Medinah Minerals (MDMN) - 2016 Q4- General Discussion

Well another bad week, and to say you or we have a lot of money in this is an understatement. I put way too much in this thing, and basically have nothing to show for it. All I can do is hold on, and maybe with this kind of news and commentary gives us all hope. From KWN, commodities rising with stimulus Trump spending coming in to office. Copper and inflation, and new monetary system maybe. Who knows…

Harry Dent says gold going to $700, who really knows.

Hopefully AMC knows, and why they took the mountain. I think stole it, but we at least have 25%…

Good luck and God help us…as far as this Les lawsuit. When I first researched this guy I was blinded by all the hype, which hopefully will turn into profits.
TDK

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I think the shareholders deserve to know if, whether, and when an answer has been filed to the suit. Maybe one has already been filed and I missed it? There are deadlines for answers. If a defendant does not file an answer, there are procedures for obtaining a default judgment. We do NOT want a default judgment entered against us, as it would end up further affecting share price - so it would be nice to know status on this.

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Medinah hired a law firm to take care of it and start the long process of getting our stolen shares back. No worries. It was a frivolous lawsuit after all. It will be tossed out. Medinah has a twenty year history of lawuits; all of which either amounted to nothing, were tossed out or were ruled in Medinah’s favor. Not sure why shareholders are worried about such trivial matters…there are more important things to focus on such as what will the assay results be from the 2 trucks loads of ore, when will Auryn be cash flow positive, when will Auryn start to give Medinah some cash, when will Auryn JV with a Major, etc etc.

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I agree the results from the two truck loads etc. are very important. But, a default judgment entered against MDMN would result in:

(1) More bad publicity for MDMN in the marketplace.
(2) The cost of having to undo a default judgment.

In my experience, courts just don’t throw out suits sua sponte (on their own). And, we could be dealing with a load of money Les is claiming, right?

Maybe the company doesn’t feel like it’s important enough for them to even update us on the matter? I don’t know about that. There seems to be a LOAD of stuff going on in the background that we don’t ever know about.

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Default judgment? Really? Okay…I give up. I see that irrational fears rule here; no doubt lingering trauma from the share heist. Have a good rest of the weekend…

The truth is that up to now NOBODY has ever been right about ANYTHING. You and many other posters have made a tremendous contribution to this board over the years. I would say half the board might be on the optimistic side like yourself, and the other half on the pessimistic side, like myself. Painting a rosy picture of any kind has never worked or been accurate. Being able to express one’s opinions and views no matter what the content, is the beauty of this board. I take full responsibility for my investment here. I like everyone else here was fooled by the hype over the years. It has also sucked up over 50% of my net worth. And at 62 that is crucial for me. I have been around long enough to know this investment is in grave danger. Everyone is aware of where we are trading and that huge blocks continue to be sold at those prices, with no bottom in sight. I would be lying if I did not feel, that we could see ourselves losing everything. There…I said it and believe it. And if anyone doesn’t think that is a possibility, then they are just fooling themselves or being naive. There is no definitive proof that this investment will ever be successful. It is only hope and speculation at this point. I am not convinced like some others that will bash me, that coming back in six months or a year will produce a rosy outlook. We need to proceed with caution and wherever possible be proactive and diligent as we can. Which is questioning every move or non move that Medinah or Auryn makes. And we certainly deserve and have earned the right to be kept informed, no matter how trivial the information may seem. We are all in the same boat, and have way too much riding on this, to stick our heads in the sand expecting that everything in due time will work out just fine…

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Mike,

Although you may feel its irrational, others may feel it is important. I feel because this issue still hangs over our collective heads, wanting more info on the case is completely rational. I feel you shouldn’t belittle or dismiss those who feel different from you, but since you feel strongly about the issue, seek to provide info to the other person to help them understand it the way you do.

I just spent a whopping $6can to look up the status of the lawsuit in the BC court. Anyone can follow the case docket and status at the following link:

https://justice.gov.bc.ca/cso/esearch/civil/partySearch.do

I just searched for the party name as an organization with “gkx ventures” It turned up 5 results, the last one being the MDMN lawsuit. Paying my fee, I accessed the court docket. Currently, no activity has occurred on the lawsuit since the initial filing of the suit on 10/18/2016 by Les’ company GKX Ventures. No court date or other motions have been docketed, and MDMN has not filed any answer or motions relating to the complaint. I am not familiar with Canadian code of civil procedure, but generally a party has 30 days to file its answer to the complaint or otherwise plead (ie: a motion to dismiss/change venue, etc.). I do not know how long it takes the clerk of the court to update the website, so I cannot comment on the exact accuracy of the search. I can say from my experience with electronic dockets, the docket usually runs a few days behind. For example, if I filed something this past Tues, 11/15, it might take until 11/17 or 18 for it to appear on the electronic docket, even though it will still be dated 11/15.

Since nothing shows on the docket, I would not worry about any default proceedings at this time. The Plaintiff first has to serve MDMN with the summons and complaint before the clock starts on MDMN’s time to answer. Since the GKX has not filed any proof of service yet with the clerk, it would indicate they haven’t served the summons and complaint yet. Most likely the delay has been caused because they have to serve out of the country, which takes a bit of time to accomplish. Right now I would hazard an educated guess we are approximately 60 days away from any activity on the file by either MDMN or GKX.

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Even frivolous lawsuits are nothing to take lightly and a good conman like Les is fully aware of the potential outcome if Medinah ignores the suit or fails to show in court!
It’s called a lucky win!!

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Responses are due 35 days after being served, if served in the US

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The only hope Les has and he knows it, is if our attorneys screw up and I personally know it can happen!
As a plaintiff against a conman like Les and his attorney, my attorney failed to show in court and for a few days I had a judgement against me for 200k!
One call from my new attorney reversed the judgment when we explained that his law license would be gone with an appeal!

Lawsuits against individuals are often rather scary/annoying. However, for corporations it is just part of doing business. It blows my mind that some here are probably losing sleep over it.

Again it is a frivolous lawsuit that hasn’t apparently even been served yet(it may never be) that has no chance of winning(or even proceeding forward) and with no chance that Medinah will somehow fail to respond to it when required. Let’s put this topic to rest and stop worrying about non-issues.

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It may be a frivolous lawsuit but it is still a lawsuit and deserves some modicum of attention by MDMN management. I don’t think people are necessarily worried about the validity of the lawsuit, they are simply concerned that MDMN hasn’t responded in a professional way. Until there is a feeling that the right thing is being done, folks will continue to be apprehensive especially given the highway robbery we (including yourself) have all experienced. If as you say, this is a frivolous lawsuit, shouldn’t it be simple for MDMN management to respond in a professional manner? It would go a long way towards reassuring shareholders that a new day has dawned and that MDMN is now conducting themselves in a manner befitting a company that the general public would want to invest in given their potential. Without a response, the dark clouds will continue to dog MDMN.

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I am not too concern with Les’ suit against MDMN, but I am definitely interested in how the lawyers are proceeding with a lawsuit against Les for the corruption, fraud, and deceit in illegally issuing more common stock than any Board member has approved and how he stole the proceeds from this stock issuance and how they will hold him accountable both in criminal and in civil court for all these misdeeds and how he will be forced to make financial restitution along with all other parties involved!

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Hear! Hear! I wholeheartedly agree. Les needs to pay for his crimes!

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Sounds like the guy has never paid for his crimes or wrong doing. Why he keeps doing them

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Perhaps the purpose of the frivolous suit is to get you guys to keep hammering on the topic on a semi-public forum so that any potential new investor is blinded by negativity. I’m only half joking.

Isn’t that the truth! Things never seem to get momentum here…16yrs!

Did a quick search and determined service of process in the US from another country falls under the Hague Service Convention. This link goes in depth the requirements and process for service from Canada (and all other signatory countries) to the US. HCCH | Authority

In short, the Canadian attorney would have to submit to the US Dept of Justice which has contracted its service of process to a private entity Process Service International from Seattle, WA. Once PSI gets the requested service of process and the fee, they will serve within 30 days.

Therefore, based upon my experience, as I mentioned earlier, since GKX has not filed a proof of service in the MDMN lawsuit as of Fri, most likely, the clock has not started on MDMN’s 35 days to respond (giving a deadline of approx 12/28/16 for MDMN’s response). Once the clock starts, MDMN most likely will file some type of motion relating to the complaint seeking to dismiss it or transfer it to Nevada. A greater chance exists for the second motion to transfer because if MDMN fights anything substantive in Canada, they would have submitted themselves to the jurisdiction of the Canadian court and must handle the full litigation in Canada. Since MDMN most likely will file a motion, they also will have docket a court date to present the motion before the Canadian judge and provide notice of the motion to GKX. Generally, when you docket a motion to transfer, you give yourself approx 30 days to allow you to provide written notice to the opposing side and proof you provided the written notice. So, if MDMN file their motion approx 12/22/16 before the holiday, then they would most likely present the motion before the court approx 1/18/17. GKX would obviously want to respond to the motion in writing (28 days usually), and MDMN would reply to the response in writing (14-21 days usually), then the judge would set a hearing date (usually 14-30 from the date of the last filing to allow the judge to review courtesy copies). We call this process a briefing schedule. So the judge would set the hearing date approx end of March, early April.

For everyone concerned about the lawsuit, IMO I would not begin having a concern unless GKX files its proof of service, MDMN does not file anything after 35 days, AND GKX files a motion for default against MDMN. If MDMN responds in a timely fashion after service with a motion to transfer to Nevada, then IMO nothing will happen with the case until at least end of March, early April on the transfer issue. Then you have to deal with the actual merits of the case.

Then, if the matter does get transferred to the US, it will probably take a good 90 to 120 days for the case to get registered in the Nevada court (at Les’ expense). I base this upon my experience just getting a case transferred from one county to another which usually takes 60 to 90+. Then after the transfer, MDMN would most likely file a motion to dismiss the complaint for various reasons and they would have to do the whole briefing schedule thing again at least another 3 to 4 months. Then, depending upon the result of the motion to dismiss, Les would have to refile an Amended Complaint of MDMN would have to answer the current complaint (another 30+ days). If its an amended complaint, then MDMN would surely file a second motion to dismiss (another briefing schedule), wash, rinse, repeat. It’s not unheard of to have two, three, or even four amended complaint before the court would hold it sufficient. Especially due to the poor pleading quality of the first complaint. It shows Les attorney not the brightest bulb on the xmas tree and will probably file a garbage amended complaint.

My point with the above, nothing exciting will happen with this case for a long time. Once MDMN responds, we can just forget about the case for a long time. At least a year to 18 months. Auryn and MDMN will probably have reported a year+ of revenue, have a fully operating mine, and hopefully paid us some dividends before any real activity happens on this case. Les needs to get over the first hump of serving MDMN and MDMN needs to over the first hump of filing its first motion, then let all of us forget about it.

I hope this post helps alleviate some concerns. I keep apologizing for the long responses. I swear Doc didn’t teach me how to respond. :wink: You guys need to start arguing over less complicated issues like politics! LOL! :wink:

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Perhaps we can get a weather update instead.

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Thanks, jak, If Medinah has NOT been served yet, I would think it inappropriate for them to acknowledge the suit in any public way, such as a SH update or web page posting. Don’t want to tip our hand before it’s been dealt.

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