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Re: alstocks post# 7401

Saturday, 04/18/2015 12:44:31 PM

Saturday, April 18, 2015 12:44:31 PM

Post# of 17076
Nobody is looking into buying JAMN.

JAMN doesn't have any real assets. The Marley Coffee name is licensed for a limited time from the Marley family, who could take the license away at any time. The current market cap is what - $30 million? That's incredibly overpriced for a company that won't even do $10 million sales for this reported year and I doubt will make their $20 million goal for next year. There just isn't enough value in the name.

Besides, Rohan and Toevs don't want other companies having more than 10% of the company. If they have 5 partners each with 10% of the shares, then they don't really have control of anything. Each time they use shares for financing, they're not only diluting shares for shareholders, but they're diluting their own shares/ownership of the company. If they lose control, it's likely that they'll just take back the Marley name.

The stock won't reach $3 a share. Let's call it 30 cents and pretend that it's actually worth that. In order for JAMN to be worth $3 a share, they'd have to be doing $100 million in sales a year. They've already reached saturation in the US market and they can't afford to ship more than what they're doing overseas, so they don't have a way to grow to those levels.

The last time we saw this was before the last financing. Once that was over, the price declined, as it will this time.