Medical Marijuana Inc (MJNA)

[Michael_Park]

I agree that this should be seen as a positive event. The fact that MJNA is taking steps to clean house makes the company look more legitimate, shows that they're seriously working on the audit, and makes the uplisting seem more likely. As long as Stuart was accurate in saying the AS count will remain at 950 million, this hold on dilution will be another positive in most investors' minds. With CannaVEST already beginning to sell oil (the first easily visible step on the road toward legitimizing the PPS used in the CannaVEST deal) and the next quarterly report to show income from CanChew sales, there could be a confluence of positive news in the near future that pushes the PPS up substantially. It will depend on the precise sales numbers and on what MJNA says about the progress made in the audit and prospects for uplisting in upcoming PRs and the next quarterly report. If there's any information about securing outside funding, collaborations, or big leaps in the march toward legalization that get thrown into the mix, then we could see the PPS exceed previous highs very soon.