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Thursday, July 25, 2013 11:36:08 PM
For reasons I've been saying since June 10, 2013, they probably won't even try to uplist until mid-2014.
When I wrote that, it was ten days before they filed the Articles of Correction that showed the magnitude of their faulty processes of the past, and the corrections they'll have to make to all of their internal controls and processes before they'll attempt an uplist.
When (and if) we see a Form S-1 filed with the SEC, that will be a strong indicator that MJNA is getting its reporting act together.
One more thing, by mid-2014 (one year from now,) I expect the number of Outstanding Shares to be approaching 1.3B - 1.4B, since they need to dilute to raise cash for growth.
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