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Nice to be, seem and sound optimistic but let's be realistic, the company insiders are bleeding what they can as they remain silent.
Don't hold your breath, can easily see another 300MM sold in the next hour
Can you please post the website so it circulates on here? Thanks
Well for sure they have the cash to settle the note, question is will they settle the note prior to the first. If so, better yet, will they PR that they settled the note along with some new angle to profitability? That is anyone's guess and depends on Kens greed level. I am not hopefully anymore however there are still ways to right the ship here starting by doing right by shareholders come July 1.
Just sent the following over to Ken and Paul...ha-ha
Hi Ken,
So tell me, why us it that no one seems to pick up the phone when calling the Medican 800 number. It clearly states they are busy helping other customers. So whom exactly are the customer base as I can not seem to find any customer base in any filings. Please have Ken explain his customer base as if there is a customer there must be revenues, but can't seem to find revenues in any filings either. Please advise.
Thanks
Yes with the first RS and round of dilution between 50MM to 1Billion shares they easily attained 8-10 million in cash. So yes in theory they could easily obsorb the current AS of the additional 9 billion minus whatever retail is buying. Say ken buys 8 billion of the 9 billion at .0005 average that's 4 million dollars. So yes it's do - able but is ken smart enough? Also he then has to craft another story to believe in...
Agreed...I want to see ken locked up for 20 years!
Ken is such a slick bastard.
Ken hides. Email paul
"Your demands are rejected by both of us" direct from khan with Ken cc'd on it
I emailed ken and Paul demanding a shareholder update as we are trading almost at no bid however my demand was outright rejected
IF he responds he will feed you some BS that he wants this to work out more than anyone and that is car is from the model year 2000 and has not upgraded since because he has not been taking a salary so he can invest all of it into Medican blah blah blah. Then he will go on to day he is in this not for a high PPS but rather to make the company strong. Blah blah all while he is diluting and ringing the register all the way down to no bid. In the mean time the score is competition 100, Ken 0. It's like he is losing every inning in a baseball game but the team has a strategy not to worry about the inning to inning score because a solid team is being built to overcome. What a crock of crap. Hope this man chokes on something tonight while eating dinner.
Interesting find: when you Google "BBMD Mergers and Acquisitions", Paul Khan is the third hit from the top. Pretty impressive! Maybe we have a heavy hitter on our hands conducting mergers and acquisitons. I think we are acquiring most of Zennabis and some others. The need for Paul has now become apparent.
Well I can't tell the future or suggest when the company will talk HOWEVER the company was never the type to put out pr''S for the sake of putting them out. I will say this; the mergers and acquisitions guy is an all business kind of fellow...borderline all business arrogant type, might be good for medican. And the fact that a new pr guy was worded to me as just that..."the new profile guy" tells me things are in place. I would think the new pr guy is going to have to earn his $ so I would expect something from the company shorly, perhaps end of week time frame
Paulkhanstein@yahoo.ca
Yes true but bids need to be increased steadily to gain momentum. That is not happening yet
Based on a few conversations I have had with Paul Khan the new Mergers and Acquisitions Consultant for Medican it is quite apparent to me that Medican is ready to take a large leap forward in its quest to become THE major player in the mj field. Medican has trimmed the fat, for a lack of better words and brought some new talent meaning a mergers and acquisitions person as well as a new investor relations person that seems will be making his/her debut at any moment. The pieces are in place and the talent appears above par compared to the last group. Exciting times ahead with mergers and acquisitions. Zennabis is looking more and more likely with a now presence in Canada.
PAUL KHAN, THE NEW MERGERS AND ACQUISITIONS CONSULTANT IS LOCATED IN CANADA.
Connect the dots people...
Canada just leagalized...
Zennabis is back in the works
I WOULDN'T BE SURPRISED IF THE NEW SHARES ARE USED TO ACQUIRE CANADIAN PROPERTIES....51% RING A BELL????
The funny part looking back is that every quarterly report is late! I think I know why. See ken pays his "consultants" with checks after diluting the crop out of shareholders. THEN in an arrangement made the consultants kick back 50% to ken under the table. So between losing 50% then having piles and piles and piles of cash to count, he never has time to produce a quarterly in time and can't go to a closing table with barrels of cash. I got it!!! Haha
Wrong! Stop making thing up. 5 million PREFERRED shares were created and Ken gets 60% of them or 3 million of them. The other guy gets 1.5 million. The common shares were increased by 9 billion, separate from the preferred
Verifiable link to share increase????
Seems Medican landed a new IR consultant and John Lauren is out. We shall see if this is a positive move, willing to hope for the best. I would think ken would be obligated to PR this as it seems it somehow leaked as it is all over twitter. Let's just hope Ken does not use this IR change up as an excuse for not closing deals. REMEMBER he still cleared a good $10 million with the last round of dilution....INVESTOR MONEY
Slap that ask!
Look at the name of the board on yahoo..it has changed
Look at the name of the board on yahoo..it has changed
Well if it moves to .02 or .03 BEFORE news hits then we may be in for a nice ride. Figure worst case scenario it runs half of what it did in March from .025 (call it) that should put us somewhere in the neighborhood of .60.
Well those are the figures john lauren at IR threw around
So if the company is sold did they acquire TWYNS and the AZ locations and other small deals so that the company can be bought for a reasonable dollar figure? If John was accurate and suggesting revenues from all revenue streams closing this year to be about $57,000,000 what is the company worth to a Vietnamese buyer? 75 cents?
GOOOOOOD MORNIN VIETNAM!!!!
No it just changed
Medican name change? Check out link...
[url][/url][http://finance.yahoo.com/mb/MDCN/;_ylt=A0LEVvJyhoFVCzEAnlAPxQt.;_ylu=X3oDMTByOHZyb21tBGNvbG8DYmYxBHBvcwMxBHZ0aWQDBHNlYwNzcg--][/tag]
Yahoo board name change suggests medican might be sold....Vietnamese influence possibly
Intersting when you Google cong ty medican you get a lot of pharmaceutical hits...
Anyone know about the "cong ty" designation on the yahoo MDCN page? Seems there was a name change there but no info on it. Apparently cong ty I'd Vietnamese for "the company". Do we have a Vietnamese influence all of a sudden perhaps delaying things?
A few of us have on here. My official count is from the TA
The way I see it the only way this gets to a respectable trading level, meaning $5.00 plus is if Zennabis is solidly back in play along with the AZ deals, CA deals and apparently CO deals as well. Tall order but hey you never know, perhaps that's was the honest truth for the dilution
Oh then what is the outstanding and avail? Please provide concrete proof or else it's all hogwash
If Ken Williams had any smarts he would have diluted the second the RS took place at .06 all the way down to current levels and easily could have accumulated $10MM in cash, probably alot more to acquire TWYNS and purchase the TWO Arizona properties. All of that would have cost about 6 million, maybe 7 million at best leaving him 3 million to BUY BACK SHARES! Even if he were to buy back 750MM shares at DOUBLE our current price, say .0035 costing about $2.5MM, still leaving some cash for operations and so on. If he did that and in effect locked up the OS and float while averaging down a cheaper share price the company would be in a good spot now. What did he do with ALL that cash????
I have a feeling we are not going to get an update. I have a feeling on the next quarterly report that will probably be submitted late he will throw a line in there suggesting they walked away from the deal as it was not in the best interest of the company. The company went solent. Does anyone have an email they can copy to the board within the last 5 days from them? I bet not