MedGen Inc (MDIN)

[CrazyC]

Michael Kahiri took over as CEO last October when the LOI for the Magnifind.ca acquisition was announced and has never materialized...

https://www.businesswire.com/news/home/20191009005588/en/

As far as the A/S being a half a trillion shares, I wouldn't worry about that too much. That mess was from the Johnny Rodrigues days which can easily be changed by Kahiri with another amendment to the Articles of Incorporation.

According to the last T/A verification on OTCMarkets:

https://www.otcmarkets.com/stock/MDIN/security

Authorized Shares 500,000,000,000 06/19/2020
Outstanding Shares 3,010,314,753 06/19/2020
Restricted 186,258,693 06/19/2020
Unrestricted 2,824,056,060 06/19/2020
Held at DTC 2,159,009,456 06/19/2020
Float 1,480,294,951 10/14/2015

As far as what is happening behind the scenes with MedGen, I don't have a clue. But... I am fairly confident that something must be with the designation of the new Series C Preferred stock of which, as of the date of the amendment, zero shares had been issued.