$MJTK Gonna Blast Off This Week! READ:
$MJTK Has successfully Raised About $1 Million in cash and Paid off all there outstanding obligations. This company is virtually debt free now, if you take the time to break down the financial statements.
FACT: If it wasn't for the convertible notes, this would be trading at 5-10 cents right now. This is the only reason we get a chance to buy at the discounted level of 1 cent. $12 million in volume in the past 5 trading days has absorbed the $700k in conversions.
I spent several hours, and read every Filing in full.
The shares outstanding is relatively low, coming in around 720 million and at the moment we have raised the funds to pay off all liabilities.
What we are seeing right now, is smart investors are scooping up the shares in the open market because if you take the time to do an in depth review, you will confirm that all convertibles in the most recent 10Q were converted and confirmed in the most recent 8K.
Anything issued after November has a 6 month restriction and will not be convertible until at least MAY 2017.
