Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
it seems to me that goodin and maurizio plan to let mdmn die so they dont have to fund the company and deal with all the nasty unhappy shareholders
if the corporate powers are restricted because they are in default in the state of nevada will that not have to be corrected before they can distribute the shares??
thanks any update as to when??
math is not my strong suit so i would like to see how you arrive at .00558 for a distribution if there ever is one. my understanding, after the roll back of 100 to one there should be about 60,000,000 share owned by auryn and if mdmn owns 23 percent that should be about 13 million for 2,980,000 000 shares outstanding thanks for sorting this out so we all understand what we may be looking for
still no payment of the nevada state fees of 2500$ to keep the company alive. seems like management dosnt give a hoot!!!
june 30 2016 goodin and maurizio got rid of the old guard with all sorts of false charges of past wrong doings, all of which proved not to be true.
if you look at the trading chart since then it has been as steady down line to now when the shares trade a mere fraction of the past and volume is significantly less. they then hired tupper who proved to be a one man wrecking crew, including destroying the mdmn web site with 16 years of historical information going back to all the drilling completed on the alto property. maurizio and goodin sent out numerous postings of promises of great things to come, not a singular one which came true. look at the carin promise of production they said they sent 5 20 tonne loads to the mill but only gave the assays on two truck loads. they then stopped any further work Can anyone tell me this was not designed to steal the alto for themselves and not pay a singular cent to mdmn or cdch and now letting the companies die a natural death?
Maybe its time to ask the old guard if they would return and salvage mdmn and cdch for the long suffering shareholders??? it would be interesting to ask dante conneta why he left the sinking ship!!!!!
it appears to me that the whole plan by gary goodin, the president, and maurizio cordoba, the peruvian mastermind, from day one was to get the alto for nothing, and in the process, to destroy mdmdn. remember, in the original sale agreement from mdmn there was no cash payment, and in the transfer of the claims to cdch, again no cash payment and left cdch with no cash and no ability to raise any.
the other issue is that all these transactions were done without a shareholders meeting to approve anything, a direct violation of all nevada statutes. does that now fit because they have not paid the listing fees to the state of nevada that were due before october 31, 2018 and may soon be struck off the nevada registry??
can anyone help me? this is above my pay grade!! the published figures indicate that auryn chile received in excess of 6 bil shares of cdch this was then rolled back 100 to one there are in excess of 2.9 bil shares of mdmn outstanding and in excess of 3 mil shareholders of mdmn how many auryn shares will be distributed to the mdmn shareholders if mdmn owns 25 percent of auryn chile?? this is apart from the auryn market with the shares trading at a small fraction and there is almost no volume in the stock it appears to me the maurizio and goodin are the only winners here because they end up with all the alto properties without ever paying one red cent for them!!!!!!!!!!!!!
at .002 for mdmn and 30 cents for aumc after a 100 to one rollback it will take a ton of buying to even bring it back to a pre goodin and maurizio level coupled with no work on the property, no status corrected in the state of nevada, as well as no news maurizio needs to pull several rabbits out of the hat asap or there will be nothing left at the end of the day for any shareholders!!!!!!!
i thought dante conneta might be part of the solution but even he has left the camp now
the value of the property increases however, with absolutely no work being done on the property to find the gold, and no plans to do any mining, the price of gold means didly squat!!
not only is there no activity, the last corporate update in nevada was 10/31/17 and the registered agent resigned on 11/13/18 this means they are no longer have a licence to do business and could soon be stricken from the nevada records and dissolved as a corporation no legal means to get the shares from auryn if goodin and maurizio ever decide to distribute them
there should be no cash call as the contract doesnt provide for this. also, they have done no work so what could be the call for??
sorry nothing is happening on the alto property. they do have a geo looking at the ldm issues and they may decide to do some shallow drilling next year. nothing indicates any chance of production in the near future or any drilling on the alto property
medinah remains in default in the state of nevada and no longer has a registered agent to carry on legal business in the state of nevada or elsewhere
i have been told that the ldm/ nuoco claims that hochschild is now working were sold by the private group to auryn on a 9 million dollars contract which, as of this date, has not been paid altho it was due august 1 2017
can anyone confirm this or is this just something tupper and goodin forgot to mention?
any decent drill programe will burn thro at least 500,000 a month as well this area was totally drilled out by gordon house in the year 2000 the total ldm area is ready for a small scale high grade operation which is not going to change by any amount of new drilling.
the whole release is a rehash of old history nothing new
its hard to believe but today the mdmn market has shares trading at .00162
the total lack of market support by our president gary goodin and the rest of his cronies borders on complete contempt for the long time suffering mdmn shareholders does this indicate that maurizio is going to abandon the alto completely and let it go up for tax sale again???
today mdmn is trading at .0021 cents on decent volume that is the lowest trade ever on the stock sure would be nice to get some real news!!!
you have no idea of how much destruction tupper and goodin did for the entire medinah family its hard to believe one individual was given so much power with no experience in running a public company let alone someone who has no common sense and uses his religion to justify his hurtful and possibly illegal actions
a year ago maurizio and goodin took complete control of cdch and sold cdch the entire alto properties. at that time they promised a full disclosure of the agreement, which has never come. they also promised a distribution of the shares to the shareholders of mdmn. again, that has not come and now the stock is rolled back 100 to one so there is very little to come to mdmn. as well, the market of the new auryn has absolutely no volume and the stock price has fallen to sub one dollar.
can anyone get to goodin and demand to know what is happening??
the directors have failed miserably and should be taken to task!!!
wow now trading at .64 cents the same price as it was before the 100 to one rollback. please get some news out so we at least know if there is any hope for the future, or is maurizio simply going let this die?
oops that was only a roll back of 100 to one my mistake
big day on the market today traded 300 shares at 1 $
maurizio must have needed some cash for coffee!!!!
medinahs standing in the state of nevada remains in default on 11/13 the registered agent in nevada resigned and as of this moment a new one has not been appointed
it appears that gary goodin, the president, really does not have any interest in salvaging medinah
maurizio ends up with the entire alto property for no cash, very little work on the claims, and only wants medinah to die
medinah filed today on the pinks a notice of late filing for what was due today. what had mdmn done in the last 3 months that they couldnt file on time????
problelm is any corporate actions they may take during this period is invalid
as of october 31, 2018 medinah is now in default in corporate filings in the state of nevada and must file for reinstatement and pay the necessary fees in order to function legally
DANTE CONETTA promotion must be working. the stock traded up big time today with 275 shares trading at 1.15$ (thats of course is after the 500 to one rollback)
if mdmn shareholders every get the promised share distribution it would only take 25 years to sell the shares.
the issue remains that they may not have legal title to the entire alto property and most definitely not to the ldm nuocco claims. they had best make some concrete moves to rectify these legal issues before one of the threatening shareholders groups start an action to recover the claims for medinah
traded as low as .079 today where is dantes big promotion???
he clearly said he is going to raise it that doesnt mean he has it also the vendor has not completed a 43 101 yet and so it is not yet approved
at any rate it does indicate they are not moving forward on the mdmn alto
property
now that dante conetta, the ceo of mmasglas peru, has proudly announced they are going to raise 100,000,000$ to build a new plant on their northern
peru property, it would surely be wonderful if some of the crumbs could be allocated to start work on the alto property
there is a large group of unhappy mdmn shareholders that are considering attacking the cancellation of the 100,000,000 million option agreement with auryn on the alto claims and changing that to a sale agreement for 25 percent of auryn with no cash payment and no contract that forces development. All of this done contrary to nevada statutes and without any shareholder approval, prior to and subsequent to the agreement.
they also question how maurizio can end up owning all cdch again with no cash to cdch and no shareholder approvals
they also believe that have tupper dead to rights on some of his funny actions while president and if his actions were dictated by goodin and maurizio, they may also be guilty of very questionable acts
Remember, talk is cheap and actions can be expensive We will see if anything comes of this!!!
i understand that maurizio is becoming very frustrated at the price of medinah and auryn and he cannot understand why the public wont buy into his hype maybe if he delivered on some of his many unfilled promises he might have a following
to undo some of the damage tupper did, it would be great if the new president could circulate a letter to the brokerage firms overriding the damage tupper did and stating the shares of medinah are ok to trade and accept into accounts. this will be a big issue if goodin ever does as promised and at least distributes the aumc shares, whatever that may be after the 100 to 1 rollback
according to the records that also ended in the year 2006 and he was never an officer or director after that year this is all recorded in the nevada official filings if you want to check
according to the records that also ended in the year 2006 and he was never an officer or director after that year this is all recorded in the nevada official filings if you want to check
unfortunately thats only a small example of what he did. he is also the one that as president of mdmn he sent a nasty letter to various brokerage houses asking them to no longer accept mdmn shares for deposit and sale. that letter to this day makes the various brokerage houses very scared to deal with medinah. stupid!!!!
i am told that dante conetta is planning a major pr release next week and a push on the stock to try and get some volume and trading up lets monitor this and see how he does!!!
its now 2 years later and there is no sign of any filings is the company dead i see maurizio and gary goodin are the officers and directors does anyone talk to them about this????
again today there is no volume on aumc and there has been very little since the rollback and change over from cdch
if and when auryn decides to allocate the shares to mdmn shareholders will there ever be a market for them???