Medinah Minerals (MDMN) - 2016 Q3 - General Discussion (recovered)

[quote=“DividendsFirst”] I tip my hat to the several posters (leanandgreen, most recently) who attempted — since something was so PLAINLY out of whack here — to conduct an accurate share-count census among board members but were repeatedly shouted down by Smart Money Kamboomists and others who cautioned against scaring new investors away from this solid proposition of ours (MDMN — “the mountain” — “the glorious infallible mountain”) and who said (sneeringly, and while flinging vicious handful after vicious handful of love-it-or-leave it) that a share count was not worth pursuing, would be counter-productive, would cause the share price to tank, and that everything was in good hands now, etc., etc., etc.

I also tip my hat to the many who were shouted down (or banned from the board) for having been “whiners” and “bashers” and for not having produced “any due diligence of their own” — this accusation was most often hurled by folk(s) who have provided inaccurate due diligence almost daily and who, during my five infinite-seeming years here, have made an endless string of absolutely worthless (and wrong!) predictions and never once coughed up an apology…

It takes great fortitude to stand up in the face of people who claim scientific expertise and inside knowledge, and while I had no such fortitude, I do recognize that several people here DID and DO have such fortitude, and I feel ashamed for not having supported them vocally here on the board… We have been completely dis-served by the people on this board who have been promoting this stock, and we let ourselves be had — well, I’ll speak for myself: I let myself be had…

Way back when it was asked if we might all send our prayers to Les, as he was being driven to the emergency room (by JJ!), because Les had just injured himself by “falling down the stairs” of his Santiago hotel while he was heading off to cut the final deal with Ulander (or was it Bogdan?)… I’m ashamed of myself… How can I ever outlive this shameful episode?

So far, not a single person has gone wrong by betting against this venture. If we’d had a right/wrong scorekeeper during the past five infinite-seeming years, the scoreboard might read:

“Whiners” and “Bashers”: 10,000
"Smart Money": Zero…

— madmen

[/quote]

Great post Dividends aka madmen!

So many posters here have fallen on their swords posting and being banned while we see those favored here by the few in control here rise in their rhetoric. I would hope for a new day after these revelations but with yesterday’s perceived censorship…my optimism is at an all time low.

4 Likes

http://www.otcmarkets.com/stock/MDMN/news/MEDINAH-Discovers-15c211-Discrepancies?id=139089&b=y

Share structure as reported 2 days ago in MEDINAH Discovers 15c211 Discrepancies is now verified on OTC site profile:

Share Structure
Market Value1 $16,068,104 a/o Aug 24, 2016
Authorized Shares 3,000,000,000 a/o Aug 23, 2016
Outstanding Shares 2,996,448,498 a/o Aug 23, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 2,179,197,709 a/o Aug 23, 2016
Par Value 0.001

Why is OS and float available, but no certs held at DTC reported?

The difference between OS and float indicates that 817,250,789 shares are accounted for with some kind of restriction on them (includes cert shares held that are not at DTC), FWIW.

I was part of the circumstances of events that led to all of yesterdays post being accidently deleted.

One poster named another poster with a personal attack that was over the top. Recent updates to the software used on this site removed from view the flag used to click on to “flag” post that are considered to be a violation of the terms of service. The flag, before the recent update, was located next to the icon used to make changes to your past post. (It is now hidden behind the three dots that say “show more” on the same line it had always been on.) Because I did not see the Flag where is was before, I selected the only visible Flag Icon below the offending post and pointed out the issue with post 927. Because the post was the last post on the page at the time the Flag Icon was not for the offending post but rather the entire topic of Medinah Minerals (MDMN) - 2016 Q3 - General Discussion

As I understand it, a moderator, while using his cell phone attempted to delete the person who was named in the post and did not realize that he was deleting the entire topic rather than a name within the offending post . The moderators tried last evening to repair the damage but were not able to contact the site maintenance people until this morning and they were able to replace all of the post that the system had automatically saved at the end of the day before, and unfortunitly loosing all of the post from yesterday that had not yet automatically been save by the software.

The censorship, if you wish to call it that, was simply an attempt by a moderator to correct an issue where one poster had directed a personal attack toward another poster.

3 Likes

Nothing nefarious, No censorship, give us a break! Tech accidents happen, especially with touchscreens. We went into a frenzy very late last night trying to figure it out and correct it, answering inquiries, etc. GCcapital explained what happened. Anyone is allowed to repost.

Do I really need to repost the guidelines and TOS again so you can see what folks really get banned for?
Insulting the mods with false accusations is not helpful.

7 Likes

In case anyone was wondering, Les doesn’t appear to be on the lam at this time.

Here is a theory. Mdmn through Les Greg and JJ formed MMC (Medinah Minerals Chile) in 2013 (estimate timeframe). Les answered his phone MMC when you called him. What If he set up a company in Canada named MMC which stood for Medinah Minerals Canada and sold shares of MM that he embezzled through the Canadian company. He then would hide the money he received wherever he chose. As for the shares he accumulated he would have different friends or associates who he could trust to hold them for him for a fee. I believe it is a felony to mail stolen goods through the Post Office so he would go down to Salt Lake personally (and I remember him meeting with the transfer agent quite frequently). IMO we need to contact the FBI and get warrants to freeze Les assets along with JJs and Claro’s . I hope the process has already been implemented . As far as Auryn and Mesglas I hope they are aggressively perusing the crime committed against their and our company. I know I am speculating but have heard some things which give the above theory some plausibility.

2 Likes

Man oh man that informational meeting Oct 1st can’t come soon enough!

2 Likes

Actually it’s MMC Mines, Inc. Vancouver instead of Medinah Minerals Canada

I got the point Karl. My point is, everything Les did was misdirection. If he was actually doing such a thing, he never would have told you about a London group interested in buying big quantities of shares. He would have deflected it with something else.

First I do not talk to Les ( twice in 7 years), Second my point was that Les might have sold shares to the London Group ( Not that it existed, but it could have) under the table and pocketed the money.

I was suggesting that is maybe where the certificates might have gone, to an unsuspecting investment group. Since it easier to conceal a large private placement in a single transaction.than many smaller transactions. In any case the TA should know where the certificates are that are not held at the DTC, I never believed a single word Les said,

3 Likes

Where is Chapin? Did he step down because he knew this was going to happen? This guy needs to be asked questions from the authorities.

1 Like

All will be reveal quite soon, and It will not surprise too many what Les did.

1 Like

Especially since Auryn put a 1.5B share cap on it.

1 Like

Les knew all would be revealed and has had a lot of time to prepare a defense, move assets, etc. He is probably lawyered up so no reason to be on the lam. While there was a rumor posted that he was meeting with Auryn in Miami, if he has good counsel, they would never let Les meet with Auryn, at least not without counsel attending.

Knowing Les I’m sure he’s blaming it all on JJ.

1 Like

Kevin, I’m sure you know there is no way Les is not the major culprit here. He was the one working with the TA
I also believe JJ and Claro were involved.
Maybe they were hoping to simply outlive what they were doing so thanks to Masglas/Auryn for identifying
I would be surprised Auryn signed onto this with 1.5B share cap without conducting some type of fiduciary duty.
I’m scratching my head as to what kind of human being can pull this type of stunt
They have no remorse as to how they have negatively impacted so many lives with their flat out greed
All for a little bit of money. ** for the lot of them

2 Likes

Yes I agree

Karl about a year ago you posted an article I believe it was stock chart that you got grilled on for posting it. In that article it said JJ converting his 350 million shares and that there could be further dilution from him doing that. Can you repost that article if you still have it? Tia