Medical Marijuana Inc (MJNA)

[nopancakemix]

Examinous Its Called Defamation
Libel is the first claim that comes to mind. Essential what we have here is a party making a claim of fraud against another party, USING A THIRD PARTY MEDIUM, causing damages as a result. That is textbook libel.

Infatalis, libeled Ms. Sides by falsely identifying her as a criminal in a widely distributed publication, causing potential financial damages to the company as well as punitive damages to her reputation. It is clear as day. Infatalis disclosed a short position so the libel could carry other circumstances such as financial fraud.

Ashraf has repeatedly called the company a fraud in no uncertain terms (terms which I have screen grabbed and forwarded to MJNA management as well as reviewed with family who are lawyers). He has done so in a "third party publication" and again caused damage to not only the company but the auditor Mr. Imbimbo, and the lawyer who signed off on the reports, Mr. Corrigan.

The only question here is does SA commit the time and capital to follow up on a claim. For $1500 or so, MJNA's counsel could send a stern letter to SA and the authors, threatening to bring a suit. It would be costly to retain counsel for such matters, so MJNA needs to decide if a settlement is worth the effort. The restitution could range from injunctions against SA and the authors, banning them from publishing info about the company for a certain time frame, or worse, the website could be shut down. Restitution could also come in financial penalties, such as fines and authors handing over any income from the writings.

And that is just from the defamation claim. If there are any other improprieties such as financial fraud, conspiracy to commit fraud, using media to perpetrate financial fraud.......this could get interesting real fast.

I almost want to hire a PI to look into this. I did once before to track a Yahoo poster who threatened my life numerous times back in 2005 as the result of some exchanges on the AAPL Yahoo board. Turns out the guy was a complete loner, loser in NJ so I let it go but its amazing what you can find out when you pay people to do it for you.