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BMAK is simply doing the job of equity financing to raise cash to fund build outs and growth.
If people don't like it, sell and re-buy once dilution is done.
If TRTC wasn't in compliance with its filings it would not have been moved to OTCQX.
There are many reasons to make a filing confidential....
I speak negative on MJNA, but I am looking for a nugget of value for the right price... Still looking.
We 1/2 agree, yes not enough demand to counter act manga, but as an ex-mm employee, I get the feel they're fading fast ion the bid on any selling pressure. Magna is not selling, instead they are staying on the ask....
Why pay up to full retail ASK, when scared little retail puts it on sale?
They don't have to tell shareholders anything that's been granted a SEC confidentiality notice, drop it.
It was me, I lent them all the money.
The technicals have always been crap, thus I had to chime in to counter the totally wrong call it would hold 0.04, I wouldn't buy it ever again.... But want to avoid others from wasting good money.
I'm still correct.... Learn the overall trend is your friend, playing overs olds for a bounce is risky and bad trading.
MJNA is NOT a calculated risk to take and anything I can do to protect the public as was my old job, I will continue to do.
MJNA is pure diluted pig... Zero real value behind the equity.
I love the fairy tales... MJNA is such pig, I doubt it ever breaks $0.04, but will be at 0.035 by eod Friday.
Maybe just wait for the reverse split....
Yes you may have "green" eggs. ;)
Makes a good suppository too... LOL
Keep buying suckers!
The downside is only to zero...LOL
More like pushing it down...ROTFLMAO
Still waiting for a day above $0.04....LOL
just clarifying the story, thanks for your opinion...
OTCQB also requires 3rd party oversight.
Read here for the full story.
Your link: http://www.otcmarkets.com/marketplaces/otcqx
NEWS! And down again... dilution is overwhelming any buy side interest.
Not technically "after hours", simply notation to the ticker tape of MJNA replacing all the shares the boiler rooms were able to sell to suckers.
Yo canna, 2.3 million shares dumped at close for .036
It must be that accumulation so often spoke of...
No worry, I'm positive they have plenty of stock to sell you....
You can go back to see the document on older filings... oh but that requires DD.
IF $0.04 is ever crossed again and holds, of which I highly doubt...
Correction the brokers supervisor is responsible at the end of the day...shows what you know....
I'm retired with a 100% clean record on brokercheck.
All licences are expired, I'm a member of the "public" now.
In fact I was a senior manager in audit, compliance and controls.
I defended my firm in arbitrations....
SS, You do understand that until ALL the notes have been converted there has to be some dilution into the float everyday...
If I was new to MJNA and looked at this board, I'd be thinking look at all the repetitive "spam", "duplicate" posts and think "SCAM". Just look at the lame pumpers...OMG. No way would I buy....
All risks are disclosed by those "services", and MJNA deserves to be called out for it's horrible equity structure.
I was a broker, it's always "the broker's" fault... take some responsibility people!
If you actually do call and report back I will be extremely impressed someone did real DD from this board.
I await your report.
You think real hard and call the new PR firm and report back...
No filing cuz they didn't need the money at the time...
TRTC has filled everything required...
Oh boy TRTC paid up for a full news wire blitz, new PR on board must have told them to do that... ha!
Hope you played the trade too Mr. Sleek ;)
Too many duplicate posts, looks like spam here.
MJNA trades below $0.04 exactly as I predicted....
A simple guide on all OTC is "Always sell the PR", buy the fear and disappointment later if the company has fundamental value.
I used to "play" MJNA a lot too BTW, but lately I'm out.
Hey Canna, right now it's .038/.04 with big size on the bids. Watch how the MM's will drop the ASK to .038 dump shares to the .038 suckers and it will look like a "green" trade.
All part of the game...
MJNA will have a MM manipulated bounce, but the company is sketch.
I'm an ex-professional trader, I have managed teams of brokers for MM's.
I don't like trading technicals on a company with poor fundamental valuations.
The new churn and burn zone will be $0.04 - $0.03
Never bet on a bounce...risky fool's game.