InvestorsHub Logo

mayflyday

12/22/14 2:05 PM

#179825 RE: kevindenver #179824

MJNA reported that they might have to pay those shares two quarters ago so nothing was omitted or misrepresented. Settling in shares is not dilution in the sense that shares are sold by the company for profits. It was just how the case was settled. The number of shares can be easily absorbed and Reon has simply increased their stake in MJNA. What they plan to do with those shares no one but them knows but they certainly wouldn't want to take action that reduces value in them.