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Unfortunately and don't like to admit it but man enough to
Monest and others have been correct this entire time on this downhill trend
I don't understand how they haven't made any or enough capital with the extraction machine or cannabis sales yet if they have started selling
I assumed that would help fund some build out but.......
The financials will tell all soon
Dilution at its best but the trading activity keeps it propped up
Very odd I'm sure someone is or will be looking into it soon
Very odd trading activity with this one
Wonder if someone will be looking into it soon
Might be looking to break ground soon
LV dispensary ?
Did they raise the A/S ?
But no marijuana licenses ?
Sad for the bag holders
Interesting link
Talks about mjna and Llamas
http://www.forbes.com/sites/nathanvardi/2014/03/26/high-times-inside-the-pot-stock-bubble/
Sure hope largest shareholder doesn't get a felony
That could be disastrous for mjna's future
When is the llamas case scheduled for ?
I wonder what the success rate on convictions in federal cases are, I bet pretty high
With the possibility of mjna not being allowed to enter the marijuana business in the future this is the definition of a bag holder stock
Barely any bids coming in
This is a turd waiting to drop imo
The PR stated LV dispensary will be operational this summer
Can't wait, should be breaking ground soon for construction
I think I will be planning a vacation to Vegas soon
And what happened to the marijuana insurance business ?
hemp business ?
Been almost a year now since they claimed they would have a license
A true laughing stock amongst the industry
Sad for the shareholders that are left
You will be very very happy starting this summer
That's all I will say for now
Good luck to all
My 1 post for the day
Ah hope the irony is not lost
Medical marijuana inc might never sell any marijuana in the future
Kind of like starting a company named bob's autos and selling only motorcycles
Sobering thoughts
Hope those pet CBD meds and chewing gum is doing well for them
If they can't pass the background checks for future business this thing might drop like a turd when investors realize the sobering truth of the possibility of no future in the mj industry
Great name though !
Depends what you mean involved
Many posts have stated his company HDCC is a large shareholder in MJNA
If true the outcome of his case could have a huge impact on MJNA
Think about it.
IF he or his company are large shareholders in MJNA and IF he gets a felony conviction, that would make it very hard for MJNA to acquire any licenses to do anything with marijuana
Maybe they don't have any intentions to do anything with marijuana in the future and are content making hemp CBD products.
Theres a link posted today where the individuals are named
Might be a dagger in the heart of MJNA if large shareholders become or are felons
Do you think this is the reason why they haven't attempted going into the marijuana business ?
Sobering thoughts for investors as most I assume don't care about there CBD products and were investing in the possibility of them entering the marijuana business, which is why the market cap is so bloated
Lots of shareholder value could be lost if that is not in the future. Might drop like a turd
Time will tell
Unfortunately they might have to stay in the hemp CBD world
If he does get a felony or if any other shareholder in MJNA with a felony owns more than 10% this will most likely keep mjna from entering the marijuana business
Great DD
In most states if a company wants to enter the marijuana business it has to disclose all shareholders who own more than 5-10% and those shareholders cannot be felons
Are they felony charges?
Does he or a company owned by him own more than 5-10% shares of mjna ?
Are there charges against the individuals ?
What charges ?
Scary to think their products have always been legal this whole time so I guess not much will change in future
I feel bad for the bag holders but maybe they can sell the name of company one day
That is a good idea maybe one of the BOD can write the United Nations about this injustice
Can they sue the United Nations also ?
You can't stop them from achieving nothing
Because it is a joke like this company
Good luck suing the government, great strategy
Omg everyone got FITXed out of their money
Many have sold their shares
This stock has gone from .10 to subpenny for a reason
Are you saying FITX doesn't own any part of CEN at the moment ?
Why, does FITX not own any part of CEN biotech ?
Wow if that's the case that would make FITX absolutely worthless in my opinion but if they still own part of CEN then it's completely relevant
And what the CEO and FITX did last year is completely relevant also
He should be held accountable
This is a stock that has misled shareholders from beginning and is trying to do it again
Enjoy the dead cat bounce but this thing is going to triple zeros in my opinion
.0009
So you are saying FITX or CEN biotech never promoting launching an insurance business for medical marijuana companies ?
I suggest doing more dd that is all
Do some dd big A
They launched an insurance service for medical marijuana companies months ago
What happened did they can that idea ?
Just like everything announced months ago but never executed
Soon it will be years most likely without execution either
How's the insurance angle working out lol ? How many clients have they signed up ? I'm guessing 0
Too bad spin off will turn out like zoning
Not going to happen imo
More pipe dreams
The CEO in 2014 of FITX completely misled shareholders and left them bagholders
He apparently sold shares while implying others to buy
Flashing L2 posts on Facebook implying huge bids and saying Etrade is trying to buy shares
Taking selfies around the world and country implying business is being done but unfortunately no execution happened
FITX #1 bagholder stock
What happened to no zoning issues ?
Does the tunnel have correct zoning?
More like World largest flop
FITX #1 pipe dream stock
I can see why the cannabis community has no respect for this company
It reminds me of a parasite that attaches to a host
The host being the marijuana industry
MJNA being the parasite
Doubtful a spin off will be approved
It will probably turn out like zoning did for FITX
This is rated the #2 bagholder stock in all stinky pinky land
Death spiral in effect