InvestorsHub Logo
Followers 15
Posts 1236
Boards Moderated 0
Alias Born 03/25/2013

Re: BigBaboon post# 75839

Tuesday, 09/13/2016 10:42:32 PM

Tuesday, September 13, 2016 10:42:32 PM

Post# of 80983

Auryn knows enough... to have taken the initiative to buy it..

OMG, surely you jest!?! Auryn didn't "buy" anything. They "gave" a 25% minority interest with no stated participation rights (other than to buy more Auryn which will never happen, guaranteed) for 100% of the ADL. No $100 million like you promised, that's for sure.

And the best part? That 25% was immediately devalued to 12.5% thanks to the graft and ineptitude of the crooks and idiots you believed were so honorable, hard working, and selfless. Want even more? There is an incalculable discount to apply to the remains 12.5% reflecting:
1. The degree of apathy and contempt the Lett/Auryn group holds for Medinah and
2. The fact our minority equity interest is powerless to have any say as things go forward (not to mention the less than 12.5% interest then gets divided by 3 BILLION SHARES). Google "valuation of minority interests" if this concept is new to you.

"Buy right" to your heart's content, but no one here will be "selling right", that much is assured. Only thieves and insiders made coin on this company of smoke and mirrors, led the whole time by the pied piper of stock scams, the crooked Leslie Price.