May be Mac.k could look even further back than two months, say about ten years, when JG bought an interest in MED and did his utmost to own the lot, disregarding small shareholders. MED used to be about 5c but under JG it has lingered and lingered under 1c
and his purpose is to own the lot. This is achieved through share restructures, through which small shareholders get unmarketable
share parcels. (I would not be surprised if there was another share restructure in the offing) It is achieved through lack of information to the shareholders, creating despondency and decision to sell at way below value.
Someone else suggested to read a news paper article about JG resolving his bankruptcy through weeling and dealing and creditors getting 1c in the 1$. I have my opinion about the morality of a person who does deals like that.
I would like to know if the proceeds of the diamonds could be used to pay for the operations, rather than issuing notes, which in the not so long run will dilute the value of your shareholding. - My suggestion would be 'keep an eye on MED and its CEO, and keep your powder dry to the last moment'
MED Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
