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I hope nobody stayed up late hoping to see it trade on the frankfurt exchange.
Got a response to my question "How long does that $605 bottle of spray last you?" - regarding Sativex & GW Pharma.
for $605 you get 3 vials x 90 sprays per vial. they tell you to use up to 12 sprays a day! total usage from 3 vials is 23 days at a standard dose, they say to increase if needed too. you have to be a millionair to be able to use it all the time! no as i stated above ... i have it but i cant use it!
Speaking of GWPharma - one of my correspondents in Great Britain announced they just got a bottle of Sativex, cost them £375, $605 US.
In the plus column, MJNA is not going to lose 80% of its value because 4 of it's nuclear reactors are melting down, with 6 more standing by waiting to go off if one of the 4 goes.
I don't buy bud I can't sniff.
My nose knows. I should insure my nose.
So when does the 'April Fools' press release come out?
Or has it already?
man you need to chill and relax dude
Yes, the company has pretty much nothing but a name, however, it is entirely possible they have received substantial assets from a private company that wants to go public via a reverse merger, though I doubt these very mysterious assets are worth as much as alleged.
It does seem if these recent announcements were on the up-and-up they would name names.
The one asset they may have of value (if they ever got it working) is their seed to patient tracking system, which is now required in Colorado.
are you in this stock at all?
Excuse me, I don't recall asking your opinion about what I should do.
play the game and be on your way.
Marijuana is being dressed up very nicely for America to have it legal in all states.
Do you know anything about Andrea Barfwell? She was the one that thinks someone gagging with nausea from chemo should stick a suppository up their butt and wait an hour to see if it works.
Did Dr. Ounce mention that she was former head of the ONDCP?
http://www.drugwarrant.com/articles/andrea-barthwell-snake-oil-salesman/
Canada has less than 10,000 medical marijuana patients: http://www.hc-sc.gc.ca/dhp-mps/marihuana/stat/_2010/jan-eng.php
You wanna talk about hype? Talk about those canadian so-called activists who never passed one piece of legislation at any level of government but seem to think they're god's gift to the movement.
I am getting really sick and tired of seeing HESG pumped here.
No, and there is none between MJNA and PCIO that I know of, other than they were both Perlowin.
Wednesday
I wish to hell they'd name names.
Debt-free? This is the first time I've seen that.
The firm expects to generate more than 40 million every year from the debt-free income producing property from HDDC.
http://topnews.net.nz/content/213310-medical-marijuana-inc-benefits-merger
Myself, I suspect this year's 420 blitz is just beginning.
You obviously have Obama confused with someone who cares.
Obama doesn't care. Don't you remember how he ignored the "making change" questions, and dissed people who use the internet?
I'm sure there must have been a point to that, but damned if I have a clue what it is.
This financial crisis: http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929 ?
RCA wasn't it?
That's some guru.
closed up twenty five cents at closing.
$0.0777?
Speaking of synchronicity, what does it mean if it closes up $0.0666?
The 2005 Tashkin study conducted at UCLA concluded that marijuana smokers are less likely to have cancer than non-smokers. Look it up. It was designed to be the definitive study proving that marijuana caused cancer by the government's leading propagandist.
And then there's the Missoula Study. You ever hear of the Missoula Study? Or Irv Rosenfeld? He smokes 11 ounces a month.
If they're actually acquiring revenues of $40M per year, and showing a profit, then their financials are better than CANA, and so $4.20 is entirely possible, but I don't think by April 20.
I really hesitate to say that, but it is a fact. The announcements are exceedingly vague...
In their favor, I expect this enterprise is turning a profit, if it is real. That cannot be said for CANA, who recently announced that for the year ending 31 Dec 10 their cost of sales exceeded their revenue (~7.7M) and at their current burn rate they'll be out of cash in 8 months.
On the other hand, as I said before, CANA is ~80M shares while MJNA is about ~250M, and MJNA is probably about to double to ~500M issued and outstanding with ~600M authorized.
If the business is clinics, CANA has shown that their medical clinics (which write recommendations) give a much better net return than WeedMaps ... or pretty much any other ancillary business.
I can't help but suspect this is a huge, over-the-top, pump. But if it isn't ... if, if, if, if, if.
I expect it to hit $0.42 by April 20.
This is not based on anything except ... potential synchronicity.
Thanks for posting Level II screens. Much appreciated.
Whoever it is, if they're telling the truth about the revenue, that's over 5 times the revenue CANA just declared (~$7.7M) in their annual report (filed last week) for the year ending 31 Dec 2010.
However, CANA has only ~80M shares issued and outstanding whereas MJNA has ~250M, so any earnings-per-share valuation comparisons would need to take that into account.
Excuse me, I never said MJNA was a dispensary.
And I am exceedingly aware of their software, and that they have an agreement with CMSI to provide transaction service, and it appears that since CMSI couldn't deliver - well, that does seem to be what CannaBank is all about.
I have some private emails (not very flattering to MJNA) from one of their developers.
I'll put it this way, if I had a dispensary I would not trust my financial services and records to a company that has a "limited information" rating on OTCMarkets with the following explanation: "Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. "
Don't hold your breath.
I realized this after I posted the message, so I erased my comment. Then I saw someone had replied to the now non-existent comment, so I put it back even though some of you may decide I'm an idiot because of it.
my point was that a sell would not be a short cover, because a short cover is a buy, not a sell.
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Who has revenue of $40 million/year?
Nobody I know of. Steve DeAngelo's Harborside is the biggest dispensary in the state of California with max revenue of $28 million. The only thing I can think of that might be taking in $40 million would be Paul Stanford's empire:
The Hemp and Cannabis Foundation, founded in 1999, operates offices in nine states. According to its website, it has helped more than 100,000 patients obtain state permits for medical marijuana.
It lost its federal tax-exempt status last year.
http://www.kmtr.com/news/local/story/Broker-of-marijuana-licenses-faces-tax-charges/13oOIOGBBEm9_ySZ0cV_fg.cspx
"The state said in 2005 that we should transfer to for-profit status because the business is not non-profit. It's still an Oregon non-profit, but I'm in the process of transferring assets into a new for-profit Nevada corporation," Stanford said.
http://www.mjbusinessreport.com/wires/article.cfm?id=oyhuunxhrudtvqr
Medical Marijuana Inc (PINKSHEETS: MJNA) has completed an agreement with the Hemp Deposit Distribution Corp (HDDC), a Delaware based Co., d/b/a CannaBANK.
http://www.streetinsider.com/Press+Releases/Medical+Marijuana+Inc+Completes+Merger+With+CannaBANK/6385793.html
Could those sells starting at 14:27 be shorts covering?
I'm gonna guess it'll hit 0.16 by the bell.
I guess I should start a pool, pick your numbers, place your bets.
With a nice solid floor at 0.105-0.110.
I believe that qualifies as 'news'.
Good news.
What is "Our World Health Organization"?
Back in Sep 2009 this was their "charity":
My job is to empower people, and specifically (because of another model) empower women. 40% of our profits goes to The Global Family and WE (Women Empowerment) because their job is to make sure this wealth goes all over the world to create a thousand millionaire women, who will create a thousand millionaire women each, and then they take over the world in what’s known as a global coup, but it’s really a coochie coo..
That doesn't necessarily represent one trade. I've traded before, and looked for it on IHub, and discovered it was rolled up in one of those line items. The line items may represent trades by MMs, but not by individual.
Not saying it wasn't one buy, but seeing a figure in IHub trades doesn't mean it was one buy.