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"they are getting sued for $100 million dollars"
LOL, I showed that report to my sis, a lawyer BTW, and showed her the PR about the suit, she laughed, saying only, "so they are going to sue a Non-Profit over what looks to be a well researched, referenced, and footnoted Investigative Report? They'll be lucky to get it past the 1st motion to dismiss let alone collect a dime on it."
To me, the fact that MJNA put out such a bloviating PR about the suit signals a degree of desperation.
"it's a slam dunk", ROTFLOL, there is no such thing as a "slam dunk" in civil litigation--especially Business Litigation.
LOL, "this lawsuit has nothing to do with trtc"...
Sure, that must explain why TRTC lists the lawsuit in their latest 10Q, ROTFLOL!!!!!!!!!
"TRTC is rolling in assets, with 5 mil cash and 25 mil shares in reserve. "
ROTFLOL, TRTC is flashing a big bankroll only due to all of the debt financing they tapped, lots of warrants and other convertible debt chicanery showing in the fins.
WOW, that report pretty much wipes the lipstick completely off of this operation.
Party to, involved in, suit against, it's just a parsing of terms, the fact is though, ANY party in a lawsuit can be ruled for, or against, just as ANY party in a lawsuit stands an equal chance of winning or losing their argument, the other fact is that litigation can be very expensive and very perilous for all parties involved, that's why any involvement in even one case is usually not a good sign, especially for a startup biz.
Perhaps MJNA has kept the "Snake Oil" label on their website as some form of "truth in advertising", then again, could just be a Freudian slip. LOL
So MJNA has stopped selling Snake Oil?, when did they stop offering it, after all they do still show it on the website?
MJNA selling Snake Oil, why am I not surprised?
Allinder is still working on the chill, its just been delayed due to the Chinese New Year--it caught Tom completely by surprise, LOL
ROTFLOL!!!!, the majority of shorts reported on that site are not actual short positions, they are trade gaps, the real short numbers are released bi-weekly and are available on otcmarkets.com, there hasn't been much of any real short volume on MJNA in a very long time.
RFMK never traded as ERBB, that is a completely different Nevada Corp/entity.
I emailed Mark Woodward @ The Oklahoma Bureau of Narcotics and asked him specifically about the products that MJNA is supposedly selling there, I asked if they were aware of them and asked if they have done any testing of the products to confirm compliance with the state laws, Ill try to post any answer I get.
Im still waiting for Ms Shuman to show up and buy RFMK like she said she would, LOL, I see she's still promoting her empty Nevada Corp shell as a $100M operation, LOL.
Yeah, it will be just like when RFMK acquired InboundmarketingPR and all of it's millions $$$$ of accounts, $$$$ which mysteriously never found their way to RFMKs coffers, not even a penny of them, oh, but of course Inbounds liabilities and employee found their way onto RFMKs books though, LOL, there is nothing to merger, RFMKs equity structure is completely tapped out, and ol' Tommyboy has structured this operation for a RS, its just about at the wash/rinse cycle of the typical pink sheet pump and dump scheme, and let us not forget, Allinders only expertise is in penny stock promotion/pump and dump.
That's exactly what the FINRA bi-monthly short interest report provides, and the reason it is even published in the first place, as those numbers clearly show, there is almost no short interest in MJNA stock, when that "days to cover" ratio gets over 2, then your beginning to see some meaninfull shorting, hope that helps.
ROTFLOL!!!, The ONLY accurate source for the actual short numbers for MJNA is the FINRA bi-monthly report, they are the Regulatory agency charged with tracking trades, and the agency which the Broker Dealers are required by law to report their trades to, and as for the debate, there is none, it's regularly stated here that there are large short positions in MJNA, and the actual and real data proves that to be false, the data clearly shows minimal short interest in MJNA.
I gotta side with FINRA, the Regulator, for the short metrics on MJNA, or any other security they oversee, otcshortreport knows that the data they use includes a lot of meaningless statistical noise, but it fits the agenda of their website, you will notice that they purposely don't revise their statistics to the actual short numbers when FINRA releases the bi-monthly report, the real statistics on MJNA, as reported by FINRA, shows that the short interest in MJNA is next to nothing.
ROTFLOL!!!! otcshortreport does not provide accurate short info, they get their numbers from the daily report, which FINRA themselves say is not an accurate gauge of actual short interest, that's why FINRA publishes the actual numbers, the 1's I provided here, in a bi-monthly report.
What Shorts??? Theres been pretty much zilch short interest for at least the last 1/2 year...
Short Sales
Date/ Short Interest/ % Change/ Avg. Daily Share Volume/ Days to Cover/ Split/ New Issue
Jul 31, 2014/ 1,463,781/ -5.80/ 2,850,057/ 1.00/ No/ No
Jul 15, 2014/ 1,553,846/ 9.73/ 3,675,961/ 1.00/ No/ No
Jun 30, 2014/ 1,416,110/ -59.35/ 3,098,087/ 1.00/ No/ No
Jun 13, 2014/ 3,483,377/ 1.87/ 3,202,771/ 1.09/ No/ No
May 30, 2014/ 3,419,460/ -3.03/ 3,298,683/ 1.04/ No/ No
May 15, 2014/ 3,526,301/ -13.02/ 3,367,768/ 1.05/ No/ No
Apr 30, 2014/ 4,053,930/ -12.21/ 9,492,049/ 1.00/ No/ No
Apr 15, 2014/ 4,617,569/ 2.99/ 10,626,583/ 1.00/ No/ No
Mar 31, 2014/ 4,483,633/ 9.19/ 10,169,223/ 1.00/ No/ No
Mar 14, 2014/ 4,106,440/ 18.76/ 14,263,020/ 1.00/ No/ No
http://www.otcmarkets.com/stock/MJNA/short-sales
I said only that that piece is a MJNA advertisement, PERIOD! as for the subject of the ad, the disclaimers at the bottom of the PR pretty much say it all:
That's also a PR, ie. advertisement, published by MJNA.
What's so huge about it, it's a mention on a show, and media network for that matter, which has no measurable audience.
I think RFMK has attracted 2 new Levs here, last 1 was stuck about 3+ years.
ROTFLOL, RFMK has been talking mergers and buyouts for years, and RFMK has even less to offer a potential suitor today than it had even a few months ago, no legit company is going to hook up with this entity, it's broke, Allinder had completely tapped out the share structure and saddled the operation with a good deal of financial liabilities, in the typical pump and dump life cycle of penny stocks, this 1 is pretty much at the stage where its ready to be reversed split, and then renamed in an attempt to erase the past from those trying to do DD on the resulting new stock.
I wouldn't expect to see RFMK bounce much unless we see some of Allinder's usual flock of disciples show up on the board.
Gezzzz, did you see all of the convertibles that Allinder saddled RFMK with this last quarter, he's completely tapped out the Authorized Shares, and I'd be willing to bet the terms on the convertibles are just like the freshly created Preferred Classes, which are not proportionally adjusted for reverse or forward splits, it's pretty obvious that Allinder is dressing this up as a clean and empty shell in which he will sell off his controlling interest to, and walk away with a boat loads of money, all thanks to the shareholders which he diluted into oblivion.
OUCH!!! AS Increase or RS is now guaranteed!
From RFMK's latest 10Q:
Allinder is getting RFMK ready for a RS, just look at how he's been structuring all of the Preferred shares he's been printing over recent times as well as all of the convertible debt he's been adding.
"My team and are working diligently " ROTFLOL, I see Allinder is still struggling with the "copy and paste" function, not to mention basic grammar, maybe he should have had somebody on his team of 1 proofread the filing for him.
"Amid Disappointing Sales, Colorado Marijuana Tax Revenue 60% Below Initial Forecasts"
"Colorado Rolls Out Campaign About the Effects of Marijuana"
"Obama Administration continues to oppose legalization of marijuana "
"There are at least two states right now that can import it into the U.S. from Canada."
Completely FALSE, the US government is not allowing ANYBODY, individual, Business Entity, or even Government Entity to import, or export for that matter, marijuana, medical or otherwise.
There is absolutely ZERO relationship between the "health of children" and the almost non-existant shorts in MJNA, or even the company MJNA itself.
LOL, MJNA is more like a bounce house with an air leak.
Legal Marijuana Leads to Rise in Denver Homeless
Tom has been working very hard to get everything moving again at RFMK, the Chinese New Years really caught him off guard, LOL.
Don't beat yourself up to much if you bought RFMK, the Penny Stock Promoters/charlatans who produce and conduct these types of pump and dump operations are just really, really good at what they do. For many of the successful 1s, it's not even about the money any more, they do it for the game and trying to hit higher scores.
In my case, as I'm sure in the case of most of the others here who've been critical of RFMK, I've been burned in the past by a couple of these con artists, so I've learned the hard way many of the tell tail signs indicative of these scams.