Alive and Kicking
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It is legitimized in every state that MDCN "Letter of Intent" state that MDCN is in....
This stock has all the warnings signs one needs to read to make the decision you made.
read the latest filings.....It's all there
You can do all the DD you want but if you bought before the last filing you got fucked IMO.
All the letters of intent won't explain where the market cap went.
Wrong.....the industry has been around forever. It even has a distribution channel. Maybe not a desirable one.
There is product.
There are customers with cash in hand.
There are markets available.
IMO it is a slam dunk business venture. all it takes is a business plan and funding.
none of these PR's mean a thing when you have a company that doesn't appear to see a MMJ market that pays more then the MILLIONs they pocketed already......
No regard for stock holders........
Does this bother anyone else........
http://www.sec.gov/Archives/edgar/data/847015/000144586614001473/medican10q09302014.htm
Revenue = Zilch ...
Operating Expenses of 47 Mil...
Prior year of OE...20k
19 Mil for consulting services
8 Mill for Investors Relations
15 Mil for Management
A 50 Million dollar loss....No revenues.......
Last years loss was .....54k oh.... and....NO REVENUES
No P & D needed here......Management doesn't need to.
Hey IRS, SEC, DTCC, FINRA somebody wake the fuq up.......
I agree.....volatility is our friend....
I straddled this yesterday with a Call at $23 for today's exp and thought we would see a tanking today. I had some put options at $20 for today's exp from last month that I have been sitting on.....So I am losing on both positions right now thanks to China and Euro......Impossible to time anything in the market anymore as you never can figure market sentiment.
Do investors in UVXY on this board do options or underlying?
Wonder what Obama's gonna do to this stock tonight......
Too bad...MJ is truly a "ground floor" marketplace and this company chooses this route. The confusing thing is there doesn't seem to be a Pump and Dump going here.
P&D's take volume.....there isn't any... yet the PPS drops on air.
This company may not have anything to PR but they don't seem to care about Market Cap. wondering how many shares the Board Members have in their portfolios right now. You would think a notice to shareholders would be prudent if they gave a shit.
It is incredible to me that this company can just fall asleep at the wheel like this...
MJ market is like the Video Store Market of the early 80's
In it's infancy....I met a pothead with one brain cell left that was making a good living as a provider over the summer. If he can do it why can't MDCN. WTF.
This guy had a garage, a few seeds and some equipment.
No funding, No capital, No CPA, No Lawyer. It is fuq'n incredible that all of these MJ stocks seem to find it more profitable to execute a Pump & Dump rather then actually try running a business.
Look at the trade activity yesterday. Mostly buying yet price barely moves, today a few sells and price tanks. Wreaks of new shares entering the market on a very small scale. Which tells me that this company can't even execute a good Pump and Dump. I own this stock and a lot of it.....Let's get off our asses and get something done MDCN.
531 shares drops PPS 23 points.... a little more then desperation...imo
Wouldn't be the last time the Gov sold MJ to raise funds....
I remember the contra theories back during the Oliver North years
The crooked tree trunk branches out all the way to the leaf objects that post on boards like this day in and day out...........
At this point JS is here for money per post or an she is a very enthusiastic hobbyist.......
We need to start getting some news....Momentum will build with news and eventually revenues....If the company maintains share structure then anything is possible here....
Medical and maybe recreational MJ is a business based in a house of cards right now....If the fed legalizes it .... then boom to da moon. lol
If being the keyword...
No Volume.........
Self Regulating is f'qn farce and an insult to human intelligence.
Throw a pile of money on the floor and see who steps up to be second in line without a knife to stab the person in front of them.....
Greed prevents self regulation.....
anyone who "puts it all into" one stock is not an investor...He is a gambler........
Penny stocks are a gamble anyways. the lack of transparency and the state of Nevada make it so...........
500K sell order just fired at 1.50.....
Fuss is not over a Dead company more a Murdered one........
Please, I wonder what the sharecount is now...?
Just enough good news-bad news to keep the wishful/hopeful souls hanging on to their positions.
one word that sums up the person for sure.........
You think the Dow is going to drop to 14000...What would be the catalyst....there are many gloom and doom events going on globally right now.
Maybe another 9/11 type catastrophe (hopefully not) while O'bama is addressing the public.
IMO $25 Strike/Puts/Oct exp. will see a bump tomorrow morning.
What do you think of the $25 puts Oct expiry?
anyone who follows advice offered on these boards won't be investing long..
Looking at the trading pattern, these were more than likely stop loss orders that fired when PPS hit $1. Mostly buying since those orders stopped out.
At this time either side of this coin is entertainment at best. Only a handful of individuals truly knows what is really going on with BCIT. It is either an ATM for the crew or a concerted effort made by some very diligent people.
If the latter is the case my very small investment could gain value.
If you are wrong you will lose. Based on the time you and Janice spend on this board you are far more worried then I am.
Have a nice day
How long has she been an RA. That is the real question?
FINRA and SEC, where men are men and the sheep are nervous.......
IMO refunding money would have been an inexpensive way out for them and one that could have been portrayed in an extremely positive public relation promotion. Instead the greed and a "Teflon" arrogance have brought us here.
I hope this costs them billions...
Forced Buyin please......
FINRA as they don't seem to get much work done.
I'm feeling warm and fuzzy as well....
No more selling it would seem.
I don't think a class action would do anything more then garnish a lot of attention of the Brokers or DTC or FINRA or SEC.
IMO the brokers would settle long before it goes to court.
Especially with the precedences that are being set now.
0 volume today.....
Is it time for Class Action?
Every time I read "Boom to da Moon"...
I chuckle as they are usually dead wrong.
I have found that bashers pretty much outperform and are right most of the time.
Also, anyone who would sink that much cash into an OTC stock is either stinkin rich and just doesn't care or is an incredibly irresponsible investor.
is there an ETA to this license......Target Date etc.
That's cause I closed my position yesterday......lol
Impatient what can I say.
Any speculation on earnings conference call at the end of the month?