Medican Enterprises Inc (MDCN)

[fxsho2008]

I think an instant pop to .25 to .50 on 10k and news of acquisitions. Forward contracts will push this even higher BECAUSE once the deals are closed the company will gain the respect back from the investment community and will be considered a major authority in the MJ space. Federal approval of medical MJ will also help and aide Medican in spreading its reach across the US and in Canada. The Indian tribe projects that Dimitri Downing is working on will also come to fruition in the coming months (no later than summer time. (I have been in touch with him as well and he is confident on a summertime ground breaking of some sort of development on Indian land. Dimmitri did say he will not PR until a shovel is in the ground. So when you add all of this up I think short term (meaning the next 3-4 months we will see that $1.25 with a solid base formed at .25 - .50 provided by the coming news stories. Longer term I am seeing a reach to all time highs as Medican morphs into a more solid and respected company in the MJ sector. Let's also not forget about the tiny share structure.