Replies to post #14933 on Medican Enterprises Inc (MDCN)

[Helter Skelter]

What about it? Thanks...

Nadia.... How's this?

"Selling, General and Administrative expenses were $797,463 for the September 30, 2014 period, compared to $47,659 for the September 30, 2013 period. This change in selling, general and administrative expenses for the nine months ended September 30, 2014 was primarily due to payments made under the Amended Subscription Agreement associated with our proposed acquisition of IHMML (the “Subscription Agreement”) and increased accounting, legal services and compliance fees. The Company had a net loss of $47,638,046 for the September 30, 2014 period compared to a net loss of $53,408 for the September 30, 2013 period. The increase in net loss for the nine month period ended September 30, 2014 is due to the payments owed under the Subscription Agreement and increased accounting, legal and compliance fees."

From 10-q filed 11/14/14 part 5 and also part 6/7 elaborate further on the payment for services via shares....

See... > "Selling, General and Administrative" (below):

Thanks...

[animem911]

excellent DD!!

[malvern]

We have six times (at least) the capacity of our nearest competitor,TWD who has a market cap around 80 mil, ours is less than 6 mil. This is the most undervalued play on earth. The director is running for pres in 2016. There is zero chance this is a scam. Get in now, or slit your wrist come Wednesday (joking) nowhere to go but way way up! Read !!

http://seekingalpha.com/article/2131563-canadian-marijuana-stocks-medican-and-ihmml-give-investors-a-reason-to-be-bullish