Immediate Properties specializes in residential and commercial real estate investment and development. The Company’s success has worked to form lasting, concrete relationships with top equity suppliers, such as individual, commercial and institutional sources. These relationships enable Immediate Properties to provide beyond typical market approaches to finding and acquiring income-producing projects.
The Company specializes in value-add investment and development in “A” locations in urban infill areas. It has expertise in multifamily, retail, office, mixed-use, adaptive re-use of industrial buildings and historic renovations. Immediate’s current investment portfolio includes properties across Northern and Southern California, Atlanta , and Nevada. The Company is actively investing in California and other select metro areas where we believe relatively high cap rates are not justified due to strong fundamentals. http://www.immediateproperties.net/
Dana Belle was immediately appointed as Interim Chief Executive Officer and as a director and has vowed: “Medican Enterprises Inc. has every intention of becoming current in its filing and reporting obligations. As such, with the assistance of two institutional investors, the Company’s resident agent was forwarded the necessary funds with which to reinstate the Company with the Nevada Secretary of State. After this has been completed, Medican Enterprises can then start an application with OTC Markets Group Inc. in order to file disclosure statements as well as post news. The Company is expecting to be reinstated with the Nevada Secretary of State within the next few days.”
Medican Enterprises is now a real estate company which will be the Company’s focus, not cannabis as it was in the past. However, a significant asset of the Company’s is a $10 million convertible note (plus accrued interest) in The Now Corporation. “The goal is to make Medican Enterprises Inc . into a dynamic real estate company. As such, once all the clean up has been completed and the Company is current, it intends to do a name change. For the foreseeable future, the Company does not intend on performing a reverse stock split.”
Link to above information: https://www.newsfilecorp.com/release/754…
Bullish Due Diligence Informational Links:
Adar Bays LLC, which has the same address as a real estate agency, recently filed purchased ownership for 9.9% of the company with the SEC for 1.3 Billion+ share w/ voting power stake. This is confirmed as their largest holding in a company. Adar Bay is registered to Aryeh Goldstein with Guggenheim Partners, whom has over 246 billion in assets. Below is an SEC filing from MDCN for the Adar Bays LLC 9.9% ownership published on 2/11/21.