Medican Enterprises Inc (MDCN)

[BeamMeUpScotty]

Sorry but your logic, is not logical. A company files a press release stating that they are extending negotiations - BECAUSE they still can't agree on something, no doubt the exact same thing they've not been able to agree on all these months.

Why can't they agree - in negotiating terms it's simple. They are either splitting hairs over EVERY SINGLE LITTLE thing you can possibly imagine.

Or, alternatively, there's some VERY big sticking point in which neither party is willing to compromise on and move or adjust its position or negotiating stance.

That's why they filed yet another extension because they Just can't get the deal signed by moving to a mutually acceptable position for both parties.

Otherwise they would not have filled that press release and after SEVERAL months of negotiations, they'd have released news saying they'd signed the deal. It's truly that simple and elementary.

Wait another month or so when they finally put out a press release, (which is what I'm expecting them to do) stating the deal is off.

Then they can start paying themselves those huge salaries for extremely inefficient inability to even sign one deal.

Come back in a couple of years, that will be how long it will take them to sign this or the next one if there ever is one.

That's why you EXTEND negotiations - because you can't agree, NOT because you're about to announce the deal is done!