Replies to post #38752 on Medican Enterprises Inc (MDCN)

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Purchase Price: $27,000,000 (seller requires proof of funds prior to entering into PSA).
January 2017

Inaccurate Filing:

please update the correct and accurate 8k filings, The former CEO Ken WILLIAMS is removed and holds no position with MDCN.

We are in the process of correcting the January 2017 8k filing that was made in error by an outside individual seeking to cover his tracks. Officials have been notified and investigations of possible cyber security conflicts are in order.

Thanks for your full cooperation and attention to this detail as we continue to clean and clear this matter. Our Goal is to advance MDCN to a more positive trading status. Shareholders notified and encouraged. Medican Enterprises Inc. Ticker Symbol:
MDCN.OB

Shares Structure:
Shares Outstanding: 42,585,852
CUSIP Number: 8464T103
March2, 2017

Mr. Kelvin Lindsey
Mobiweb / Medican
[e-mail]
[e-mail]

RE: Parcel (s) # 27-38-25-0000-0070-0000, #34-38-25-0000-0010-0000

Dear Mr. Lindsey:

On behalf of the Power Auto and Ivor Whigham, we are pleased to submit this Proposal to enter into a Contract for the purchase of approximately 495 acres +/- of property including all buildings, located at 5000 Power Drive in Arcadia Florida. Please return this signed proposal later than March 7, 2017. We look forward to working with you.

Purchaser: Mobiweb Network, LLC.

Building (s): Approximately 655,900 sf

Land: Approximately 495 Acres +/- mol.

Purchase Price: $27,000,000 (seller requires proof of funds prior to entering into PSA).

Terms: Cash.

Deposit: 10% at time of full execution of mutually agreed upon P&S Agreement.

Closing: Within 60 days after full execution of P&S Agreement.

Contract: Provided by the Seller.

Access: Reasonable access for Due Diligence will be available upon receipt of full 10% deposit.

Off Market: Seller agrees that they will not pursue nor accept any back-up offers for the purchase of the property for a period of 60 days after purchaser provides a nonrefundable $100,000 cash payment which is due no later than 11AM on March 10, 2017.



Qualification/ Disclaimer: This Proposal is intended to outline the basic terms and conditions upon which the Seller would consider entering into negotiations to achieve a mutually acceptable purchase and sale contract. Notwithstanding any response from the Seller, neither Purchaser nor Seller shall be contractually bound to enter into a Purchase and Sale Contract. Neither party shall be bound unless and until a proposed contract has been negotiated, approved by all necessary persons or entities and the contract documents have been fully executed by all parties.

If you have any questions, please do not hesitate to contact me. Please provide this signed outlined Proposal via e-mail no later than 03/07/2017.

Accepted by: Kelvin D.Lindsey CEO - MobiWeb | Medican


Reporting Structure:
U.S. Registered & Reporting – SEC

Fiscal Year End:
December 31

Transfer Agent:
Standard Registrar and Transfer Co. Inc.

Corporate Contact Information:
MediCan Enterprises Inc. Head Office
3440 E Russell Road
Las Vegas, NV 89120

+1.863.245.6201
investors@

Auditor / Accountant:
Anton & Chia, LLP
4400 MacArthur Blvd, Suite 970
Newport Beach, CA 92660
United States

Legal Counsel:
Ellenoff Grossman & Schole LLP
1345 Avenue of the Americas, 11th Floor
New York, NY 10105
Phone: [phone]