Thursday, March 15, 2012 11:07:59 AM
Strictly, from accounting and journal entry perspectives a small dividend (less than 25% OS) in stock is different than a stock split. Any further discussion is just deliberate confusion.
I'll take the 10% Small Stock Dividend gladly, as it is clearly meant to NOT drastically have an immediate effect on share price. Rather, the company is confident in rewarding current shareholders, knowing that Medinah Minerals is clearly moving forward to become a Capital Company with mining assets that will yield increasingly large amounts of cash. As properties are proven up with continued drilling, open pit mining, and 15% retained interest in smelting revenues, Medinah's balance sheet will show profits. The company is poised for rapid revenue growth. Clearly, the company is anticipating rewarding shareholders.
If You're in, You're In
Invested in the Mountain ...
and That's What Counts!
Easy
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM
Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024 • ELMGF • Oct 30, 2024 9:08 AM
CBD Life Sciences Inc. (CBDL) Announces Grand View Research Report Findings on High - Growth CBD Equine Market, Aiming to Drive Unprecedented Shareholder Value • CBDL • Oct 29, 2024 10:19 AM
Integrated Ventures Announces Partnership And Lease Agreement with Driptide Wellness - Leading Health and Wellness Provider. • INTV • Oct 29, 2024 8:45 AM