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Companies make their own images by the actions they take. Aside from that do you think that MDGM is worth .02 compared to other mining companies that are trading for a lot less.
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In my opinion if the SEC. haults a companies trading, then they most likely have strong evidence against a company, that their doing more than one thing that is questionable. If that is the case then investors should be very cautious of these companies. Of course this is just my opinion, I have not read what standards the SEC. uses to hault trading.
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DD, if all the board is negative and considers lost his money, RD is surely less motivated to pay the divy soon, and takes much more time possible for the bank rates!
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Stokker the divy should have nothing to do with RD,s mood. The way a dividend is distributed should be regulated by rules . DD I have never gotten any response from UDVE. STK give us something to be positive about,like a post from RD. about the date of ther dividend.
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IWI, RD is the only one that regulates the rules not his mood: he is UDVE's president,ceo and secr., he fixes the date, more in the bank, more rates, IMO.
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STK I am not talking RD rules. I am talking rules or laws that govern corporations, hopefuuly they are the same rules that RD uses . STK your talking like there is already money from a sale.
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Some how this conversation goes nowhere. If a company has done nothing wrong then there is no reason to care who looks into your company. The only reason I posted here in the first place is that a company I invested inwent off the board shortly after declaring a dividend.There was no response after there last announcement, there still has been no offical word of anything from UDVE or RD. and you wonder why investors are concerned.
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IWI, have you not received this email from RD:
"We are still committed to the dividend to shareholders of record as of June 30 05 only it will be delivered through the private company which the assets were transferred to, when we receive our assets"
These are RD's official words, the email is a legal document.
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At this point the SEC knows the payment date, everything is regular, a suspension/halting isn't necessary, they are waiting that day like the shareholders, IMO.
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Any reply to your complaints from SEC/NASD or Stocklemon?
I have read that since this year the SEC has reinforced his staff to better fight false communications suspending immediately the trading, inviting investors to signal them promptly if consider theyselves cheated.
More than two monthes are passed since 06/30, and the SEC doesn't given us any explanation till now, why?
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Look at thestockbroker.com there is a paid advertising again on the home page with an update link to udiresources.com, why they have not delete it?
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Offical press releases are not doing anything for my bank account, only the divy will. I haven't seen any press release on the divy date.
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Yesterday the price of gold have had a breakout touching the highest year's level, RD is maximizing profit of Guyana assets for divy's payment.
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NASD/SEC continue don't reply to our questions about UDVE's divy,(my first one was in mid-May!), that means the only thing to do in this case is waiting the fatidical date.
Only RD and NASD/SEC know this date!
More we spend one's time, more we must convince of this.
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