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Yes the R/S shares I have from that split are the most expensive I own at .05 I was in this at .005 and the crazy thing is that's exactly where I'm averaged down too right now .005! So another R/S and I could end up with .50 pps? Man I hope not. That last R/S sucked! Didn't accomplish anything for MDCN or the shareholders? Hey but the shorts loved it!
Winters Recent Posts on Conversion??
Winters Wednesday, July 01, 2015 3:01:34 PM
Re: Green n Gold post# 19101 Post # of 20467
I've heard nothing back from Jay Fang, principle over at Eastmore. I do know this is a popular week for the rich to take a vacation - hence why we're all still working lol
Winters Tuesday, June 30, 2015 4:44:38 PM
Re: pepicek post# 18912 Post # of 20467
Nice job Pep - last conversion just came in for that $8k - 36,085,754 shares, balance is zero.
One active note left of $48k and they haven't converted and my offer is still out to repay.
So, last 2-3 days they got their low spike for the conversion price, I expect selling (unless they're covering). I'm sure the educated out there can see how this played out.
All IMO
Brian
8 Health Benefits of Drinking Wine
BY
Christine Quinlan
Every year, there is a flurry of headlines about the health benefits of wine. But can drinking wine really make a difference? Here, the news—very good news, indeed—from the latest studies. Note: The health benefits come from moderate wine consumption, defined by the American Heart Association as one to two four-ounce glasses a day.
http://www.foodandwine.com/articles/8-health-benefits-of-drinking-wine
I was certainly glad I was able to load up on bunch of cheapies. I made good money on LIBE when ran up a little over .01. Real good to be back in at this level! No brainer?
Historical Short Selling Data For MDCN??
Date VolShorted ShortVol RegularVol
Jul 10 89.40% 187,255,395 209,446,993
Homebrew Beer$$Money awaits your comment on my El Encanto Vineyards, Post & I'm surprised you did not pick up on the irony of El Encanto as in so far MDCN canto do anything?
Wine is huge in New Mexico
http://nmwine.com/
El Encanto Vineyards, A Newealth US Company (the “Company” or “El Encanto”) is newly organized to launch a premium wine brand to be known as “El Encanto”. The vineyard will be an integral part of the fully platted community of Rancho Hidalgo (the “Ranch”) located in Animas, Hidalgo County, New Mexico. The first 200 acres of a planned 400-acre vineyard (the “Property”, the “Vineyard”) will be cultivated in the coming spring of 2016. The grape vines necessary for the first 200 acres of the vineyard will soon be on order from California Cal Western Nursery. Once planted, these grape vines will reach 60% production in year three and full production by year five. At full capacity these 200 acres of grapes will produce approximately 900,000 bottles of wine (4,500 bottles per acre) per year. These vines will not only produce excellent vintages at the hands of our master vintner, but the vineyard will enhance the extraordinary vistas and serve as a focal point for the Rancho Hidalgo community.
Most people are surprised to hear of wine made in New Mexico. Ironically enough, New Mexico is the first location in the US where grapes were cultivated and made into wine. In 1629, a Franciscan friar first cultivated grapes for sacramental wine purposes and thus was born the wine industry in New Mexico, predating that of California by 140 years!
The Property is perfect for grape cultivation. The land lies at approximately 4,600 feet above sea level. The soil consistency is well suited for grapes and contains excellent levels of critical nutrients. The high altitude, warm day-time temperatures and cool high-desert nights are perfect for grape-ripening, with average summer highs of
95°F and night-time temperatures in the low 60’s. Most importantly, the Ranch’s 725 acres of water rights and geothermal wells ensure abundant water supplies at water temperatures sufficient to eliminate any potential frost threat.
El Encanto Vineyards will be managed under the direction of Anthony Silveira & St. Clair Winery. Herve Lescombes, founder and Master Winemaker, www.stclairwinery.com/st-clair-winery-vineyard . St. Clair winery is a fifth generation, international award-winning, French family owned and operated winery and vineyards, with more than 30 years of wine-making experience in New Mexico. They currently own one of the largest vineyards in the State of New Mexico, with more than 300 acres of grapes under cultivation.
Vineyard Director, Anthony Silveira, will be the exclusive grower and vineyard manager and has thirty years of agricultural management experience, and fifteen years working in conjunction with Lescombes.
Working in partnership with St. Clair Winery and Anthony Silveira will not only provide the necessary expertise needed to ensure a world class vineyard operation, but it also allows investors immediate opportunity to taste, bottle, label and distribute similar vintages to that which shall be produced at El Encanto. As noted earlier, St. Clair Winery maintains 300 acres of grapes only 20 miles away located in a microclimate virtually identical to that of Rancho Hidalgo. Since the grapes will be identical in soil and climate and the winemaker is the same, the wines produced by El Encanto shall closely resemble those now produced at St. Clair. One bright note on this subject is that according to Mr. Lescombes, the soil quality at El Encanto is superior to his own at St Clair in Deming. This being the case, it is reasonable to presume that El Encanto’s wines have the potential to be even more extraordinary than the award-winning wines now produced at St. Clair.
The 200-acres of grapes include two red varietals, those necessary to produce cabernet sauvignon and merlot, and two white varietals, necessary for the production of sauvignon blanc and chardonnay. Ultimately, El Encanto plans to offer a wide variety of both reds and whites. Reds will range from Cabernet Sauvignon, Shiraz, Petite Sirah, Merlot, Zinfandel, and Sangiovese. Whites will range from Chardonnay, Pinot Grigio, Sauvignon Banc, and Malvasia Bianca. El Encanto’s wines will have a target per bottle average price point of $15 to $25.
The trends and positive market forces in the wine industry have rarely been as fortuitous as they are today. During the five years between 2001 and 2006, US wine consumption increased by a whopping 25%! And, despite the faltering economy, the US wine market continues to soar as premium wine consumption experiences ongoing growth. During the last five years, sales of wine priced at or above $25 per bottle have risen by nearly 21% per year.
Baby Boomers are the largest segment of the core wine consuming population and they continue to drink more and more wine as they age. This is due largely to the continuing widely reported health benefits of wine which Baby Boomers have taken to heart (no pun intended!). Not as widely known, but a point El Encanto intends to promote, high altitude wines such as ours offer the greatest health benefits of any wine due to the higher concentration of antioxidants found in grapes grown at high altitudes. In addition, Boomers not only like to drink wine, but are also the driving force in the increasing popularity of Vineyard Communities like Rancho Hidalgo. The promotion of Rancho Hidalgo as a Vineyard Community will offer El Encanto a unique way to build brand awareness for its wine, one rarely available when launching a new wine brand.
The Baby Boomers aren’t the only market segment with a love of the grape. The 70 million strong “Eco-Boom” generation, known as the Millenials, is the first generation to prefer wine over beer and spirits. Millenials offer the wine industry the kind of growth potential unseen in 30 years.
El Encanto is destined to be an exclusive, boutique vineyard which allows its investors to take an active role in creating their own vintages, as well as developing vintages for sale in the broader market. Our distribution plan will include primarily direct sales via the internet, sales to restaurants in the US, targeting Arizona and New Mexico, and on-site sales to residents and visitors of Rancho Hidalgo.
He says he will be shipping wine in 60 days?
From PR:.” In the meantime, Moscato will be available from comparable local Newealth licensed vineyards for distribution in 60 days sporting the Medican brand. ???
Then again he has said many things were going to happen that never did?
Ok they just filled my order!
They aren't letting us buy any shares. I put an order in through ETrade this morning at .0001 for 5 mil. Has not filled?
Where I sit now I only needed to get to.00075 to break even! MM's grabbing some cheap shares and are the only one's making money on this BS.
Ok that's a real possibility? But the conversion would be dumping in excess of 10 billion shares to get his $million back plus interest! But that would also explain why Ken had to up the A/S. But it is complete BS that stockholders have to guess at "what is going down?"
Well Beyond stupidity! Looks like he'll dump a billion today for $100K? What's the definition of insanity You keep doing the same thing over & over again & expect different results! I was going to load a bunch more 2's today but I'm starting think we might see .0001 soon. Something needs to slow his dumping?
I think I figured out why Ken needed to authorize 30 billion shares? He needed to raise $3 million by selling 30 billion!
400 million dump late today for $80k & some change I remember not long ago that was the Float!!!
Yes & I'm sure you could run a company better than these amateurs!
Wow with that dump Ken got 1/2 his pay! $80,600 He traded 400 million shares for $80K WTF The Pot at his wellness center will probably be free!
Maybe we should start guessing the O/S is closer to 4 billion now?
30,000,000,000> Thirty Billion is the A/S
Even the Ihub quote for O/S is 134.80 mil Do I think that is accurate No. Down here in penny land you have to be responsible for doing your own math? Lots of smoke & mirrors cloud the reality!
Its really a sad pathetic situation with the amount of information we are due? Its one of the easiest things for even a 1 person corporation to perform. Provide your shareholders with current information? The only current news we have is "I'm moving back home & thinking about opening a wellness center now? The day before he informed us of the "going back home news" he filed an amendment with NV Sec of State increasing the A/S to 30 Billion! We had to here that from dholmes (thanks for paying attention "d")Would be nice news to know that he paid that conversion?
Thanks Dholmes I clearly see that from the Nevada filling but us/the shareholders should have received an 8k notification of the increase from 10 billion to 30 billion?
To Clarify dholmes791 clarification the 30 Billion is Kens voting rights from the Preferred Shares he issued himself. It is not the A/S.
The A/S is 10 billion.
"Sorry, to clarify, 30 billion A/S"
On June 12, 2015, the Company issued 5,000,000 shares of preferred stock. Each preferred share has a vote equal to 10,000 shares of common stock. Ken Williams, the Company’s CEO, holds 3,000,000 shares of the Company’s preferred stock. Edwin S. Jang, LLC holds 1,510,000 shares of the Company’s preferred stock.
We are in the dark about current OS count?
On June 15, 2015, the Company amended its Articles of Incorporation to raise the number of authorized common shares to ten billion shares.
I don't think we will see .0001 that we can buy retail? But what do I know! I'm in this stinking MDCN mess throwing more Beer$$Money into it trying to salvage a trade by averaging down to a number I think it has a chance to get too? But again what do I know?
Totally Hemp Crazy THCZ
Remember that other MJ stock that ran up to .30 & with the skull & crossbones label? We are still in this the game! Just not as much fun as it use to be.
Well ETrade took my 2.6 mil order this morning? Has anyone seen this happen in the past?
Given the track record of Ken & his Medican Enterprise it is difficult to say what his true intentions are? I agree that he has his Homeboy connections in MI but it does not look like much of an MJ Market currently? I hope that he continues to pursue the Canadian MJ market with JV's? It's currently just a more friendly larger market to be in.
I have continued to average down buying these cheap .0002's as Beer$$Money permits! I only need to get out of the trips to be green now!
1,632,000,000+ shares on the Bid?
Me too!
I'm not loosing my Beer$$Money!
328,040,722 before lunch!
Michigan Republicans are pushing for legalizing pot
http://www.freep.com/story/opinion/columnists/brian-dickerson/2015/06/06/republican-marijuana-advocates/28575287/
Detroit Free Press Columnist 11:26 p.m. EDT June 6, 2015
Michigan's November 2016 ballot
Michigan voters will likely get to pick next year from at least two rival legalization proposals. Interestingly, both of the ballot committees organized to date are backed by campaign strategists with deep roots in the state's Republican mainstream — another indication of how quickly the cause of legal cannabis has morphed from counter-culture pipe dream to free-market poster child.
Even if champions of legalization get their way, Michigan would scarcely be a trendsetter. Ohioans could vote as early as this November to join Colorado, Washington, Oregon, Alaska and the District of Columbia in decriminalizing the sale, use and possession of marijuana for recreational use. Legalization initiatives appear likely to be on the ballot in at least a dozen additional states, including Michigan, the following November.
The first of two ballot committees hoping to place legalization measures on Michigan's November 2016 ballot will submit petition language to the State Board of Canvassers this Thursday. Matt Marsden, a spokesman for the Michigan Cannabis Coalition, says his group hired "the best signature-collection firm in the country" to begin circulating petitions at outdoor markets and other public venues as early as next Saturday
Michigan Legislators and Canadian Cannabis:
A Love Story 11 Feb, 2015
Rep. Michael Callton tells about the Canadian marijuana distribution system and how those players are wielding influence among Lansing legislators to turn Michigan into Manitoba South.
by Rick Thompson/February 11, 2015
LANSING- When it comes to lobbyists hawking Canadian companies and their interests in Michigan’s potential pot market, Rep. Michael Callton’s not mincing words.
“There are a couple of Canadian companies that are (medical marijuana) providers for the country of Canada with very large central grows that have got their eye on us over here. They’ve talked to legislators. They’ve talked to me,” he said during the February 5th broadcast of the Planet Green Trees Radio Show, featuring hosts Michael Komorn, Rick Thompson and Jamie Lowell.
At issue is the nature of the supply base in Michigan’s medical marijuana marketplace. Currently any legal medical marijuana growing operation in the state cannot exceed 72 plants, but that model is a poor way for business interests to make serious money growing and selling cannabis to the state’s sick and disabled. The state has approx. 120,000 registered patients and 20,000 Michigan residents called caregivers who are licensed and registered to grow cannabis on their behalf.
Consequently, business interests from around the United States and Canada are lining up to push Lansing legislators to allow mega-sized ‘central grow’ operations containing thousands of marijuana plants, which would be licensed by a select few. Interests have spent hundreds of thousands of dollars to influence Michigan legislators, and Prairie Plant Systems even flew a cadre of lawmakers to a Canadian mega-marijuana growing operation.
Check Out Legal Podcasts at Blog Talk Radio with PlanetGreenTrees on BlogTalkRadio
“I do know there are some other legislators writing bills on behalf of some other interests that are interested in ‘central grow,’ but my bill is designed to take the marijuana, to buy it from the caregiver,” Callton said.
His bill is known as the Provisioning Centers Act- formerly referred to by House designation HB 4271. Callton is re-introducing his bill for the 2015-16 legislative session during a press conference on Thursday. Who supplies the marijuana sold by the state’s current 150+ semi-legal dispensaries- and the state-sanctioned Provisioning Centers that Callton’s bill would create- is the bone of contention between state-based patient organizations and Lansing lobbyists, including Chuck Perricone and GCSI’s Ken Cole.
Perricone represents giant agribusiness entity Prairie Plant Systems from Canada, who successfully pushed the Michigan legislature to pass the Pharmaceutical Grade Marihuana Act in 2013. The bill was expedited through the legislature in a lightning-fast three months thanks to its well-connected pair of sponsors, former Senators Roger Kahn and past Senate Majority Leader Randy Richardville.
Once marijuana is federally removed from Schedule 1 of the Controlled Substances List, the Pharmaceutical Grade Marihuana Act would create a whole new system of marijuana growing and selling in Michigan that utilizes ‘central grow’-style mega pot plantations and Walmart/Rite-Aid type big box pharmacies for distribution.
The whole concept of outsourcing pot growing to foreign interests is the opposite approach from the Provisioning Centers Act. “In my bill,” Callton explained, “it is the intention that (distribution centers) buy their supply as overages from the caregivers. The Provisioning Center is supplied by overage.”
Overage is the term used to describe the excess pot created by Michigan residents who qualify to become licensed and registered medical marijuana producers. “A caregiver can grow up to twelve plants for each patient,” Jamie Lowell explained. “If that garden produces more than the patient needs, the caregiver can bring it to a distribution center for use by other patients. Without this system the overages would be diverted into a system that supports the black market and unregistered marijuana users.” The current system in use by dispensaries all across Michigan is to acquire cannabis through the caregiver network, a program that has worked successfully since the medical marijuana program was written into law more than five years ago.
Callton outed the Canadians as manipulating the Michigan legislature to achieve a market advantage. Case in point: The Pharmaceutical Grade Marihuana Act, formerly known as Senate Bill 660.
“All Senate Bill 660 did was, in the case that marijuana comes off Schedule 1, then it defined a type of product called medical-grade marijuana and what the specifications of that were. This was put forward by Prairie Plant Systems and their lobbyist,” Callton explained. “They did want to compete in that market, and their product would be more expensive. They didn’t want others calling their marijuana medical grade marijuana if it did not reach these specifications, because it would be more expensive.”
This information came from first-hand knowledge. “I had a good talk with them. They thought they could compete for 20% of the market approximately based on what they saw in Canada. If there was an open market system, that 20% of the market would pay extra to have this (pharmaceutical) grade. They just wanted to protect the qualifications of that grade so that other growers who weren’t growing at that grade weren’t saying they had medical grade and selling it for (a lower price).”
Senate Bill 660, and the Public Act that came from it, was a thick proposal that articulated permissions for a range of activity which would be protected from prosecution by state authorities and federal agents as well. “It was more than just creating the definition of pharmaceutical-grade cannabis. It envisioned an entire procedure where it was cultivated and distributed. It was a very broad act,” Rick Thompson reminded the Representative and the listeners.
“Over in Canada the growers I have met with, basically they have very large grows and they distribute through courier,” Callton said. “They don’t have Provisioning Centers.” Callton describing the Canadian model of medical marijuana government regulation that includes cannabis stored in warehouses, zapped with radiation and then delivered via UPS or Fed Ex to patients nationwide.
Michigan’s Pharmaceutical Grade Marihuana Act requires all marijuana distributed via that program to be irradiated prior to sale and consumption by patients, a provision that many advocates detest.
The company has been selling shares since the reverse split. Its called dilution! In our case serious dilution:(
Well in terms of assets they do have some cash now and I agree we can only speculate how many millions they have? They have been dumping shares since the split and we know its more than a billion shares maybe 2 bil by now. WTFKs? So they have some cash? But the Quarterly 10q is do out soon and we will know then how much Beer$$Money they have to play with? That's before your next two month rinse & repeat.
Hey Homebrew looks like its just me & you this afternoon? I can understand how easy it is scam shareholders as we always seem to hold out hope once we have some cash in the game. But how do you con a M&A pro into a con game. Paul Khan has to think he can move this forward or it would not be worth his time? He can't be doing it for the current PPS?
Mergers and Acquisitions?
Simple math on PPS dilution?