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DD, when the SEC investigated MLON imposed to Mario Pino to publish that every precedent news was fake, why nothing is happened to RD?
I think a lot of people send them a mail since may when the divy news was published first time, but the SEC has never officialized an investigation about UDVE till now.
I think the patient will be rewarded IMO.
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The way UDVE stop operations a R/S would not affect anything. It would mean less shares divided into the same amount of money, meaning more money per share.
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I hope you're right Stokker. But there are several things that bother me. 1. Why no commmunication to investors. 2.How do you take a public traded company and transfer funds into a private holding. 3.If there is a dividend and its not made public, how will we know? If the dividend is distributed thru brokers and if they shorted this stock they are not likely to tell us.
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Iwishihad (I wish I didn't - can't let it making that remark),
I follow you on this. I'm worried. If you know as well that I tried several times to get in contact with RD and only got the one sentence reply back, ... It only strenghtens my fear that we've been scammed.
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DD'n IWI, let pass the summer, the gold is attempting its highest since mid-88 and I think RD has not received the assets because wants obtain the maximum price.
He have the complete shareholders list and when will cash it he will communicate us by email and will pay us like a normal divy through brokers IMO.
DD, you will see no reply from SEC, too.
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Don't believe so. It stated that he had nothing to do with MDGM in the pR's.
But if he did, he controls by dilutting our part. There is now 44 million O/S of MDGM. Multiply by 10000 and you get 44 billion of old UDVE versus the +/- 400 million O/S of UDVE.
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DD, MDGM is going down slowly towards 0001 with probably another r/s (without divy this time!) and don't believe to the 44M O/S because they are changing day by day, maybe today are 70M, when the stock price will be 0001 the O/S will be 1B.
The July 1st MDGM started with only 10M, do you remember?
RD has resigned from Greyfield Capital(look at GRYF situation!) to follow: 1)the cash of UDVE assets 2)the MDGM joke 3)an official return on the market! IMO
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Stocker I' having a little trouble following where your going. It appears that you have an inside track to UDVE and MDGM can you elaborate? 1.It is almost the end of summmer. 2.I have sent many E-mails to UDVE with no response and made many phone calls to the number that was listed and no one picks it up. Do you know what state MDGM is incorporated in? Do you know what state or county it is license in? I have been doing a little more research and at this point things don't add up, but im not done. Double Diamond ----Im with you IWISHIHADN'T
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IWI, you haven't received any email and phone response because there isn't nothing to write or to say till now. When the assets will be received somebody will reply by email and response at the phone, IMO.
The finance world is of few words, only the money count!
Address: Blaine WASHINGTON State Incorporation: OREGON State (go to pinksheets.com - MDGM company info)
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If your interested in finding out more about UDVE-MDGM go to Oregon Secretary Of State- Corporation Division and put in Mindenao Gold Mining Corporation. Click on 'Mailing and Merger Information'.
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STK what do you mean by again. It appears by the document I have that the merger transaction date was 6-24-05 which appears to be 11 days after MDGM became a corporation.
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STK- Your obviously trying to justify their actions whatever your reasons. My concerns are 1.The dividend. 2.Share stucture given to investors at the time UDVE supposedly separated into a private entity on July 20,2005. The secratary of state corporate division in oregon states they were merged in some way June 24,2005. Again what portion of MDGM should have been given to shareholders of UDVE? This question was asked by another person on this post.
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I sold my UDVE shares at $1.5 on July 2nd when my broker registered the name change because to cash the divy was important to mantain UDVE shares till June 30th at the market close, this is the question.
If you have UDVE shares sell today because is not important for the divy purpose, MDGM is another entity.
RD also sold the first week of July at $0.7-1.5 450-500M shares, do you remember the multiple 2500-5000 blocks?
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DD, I'm not connected, I only remember times&sales of the first trading week, pay attention, I say:
RD sold 450-500M in multiple 2500-5000 blocks that correspond at 25-50M shares before the 1/10000 r/s, he gained about $50000 only because sold when the price was around $1, the today's value should be $2000! (50000 shares x 0.04)
Furthermore, if you remember the first trading week there were only sales and none buys, because me and many others have reasoned in this way, following the RD sales.
Unless the RD's blocks, the others were only in 100-200-300-400max500 size, the old little investors like us that sold the 1M-2M-3M etc. UDVE shares.
The most important thing is to have not sold before 06-30, not mantain MDGM shares, I'm not interested if you don't want sell, you have achieved yet the divy rights the 06-30 afternoon at the market close!
MDGM has nothing to do with UDVE directly, the shares that you have are only MDGM shares and nothing more, going to 0001 and to another r/s, IMO.
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After reading Double Diamonds 8-15-05 post which states that UDVE had approx. 320 million o/s as of June. I read STK post that states Robert Doherty sold 450-500 million shares, I am wondering how many O/S shares were there as of June 30,2005.
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IWI, the o/s declared on the pinksheets site as of June 30 were 448M. I say 450-500M approximately but surely nearest 500 or more because the last UDVE trading day (06/30) was a key day for RD: he raided shares till last hour of trading at 0003/0004 when the panic selling grew up for the r/s news (go to otcbb.com daily list as of 06/30) and don't forget that the daily volume was 70M, the highest of UDVE history, raided the 06/28 at 0004 too, IMO.
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STK The O/S shares would have to be over 500 million shares unless me you and the few people that have posted our the only investors that held UDVE stock. If UDVE had 2.1 million dollars to divide between 500+ million shares the divy number makes no sense. That was an interesting statement about RD.
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Stokker here is the bottom line qustion. Since you have the inside track with RD do you think that the divy will come before the first week in Sept 2005?
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IWI, 1) RD has declared a minimum price of 2.1M, that means he has launched an auction with a minimum base, if has sold at +-3M divide +-500 here the divy with a sense.
2) I'm not an isider, I'm not fool, are simply my opinions.
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