Medican Enterprises Inc (MDCN)

[BeamMeUpScotty]

Exactly, company said it wouldn't do a reverse split unless the share price got to ten cents so proceeded to announce the reverse split at just about 2.5 cents was it? Something like that, then, yes everyone guessed it, diluted the crap out of it to carry on paying themselves ridiculous salaries when they have not even been able to close their FIRST land deal in more than six months.

Are they on the third or the fourth extension now? I loose track of these things! lol

No doubt they will finally sign the deal in December and there will be freak weather conditions and it will snow on the land all winter then they wont be able to plant anything till next March - by which time, they will have had another two more reverse splits!

Truly not the way to run a listed company - unless the only thing that you're really interested in ..... is milking the company for all its worth and paying yourself a huge salary for not even being able to close your first deal in six months!