Marijuana Company of America Inc. (MCOA)

[Mazuur]

From their Q3 report:

Total revenues of hempSMART™ products were $53,195 for the third quarter ended September 30, 2020 as compared to $229,371 for the third quarter ended September 30, 2019. This is despite setbacks in sales due to the COVID pandemic and changes to the Company’s marketing focus. The Company anticipates increases during the remainder of the year due to international expansion, additional financing the Company expects to receive in Q4 for product and marketing, and an expanded marketing model.

WOW, a 77% drop in revenue! And then the spin job, "despite setbacks in sales due to the COVID pandemic and changes to the Company’s marketing focus". 1) He's actually proud they were able to generate a whole whopping $53 thousand dollars. LOL I have news for you Jesus, it had nothing to do with COVID. 2) "changes to the company's marketing focus"?? So, in other words you removed focus on an area that actually did generate revenue? What an idiot! No wonder this company's stock price is in the toilet.

Additional financing in Q4?? Issue and dump more shares? This company is a POS!

"The Company anticipates increases during the remainder of the year due to international expansion". Oh boy, more anticipation (intentions) and wishfully hoping! That is always all we ever hear from this company. Every PR is about their intentions! As usual nothing ever comes to fruition. These guys are idiots!