quote:Originally posted by stokker: Another bagholder, are you waiting the next r/s?
For the last time: you have achieved the divy rights on 06/30 at the closing markets, not maintaining shares till now, MDGM is another vehicle, reread better the 06/30 PR, you should have sell the first week of July to save something.
You are a United Shareholders Holding Corp. shareholder now.
When you will cash the divy you must hang upon the wall in front of you your Socrates motto.
When
Thanks for the hindsight stokker. you are 100% correct I should have sold. just another one of lifes little knocks, Great ideal about hanging it on the door except maybe on the bathroom door. "just in case it might have some actual use in there" LOL
Posts: 406 | From: Michigan | Registered: Jul 2005
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posted
CYC, is not hindsight, I have simply read the 30/6 and sell promptly the first tradable day after the r/s and my broker changing name update, because it was clear that MDGM was another entity, the divy rights were achieved automatically at the closing market.
If you think better hang your motto in your bathroom it's a your choice.
Posts: 118 | Registered: Aug 2005
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Stokker- I don't think anything was clear with these stocks at the point of the RS. Except a RS. I was not trusting anyone on PR. releases, that's how we got into this mess in the first place. Cyclekitty keeps hers to remind her ,I sold mine so I would not have to look at it anymore. If we did all the things we should have done on the penny stocks we would all be rich.
Posts: 3875 | From: ca. | Registered: Jul 2005
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I was gone most of day just say your post. This is rather a waste of time, because we all would like to see a divy. After this length of time you expect everyone to be happy when a CEO. who doesn't even bother with PR. to investors after just shutting down a company. You have every right to brag that you lost less money than someone else on a stock, but I prefer not to have those bragging rights.
Posts: 3875 | From: ca. | Registered: Jul 2005
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DD, was the teacher of the obvious, some of his sentences were: the sky is blue, the water is wet, the summer is hot, etc....
Posts: 118 | Registered: Aug 2005
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I had UDVE, can't even remember how many shares or how much money, I now have 6 shares of MDGM and about .96 cents. I will hold these shares even after I am dead just to keep them on their books and obligations. If there is a dividend coming I guess I could expect .10, maybe.....A great lesson in pinks, I have been advoiding them ever since. By the way I also have UNQT, ICAN, & Cnes. Anybody have these and any hope for profits?
Posts: 216 | From: Florida | Registered: Feb 2005
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I don't have any MDGM shares anymore, it looks like it went into hibernation, investors might be holding back after seeing what has happened to UDVE, feeling that history might repeat itself. Many investors like myself are still holding for a divy from the assets of UDVE before MDGM and UDVE merged.
Posts: 3875 | From: ca. | Registered: Jul 2005
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RD and MM are now considering the scarce success of MDGM stock and they let it die before an easy foreseeable r/s, after that they will quickly bottom down the new venezuelan entity and then RD will update the UDVE shareholders, with a phenomenal bounce of the new stock, IMO.
Posts: 118 | Registered: Aug 2005
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I don't think that's a very good sign, maybe since MDGM is hardly trading, RD. has cut back on expenses.
Posts: 3875 | From: ca. | Registered: Jul 2005
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One thing is for sure,we are not seeing any of it. The first of the year is coming, I guess the upside is we can write it off ,I think.
Posts: 3875 | From: ca. | Registered: Jul 2005
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Send this the 12th to the SEC - no answer yet
Dear,
I know that it is your modus operandi not to communicate on any investigations. Still I wonder what is going on. UDVE is no longer trading (no longer exists), so I would kindly like to ask you : Are you looking into the practices of R Doherty and UDVE ? It seems that Mr Doherty was involved in Greyfield Capital (GRYF).
If you have an investigation running in UDVE this could not harm the PPS !
We're nearly 6 months later and the dividend is not there, there have been no communications, Mr. Doherty can not be contacted ? MDGM has at the same time lost its value completely.
posted
Good move DD. Think if we want to see any dividend, everyone on this thread has to complain weekly, till the sec get sick of us. Maybe a standard letter of complain, so we only have to copy and paste. Think IWI will agree with this action.
Posts: 425 | From: NL | Registered: Jun 2005
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I agree 100%. The only way we as investors can make a change to what's happening, is to file complaint's with the sec. and any organization that might help. It is getting to the point where some of these company's (CEO'S) feel they can do anything they want with investor money without any accountability and it appears they are right. We as investors have to keep after the sec. and other agencies, then one day it will change. It is a pain for investors to do this, but is well worth it, in a long run. With UDVE I hope it not to late, although we did try,lets keep trying. Rd. makes no attempt to inform us of anything as investors, so what else can we do.
Posts: 3875 | From: ca. | Registered: Jul 2005
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It is funny, isn't it ? Some of these guys indeed just keep on going for it. They start up some business here, some there. Look at the MLONs, CMKXs, ICANs of this world.
What's even more funny : they get away with it.
We're at the wrong part of the business. Let's start up a business, pump it over here, increase the O/S to billions, then just leave ...
with the dollars in the pockets !
Posts: 749 | Registered: Aug 2005
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Preparing a new mail for the SEC (as I received no answer from the last one + that gave me time to run through some PR's) :
Have some questions in regards to MDGM :
November PR made the following suggestions :
“Going for Gold - Mindenao Gold Mining (OTC: MDGM) have signed a Letter of Intent with a private investment group for an acquisition of the Grand Pacaraima Gold property. The property is located in Southern Venezuela near the borders of Brazil and Guiana. This concession was granted in 1981 for 40 years at 3,500 meters long by 3,000 meters wide or approximately 4 square miles. Based upon completion of the transaction, Mindenao Gold Mining would propose a name change and discontinue any future development program in the Philippines.”
So what they’re saying is : we had good claims. Ref. PR 08/03/2005 :
“Mindenao operates in the Philippines under the company name Siennalyn Gold Mining. The company has rights to mine on more than 4,700 hectares of land, which is equivalent to 11,617 acres, in one of the richest island groups in the Philippines. This island group contains more than 80% of the country's iron reserves and sizeable deposits of the country's gold and other precious metal reserves. The company has made available to the public, imagery maps and a geological report of its mining operations in the Philippines. This information can be found at http://www.rbic.us/philippines/sgmc/scan/. There are more than 54 pages of documentation. The company urges all investors to thoroughly review all information and to contact the company with any questions. “
MDGM owns 100 % Siennalyn. The link gives you info from a so called independent report dating back from … 1998. MDGM wanted to invest in it together with the Riverbank Corporation (I think it’s www.rbic.us - holds approx. $ 2.2 billion on investment money).
Source :
Manilla Times (07/23/2005) “UPON completion of its merger with local firm Siennalyn Mining, US-based and locally listed Mindenao Gold Mining Corp. (MGM) together with Riverbank Corp., an American investment company, will be investing additional capital for a Zamboanga del Sur exploration project in the next quarter.”
… and now they are backing out of the deal and want to change their name again ?
This has Doherty written all over !
************************
Any comments before I send it ?
Posts: 749 | Registered: Aug 2005
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posted
It's interesting how things seem to repeat themselves on some of these stocks. Stokker what's the word on our divy these days?
Posts: 3875 | From: ca. | Registered: Jul 2005
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