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""When Byron takes half his salary, and buys retail shares (not new shares at a 65% discount to retail) at retail with half his annual salary, that will get my attention!!!! ""
That's just plain silly. 98% of pennies are formed from guys that got burned out, quit or fired and are funding their dream, hobby or scheme. So anyone that buys one of these is hoping that they quit to follow their dream and that dreams come true. A little simplistic, but none the less true. Your guy Byron might be John Galt or Bernie Madoff only time will tell. Just don't bet the rent in either case, me I'll pass, but watch because you never know.
There are a lot of questions that go unanswered, I posted this a few days ago with no rersponse:
Before you get too excited
http://www.nytimes.com/2011/05/08/us/08marijuana.html
Remember they are in election mode for 2012.....
What politician is going to campaign on legalizing MJ?
Who is CannaBank and what and where are the "assets" they are transferring?
And most important, if the Fed's are going to crack down, who wants their name, business and association in a centralized data base that they can access?
I too want to buy, but buy something with answers to some of these questions.
Before you get too excited
http://www.nytimes.com/2011/05/08/us/08marijuana.html
Remember they are in election mode for 2012.....
I think the 6 month chart and the 10K says it all:
"Since our inception on July 3, 2006 and as of December 31, 2010, we have generated a minimal amount of revenue and have incurred a cumulative net loss of $8,015,930. In 2010 our revenues were approximately $300,000, however, we believe that we must raise approximately $1,000,000 through the sale of equity for us to sustain operations through the next twelve (12) months. This amount of capital has been budgeted to maintain our infrastructure and marketing and sales campaign. We believe that the recurring revenues from sales of software products eventually will be sufficient to support ongoing operations. We can provide no assurance that the actual expenses we incur will not materially exceed our estimates or that cash flow from sales will be adequate to maintain our business. As a result, our independent auditors have expressed substantial doubt about our ability to continue as a going concern as noted in the independent auditor’s report to the financial statements included in this report."
It was a good idea, but not all good ideas are profitable....pure and simple.
A very mysterious one. LOL Seriously, it appears to be the asset generator for now, but with no info available not sure if it's a plus or minus.
Medical Marijuana, Inc. (OTC: MJNA), an Oregon Corporation, was founded in March 2009 for the purpose of providing advanced business solutions to the rapidly expanding Medical Marijuana industry.
We provide integrated tax oversight and collection solutions to local, state and federal governments, while also providing business management solutions to the industry that will confidently ensure compliance with local, state and federal regulations.
MMI will also soon provide Certified Testing and Gradation Solutions to establish and maintain high-level quality control of potency, strain and contaminants.
MMI provides fully compliant turn-key management solutions to Independent Operators of Medical Marijuana collectives, co-ops and dispensaries, allowing investors to confidently enter this arena in full compliance from the start.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
If there not dealing the stuff this oblique a "plan" could not be prosecuted even if executed. Like selling neddles to addicts, this isn't a delivery system or paraphernalia, ever been to a "smoke shop",? I have and asked if they sold cigars, I gave them the laugh of the day.
Really? Could you provide some links and telephone numbers that go beyond answering machines? How about something on the bank, anything?
""Bruce does run a respectable biz and MJNA is not a scam... ""
How so? Anyone can start a public company (it does cost money), but determining whether it's reputable or going to be successful is another issue. Here, they made a structural change to effect the next level, filings, a noble gesture if there is something to file. They have money, no doubt, having probably sold into the runup, but if there is no market for the business plan then that will probably be the source of all their revenues. How many companies do they represent for their services, how much do they charge, anyone else in the space, etc., etc......then and only the will you know if....Bruce does run a respectable biz and MJNA is not a scam... GLTA
http://www.bruceperlowin.com/
Smooth move. Idon't think he could sign off on financials as a convicted felon.
Don't think there are that many mullets left, maybe .16-.18 if you're lucky.
It's really a pretty simple concept, you have to spend money to make money, but this is a new twist:
"This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company."
LOL, ya think...
As in the bar being held liable for the drunk. This thing strikes me as an app gone public, is that about right?
It sure allows for "alternative energy" P&D's to flourish.
" that will finally make clean energy the profitable kind of energy in America."
Could you elaborate on that. If profitable it would be done, as it is it contracts economies.
Why careful, when a company pays hundreds of thousands and dilutes by millions of shares for an email blast, simply walk away. Timing email blasts is a tough way to make money.
Maybe they held a CC and no one called....interesting
Are you aware that the CCX (Chicago Carbon Exchange) shut down?
What's the difference? Only grants would not require equity.
The country is in no mood for "fairytale technology" funding and China will jail you for life if it's a scam, so better be careful there. But if, as some have stated, it's real and can compete with hydrocarbon production for gasoline, there is plenty of private venture capital funding available. Are you sure there is no one associated with the company posting here?
Oh yeah, my grand daughter plays in a private soccer league that would probably play in that event (they're playing in Orlando in Feb.) so will check out that angle too.
Speaking of reading have you ever read the disclaimer on these email blasted stocks? This one's pretty good only 30k cash but no vested shares.
I just thought the Oprah angle was funny.....
I do a lot of DD and if the company is REAL might play, my son lives in Dallas and travels the metroplex so I will have him check it out. Want to know?......didn't think so. LOL
Stockpreacher is the on that brought me here. They got 25K cash and have 1 million vested shares to dump (of course through the subsidiary of the dumper). Not a bad business if you can get it, as far as this company, watch and learn. LOL
""Oprah, the undisputed Empress of day-time talk shows is 100% behind the concept! And when Oprah speaks, the entire world listens! ""
Of course when she doesn't know the company is even alive it could go sub penny in a month. LOL P&D supreme....
Any of you guys call Geneva?
Please, I'm not trying to throw water on your party, but their release clearly states they are going to ATTEND the D8 conference. Anyone with the 4,995.00 registration fee can attend, however, even the link they provided, http://www.allthingsd.com/d/speakers/, doesn't list them as a speaker or presenter on anything except what they said an atendee. My post was to try to help some that may have thousands tied up here find out if they have even a fighting chance. Another bit of help I would like to pass on is to buy yourself a MajicJack (they actually work), I call all over the world from my computer for .02 cents a minute on most calls, it's a great DD device. I would not invest in a foreign company without it, and having said that I doubt my quest here would have gone beyond the call. Just trying to help you keep your money.
The problem with this penny is that it's a foreign company and no one knows if it is real or not. I saw the pump on stock preacher and looked into it, someone buys prior to the broadcast and sells into the uptick.
Now is this a total bs company or does it have a real operation (even if it does it does not guaranty success), at least if there is, a possibility of something happening is always there. If it's just bs and a web page ($250) you take your chances on where you fit in the scheme.
So why I am I telling you what you already know? My wife is a flight attendent for a major airline and her line this month is Geneva and Amesterdam. My cost to fly first class r/t is 0 (int'l travel we use vacation passes) space available. I pay departure tax ? and probably an extra night hotel room, maybe 150-200 and meals and transportation, maybe total 350-450. What I do is call the company and ask for an interview and tour of the operation, making it clear that I am not seeking "insider info" or wasting their valuable time (usually ask for 30-60 minutes). If they say no you move on because they have answered the original question "are they real". If yes I set the wheels in motion to check it out. If any one or a group of you are interested contact me at ezmony647@yahoo.com, I check out costs and only seek to recover expenses. GLTA and btw this is not my first rodeo
Never went. MDEQ had locals watching, sale w/o license = shut down. Tried to get you guys to "make the call", he had a history.
I'm holding out for "air" as a feedstock, bizillions to be made then....wonder if the PPP from Petaluma made his turkey soup this year.
Silly isn't it, it's as if the rubes don't know that tax selling season is here so let's conjure up a story and a phony PR to keep the faithful from selling. What was it last yeat? The show must go on, or a least until the SEC brings down the curtain.
Actually the .84 would be cut to .42 after the "dividend", but that might be considered nitpicking.
Now you're beggin', you got better odds with the tooth fairy or the Easter Bunny.
Keep looking......and Alice says thanks those lawyers are expensive.
One might wonder if his sudden epiphany would have occured if Fat Boy came with 20-25k for his trouble,who knows, he might have cranked up the old "lie list". Naw, their into using a more genteel group like parson's and pilots....next to come maybe doctors and nurses and even candy makers....LOL
Wonders never cease with this soap opera, there's even someone back for seconds.....gotta laugh.
Yeah right, you believed revenue in 6-8 weeks even though they were not permitted. Or did you just believe he would be the only industrial facility in America that "don't need no stinkin' permits". LOL
Just for fun why don't you post your old "lie list" and tell everyone why you believed each point.
And you didn't answer how much he took you for. Look at the bright side, after the SEC wins their case, they will probably refer to the Justice Dept. for criminal and they will expand the web, you might escape becase you received no compensation. So be thankful Fat Boy stiffed you. RLOL
And next time remember the old adage, "no honor among thieves", and get your bounty up front.
""Even good people like Jens, Kelmer Smith, Robert Davis, have all had to take it up the ....... from John Rivera......The guy is a psychopath........z""
All the aforementioned were paid to pertetuate the fraud, you got stiffed, so what are you expecting, sympathy? Collectively, how many millions did you cost people, some still on these boards, with the "lie list" you posted a thousand times? Kind of brazen to be crying now, exactly how much did Fat Boy take you for?
""When that starts happening, we will see profits.""
The only thing you'll see are bogus PR's, no financials.
Call Alice.
Look at the pictures and pay attention to the char "mountain". they ain't producing nothin'.
I'm guessing he ate a big ole plate of South Texas TexMex and cut a few, took a match to em for "proof of concept".
Yeah, just a little misunderstanding. no funding, but made a deal with Oppen Mamma to dump 700k to make for it.