As of December 31, 2014, Medinah financials show Juan José Quijano Claro ("Claro") as owning over 140,000,000 shares.
As of March 31, 2015, Medinah financials show Claro only owning around 114,000,000 shares.
These 26,000,000+ shares certainly didn't go "POOF" in the night. He sold them one way or another.
We're a month out for 2nd. quarter financials to see how many more millions Claro sold.
Of course it is insiders and tightly related parties doing the selling. Logical, as they have the most shares and by far the lowest cost bases. And yes, I'm sure we can theorize that Auryn or even Martians bought Claro's shares, but let's not bother going there.
Well, I refuse to believe that Claro has been handing out shares left and right, and it is most plausible he monetized the 26 million + from any rational perspective. I have plenty of experience with the heirs of wealthy parents and they tend to be the most greedy and selfish of all. And of course, Claro has no job and must fund his lifestyle. Keeping the lights on, if you know what I mean. It isn't like Claro is going to actually start working for a living at this stage of his life, is it?
Oh yes they are shorting...
Please provide proof of this. I find it difficult to believe that ANYONE would short a stock hovering around its five year low- that is just stupidity, and likely impossible in the case of a disrespected pinkie like MDMN. In any case, please either substantiate your claim or let us know that it is your "gut", as Dr. DeCosta often looks to, providing such commentary.
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