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Alan Brochstein

07/23/14 11:20 AM

#171642 RE: Det_Robert_Thorne #171639

Yeah, well, they aren't an SEC filer, so fictitious accounting, if that's the case, probably isn't that big of a deal. To have zero COGS blows my mind - it means that they had written down the inventory to zero. Never saw this, did you? I also know that the manufacturing cost of their gum with CBD doesn't allow for that type of GM. When they spin out to the SEC-filing company in which MJNA will have a stake, it will be interesting to see if they restate the numbers.