InvestorsHub Logo
Followers 7
Posts 330
Boards Moderated 0
Alias Born 12/06/2012

Re: RookieStockPicker post# 67976

Sunday, 01/27/2013 5:38:52 PM

Sunday, January 27, 2013 5:38:52 PM

Post# of 238215
There is way too many shares outstanding....at this time. 700 million shares is not uncommon for good producing companies. But for a emerging and developing company 700,000,000 shares allows for alot of manipulation.

The other alternative is for a reverse split, and although this really has no bearing on your financial outcome (TAKE TO .14 SHARES AND CREATE ONE SHARE AT 0.28, ITS ALL THE SAME), no one really likes the physcology behind having less shares.

So really, at this point, it is either grin and bear the slow growth until the mass population becomes interested in MJNA (if T. Keber keeps going on news platforms it will happen), or reverse split.