are additional shares being created by EQBM, and I believe that there are, it is NOT to facilitate future trading in Frankfurt. It is more likely that some sort of financing is being undertaken.

There is however the distinct possibility that 'restricted' shares might find their way into the market thru exchanges which are more lax than those watched by the SEC, (if that is possible).

4God