Medical Marijuana Inc (MJNA)

[dude iligence]

The MJNA dilution is killing it. About 20 million new shares a month. Dec they were at 812 mil OS, Feb about 850mil The AS is 900mil. They have 5 more companies odds are they do the same with each one of them.

From the chart and the pr's tells me MJNA has reached the AS limit and they are about to roll out another shell to dilute. The MJNA ride was good but dilution kills everything, EVERYTHINGIf,when they put the spot light on the new subsidiary shell the shares will be brand new out of the box and for the first rally or to tight. Like all dilution machines the weight of the diluted shares soon overwhelms the price and it either bleeds a slow death like when there is a strong following or it falls off a cliff when the spotlight gets switched off.

What is alarming is no one on any of the pot boards knows the current Transfer Agent reported share structure on the pot stock they own. I read so many posts about why is it going down? Oh don't worry all is great.

What I should be reading is the TA reported the share structure at xxxxx on such date and here's what it is today.


There is only one Non-Diluted Pot stock in the world and MJNA ain't it.