Replies to post #55046 on Medical Marijuana Inc (MJNA)

[Odeen Odessit]

right, only when the float is maxed, the next thing to get an increase is the os and the as. does that not make sense to you? i dont see how the float is irrelevant when the a/s is due for an increase if the float is maxed. and wouldnt you like to know exactly how much they have diluted? Are you disillusioned by the upside so much that you dont care about fundamentals?
Lastly, if they are looking to become fully reporting, why not report the current float in q3?

[mudpuppy]

yes, well said Robert.

The float is a minor matter in this case. The fully diluted os includes the float and tells us everything we need to know. Theres no way to find out the current os, and therefore any new dilution between financial reports. The transfer agent used to give out this data but no longer.
The fact is that the only thing aligning our interests with management is the increase in stock price, since their closely held shares are still price dependent. Sure they screw us with their stock options and expense accounts, but the stock options are usually dependent on the price rising.