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Alias Born | 01/24/2011 |
Sunday, March 29, 2015 9:48:59 PM
MJNA is overvalued at $0.10, so the only way it would make it to $3.00 is via a 1:40 reverse split.
The 4Q/14 filing is going to be horribly bad, as will be the 1Q/15 filing.
When the KannaWay sales numbers hit in 2Q/15, they will be more than offset by the shares added to the OS for the "deal".
Even marijuana legalization will provide only a small boost, because MJNA isn't at all in that space now, and by the time they are able to enter, the world will have passed the company by.
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