Friday, November 29, 2013 9:36:52 AM
They disclose this on their website at well. MJNA is purely a CBD company. CBD may, or may not turn out to be good for people's health. No proof either way so far.
Of course MJNA longs who have tried the product love it and swear by it. LOL This is why science requires blind studies. Placebo must also be ruled out.
One of the other comments somebody made was that dilution does not matter as they can just do a reverse spilt. Well that would make the sharecount maybe 100 million instead of a billion, and the price $1.20, BUT same earnings I projected would only make the stock worth .80 per share.
If you want to invest in Marijuana MJNA is the wrong company. If you are into CBD for some reason then go for it! Maybe they will find a market at some point.
Maybe they should think about getting a CEO at some point too???
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