Oidon Company, Ltd. (OIDN)

[muleofkintire]

Hello Rivet, this is just my impression of the situation. Management informed the participants of the call that60% of the 1.1 billion shares (660 million) was owned by management and that diluting of shares had seceded more than six months prior.
We the members of ihub MGMX message board own approximately 200million shares, not including the lurkers. I believe that Ken lamb is telling the truth about how many shares that management own. If management gets a geologist to put his stamp on a document to say there is gold, I do not believe management will want to sell their 660million shares. My concern at present is how to get a geologist to put his stamp onto a piece of paper. During the call it was also stated that none of the gold in any off the mines was hedged. Out of all the questions my greatest concern was hedged gold in the ground and that appears is not an issue.


Mule