I am not a financial consultant or work for a brokerage firm in the
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MJNA bounce off the .21 area but wondering where is bottom is Charts indicate .18 ....
.18 is coming !!!
What was that 2.2 million share sale ? Where did it come from ?
Almost
.50 was the highest for the year , it should settle around .18 or so. expansion and marketing dollars will eat them up . This has gone over 1000% over the past 12 months.....
.18 is coming
MJNA .18 coming !!
.002 on the way ???
We have to see what happens the next 2 weeks ... Should be up from here
I have seen in the past some stocks surge before a reverse split .....
The sledge hammer came in at .068 and .048 - at 03 but not 02 ... You are day dreaming
That is right see you soon at .18 cents
See ya' at .18 ..... Not long before you hear me say " I told you so "
Oh NO !! the sky is falling !!
It will have to break .068 if it does they run it...
CERP When is the big KABOOM !!
There is no way CERP is going to .17 ... IF it goes as high of .04 take your profits
Mason is more likely to be driving a 1997 Toyota Celica, not a Jaguar. LOL
eur , I believe you are correct with that statement "nobody knows " some claim here to have spoken to the CEO ....
I call CERP Headquarters and no word yet on any results from Friday's proxy voting
There is a Maverick coming and people are going to get sucked in then wiped out .....you need to know how to ride the wave
DUDE. You are wrong ...
They may be able to approve the R/S thru the BOD but I am not sure about the AS increase
Here are some contacts for CERP . Will call tomorrow and find out
Cereplast, Inc.
Public Relations
Nicole Robertson
(310) 615-1900 x154
nrobertson@cereplast.com
Investor Relations:
Alliance Advisors, LLC
Alan Sheinwald
914-669-0222
asheinwald@allianceadvisors.net
www.AllianceAdvisors.net
Valter Pinto
914-669-0222 x201
valter@allianceadvisors.net
www.AllianceAdvisors.net
The results and details of the meeting have not been announced to the public .....I would think that CERP will put out a PR on Monday
Some investors may have stop losses at .24 and it could tank MJNA much lower
It was voted for on April 5th and we should know the results soon
That is exactly the pattern so far and investors have caught up to it .... They may change their plan. IMO
You seem to be contradicting yourself with this statement but one thing I wanted to add is that is all speculation on what everyone says although some of you will nail it .
You said :
. I have no idea what the split will be, but it likely won't happen until additional shares have been issued. I've seen nothing in my 46 years that would indicate to me otherwise
My reply :
A reverse split does not have any effects on the stock !
Additional shares does !
Yes the chart screams a buy! But be careful because of the statement made by the CEO . Sell your profits on the way up so this way you can ride with some free shares just in case.
MJNA is making money but the the stock is way overvalued , I will keep on posting here regularly to prove my point that its on the way to . 18
You are wrong about the reverse split happening Monday .........
DILUTION ???
"We decided to repay the remaining debt in order to prepare us for an expected company acquisition in the coming months," stated Eric Montandon, the Company's chief executive officer. “The lifting of the DTC Deposit Chill at the same time is a very positive event for Infrastructure and its stockholders. We can now proceed to prepare Infrastructure for new business and possible acquisitions.”
Reverse Stock Splits
A reverse stock split reduces the number of shares and increases the share price proportionately. For example, if you own 10,000 shares of a company and it declares a one for ten reverse split, you will own a total of 1,000 shares after the split. A reverse stock split has no effect on the value of what shareholders own. Companies often split their stock when they believe the price of their stock is too low to attract investors to buy their stock. Some reverse stock splits cause small shareholders to be "cashed out" so that they no longer own the company’s shares.
A company’s board of directors may declare a reverse stock split without shareholder approval. Although the SEC has authority over a broad range of corporate activity, state corporate law and a company’s articles of incorporation and by-laws govern reverse stock splits.
If a company is required to file reports with the SEC, it may notify its shareholders of a reverse stock split on Forms 8-K, 10-Q and 10-K.
http://www.sec.gov/answers/reversesplit.htm
So are you making money here ? If so good .....
That is a BIG IF ......no update means more dilution and that is no IF
67 times earnings is what MJNA is at right now and they will make money but with a market cap of around 200 million cost are going up for marketing and expansion . That is why see it going lower after all MJNA was about 3 cents or lower this time last year. It will get to your target but in 2 years
MJNA high of .50 and has been tested twice .....now is at .27 50% down ..... Now look at MDBX did the same at 200 then down to 100 now at 20 .... MJNA may be down to .14 then back up to .27 to then settle around .20 ...
The next 2weeks should be very interesting .... Or better said gut wrenching
What is the sentiment here ?
1) Everything gets approve stock tanks even lower then PR comes out stock gains 200%
2) Some of the proposals gets approve stock trades side ways
PR is release stock gains 100%
3) everything is denied stock surges 200% then tanks
4) none of the above .