InvestorsHub Logo
Followers 546
Posts 8178
Boards Moderated 3
Alias Born 10/23/2016

Re: None

Thursday, 02/07/2019 1:42:58 PM

Thursday, February 07, 2019 1:42:58 PM

Post# of 7169
Incoming company does 1,000,000 mg’s a week of-CBD-oil - thats how many miligrams are in a liter as we read in the 8k (!):

“All licenses and permits issued by the State of California for the HEMP Extraction CBD which is currently producing one liter a week of CBD oil. “

CBD oil depending on its content, can be from .10 cents a mg to .40 cents or more PER miligram!

...at a penny MJTV’s Market Cap would be a measely lol $1 mil even with 100 mil OS - but with its current 50 mil OS MC would be ONLY: $500,000 - With this new deal they could generate that amount in a month depending on the quality of the CBD.

-even at .03 cents the market cap for MJTV with a 50 mil OS is only $1.5 million....with a 100 mil OS its $3,000,000.

“As of November 15, 2018, the registrant had 53,348,590 shares of the registrant’s $0.0001 par value common stock issued and outstanding. The registrant also had 4,000 Preferred A shares, 3,781,700 Preferred B shares and 160,000 Preferred C shares. All issued and outstanding Preferred shares have a par value $.0001 per shares.”

https://www.otcmarkets.com/filing/html?id=13071030&guid=LSJtUq9KoRVow3h


-the ticker has had as we see if you hit the one year or 6 month tab, around 80 million total volume before today since Nov 18th....so even with any dilution the OS could be only like 100 mil or less easily - and the float could be less - or much less as it almost always is less then the OS.

That means with another 50 mil vol day tomorrow, this could see mulit-pennies.

So IF just like 200 people want to trade or 20 people with only two million shares each holding......this could geet insane by this weekend.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.