Medinah Minerals (MDMN)

[chiledog]

future for what?? we now see that mdmn sold its entire alto property in exchange for 16 million shares of auryn (restricted at this time} presently trading at 50 cents mdmn has no president and the two remaining directors, italo and raul, have no experience in running a public company. both nice guys but totally out of their depth. mdmn owes a ton of money to remain in existence and even the fees to remain current in the state of nevada have not been paid. their cash problem will only get worse if they follow thro and distribute the auryn shares to the mdmn shareholders as promised.
even if maurizio and goodin put a promotion on the auryn shares and they double in price it doesnt have any effect on solving the mdmn cash crunch to even remain as a functioning corporation.
the existing mdmn shareholders will get a very small fraction of auryn shares to recoup same of their losses and hope there is a market for the auryn shares that allows them to gain something if auryn is eventually successful
maybe mdmn should consider selling some of the auryn shares to pay their debts but at this time i see no logical reason why mdmn should remain in existence if it has no assets, no future prospects and no purpose in life.
if i am missing something please let me know. otherwise i think we have been conned out of existence by maurizio and goodin!!!