PaperSherpa- I will be very honest here...I no longer trust what the IR person says ... I have talked to him before and also we have had several email exchanges. In my last email right after 10-k was released I had asked him the same questions I posted ion board...He said he didn't know the answer to it and has forwarded my email to management and they will get back..guess what over a week and no reply from him or the management..I followed up with him and his reply was he hasn't heard back from the management..is this how much they care for their investors?
So, I personally will only believe in whatever solid DD I can find....and not rely too much on the IR. But that's just me. I still have my scanners set to get updates on events related to Medican and so caught this new development..I am not invested here anymore but am on the sidelines..
I never said in my post that based on this info the deal has fallen thru...I just said that the seller doesn't have much confidence that Medican can close soon and so looking for other buyers..
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