$STOCK UNDERGROUND$

[JPerdue2]

AFAI a legit marijuana stock?

Before AFAI was even rewarded the license to open up a medical marijuana dispensary, the company posted an add into an Oregon newspaper which they were looking to hire individuals for Oregon Medical Marijuana Facilities. One part of the article says,
"Ideal candidate initially to work part time as we develop operating procedures and submit licensing applications. Full-time responsibilities to commence by June as we open in the greater Portland Oregon market"
https://docs.google.com/file/d/0B3N18l2tC-CxZUQxaEM2enM5ckU/edit

Again, this was BEFORE they even received their license and it just so happens that an Oregon resident caught wind of the article. The article is a major find IMO because it leaves clues of what is to be expected in June! The hunt for employees began in February which means they were confident that they would receive the license (and they did). It also sounds like the company is very confident that operations will begin by June which makes me believe that they will be in operation by June, just like they said they were going to be getting a license in early February!

In the 10k that was published on March 15th, in one section the company states that they have already began establishing themselves in Portland Oregon by applying for not just 1 license but 2,
"The Company formed a subsidiary in March 2014 named Marijuana Holdings Americas, Inc. The subsidiary, through local Oregon subsidiaries, filed for two Medical Marijuana Facility licenses on March 3, 2014 in Oregon. The Company has received notification of provisional approval for one license. The subsidiaries formed are called MJAI Oregon 1 and MJAI Oregon 2."

IMO the company is just getting started and is going to continue to capture market share in the legal medical/recreational marijuana industry through out the U.S, here are some statements from the 10k to support my theory,

"MJAI has established a firm position in the emerging Florida market through founding and sponsoring of the Florida Cannabis Industry Association. Judging from the experiences in other states, such as Colorado, Oregon and Nevada, the local Cannabis Industry Association is a leading force in the construction and passage of the legislation that decriminalizes marijuana and permits its legal cultivation, distribution, possession and sale for recreational and/or medicinal purposes. Through MJAI’s leadership efforts in the Florida Cannabis Industry Association, the Company expects to be well positioned as the highly coveted Florida market, if medical marijuana use is legalized."

"New York State also appears to be moving rapidly toward the legalization of medical marijuana use. The Company believes that New York, like Florida, represents an excellent opportunity for the Company to gain significant market share by helping shape legislation and being among the first to enter the market. The Company plans to retain lobbyists in New York to help draft the legal medical marijuana legislation and to secure ample licensing opportunities to MJAI. The Company intends to pursue a sponsorship of the New York Cannabis Industry Association."

Being the FIRST publicly traded company to receive a dispensing license is a big deal and shows that the company is operating in the confines of the law as well as establishing themselves as a pioneer as they begin to capture market share.

Here is the SS for AFAI, which is not as bloated or diluted compared to most other marijuana stocks IMO.
250,000,000 shares authorized; 68,449,325 and 68,049,325 Shares issued and outstanding on December 31, 2013. There were 68,449,325 shares of common stock outstanding as of April 15, 2014. Float 23,742,088 a/o Apr 20, 2012.

The company is extremely undervalued after today when it pulled back to a price of .13 which is the same price the company opened up at the day it announced its entrance into the marijuana industry on January 9th.
http://stockcharts.com/h-sc/ui?s=AFAI&p=D&b=5&g=0&id=p37129887946

IMO AFAI will be gaining a lot of attention over the next month and the PPS will increase dramatically as soon as they announce that they have received a Finalized license and are ready to begin operations which should be before May 20th because in the last PR on April 10th, the company states,
"MJAI now has until May 20, 2014 to file its security and operational plans, upon which the State issues its certification so the MMF can begin lawful operations as MJAI's first Medical Marijuana Dispensary."

Currently, AFAI is under the radar but with a low float, more news pending and a high demand for legit marijuana stocks I think AFAI is in a perfect position to benefit big time as more people begin to hear about the licensing deal and realize the true potential of the company.

AFAI PR's since their entrance into the marijuana industry

http://finance.yahoo.com/news/marijuana-holdings-americas-pursue-medical-133000338.html
(January 9th)

http://biz.yahoo.com/e/140124/afai8-k.html
(January 24th)

http://biz.yahoo.com/e/140211/afai8-k_a.html
(February 11th)

http://finance.yahoo.com/news/afais-marijuana-holdings-americas-enters-133500363.htmlv
(February 11th)

http://finance.yahoo.com/news/marijuana-holdings-americas-sponsors-florida-123500783.html
(April 2nd)

http://finance.yahoo.com/news/marijuana-holdings-americas-announces-first-123500242.html
(April 10th)

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9921275
(April 15th)

Disclaimer, this is just my opinion I am no financial expert and am not a licensed broker. Do not make any decisions based off of my opinion and research - please do your own DD and decide for yourself if AFAI is a good investment or not!