Medinah Minerals (MDMN)

[jetpilot1101]

It wouldn't surprise me in the least given their 24 years of failure to land any reputable partner, never auditing their financials and increasing their A/S from 100 million to 3 billion shares.

The SEC hasn't come calling...yet, but given that penny stock fraud is rampant and the regulators are beyond busy, they probably have their hands full with really blatant scams.

I've said it before and I'll say it again - the SEC, should give every company 1 year to get current, audited financials. If after a year, the company hasn't complied and can provide no legitimate reason for not having complied, they would cease to trade until they could comply. May sound harsh but it's the only way to end the blatant fraud in the pink sheet market that transfers wealth from naive investors to the pockets of criminals, crooks, fraudsters and all manner of low-life scammers.