The Now Corporation (OTCPK:NWPN) acquired majority assets of Medican Enterprises, Inc. (OTCPK:MDCN) on February 8, 2019. The consideration paid was both a convertible note of $20 million and half of the preferred share control block to be issued shortly. The only significant asset that it will now hold other than the preferred shares and note in The Now Corporation is a convertible note in Eagle Oil Holding Company Inc. The shares derived from the convertible notes in The Now Corporation and Eagle Oil Holding Company Inc. will eventually be distributed to Medican Enterprises Inc. shareholders.

The Now Corporation (OTCPK:NWPN) completed the acquisition of majority assets of Medican Enterprises, Inc. (OTCPK:MDCN) on February 8, 2019.