MultiCorp International Inc (MCIC)

[jonblair77]

Recent DD for MCIC Migraine Path (All in one Place)

Share Structure
Authorized Shares 1,750,000,000 a/o Nov 01, 2015
Outstanding Share 1,392,887,031 a/o Nov 01, 2015
Float 533,784,228 a/o Nov 01, 2015

They acquired 70% of the patent PRed on 12/17/2013
http://www.marketwired.com/press-release/multicorp-international-inc-acquires-70-ownership-patented-migraine-headache-medication-otc-pink-mcic-1863114.htm

They engaged two firms to help PRed on 3/31/2015
http://www.marketwired.com/press-release/multicorp-international-inc-engages-compass-point-research-collaborate-with-nda-partners-otc-pink-mcic-2005327.htm

They received information on PRE-IND PRed on 1/21/2016
http://www.marketwired.com/press-release/multicorp-international-inc-develop-4-arm-study-emergency-room-clinical-trials-with-otc-pink-mcic-2090074.htm

They announced a new CEO with medical focus on 2/11/2016
http://www.marketwired.com/press-release/multicorp-international-inc-announces-hiring-healthcare-executive-become-new-chief-executive-otc-pink-mcic-2096000.htm

Updated Profile on OTCMarkets
http://www.otcmarkets.com/stock/MCIC/profile

CEO Letter to Shareholders Posted 2/26/2016
http://www.multicorpinternational.com

No form 144 Sales (Ie insider Trading
http://www.investorpoint.com/stock/MCIC-Multicorp+Intl+Inc/insider-trades/

The details of the patent can be found here:
http://www.faqs.org/patents/app/20090018205

Inventors: Foad Salehani (Los Angeles, CA, US)

Dr. Salehani's Overview

Dr. Foad Salehani graduated from the Ahwaz Univ of Med Sci & Hlth Serv, Ahwaz Med Sch, Ahwaz, Iran in 1976. He works in Los Angeles, CA and specializes in Family Medicine and Pediatrics. Dr. Salehani is affiliated with Monterey Park Hospital.

Looks like it took him about ten years to get patent granted.

http://patents.justia.com/inventor/foad-salehani

Looks like he had two attempts before the Patent was granted

http://patents.justia.com/patent/20050282879
http://patents.justia.com/patent/20090018205
http://patents.justia.com/patent/8703823

The patent is not that old, is was granted just about two years ago

Patent number: 8703823
Type: Grant
Filed: Sep 16, 2008
Date of Patent: Apr 22, 2014
Patent Publication Number: 20090018205
Inventor: Foad Salehani (Los Angeles, CA)
Primary Examiner: Sreeni Padmanabhan
Assistant Examiner: Uma Ramachandran
Application Number: 12/211,619

He also has lost hs license to practice..
http://df7s0hkt8o8r9.cloudfront.net/media/english/pdf/sanctions/HGPYF364E33F5F934CF4B07202012.pdf

Note: This company has had some incomplete business ventures in multiple areas prior to this path, including diabetic monitoring, health care facility, Bio Medical device (BIOHARP), Retail Gas station/Hotel in Canada, Oil Trading/storage, radio station, recording studio, and alternate fuels.