Medical Marijuana Inc (MJNA)

[Penny Stock Rookie]

Please help me understand something. In order to change the share count, that is the # of authorized shares, they need a majority approval by shareholders. Is that correct?

If that is true and insiders hold the majority, do they have to even ask shareholders? Can't they just call a special meeting, waive notice, vote on a new share count and call it a day?

Really, what is the point in arguing this? Saying that you don't have to call the company because they will assuredly lie is not exactly due diligence. I am going to believe what they said in the last Q and believe that the next Q will shed additional light.