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I hover
Old news
But we can still read and see it’s not related
Not helpful. People keep telling you that you’re posting bogus garbage. Why keep going?
This company isn’t CGRA several posters have told you that already
We'll find out something by March 6th
http://www.cgrowthcapitalbond.com/
We are presently updating our website, please revisit soon.
We expect updates to be completed by
6th March 2019
info@cgrowthcapitalbond.com
No news in a long time is also speaking volumes
Do you know anything new on this stock?
Medican Enterprises Inc (MDCN:OTC) Acquires A 35% Equity Stake in Jamaica Earth Therapeutics Limited
https://cannasos.com/news/hot-news/medican-enterprises-inc-mdcnotc-acquires-a-35-equity-stake-in-jamaica-earth-therapeutics-limited
Medican Enterprises inc. (MDCN:OTC) is pleased to announce that, pursuant to a press release issued last week, it has acquired a 35% equity stake in Jamaica Earth Therapeutics Limited (“JET”)
JET (https://www.jamaicaearth.com) was one of the first companies to be issued a processing licensing issued by the Cannabis Licensing Authority of Jamaica and is at the verification stage for a retail location. The proposed retail location is in one of the tourist towns in Ochos Rios and Falmouth with JET partnering with two major tourist attractions.
JET owns 12.5 acres of land with which to plant cannabis. One of its cultivators has over thirty years of experience in the field. JET will cultivate sativa, Indica and hybrids. Their Mother plants consist of Jamaican original strains and selected strains from global sources.
Carlos Jaramilo, CEO of JET, states,”I look forward to working with the esteemed team at Medican to grow this business internationally.”
Ken Williams, CEO of Medican Enterprises Inc., states,”Jamaican gunja is the best in the world. JET’s product will dominate the Jamaican market then the world.”
Updates will be forthcoming
For More Information,
Ken Williams, CEO | Medican Enterprises, Inc.
T: 1.313.703.7873 E: kwilliams@medicaninc.com
About Medican Enterprises, Inc.
Our Mission is to lead production, distribution, research & development. Medican seeks to become the world’s largest wholesale supplier of pharmaceutical grade cannabis to the medical marijuana industry. A leader in innovation, quality and variety. Leadership Medican delivers strong operational experience and a significant focus on research and development. Medican is uniquely positioned to capitalize on the market opportunity. Quality and Efficiency Medican produces effective Cannabis strains with standardized potency and verified purity. The company has the highest standards of safety and inspection in all areas of quality control, cultivation, and distribution. A combination of in house Research & Development team's, third party testing which ensures the potency of active ingredients in all products and is free of microbial chemical contaminants. Stringent quality control testing provides lot numbers for precise identification of all products.
Legal Notice Regarding Forward-Looking Statements:This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medican Enterprises, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Medican Enterprises, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
What’s happening oct 17? I only check in every few months
That was before this
Oil crews completed oil sales and moved over 700 barrels of oil in February at the bitter cold Wyoming site (5 degrees F) for the first time in recent memory. The sales are representative of only a portion of the field that remained accessible. Infrastructure, work overs, and treatments are working and set a course for a positive 2018!
This place has devolved into chaos. I feel like if CGRA doesn't throw us a bone soon y'all might start eating each other.
of course there's a gap the company is still in development, yet despite that they're not diluting and not trying to prop the stock with a flurry of bogus PRs. Not sure where that point was headed since it's been established what the company's state is
if you haven't read the fins I suggest you do that, especially since you're leaving out the fact that the money was spread between 3 bond companies all with different agendas
The money raised wasn’t just for one well, that’s more than a bit of a stretch. Lastly on fb they did report of moving over more barrels in a month than they ever had before. 700 barrels not quite what we want but it’s progress. Game isn’t over yet
I don't think that's true, if it can't reach .02 why even bother staying in now? They haven't even monetized fully what they've already drilled and there are plans to overhaul additional sites. I think it's premature to consider that especially with so many milestones still off into the future
I agree with you there, as long as there's no dilution this stock has a shot
I also know development takes time and I'm willing to wait, I never had any illusions that this would be an overnight play. Been here almost 3 years and I'll be here long after
Can't change the fact that $CGRA hasn't diluted and is still following through with it's business plan. I'm expecting 2018 to be a very productive year
How about you figure that out for yourself
Thank you for the education! CGRA all day $$$$$
Well I guess that means the well’s not dry
And he can’t unload 50 billion cause there only 134 million outstanding. He can authorize up to 10 billion to become outstanding shares, but as of right now there’s only 134 million shares available
Actually AS is 10 billion
They did an RS back in 2015 OS is around 130 mil now
Nicely put!
CGRA is a winning stock. Problems always arise when it comes to major operations like drilling a well. I fully expect them to extract oil since it's presence is not a question at this point.
That this is a beast in waiting?! I AGREE! Its a good thing that the investing public can read for themselves! Ah the marvel of literacy ;)
It does explain everything doesn't it? Glad you see it that way :)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138486184
not rose colored, just plain english
Look like I have to break up the fb announcement such as the following:
"Substantial porous and permeable sands and free oil column encountered while drilling in the top section of the Minnelusa were likewise consistent with the geophysical data."
THERE IS OIL AND A LOT OF SAND
"For technical reasons having to do with the live fresh water drive of the reservoir the oil-water contact and saturations cannot be assessed with adequate certainty."
THERE IS WATER IN THE OIL THEREFORE WE CAN'T GET AN ACCURATE READING ON HOW MUCH OIL IS THERE, BUT THERE IS STILL OIL.
"In December the lowermost of those sands was perforated. Unfortunately testing was immediately complicated by quantities of unconsolidated sand entry into the wellbore, making it impossible to get an adequate swab test of the formation or to easily isolate the perforations from the upper sand strata."
AS WE WERE TESTING THE OIL, WE CAME ACROSS SAND IN THE WELL SO WE COULDN'T GET AN ACCURATE SWAB TEST.
SO IN CONCLUSION THERE IS OIL, WE JUST HAVE TO DEAL WITH THE PRESENCE OF WATER AND SAND TO GET ACCURATE READINGS.
"We therefore released the workover rig for development of a technical plan to address this complication in consultation with the working interest partners and technical personnel.
A plan having been developed and adopted, and as the weather moderates, completion and testing activities will resume in the coming weeks. We remain extremely positive with the eventual outcome and production to be realized from this well and the subsequent drilling locations."
Seems pretty clear their intention of temporarily releasing the rig and they stated that they have a plan and are moving forward with said plan. Sometimes all it takes is to reread what they already wrote.
Yea its premature for the rig until they deal with the issue of the presence of sand and water. Still not uncommon, if you can tell me that never happens then I could see a problem. As this has progressed you're running out of areas to criticize.
Oil extraction was complicated by the presence of water and sand, which is common for the area they're drilling in, doesn't mean there's no oil.
Actually I’m not a newbie I’ve been holding POTN since it was sub penny. Nice try though
And you can’t read just like the other guy, if you can’t see far enough back who I’m responding to then kindly MYOB
And I was referring to the company they supposedly bought out since this is the POTN board. As I said before I’m more than aware of the share structure of POTN