Medinah Minerals (MDMN)

[Zhenli]

The Sarbanes-Oxley Act of 2002
Effective in 2006, all public companies are required to submit an annual assessment of the effectiveness of their internal financial auditing controls to the Securities and Exchange Commission (SEC). Additionally, each company's external auditors are required to audit and report on the internal control reports of management, in addition to the company's financial statements.

Does anyone know if Medinah has been compliant with this annual requirement.

I noticed on the financial statement of June 30th, 2017 where Tupper had valued Auryn at $3,236,280. Does anyone know where he got this figure from. The Sarbanes-Oxley Act requires that all applicable companies must establish a financial accounting framework that can generate financial reports that are readily verifiable with traceable source data.

A corporate officer who does not comply or submits an inaccurate certification is subject to a fine up to $1 million and ten years in prison, even if done mistakenly. If a wrong certification was submitted purposely, the fine can be up to $5 million and twenty years in prison.