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Me too!!
THANKS!!
THANKS!!
This stock has traded in 6 of the last 10 days. Is something up?
THANKS!!
EARNINGS! That's the only thing that will move this stock. A company can make billions in revenue and still lose money.
The positive things are that MJNA has been able to increase its presence to so many countries without toxic financing or dilution of its stock. Now that expansion is paying off with increasing sales.
Now, those sales have to KEEP increasing. If they do we should get SOME upward movement in the price of the stock.
Then the sales need to come to the bottom line; EARNINGS. That's the only time we will get a POP in this stock, perhaps a big one.
I know I am looking at this as an INVESTMENT and not a speculation. I know that very few penny stocks are long term investments.
Perhaps I'm wrong but my feeling is that this one is different.
Please look at yesterday. 12,000 shares @ 0.0001. That's what, $1.20?
Your tax loss point makes sense, but who would want to do it on such low amounts?
Me too!!
Looking back over 5 years they have not done a reverse split. The stock hit a low of 3 cents in 2016 and no RS was done.
I could see MJNA doing it to get listed on NASDAQ, but that's a long way off. Like I said: LONG TERM.
Long term this one will make it. How many companies at 9 cents have more assets than liabilities? Also, it being a current information ranker helps. They are now filing with the SEC (4 reports so far).
"Medical Marijuana, Inc. Announces Q2 2018 as the Largest Sales Revenue Quarter in Company History." This may help with that long term debt we keep hearing about.
They are the only ones, publicly held, that have a website customers can directly order from.
Increasing sales are the answer, not issuance of more shares. If you look back over the last 3 years you'll see that they have not done this, as stated by Rat Fink.
This company is expanding worldwide. They need to in order to be competitive. The trick is can they do this without it eating them up.
Last month TYYG swapped shares with MJNA. They must think the shares have a future value right?
7,500,000 shares changed hands in the last 8 trading days.
I have been on this one since 12/12/16
Yes, someone gambled $100 on the stock. Maybe this speculator saw the spike in price when Koo mentioned medical marijuana a while back. With many states legalizing it for recreational use, maybe he thinks something will be said again. By the way, that person is NOT me!
They have still not given MDNT shareholders their promised shares -class action lawsuit coming? I wrote FONU 3 weeks ago asking about those shares. They never replied.
Hedge funds! See todays 8k
Thanx guys!
When will MDNT shares be exchanged for FONU? Anyone know what's happening?
FINALLY: "The social commerce platform is currently on hold. Given the Company’s current emphasis on development of the studios, rental equipment activities and other activities relating to the movie industry, the social commerce activities of the Company are not considered a priority at this time."
From yesterdays 10Q. What have I been saying? Maybe management does read these posts!
No, best thing Jake and Roger could do now, would be to sell out to a real company that has some assets and would want to do the deal...
If they do that without giving us MDNT shareholders out FONU shares first...
FONU shares long overdue! Anyone know when we are going to get them?
Financing with Limited Partners might be the way to go. Could do it for the Studioplex, or one LP deal per movie. Whatcha think?
The whole company now has a market cap of $1 million, (10,000,000,000 X .0001 dollars per share). I wonder how many shares "poo" owns? Is there any way control could be taken away from this bastard?
Over $3 now!!
Do you think Jake reads these posts?
You are totally wrong
I bought fonu at .025 with the hopes of it going higher. I think it will eventually....maybe in 3 years. The reality is very much the same as supporting your favorite charity. I am NOT in favor of that bs, but it looks like this is exactly what it is *boiling down* to....UNFORTUNATELY.
I hope I am totally wrong!
This stock will never trade again. The BOD have all left. Shapiro is going to wind up the company as shown in recent PR's.
See post 53712:
Two things left:
- receiving fonu shares as dividend in a month or so.. hopefully. .
- receiving dividends from Yellow revenue after release. . No one knows when.. new trailer was just released a week or so ago...
May I add that those shares are a liquidating dividend. The dividends from Yellow revenue after release will only be paid if they exceed the debt that Moon River has on its books from Yellow.
I agree tonyo.
No not suspended. You can buy all you want, but you can't sell any. That's because nobody wants to buy any.
Check out the new 8K!
I agree. Remember, the Snake owns 40 million preferred shares of MDNT. They get preference on all wind-up proceeds.
FT. LAUDERDALE, FL--(Marketwired - Dec 10, 2014) - FONU2 (OTCBB: FONU) (OTCQB: FONU) announced today that it has signed a definitive agreement to acquire Studioplex City LLC, for 2,500,000 shares of FONU's Series B Preferred Shares ($1.00 par value), convertible at a price of $0.10 per share. FONU also announced the appointment of Mr. Jake Shapiro, as Chairman of the Board of Directors.
The Snake owns those shares too. WATCH OUT.
MOVING UP!!
How many dilution shares is this going to cost us?
MARCH 9, 2015 Report!!
"Market having a trouble digesting the business model."
Especially when the company continues to hold on to the dream of Social Networking. They need financing for movies, but also need money to continue the networking side of the business, which loses money. They got rid of the collectibles enterprise and should also dump this and go full at it making movies.
Quit blowing smoke before someone blows the whistle.
If price of gold goes up this company could make $$$$!
Re Market Spy
Yes it does have revenues. Go to this link: http://www.otcmarkets.com/stock/EMLL/financials
Re Drugdoctor 9060
Please study the social media section! So far I see nothing different or proprietary about it. Nothing that isn't currently being done by Alibaba,Facebook,Ebay etc.
I have seen stocks that represent a specific movie or play. The public can buy these and share in the profits that are made. How about if we issue one for each movie we make, thus reducing our risk while enabling us to keep some profit from it. This is better than toxic financing and or share dilution. Right?
Why keep losing on Social Commerce?
From the Feb 19, 2015 10Q:
The Company still believes that its Social Commerce website offers potential for future income. However, this application requires significant further investment to commercialize this operation. The Company is reviewing a number of potential synergistic acquisitions that could benefit from the social marketing platform.
With total revenues of $343,453 last year, how can justification be given to spend large sums of money to keep this website going?
The Company made the right move divesting itself of the comic book and collectibles business. Why not do the same here and go full bore with the movie business?