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Monday, June 20, 2016 2:32:43 PM
MASGLAS, a significant Medinah shareholder, will work in concert with Mr. Goodin to accomplish a comprehensive analysis of Medinah’s books and records to ensure the continued integrity of Medinah’s financial statements. During this process all of Medinah’s assets and liabilities will be scrutinized in detail. The goal of this effort is to improve the effectiveness with which Medinah communicates its results and financial condition to the investment community and the mining industry.
So these guys just admitted to the whole world that they didn't do a "comprehensive analysis of Medinah's books and records" before they jumped into bed with the circus clowns running this scam. "Continued integrity of Medinah's financial statements" - this statement is a joke to anyone with even minimal knowledge of MDMN. The financial statements that are produced by MDMN are the epitome of amateur hour and would be laughed out of any reputable CPAs office. The faults, outright lies, and misstatements in the documents have been documented extensively, largely by shareholders themselves. To associate the word "integrity" to MDMN is like associating the word "chaste" to a whore.
When MASGLAS does start digging, they aren't going to like what they find unless of course, they already knew that MDMN was a s***show and structured their deal accordingly. BOHICA shareholders...BOHICA.
There may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest.
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