Medinah Minerals (MDMN)

[Mining Investor]

Nothing? Why post that when the facts are clear?

Price gave back all his shares and shares in CDCH and AMNP per financials and was hit with $400k in judgment per MDMN web post.

http://medinah-minerals.com/medinah-announces-legal-judgment-nevada-lawsuit/

http://medinah-minerals.com/final-settlement-shares-processed/

Final total shows 4 million preferred decrease and over 115 million common decrease.

At $0.10 per year dividend on the preferred that's $2,000,000 recovered of 5 years at 4 million and it continues to pay going forward.

115 million common is about $500,000 at today's depressed price.


From financials

Furthermore, the company expects to receive shares in the following companies as a result of recent legal settlements:
• Cerro Dorado, Inc. (CDCH) – 19,300,000 shares.
• American Sierra Gold Corp. (AMNP) – 1,700,000 shares.