Medican Enterprises Inc (MDCN)

[Leafsno4]

No I do not. The stock was already beaten down when the reverse split was announced. They are doing that because of the tens of millions of shares that were introduced to the market due to the convertible notes that have matured and were cashed in.

I feel they are trying to separate themselves from "penny land" and other "pretenders" as much as possible. If the reverse split makes it harder for day traders to flip and brings more long term investment into the stock, I support it.