Medinah Minerals (MDMN)

[Starman365]

I find this interesting and not one person has commented on it. To me it is obvious that there was a 'pump' going into the annual shareholders meeting. This pump was created for one reason...

"Medinah Minerals, Inc. (OTC/PINK: MDMN) completed an equity exchange process on September 16, 2013, with the issuance of 35 million non-voting, non-interest bearing Class “C” Preferred Shares with a deemed value of $1 per preferred share, which are convertible to common shares at $0.10 per share."

So what are the implications of this conversion? This coupled with the lack of 'pump' prior to today's 'deadline' does not seem to play out well. and fyi, I am long.

Any input would be appreciated.