Bottom line, if they get out significant numbers and release their financials to get current, then MJTV will be huge.
Here's the other issues in my mind:
MJTV is a retailer with NO control on their supply chain. After looking at the number of foreign companies that "appear" to be selling the same kit, we have no idea what level of kits they can obtain to full fill the back orders.
After visiting their website, they were out of kits within hours, not days of the FDA approval. NOT a good sign. This would tell me they didn't have a very large number of kits in inventory, or even that they had the financial resources to purchase them.
What would be great, is a PR that address either sales or their ability to obtain inventory.
Perhaps reaching out to the manufacture would be a great call.
Without sales numbers and a lack of control on inventories, the PP on this stock is going to be a moving target. Additionally, I can't find any other real revenue source for this company.
Their PR related to becoming a Hemp extraction company is great. But anyone who is knowledgeable with the Isolate or CBD oils, knows all too well that it takes time, money and knowledge on making that model successful.
Don't get me wrong, there is money to be made here, just going to take some time to see if they can get kits out into the market..... there is always more to a stock price than what we see on the surface.