Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looking for a slow steady climb to .05 into mid week when 10k and news of acquisitions will be announced. After that a 25 bagger minimum putting this WELL INTO DOLLAR LAND. MDCN will be a monster!!!!
Seems IR and Ken Williams are VERY tight lipped these days. I think it is simply because news is coming as well as the 10K and they do not want to divulge what is in either of the announcements so they just keep to themselves. That is why we get a very general statement when asked from IR. We waited this long, another few days wont matter. Let the shorts and flippers work .0001 of a penny, I am holding for MAJOR gains.
Nice update
FROM IR
Hi John
I don't have any updates but would expect separate news releases when ready on the property acquisitions and I know they are working on the 10K.
That's all I have for now but things are happening.
Kind regards,
John
According to IR this morning:
Deal is done
Crafting PR of deal details
Completing the 10K
.25 - .30 next week
Smart money is going to ride this to $5.00 - $10 and beyond. Yes, that means a longer term hold but that is where MDCN is headed even with a Billion shares out there.
.25 to .30 MINIMUM NEXT WEEK
Between 10k (probably good) and dual acquisition closings as well as an update on Medican Nations we are golden.
I expect a steady rise from that point on beyond $1.50 as 30% of GROSS REVENUES from growers will add up substantially and when you put a PE of 15 on top of that fogetaboutit!!!!!
MMJ will legalize nationally on top of that this year which will further add to the 30% GROSS REVENUE.
MDCN headed for NEW ALL TIME HIGHS!!!! The market sees this and has entered in a big way (hundreds of millions of shares) between .008 and .05.
FROM IR MINUTES AGO...
Hi John:
I don't have any updates but would expect separate news releases when ready on the property acquisitions and I know they are working on the 10K.
That's all I have for now but things are happening.
Kind regards,
John
That's right FOR NOW. HOWEVER in the immediate time frame they will be leasing the space(s) to licensed growers and collect rent from the growers, consulting fees from the growers and 30% of the gross. Eventually MDCN will get its own license. WIN WIN WIN either way
Personally I think the CEO and the IR department are idiots. Plain and simple.
HOWEVER. I don't want to give them all that much credit BUT could it be that they are trying to do the following:
April 15th we should expect an updated 10k. Could it be that it is actually good? I guess time will tell but perhaps it is good.
April 15th is supposed to be a national MJ rulling. Could it be that it goes our way?
Maybe they have the deal sealed (being there was no delayed PR) and they are going to announce that on the 15th as well.
I don't hold too much credibility and intelligence with the CEO and the IR department but maybe, just maybe they will prove to me otherwise. Maybe they are trying to announce everything all at once to get a blockbuster hit it out of the park home run that will push this well over a dollar in a very short period of time. And if they do will bring credibility back to MDCN management.
My millions of shares are counting on it.
Yeah a shake out EVERY morning BUT we are not closing green the last several trading days so therefore losing the ability to close with higher lows in tact. This is because smart money is losing faith in the company coming through with the closings or any positive news. The run up was either a promotion to sell shares into or but not likely money buying into anticipation of news on or before 3/31/2015. Since that did not happen I am having doubts now that we have not even heard a peep from the company. I emaild Ken Williams on Linked In multiple times and have not heard a peep back. In my last email I ripped him a new ass hole so maybe that will get his attention. Also IR has no freakin clue other than the script he reads off of in radio programs.
Medican management better get crackin on the updates to shareholders. Without updates and guidance this will drift back to .0007. Real idiots running the ship of a good company
Will sell first wave of my shares at $1.25, next wave at $2.50, next wave at $4.00 and hold the rest to at least $10.00
Big boys and institutions will enter as well and drive this to $5 plus....right onto the Nas!!!
Hundreds upon hundreds upon hundreds upon hundreds of millions of shares were bought in anticipation of the coming news. This will run so high so fast due to the solid base. $1.25 will be a distant view in the rear mirror. Starting to think we revisit all time highs soon
never happen bud
Will open at .25 on morning of news!!!
Medican Video...
Ken Williams (CEO) slarary...
http://www1.salary.com/Kenneth-Williams-Salary-Bonus-Stock-Options-for-MEDICAN-ENTERPRISES-INC.html
10K and Building Acquisition news
let's think about this logically for a second. Medican management must feel that it is beneficial to put the building acquisition on the upcoming 10k that was delayed. I feel that is a given. More so there are rumbles that things are a lot better at Medican recently than we are lead to believe. Perhaps the financials of the 10K will be a lot better coupled with the fact that BOTH building acquisitions will be now included on the 10K along with the asset value, adjusted share structure and reduced debt. All in all we maybe very well be in for a VERY PLEASENT SURPRISE come Thursday when the 10K is released. There will probably be some additional information on Medican Nations and the tribal reservations that Medican is expanding into. On top of that there are to be additional acquistions as well. Credebility will return to Medican and future direction taken a lot more seriously in the coming days. $1.25 plus, here we come.
10,000% run coming based on news and updated financials and other revenue streams we do not know of yet.
Ten Thousand Percent Run in the coming days!!!!
Shorts will cover today and tomorrow for the release of updated yearly financial on Thursday that will probably include the two new properties plus whatever else the company has been working on.
Traders/flippers will exit as well causing true longs and new true long money to come in and bring this to new all time highs in the coming days.
10,000 (yes ten thousand) percent run from these levels in the coming days. WATCH
MDCN will run 400% today and settle up 200%
Company is being quiet as to put together a multi PR news campaign to tout closing of new properties, expand on Indian reservation inquiries, updated yearly report and share structure report. All good news will be flowing from the company that will keep an upward momentum of the PPS in tact well into multiple dollar land territory
HUGE SURGE TODAY!!! .05 to .10 coming by end of day!!!!
MDCN should see a nice upward movement today. Shorts are in need to cover soon, news of closings is currently in the process of being compiled and released. We will have a scenario where many shorts get burned and many that flip are going to have to chase and pay MUCH higher prices to flip, kind of a silly idea to me but hey whatever. I suspect once we get some news then credibility will be burned back into the Medican name, larger investors will step in and bring this back well into multiple dollar land.
That should be this Thursday right? At the latest...
IR just suggested to me that Medican management will put out a PR "When they have everything ready". That sounds to me that they are dotting all "i"'s and crossing all"t"'s and legal is prepping a properly crafted PR.
Yes I see that. It is forming nicely :)
yes and I think that has been happening over the past few weeks. Once we get a stream of steady PR's that are positive and productive with proven revenues we will instantly trade to over $1.00
Mine is around $1.50
Rumors of this hitting $1.00 based on BETTER THAN EXPECTED NEWS are circulating. That is why the big boys are chipping away at it to get in cheap. Truth of the matter is you are NOT going to need many shares to make some serious cash with MDCN. News will more than likely be at 6AM one morning.
From Dimitri Downing at Medican
We are
working day and night to secure deals with tribal entities in the MJ
space, we are well on our way to this objective. You will be pleasantly
surprised. However, due to the nature (privacy) of working in Indian
Country I am not a liberty to share with you those details until the deals
are inked and ground is being broken. I will answer any questions I can
without jeopardizing what we are building.
Thanks for you interest and support,
Demitri Downing
FROM IR MINUTES AGO
Good Day John:
NO NEWS IS GOOD NEWS!
There would not be much point in putting out a news release saying we have no news. Obviously the company is still working on closing the acquisitions and will announce the results when they are complete. MDCN does not put out news releases just to move the price of the shares.
Kind regards,
John
Gapping up already! 100% run today would for a nice starting point for news to be released, good financials to be released in the coming days and shorts to cover in the coming days and federal relaxation that is coming as well. 50 bagger from .05 puts us at $2.50 SHORT TERM
And soon to go up another 5000%+ in the coming weeks
Seems the company is waiting for shorts to cover which will probably push the PPS up ten fold before announcing news. Announce the news ten fold from here and we go up another 50 fold. This will be well into multiple dollar land. Many millionaires are in the making here with MDCN.
The VERY good news here is that the closing must have happened or else Medican management would have put out a PR suggesting another delay or some reason as to why the deal did not go through. The last time they put out a PR suggesting a delay was actually on the day news was expected on the closing. Because we did not get that PR tells me they closed today and are possibly in the middle of drumming up final paperwork and other matters pertaining to closing. With that said I fully expect news within the coming days, perhaps end of week with a PR suggesting keys are in hand and Medican has already started outfitting the space as they see fit. Until then I expect retail and non-resident to continue to buy ultimately pushing the price upward to .05-.10. At time of news I then expect the PPS to surge upward all while building a solid base in the ranges just mentioned. With a pre PR price between .05 and .10 I realistically see a post PPS 10 to 20 bagger putting the PPS between .50 and $2.00.
.03 end of day
$1.00 will happen almost instantly with this tiny share structure. 50 bagger at least within days!!!