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Shorts still need to cover 20 miilion - 7.5 million = 12.5 million shares TODAY!
30 today!!!
Congrats longs!!!
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Bids rising!!!
Bottom in!
Bottom is 11.
BUY!!!!
Boom!!!!!!!!
50K more at $23!!!!
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Congrats everyone!!!
BUY!!!!
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Big up day!!!!!!!
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Isn't it amazing how folks claim this is over when we have 2 properties closing and no news yet?? Lol.
10K was just fine. What was stated that everyone of us didn't know?
Go back and read the past few week's posts. It's all in there.
Up we go!!!
Agreed, I can't wait for the PR that we know is coming. I'll be pulling many of these posts back up.
Green tomorrow and baggers in route!
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Yup big rebound tomorrow!!!!
I was able to buy a little and I'm well over 1M shares.
2 cents tomorrow!!
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Super thin!!!!
1,000,000 / 15 BID!!!
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You said .0033 would hit this morning! LMAO!!!
2 cents here we come!!!
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Run coming folks!!!! Multi-day runner with the Candle slowly forming on the Daily!!!
Just got 50 more at 14!
Booom!
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They're happening now!
:)
Back up we go!
Dip and rip!
Back to .02 we go.
Thanks for the shares!!!
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Positive-10K In-depth Analysis
This was a better 10K than I was expecting for a company that is still a start-up and recently added New Mexico's governor just a year ago as a director.
This is a start-up company so we all know they aren't generating revenues yet. The unexpected thing about the 10K was the fact that one of their deals will bring in immediately income because there is already someone licensing it.
"On January 20, 2015, the Company entered into a purchase agreement to acquire a 7,200 square foot retail and commercial property in Phoenix, Arizona. The property is currently leased through August 2018 to an Arizona state licensed medical marijuana dispensary. Per the purchase agreement, the lease agreement will be assigned to Medican. The rental amount of the current lease is in excess of $200,000 annually, triple net. The lease provides for two five-year tenant renewal options."
The fact that, the lease will still be attached means that the deal is essentially closed. They have already decided that the remainder on the license contract will be assigned to Medican. This is really good news.
Also, on the debt that company has incurred, it is mostly calculated based off the market price of the shares at the time, hence the company isn't doing that bad at all.
Plus, as we can see, the deal is done on the big property.
"The Contract is set-in" This means that we just have closing left to do, as anyone who has purchased property before, it usually takes a month or more to close escrow.
http://www.loopnet.com/Listing/15609436/3839-N-35th-Avenue-Phoenix-AZ/?MPID=ARZ9MDt3g&SRID=5624699622&tab=Sale-Lease&PgCxtGuid=d23668ae-1ebc-4003-91ac-eeab6c66bccc&PgCxtFLKey=&PgCxtCurFLKey=PropertyRecord&PgCxtDir=Down
At only 0.019 cents a share, this company is still easily undervalued. I'm expecting the price to go up tomorrow. There might be some people trying to short this stock, but it will definitely close up.
Not to mention President Obama's support for reclassification of marijuana is some really great news.
This stock should be bought.
The property received zoning approval in february...
http://www.medicaninc.com/2015/02/25/medican-enterprises-announces-zoning-approval-for-marijuana-business-operations-in-67000-square-foot-arizona-property/
Do your DD folks, MDCN!
WOW!
Breaking: Obama Comes Around, States Full Support Of Medical Marijuana
Thanks for posting!
:)
Where you been?
Welcome!
Yes sir tomorrow will be great!
No doubt!
Where you been hiding?
MMs have a lot of dirty tricks at their disposal. Do you know how to cut theough all their BS? Simple, just hold long and steady. Ignore all the scare tactics. Do not become the dumb money/weak hands.
Great day guys! Got more weak hands out!
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Should be an excited next 40 minutes!
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Squeeze time!!!!
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Did our new boy ever buy his 550K?
Breakthrough 191 and only 25 sits in the way!
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This will finish the day at a HOD so buy this weak ass asks now!!!
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Can you feel it!! $$$$
Yup and looks like they are running out of ammo...
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Lunch just about over.
Increased volume and close at ~.03
Now is the time to BUY!!!!!!!!
Just added 250,500 at 174!
Love it!!!
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I think we stabilize at .05 with news of postponement.
With amazing news .05 and .10 will be distant memories.
There is almost no risk at buying at .02 IMO.