Medinah Minerals (MDMN)

[Beth0515]

the MDMN management team are honest, integrity filled business men...

Who enjoy paying $60,000/year for non-existent offices.

Is Leslie still a trustee? Still consider him full of integrity?

A judge and court of law and subsequent court of appeals sure didn't:

From the court records:

Mr. Price applied the plaintiffs' money almost wholly to a stock manipulation he was conducting for himself, his wife and his associates, forged their signatures on numerous documents and stole certificates representing shares he had purchased for them. He did not contest these allegations at trial, electing not to give evidence.

Mr. Price is plainly liable in damages for breach of fiduciary duty, including the value of the stock he stole from them

Because Mr. Price committed gross breaches of trust in his frauds against the plaintiffs, and encouraged them to make expenditures they would not otherwise have made, and because no other penalty appears to have resulted from his conduct, nor has he sought to explain, apologize or make amends for it, the case is one in which substantial punitive damages are warranted. I assess punitive damages in favour of Mrs. Huff at $150,000 and in favour of Mrs. Donnelly at $100,000.

We consider that Mr. Price had perpetrated both a fraud and a breach of fiduciary duty


Integrity, baby.