Medinah Minerals (MDMN)

[Hurricane_Rick]

If the Articles of CDCH require 3 Directors and there are only 2, then the same problem exists as with Medinah. And if this is so, only two Directors when they require three, then the recent deal they did with AURYN is illegal.Or better still ask the SEC about this if you don't believe me.

Oh the illusory drama! There is nothing illegal about the Auryn deal. The Auryn deal was finalized BEFORE Chapin stepped down.

Read the rules, for Heavens sake!!

Read the PRs and timeline of events for Heaven's sake!!

To hold a legal AGM they require 3 valid Directors to approve the resolution to have a legal AGM.

First of all, the provision and the specifics for holding an annual meeting is already dictated in their Articles of Incorporation so I'm not sure what director resolution needs to be passed for something that is already accounted for in the company's by-laws. Secondly, if for some reason the regular AGM that is already accounted for in the company's by-laws does require a BOD resolution, then this resolution may have easily been accounted for before Chapin resigned. Thirdly - REPORT IT TO THE SEC if you feel this AGM is "illegal" LOL.

(They can't) even legally operate their current bank account without 3 Directors

Poppycock.