Wednesday, January 11, 2017 10:18:55 PM
It appears to be a massive shake out attempt except the selling volume was very low. The telling truth was just after lunch when buying picked up and we hit .003. I hope you saw the MM's put a spread of .0025 & .003. MM's are short of shares and tried very hard to kill this today.
News comes & this explodes. Remember ICNB went to .004 then fell to .0025 prior to really exploding.
From the CEO email and filings - This appears to be a company purchasing a shell and not an empty shell buying a company. That makes a big difference as they nay not dilute us further. If they have decent MJ operations and any liquid assets then they could sky rocket this thing. If CEO investment club (400 members) rumor is true - see ya later.
Someone said 1.8B outstanding is a problem but remember MJNA has 2.8B.
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