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MDHI: This is good news. CEO is gone, and new Board is taking over.
About Damn Time he left.
We have all been asking for restructuring, we never liked Ronnie and now that he is leaving and gave it to someone with a least some credibility, we are mad about what exactly.
We all knew he was lying, he never posted financials, his PR's sucked and they changed 2 days after he posted them and he finished diluting.
Watching MJNA is like NASCAR.
the company is moving forward fast, but they are going nowhere. What the hell is going on. If a company posts increased revenue for every quarter in the last 5 quarters, why is there no increase in PPS. In fact why is it going down.
MDHI summed up for you.
If you ask Ronnie, this company is always moving forward.
In reality he is correct, but race car drivers are always moving forward, but they go nowhere because there on a friggin track (delution).
What the hell do strategic investors do.
So far as i can tell they provide no benefit to a company. Did they give them money, do they help them sell these things.
Maybe we can get a Strategic investor to audit MDHI and release financials.
If this company reported 10-K's like they did the 8K's this would all be good.
My iPhone missed the second part of that, and I only ready something about getting toxic investors involved somewhere.
Financials now would be bad, but financialas after MRR would be good.
You mentioned China, why is China mentioned at all. They surely didnt just ship medipendants to China. Besides that, China would only need to buy 1 medipendant then they could mass produce it and have there own medipendant company.
Of all the Marijuana stock out there, I would assume this would be the best due to the fact people cant buy Marijuana, but they can grow it themselves after the law takes effect.
WTF Ronnie, I was confident in your ability for PR updates, you have been consistant in PR what you plan on doing, but you fail to give us any information on how you did. Im tired of putting together your financial guestimations, give us something to work with.
No you didnt miss anything. He had mentioned that the fall promo is costco's biggest of the year, and then the huge pr about selling all the Medipents and full production and crap, then to find out he sold like 130 in 1 day. So since the fall promotion ended, I figured he would at least PR that it was over and they had huge sells of some sort.
He said december he will be reporting again. He could at least PR them.
Here I was actually thinking crap need to get more stock by friday because he is going to release pr on monday. Ehhh. well maybe tuesday.
Well actually lets say, i probably wont ever see numbers.
What are the chances of Ron releasing the fall promo numbers.
Reverse split. Thats what companies do when they want to increase the pps, and it costs less than doing a buy back.
He has numbers that he came up with, and as far as I can tell Ronnie is no better a mathmatician as I am a grammer studant.
If i saw quarterly financials audited by himself, I dont think it would hold much water.
Share Delution: If he can use deluting shares as a way of not borrowing money, or better yet not going bankrupt, then friggin delute. We all know what is going to happen in December and January. Recurring Revenue kicks in. A/S is 800 mil. We are not there yet. so were good man relax. when it sais: 829mil O/S then were in trouble.
Well; if he is going to do as he said he will, then he will wait until December.
Honestly for all benefits of a doubt; I believe that he is waiting for the recurring revenue to kick in with those larger orders that went through in June and July to start kicking in. Ive been saying that since September.
Lets hope that ronnie gives us the results of the Fall promotion. On Monday.
I will see you guys on Monday.
2012 Market Holidays Date
New Year's Day January 2, 2012
Martin Luther King Jr. Day January 16, 2012
President's Day February 20, 2012
Good Friday April 6, 2012
Memorial Day May 28, 2012
Independence Day July 4, 2012
Labor Day September 3, 2012
Thanksgiving Day November 22, 2012
Christmas December 25, 2012
I thought it was a holiday on monday.
See you guys on Tuesday when markets open back up. Im not haning out till 1300 to watch nothing happen.
That makes sense.
I dont think Ronnie is doing in 5k bids, He gets the big ones like 2 mil at bid.
My question is why wont he buy mine at .0033.
I want to know which company is selling marijuana. Thats who I want to invest in.
So basically the only change from before the approval of I-502 and 62 is that they can sell this elixer to people 21 and over.
Huge news man. Not gonna buy it.
People 21 over do not want to go around drinking Grandmas tincture for her back pain, they want to smoke it up. and if MJNA is not in the buisness then they will not be in the 40 billion dollar buisness that investors are looking at.
Please provide a link with this statement as it makes no sense. Medical Marijuana company that sells medical marijuana but it does not sell marijuana. The statement makes no sense.
My question is, if the federal GOV can go after distributers license for the selling of marijuana for rec use, how is it going to help out MJNA, since people will have to buy it illegally. Its a loophole in reversing I-502(WA), and I-62(colorado).
States say they will not arrest those with small amounts(less than 1 oz) but you still wont be able to buy it legally. So if your caught buying it, or growing it to sell, then you can get charged by the Feds.
This is why there is nothing going on with the stock, until the DOJ releases an official statement on their intentions.
DD before buy my friend:
http://seattletimes.com/html/localnews/2019631839_marijuanafolo08.html
Federal Government will take it to the supreme court. And until there is resolution it will continue to be illegal.
We will see what happens on December 6.
Here is our issue:
Colorado GOV sais;
"The voters have spoken and we have to respect their will," Colorado Gov. Hickenlooper said in a written statement released by his office.
"This will be a complicated process, but we intend to follow through. That said, federal law still says marijuana is an illegal drug, so don't break out the Cheetos or Goldfish too quickly.
So basically voters said they want it, states say pass it, Federal GOV said we will still process you if you try, until a plan is set.
It is safe to assume that promo did not sell any/many since it was not worth the money for a pr.
Absolutely Agree with you. I taking a risk and betting that this company does not go bankrupt before the revenue kicks in. They are nearly broke already, and I wonder how close they are to their MAX A/S of 800 mil.
WTF am I doing, this stock is going to be .0028 by the end of friday.
Wow 5000 bought at .0039.
Well lets increase it and sell 190k shares at .0033 and we will be good.
Good news is a few more states picked up Medical Marijuana. Which is still not doing much because the friggin Federal GOV is micro managing the crap out of it. When the Federal GOV sais we will let the states determine their fate then this will be a good stock.
buying 180K at .0033.
.30 i think is an understatement. 2 states approved recreational use and even more medical use. I dont have the number of states that voted in the medical use of marijuana.
im seeing $1.00 signs.
Economists say the first thing that needs to happen in order to get America out of the 16 trillion dollar debt is Approve Marijuana. Obama wont fail this next 4 years, and the people of Washington and Colorado are proud to be the test dummies on this subject.
If tax revenue from this is good, then there will be no overturning it. Because face it, America needs money, and the government hates to cut programs.