Medinah Minerals (MDMN)

[easymillion]

Thanks Billy Jack!
Your thorough sluthing is something we could use more of, instead of posts based on something as ridiculous as tealeaves, and passing that kind of stuff off as DD.
A while back I got the following response from TDA to an inquiry:
"As far as how we hold these restricted shares, we were given a "Contra position" from DTC. This is just like a place marker. What we are waiting for is the actual physical certificate and we will hold this here in house in physical form. TDA has its own clearing firm, TD Ameritrade Clearing Inc."
Your post affirms that we are all likely still holding place markers for our divy shares in street name, regardless of which brokerage we have, until we hear otherwise.
The DTC, as I understand it doesn't hold physical share certificates for the pink sheet companies, but does distribute the physical certificates from the TA to CFs ... correct? So, someone on one of the boards said TDA had something like 340 million shares in TDA accounts, therefore TDA CF should have something like 340 million "regular" physical share certificates backing the "regular" unrestricted share entitlements in street name. Apparently, at this point there are only journal entries (Contra positions), while they await final delivery of physical share certificates, for the restricted divy shares passed to them from the DTC. 34 million restricted share certificates sure sounds like a lot to me, based on what I thought I was hearing from the Scrutineer's Report.
After the announcement is made, however, there will be positive and frequent PRs, an avalanche of new buyers from the community of mining investors at large, and the volume and PPS will increase dramatically. Count on it!
If You're in ... You're In
Invested in the Mountain…
And that’s what counts!
Easy