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Re: Alan Brochstein post# 171642

Wednesday, 07/23/2014 11:28:11 AM

Wednesday, July 23, 2014 11:28:11 AM

Post# of 238014
I never saw an inventory write-down

I think you're correct about them taking an inventory write-down but not noting it in the filings.

IMO, the reason they spun-off CanChew to AXIM is so they can get financing for that operation just like CannaVest did.

MJNA can't sell shares to raise money without violating their self-proclaimed management cap, so it's probably easier to move the CanChew operation into another shell, then sell shares from there.

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