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HANGING ON BY A THREAD
GOING CONCERN
As reflected in the accompanying financial statements, we have an accumulated deficit of $15,605,190 at September 30, 2017, had a net loss of $5,140,898, and used net cash of $609,624 in operating activities for the nine months September 30, 2017. These factors raise substantial doubt about our ability to continue as a going concern .
WHITE PAPER REVENUE GUIDANCE - FAILED
Projected Metrics for December 31, 2017:
Total Users: 20000 FAILED
Total Dispensaries (brands not storefronts): 40 FAILED
Total Messages Sent: 100000 FAILED
• Break even revenues to monthly costs FAILED
TEW REPORTED ONLY 5000 MESSAGES SENT JANUARY 2018.
1/20 OR ONLY 5% OF BURKES 100,000 MSG PROJECTION
CITIZEN TOKE FAILED MISERABLY IN COLORADO.
MJTK UNPROFITABLE = DILUTION SH*TSTORM HEADING YOUR WAY
CITIZEN TOKE REVENUE IS NOT SUPPORTING OPERATIONS AS ADVERTISED BY TEW AND BURKE
THEREFORE : 12 BILLION A/S TO DRAW MORE MONEY FROM INVESTORS TO KEEP THE COMPANY FROM FILING BANKRUPTCY.
YOU ARE CONTINUING SUPPORT OF THEIR SALARIES AND BONUSES FOR FAILING TO DELIVER ADVERTISED BREAK EVEN REVENUE. THE PRODUCT CAN NOT CARRY THE COMPANY AS ADVERTISED.
SAY BYE BYE TO LOW TEENS
HELLO TRIPLE ZERO'S MONDAY
NO PATH TO BREAK EVEN.
ONLY PATH IS TO USE UP 12 BILLION A/S
NOTHING TO SELL TO SHARE HOLDERS BUT,
SNAKE OIL & MORE DILUTION
REVENUE PROJECTIONS GROSSLY EXAGGERATED
TEW'S BREAK EVEN WITH 20 DISPENSARIES A FARCE
BURKE'S WHITE PAPER A FARCE
CON ARTISTS STEALING YOUR MONEY TO LINE THEIR POCKETS
SEC INVESTIGATION - REQUIRED INTERVENTION
THE GREAT AWAKENING
Obviously, with this Scenario, MJTK will not see Break Even Revenue this Year.
Nothing but a Toxic Dilution Death Spiral in the NIOSTRADAMUS crystal Ball.
CT FAILED REVENUE PROJECTIONS in COLORADO
and cannot sustain operations.
SHORTIE was right about NOT holding into the weekend .
Just CRAZY people holding now.
MJTK RIP
Sheeple believing Boomtime Lie
Are in for a devastating REVERSE SPLIT
$55K / per month is their current monthly Burn Rate.
CT MICENUT REVENUE isn't going to save this sinking ship
This 8K is the GREAT AWAKENING
Another 20 MiLLiON T TRADE
Recent Trades - Last 10 of 79
Time ET Ex Price Change Volume
16:10:29 Q 0.000985 -0.000215 18,400,000
16:07:41 Q 0.001084 -0.000116 2,444,161
15:54:24 Q 0.0012 100,000
15:51:25 Q 0.0012 5,000
15:42:01 Q 0.0012 10,000
15:36:09 Q 0.0011 -0.0001 933,461
15:36:09 Q 0.0011 -0.0001 56,539
15:36:07 Q 0.0011 -0.0001 10,000
15:28:13 Q 0.0011 -0.0001 410,700
15:28:13 Q 0.0011 -0.0001 279,300
WHEN WILL THIS DILUTING PIG STOP ? JUNE ?
DILUTING TO JUNE AND BEYOND
MICENUT REVENUE
MAKING THIS DILUTION DREAM POSSIBLE
Citizen Toke ain't doing CHIT in Colorado
Bleezking Monday, 01/15/18 03:02:17 PM
Re: None
Post # of 58397
LOL... Has anyone been to Denver..? Or any place that sells cannabis in Colorado? MJTK = Citizen Toke ain't doing CHIT in Colorado.. I've been all over and this ticker isn't producing CHIT! GLTA..
I'm out!
I'll be going back in a month or so. I'll ask around again.. But I asked dozens of shops and nothing. All new shops I asked..
MJTK
BK
FOLLOWING A FAILED BITCOIN STRATEGY
over a week ago which I entitled ‘Bitcoin et al….look out below’ and to the annoyance of many crypto fans, I suggested that the price of Bitcoin was set to collapse once the technical support region at $10,000 had been taken out.
As expected this has duly occurred with Bitcoin now trading well below this level at $8,603 at the time of writing, but this is just the beginning with far more dramatic moves to come as this cryptocurrency, along with all the others, finds more natural levels of value in the single and double digit price areas. No doubt this will leave many very different emotions. A few of the early adopters will have made vast profits, whilst those traders and investors who jumped in late on FOMO (the fear of missing out) will now be regretting their decision, living in hope of a recovery to exit at breakeven, or more likely facing a rapidly increasing loss as they are now caught in the headlights of indecision.
For Bitcoin and many cryptos, prices are now set to fall driven by a variety of factors, not least the rising selling volumes coupled with the lack of buying volume, which in this market of supply and demand dictates everything.
So where next for Bitcoin? And the major technical support levels suggest a pause at $4,482 , followed by $2,779 and finally down to the $1,000 region. And once through this final level we then move back to three figures and ultimately to two or even single digit values.
Without Patent Protection
WORTHLESS with MICENUT REVENUE
Wait for 10Q and Load 5's
SUCKER PLAY WITH INFINITE SHARES TO DUMP
NIOSTRADAMUS
Another 20 Million T TRade Dump
Nobody hanging onto this crap heading into next 10Q
x Price Change Volume
16:10:39 Q 0.001084 -0.000216 9,805,947
16:09:42 Q 0.001109 -0.000191 11,000,000
15:59:55 Q 0.0012 -0.0001 10,000 ( Weak Paint Job )
15:59:32 Q 0.0012 -0.0001 20,000
15:56:48 Q 0.0011 -0.0002 48,650
15:56:11 Q 0.0011 -0.0002 275,000
15:49:22 Q 0.0011 -0.0002 26,500
15:44:10 Q 0.0011 -0.0002 1,000,000
NOTHING BUT A DILUTION PIG WITH MICENUT REVENUE
10Q DUE. MORE NOTES TO CARRY SHIP OF FOOLS
FRONT END LOOTERS UNLOADING BEFORE THIS EVENT
TRUTHERS ON THE RIGHT SIDE OF THIS TRADE
LOOK OUT BELOW, FLOOR FALLING OUT
NO ONE WANTS TO BE IN FOR THE 10Q
ABYSMAL MICENUT REVENUE
LETS SEE REAL DD TO SAVE THIS SINKING SHIP
WHERE ARE THE MESSAGES BEING SENT ?
WHO ARE THE 15 BRANDS SENDING ?
.001's PRINTING BOYS. HERE COME TRIPS AGAIN
LETS SEE REAL DD TO SAVE THIS SINKING SHIP
WHERE ARE THE MESSAGES BEING SENT ?
WHO ARE THE 15 BRANDS SENDING ?
SHEEP RUNNING TO THE SLAUGHTER HOUSE
12 BILLION A/S . INFINITE SHARES AVAILABLE
TEW CLAIMS 5000 MESSAGES BUT YOU NEVER HEAR ABOUT THEM
WHERE ARE THEY ? WHAT BRANDS ARE SENDING THEM ?
CAN YOU LIST THE 15 BRANDS SENDING MESSAGES ?
LET'S SEE SOME REAL DD BOYS !
Put in a Bid .0001
12 BILLION A/S GARAUNTEES IT !
MICENUT REVENUE
EVERYONE FORGOT, NO NEWS TEW BACK IN CHARGE
TEW CLAIMS 5000 MESSAGES SENT. SO....... WHERE ARE THEY ?
Something Real ? Kidding Right.
You haven't been around long enough to know nothing is Real Here.
Didn't Nio say " put in a bid for 12's, no problem getting them with a
12 BILLION A/S
NIOSTRADAMUS => REAL PROFIT
BILLIONS OF SHARES AVAILABLE
NO RUSH TO BUY .
CAN'T TRUST MJTK . FAKE PR'S LEADING TO THEIR OWN DEMISE.
PUT IN A BID @ 12, EASY TO GET WITH MICENUT REVENUE
Simple Concept to Replicate. No Patent Protection
Don't get your Hopes up
Shortie LOVES NON PERFORMANCE
Snoop Dog Laughing at Yew
The Truth Hurts
MJTK needs to accomplish stated goals to garner any TRUST or RESPECT
They currently have about 5 % with a LONG WAY TO GO
In the meantime....... 12 BILLION A/S to draw down over the next 10 years
SH*T STORM OF DILUTION COMING YOUR WAY TO KEEP THE WHEELS ON THIS BROKEN CART
With ONLY 5000 Messages sent over 6Months
How long will it take CT to Break Even with this slow rate of Growth?
Burke Predicted 100,000 Messages by DEC 31, 2017
but TEW only Reported 5000 ( UNconfirmed / UNverified ) messages Jan 2018/
If you extrapolate
5000 Messages over 6 months since the July Launch is only 5% of 100,000 message target
At this slow rate of growth ( 5000 messages over 6 months )
It will take 10 years to reach100,000 messeges.
Is that why the A/S was increased to 12 Billion Shares ?
To fund operations for years to come
Why was Burke's data so far out ?
He only achieved ( 5% of 100,000 message target )
How can someone be so far out on Company Projections and still have a Job ?
It looks like CT Clearly FAILED in Colorado.
If CT can't make it in a Mature market, such as Colorado, does it stand any hope in H3LL of making it in Nascent markets where weed sells itself ?
Why didn't TEW publish the names of the 15 Brands he claims to be engaged with in his last PR ?
Did some of the Big Players ( Livwell ) opt out ?
Looks like TEW's hiding this information for a reason.
[
Burn Rate / Cash Flow needed Still 40K/month?
With Tew back as CEO with 120K Salary ?
I would imagine Break Even is much higher now with Burkes Higher Salary, Tew ( back as CEO ) , Tyson and any support staff MJTK hired to keep CT live. .
Any idea of number of employees working at MJTK ?
Company Undermines itself with False and Misleading Claims of Break Even Revenue
TEW => Break Even with 20 Dispensaries @ 9:45
https://upticknewswire.com/michael-tew-ceo-for-cannasys-talks-banking-industry-verses-the-cannabis-industry-in-america/
BURKE => Break Even DEC 31, 2017 with 100,000 Messages
( TEW Reports only 5000 Messages in 2018 PR )
Projected Metrics for December 31, 2017:
Total Users: 20000 FAILED
Total Dispensaries (brands not storefronts): 40 FAILED
Total Messages Sent: 100000 FAILED
• Break even revenues to monthly costs FAILED
Obviously CT has FAILED to produce any meaningful Revenue in the Last six months and cannot support itself
5000 Meseges x 10 cents / 6 months = $83 . month
Break Even Reported by Denver Runner is $40,000 / month
A Massive Discrepancy . as the O/S Grows and Grows
The Company should STOP Producing Phoney Interviews and White Paper Roadmaps if they want to garner Share Holder support. Publish Something that is achievable and publish the Names of the 15 Brands they claim to be working with. Why hide behind a Veil ?
Where is actual 3rd Party verification of 5000 messages ?
YOU CANNOT BELIEVE REVENUE GUIDANCE FROM THIS COMPANY
BURKE ND TEW ARE EITHER TOTALLY INEPT AT WHAT THEY DO OR........
MJTK IS A SCAM
Buying Drying up. MJTK never holds gains
Easy to get 12's today, and tomorrow . This run is over.
12 BILLION A/S and MICENUT REVENUE gaurantees it.
DILUTERS FiLLiNG THE MJTK SWAMP
Shortie very sad to see Sheeple Flocking to the
SLAUGHTER HOUSE
THE FUNDAMENTALS ARE THE SHI*S
MM's ARE MANIPULATING a DILUTION STORM HERE.
HOPE YOU HAVE A CHAIR WHEN THE MUSIC STOPS
DON'T COME CRYING TO NIO WHEN THIS FALLS BACK INTO THE
TRIPS ABYSS
ANOTHER AH 4.5M TTRADE @ .0013
NON STOP DILUTION UP THE OL' KAZOO
16:09:48 Q 0.001379 0.000279 4,528,152
NO RUSH TO BUY . SUCKER PLAY
Another Phoney Block Chain Deal ?
FALLING KNIFE OVER A CLIFF
OINK OINK DILUTION PIG
DON'T GET SUCKED IN TO A DILUTION PIG
OINK OINK
THIS WILL DROP LIKE A ROCK
BURKE COMPLETLEY FAILED REVENUE PROJECTIONS
YOU CANNOT BASE YOUR INVESTMENT DECISIONS ON HIS PHONEY DOCUMENTS.
HE WAS REMOVED FROM HIS CEO POSITION FOR INCOMPETENCE.
DOESN'T HAVE A CLUE HOW TO ROLL OUT A SUCCESSFUL PROJECT
TOTAL SCAM SHELL WITH 12 BILLION A/S
Inflection must Equal Massive Dilution to Some
Wrong, You are NOT at Inflection.
Inflection is 40K / mo Break Even
You are at FAILED BURKES EXPECTATIONS IN COLORADO WITH NOTHING TO SUPPORT MJTK OTHER THAN MASSIVE DILUTION
GET USED TO IT
IT WILL TAKE BREAK EVEN REVENUE
NOT $83 MICENUT REVENUE
NO RUSH TO BUY UNTIL THEY ACCOMPLISH MORE THAN MICENUTS
TOO BAD TEW BLEW AFN BLOCKCHAIN DEAL
$ 25,000 LOSS AND FAILED DEAL SIX MONTHS AFTER IT WAS ANNOUNCED.
YOU JUST CAN'T TRUST TEW OR BURKE WITH THEIR INTERVIEWS , PR's , WHITE PAPERS.
NO RUSH TO BUY
THEY'RE DILUTING THE SNOT OUT OF MJTK.
BURKE IS EITHER REALLY BAD AT WHAT HE DOES
OR A CERTIFIED CON ARTIST WHO PUBLISHES FALSE AND MISLEADING INFORMATION.
NO RUSH TO BUY
LET DILUTION PERFORM IT'S MAGIC ON MJTK.
.0048 => .0009
You are Correct ! Moved this one down 85% in a couple of weeks.
DILUTION Moves Stocks in the OTC Sewers.
12 BILLION A/S . TEW IS SUCKING THIS DRY
AND WILL SURPRISE YOU WITH A REVERSE SPLIT ( SOON )
Just Keeping it Real
Why does Burke still have a Job ?
Any Project Manager who misses his Mark by 95 % would be given the BOOT the next day. in the REAL WORLD.
.
BURKE AND CT CLEARLY FAILED IN COLORADO
IF YOU CAN'T MAKE IT IN COLORADO, LET'S FACE IT, YOU'RE NOT GOING TO MAKE IT IN ANY OF THE OTHER MJ STATES.
ARE INVESTORS WILLING TO SUPPORT
TEW/BURKE FAIRY TALES WITH MEGA DILUTION ANY FURTHER ?
MY GUESS IS NO AFTER LEARNING ACTUAL NUMBERS.
LET'S SEE IF THEY VOTE WITH THEIR FEET NEXT WEEK.
LOWER LOWS EVERY DAY. TRIPS ARE HERE TO STAY
TRIPS ARE THE TREND UNTIL THEY ACTUAL PRODUCE SOME REALISTIC BREAK EVEN REVENUE. I HIGHLY DOUBT THAT WILL EVER HAPPEN.
THEY HAD THEIR CHANCE AND BLEW IT WITH INVESTORS.
JUST ANOTHER STINK PINK DILUTING PIG.
NOTHING SPECIAL HERE.
NO RUSH TO BUY
MORE AMAZING FACTS !
BURKE CLAIMS BREAK EVEN WITH 100 K MESSAGES BY DEC 31, 2017
TEW CLAIMS 5 K MESSAGES JAN 2018, ( ONLY 5% OF BURKES CLAIM )
TEW CLAIMS 15 BRANDS BUT DOESN'T PROVIDE BRAND NAMES FOR CONFIRMATION
BURKE'S WHITE PAPER
Projected Metrics for December 31, 2017:
Total Users: 20000 FAILED
Total Dispensaries (brands not storefronts) : 40 FAILED
Total Messages Sent: 100000 FAILED
•Break even revenues to monthly costs FAILED
5000 Messages x 10 cents = $500 / 6 months = $83 / Month Revenue
Light Years away from $40,000/ month Break Even
SORRY GUYS, YOU CAN TRY AND CUT IT ANYWAY YOU LIKE BUT =>
CT GROSSLY FAILED BURKES PROJECTION METRICS IN COLORADO