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Re: Lakeland526 post# 13176

Thursday, 10/05/2017 8:54:18 PM

Thursday, October 05, 2017 8:54:18 PM

Post# of 17001
I think I've been clear on my position on the company

1) They aren't filing financial reports

2) We have no idea how many shares are outstanding and based on some reports, the amount listed is below what's actually out there.

3) They have a $700K SEC fine and $2 million that they owe to the Marley family (they'll lose the appeal, IMHO). At this point, unless they got money from some other source, they have no way to pay this.

4) They haven't said who their manufacturer is - we only know it's not Mother Parker

5) The old CEO quit and didn't even make an announcement; did he sell his shares before he announced?

6) The new CEO is a real estate agent; he's not even doing this full-time

7) JAMN has already lost a lot of supermarkets; getting back into the coffee business is going to be rough