Replies to post #58936 on Medinah Minerals (MDMN)

[FairviewInvestor]

Why Un-Audited for decades?

ok, so I can imagine it costs a shiny penny to engage an auditor, but if you were running a business with Share price in mind;

as it appears MDMN does as per their constant updates to ShareHolders.

maybe I'm being naive, but

Why wouldn't you take a 1st reputable step of authenticating a core facet of the business that financials are?

[Toxic Avenger]

Now there's some nice dilution.

During the First Quarter of 2013, six million (6,000,000) shares of Common stock were issued to Directors, past and present, for services rendered. One of the Directors, Gregory A. Chapin, returned 2,200,000 of his Director's fees gratuitously to the Company. In addition, preferred shares were converted into 2,000,000 shares of Common stock during the First Quarter. A total of 3,540,000 shares of Common stock were issued for cash, at a purchase price of two cents ($0.02) per share, to one individual during the First Quarter. Including the JOTA property issuance, the Company issued a total of 29,340,000 shares of Common stock during the First Fiscal Quarter of 2013."

[janice shell]

I see management fees have risen rather dramatically. Who gets them?