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Re: Snowman2 post# 46832

Wednesday, 04/05/2017 9:35:22 PM

Wednesday, April 05, 2017 9:35:22 PM

Post# of 47865
The CNBC article is full of lies.

There are only 2 locations active right now. Even MJMJ homepage confirms that.

This company never had $1m revenues even with 3 or 4 locations, so $1m with only 2 locations is very unlikely.

No idea why you think this will go to 1 cent. That would give this company a market cap of ~$100 million, i.e., $50 million per location. That's ludicrous. You can buy fully operational & profitable hotels, land + building, for 1/10th of that $50 million, so why would a rinky-dink, money losing, leased 6-room BnB be worth that much?

Whenever someone uses the word "hopefully" in regards to a stock investment, they should rethink why they are buying.

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