Sound to good to be truth ... Keep your words , that first credit you don't have it ... Can't do anything!!!

I teach my kids , have to keep your words ! Kids ...

Need to share this!!!!FNMA

To bad , Does money of investors have fun and peace time around ??? EXPU??? Sell now? Good time???

There are cash hunger in MJNA ... Look ... Eat all the cash!!!

The book is cleaning , when the promising fail ...Expu sell sell sell

NEW HOME SALES (will release at 10:00 AM )
Briefing.com Updated August 21, 2013

Unlike existing home sales, which showed an unexpected downturn in June, new home sales increased for a third consecutive month. Sales rose 8.3% in June to 497,000 from a downwardly revised 459,000 (from 476,000) in May. The Briefing.com consensus expected sales to increase to 483,000.Sales in June were the most since 504,000 new homes were sold in May 2008.Inventory levels increased 1.3% from 159,000 in May to 161,000 in June.
The large increase in sales, however, dented the supply to 3.9 months. That ties for the lowest level of supply since October 2004 and is well below a 6.0 months' supply that builders try to keep during normal selling conditions.
The lack of inventory should keep upward pressure on new construction of single-family homes.
There is some concern that new home sales will not continue on their current torrid pace. Recent increases in mortgage rates may have caused potential buyers to rush into the market sooner than they anticipated out of fear that mortgage costs would increase further in the near future. This near-term surge may have pulled forward some sales that would normally have come in August or September.
The existing home data did not give a clear picture if the above scenario is currently occurring, but it is definitely a large probability and something to watch out for.
The median new home price increased 7.4% y/y in June to $249,700.
New home prices have risen at a faster rate than comparable existing home prices. As a result, the new home price premium is near historical highs. Until prices drop, the new home sector will lag the general housing recovery.

New-Home Sales in U.S. Climbed More Than Forecast
http://www.bloomberg.com/video/new-home-sales-in-u-s-climbed-more-than-forecast-a~Psnk20TPW7kIyybni57w.html

Sales of new U.S. homes rose more than forecast in June to the highest level in five years, a sign builders are benefiting from a lack of supply of existing properties. Michael McKee reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)

Is MJNA a scam?OR not?DTC chill Why???"Medical Marijuana" or the "Company" is a penny stock company run by criminals and alleged fraudsters

http://www.hotstockmarket.com/t/273824/is-mjna-a-scam

Charges were filed against Health Sciences Group Inc. (HESG), Nationwide PharmAssist Corp., Redfin Network Inc. (RFNN), VHGI Holdings Inc. (VHGI) and their chief executives for their involvement in various schemes. The SEC also charged five Florida-based stock promoters, alleging that they also played roles. ....Chairman Bruce Perlowin stated, "Since HEMP is an important part of the Marijuana industries, using this superior paper helps to emphasize its importance and we will later announce the date when our stock certificates will be available in hemp paper so that shareholders will have the opportunity to order stock certificates from our transfer agent."
Medical Marijuana Inc was also paid 200,000,000 shares (pursuant to SEC Rule 144) of Health Sciences, Inc. (HESG) for Marijuana industry consulting services provided to HESG. http://www.pincherplays.com/forums/viewtopic.php?f=9&t=96


Investors should be wary of companies whose executives have been jailed, according to Finra’s alert, which gives the example of an unnamed chief executive officer who spent nine years in prison for running one of the largest drug-smuggling operations in history. Bruce Perlowin, CEO of Las Vegas-based Hemp Inc. (HEMP), said he thinks the regulator is talking about him and that it’s “absurd” to criticize him for his experience dealing marijuana.
“That’s not a negative, nor is it something I’ve ever hidden,” Perlowin said in a phone interview. “It means I know marijuana, I know logistics. I ran one of the largest marijuana smuggling operations in the history of the U.S.”

http://www.bloomberg.com/news/2013-08-20/medical-marijuana-spawning-pump-and-dump-scams-finra.html

We support Michael as he addresses his personal matters and look forward to his involvement with MJNA upon the successful conclusion of those issues. In the meantime, the future for MJNA has never looked brighter and we fully expect to continue executing on our business plan," states Mr. Caligiuri. "With the successful launch of our CBD line of products, the increased production of our hemp-based CBD oil and the positive performance of our other portfolio companies we are confident that MJNA will continue to thrive during this management transition.

http://www.medicalmarijuanainc.com/index.php/press/22-press-releases/2012-press-releases/177-medical-marijuana-inc-announces-that-interim-president-and-ceo-michael-llamas-is-taking-a-leave-of-absence-from-the-company

Under Colorado law, people with felony convictions aren't allowed to work in the medical marijuana industry at all and are precluded from taking part in the newly created recreational pot industry for at least a decade.

Fortunately for Keber, the more serious charges didn't stick -- and when we spoke with him last week, he said he didn't have any cocaine in his possession.

However, Keber owned up to having the THC on him. He chalked up the incident to a mistake in judgment.

A short time later, Keber struck a deal in court: He pleaded guilty to misdemeanor marijuana possession, resulting in a two-year probationary sentence that includes random drug and alcohol testing. Keber says he's required to phone in daily and take a test whenever he's told to do so.

If all goes well, the charges will eventually be wiped from his record. Keber says he's two weeks into the "cleanse" and is feeling great.

http://blogs.westword.com/latestword/2013/06/tripp_keber_dixie_elixirs_marijuana_possession_alabama.php




Chronically Criminal: Shielding The Public From Medical Marijuana
http://seekingalpha.com/article/1187411-chronically-criminal-shielding-the-public-from-medical-marijuana

This is not a first time MJNA have to lift DTC and Yield sign , thing happened for a good reasons , MJNA keeps do it again and again ... UnClear ??? Wait then !!!!

Because , We don't want "Inside Selling" and "Issue more Share"... To much unclear thing gonna happen... Maybe connected with Hesg Fraud ...SEC is investing HESG
" FOOTHILL RANCH, CA--(Marketwire - March 25, 2010) - Medical Marijuana Inc (PINKSHEETS: MJNA) is proud to announce the licensing of its clothing line, the future use of hemp paper for its stock certificates, the receipt of payment for consulting services provided to Health Sciences, Inc., and more.

The company entered into an agreement with a small public company (to be named in future press release) that will market a clothing line licensed by MJNA. MJNA shareholders will receive approximately 1 restricted share as a dividend of that OTC Markets company based on each 2 MJNA shares now held by MJNA shareholders.

Chairman Bruce Perlowin stated, "Since HEMP is an important part of the Marijuana industries, using this superior paper helps to emphasize its importance and we will later announce the date when our stock certificates will be available in hemp paper so that shareholders will have the opportunity to order stock certificates from our transfer agent."
Medical Marijuana Inc was also paid 200,000,000 shares (pursuant to SEC Rule 144) of Health Sciences, Inc. (HESG) for Marijuana industry consulting services provided to HESG. "

http://www.pincherplays.com/forums/viewtopic.php?f=9&t=96

--------------------

* I hold my $$$ on the side line for now!!!!

FHFA Should Develop Policies to Govern Settlements, Report Says
By Dakin Campbell - Aug 22, 2013 12:01 AM ET

The Federal Housing Finance Agency should develop a formal review process for settlements that levy fees on lenders or take away their right to service home loans, according to a report from its watchdog.
The agency, which oversees government-backed mortgage firms Fannie Mae (FNMA) and Freddie Mac (FMCC), should have more formal policies to govern how it decides what banks must pay for missing foreclosure timelines and other actions, according to a report from the agency’s inspector general, Steve Linick. The FHFA agreed to enact the conclusions.
The report examined the FHFA’s review and approval of the $11.7 billion agreement between Bank of America Corp. and Fannie Mae. The accord was designed to resolve most mortgage disputes between the two entities, and involved the bank paying $3.6 billion in cash, $6.75 billion to buy back residential loans sold to Fannie Mae, and $1.3 billion in fees for taking too long to assist or foreclose on overdue borrowers.
“There are several opportunities for improvement that FHFA might wish to consider,” according to the inspector general’s report. “The most important would be the development of procedures for settlements of compensatory fee claims and significant MSR transactions.”
The report said FHFA agreed with the inspector general’s findings and committed to establishing guidelines for fees of more than $50 million and servicing-rights transfers by Jan. 31.
To contact the reporter on this story: Dakin Campbell in New York at dcampbell27@bloomberg.net
To contact the editors responsible for this story: David Scheer at dscheer@bloomberg.net; Christine Harper at charper@bloomberg.net

http://www.bloomberg.com/news/2013-08-22/fhfa-should-develop-policies-to-govern-settlements-report-says.html

Powerball Investing: Fannie and Freddie
By Alexander MacLennan | More Articles
August 21, 2013 | Comments (1)


Admit it: You've dreamed of winning the lottery at some point in your life. Everyone knows, or at least everyone should know, that the statistical odds are against lottery players since the lottery itself wants to see a profit. For the 174.999999 million out of 175 million of us who don't have that winning powerball ticket, there are alternative ways to play a market of chance where the odds are not necessarily rigged against you. For this edition of Powerball Investing, we will take a look at two stocks that were once, ironically, considered among the safest in the entire market: Government sponsored entities Fannie Mae (NASDAQOTCBB: FNMA ) and Freddie Mac (NASDAQOTCBB: FMCC ) .

Giant profits, giant losses, and giant profits again
Fannie and Freddie were once highly profitable Wall Street darlings that conservative investors were told to park their spare cash in. Banks loaded up on GSE preferred stock since it paid reasonable dividends, and after all, everyone said it was the safe thing to do. Everything was running along smoothly until the mortgage market began to collapse and the government stepped in to rescue Fannie and Freddie from financial catastrophe.

Fannie and Freddie were delisted from the NYSE, fell to around $0.30 per share, and lived up to the title of zombie stocks as they issued more and more preferred stock to the Treasury. But even a zombie isn't completely dead. When the GSEs began to post profits again (even though the Treasury was getting them all because of the Sweep amendment), Fannie and Freddie rose back into the $1 range. Now both GSEs are reporting several billion in profits per quarter, yet still trade in the $1 range on the over-the-counter exchange.

http://www.fool.com/investing/general/2013/08/21/powerball-investing-fannie-and-freddie.aspx

If Home Sales Can Handle Higher Rates, So Can the Fed.
"Existing Home Sales Spike in July," blares the headline from the National Association of Realtors. The organization's enthusiasm is understandable as the latest data shows the pace of home buying in July not only came in better than expected and at the best level since November 2009, but more importantly rose in the face of sharply higher borrowing costs.
Beyond the 17% annual gain in sales, the NAR also reports that the median price for used homes rose nearly 14% to to $213,500, marking the 17th consecutive month of annualized gains, and leaves the benchmark just 7% shy of its all-time high set in July 2006.
[Click here to check home loan rates in your area.]
In the wake of this evidence, and the certainty that the Fed will soon began to reel in its $1 trillion annual asset purchase program (perhaps as early as next month), a huge obstacle in the way of higher interest rates has just been moved......
http://finance.yahoo.com/blogs/breakout/home-sales-handle-higher-rates-fed-150434726.html

Las Vegas, NV -- (SBWIRE) -- 08/22/2013 -- Federal National Mortgage Association (OTCBB:FNMA) also recognized as Fannie Mae has launched their sale of $4 billion of new five-year benchmark notes on Wednesday, August 21st 2013, according to Mr. Thomson, an IFR in Reuters service.

The notes are projected to settle down on August 23rd, 2013 and are due on September 18th, 2018. The 1.875% notes that are due on September 18th, 2018, were evaluated at 99.827 to yield 1.911% over comparable Treasuries. The Barclays Capital, Citigroup Global Markets, and JP Morgan & Co are the lead executives of the sale.

Fannie Mae provides stability to support services in the secondary mortgage market in the United States. The company securitizes mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities.

http://www.sbwire.com/press-releases/updates-on-federal-national-mortgage-association-otcbbfnma-311659.htm

That's why Billionaires start investing in FNMA. Now is time ???!!!
http://www.streetinsider.com/Analyst+Comments/Fannie+Mae+%28FNMA%29+Issues+Surprise+Jump+in+Q3+Refi+Volume+Forecast/8627110.html?si_client=st

WASHINGTON (MarketWatch) -- Home prices climbed a seasonally adjusted 0.7% in June, and increased 7.7% from the same period in the prior year, the Federal Housing Finance Agency reported Thursday. The data is compiled using only mortgages backed by Fannie Mae and Freddie Mac . For the second quarter, home prices were up 7.2% from the year-earlier period, the fastest growth since 2006.

http://www.marketwatch.com/story/us-house-prices-up-07-in-june-fhfa-2013-08-22

Consumer-Finance Agency Chides Mortgage Servicers

WASHINGTON--The mortgage industry, despite scrutiny following the "robo-signing" foreclosure scandal, is still making missteps in handling home loans, a federal regulator said Wednesday.

The Consumer Financial Protection Bureau said in a report that it has found numerous ongoing issues in the mortgage-servicing business, ranging from problems in helping troubled homeowners to payment-processing errors and provision of information about loan changes.

The review comes as the new federal regulator prepares for broader oversight of the mortgage industry, set to begin in 2014, and sets the stage for areas in which the regulator plans to press for industry changes.

The report "highlights both the mortgage-servicing problems throughout the industry and the challenges of making sure that nonbanks are following federal law," CFPB Director Richard Cordray said in a statement. "Fixing both is a priority."

Mortgage servicers were swamped by a deluge of foreclosures during the housing bust and were criticized for not doing enough to respond. Lenders have reached multibillion-dollar settlements with federal and state regulators over industry practices, including the use of "robo-signers" to sign thousands of foreclosure documents they had not personally verified.

Starting in January, the CFPB will police bank and nonbank mortgage companies for compliance with detailed standards on how loan servicers must treat mortgage customers. Before the CFPB's creation more than two years ago, those standards didn't exist.

The CFPB said examiners found mortgage companies failed to tell consumers when their mortgage was transferred to another servicer, paid property taxes late, kept disorganized records and provided inconsistent and conflicting communications about loan-assistance programs.

The agency didn't disclose companies it cited for violations and said it addressed some of the problems through private negotiations with mortgage companies. The regulator said it opened investigations for potential legal actions "when appropriate."

David Stevens, chief executive of the Mortgage Bankers Association, said the CFPB's report "highlights a weakness of the previous regulatory structure" in which some institutions were regulated at the federal and state level, while others had no oversight.

Mr. Stevens said it would be more instructive to examine the industry's ability to comply with the CFPB's new standards, something that requires a "massive amount of change management."

The regulator also found that nonbank lenders were a particular source of problems. Many lacked formal written policies for following federal consumer laws, the regulator said.

Other government officials have highlighted similar problems in the mortgage industry. In June, the independent monitor overseeing a landmark $25 billion foreclosure-practices settlement said Bank of America Corp., J.P. Morgan Chase & Co., Citigroup Inc. and Wells Fargo failed to comply with key pieces of the March 2012 settlement.

New York Attorney General Eric Schneiderman said in May that he might sue Bank of America and Wells Fargo for allegedly failing to fully live up to the national settlement's requirements, which include responding to struggling borrowers in a timely fashion.

A spokesman for Mr. Schneiderman said Wednesday his office hasn't filed suit against the banks but plans to do so.

Representatives of J.P. Morgan Chase and Citigroup declined to comment, while Wells Fargo and Bank of America didn't respond to requests for comment.

--Andrew R. Johnson contributed to this article.

-Write to Alan Zibel at alan.zibel@dowjones.com

The agency, which oversees government-backed mortgage firms Fannie Mae (FNMA) and Freddie Mac (FMCC), should have more formal policies to govern how it decides what banks must pay for missing foreclosure timelines and other actions, according to a report from the agency’s inspector general, Steve Linick. The FHFA agreed to enact the conclusions.

The report examined the FHFA’s review and approval of the $11.7 billion agreement between Bank of America Corp. and Fannie Mae. The accord was designed to resolve most mortgage disputes between the two entities, and involved the bank paying $3.6 billion in cash, $6.75 billion to buy back residential loans sold to Fannie Mae, and $1.3 billion in fees for taking too long to assist or foreclose on overdue borrowers.

“There are several opportunities for improvement that FHFA might wish to consider,” according to the inspector general’s report. “The most important would be the development of procedures for settlements of compensatory fee claims and significant MSR transactions.”

http://mobile.bloomberg.com/news/2013-08-22/fhfa-should-develop-policies-to-govern-settlements-report-says.html?cmpid=yhoo

http://www.pincherplays.com/forums/viewtopic.php?f=9&t=96

I think they all came from same school ... I still hold my shares that make them happy ....99

There was a connection (PR) at that time .Penny-Stock Crackdown Sweeps Up Four Florida Micro-Cap Companies - SEC

Aug 14, 2013 18:41:48 (ET)


By Kristin Jones

Four Florida-based micro-cap companies were the latest to be charged in a crackdown on "penny stock" schemes in the region, the Securities and Exchange Commission said.

Lightly traded stocks of tiny companies are a common target of scammers. Prosecutors and law-enforcement officials lately have stepped up their investigations into people suspected of manipulating penny-stock prices in an effort to make a quick profit.

Charges were filed against Health Sciences Group Inc. (HESG), Nationwide PharmAssist Corp., Redfin Network Inc. (RFNN), VHGI Holdings Inc. (VHGI) and their chief executives for their involvement in various schemes. The SEC also charged five Florida-based stock promoters, alleging that they also played roles.

The SEC outlined several schemes involving the stocks. Health Sciences and Nationwide PharmAssist were accused of arranging to pay kickbacks to fund managers in return for their purchase of stock. Redfin and VHGI were alleged to have arranged to pay bribes to hype the companies in order to create a false sense of activity in the market.

Representatives from the companies couldn't immediately be reached for comment.

"Interested only in lining their own pockets, these company officers and promoters used underhanded tactics to cheat investors and manipulate penny stocks," said Eric I. Bustillo, who directs the SEC's Miami regional office.

The commission is seeking financial penalties and the payback of ill-gotten gains as well as bars against the executives and promotors. Parallel criminal charges were filed against the nine individuals accused of involvement.

Write to Kristin Jones at kristin.jones@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

August 14, 2013 18:41 ET (22:41 GMT)
------------------------------------------------------
SEC Announces Charges Against Florida-Based Penny Stock Schemes
FOR IMMEDIATE RELEASE
2013-155 Washington D.C., Aug. 14, 2013 — The Securities and Exchange Commission today announced the latest charges in a joint law enforcement crackdown on penny stock schemes with ties to the Florida region.
The SEC charged two microcap companies, their CEOs, and one penny stock promoter for spearheading illegal kickback schemes. The SEC also charged two other microcap companies, their CEOs, and four other promoters with arranging the payment of bribes to hype the companies in which they had a stake in order to create a false sense of market activity and illegally generate stock sales.

“Interested only in lining their own pockets, these company officers and promoters used underhanded tactics to cheat investors and manipulate penny stocks” said Eric I. Bustillo, Director of the SEC’s Miami Regional Office. “Their utter disregard for investors underscores the importance of stamping out microcap fraud.”

The SEC has worked closely with the U.S. Attorney’s Office for the Southern District of Florida and the Federal Bureau of Investigation’s Miami Division to uncover the penny stock schemes. Parallel criminal charges were announced today against the same nine individuals facing SEC charges.

The SEC has now charged 40 individuals and 24 companies in this series of penny stock investigations. The first actions were announced in October 2010.

The SEC’s complaints filed today in U.S. District Court for the Southern District of Florida charged the following penny stock companies and officers:

Health Sciences Group (HESG) formerly based in Indian Harbour, Fla., and now based in Newport Beach, Calif.
President and CEO Thomas Gaffney of Satellite Beach, Fla.
Nationwide Pharmassist Corp. based in Boca Raton, Fla.
CEO and Chairman Stephen F. Molinari of Boca Raton, Fla.
Redfin Network (RFNN) based in Fort Lauderdale, Fla.
President and CEO Jeffrey L. Schultz of Fort Lauderdale, Fla.
VHGI Holdings (VHGI) based in Fort Worth, Texas
CEO Douglas P. Martin of Wellington, Fla.
The SEC’s complaints charge the following penny stock promoters:

Mark Balbirer of Pompano Beach, Fla.
Jack Freedman of Fort Lauderdale, Fla.
Richard P. Greene of Davie, Fla.
Peter Santamaria of Coconut Creek, Fla.
Sheldon R. Simon of Palm Beach Gardens, Fla.
According to the SEC’s complaints, one of the schemes (Health Sciences Group/Gaffney) involved an arrangement to pay an undisclosed kickback to a pension fund manager in exchange for the fund’s purchase of restricted shares of stock in the company. Two other schemes (Nationwide PharmAssist/Molinari and Balbirer) involved agreements to pay undisclosed kickbacks to hedge fund principals in return for their funds’ purchase of restricted shares.

The SEC’s complaints allege that other schemes involved the arrangement of inducement payments by officers or promoters of penny stock companies to coordinate the manipulation of their stock. Those who arranged the payment of bribes to create fictitious market movement were Redfin Network/Schultz, VHGI/Martin, and promoters Greene, Santamaria, and Simon. In his scheme, Freedman arranged to pay an undisclosed bribe to a stockbroker who agreed to purchase a microcap company’s stock in the open market for his customers’ discretionary accounts.

The SEC’s complaints allege that the companies, officers, and promoters violated Section 17(a)(1) of the Securities Act of 1933, and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5(a) and/or 10b-5(c). The SEC seeks financial penalties, disgorgement of ill-gotten gains plus prejudgment interest, and permanent injunctions. The SEC also seeks penny stock bars against each of the officers and promoters, and officer-and-director bars against Gaffney, Martin, Molinari, and Schultz.

The SEC’s investigation was conducted in the Miami Regional Office by senior counsels Trisha D. Sindler and Michelle I. Bougdanos under the supervision of assistant regional director Chedly C. Dumornay. The SEC’s litigation will be led by Patrick R. Costello and Andrew Schiff. The SEC appreciates the assistance and cooperation of the U.S. Attorney’s Office for the Southern District of Florida and the FBI’s Miami Division.
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539776014#.UhWTPRvrxOz
----------------------------------------------------------

Con artists are taking advantage of the legalization of medical marijuana to lure investors into buying stock in weed-related companies, regulators said.
The scammers may be promoting the shares, then selling them to gullible investors in what’s called a “pump-and-dump” scheme, the Financial Industry Regulatory Authority said today in an e-mailed statement. The companies are touting their growth potential as more states allow pot for medical or recreational use, Wall Street’s self-funded regulator said.
Enlarge image Medical Marijuana Spawning Pump-and-Dump Stock Scams, Finra Says
Scammers may be promoting the shares, then selling them to gullible investors in what’s called a “pump-and-dump” scheme, the Financial Industry Regulatory Authority said today. The companies are touting their growth potential as more states allow pot for medical or recreational use, Wall Street’s self-funded regulator said. Photographer: Brent Lewin/Bloomberg
“We’ve seen a rise over the last couple of months in marijuana-related potential stock scams,” Gerri Walsh, Finra’s senior vice president for investor education, said in a phone interview. “We often see with these stock-fraud scams that the next big thing, the cons tend to circle around.”
Walsh said that she couldn’t say which companies attracted her suspicion because Finra has a policy of not discussing potential cases it refers to other regulators. Investors should compare the contents of press releases and promotional e-mails to the companies’ financial statements, she said.
Washington and Colorado legalized the drug for recreational use in November. Eighteen states and Washington, D.C., allow the medical use of marijuana and 11 permit sales through dispensaries, according to the Denver-based National Conference of State Legislatures. National legalization has the potential to start a $35 billion to $45 billion a year industry, according to Bloomberg Industries.
‘Absurd’ Criticism
Investors should be wary of companies whose executives have been jailed, according to Finra’s alert, which gives the example of an unnamed chief executive officer who spent nine years in prison for running one of the largest drug-smuggling operations in history. Bruce Perlowin, CEO of Las Vegas-based Hemp Inc. (HEMP), said he thinks the regulator is talking about him and that it’s “absurd” to criticize him for his experience dealing marijuana.
“That’s not a negative, nor is it something I’ve ever hidden,” Perlowin said in a phone interview. “It means I know marijuana, I know logistics. I ran one of the largest marijuana smuggling operations in the history of the U.S.”
Stock in Perlowin’s company, which sells hemp vitamins, candles and sexual enhancers, jumped to 10 cents a share in February and traded for 1.5 cents at 2:30 p.m., giving it a market value of $17.3 million. The company had $426,000 in revenue in the first quarter, according to OTC Markets Group Inc. (OTCM), owner of the marketplace where the stock trades.
Pot Kiosks
“These are real products,” Perlowin said. “I’m the biggest investor in hemp out of my own pocket.”
Medbox Inc. (MDBX), which sells secure kiosks that can dispense marijuana, dropped 17 percent to $31.05 as of 2:30 p.m. in New York following Finra’s alert. After the stock spiked as high as $215 a share in November, the company put out a statement warning investors that the price might not be justified.
Bruce Bedrick, CEO of the West Hollywood, California-based firm, said today in a press release that he approves of Finra’s warning.
“There are companies and individuals that prey on investors looking to enter this fast-growing market,” Bedrick said. “We want these fly-by-night operations out of our industry, and support any regulatory authority in calling attention to the problem.”
Medbox generated $3.53 million of revenue last year.
To contact the reporter on this story: Zeke Faux in New York at zfaux@bloomberg.net
To contact the editors responsible for this story: Christine Harper at charper@bloomberg.net; David Scheer at dscheer@bloomberg.net

http://www.bloomberg.com/news/2013-08-20/medical-marijuana-spawning-pump-and-dump-scams-finra.html

Hesg gets investigate at that period time , MJNA may get in to it ... Hope not , but by chance ... It gets worst

MJNA - Medical Marijuana, Inc.
Postby Mav5x5 » Thu Mar 25, 2010 7:05 am

MJNA closed yesterday at .18 on 52,500 shares traded.

SOURCE: Medical Marijuana Inc

Mar 25, 2010 07:20 ET
Medical Marijuana Inc Licenses Clothing Line and Will Provide Hemp Paper to Its TA for Stock Certificates and Provides Other News

FOOTHILL RANCH, CA--(Marketwire - March 25, 2010) - Medical Marijuana Inc (PINKSHEETS: MJNA) is proud to announce the licensing of its clothing line, the future use of hemp paper for its stock certificates, the receipt of payment for consulting services provided to Health Sciences, Inc., and more.

The company entered into an agreement with a small public company (to be named in future press release) that will market a clothing line licensed by MJNA. MJNA shareholders will receive approximately 1 restricted share as a dividend of that OTC Markets company based on each 2 MJNA shares now held by MJNA shareholders.

Chairman Bruce Perlowin stated, "Since HEMP is an important part of the Marijuana industries, using this superior paper helps to emphasize its importance and we will later announce the date when our stock certificates will be available in hemp paper so that shareholders will have the opportunity to order stock certificates from our transfer agent."
Medical Marijuana Inc was also paid 200,000,000 shares (pursuant to SEC Rule 144) of Health Sciences, Inc. (HESG) for Marijuana industry consulting services provided to HESG.

MJNA's licensee will reveal its clothing line at the upcoming San Diego Seminar March 27. To get ahead of the learning curve and join the exploding cannabis industries, buy your tickets to the San Diego Symposium at http://www.medicalmarijuanaeducationalexpo.com/

Medical Marijuana Inc's Symposium on Saturday follows in the footsteps of the San Diego City Council 3-2 vote deciding to pursue a Medical Marijuana Ordinance rather than impose a moratorium on Medical Marijuana dispensaries.
MJNA's Chairman Bruce Perlowin will be interviewed on Saturday at the San Diego Convention Center Symposium by the Latin Television Network, Televisa, the largest media company in the Spanish speaking world. The show will be aired nationally in Mexico on April 8, 2010.

Medical Marijuana Educational Seminars
Additionally we will be launching and teaching an entirely New Business Opportunity for Anyone wanting to get into the Medical Marijuana industry that until recently did not exist. An entrepreneurial opportunity that is faster to get up and running and earning income; one that is safer than opening a collective dispensary or grow operation with all the shifting laws and unsure and unstable battling political environments, and one you can open in any state regardless of where that state is in the legalization process.

These kinds of seminars are filled with people wanting to learn how to enter the Medical Marijuana Business. Therefore, we will be presenting our ground breaking new Medical Marijuana Institute Educational Center business opportunity where the licensed Center owner receives 60% of the ticket sales and a percentage of all products & services offered through them by licensor MJNA. You can extrapolate what your earning potential could be and how many Medical Marijuana Institute Educational Centers will open in cities All Across America in 2010.

Medical Products Division
Medical Marijuana Inc is developing and acquiring proprietary products for the pharmacological marketplace. The company is instituting medically based research to eventually formulate medical products that can clear the FDA approval process. Though this is a futuristic goal and the medical approval process is a lengthy one, various stages of progress on medicinal properties will be made public over time.

Other Cannabis and Hemp related products that do not require FDA approval are being considered by this new Division of MJNA for public marketing. Progress reports will also be regularly made on the development of these products that may foster health and wellness benefits. All products require certain studies be formally conducted in order to make claims of any benefit so derived and the Company's Medical Products Division will be so charged with evaluation and study.

Solutions
Medical Marijuana has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that provides the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.

Tax Collection
The Stored Value Platform System provides verifiable solutions to manage the difficult task of revenue and taxation collection. The provisional patent pending Stored Value Platform System is further described at: http://www.MedicalMarijuanaInc.com/index/html

Scientific Research and Development
MJNA acquired 20 acres of land in the mountains of Southern California in order to develop a research facility targeting medical cannabis strains specific to a wide range of medical conditions. By diligently developing the most efficacious strains and matching those strains to ailments, such as glaucoma, MJNA is poised as the industry leader in medical cannabis genetic research.

About Medical Marijuana Inc
Medical Marijuana Inc (PINKSHEETS: MJNA), the first US public company in the cannabis industry to have its shares traded in the US stock market, recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought Medical Marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities while engaging in compassionate socio-economic models.

Forward-Looking Disclaimer
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties.
http://www.pincherplays.com/forums/viewtopic.php?f=9&t=96

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PS : This was on MJNA and HESG PR. That why I bough HESG and MJNA.

I will buy back when it @ 8c

DTC , Yield sign ..MJNA learned same lessons , took same song , MJNA management makes investors walked away and still have a Warning sign on their stock :

http://www.otcmarkets.com/stock/MJNA/quote

Mjna has a lot of ??? Unclear ... GLWa....wait on side line ... Too many time have to remove DTC ...suck

Medical Marijuana Spawning Pump-and-Dump Scams: Finra
By Zeke Faux - Aug 20, 2013 2:49 PM ET

Con artists are taking advantage of the legalization of medical marijuana to lure investors into buying stock in weed-related companies, regulators said.
The scammers may be promoting the shares, then selling them to gullible investors in what’s called a “pump-and-dump” scheme, the Financial Industry Regulatory Authority said today in an e-mailed statement. The companies are touting their growth potential as more states allow pot for medical or recreational use, Wall Street’s self-funded regulator said.
Enlarge image Medical Marijuana Spawning Pump-and-Dump Stock Scams, Finra Says
Scammers may be promoting the shares, then selling them to gullible investors in what’s called a “pump-and-dump” scheme, the Financial Industry Regulatory Authority said today. The companies are touting their growth potential as more states allow pot for medical or recreational use, Wall Street’s self-funded regulator said. Photographer: Brent Lewin/Bloomberg
“We’ve seen a rise over the last couple of months in marijuana-related potential stock scams,” Gerri Walsh, Finra’s senior vice president for investor education, said in a phone interview. “We often see with these stock-fraud scams that the next big thing, the cons tend to circle around.”
Walsh said that she couldn’t say which companies attracted her suspicion because Finra has a policy of not discussing potential cases it refers to other regulators. Investors should compare the contents of press releases and promotional e-mails to the companies’ financial statements, she said.
Washington and Colorado legalized the drug for recreational use in November. Eighteen states and Washington, D.C., allow the medical use of marijuana and 11 permit sales through dispensaries, according to the Denver-based National Conference of State Legislatures. National legalization has the potential to start a $35 billion to $45 billion a year industry, according to Bloomberg Industries.
‘Absurd’ Criticism
Investors should be wary of companies whose executives have been jailed, according to Finra’s alert, which gives the example of an unnamed chief executive officer who spent nine years in prison for running one of the largest drug-smuggling operations in history. Bruce Perlowin, CEO of Las Vegas-based Hemp Inc. (HEMP), said he thinks the regulator is talking about him and that it’s “absurd” to criticize him for his experience dealing marijuana.
“That’s not a negative, nor is it something I’ve ever hidden,” Perlowin said in a phone interview. “It means I know marijuana, I know logistics. I ran one of the largest marijuana smuggling operations in the history of the U.S.”
Stock in Perlowin’s company, which sells hemp vitamins, candles and sexual enhancers, jumped to 10 cents a share in February and traded for 1.5 cents at 2:30 p.m., giving it a market value of $17.3 million. The company had $426,000 in revenue in the first quarter, according to OTC Markets Group Inc. (OTCM), owner of the marketplace where the stock trades.
Pot Kiosks
“These are real products,” Perlowin said. “I’m the biggest investor in hemp out of my own pocket.”
Medbox Inc. (MDBX), which sells secure kiosks that can dispense marijuana, dropped 17 percent to $31.05 as of 2:30 p.m. in New York following Finra’s alert. After the stock spiked as high as $215 a share in November, the company put out a statement warning investors that the price might not be justified.
Bruce Bedrick, CEO of the West Hollywood, California-based firm, said today in a press release that he approves of Finra’s warning.
“There are companies and individuals that prey on investors looking to enter this fast-growing market,” Bedrick said. “We want these fly-by-night operations out of our industry, and support any regulatory authority in calling attention to the problem.”
Medbox generated $3.53 million of revenue last year.
To contact the reporter on this story: Zeke Faux in New York at zfaux@bloomberg.net
To contact the editors responsible for this story: Christine Harper at charper@bloomberg.net; David Scheer at dscheer@bloomberg.net

http://www.bloomberg.com/news/2013-08-20/medical-marijuana-spawning-pump-and-dump-scams-finra.html

Big promise take long time to do it , same way with FnF...4,5 years from now?

I just bough a house , I want a house and It's a good time to do it ....Fannie Mae Self-Serving: Warns of Fed Tapering Risk as GDP Grows
Posted: August 21, 2013 at 9:45 am

When just about all the new conventional mortgage-backed securities that can be created and sold are being purchased by the Federal Reserve, it should be no surprise at all that the primary securitization outlet has a warning about what would happen if a Fed tapering begins to take place. This is the case in the latest Fannie Mae economic and housing outlook from the Federal National Mortgage Association (FNMA). Fannie Mae said that the economy has gained steam but that the expected Fed tapering is a downside risk to growth.

Fannie Mae’s Economic & Strategic Research Group is forecasting that the economy and housing market will remain on track, with gross domestic product (GDP) expected to come in at approximately 2.0% in 2013. The new outlook puts 2014 GDP growth at 2.6% as the fiscal drag is waning. While companies like Walmart and Target are lowering retail sales expectations, Fannie Mae is maintaining that consumer spending and the employment sector appear to be growing sustainably.

Again, Fannie Mae is adding that the growth measures “may help to offset downside risks from the expected tapering of the Federal Reserve’s securities purchases.” As a reminder, Fannie Mae is a government sponsored entity (GSE), so some consider it the government even if that is not entirely true.

Fannie Mae’s August outlook is little changed from July. It says on the tapering effect and the risks:

The biggest risk to this forecast is the expected reduction in the Federal Reserve’s asset purchases, which would likely put additional upward pressure on interest rates and lead to some volatility in capital markets. Although the nature and timing of the tapering are still to be determined, we continue to expect the Fed will scale back its asset purchases and end the program by spring. In addition, we may see some fiscal tightening this fall as the debate over federal spending and the debt ceiling takes place.

Fannie Mae projects that the additional growth in the housing market recovery is expected to be modest rather than robust. It points out that the rise in mortgage rates has led to a drop-off in refinance activity but does not appear to have had much impact on home purchase activity so far. On home prices it said:

Home prices are expected to continue to climb, although the pace should slow significantly from the dramatic levels seen during the past 12 months.

Jon C. Ogg



Read more: Fannie Mae Self-Serving: Warns of Fed Tapering Risk as GDP Grows - 24/7 Wall St. http://247wallst.com/economy/2013/08/21/fannie-mae-self-serving-warns-of-fed-tapering-risk-as-gdp-grows/#ixzz2ccNnzOCp

To Big to fail and To Big to Fixed ... Take long time to do it . FnF like 70 yrs old man , hard to tell them what to do , just help the man .... Buy buy buy

All this good number will be on FNMA Q3 ...buy buy buy ...Grosfeld: Home Data May Appear Better Than They Are

Aug. 21 (Bloomberg) -- James Grosfeld, former chief executive officer of the homebuilder now known as PulteGroup Inc., talks about the housing market and mortgage regulation. Grosfeld speaks with Tom Keene, Sara Eisen and Alix Steel on Bloomberg Television's "Surveillance." Gina Martin Davis, a strategist at Wells Fargo Securities LLC, also speaks. (Source: Bloomberg)

http://www.bloomberg.com/video/grosfeld-home-data-may-appear-better-than-they-are-y0X5AissR6K0k6c5OsKjKA.html

I have more than that , wait for more... No PR sell sell sell

Sell sell sell ...now EXPU ???PR???sell sell sell

Las Vegas, NV -- (SBWIRE) -- 08/20/2013 -- Federal National Mortgage Association (OTCBB:FNMA)plans on selling new five year benchmark notes.

The notes that are due on 18th September, 2018, will be sold by Fannie Mae through joint lead managers Barclays Capital, Citigroup Global Markets, and JP Morgan & Co. The issue amount and the date of sale have not been announced yet.

Fannie Mae and Freddie Mac are two leading U.S home funding sources which were brought under conservatorship in 2008. The companies faced severe financial crisis after which government sponsored them. Fannie Mae and Freddie Mac return the loan in dividends.

http://www.sbwire.com/press-releases/federal-national-mortgage-association-otcbbfnma-plans-to-sell-new-5-year-benchmark-notes-309508.htm

Federal National Mortgage Association : Fannie Mae Sees U.S. Economic Growth on Track
08/21/2013 | 10:06am US/EasternRecommend:
0
Fannie Mae (FNMA) said its full-year forecasts for both the economy and housing market remain on track, as economic growth continues to gain momentum despite a slow start to 2013.

The mortgage-finance company backed its expectations for gross-domestic product growth, continuing to predict about 2% growth for 2013 and 2.6% growth for 2014.

Fannie said the housing recovery continues and manufacturing and business investment are rebounding, helping to boost growth. Additionally, consumer spending and the employment sector appear to be growing sustainably, Fannie said, which may help offset any financial tremors caused by the expected tapering of the Federal Reserve's securities purchases.

"Our macroeconomic and housing forecast shows very little change from July, and the steady pickup during the past few months validates our expectations for the second half of the year," said Doug Duncan, Fannie's chief economist.

He said the biggest risk to the forecast is the expected reduction in Federal Reserve asset purchases, which would likely pressure interest rates higher and lead to some volatility in capital markets.

"Although the nature and timing of the tapering are still to be determined, we continue to expect the Fed will scale back its asset purchases and end the program by spring. In addition, we may see some fiscal tightening this fall as the debate over federal spending and the debt ceiling takes place," Mr. Duncan said.

Write to Ben Fox Rubin at ben.rubin@wsj.com

http://www.4-traders.com/FEDERAL-NATIONAL-MORTGAGE-6383239/news/Federal-National-Mortgage-Association-Fannie-Mae-Sees-U-S-Economic-Growth-on-Track-17206490/

Good work FnF :
http://www.4-traders.com/FEDERAL-NATIONAL-MORTGAGE-6383239/news/Federal-National-Mortgage-Association-News-Release-Economy-Picks-Up-Steam-Housing-Recovery-17206446/

http://www.fanniemae.com/portal/research-and-analysis/emma.html

US Home Sales Hit 5.39M in July, Highest Since ’09
August 21st, 2013
House-For Sale

By CHRISTOPHER S. RUGABER, AP Economics Writer

WASHINGTON (AP) — U.S. sales of previously occupied U.S. homes surged in July to a seasonally adjusted annual rate of 5.39 million, approaching a healthy level for the first time since November 2009. The spike in home sales shows housing continues to drive the economy.

The National Association of Realtors says sales jumped 6.5 percent from a 5.06 million pace in June. Sales are 17.2 percent higher than 12 months ago.

Home sales and prices have climbed since early last year, buoyed by steady hiring and historically low mortgage rates.

Mortgage rates have begun to rise in the past two months and could slow sales later this year. Higher rates may have encouraged some potential homebuyers to close deals.

http://www.wggb.com/2013/08/21/us-home-sales-hit-5-39m-in-july-highest-since-09/

Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research Group's full-year forecast for both the economy and housing market remains on track, with GDP expected to come in at approximately 2.0 percent in 2013 and to accelerate to 2.6 percent in 2014. Fiscal drag is waning, the housing recovery continues, and manufacturing and business investment are rebounding, helping to boost growth. Furthermore, consumer spending and the employment sector appear to be growing sustainably, which may help to offset downside risks from the expected tapering of the Federal Reserve's securities purchases.
http://ih.advfn.com/p.php?pid=nmona&article=58899047

Bloomberg's Alix Steel reports that Lowe’s saw second-quarter profit top analysts’ estimates and raised its full-year forecast as the housing recovery fuels spending on remodeling. She speaks on Bloomberg Television's "Bloomberg Surveillance

http://www.bloomberg.com/video/lowe-s-profit-reaps-benefits-of-housing-recovery-hBdwb_4jQyWgxGw~7sSNeQ.html


Bloomberg’s Joe Brusuelas discusses Home Depot's results and the implications for the U.S. housing recovery with Olivia Sterns on Bloomberg Television’s “Money Moves.” (Source: Bloomberg)

http://www.bloomberg.com/video/is-the-u-s-housing-recovery-gaining-momentum-8EDukUCZQNuYpxp9Gmx1VA.html

Thank for reading my post,here some more : The problem is we are still going to be hearing mostly "talk" rather than action.

Gardner believes getting the bill passed would be a tall order, as there is a long list of "must do" items in the fall calendar for the Senate, including weighing Federal Reserve nominations.

Moreover, "there is likely to be policy disagreements over how to wind down Fannie Mae and Freddie Mac, how long the transition period to a new system should last, the extent of the government's role in a new system (i.e., government back-stop), how roles of new system and the Federal Housing Administration (FHA) should track each other, and affordable housing programs," he wrote. "Any optimism over completing the task of passing GSE legislation may be premature but we think chances of passing a bill before 2015 are about to get a new boost."

-- Written by Shanthi Bharatwaj New York.

http://www.thestreet.com/story/12012069/1/fannie-mae-freddie-mac-reform-is-gaining-momentum.html

Does housing finance need reform? Yes. Do we need private capital to return? Of course. But the easiest and most sensible reforms would take advantage of what we already have — two companies that know how to handle credit risk — instead of trying something new and untested, purely because Fannie and Freddie are political poison.

In the meantime, we should be thanking Fannie and Freddie, instead of tearing them down.

David Brooks is off today.

http://www.nytimes.com/2013/08/13/opinion/nocera-dont-kill-fannie-mae.html

Aug 20, 2013, 5:47am EDT
Fannie Mae, Freddie Mac should recognize cost of bad loans immediately, watchdog says
Staff
Washington Business Journal
A report from the Federal Housing Finance Agency's inspector general says that D.C.-based Fannie Mae and McLean-based Freddie Mac are masking billions of dollars in losses because of the level of delinquent home loans they carry, Reuters reported.
The federal watchdog said the companies should be required immediately to recognize the costs of some bad mortgages. The report also said that the FHFA's timeframe for the mortgage finance companies to have up to two years to recognize the cost of mortgages delinquent at least 180 days was "inordinately long."
Read More at Reuters
Related links: D.C., McLean
Industries: Residential Real Estate, Banking & Financial Services
http://www.bizjournals.com/washington/morning_call/2013/08/fannie-mae-freddie-mac-should.html