I gave this some more thought today and I wanted to add a few additional comments. First, I forgot to say that Mr. Llamas has not gotten us in to very much debt. That is a very notable and worthy thing and leads me to SRER.
I think everyone who is interested in understanding how one moves up through the OTC should first read the 4Q financials for MJNA and then read the 4Q audited financials for SRER. I think SRER has one of the best and most honest quarterly reports I have ever read. They are similar to the MJNA multi-lined business model only it is for the internet. It is well written and easy to follow along. One gets the sense of the business quite easily when reading it. Llamas wants to take over the cannabis product world out there and Pakulis wants to take over the cannabis internet world in here. It makes our financials read like a novice wrote them. SRERs feels more professional. I especially like the first paragraph on the cover page.
When I said these companies are fragile, SRER is so honest about what that looks like in their report. I truly challenge you to read through it just for the experience. I did it again tonight and am so impressed with them. I hold a small nominal share holding in this company at $1/share. I am considering adding more simply based on their integrity. I have held back, because of their debt...which Mr. Llamas has not asked of me and my MJNA shares.
SRER has increasing revenues, but boy does it have a burden of debt to go with those fancy numbers. Mr. Llamas has very skillfully structured deals to avoid the numbers shown on SRER's report...at least for now.
So let me recap.
QoQ increasing and notable/substantial revenue growth.
No dilution
No debt
From my humble seat, Mr. Llamas is doing a great job as the leader of MJNA so far, regardless of what he has done in the past.
The only strangeness about Mr. Llamas is that he owns no shares of MJNA. He has chosen to operate out of the ivory tower of HDDC and arms length from the rest of the MJNA shareholders. I find this interesting and wonder about its consequences. Is it the reason, MJNA is acting completely differently then the rest of the sector? Is he hidden away from shareholders because of his past? Is it because of his greed and/or need to own and control the intellectual property? I don't know, but it is the piece that I find my mind chewing on from time to time.
For now, all seems to be working in good order, but I do have my eyes open and am watching him...that is for sure. I am waiting to read all about it in MJNAs audited financials and I will be looking for an open, honest and integrity filled explanation...just like SRERs.
Market Data 
Markets 
AI
