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slap dat ask and we could see 003 by the end of the day ;)
hahaha - still a very low O/S for the share price - Most MJ stocks are over a billion, trading at much higher prices...
ahhh, that makes more sense! lol I overlooked the date and recent volume... were there any convertible notes issued to account for the recent dumping? anyone know the actual A/S??
Its actually only 60M if the SEC filing and info on Fidelity are accurate...
Fidelity is actually only showing 60,111,000 for outstanding shares which makes my previous assessment wrong, and much more appealing at the same time!
I had just assumed their share count wasn't current, but the 13g seems to confirm it...
each of the three got six million making roughly 18 million common shares 9.99%, which makes the O/S approx 180 million. - sounds about right. If that's the case, getting shares at .001 could be the steal of a lifetime if the properties close and MDCN runs hard...
maybe .10+ isn't so far fetched after all!
we'll find out soon... I expect good results and will probably wish I had loaded more under .50!
It says letter of intent was cancelled and deposit was returned to Medican - this is by no means an official statement from MDCN, but it makes you wonder why microcapdaily would write it...
yeah, looks like this seadonkey turd is sinking to the bottom of the ocean. maybe another fluff PR about filing a patent application will generate enough interest to dump my shares at only a moderate loss lol
looks like the property deal might be dead? maybe MDCN execs will just pay themselves another huge salary with the money instead...
http://www.microcapdaily.com/trading-insights-on-medican-enterprises-inc-otcmktsmdcn/19806/
nobody wants shares when the price just goes straight down... MDCN lost the value investors looking for the bottom when all support fell out... the money trading here is peanuts so hopefully the property deals will bring in some new investors
MDCN needs to get the deal done now, not wait til the last minute...
please explain how MDCN has lost 99% of it's value in the last year. also explain how these bargain shares keep falling like a turd to the bottom of the sea... I'm holding a large position but am tired of watching the BS unfold every day! Good volume and the PPS drops two points. I won't buy again til I see the price break through 0015 - if it does, we're looking at .005-.01 short term. - we need to see the price climb before the PR, or everyone will think they missed the boat once the price first jumps on property deals, which could limit the upside
if the trend continues, we're looking at .0003/4 by Friday.
maybe management doesn't care, but a PR is needed to stop the bleeding...
MDW - http://ih.advfn.com/p.php?pid=nmona&article=65710992
my pick to double in the next 15 days...
MDW primed to explode - http://ih.advfn.com/p.php?pid=nmona&article=65710992
best value play is MDW - legit company with first gold production in about a week...
http://ih.advfn.com/p.php?pid=nmona&article=65710992
MDW - 50+% bounce on first gold production end of this month...
http://ih.advfn.com/p.php?pid=nmona&article=65710992
no clue, but I expect we'll get a forecast for the April/May pours in the press release regarding the first one. The last PR stated that the following pours would be impressive. Any amount other than none should give the stock price a nice bounce...
anyone here holding over 10M shares? just curious.
MDW severely oversold - first gold production this month
http://finance.yahoo.com/news/construction-pan-gold-project-nears-233000219.html
does anyone here think MDW won't climb back past $1 with the current share structure if production goes as expected over the next two months? Seems like a good bet to get 3x the current share price as long as some gold bars start flowing out of Pan...
they'll RS if the volume dies down and they aren't able to dilute. I imagine that won't happen since the price will skyrocket soon and they can unload into the run back to .01+
I got nervous and sold at .51 but am watching for another entry. I like MCP long term from these levels, assuming they don't wipe out common shareholders before getting things back on track financially...
this is what their website says...
http://www.medicaninc.com/2015/02/25/medican-enterprises-announces-zoning-approval-for-marijuana-business-operations-in-67000-square-foot-arizona-property/
two buildings on the same property?
I want to see $1 - Go MCET! $$$$
don't get me wrong, I think MDCN can make us rich from these levels, I just wish they'd wait to dilute or use convertibles at a higher PPS...
I'm thinking .015-.03 after they announce the property has closed.
.03-.2 if they get a fat leasing agreement from a licensed grower.
.20-1.50 if they can repeat that formula at multiple properties...
my bad. thought you were a different pumper.
this was your first post though...
Cerp Wednesday, 03/11/15 01:01:37 PM
Re: None
Post # of 3221
Huge dilution going. It might hit $.0007 by end of next week.
looks like you were right all along. lol
I'm still holding more shares than most here, but your endless pumping while MDCN skids down to nothing is just ignoring the facts. large block sells have killed any momentum MDCN has had for the last month and it's right there in the charts. obviously there are plenty of shares at whatever price to dish out... I remember you saying .0025 were bargain shares and where is the PPS now??
I'm long MDCN and think .01+ is possible, but only if the property deal goes through. if not, we'll see 0001 and RS
MMs trying to trigger stop loss orders before the news at the end of the month. my guess is that they're loading cheap shares unless someone knows what else is causing this continued skid...
manipulation or not, we'll be looking at 0005s soon without a PR about the property
I agree with your assessment, but it will take some follow up PRs to get the volume moving again...
to tha moon! lolol
no manipulation needed with an endless supply for dilution! .2 billion sold, 4 billion to go...
4 billion+ O/S = .0001/2 til they RS and get back to something that's at least not laughable for a share structure. The few million shares I hold from 0006/7 are just a stain on my portfolio at this point...
maybe 5 more PRs about applying for patents will get the PPS to jump again lol
which is the bigger P&D Oxis or MCET?