Medical Marijuana Inc (MJNA)

[Mygolfballs]

Liabilities 16,868,027.73 for real? OMG how is this not sub penny? What are all the "other" assets they put on the balance sheet?

Medical Marijuana, Inc.
Balance Sheet
As of June 30, 2014
June 30, 2014
ASSETS
Current Assets
Checking/Savings 2,962,333.26
Accounts Receivable 1,570,956.46
Other Current Assets
Inventory Asset 4,755,991.48
Total Merchant Account Reserves 61,029.07
Total Notes Receivable 3,532,866.25
Total Prepaid Assets 314,137.76
Security Deposit 5,930.41
Total Note Receivables 6,135,997.67
Investments 47,481,137.15
Total Other Current Assets 62,287,089.79
Total Current Assets 66,820,379.51
Fixed Assets Net of Depreciation 702,183.27
TOTAL ASSETS 67,522,562.78
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable 3,769,352.08
Credit Cards Payable 4,248.68
Notes Payable 12,967,563.55
Payroll Liabilities 96,396.74
Sales Tax Payable 30,466.68
Total Current Liabilities 16,868,027.73
Total Liabilities 16,868,027.73
Equity
Capital Stock 2,416,666.67
Dividends Paid (201,500.00)
Less: Non Ownership Portion of Subsidiaries (75,956.89)
Retained Earnings 29,617,080.11
Net Income (912,501.35)
Additional Paid in Capital 18,862,238.63
Common Stock 949,084,442.00
Total Equity 50,654,534.99
TOTAL LIABILITIES & EQUITY 67,522,562.72