Medinah Minerals (MDMN)

[jetpilot1101]

MDMN is back in hot water...again. There are rumors that Les is on the run. I don't blame him given that shareholders are probably sharpening pitchforks and lighting torches as I type this. My guess is that the SEC isn't paying attention because MDMN is a crappy pink sheet POS that does what all crappy pink sheet POS' do; screw shareholders. Some are saying that Auryn will recover all kinds of assets. I'm unsure how they will un-issue all that stock (1.6 BILLION shares) but I suppose it is worth a shot. I honestly feel sorry for all the shareholders who fell for the lies. I've lost money in scams before and it isn't a pleasant experience. What should really torque the shareholders are the MDMN BOD apologists or those who pushed the naked short selling canard. Those people should be ashamed of themselves.

I doubt this gets suspended or halted but if it does, look out, it won't be pretty. This pile of excrement will head to the gray sheets and that will be the end of MDMN. Les Price ripped off the shareholders and made bank. I'd be interested in which apologist shareholders helped him along or at least knew about the fraud. I think the list of names would be very surprising. Hopefully the SEC comes down on this like a ton of bricks but odds are they won't. The only people that will make out on this deal is Auryn - they got most of the mountain and my guess is they probably have a way to get it all now that they really have the upper hand. This is going to suck for a long time.