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Re: chiledog post# 79734

Friday, 03/15/2019 12:19:09 PM

Friday, March 15, 2019 12:19:09 PM

Post# of 80983
Eventually MDMN will cease to exist and the sooner the better. When that happens will depend on how MDMN distributes AUMC shares to MDMN shareholders. I believe the best option is a simple share exchange. In other words for every .00558 shares of AUMC you give up one share of MDMN. Simple since there is no need to distribute AUMC shares and encounter the horror stories of what happens in a penny stock with a stock dividend and a stock transfer agent. One day you open your stock account and you have MDMN shares and the next day you have AUMC shares.

In the first case MDMN ceases as soon as the exchange happens.

In the second case after a stock dividend of AUMC shares MDMN winds itself down. In this second case one day you have MDMN shares in your account and the next day you have hopefully MDMN and AUMC shares in your account. I say hopefully since there is usually big hurdles to overcome with a stock dividend. Then later MDMN goes away and all MDMN shareholders are now just shareholders in AUMC. The second way is much more complicated and time consuming.

I hope this helps!

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