Medical Marijuana Inc (MJNA)

[Michael_Park]

1. Is the $0.05-$0.06 valuation based only on what you've calculated MJNA's book value to be, or do you have a certain P/E in mind when you mention this PPS range?

2. While it's true that MJNA currently is strictly a CBD company, I think it's a bit disingenuous to incessantly repeat this as though it were some immutable condition. MJNA's operations extend across state and national borders. If they have any business involvement with THC-containing products, they'll face serious legal troubles. So, naturally, whether they're involved with THC-containing products or not, they're not going to provide the public with any evidence indicating that they are. After legalization, whether MJNA will move to indirectly reap profits from the past sale of THC-containing products through their deal with Dixie and Red Dice and whether MJNA will move into the THC product market is anyone's guess. I think it's probable that they will, but again, the information is just not there to make this call with any certainty.

3. I agree strongly with the criticism of the lack of management. Sometimes I think that without actually making any changes "on the ground," but just by bringing in a CEO with experience, a respected name, and a much better ability to coherently communicate the company's plans and prospects to the public would send the PPS to a dollar or two (which would enable Michelle to rake in quite a bit of dough using the nauseating number of shares she has awarded herself). People don't trust Michelle and her 40,000,000 shares, and she rarely provides enough information for the average investor to figure out what the hell the company is doing.

Does anyone have any links to interviews of Michelle?