Shares Outstanding NOW: 808,000,000........Market Cap Now: $287,648,000......
Old #'s before Fri.'s financials: Shares Outstanding: 598,6M........Market Cap: 213.1M..........
Let's do the math.......
MJNA increased the Outstanding shares for 598.6M to 808M......
that = an increase in the # of shares last Qtr by 209,400,000.........MJNA increased the OS by over 1/3.....over 33% increase in OS in 4 months......ouch.....talk about DILUTION......
MJNA market cap increased from $213,100,000 to $287,648,000 from the new shares added to the OS.......
That = $74,548,000 MJNA pocketed this QTR selling shares.......not a bad business model........
Sell Hemp oil & sell shares........MJNA making crazy money off selling shares.......
The question is, where did all that money go?............any answers.......I doubt any US bank would let MJNA bank w/ them.....
Where's all the cash going.......England?.....isn't that where the hemp fields are?......I have no clue what they're doing w/ the money, but one thing is perfectly clear, MJNA has made a fortune selling stock.......$$$
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