Medical Marijuana Inc (MJNA)

[nopancakemix]

Earnings List Retorts and Speculations
I'd expect MJNA to come out with a press release soon but let's have some fun with this. I'm pretty impressed with the HempMeds numbers as they indicate a possible multi-million $ annual revenue stream. Nevertheless, I have my concerns going forward so here is my take

1. Who knows about the RDH accounting or lack thereof? Perhaps MJNA is pulling in THC based revenue from Dixie and the company does not want to disclose the income. RDH is a privately held company and their revenues come from legally questionable sources so perhaps there is some caution in reporting income.

2. The Tonaquint loan is interesting. MJNA has the collateral for such venture without the avenues you suggest. I'd like to at least hear the issue addressed in an upcoming PR, more so what MJNA plans to do with the cash.

3. The valuation based on CANV shares is not ideal but MJNA is also building brand value. HempMeds has done a pretty spectacular job promoting products. If MJNA drew $250k in 1/2 quarter from HempMeds, spread that out for a full quarter over a full year, and that adds value to the company.

4. A rising tide will lift all boats. Just like the MJNA/CANV valuation, RDH and CanChew have a stake in trying to create value for MJNA, in turn creating value and possible revenue for themselves.

5. Seems like a simple name change to me. Extract Development Marketing sounds like a more specific designation of R&D.

6. The share structure is a bit of a mess or at least according to the speculation here. Yahoo, Google, ETrade, Merrill Lynch all have different o/s counts between 850m-1.2b but that is often true for many other stocks, including blue chips. MJNA has addressed the issue and it is only here that there remains speculation.

7. I'm not too worried about the issuance of 1m shares. Maybe there will be an answer to that in a PR.

8. If the lawsuit has merit it will probably be addressed. Who knows what this legal play is about? I'm sure MJNA will countersue if it comes to a head but I doubt any of these companies want to spend lots of money on legal fees.