You disproved......no you stated a poorly informed excuse for trying to discredit an unaudited financial from a lowly pink sheet stock that will eventually provide audited results to shareholders when capital is available.
Trust deposits do not have to have a long term shelf life. They can be be for as short a period as 30 days or longer at which time those deposits will convert to cash of hand. The primary focus is that the money belongs to Medinah and that additional deposits have been made to Medinah accounts and will be annotated on the March 2011 unaudited financial statement.
I can only assume you are in fact an SC as opposed to CWAS. That would explain the problem you are having understanding US banking laws as well as reading a very simple financial statement.
Mr. Wmo, you, sir, speak volumes.
Regrettably, I can't seem to understand whatever point you're trying to make.
Do you understand whatever point you're trying to make?
Have I ever challenged that the trust deposit is an asset of Medinah? I think not.
Could you please humor me and provide illumination as to how my inadequacies in comprehending US banking laws and my "problem" as you call it in reading simple financial statements has adversely affected my conclusion.
Since you have discredited my analysis (while being absolutely vacuous in terms of specifics), I then ask you sir, what was the SOURCE of the trust deposit, if not precisely described in my cash flows statement? This is a very simple question, you've already noted the financial statements are also very simple, so I will eagerly anticipate your simple reply.
Cheers,
~~CS~~
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