Medinah Minerals (MDMN)

[Minichiello]

There's not one brokerage house in Canada that will accept Medinah certificates into one of their brokerage accounts. Not one. These people holding shares in certificate form could have Medinah go to $2 a share and they still wouldn't be able to sell.

Les Price and any of his companies that received any of the 1.6 Billion shares that came out of treasury can only place these shares into an account that is outside of Canada and the United States. Canada, because the brokerage houses won't receive Medinah shares, and the United States, because they don't have a valid US address. If they do have a valid US address their activities can be tracked by cross checking the number of the registered share certificate that was issued by the Medinah with the same numbered certificate that is submitted to the TA to be changed in "Street" form.

The most likely route for them to escape notice would be to open a bank and brokerage account in one of the tax havens, place the shares into the brokerage account, sell and then move the money into the bank account. Then get a debit card for the bank account and they could spend their money all over the world and the money would come out of the offshore bank account and the good and services they bought would be in any country where they’re at and used the card.