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Re: ospreyeye post# 75464

Saturday, 02/09/2013 4:34:57 PM

Saturday, February 09, 2013 4:34:57 PM

Post# of 241474
All my valuations on MJNA are based off the 900 million shares authorized. I'm actually happy that they still have 100 million shares left to raise $35 million of equity to continue to expand.

I'm curious if these are private transactions or are they selling these into the open market. I would be concerned more if these were private transaction being executed at steep discounts. That would be dilution that shareholders should be concerned about.

It's normal for a company to raise equity when expanding. Any real investor should expect it. I don't know why you are surprised or worried. I see this as good news.
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