SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 23rd, 2015 • Medican Enterprises, Inc. • Investors, nec • New York
Contract Type FiledJanuary 23rd, 2015 Company Industry JurisdictionThis SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of January 14, 2015, by and between MEDICAN ENTERPRISES, INC., a Nevada corporation, with headquarters located at 3440 East Russell Road, Las Vegas, NV 89120 (the “Company”), and KBM WORLDWIDE, INC., a New York corporation, with its address at 111 Great Neck Road – Suite 216, Great Neck, NY 11021 (the “Buyer”).
Date of Issuance: 1/16/15 10% CONVERTIBLE DEBENTURE DUE 7/16/15Securities Agreement • January 23rd, 2015 • Medican Enterprises, Inc. • Investors, nec
Contract Type FiledJanuary 23rd, 2015 Company IndustryTHIS DEBENTURE is a duly authorized and issued 10% Convertible Debenture of Medican Enterprises, Inc. having a principal place of business at 500 Alder Drive Milpitas, CA 95035 (“Company"), due 7/16/15 (the "Debenture").