Medical Marijuana Inc (MJNA)

[GDorn]

Kannaway, Trying to Fake it to Make it.

The alleged valuation is not based on reality. Leave alone that Llamas is pretty much selling the company to himself. There were about 200 people in attendance at last weeks Dallas event, significantly less than attended their last major dog and pony show in Atlanta last year. Yet, they are going to add the monthly expense of a "satellite office" in that city for little other than the PR value of doing so.

Again Kannaway is very facebook centric, as are many newer MLMs, it's a primary advertising/ recruiting/ marketing venue. Their main "members only" page has been stalled at a bit better thank 1.2K members for months and averages just a few comments a day. Facebook no longer displays the PTAT "people talking about this" numbers for pages but they still track it and Google's results summery lists it:



"113 talking about this." Now that isn't their private page, that is the main public page, the one that affiliates should be "sharing" from so Kannaway stories will appear in any their friends news feeds (which is a good reason not to be "friends" with active MLMer's on facebook). PTAT is a 7 day average of the number of people who interact with a given page, if you like, share, comment on anything on the page you are added to the "talking about this" number. So, on average 113 people interact with Kannaway's main public facebook page in a week. Here's a link to the company YouTube video list, take a look at the total view numbers, not exactly popular.

And remember when Kannaway used to brag about their Alexa numbers? Yea, it has been a while. Here's why:



We know for a fact that Kannaway's sales numbers fell from Q2 to Q3, we know for a fact that their social engagement numbers have fallen even further since then. Yet MJNA issues a press release claiming Kannaway may well be worth upwards of 200 million. And it's not like they've never told porky pies in their press releases before.