Here is something for you to chew on. Latest comments from Les Price in the form of a Q&A between him and a presumed shareholder. He likes to write in all caps which doesn't allow spellcheck to function properly so you will have to excuse the misspellings and grammar mistakes.
A comment Les had made earlier:
"IN MY OPINION THE COMOPANY NEEDS A WORKING CEO TO ALLIEVATE THE MANY TASKS OF GREG AND TO ASSIST IN SUCH MATTERS AS THE MARKT REPONSES ETC ON A PROFESSIONAL BASIS."
Question: I know you said you were just musing, but it is an interesting answer. Hope you don't regret saying it.
Answer: NO I WAS SERIOUS WITH THE LDM CHILE COMING ON SIDE WITH CASH FLOW REVENUES, THE GROTH OF MEDINAH IN OTHER PROPERTIES, THE ADDITIONIONAL ADMINISTRATIVE CHORES WITH THE 15 C 12 11 AND THE REORTING OF EVENTS TO SHAREHOLDERS THE WORK LOAD THAT GREG IS CARRING IS EXTENSIVE.
Juan José Quijano Fernández - President/CEO and Board Chairman
Gregory A. Chapin - Secretary/Treasurer
Kyle R. Kirkland - Director
Michael Thomas - Advisor to the Board of Directors
Question: You are saying that it would be best if Medinah Minerals Inc, had it's own CEO. If that were true, would that mean that JJ would voluntarily divest himself of his office as President/CEO/ and Board Chairman and Medinah Minerals N.A. would have our own CEO?
Answer: JUAN WOULD BE PLEASED TO LEAVE THE CEO RESPONABILITY SO HE COULD BE FREER TO NEGOTIATE DEASL ETC RATHER THAN BE INVOLVED IN ADMINISTRATION
Question: This is a personal opinion question. Do you think it would be in Medinah Minerals NA best interest if JJ were not part in any way of our corporate structure? In other words, in my opinion, as I said, I think it is a conflict of interest for JJ to try and represent his company which is privately owned and them try to represent the thousands of shareholders of Medinah Minerals Inc. Our needs as shareholders differ somewhat from those who constitue Medinah Chile.
Answer: THIS IS NOT PRACDTICAL AS YOU MUST REMBER JUAN AND HIS FAMILY OWN HALF OF THE ALTO THRO MEDINAH CHILE, AND QLUITE FRANDLY, WITHOUT HIM THERE WOULD BE NO MEDINAH SURVISING. JUST THINK OF THE TASK OF ADMINISTRATING THE TITLES TO 1508 CCLAIMS. HE PAYS THE TAXES EVERY YEAR. ONE YEAR GORDON AND I GOT THE BRIGHT IDEA WE COULD DO THAT AND SET ABOUT. AT THE END OF OUR MEDDLING WE ALMOST LOST SERERAL KEY CLAIMS, CMIXED UP THE TAXES ON OTHERS AND AT THE END OF THE DAY WENT BACK TO JUNA AN SAID WE MESSED UP CAN YOU COME BACK AND FIX IT FOR US. SINCE THEN I DON’T HAVE TO WORRY AS EVERYTHING IS TAKEN CARE OF PROPERLY. NONE OF THE SHAREHOLDERS HAVE ANY IDEAA OF WHAT A TASK THAT IS AS AN EXAMPLE, MEDINAH GOLD HAS A SMALL 6 CLALIM GROUP IN CHILE AND THE MONTHLY ADMINISTRATION FEE TO KEEK THAT UP IS $2300 AS WELL AS THE TAX BILL IN EXCESS OF ///////$6000.
Question: Why was it necessary to form a private company (Medinah Chile and Medinah NA)?
Answer: ALL SHAREHOLDERS OF A CDOMPPANY OWNING PROERTIES IN CHILE MUST GO THRO AN INTERPOL EXAMINATION FOR ANY CRIMINAL ACTIVITY. COULD LYOU IMAGINE THE TIME IT WOULD TAKE TO INVESTIGATE 6000 MEDINAH SHAREHOLDERS, LET ALONE THE PROBLELM IF SOME OF THEM HAD CRIMINAL RECORDS. THEREFORE COMPANIES SET UP SUBS LIKE MEDINAH CHILE TO OPERATE AND IN OUR CASE LARRY REGIS AND MYSELF WENT THEO THE INTERPOL EXAMINATION AND WERE CLEARED TO DO BUSINESS IN CHILE. RECENTLY GREG CHAPIN ALSO GOT CLEARED.
Question: Since we (Medinah Minerals, Inc) owns 51% of Medinah Chile, why is it that when Greg goes to Chile during the time of recent negotiations with prospective partners, he only comes as a guest of Medinah Chile? Does his position as Sec/Trea of Medinah NA not give him any standing in negotiations since actually we own 51% of Medinah Chile?
Answer: NO OBVIOUY NOTHING IS DONE WITHOUT HIS APPROVALS AND THAT IS COVERED IN DIRECTORS RESOLUTION OF MEDNAH. BUT HE HAS NO SIGNATORY AUTHORITY.
Question: Who are the board members of Medinah Chile?
Answer: JUNA JOSE AND MYSELF
Question: Are any of JJ family members on the board of Medinah Chile?
Answer: No answer.
