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Re: None

Tuesday, 04/18/2017 1:34:38 AM

Tuesday, April 18, 2017 1:34:38 AM

Post# of 64600
In review of MJTK's 10K, I find nothing new, overly positive, or overly negative.

The core business development behind Citizen's Toke and the vertical integration of Alliance Financial was verified as speculated.

The balance sheet is what one should have expected from a company in its development stages and the dilution that occurred earlier this year.

Under risk factors are pretty standard boiler plate cover your ass statements that every company, small and large use in the broadest sense. If one hasn't seen these kind of statements before, they probably haven't read an annual report on any company.

Moving forward, I expect inexperienced investors to play into the hands of fear mongering. However, it is often the inexperienced who have smaller positions that generally don't have as impactful an effect as larger investment holdings do.

So much of the trading direction that takes place moving forward will depend largely on what market makers and large position holders
want to do.

Long term investors will see opportunity on any significant dips and likely wait patiently for a bottom before adding and pushing the PPS back to a respectable range, while market makers will react in a similar way and trade whatever the current trend may be.

If there is one thing I can be bullish about with this 10K, it's that the market is forward looking, and despite what may be perceived as unsatisfying historical data, the best may be yet to come. So maybe, just maybe, dare I say we may just continue trading sideways or start seeing a slow and steady reversal as upcoming press may unveil important information that has not been speculated or addressed?

Guess I'll be waiting to find out. And perhaps taking advantage of any indecision and opportunity at a lower cost should it present itself.

I'm neither overly bullish or bearish on MJTK right now which is an ok place to be. However, I would certainly like to see the company take the lead and give me a reason to pull in a more bullish direction.

Go MJTK
Rec

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