Friday, January 03, 2014 7:48:55 AM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63616466
What I want to know is this...was HDDC formerly First Hemp Bank?
Michelle Sides will not grant interviews nor step out to represent the company. What kind of a director is she? And what's with all the bull posts on their FB pages in which they extol the virtues of CBD extracted from marijuana instead of industrial hemp? In my opinion, MJNA is part of a much bigger shell game in which their business practice is to pretend to acquire another companies to falsely inflate their value. Michael Llamas did just that with his past company, he duped investors into thinking they were buying quality properties when in fact, what they bought were distressed properties at twice or thrice their value and split the profits between himself and Peter Woodard.
And now it seems the pattern continues - this time they duped MJNA investors into thinking they owned Dixie and it's evident by their PRs which always went like this: "MJNA's Dixie Elixirs..." They convinced their shareholders they acquired Canchew - no they didn't. In order to acquire, you have to actually issue the bloody shares to that company and they didnt. Just like they didn't issue shares for RDH. And they apparently, according to Kannalife, issued shares to them to be monetized but upon my investigation, I learned that at least 1.2M of that funding given to Kannalife by MJNA and Cannavest was to line the pockets of Kannalife's directors.
And lastly, geeker posted a link to MNA's side of the story regarding the RDH lawsuit. Did anyone notice that MJNA tried to cajole Dixie into arbitration with them by offering a settlement agreement? Dixie said no because they knew MJNA just wanted them to shut the hell up and not expose MJNA's business dealings publicly via a jury trial.
And what's with the rumours that Cannabank gave their employees cheques linked to an empty bank account?
Yes, CBD is great, rah rah rah but MJNA is not. They have a LOT of explaining to do. And the more they refuse to explain, the worse it makes them appear.
“Never argue with an idiot; he will bring you down to his level and win from experience.” Brad Slipiec
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