MedGen Inc (MDIN)

[3WhiteSoldiers]

So, about that missing 13 million:

I'm no financial expert (which is obvious since I bought this POS when it was nearly 100% higher) but the only way I can see that the company could (legally) erase the reported revenue and never report it again, is if all the PO's were canceled (doubtful there ever were any) and all merchandise returned (doubtful any was ever shipped).

Based on the company's deceitful history, I'd say this is the most likely scenario, and Swindleman is playing Nick's game by covering it up.
So much for your honest CEO!


Are there any other reasonable excuses?


Don't be surprised when (after the inevitable PR is released about an Asian PO) all traces of the revenue is later erased from the financials.