From one of the other boards... LOL pretty funny and true..
Matica -the ugly site
After few days away from reading the soap opera happening on MMJ board i am back just to find out the same old comments writen by people who register with SH in March 2018.
So for those who visited MMJ board....
Dear MMJ board reader
For those who expect to get any information related to the company and their activities you will be struck by vulgarity and low investment education by many of the posters .Most of the SH posters on MMJ board are SH members signed recently in 2018 (with few exceptions). and we can only speculate as to the reason behind it. In search of any meaningful info you will be reading msg after msg unrelated to the company but filled with profanity and absolutely lucking any common investors knowledge ..
It also seems like the company itself is not interested in providing any substantial information to any potential investors/shareholders.
When it comes to MMJ Dorval property ,their licensing process or any of their LOI status there is no factual information that could be considered reliable to the investors .
After finally completing (after multiple delays) their facility in Dorval, you will not find a person with knowledge ( no official press release) as to what is the actual size of the grow rooms,estimated cost,estimated profit,and even what is their estimated cannabis production per year...
Multiple visits by their CEO Boris and inexperienced promo group FTM who did the interview and tour of the facility for MMJ, did not include and did not provided any useful information which would clarify and give possible investors reason to buy and hold their MMJ shares .Those who decided to hold their shares after the stock run to .80 cents in early January were left with empty promises of great future business posted by Matica Ceo Boris Ziger on his Tweeter and by people who subscribe to the PP at 3-10 cents ,
Meantime ,the stock continue losing its ground and is now down almost 60% of its value since January 2018 when the stock reached the 52 week high and is now under performing the other MJ stocks,
Shareholders are being keep in dark as to the licensing process/status ,cash position, or ballooning shares structure estimated at over 315 000 000 shares out while the MMJ management continue to issue cheap options to them self as a form of compensation and to people connected to them.
Many shareholders are dumping their shares upset with the way the company is being run and are unable to justify their investment in MMJ.
So, with so many unanswered questions the remained shareholders who hope to recoup their losses have no ammunition to defend MMJ on SH from people who doubt the management integrity and their compensation system .So called "well informed" promising big profit or any news has failed to attract any new investors or even bring interest of day traders with their unproven and unsupportable stories .
Instead of demanding more action from the company, shareholders are focusing on verbal exchange with those who question the MMJ market cap,valuation,luck of news, and extremely poor public relations of MMJ management.
It almost seems like the shortcoming of the MMJ management match perfectly the type of investors who are posting on SH MMJ board .
In the end,luck of management professionalism and luck of reliable information is hurting both ,the one who bought the shares and the stock price.
The guys in the MMJ office are still well off......
Read more at http://www.stockhouse.com/companies/bullboard?symbol=c.mmj&postid=27717034#37j4gvkqYY2T6Put.99