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That would be nice however I don't see that happening. As a matter of fact this CEO is so non transparent he is incapable of providing a shareholder update. Most CEO's at least out of courtesy to its shareholders would provide some sort of progress report. With 800MM shares left on the table to possibly dilute the market is telling us it does not trust Ken and he will use any attempt he can to dilute into these fictitious stories of building acquisitions and so on. all nonsense are my thoughts. I hope I am wrong, I REALLY DO as I hold a lot of shares but my confidence is gone, all my questions go unanswered by Ken and all he does is promise and not deliver, just dilute dilute dilute
WRONG Ken is putting the shares out there to dump, the MM's are doing their job. Stop blaming the MM's people. Ultimately the CEO is responsible and I can not find ONE THING this moron has done right. He needs to go.
Yeah this guy Ken Williams and all the rest, IR an so on are all a piece of crap. Not even a progress report to calm nerves. They need to be found and taught a lesson
I don't see how these buildings are going to close by 5/31. They are still diluting to pay for these buildings???? By the time they dilute enough to pay for them, then go through all the inspecitons, lawyer mumbo jumbo and so on there is no way this can happen in the next 2 weeks. I just don't see it. I expect another delay...Labor Day time frame.
The problem here again is that it looks like this is going to get diluted back down to .0007 and even if we get news and even if it runs back up 5500% again it will at best put us at .05. Think we have been had here. Ken and his cronies need to be found
That would be awesome! but they need to reduce the AS to 250MM first. I keep telling IR but....
Technically we should bounce hard tomorrow. Whisper is share conversion is over.
Just received an email from IR. He suggested timing is not right for a PR this week but to expect some very good news next week. For what it's worth I guess we can weather one more day of this. Maybe we get a technical bounce tomorrow being we now officially formed a double bottom. Let's see what happens.
The market ALWAYS repeats itself. Always, always, always, always. If you want to make alot of money in the market you MUST remember that and abide by that rule ALWAYS.
We have basically tracked back to the previous lows before we ran to .054. With the new OS in place and deals within sight again I see a reversal starting at any moment. .55 and upward is now in store for longs, perhaps alot more once ink is on papers coupled with much lower OS. As we previously saw anticipation ran us 5500% dry ink should run us 55,000%.
Ok sounds good. you should really take a screen shot of it and post it to validate things
confirmed to whom?
Now holding 850,000 shares post split. Ready for first leg up (5500%) run on news. This should be the first leg up like we had last time. With minimal OS and minium 50 cent pps many new investors will be attracted for MDCN. Also, "D" will be off in the coming days which should add fuel to the run as well as the stigma will then be removed.
Who thinks they are buying both buildings in all shares????
How do we know news is certain for tomorrow? I am starting to think they are not going to make the 31st closing
It seems we are repeating what we witnessed throughout March but this time in May in anticipation of the new closings date. The only changes this time although quite important is the share count is 20-25% of what it used to be, the anticipated reverse split has come and gone, Medican HAS now closed a branding deal and John has suggested to me he is confident the closings will happen before 5/31. VERY different language now that we have moved closer to the closing date and very different share structure since the previous anticipated closing date.
ALSO we have a 13g out there suggesting a financial firm owns about 5% of Medican with current OS (today's figures). We also have progression of Medican Nations as well as other dealings in Colorado. So you can see there are some significant differences this time around all while the OS is about 20-25% of what it WAS which should fuel the coming run on anticipation of news leading up to closings and further fuel the buying frenzy once Medican posts PR'S about closings and investors digest thar Medican will then be profitable.
Also keep in mind the RSI is at VERY low levels and bound to ramp up as well. Positive articles like the one out this morning also help in attracting attention to MDCN, again as these articles start to surface in anticipation of deal closings.
VERY exciting times ahead.
Looks like it is time for the media to start picking up on MDCN again as closing dates are approaching again. News should follow closely this time. Funny how it works huh? Now that smart money has collected their shares they will now allow us to make money.
Also there are the other technicals like the RS I being quite low. There is also a "W" formation in the charts if one subscribes to that sort of technical charting.
I agree with most of your post. It seems we are repeating what we witnessed throughout March but this time in May in anticipation of the new closings date. The only changes thus time although quite important is the share count is 20% of what it used to be, the anticipated reverse split has come and gone, Medican HAS now closed a branding deal and John has suggested to me he is confident the closings will happen before 5/31. VERY different language now that we have moved closer to the closing date and very different share structure since the previous anticipated closing date. ALSO we have a 13g out there suggesting a financial firm owns about 5% of Medican with current OS (today's figures). We also have progression of Medican Nations as well as other dealings in Colorado. So you can see there are some significant differences this time around all while the OS is about 20-25% of what it WAS which should fuel the coming run on anticipation of news leading up to closings and further fuel the buying frenzy once Medican posts PR'S about closings and investors digest thar Medican will then be profitable. VERY exciting times ahead.
There has been a ton of accumulation over the past three to six months. With accumulation occurring between .08 all the way down to current levels this will explode to all time highs once major revenue and signs and proof of growth enter Medican. We are finally within reach of this, probably two weeks ahead is my guess. I don't necessarily agree with the CEO and his transparency or lack there of or even IR for that matter but maybe there is a reason for the extended silence. Heck, no one knew about the branding deal, granted small revenue but it is a solid start. With institutions stepping to the plate (last 13g), confidence is growing. With the RS I at all time lows it is due for a rebound. With deals about to close, revenue from leases, 30% revenue on sales, Medican nations, Colorado locations in the mix and older deals like Zennabis still on the table the growth is unlimited. We have weathered the worst, thar being the reverse split but think it was for the best. NY guess is dilution is over, think the OS is somewhere very close to 100MM shares which is very healthy. This will move thousands of percent at a time. First sell is at $10/share, the rest at $25/share.
I asked him a few mins ago if we can expect news this week and he said "not sure yet but it's only Monday" and he is traveling.
running it the wrong way...scum management
PEOPLE LISTEN UP!!! THIS IS GOING DOWN BECAUSE THE CEO CAN NOT CLOSE THE DEALS. THE BRANDING DEAL WAS A JOKE AS IT WAS ALL OUT DILUTED SHAREST THAT PAID FOR IT SO MANAGEMENT CAN ENJOY A $400K REVENUE STREAM FROM THE PROPERTY. WITH A BILLION SHARES OUT THERE THE CURE FOR CANCER WONT HELP US. HE NEEEEEEEDS TO REDUCE THE A/S DRASTICALLY....VERY DRASTICALLY. HE NEEEEEEEDS TO UPDATE THE SHAREHOLDERS. HE NEEEEEEEDS TO CLOSE THOSE DEALS. HE NEEEEEEEEDS TO STOP DILUTING.
POS CEO IN MY OPINION
POS IR GUY WITH A FAKE TAN THAT READS FROM A SCRIPT.
WORST CEO, WORST IR GUY, WORST MANAGEMENT TEAM. BUNCH OF CROOKS. THINK ITS TIME FOR A CLASS ACTION???
Have a feeling they are going to dilute the hell out of this today and drop it a good 40%. CEO must go along with IR
Don't think shorts are covering. If they were the price would go up drastically. It is just dilution is my guess.
Understood. Let's hope for the best!
Agreed as it would be a disaster when we get the acquisition pr's and the news does not hit the masses. We need as many people as possible to push the company to use another means of distributing news. Everyone email IR and the company telling them to do so.
I am a long with almost a half a million shares
Spoke with John at IR. The company is working on the last steps of the acquisition and CONFIDENT it will close BEFORE the 31st!
Now it makes sense why funds keep dragging it down to acquire more shares.
Emailed IR to see if there is any progress to the building acquisitions supposedly to close in the next few weeks. Will post answer when I get one.
this stock will not do jack crap until the AS is reduced to 100MM
AS I SAID YESERDAY IT TAKES A REDUCTION IN THE AVAILABLE SHARES DOWN TO 100MM OR CLOSE TO IT...VERY CLOSE TO IT
Yes I told him yesterday as well along with a note to pass along to the company to reduce the AS considerably. With 2 firms backing us now coupled with a small AS (if they reduce it) would push this well past all time highs.
I also emailed him this morning for an investor update pr...to inform us how the building acquisitions are going and what progress is being made on medican nations. there is enough for them to put out a progress report, lets see if they do so. perhaps everyone on here can ask for a progress report PR as well AND ALSO ASK FOR A REDUCTION IN THE A/S down to 100MM.
You all will thank me later if Ken does it!!!
Yes it was an awesome run. I had my eye on that run last time and noticed why it ran. We have a ton of flippers at the moment and longs that sell for small profits here and there so it is hindering things for the moment. Once it breaks out it should be nice for all of us
Amature hour is just about over. BlackgBridge/BlackRidge nonsense to scare is almost over as well. I expect a climb shortly
If we had an update right about now from the company, sort of like a progress report on how the building acquisitions were going this would help immensely. I emailed John at IR and suggested but lets see what happens.