MedGen Inc (MDIN)

[Pink Current]

Yes still holding, BUT a couple of things have me more than puzzled after the annual report. That is the 1st, the second is this:

As of 9/30/13 there are:
1,500,000,000 common shares authorized
5,000,000 preferred shares authorized
701,286,082 common shares outstanding
2,000,000 preferred shares outstanding
326,986,082 Shares in the float

If there are 400M restricted shares issued for the lactose patent that cannot be traded for 1 year the figures don't jive.

http://www.otcmarkets.com/financialReportViewer?symbol=MDIN&id=115118

701,286,082 - 400,000,000 = 301,286,082 so the maximum float should be 301,286,082 and NOT 326,986,082.....leads me to the conclusion that the O/S is WRONG.

MDIN

MS99