Jammin Java Corp (JAMN)

[Brophtron]

The problem is that you're making assumptions.

In your other post, you wondered if Toevs was the other person involved in JAMN - he told you directly in his tweet that he is not involved with JAMN anymore, though he is selling a coffee called Jammin Java - I wonder if that's what's being sold on Amazon.

Next you ask about 700 million shares being absorbed. You're assuming that someone is keeping all those shares. I doubt it - I think there are people trying to play the bounce - buy at .0001 and sell at .0002

You think that someone doing the buying "knows something"; that would be insider trading, which is illegal.

In any case, someone who knows something about the company wouldn't buy that many shares. According to the SEC, there are 200 million shares and each one is priced at .0001 giving a market value of about 23K, give or take. But the transfer agent says that there are now almost 2 billion shares out in the market. Now you don't take the price of .0001 and multiply it by 2 billion to get the market cap. The market has priced this company at $23K and you'd have to divide that by 2 billion to get the share price, which would be about 1/4 of .0001, which is too small to be displayed at this point. Nobody would buy that much of the stock for this reason!

Also, remember that JAMN hasn't filed their quarterly or annual reports in a year now. We have no idea what the income, expense, asset or debt of the company is.