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Re: chiledog post# 79808

Thursday, 05/16/2019 1:09:07 AM

Thursday, May 16, 2019 1:09:07 AM

Post# of 80983
I think you're putting too much weight/concern on the Medinah's status in Nevada. In an ideal/active company, yes, they'd want to have a registered agent in order to receive legal notices, et al and to maintain good standing in the state. But MDMN has pretty much "gone void" at this point. Once the share transaction goes through to convert stock into Auryn, then MDMN will be a worthless shell. MDMN shareholders shares will be transferred into Auryn shares. At that point there will be no need to have the company operational in any capacity. So why waste the money?

If for some transactional reason MDMN has to be in good standing in Nevada in order to perform the share swap with Auryn (and I'm not sure this is the case), then it will cost less than $100 to get a new registered agent in Nevada and maybe a couple hundred dollars in fees to revive the company.

The key is that Auryn is the active company going forward. They have a registered agent and are in good standing with the state of Nevada.

https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=lILu6lCjoe2ohSK5zAAOBg%253d%253d&nt7=0

Going forward, shareholders should be paying attention to Auryn, not Medinah. But if some shareholders wish to spin their wheels harping on Medinah's meaningless status in the state of Nevada, I guess that is their prerogative.