Finjan Holdings Inc (FNJN)

[Det_Robert_Thorne]

No merger with a medical MJ company

They're planning to sell their vertical farming operation (including TerraSphere) to the same medical marijuana company that was originally buying the PharmaSphere operation.

The deal will be for zero cash, but the MMJ company will take on all of the vertical farming liabilities.

I expect no significant boost in the stock price when and if this happens because the company will still be losing money on its fertilizer business, partially due to Gildea and Allen's huge salaries, which add about $90K/quarter to SG&A.

Here is my post from two weeks ago that has the info from the 10-Q about the vertical farming sale.