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Friday June 15,2012 : EDIA CORP ACCOUNTS UNDER THE MICROSCOPE? (Update)
Forensic accounting exercise contemplated
Information on Media Corp surfacing Thursday suggests that the new management which replaced Justin Drummond and Sara Vincent may be concerned at discrepancies in the accounts, and is contemplating a forensic accounting exercise that could have serious ramifications in the coming weeks.
This may be the reason for their continued silence despite ongoing complaints and the mounting anger of investors and unpaid Purple Lounge players.
Media Corp is the parent company of the failed online poker room and casino, placed into liquidation by the new Media Corp management earlier this monthafter the previous management - prior to stepping down - 'suspended' its activity, leaving players uninformed and unpaid.
The mystery around litigation launched against Media Corp by CD Casino.com Limited has also been cleared up.
CD Casino.com Limited director, and well-known e-gaming publisher, Michael Caselli has confirmed that the legal action was launched against Media Corp in respect of a business deal with its former subsidiary Gambling.com, and had nothing to do with Purple Lounge. The case is still being pursued.
Caselli publicly and privately warned the previous Media Corp management on what in his opinion were questionable management decisions, but was apparently ignored.
There are also strong indications that outraged Media Corp investors may be planning legal action against the former management.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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