Medical Marijuana Inc (MJNA)

[1vman]

*****ANOTHER_BAD_ARTICLE_ON_MJNA

Medical Marijuana, Inc. has been a very controversial company since it began trading in 2009, founded by Bruce Perlowin before new management took over in 2011. The person behind the company, who died in early 2018 when he crashed his Lamborghini, Michael Llamas, had to step down as CEO when he was indicted for mortgage fraud, but he ran the company surreptitiously by many accounts. While MJNA has and continues to generate substantial revenue, it has relied upon toxic debt to fund its losses, diluting shareholders along the way quite substantially. At $0.05 per share, the stock trades on volume that continues to erode and is down 90% from where it was in early 2014. The company promised in 2013 to begin filing with the SEC, a promise it has yet to fulfill.

https://www.forbes.com/sites/alanjbrochstein/2019/07/15/a-walk-through-the-cannabis-stock-graveyard/#1465bad0ec6f

GLAD I DONT OWN MJNA JUNK SHARES !


*****ENOUGH SAID*****!