MedGen Inc (MDIN)

[Jammin1]

Exactly right, and you can use the same kind of argument for Celprogen and Mr. Manzo that you used for Walgreens.

In fact, that case is even more convincing, as I explained here:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89942283

SIGN #5 (of 5) that MDIN is NOT likely a scam:
This is the strongest, most reassuring reason.
The lactose intolerance patent. Think about things from the perspective of Celprogen, and Kenneth Manzo.

First, this shows the patent is real:
http://www.celprogen.com/image/data/Patent.pdf
and that Celprogen obtained it last fall:
http://www.businesswire.com/news/home/20120926006325/en/Celprogen-Obtained-Patent-US8236297B2-Method-Treating-Lactose

Then, this shows that MDIN got the exclusive license to use it:
http://www.prnewswire.com/news-releases/northstar-acquires-a-new-and-exciting-patent-license-in-a-multi-billion-dollar-industry-209327661.html

If the patent deal never happened, or if the terms of it weren't accurate, wouldn't Celprogen have responded to this PR by now, setting it straight? Given the terms of the PR, they'll have to declare themselves as major shareholders in MDIN, so if it's not true, they'll be very vocal about it.
So the patent license deal is real, and probably worth a lot, maybe enough to make MDIN a target of acquisition.

Now, HERE'S THE CLINCHER!
Again, think from the perspective of Celprogen and Kenneth Manzo.
If they thought MDIN's products/business might be a scam, wouldn't they have insisted on cash for this deal, instead of insisting on shares in the company, as they did?
Since they sold the rights for just shares, don't you think that during negotiatinos, they insisted on access to a firsthand, direct look at the company's operations and sales, etc., so they could be sure it was all legit and worth something, before agreeing to the deal?

Don't you think that Celprogen & Ken Manzo feel 100% sure that MDIN is legit, and not a scam?

These guys are smart and informed, so if it's good enough for them, it's good enough for me!