This is exactly what many of the incessant complainers don’t seem to get. Those that have significant positions here aren’t going to sell or bother taking on more risk. There is a significant risk that all obstacles will not be overcome smoothly, but the change of management is working through them with the limited finances available. This is pretty much an all or none end game for current Medinah shareholders, IMO. The risks have been enumerated multiple times here on the forum, so I won’t get into them, but the PPS the stock is trading at is not presently a major factor, although the fraudulent dilution and cooked books are.
My thoughts regarding AURYN are as follows: If AURYN goes the F-1 route to IPO as announced and becomes free trading, there are certain rules that would need to be followed under it’s own ticker. I won’t go into great depth on it as regulatory links have been presented several times. If the F-1 application is accepted and an IPO issued, it leaves the door open for having two classes of shares, not necessarily restricted to the current 100M share structure of the private company, which would (could) become the restricted control shares. The number and price of free trading IPO shares would be priced by an Investment Bank, which I’m sure AURYN has contacts with. Ideally, dividends or a buyout of Medinah’s and Cerro’s shares would occur after AURYN becomes fully reporting and climbs from the OTCQB tier to the OTCQX tier sometime later. Once on the OTCQX they would automatically have access to the international markets which I believe is AURYN’s eventual goal.