Replies to post #26136 on Medican Enterprises Inc (MDCN)

[Xmandingo]

sorry I cant pm ... straight from the OTCQB standards pdf (August 25, 2014)
http://www.otcmarkets.com/content/doc/otcqb/standards.pdf

I looked a little deeper into this lumi and found a grace period of 180 days. However, I am sure MDCN has no intention of being de-listed, believe that.

To remain eligible for trading on the OTCQB marketplace, the Company must:
"Have proprietary priced quotations published by a Market Maker in OTC Link with a minimum closing bid price of $0.01 per share on at least one of the prior thirty consecutive calendar days. In the event that the minimum closing bid price for the Company’s common stock falls below $0.01 per share, a grace period of 180 calendar days to regain compliance shall begin, during which the minimum closing bid price for the Company’s common stockmust be $0.01 or greater for ten consecutive trading days"