MJ Holdings Inc. (MJNE)

[nadodude]

Quotations can be integral to fraudulent schemes
involving microcap securities. Retail brokers "hyping" a
microcap security may point to a market maker's quotation as
indicating the security's value to a potential customer. The
Commission is concerned about the role of these quotations
because most market makers for unlisted securities may publish
quotations without reviewing information about the issuer.

Microcap securities often are thinly-traded and their issuers have minimal or no assets. Many of these securities trade in the unlisted over-the-counter market, i.e., they are not listed on an exchange or Nasdaq, but are quoted in systems like the NASD's OTC Bulletin Board or the National Quotation Bureau's "Pink Sheets".