Medican Enterprises Inc (MDCN)

[newmillionaire]

There's a synopsis of a pending article about Medican Enterprises being distributed throughout the Barutiwa News Online Network today. It seems like a pretty good article will be published within 48 hours.

Boardroom Mutiny: The Quest to Enhance Shareholders' Value
By Baruti M. Kamau, Citizen Reporter
The Barutiwa Daily Times/Barutiwa News Online @ www.barutiwa.com

Developing medican story/full story to be published within 48 hours

Power struggles within corporate America are not unusual. Boardroom fights and legal manipulations to obtain dominance in decision making by a specific faction can spell "doom" or "boon" in the relevant company's open market stock price. We can bear witness to such a scenario with the boardroom tussle taking place between Klaus Kelinfeld and Paul Singer's Elliott Management Corporation over the control of Arconic (NYSE: ARNC) as I pen this article. Elliott Management owns more than 12% of Arconic and is actively trying to takeover the company by using soft power to persuade top shareholders to vote out Arconic's CEO, Klaus Kleinfeld, and replace him with the well accomplished executive Larry Lawson. Elliott Management believes that Arconic cannot realize its fullest potential under Kleinfeld. Elliott has even argued that since Arconic was spun-off from Alcoa (NYSE: AA), the company's stock price has stagnated. Now that an activist shareholder is causing waves Arconic stock price has risen from $20 per share to $30 per share in less than 3 weeks. Similarly, on the penny stock market, a battle for boardroom supremacy in a medical marijuana play is taking place within the corridors of Medican Enterprises, Inc. (PinkSheets: MDCN).

Kenneth Williams and Kelvin Lindsey are at odds in a failed reverse merger between Medican Enterprises and Mobiweb Network. Both men are claiming to be the rightful principals to a pure marijuana play that could be worth more than $35 billion in 3 years. If medical and recreational marijuana is legalized throughout the United States, then this could make Medican shareholders very, very wealthy someday.....