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Maybe, if we had news from the company, or a pulse from them
Really? Then they probably communicated to you why we are now 15 days past the 3rd extension of the "anticipated close date" of both AZ locations and probably communicated to you how properly the 900mm shares they diluted were used.
Hope your right but still lacking a lot of news at this point. The company never writes back
A ton of volume in MDCN over the past few weeks. Strong long hands accumulated big time in anticipation of run. First stop 55 cents
Rumor is news will detail how Zennabis is back on the table due to the law change in Canada in our favor...WOW $5.00 INSTANTLY!!!!
With John in Canada this week I wonder if Medican is rekindling a Zegna is deal or some similar company while Ken is reported to be in CA closing other deals. I wonder what would happen to the pps if a Zennabis rekindle was in the works or something similar. Hmmmm
I think it has something to do with preferred shares. Not sure what ken is up to with them though
The way I see it MDCN needs to solidly break through 20 cents in order to have a real sustained substantial run. The chart is quite ugly ever since 20 cents, that being the true critical tipping point for a true breakout. On the positive side if news hits we should easily break through 20 cents and head well beyond. Until we get news we will run a bit then give it back, just the way it will vo. We need somme thing to bust us out of the basement levels, ken needs to come through BIG TIME
Can you please screen shot your email to bring more credibility to the board? Thanks
I just don't understand why this pick CEO can't give us an update. Not asking for inside info, not even asking if deals are closed. Just a friggin update as to where in the process we are with the two AZ properties and any other properties or deals they have in the pipeline in CO and CA allegedly. Is it really that much to ask for???
You mean he posts here in between his tanning sessions? That we ultimately pay for
Also the 102MM yesterday tells me those are probably new shares that an MM diluted down. So a few days ago I know the OS was 775MM yesterday probably at least another 100MM and a few days here and there plus today we have to be maxed out by end of day today. Hopefully that prik didn't increase the AS but being he and tan Lauren went quiet I have a funny feeling he increased to 2 Billion. I also think with his new available shares he is going to wait till the next quarterly to sneak a line in there that they decided to move onto different projects. All while he dangles the carrot with BS press releases and dilutes all new shares. This guy needs to be found....
Right I saw that too. So considering there are more short shares out there overall. My guess is tens and tens and tens of million share shares it may be possible we are in for one hell of a squeeze based upon what history has shown. Maybe....
Intestine find on the OTC site. Not sure how valid the data is but if you click the short interest link on the profile page you will see that the short interest went from 2,407,639 on may 15 to 1,818 on may 29 representing a decrease of 99.92%. The last time it decreased between the period of march 13 to April 30 for 99.75%. Interesting because during that time u is when it ran 6000% plus....
Did the same thin between Jan 15 and Jan 30 just on a smaller swing
and same Dec 15 to Dec 31
Thoughts
You don't know this, stop with the hype and rumors...yay!
If only we knew that to be factual. Based on the volume as of late and the now gagged TA I am venturing to say that fat basted ken raised the AS.
Doubt it
How do you know it is fully consolidated? Please explain. I personally think he raised the AS with all this volume
I have a feeling this fat basted CEO ken williams is going to wait for the next quarterly report to suggest they have moved onto other deals. In the mean time he has diluted this down to nothing. Criminal charges loom....
Ken Williams for sure is reading this board. I tried to get the OS update from the contact at the TA that was good at revealing the figures however she is no longer able to furnish any information. That tells me Ken sees the info circulating on here and knows where the leak was and has silenced them. Slick fat basted if you ask me.
At .003 that's a $300k short bet..pretty heft huh?
Starting to think MDCN legal has advised the company to keep quiet during these acquisitions probably due to the sensitivity of the kind of business they are. When you think about it AZ. CO and CA business transactions are across state lines which then lends itself to federal regulations. Clearly they are setting up shop in different states so maybe it gets a bit complicated from a legal perspective considering state vs federal legal limitations. Just a thought.
Penny!!! We better cruise past a dollar!!!
Any update on the title search? If so please share. Thanks!
You are incorrect on two things:
The OS when it spiked to .054 was about 450MM NOT 45MM. Yes even those OS numbers are smaller than we have now however the run was on pure speculation, nothing concrete and no signed acquisitions. We did not even have TWYNS at the time of the last run nor the leasing agreenest in CA for $9k per month.
The OS right now is somewhere around 850MM shares, I have verified with the TA numerous times this week as you can check my posts. Yes the OS is higher BUT the AS is NOT changed and again verified by the TA. This time however we have a lease agreement AND TWYNS acquisition under our belt. Add that to the additional CA properties they are working on and the already revents generating AZ locations and you will see how this time around is a lot more substantial and matter of fact. A bunch of 13 g's tell me we have institutional investors too now. Also with all the buy volume as of late it tells me we have more longer term investors in the mix now and less shorting.
MDCN to trade above $1.00/share once news starts rolling in. If we hit the equivalent of .54 on hype and expectation alone then signed revenue generating acquisitions should push the pps up multiple times higher this time around. Seems the entire OS is preparing for an epic run. I still think we do it 100% (or so) per day for many consecutive days.
.0035+100%=.007
.007+100%=.014
.014+100%=.028
.028+100%=.056
.056+100%.112
.112+100%=.224
.224+100%.=.448
.448+100%=.896
.896+100%=1.792
About 9 days needed and boooom! We are there!!!
Awesome job posting such a crafted scenario! Excellent work! Even if your numbers are half right that puts us at a minimum of $6.00ish/share
More like .75
Gap is just about filled....now we move through the 3's and into 4's today
Just a little gap filling is all..,no worries here
Probably upper 3's
Up to .03 to be safe
Looks like .0027 to get in
My guess is you will have to move it to .0025 pretty market, maybe higher
Say what you may but clearly the market thinks otherwise. The shares sold were for purposes of "hard assets" and appreciating hard assets. That will be viewed as a positive, you can see it already. Your days are numbered as a short my friend but keep chugging along
Depends on how investors view the share structure. IF they used most or all of the OS to acquire TWYNS and both AZ buildings and possibly some CA acquisitions then the investment community might view these shares as "concrete shares" meaning a one time expense of the shares to give Medican a few physical footprints. I think the bigger question is if they do not raise the available shares too much and dilute into those. Hope this makes sense.
Angelo and serve this looks very promising. Zennabis still alive
Anyone think a Zennabis like deal is secretly in the works? If the MDCN is acquiring all these locations it better suits them going forward to partner with a Canadian company of the Zennabis magnitude. If they get these current deals under their belt they in a sense prove themselves as a major contender and someone such as or like a Zennabis may be in talks already. Just a thought. At that rate we may quickly head to $20
So according to my math from these current levels this has to run 25,000% in order for us to mimic what was done back in march. Who thinks we do at least that when AZ acquisitions are announced as well as the other CO and CA locations are announced.
From the current pps if we get five 250% days we will be over $1.00