Jammin Java Corp (JAMN)

[Brophtron]

It's hard to say what's going to happen. Every time they run out of money, there is someone who will give them a loan or give money for equity. The Ironridge deal was a disaster for shareholders, but it allowed JAMN to keep running; debts were paid off and they even had money for the growth that led us to where we are now. When they ran out, MP stepped up to the plate.

But there's the rub. MP is their roaster. MP is the one that gave the RealCups and now EcoCups. I can't imagine that they're happy with the stock price. JAMN doesn't want them buying any more shares because they'll control too much of the company, but if another party comes in they'll have better pricing than what MP got - and it's too late to change what MP paid for their shares.

Most people will just say that I've been saying the same thing for ages, but JAMN needs a lot more money than they've arranged for. They'll be through this money in a year, there won't be much growth, they'll still be months behind in their payable and they'll have debt that they can't afford.

Bankruptcy. Dilutive financing forever. It could go either way.