Medical Marijuana Inc (MJNA)

[NavyMSU]

Scam?

They build up a small subsidiary that has actual revenues, using dilution to pay for it, then sell it for garbage to themselves under a different corporate entity.

Also.. Dilution through the roof.

When I first bought I think there was 100M shares, then 150M, now 2.9B?!?

How is that not a scam. They keep diluting, selling the remaining 49% of diluted shares (without splitting, pure dilution) and keeping all the cash for themselves.

How is this not a scam?

It's all legal per OTC pink sheet rules, but under SEC they would have been in jail already.