Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

Never know when a paid pump will arrive

I'm trying to figure out what would make MJNA run, since unlike in 2014, there isn't a Colorado going legal, a passage of a Farm Bill with provisions concerning hemp farming, synchronized, illegal paid pumps and stock manipulations, etc.

Also, unlike in early 2014, there wasn't a Perry Coleman putting out ridiculous forecasts for MJNA. Perry actually said that by the end of 2015, MJNA would be see $3.7B in revenue:



Perry, who eventually ended up as MJNA's Investor Relations representative, was a fool.

In addition, MJNA has more that 2.5 times the number of outstanding shares since Feb, 2014 (possibly 3.5X with the debt reductions) and revenue has been steadily falling since mid-2014. (I estimate 2.4B - 2.6B outstanding shares).

I think that MJNA will have been lucky to hit $10M in 2015, which will be down about 30% from 2014.

I don't see how Mexico will help, because Brazil is a much bigger country and MJNA has shown no significant uptick in revenues from that series of announcements.

They haven't talked about the supposed sales to a pet food manufacturer in months.

Kannaway continues to wither away, with less than $300K revenue in 3Q/15.

The lawsuit against Project CBD was quietly settled, so I doubt that more than $1M was paid.

So I must say I'm curious as to why you think MJNA is worth a lot more than it is today.

Is a paid pump and dump coming?