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i do not think pacific would lay out the costs without payment. The US postal service does not take credit cards!!! i cannot believe that going this far they would not comply because they dont have that much moola!!!
How would it look if they put out a notice to shareholders saying sorry we would like to give you your shares but we dont have enough money to pay for the distribution???
way back they said the stock would clear on december 17 being two years from issue date. If they have done the proper paper work this should not be a problem. However, they will have to pay the transfer agent, pacific, a fair fee for doing all the splits and then the cost of mailing and distribution. I hope all mdmn shareholders have updated their addresses at pacific stock transfer. There should be no more excuses from mdmn or aumc and everyone should get their auryn stock
checked with the state of nevada The last update was on october 31 2017 No posting of year 2018 or 2019 so remains coming up to the third year of default. No registered agent to allow mdmn to carry on business legally. Checked the otc bulliten board and see no list of officers and only two directors, which is contrary to mdmn constitution. Tried calling the listed numbers for mdmn and aumc and in each case this goes to gary goodins secretary who will not pass your call on to anyone. See they have been dewatering the old fortuna workings which sure doesnt excite me. They are scheduled to distribute the auryn shares in december. Has anyone information that this will actually happen??
check the auryn web site for an update on dewatering the old fortuna tunnel
tells us nothing about anything No idea when the shares of auryn will be distributed, if ever, no report on the H to see if they are doing anything other than mapping which doesnt excite anyone. When do we get some real news from gary and the crew??
the last couple of weeks someone bought a lot of cheap stock. Not much dollar value . DID THEY HAVE some info that was not shared to all shareholders?
mdmn will not be able to distribute the auryn shares until they clean up their legal crap so i do hope they do have a plan and are not just going to let everything die!!!
i reached out to both the mdmn and the auryn people this week and i didnt get a reply from any one of them !!!
there is no conversion of any shares to mdmn at this point the only change is that the potential future distribution is reduced by 100 to one. all cdch did was change its name and reduce the share capital
it makes me wonder what the management of mdmn is doing that there now have been 3 late filings, including today. what had the company been doing these last 3 months that it makes it so difficult for all the high priced help to do a simple filing??? this is not a years end but only a quarterly
wonderful market today how much more can i lose????
lets be clear what has happened.
cdch has changed it name to auryn mining corporation, which is a shell nevada registered company. it has no assets and is NOT auryn mining chile which owns the former cdch shares now rolled back 100 to one.
if auryn chile ever decided to distribute shares to medinah shareholders, as they have indicated, this distribution will also be reduced 100 to one.
all of this was done WITHOUT SHAREHOLDERS APPROVAL which is a no no.
If this was the result of tuppers involvement it goes to show that he has never had any experience in running a pink sheet company, and neither have any of the other directors and officers of auryn mining corporation.
there still has been no clarification of the december 15, 2017 announcement promising clarity and direction for the companies and no one on the outside really has any idea of the magnitude of the damage that has been done to cdch and mdmn shareholders and no one is being held accountable. I have heard rumblings from a large group of cdch and mdmn shareholders that they are entertaining legal action against all respective parties to return the status of the companies to some point of real worth, not continual paper shuffling. all my holdings of cdch have now been reduced to a fraction in numbers let alone share price even if there was market to sell them!!!!
according to my records the stock is trading at .003, not .03
this is a significant difference!!!!
it is now over seven months since the cdch purchase of the alto properties and the promise of full disclosure on what is to come to the medinah shareholders. we have never seen the terms of the sale nor have we heard about any work on the property. can someone not find out whats happening????
gary goodin, who is a practicing attorney, has been doing these filing since the year 2006 for several public companies with little or no problems. hopefully the recent addition by medinahs attorney, matt stout,
will resolve all issues and the yield sign will come off.
matheau stout has now prepared a revised legal opinion letter as posted on the otc. maybe this time the yield sign will be removed
i have never seen so many failed attempts to comply with all the revised everything on ever document they file!!!
with all their high priced staff they should be able to produce an information statement and financials with no problems. they used that same attorney and same accountant on medinah with little problem
with dantee conetta, their wonderful ceo and the rest of their high paid staff and directors, this should be a no brainer?? two changes already and will there be a third??
do you know why the yield sign is still active???
the silence is killing me!!!! December 15th 2017 to July 15th 2018 and nary a word about anything?????
for sure you can see no trades today on either cdch or mdmn???
from the recently posted disclosure filing on cdch otc markets read the financial statements of cerro dorado inc
cdch just revalued the alto properties to 60 million???
the original contract legally signed in chile with the fingerprints of the signers affixed and did not give auryn any rights to cash calls from mdmn or cdch. these contracts can only be altered by the same process legal signing officers affixing their signatures. i have had the attornys in chile search the government files and the original contract has never been changed this is just another example of tuppers statements who never did understand the legalities of any contract!!!
now that cdch has done its filings including the recent legal letter approving everything why is the yield sign still up on the otc markets is there something else missing that we dont know about???
one problem for auryn according to the signed official sale agreement from medInah to auryn mdmn is NOT RESPONSIBLE FOR ANY PROPERTY COSTS and this was only allowed as all the directors and officers of the companies are the same and no one stands ready to defend medinah
this has been pointed out time and time but auryn continues to do anything it wants
WOW AM I READING THE CDCH FILINGS NOW PUBLISHED CORRECTLY??
iN MARCH 2018 500,000 PREFERRED SHARES WERE ISSUED TO AURYN HOLDING CORPORATION (not auryn mining chile) which is a private company owned by Maurizio cordoba and his family. The consideration listed on the financial statements is the enormous sum of 250$ These shares hold voting right in cdch at the rate of 1000 to one. This effectively gives maurizio 500,000,000 voting shares so his private holdings and auryn now entirely control cdch. The other potential shareholders like mdmn and the public, has absolutely no say in the affairs of cdch. Not disclosed is what percentage of any profits accrue to these holdings in priority to common shareholders. The effect of all this is that medinah and cdch and the owners of the alto property have given up all its ownership and rights to the entire alto
mountain for absolutly no cash, and little if any probability of future values as maurizio now totally controls the future of cdch, and mdmn with no controls by any shareholders.
The report has no mention of the alto property but does days they are interested in the northern chile properties of Masglas another private company of maurizio.
Looking at the financials one sees that the company has less that 1000$ in cash and more that 10,000$ in debt. with 7 billion shares issued one would wonder if cdch has any ability to raise funds to continue to exist, let alone develop the alto property
The only hope i can see for cdch and mdmn is if some interested groups would come forward and return the ownership of the mountain back to medinah and cdch, where they should always have remained!!
WOW AM I READING CDCH REPORT PUBLISHED TODAY CORRECTLY???
(FOR REFERENCE THE ANNUAL REPORT is named as a 15 C 2 11 which is really a quarterly report for the period ended march 31, 2018)
In march 2018 500,000 preferred shares were issued to Auryn holding corporation(not auryn mining chile) which is a private company owned by maurizio cordoba and his family. The consideration on the financials values these at $250. these shares hold voting rights in cdch at 1000 to one, or effectively gives maurizio 500,000,000 voting rights so his private holdings and auryn now control cdch, not the potential shareholders like medinah or others. Not disclosed is the profits that might accrue to these shares.
The effect of all this is that medinah and its shareholders have given up all its ownership and rights to the entire alto mountain for absolutely no cash and little, if any, probability of future values as maurizio now totally controls the future of mdmn
Cdch has now revalued the alto property, without the support of any professional reports, at 56,000,000$ in order to show a profit for this quarter. if that is a true value, and mdmn would have 23 percent, that is
about 12,000,000$ and with 2,900,000,000 shares outstanding you can see why mdmn trades at .003 cents.
The report has no mention of the alto property but does say they are interested in the northern chile properties of masglas, another of maurizios companies
The only hope i can see for medinah is some interested groups would come forward and return the ownership of the alto properties back to medinah, where they should always have remained!!!!
4
can the agreements with auryn and cdch be undone and we get the old people back to run the company properly???
it has now been a full 6 months since the cdch wonderful news about how everything was moving forward and we would be fully informed by all the wonderful new people who were running cerro dorado. oh, sorry, cdch still have a yield sign on the otc markets and they have not completed the filing of the december 31, 2017 reports nor any sign of the march 31, 2018 disclosure statements. is any one minding the camp?? any work on the property?? any closer to a distribution of the shares to medinah shareholders? where is this wonderful high priced new ceo dantee conetta?
please tell me we will hear something soon
there has been no release of any information regarding the study alto many requests have been made
my broker will allow me to trade medinah because of the current filings. however he will not allow me to buy or sell cerro dorado any longer until such time as the yield sign is removed and their status is clear. has anyone else had this experience??
maybe we should have a shareholders meeting and bring back the old guard!!
as least we always had a vibrant market with good volume so you could sell shares easily at a reasonable price
both cdch and mdmn are public companies that have totally gone silent since December 15, 2017 At that time their announcement seriously affected the well being of every shareholders investment The promise of disclosure of the cdch/ auryn agreement and a possible distribution of cdch shares to medinah shareholders and other important issues were stated as facts with no results of anything to this point of time
if maurizio and his hired hands have not been able to preform as promised we deserve to know even if it bad news and he is seeking to go another route. We need clarity now!!!!
has everything now collapsed and medinah shareholders get nothing for their property??
thANKS
whats missing so it can be quickly corrected?
why is the yield sign still up on both mdmn and cdch??
yes and there is no way cdch can move to a higher market place with 7 billion shares issued
if you check the facts medinah was not represented at the toronto booth at all no where to be seen that was a masglas, auryn and cdch promotion
i quess the accountant slept in and will appear later today??
cdch has not filled their report due may 15th and mdmn has not filed their already late report before yesterday
when will the shareholders be blessed with some updates so they know what , if anything, the future holds
the chance of this very important info being released is about zero!!!