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Thursday, May 16, 2013 5:45:27 PM
Go MJNA
However I will not be here to see it, because I do not see it in the Financials. They have alot of assets, but there is no significant growth revenue, and if their is Its not on the financials.
Income before extraodinary items - 570,549
Phytosphere Licensing & Inventory sales - 6,000,000
Net Income = 5,370,549
and this is because of Phyosphere, if it was not for phytosphere they would be in the Negatives.
Lets look at the others here for a second:
Red Dice Holding: $65,218/ Income after expenses -192,226(ignor this number because they do)
But RDH pays MJNA for the COG's = 239,992 and MJNA counts that as profit's earned.
CanChew(New Product) 0/ Income after expenses -43,360
MJNA: 0/ Income after expenses -744,251
Phytosphere: 1,055,020/ income after expenses 1,055,020
= 570,549 INCOME Thats what they walked away with. If it was not for the CanVest deal it would be this number.
CanVest deal lasts 1 year.
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