Medican Enterprises Inc (PK) (MDCN) News

Medican Enterprises Inc. (OTC: MDCN) and Bell Rose Capital Inc. (OTC: BELR) Announce Transformative Purchase and Sale Agreement for Off-Road Electric VehiclePress Release | 02/25/2025
February 25, 2025
OTC Disclosure & News Service

Burbank, CA —

This release includes additional documents. Select the link(s) below to view.
vehcle design doc.pdf

Medican Enterprises Inc. (OTC: MDCN) ("Medican") and Bell Rose Capital Inc. (OTC: BELR) ("Bell Rose") are excited to announce a strategic purchase and sale agreement that marks a significant milestone in the off-road electric vehicle (EV) market. Under this agreement, Bell Rose will obtain exclusive rights to use, manufacture, market, and distribute Medican's innovative EV Car.

Medican, leveraging technologies and developments facilitated by The Now Corporation (OTC: NWPN), has entrusted Bell Rose with the responsibility of bringing its state-of-the-art EV Car to global markets. In exchange for these exclusive rights, Bell Rose has issued Medican a $5 million convertible promissory note, underscoring the strong commitment and financial backing of both parties.

Highlights of the Agreement:

-Exclusive License: Bell Rose is granted a non-transferable, exclusive license to use, manufacture, market, and distribute Medican's revolutionary EV Car worldwide.

- Convertible Promissory Note: Medican receives a $5 million convertible promissory note from Bell Rose, solidifying the financial foundation and confidence in the product�s success.

- Collaboration with The Now Corporation: Medican relies on The Now Corporation for the research, development, and production of the EV Car, ensuring cutting-edge technologies.

- Strategic Collaboration: The partnership combines Medican's reliance on advanced technologies with Bell Rose's market expertise, aiming to accelerate the adoption of eco-friendly off-road vehicles.

"We are delighted about this agreement with Bell Rose Capital Inc.," said Xavier Mitchell, CEO of Medican Enterprises Inc. "This agreement not only aligns with our vision for sustainable transportation but also leverages the groundbreaking work done by The Now Corporation. We are confident that Bell Rose�s leadership will drive our EV Car to new heights."

Carlos Salgado, CEO of Bell Rose Capital Inc., added, "This agreement with Medican Enterprises and their collaboration with The Now Corporation presents a unique opportunity to revolutionize the off-road vehicle market. We are committed to delivering exceptional value and innovative solutions to our customers."

Updates will be forthcoming


About Medican Enterprises Inc.

Medican Enterprises Inc. is focused on leveraging strategic assets in the sports and entertainment sectors. The companys portfolio includes a minority interest in ABA Sports Realty Group, majority ownership stake in America Basketball Association Canada Inc., and two professional basketball teams, the Hollywood Action and Beverly Hills Majestics. Additionally, Medican Enterprises holds the rights to the Fathers of the Sport video game and documentary, including associated NFTs and other various basketball-related assets. This diverse suite of investments positions Medican Enterprises at the intersection of sports, media, and digital innovation, driving value creation in these dynamic industries.

Legal Notice Regarding Forward-Looking Statements: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medican Enterprises, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Medican Enterprises, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

https://www.otcmarkets.com/stock/MDCN/news/Medican-Enterprises-Inc-OTC-MDCN-and-Bell-Rose-Capital-Inc-OTC-BELR-Announce-Transformative-Purchase-and-Sale-Agreement-?id=468669

looks like i see some moves here but the board is dead ?????

Major dump today. POS

Very Quiet here after all the recent news!

Maybe just maybe .....

No RS would be a great news to move up this ticker

MDCN back to life....Soon will have news

Yeah unfortunately this high OS, it can't move it.

OTC is all about share structure. Market Cap means nothing. In 2021, everything moved up. Volumes may come back hopefully soon. The lower OS, the better the pick, always was always will be.

RS on the OTC is a horrible decision for those that bought in years ago.

I have never had a ticker do a RS that turned out to be good. Always a tax loss, since 2013.

The OTC is a massively diluted POS since July 2021. The market is 90% dead.

hope u are not right RS no good for no one even for you and the company no body will touch it again with a ten foot wall dude you need to examine your info man RS is the end of the company ?????????period no penny's stock have ever survive from RS .

As much as I hate to admit this I agree with you. I won't be surpised to see an RS relatively soon. These huge OS/AS companies aren't gaining any traction at all in this OTC environment. Going pink here 4 years ago would have been huge, but now it means nothing unless you have a reasonable share structure.

News Out: American Basketball Association Canada Inc., a Subsidiary of Medican Enterprises Inc. (OTC:MDCN), Secures Monumental $10 Million Sponsorship with Elite Financial Private Bank

https://www.otcmarkets.com/stock/MDCN/news/American-Basketball-Association-Canada-Inc-a-Subsidiary-of-Medican-Enterprises-Inc-OTCMDCN-Secures-Monumental-10-Million?id=459370

Had a PR today

Too high OS. Too many .0001 here

chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.otcmarkets.com/otcapi/company/financial-report/415851/content

News just out!
https://www.otcmarkets.com/stock/MDCN/news/Medican-Enterprises-Inc-OTC-MDCN-Secures-Strategic-45M-Acquisition-of-Basketball-Assets-from-Valiant-Eagle-Inc-OTCPSRU-P?id=458148

Interesting! Thanks for the heads-up... I own the ticker, and I wasn't aware until now. Why would someone that don't even own the ticker be tracking it so closely? I guess I better check some of the others.

GO MDCN!!!

Thinking RS too. There will be no buyers here.

Smh what a waste with so many under 3 Billion OS, I guess they’re gonna try and do a R/S

Why are they bringing this Current again? 38.9B OS? No thanks.

I don't know.

OTC Markets has the:
AS at 50M
OS at 38.9B
Restricted at 18.5M (Lousy)
But, the Par Value is 0.001 (not sure how, or if it just hasn't been updated)

Yes, that may be true but think about it? Are those shares getting cancelled and then dropping the OS? We can't go by what's shown on OTC or can we?

67M unknown trade at .000001, I would say its a sell/dump

GO MDCN!!!

That would be great, but the volume that has been seen lately has been millions sold (although neutral) at .00001

Today was 25M alone.

If they go PINK a reverse split will be involved.

$MDCN Put out a positive tweet today about going Pink Current :)

Name change: medi-CON.

56 mil shares traded hands today.. hmmm

Nothing to see here still double diamond.

https://www.otcmarkets.com/stock/MDCN

1 20M unknown trade at .000001?????

He just posts garbage to maintain moderator position. No substance except occasional bullshit pumps.

This is a dead Penny-Scam

What is it that you’re looking at?

GO MDCN!!!

https://www.otcmarkets.com/stock/MDCN

Penny-Scams are a risky gamble.

Me Too Sad

I am still holding 1,499,000 shares of this stock right now. I am not sure what to do with this shares .. Cannot sell it ...

Medi-SCAM

My Money shit

cooked ????? MDCN
Medican Enterprises Inc (CE)
0.000001
0.00 (0.00%)
Volume:

Good luck.

Well this is possibly the next move.

https://venicedynamics.com/

Yup this one's over.

https://www.otcmarkets.com/stock/MDCN

This scam should be shut down.

Just in time for Sour Hour

MDCN

I agree with that motion...We need to build "The Peoples" Stock Market so that we won't have to deal with wall street anymore...I believe it's the ONLY way from here...the way the corporations are falling apart, it won't be much of a loss to whomever...

$MDCN

Appears to be a concerted effort to put every otc stock in the same place this is diametrically opposed to capitalism

Appears to be a concerted effort to put every otc stock in the same place this is diametrically opposed to capitalism

MDCN
Medican Enterprises Inc (CE)
0.000001
0.00 (0.00%)
Volume: 500,000
Day Range: 0.000001 - 0.000001
Last Trade Time: 11:00:05 AM EDT

This scam should be shut down.