Place can on rack in pot. Fill with water to completely cover can by an inch or more. Boil for 4 hours. Carefully remove can and set in refrigerator till cool. Open one end of can and turn over onto plate, open other end and push caramel through can onto plate.
4 hours turns the milk into a rich brown solid pudding. Less time will leave it more syrupy. Spread onto dessert bread or cookie or eat plain. Use on frozen desserts or as frosting.
Share with many - 1, 100 calories per can! Deadly good - save for very special occasions.