Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

Three weeks tomorrow since the Articles of Correction

Tomorrow, July 11 will be three weeks to the day since MJNA filed [with the OR Secretary of State (OR SoS)] the six Articles of Correction that undid all of the changes in the number of Authorized Shares since 2008, along with the 1:16.67 reverse split that reduced the AS from 5B to 300M.

I have argued since the documents became available on the OR SoS site that the AS is now 5B shares, and not 950M, because it was never legally changed.

We were told by MJNA's IR flack, Stuart Smith, that no, this analysis was wrong, and that the AS count remained at 950M, and this would be addressed in an upcoming PR.

Three weeks tomorrow, and yet there has been no official explanation from the company.

Why?

I contend it's because they won't acknowledge the AS at 5B until they file the Q2 report, sometime in mid-Aug.