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Thursday, 03/15/2012 11:07:59 AM

Thursday, March 15, 2012 11:07:59 AM

Post# of 80983
HR Explained Correctly-This is a Small Stock Dividend!
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.

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