If a company with a 3 billion float and trading at .055 had the 70 million float of mdcn that company's shares would be $2.35 as opposed to the $1.35 here. Wich stock with no license is cheaper ? Wich one has better management. Wich one has the bigger grow plans ? MDCN. And i over stated the float here to be safe.
Oh and no more buying in btw. They are merging. On July 25, 2014, we and CanaLeaf entered into a Non-binding Letter of Intent (the “LOI”) with Zenabis Limited Partnership (“Zenabis”) and IHMML. Pursuant to the LOI, the Company intends to restructure its proposed acquisition of an interest in IHMML so that it will acquire an outright 51% interest in IHMML and an option to acquire the remainder and, in return, IHMML and its affiliates will obtain a majority ownership interest in and control of the Company. http://www.sec.gov/Archives/edgar/data/847015/000144586614001055/medican10q06302014.htm Sept 15, 2014 close date.