Medical Marijuana Inc (MJNA)

[Art Vandeley]

Company to become Fully Reporting

In conjunction with the S-1 filing, MJNA expects to file their first audited financial statements prior to year-end. The Company's objective is to complete the 15c2-11 application process, which it started in May of this year, as well as becoming a fully reporting, fully compliant company with the Securities Exchange Commission (SEC). The audit and due diligence process will take an additional 90 to 120 days to complete. Once completed and approved, the Company's equity shares will trade on a "Solicited" basis, be on a higher level of the NASD Over-the-Counter Bulletin Board and there will be a dedicated market maker for the Company's tradable shares.


http://www.medicalmarijuanainc.com/index.php/press/22-press-releases/2012-press-releases/158-medical-marijuana-inc-closes-with-lotus-capital-for-a-2-million-equity-based-line-of-credit