Also, I see a MCOA insider with almost 500,000,000 shares just dumped 1.5 million shares. All these OTC stocks are retail rip offs. Retailers are nothing more than ATM's for OTC CEO's and insiders.
Well, for one it is not an investment for an acquisition or merger. It is for MCOA to operate. So you are not going to see a big pop upward in their stock price from the start of the investment. Also, it is up to ten million dollars ($10,000,000) in shares of MCOA common stock to K&J over a period of up to thirty-six months or until $10,000,000 of such shares have been "put." So, this deal is a long process of investing in MCOA for a few years so that they can operate. MCOA is still operating 6 months later so we have to assume it's working.
Even the SGMD deal with K&J Funds is up to $20,000,000. So, the key words there are up to. So, it could be significantly less for both companies and with MCOA it is stretched out over 3 years. So, it is certainly plausible that K&J Funding could handle the funding for 2 companies.
Also, if John Vu and company are con artists then that means about 4 or 5 companies are involved in this con. That means NUGS, SGMD, Hempistry, K&J Funding, MCOA, and others are involved in a multi company scam. That is a highly ambitious undertaking if that was the case. I highly doubt it. I think what you are seeing is the early stages of these guys trying to build and take advantage of a new industry. That is it.
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