Medican Enterprises Inc (MDCN)

[Wildcat888]

This is the message I sent to BCSC just now... will update once I get a reply from them... sorry its a long message but wanted to get all the info in there....


Good Afternoon. I hold shares in MDCN (Medican Enterprises Inc.) since 2015 with online brokerage firm Questrade. There is currently a Cease Trade order in BC where I am located. This is a US stock and it is currently being traded heavily in the US. They have recently filed paperwork as of Feb 08, 2021 as they hadn't filed for over 4 years. This information can be seen with the following link. https://www.nasdaq.com/market-activity/stocks/mdcn/sec-filings I would like to know what my options are as I would like to sell my shares and am not interested in buying any more shares in the company. Would this current filing would be sufficient to remove the cease trade order? Please advise.

I have also been advised by someone that there is a possibility of getting a partial revocation order to sell my shares. Can you please provide me with the details to costs and if I was to get other people in same situation as me would we be able to share the cost for the revocation fee. Also I am assuming if this option works then I would have to provide the proof to my online broker to sell my shares as when I try to put in a order to sell my shares ... an automatic message appears that a cease trade order in on this stock. Can you please provide me with all the details and any other options that I have. Would the partial revocation have the names of people who applied for the order? I really appreciate your assistance and understand that this process may take some time and I would like to get the process started as soon as possible.


Sincerely,

Iqbal Rakhra