25 million shares in 1/2 hour...just sick volume

This company just gets stronger by the day

Good luck today to Charles Vest...he's such a great addition to the MJNA team.

breaking news huh?
first .08 then .98
don't be scared...go ahead, tell us what you you know

My day just got a whole lot better

MJNA

great news, thanks for the post. good DD

great post, couldn't agree more...

More speculation...no different than FINRA

To me, that statement creates a reasonable assumption that FINRA is saying MJNA is suspect...totally irresponsible IMO

Wouldn't FINRA be liable in using MJNA as an example of a MJ stock scam if it's not correct...isn't that defamation of character or something along those lines?

all the while touting for investors to do their DD...this is some kind of BS, the stock has dropped 7% since that alert came out.

is that Ted next to Steve?

Got get 'em slappy

I just watched this...IMO we will see an official act/statement relating to reclassification of MJ/mmj In the very near future.

You can't ignore the science any longer

I'm getting excited again. This company is the best place to be. Period.

Investor here since 2010...still here and not going anywhere

Ha...didn't think so

GL loading up, I'm sure we'll see your hourly pumps when you're ready

shareholders meeting today, right?

Thanks

ask the detective...here's his reply when I posed the question:

"Nope. I don't think it's sticky-worthy.

It's a simple marketing PR, and IMO, doesn't rise to the level that I consider worthy of my one opportunity to sticky a post.

It should be appearing in the news feed, but since it appears that MJNA has gone to a new news release company (accesswire), it's their responsibility to contact iHub to make sure that accesswire news is included in the iHub newsfeed."

Total BS if you ask me

Ok...are there any mods that can post this PR at the top?

Maybe we can remove the Elite Traders service alert and replace it with this update from the company. How does that sound?

can you please sticky the PR that was released today...I don't see where this was done yet

http://finance.yahoo.com/news/medical-marijuana-inc-portfolio-company-130800810.html

no argument here...

http://wqad.com/2013/07/22/hundreds-line-up-for-obama-opportunity-in-galesburg/

http://www.ucmo.edu/obama/?print=yes&;

total speculation, but with the PR's today and the California Democratic committee passing this legislation:
“THEREFORE BE IT RESOLVED, that the California Democratic Party requests: President Obama to allow the newly enacted marijuana legalization laws in Colorado and Washington to go into effect with no federal interference, and BE IT FURTHER RESOLVED, that the California Democratic Party asks President Obama to end the Department of Justice interference and raids by federal agencies in states with medical marijuana laws, and a comprehensive study be immediately undertaken to produce recommendations for reform of our nation’s marijuana prohibition.”
http://www.rawstory.com/rs/2013/07/22/california-democratic-party-tells-obama-to-halt-medical-marijuana-raids/

There could be something there

great PR...although, contrary to my last post, this doesn't give me the warm and fuzzies as to what the President might say in his speech tomorrow.
Both MJNA and HEMP released PR's today distancing hemp from marijuana

Bashers out = news
Like clockwork

Great news thanks for posting the links.
Calling out the administration...perfect timing, could force him to address the Feds stance. I hope so, it's well over due (and time to make some money)

The 15 million LOC was somewhat pre-negotiated with Lotus at the time the 2 million LOC was closed.

Don't know the status of either deal other than no S-1 was ever filed

Me too GV...Siri is where I got my seed money for MJNA.
Got in Siri at .07 in Feb 2009 and never looked back

IMO, MJNA will make Siri look like my kids piggy bank

Smile WB

Theses guys are trying to navigate in uncharted waters with a bullseye on their back
Like you've done, it's always good to question the actions of management when you feel things don't sit right...just remember why you liked this company just a few short months ago

mjna will come out on top

Yep

As a journalist, Go cover the shareholders meeting at the end of this month and ask your questions.

Reach out to the company...

What an informative article...thanks for posting Doc.
Good to have you back...love the freakin laser beams
Dixie and MJNA are awesome

"...what has changed?"

you have

I don't think he cares about credibility

Push for decrim. in DC

http://news.yahoo.com/blogs/news/marijuana-pot-legalize-washington-dc-150559263.html

great news...thanks for sharing. here's a link:

http://www.thedailychronic.net/2013/24491/congressmen-introduce-federal-bill-to-allow-banking-for-marijuana-industry/

I would agree with you...

I knew the 15million LOC was never signed...the 2million LOC was PR'd as closed but a S-1 was never filed. As I stated before, these were deals done while ML was CEO and for whatever reason could have been tabled when he stepped down.

I don't know if the shares related to these LOC's are still reserved by the company for future use...what I do know is they have never been publicly registered as such.

I'd love to get a SH update from the company...there's a mountain of possibilities out there that need clarifications

Yes, official word from the company as per their latest 10-K...


We are currently not in good short-term financial standing. We anticipate that we may only generate any limited revenues in the near future and we will not have enough positive internal operating cash flow until we can generate substantial revenues, which may take the next two years to fully realize. There is no assurance we will achieve profitable operations. We have historically financed our operations primarily by cash flows generated from the sale of our equity securities and through cash infusions from officers and outside investors in exchange for debt and/or common stock.

Dilution is a necessity for these types of companies; I know you understand this and to ignore/deny it is, well let's just say it sheds a certain light on you.

It's a necessary step...the quicker it happens the better for the company and shareholders

...Why would they care about SEC rules and Regs now if they weren't preparing for uplisting, there's no other reason to fix any of it.

Bingo...great question to ask PSR, and a logical assumption

Side note: the original signed LOC with Lotus Capitol was for $2million (to be used as a reserve for new Dixie X products)
Certain Terms were also agreed to at that time for an additional $15million LOC if needed but imo not signed. This was all done while llamas was president and the status of these deals is unknown...or at least I can't find any updates.