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.
Yea... Our cash.
Word Around the block is he's supporting his crew's babies mama's, paying their child support with our money cause right now times are tough on the streets. Trapping gets harder when weed gets legal, all you gotta do now is walk into a shop to get the goods instead of your local street thug on th corner.
Ken's flexing his fat boy muscles because he knows he's Michigan's #1 trapper.
Way to go Ken. You made it.
After looking at most of these MJ stocks, they all seem to be garbage that literally all do the same thing. Get investors to believe, then crush them. It's messed up how they take money. I'm not whining as no one made me invest my money here, but I really didn't believe it was going to go to .0001 a couple months back. Sad situation.
It's frustrating because it really is apparent the the Market Manipulators run the show. On every one of these damn stocks.
To think, it was only the end of May when John Loren was on a radio station boasting the stock. He did mention the stock traded on the Nasdaq though, which was a lie. Fast forward a month and a week. John's gone, the company lost all AZ acquisitions, company address moved to a state no one knew was legal... and the icing on the cake, down 93% instead of 20%...
Funny how so much can change in such little time, huh?
That happened to me with NEWL, another disaster. Anyways I have Sharebuilder, after 2 halts and a trip to the grays, they stopped letting me buy to "protect me". LOL
I have a feeling MDCN will share the same fate. Ugh.
I think they'll run it before another R/S. 2500% 3 day run will bring us to .005 then the R/S IMO. I don't care at this point. I'm done C/A, refuse to put more money to support a company who wants to screw us. I'll hold and either wait for a run and sell all or wait for the company to fold. Bottom line, I've counted my money out.. Staying hopeful for a run, but reality is telling me there is no way for them to get back to .01. Either way, at .0001-.0002 what is there too sell at this point.
Honestly, at this point. Your guess is as good as mine.
Good!!! Malvern and the rest of the crew must still be on vacation ;)
Yup. You and me!!!
Lol :)
This blows.
I apologize as I did not see this. Appreciate the link.
Ahh, Foot in mouth over here.
Thanks for the link.
There was no PR today. The articles which came out yesterday, which I personally read only 2 of them (I didn't see anymore when searching last night and didn't look today, nor care) were not from the company. A PR is an official statement of facts that the company authorizes to release to its shareholder, good news or bad. So again. I did not see any official PR today or yesterday to back up either of those articles.
Unless you can provide the link to the PR "that's out today", but yet doesn't happen to be on yahoo or their website I'd be very interested too see it.
Medi'can't pull through :P
I agree, I'm curious to see their financials.
People need to take all of this negative speculation on this board with a grain of salt. The company is still full steam ahead. Cannacamp is not and was not their only thing they have going for them. Plus, let's hear from the company itself. Have a good weekend folks.
Wait, this is the article people are freaking out about??? After there was a similar article out last weekend, but then we got a reassuring PR from Joel saying the original location did fall through but they secured another.
People need to relax until THE COMPANY issues a official statement about this. According to the last PR, "Mr. Schneider also announced, "that despite rumors Cannacamp will proceed, we have had a huge response to our initial announcement, and despite the fact it will not be hosted at the original sight our partner has secured a new location to host Cannacamp, which is more representative of the experience we are trying to create and we will begin accepting reservations immediately."
Plus, there is going to be a new B&B opening on the 15th of this month which should fair positive for investors. This is all just my opinion and outlook on the matter, but either way, I'm not concerned. Joel will continue to make move. The locations of the existing B&B's do exist. Joel is not fake. Neither is the company. The guy seems to me as a move maker and is going to do whatever he can to expand his dream, which is having bud friendly locations throughout the country. Oregon is IMO an interesting state to think about expansion as well, but time will tell with that.
GLTA
Next time I'll try and lay off the sarcasm ;)
hah
Do I see green...? Nooooo Way! Someone wake me up. Lol.
Ok, I've just been too lazy to look it up myself, I will get there, lol. I've heard many different things...
Patience is definitely the name of the game, I understand that.. Speculation is all we have though when a company stays silent for so long. The shareholders update yesterday, was, well dismal, but at least we got an update..
I don't know if I will get my money back, if I don't, will it suck? Yeah, who likes losing money? That is the risk we take on the pennies though and again, that I understand. No one put a gun to my head and said "INVEST IN MDCN!". Hah. All I know is frustration and speculation is all we have when a company stays so quiet. I'm in a few others, GRNH, MJMJ, USMJ to name a couple and it seems so night and day how they handle their shareholders compared to Medican. I'm in it for the long haul though.
Don't mean to come off as a complainer just voicing frustrations with others who are in the same boat. :)
Oh yeah, for sure. And if you are on the sidelines it can be an interesting one to keep an eye on because if they can fix what they F'ed up, there really is only one direction from the general area of the PPS as is. With that said, right now, IDK if I'd touch MDCN with a ten foot pole until there was a solid update that the company is really moving forward.
What really sucks is the dedication on the solid DD that was gathered by you, d, and others including myself, "know your investment they say", well we all thought we did and we got spit in the face by the CEO who apparently entrusted the wrong people. But the bottom line is Ken is the CEO. This is his fault because all n all the company is his responsibility.
Hope is all you can hold onto when your investment is down 95% :/
Hopefully ken can make something out of Michigan. I still think they're gonna get downgraded to pinks without another RS soon, I don't know how close they can do a RS in a short period of time though. Jeeze. Idk what to think about them at this point.
Quality bud is not grown outdoors. Not saying you can't get good bud from and outdoor grow. But indoor is better quality aka better sale quality. Name me a big cultivator growing outdoor selling too dispensaries other than Cali where it barley rains.
No way in hell he's financing or backing any outdoor cultivations in Michigan.
We just got a PR 2 days ago, what makes you think they'll put another out today (not saying they can't or won't), just wondering why you think this..
It's not that bro, people have just been burned though.. People have every right to question on whether he will close because of past history. We certainly can profit, not saying that. Also, I can't speak for others, but I said after the past 8k that there was no way he was closing on anything in near term after the other deals fell through, otherwise it would be a rushed deal. For what? To accommodate shareholders because they're unhappy? No, he's going to take the business approach. While so many are on here playing day by day, that's not how business works. It takes time to set deals. BUT, there will still be that question in the back of peoples minds that "is this for real".
We shall wait and see, but as I stated before. It certainly is pleasant to get an update from Ken. Let's see how it goes from here :)
"For this move to Michigan, we plan to purchase a building in Ypsilanti that is already zoned appropriately for our business. We will update investors as we move forward on this. In the location we have chosen we plan to create a wellness center that will operate as a dispensary and will have a wellness center for professionals to consult with their patients. “We are very excited about closing on this project. We believe we will be closing shortly and the possibilities to extend our brand in Michigan are tremendous”, stated Mr. Williams."
Plan to purchase is the key phrase. Although I am excited I'm not keeping my hope up as I'm staying even keel because they planned to purchase AZ properties also. But hey, at least we got the update, today. Good cal mal.
IDK if there's any significance here, but back in March when they ran, it was flat for a full trading week before it shot up. Today goes into day 5 of MDCN staying flat-lined. Just a thought.
Do you know when it's supposed to open?
Honestly I'm more curious about Oregon going legal tomorrow. When Colorado went legal GRNH rose from .04->1.2 in like 5 trading days. I'm not sure how it'll affect it though. From what I read people can legally grow starting tomorrow, but they won't be handing out applications for cultivation centers and dispensaries until early 2016, claiming most dispensaries won't be open until Fall of 2016. Who knows how exiting tomorrow will be, but it's interesting to think about.
Just so everyone knows. Oregon is recreation legalization starts tomorrow. That is exciting news and an interesting market. I just read an article about this. Not sure if Ken will try and enter the Oregon market, but one can only know... Reference below.
http://time.com/money/3938535/free-marijuana-oregon-portland/
Well that would be a more positive PR. Something we haven't seen from them in a bit. lol
So what does that mean for tomorrow? We're F'ed?
Yeah man, I'm pretty excited about my entry point. Let's see what's to come!
IDK Mal. I see them being dropped to pinks at the bare minimum at this point. They have to gain from here, 3334% to get above .01... Not saying it can't happen but Ken really seems to have screwed things up. He doesn't update the people who finance his operation, it's shot. Who knows other than straight speculation that he has something in the works right now. The only thing specific we got from them was from the last 8k which mentioned "Michigan". Let's see what happens there I guess. On top of that they might try and pull another R/S (IDK how many times they can do it in a short period of time). I'd be happy if they could close a non BS, serious deal that will increase their value quick, because look at the last 2 PR's they release, did nothing for the PPS, everyone called them garbage deals, which in the long run they're not because, hey it's something they got done.. I refuse to buy back in and C/A down anymore, I'm holding at .0026. I'd be happy if they could at the least get it up to .0050 to try and take some profits, even less. I'm holding though. Trying to keep some sort of faith they'll get something done, but it needs to be real beefy.
When does it open?
Sweet. Thanks for that update.
Damn..
Nothing left to do but be optimistic.
I don't believe he works for them anymore.
That was literally my exact thought after reading you last post about TWYNS..
They should be generating revenue off that since last quarter you would think, right?
All these buys!!! No gains!! lol this show is getting boring :/