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As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

madison explorations inc (MDEX) Snapshot

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madison explorations inc (MDEX) Details

Madison Explorations, Inc. develops and markets a commercial cannabis technology, known as ‘CannaStrips’. The CannaStrips technology is a smokeless cannabis delivery technology. The company was formerly known as Madison-Taylor General Contractors, Inc. and changed its name to Madison Explorations, Inc. in May 2004. Madison Explorations, Inc. was founded in 1998 and is based in Salt Lake City, Utah.

madison explorations inc (MDEX) Top Compensated Officers

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madison explorations inc (MDEX) Key Developments

Madison Explorations Inc. Announces Executive Changes

On November 14, 2014, Frank McEnulty consented to and was appointed as the Chief Executive Officer, the Chief Financial Officer and the Corporate Secretary of Madison Explorations Inc. by the board of directors. Also, on November 14, 2014, Madison accepted the resignation of Brent Inzer the Chief Executive Officer, the Chief Financial Officer, and the Corporate Secretary of Madison. Mr. Inzer's resignation was not due to, and was not caused by, any disagreement with Madison relating to Madison's operations, policies or practices. Frank McEnulty has been a director of Madison since September 2014 and the sole officer of Madison since November 2014. During the last 18 years Mr. McEnulty was President and CFO for Meghan Matthews Inc.

Madison Explorations Inc. announced delayed 10-Q filing

On 11/17/2014, Madison Explorations Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Madison Explorations, Inc. Announces the Development Progress of Specific Cannabinoid Separation

Madison Explorations Inc. announced that the company has been able to separate specific cannabinoids and integrate them into the CannaStrips product. The company believes that using the CannaStrips technology to deliver patient therapy of cannabinoids that are believed to have antioxidant properties unrelated to NMDA receptor antagonism can improve the effectiveness. There are a number of specific cannabinoids contained in marijuana, these cannabinoids have been found useful in the treatment and prophylaxis of a wide variety of oxidation associated diseases, such as ischemic, age-related disorders and inflammatory symptoms as well as cataracts, sleep disorders, seizures and autoimmune diseases. The cannabinoids are believed to have particular application as neuroprotectants, for example in limiting neurological damage following ischemic invectives, such as stroke and trauma, or in the treatment of neurodegenerative diseases, such as Alzheimer's disease, Parkinson's disease and HIV dementia. The ability to separate the cannabinoids from the psychoactive THC will allow therapy free of the effects of THC, this is particularly advantageous in therapies involving children because they avoid toxicity that is encountered with therapies involving psychoactive high dose THC cannabinoids, specifically consisting of H, CH(3), and COCH(3).


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