Medican Enterprises Inc (MDCN)

[puckhead]

R/S in POS penny land never works out for the investor......

I ask someone to show me one and I will eat crow for dinner....

The difference with MDCN is that usually there is a long pump and dump run going while the company inks up the printing press. They will milk the bag holders until the well runs dry and MM's have naked short sold the stock into the cellar. We have all seen the Grey Market POS stocks that trade a gajillion shares a day at a .0001/.0002 100% spread. MM's love cellar boxes as they double their money on every transaction. They know the FTD's don't mean shit as the company will shrivel up and disappear after a Reverse Split to tighten up the share structure.

Only to rinse and repeat months or years down the road.

This doesn't seem to be the case. There was no P & D unless last springs Media MMJ hype did that for them.

Oh yeah! there's that 54 million dollar loss on the Balance Sheet. WTF is that all about.?
2013 Losses (a cup of coffee spilled at the last board meeting)
2014 Losses (fifty four million dollars) WTF

Anyone who says they make money trading in this market is either very lucky or a liar.