The below link is to a 2002 Vancouver Sun article "Baffled in Bamfield".
Page 6 of the article says that the indictment alleged, in part:
"[A]n FBI undercover agent, posing as the manager of a fictitious fund, agreed to buy $5 million Medinah shares at $1 each, well above prevailing market price.... Price agreed to a kickback of $1.5 million to the fund manager...."
Now these are not my words, but quoted from the attached article. The ONLY reason I point this out is that all the big longs here have been saying that a secret "whale" is buying the stock up and that is evidence that "smart money" is investing in this Company.
I personally had no idea that the allegations of LP's prior trial involved Medinah's share prices. Did anybody? How do we know the "whale" is legit?
And before you get all worked up, I KNOW HE WAS ACQUITTED OF THE CHARGES!
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