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Tuesday, August 13, 2013 7:05:45 PM
MJNA misled everyone about their sales of CanChew gum when they talked about selling out their first batch and receiving a second shipment to deal with "high demand." The income from the sales of CanChew gum is so incredibly pitiful. Just stop and contemplate for a moment how much $9,801 in sales income sucks. This is beyond mere failure. The financial data for CannaVest has now been released, too. They reported just over $100,000 in revenue and a net loss of over $1,000,000. The earning potential of CannaVest is supposed to justify the arbitrarily set value of the CANV shares owned by MJNA. However, here we are seeing no indication of any such earning potential. So, basically, every time MJNA releases a financial report listing the "extraordinary" income from the CANV shares, they're attempting to deceive investors to cover up their negative cash balance, even though they've been repeatedly called out on this practice. With performance like this, you'll likely still have opportunities in the near future to sell your shares and get in at a lower price.
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