Jammin Java Corp (JAMN)

[Brophtron]

No, the problems are:

They're already 2 SEC reports behind, including their latest annual report. In 50 days it will be 3 SEC reports.

The company is worth less than $100K yet owes the Marley family over $2 million and as far as I know hasn't paid the $700K SEC fine they incurred.

In the last quarterly report, they were saddled with debt already - to do anything significant, they'd have to take on more debt or sell equity, which is dilution. Some users claim that there are now 4 times the shares outstanding as what Yahoo claims. The company can't be valued if we don't know the shares and other financial conditions.

There are claims that JAMN has K-cups. Who is making these cups since they don't have an agreement with Mother Parkers?

How much time is the CEO putting into this company if he's also working as a realtor?