Wednesday, January 28, 2015 12:08:10 AM
Anything I posted is based on my speculation after reading that court order. So, as for any kind of official verifiable information to justify what I posted, I don’t have it. It is what I think is being believed and transpiring so I could be wrong, but I think I’m close enough with my speculation even if such is later to not be 100% as I have insinuated. Since this forum is for sharing thoughts… I shared them.
You asked:
That IJJP court document and PR both indicated that the shares would be delivered on an incremental basis. The PR actually said… stock to be delivered in the future, over time… I took that to mean that the shares have not been issued yet and that when they are, they will be issued in portions. Actually, I have no idea when such shares would be issued. It was only a guess, but logically speaking, the amount of shares for distribution were probably derived from a per share price per all of the stocks involved. So, since the price had increased somewhere in the area of double from when I made that post and since the original time of such execution of the contract, I figured that the shares used for the deal would be half of what was indicated or even greater than half. Remember, IJJP recently was at .003 per share after the contract so it could have been argued that the amount of shares distributed on an incremental basis would be greater than half and actually closer to a third. Again, I don’t know the exacts, but I think regardless, something significant (and positive) here with IJJP appears to be in the works.
You asked:
Again, the PR actually said… stock to be delivered in the future, over time… I took that to mean that the shares have not been issued yet and that when they are, they will be issued in portions. I don’t have any documents to support my speculation except for what was filed with the court and the previous PR. I don’t know of any dates for when any of the tranches will be issued with IJJP or with any of the companies. If you say that each tranche is supposed to be 75 days apart, then such is fine.
You asked:
There is no link for this thought. I believe this from reading their previous PR. Surely if the company is going to be bringing in $2.1 Million in Net Income, one would have to easily speculate that the share price will begin to appreciate as the market begins to realize the value here in IJJP for doing this deal.
You asked:
Keep in mind, the shares will be issued on an incremental basis and not all at once. Since I believe that the price of IJJP will increase over time, then I would have to believe that the amount of share issuance for each tranche will decrease. If you believe that the share price for IJJP will decrease over time, then you would have to believe that the amount of share issuance for each tranche will increase. Actually, neither of us will know the breakdown of the shares until an update is provided by the company. This thought also applies to your next questions within your post on the topic.
Then you said:
If you do a little more digging, it’s public information that WOM and MPT are already operational. The deal is to bring huge expansion to both WOM and MPT. I believe that $12 Million in stock is a good deal to bring about $12 Million in Net Income between two marijuana farms/operations.
You stated that there is nothing to stop these people and entities from selling the stock they receive and keeping the proceeds. I 100% disagree with that thought. Within the previous PR, it was stated… Until the investors’ obligations are paid in full, 90% of any and all amounts realized are placed in escrow, to assure that the farms and facilities are constructed.
http://ih.advfn.com/p.php?pid=nmona&article=64865110
This means that until the expansion plans have been built and fully operational towards generating that $12 million in Net Income, 90% of any of the money made from selling any of the shares will go towards the expansion of the marijuana cultivation projects. This was enforced from a court order so any of the parties not complying with such will be held in contempt of court and prosecuted to possibly be doing some jail time. I’m not a lawyer, but that’s only a guess.
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516
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