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Saturday, April 13, 2013 8:34:42 PM
As for 15 years of failing to deliver on promises to shareholders, well I guess that is all in the eye of the beholder. Longs will tell you that it took JJ this long to wrangle all 1508 claims and get the sweetheart deal that MDMN has with Amarant. After all, 15% FCI is nothing to sneeze at. I also recall that at the AGM in Las Vegas, JJ told shareholders that no matter what, MDMN would get $180 million.
Pick it up right around 0:15.
Ok so no matter what happens, JJ said they get $180 million. Why are all the longs flipping out about funding? Unless JJ lied, they get it no matter what.
I was excommunicated from the inner circle the moment I started doing my own research and asking questions. Maybe this whole Amarant deal pans out and all the shareholders make bank. I certainly won't be upset if they score big. It won't change my opinion of the pink sheet market though; that will always be a cesspool and should be shut down.
Malitia
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