Medical Marijuana Inc (MJNA)

[doone]

"As of June 30, 2012, our cash balance was $113, our outstanding debt totaled $67,466 (of which $38,100 represents advances made to the Company by Mr. Cole), and our working capital deficit was $67,353."

Fully reporting clean shell.

"

The Company has yet to attain a level of operations which allows it to meet its current overhead. We do not contemplate attaining profitable operations until such time as management executes its plans for future operations nor is there any assurance that such an operating level can ever be achieved once such plans are executed. We expect to be dependent upon obtaining additional financing in order to adequately fund working capital, infrastructure and expenses in order to execute plans for future operations so that we can achieve a level of revenue adequate to support our cost structure, none of which can be assured. These factors raise substantial doubt about our ability to continue as a going concern and the accompanying financial statements do not include any adjustments related to the recoverability or classification of asset carrying amounts or the amounts and classification of liabilities that may result should we be unable to continue as a going concern."

Boiler plate disclaimer

Then they dropped the whole company and started a new company which will put 35 million into MJNA???? HOW???

Read all the filings.

Go MJNA