The MaryJane Group Inc. (fka MJMJ)

[canoil]

Parts of the 10-K are scary. I appreciate the CEO giving these details in the footnotes, but they clearly do not have the cash they need to pay their employees. Debt to vendors and other accrued expenses can be dodged and negotiated. Unpaid payroll taxes, however, are a huge red flag.

Below is from Footnote #6

Payroll tax liability $ 182,142
IRS and state penalties 41,812
Accrued lodging and sales tax 35,269
Accrued interest expense 22,373



It's getting to be too much.