Medinah Minerals (MDMN)

[easymillion]

SHAREHOLDER UPDATE - Thanks for Posting HR!
Beyond all the nefarious fear mongering conjectures, I think the explanations are really simplified into two major points. No more forward carrying interest notes in the way of one-sided loans to JJ for accountants to explain. Simply stated, it satisfies reporting requirements of publicly traded companies as it cleans up any grey areas of one public (MDMN NA) and one private company (MDMN Chile) trying to explain who paid what and when. Simplifies all the financials to one company reporting under:

Alternative Reporting Standard: When SEC registration is not required, companies must generally still make information publicly available pursuant to Federal securities laws, including Rule 10b-5 under the Exchange Act and pursuant Rule 144(c)(2) under the Securities Act. OTC Markets Group offers the Alternative Reporting Standard for companies who choose to make material information publicly available to investors

Also, now there is only one company and it's officers to deal with in determining signing all requirements and future details of any negotiation. Best possible outcome for all shareholders at this stage. We have the first step in becoming a profitable and fully reporting company announced today, IMO.
Invested in the Mountain ...
and That's What Counts!
$$$$ I'll be Taking it to the Bank $$$$
easy