Medical Marijuana Inc (MJNA)

[NavyMSU]

Yeah, they hyped the sale of all Phytosphere assets as revenues.. But they didn't sell the company: it's a shell company, apparently there's a license fee CannaVest is paying us only.

I won't argue about the sale of assets being revenue.. If this was most of our projected 47M in revenue for FY13, where the heck was 155M in FY14 going to come from?!

That's where there is borderline fraud.

M. Sides authorizes herself 40M shares, then releases outrageous projections with a disclaimer saying its forward looking and that extenuating circumstances could invalidate those forecasts!

This was bound to implode... Good thing we investors demanded info prior to Sides opportunity to dump her shares.