Replies to post #67914 on Marijuana Inc (MAJI)

[Snelly]

Not shaky in the least, but what should matter to you most is your share price, it’s not good and the future looks very poor. Marijuana stocks just aren’t a good investment

[I-Glow]

The CANN case is stronger than ever - Costello committed Statement Perjury and that is criminal not civil.

Costello and his Attorney filed fraudulent documents in Federal Court.

I suggest you go to Pacer and you will see how poorly the response was put together - it was as if neither Costello or his attorney had read the Capital Management Agreement.

Costello made materially false information to the Court.

From the Capital Management Agreement:

"4. DEPOSIT. Company will coordinate with the Client to provide an initial deposit of US $25,000.00, to be received to the aggregate account upon execution of this Agreement and prior to the commencement of capital management services as described herein

Funds related to any initial cash deposit will process and become available after 10 business days. Client will maintain a minimum deposit amount of US $25,000.00 with the Company for the first (90) days after account funding. Subsequent minimum balance will be assessed based on compliance and risk analysis performed during the first (90) days Company accounts are protected by an FDIC insured institution."

Costello swore in a statement the following:

"CCSAC, CANN and NUG also failed to maintain required cash conversion balance sheet ratios. The contract specified a minimum balance of $3.5 million maintained in the accounts for 90 days and could be reevaluated. This minimum amount was never reduced."

So, Costello lied to the Court because no where in the Capital Management Agreement does it state a minimum balance of $3.5 million - it states a minimum balance of $25,000.

Hey Costello you committed Perjury.

IG