Medican Enterprises Inc (MDCN)

[fxsho2008]

Medican is way behind on filings hence the stop sign. Not a good scneario to be in. I do know the mergers and acquisitions guy, Paul Khan is still in the mix with Medican. What he is doing there, I am not too sure.

As for the share count. I believe the outstanding is just about that 2.7B mark or so. I say that because last year when Ken went on his share printing spree the TA was volunteering that info. At about the 2.7B mark (the last known figure I received from the TA) is when the share printing stopped and the TA went quiet. Since then there really have not been any more shares printed. A few million here or there but nothing at all to speak of.

Ken was supposed to retire many of those shares as I believe they were to be used for that Mobi deal but that was cancelled per Ken. Ken's last emails to me was that he was bringing Median back to the MJ side. I am no sure where he is in that process. If the Twitter account is actually Medicans then maybe they are using Twitter to ramp up interest again.

That is about what I know.