Replies to post #213140 on Medical Marijuana Inc (MJNA)

[JohnBlaze]

Its actually undervalued currently. Based on the last reported "total assets" it was $347,306,609. That's based on 3rd qtr 2017 which is current last report. We know they've been busting barriers since then and also axim has gone up, but lets forget that for now.

Page 18-> https://backend.otcmarkets.com/otcapi/company/financial-report/183094/content

Take the current O/S as reported by OTC Markets 3,198,542,840 shares.

https://www.otcmarkets.com/stock/MJNA/security

Divide $347,306,609 by 3,198,542,840 = .108

Assets will increase for sure in the annual report coming. Hopefully share structure stays the same. If were really lucky maybe they've been buying back. That's dreaming but possible.

Either way MJNA is primed to take full advantage of all the great things about to happen in the hemp/cbd sector.

https://finance.yahoo.com/news/leading-stock-website-motley-fool-130000678.html

[skitahoe]

Just the stock in AXIM that MJNA owns is worth over $147 million, nearly half the company's current market cap. In that it's up over 30% today, it should have initiated a major move for MJNA as the other entities it owns are showing excellent sales increases.

I don't know when they'll issue an Annual Report, or report on the first quarter of the year, but clearly these reports should reflect growth and indicate the stock is dramatically underpriced.

Gary