Tuesday, February 07, 2017 11:53:18 AM
No, that isn't accurate. I believe in "fair and balanced" commentary. I think Medinah deserves kudos for recent execution. Communication is much improved and the noose around Les and his cohorts is tightening. Those slimeballs lied and stole, with the stuckholders finding themselves down 95%.
And no, I won't be babbling embarassing false excitement if we make it up to a penny and I'm only down 93%, akin to most other honest investors, but it wouldn't be fair to not recognize that Medinah is finally starting to behave like a public company.
My rationale against selling over the past couple of years was that my realization would be close to nothing, so why not hold on to see what happens?
Our current business structure (and even our capital structure ASSUMING we cut the float in half) seems "not in the best interests of stockholders" as Kirkland once said, and our upside is substantially crippled, but who knows, maybe there could be a JV down the road and some sympathetic folks throw us a bone?
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