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cn78

05/27/17 1:49 PM

#43908 RE: Laz48 #43906

It will never hit 10 cents. NEVER.

We'll be lucky to get to 2 cents. Buy some and flip it.


GLTA

recinvestor

05/27/17 2:47 PM

#43909 RE: Laz48 #43906

I'll try to answer in a respectful manner...

MJTK is indeed a "penny stock", but being a penny stock doesn't mean it's not public. Any stock trading on the OTC exchange is a public stock.

As for MJTK hitting a dime or a quarter, those are figures so far out of the realm at this stage, that any talk of a dime, let alone a quarter are outrageous. It's important to understand market cap, share structure, and price to earnings ratios to properly come up with a stock valuation.

Even with an understanding of the above, it is very difficult to value a stock, especially considering that MJTK has no earnings to report right now, and their financials are unaudited.

There are some MJ stocks that have very high market caps, that for the most part are unjustified. Or are they? In the OTC, wild valuations are placed and largely based on hyperbole. Sometimes these over valued market caps hold for a while, but most eventually break down. The ones that have gone to extreme market caps have powerful and potent "ingredients" that push the price to extreme levels.

Examples of those "ingredients" include a great story with consistent news flow, small floats, short squeeze triggers, and likely paid promotions.

MJTK has had small samplings of these "ingredients" at various times over the last several months, and it appears they are sprinkling in some more of these "ingredients" to bring some much needed exposure if they want a flow of trading volume to continue.

Overall, with the mix of "ingredients" currently in the play, MJTK could see a penny or two, but the "ingredients" this time around are a bit more diluted and have a lesser effect to the seasoned tasters who are still around. If there's a positive though, it's that we have a new chef in the kitchen this time around, that seems to have starting adding one of the key ingredients...

Don't get me wrong, I'd love to see this stock trading at a dime to a quarter, but we're so far off from any topic of conversation whatsoever at those price levels.

Focus on a penny first and "hope" for a semi locked up float for anything to push it above a couple cents.

Good luck and arm yourself with knowledge the best you can!
MJTK
Rec
























With respect to MJTK it would be better to