Mr. Letts, as soon as he took the position of Director of Medinah, owed a fiduciary duty to Medinah. Fiduciary duty defined as "Directors and officers shall exercise their powers in good faith and with a view to the interests of the corporation."
Mr. Letts acted as an agent for AURYN from the very beginning of assuming the position of Director of Medinah and therefore breached his duty to Medinah. Directors are charged with doing due diligence before and after taking on a Directorship of a Company and neither Mr. Goodin or Mr. Letts did so. Had they done so, the nonsense with Mr. Price may have been nipped at the bud. A series of basic questions with a quick review of the Medinah's corporate Minute book, would have revealed a great deal. (By the way, who has control of the Minute book? Does Les Price still have it?). This is assuming however that whoever is looking knows what to look for. It would seem that past and present Directors are/were either crooks, stupid, naive, or co-oped.
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