Excellent post!!... I couldn't have said it better myself... You hit the nail squarely on the head!!
The way 420 Investor service in conjunction with SA has attacked $MJNA over the past few years with perfectly timed damaging articles was criminal IMO...
I would warn you to stay away from anything related to 420 Investor Service or SA... They lost ALL credibility with the PH$% debacle and have arterial motive IMO... There is more going on between the two that we aren't privy to...
I wouldn't be surprised if they were concocting another suspect $MJNA article as we speak... IMO they are angry they couldn't destroy the stock. Every run or uptick is like a dagger cutting deeper and deeper...
This supports information that is available via Twitter by a Wall Street Journal, High Times, TheStreet published critic that focuses on the cannabis sector. Michelle Sides deserves to take a day off and I will fund her lunch for having the foresight to not be associated with unethical pump and dump promoters of that ilk. However, I do wish Seeking Alpha wasn't destroyed by the Medical Marijuana Inc. articles that I considered to be 420COUPONS for me to buy shares at a clearance. Unfortunately I am still waiting for my .05 order to be filled that my internet CFA perpetually promised would happen many moons ago and now I missed an opportunity to add an additional $800,000 to help Mrs. Bernstein rebuild her foundation that was eviscerated by a service that was being touted on TV as being run by a marijuana maven.
Medical Marijuana Inc. will remain in my portfolio untraded until 2020 irregardless of legalization or the rescheduling of marijuana.
Alan Brochstein Wednesday, 12/18/13 10:28:40 AM Re: A deleted message Post # of 176616
I think MJNA could drop to .05. I see support at .08 first. For a while, I backed off and was more constructive, as I thought the product sales could accelerate a lot (which is probably still the case). Unfortunately, the company failed to disclose lots of material information and didn't make any progress on the governance issues that I had hoped would improve.
Will it get to .05? Geez, when you start at 0.35 and it gets to .085, that was pretty close, no? If the SEC suspends trading (MJNA is one of three in the sector where I see this risk), then people will chide my .05 call for being too high!
As I said recently, I hope that MJNA will get its act together. I would prefer to be wrong - best outcome is that MJNA fixes its crap and I can get behind it. Many think I am anti-MJNA or against its products, and that is so far from the truth. In fact, I have written favorably about the products. Unfortunately, a product isn't a company. I was scheduled to actually promote MJNA's promote products, an offer I made a while ago that was accepted and then rejected. If they really cared about the products and helping spread the word, you would think that they would have figured out a way to make it work.
I really expected that Llamas would be back by now. Like him or not (and I do on a personal level), he is the visionary and head honcho here. Unfortunately, his legal situation leaves it such that the company is in quicksand and he isn't able to truly run it from a legal and even practical perspective. The fact that Michelle Sides is the only person still on the Board of Directors or holding an Executive position who hasn't quit or sued MJNA should send anyone running.