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Re: A new PR firm....As long as they disclose a forward looking disclaimer and avoid soliciting the SEC will probably let the firm operate.
HOWEVER:
If you are solicited to buy this security, contact FINRA and/or the SEC.
See: http://www.otcmarkets.com/no-information-warning
No Information Warning
This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
As long as the disclose a forward looking disclaimer and avoid soliciting the SEC will probably let the firm operate.
HOWEVER:
If you are solicited to buy this security, contact FINRA and/or the SEC.
See: http://www.otcmarkets.com/no-information-warning
No Information Warning
This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
Enjoy your stale or fraudulent inside info....
Venture capital is risky with big rewards.
Live and learn
They were not allowed to tell you anything current, if they did, and not public, they broke the law.
All info on MJNA is so stale it's a scam.
Good luck with that, you might want to wait to see if the file any financials.
Buying now is stupid and flying blind. Spend it on lotto tickets.
Imo
Not yet, it's trading, why don't you buy some....
Desperation to hire more paid pumpers....
The lawsuit is merely a distraction from the real dire situation of this company.
Preserve your capital!
Listen now, believe us later, preserve your capital!!!
So agree, not even for a "hype" trade... MJNA will be below .07, by next week.
Would get serious and get some selling pressure going, I way down bid sitting. Get me some shares....
Correct DD, thankfully for you the "powers that be", not sure MJNA has a real "market maker" just a share dumper, "they" are artificially maintaining this price level.
Preservation of capital is key to fight another battle.
Yes Zeus, I'm a hobo and live in a van down by the river.
A different question indeed.
Peace Doc
MJNA is the next halt in the sector, just a little DD can reveal that inevitability.
Yep, MJNA is a "DARK DEFUNCT" stock per OTC Markets.
Well if it's a takeover, where are my holder filings...?
There are rules to follow to take over a company.
Any proof?
MJNA can NEVER be uplisted because they don't file financial reports to the SEC.
Non-newbies know nobody has any financials to know what any assets are currently valued at....
No proof of Kannaway dilution either... 1 billion shares minimum.
The fact remains the same NO new financials and dubious intracompany interactions counted as revenue.
Why is a crapload of shares for nothing here OK, but on out other hobby stock board, why take the opposite stance...?
Your revenue beef is with Magnum007, not me.
You can't fluff away my points.....
I never said that MNJA had no revenues, check who you're responding to.
My point is nobody here has any clue what the company is up to. If you do and trade, you are in violation of securities laws.
So sad the whole saga, such hopes dashed. MJNA dead.
SAN DIEGO (CN) - The new owners of the nation's first publicly traded medical marijuana company acquired it through fraud, former board members say in a state court suit.
William Martin and David Tobias say the Hemp Deposit and Distribution Corp. - doing business as CannaBank - and its president and founder, Michael Llamas, lied to them to acquire a controlling interest in Medical Marijuana, Inc. in 2010
http://www.courthousenews.com/2015/05/01/medical-pot-co-board-calls-merger-a-fraud.htm
You know a company is ridiculous when they file a $100 million dollar lawsuit... Ohhh big #'s...too bad won't see a day in court.
MJNA sells toxic hemp paste
"Project CBD Files Motion To Strike Down Medical Marijuana Inc.’S $100 Million Lawsuit"
How many Billions of shares are expected to be used to complete the Kannaway deal?
100% dilution people...
Got anything recent and relevant, not 5 months old, like a real financial filing?
Also, not a PDF file of middle school quality?
Got any thing recent and relevant like a real financial filing?
Is MJNA ever expected to become reporting?
Pipe dreams of an uplist are impossible unless they start informing shareholders.
Bad day again, still no financials to make known the 1 billion in new kannaway dilution.
Still not "Jolly Roger", but per OTCMARKETS.com
No Information Warning
This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
Very true Zeus, can't deny that.
MJNA still hasn't released ANY data to bagholders:
Current OTC status...
Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. Companies in this category do not make Current Information available via OTC Markets Group's News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
To confirm: http://www.otcmarkets.com/learn/otc-market-tiers
How many days until MJNA goes "Caveat Emptor", "Buyer Beware", "Skull and Cross Bones" on The OTCMARKETS site?
Interesting choice of stickies...
TRTC close was nice, but lacked momentum. See what tomorrow brings.
A discount on products and a discounted share price, great day!
What is MJNA's ROI?
Thanks for the BLOG link, where's at least "Globenewswire" with details.