Replies to post #75433 on Medical Marijuana Inc (MJNA)

[ospreyeye]

MJNA made approximately $17,000,000 a month for the last 4 months selling shares......

MJNA made $4-5M in sales last QTR?........$75M in shares sold.......do the freaking math people......

What, 5% or so of the money pulled on last QTR was from selling HEMP Oil & various products.....

95% of the money pulled in was from selling shares......over 200M last QTR alone....

So, tell me MJNA players.......is MJNA in the business of selling hemp oil or are they really in the business of selling shares?......

Let the debate begin.......I would like to see this topic explored on the board.....

This is real meat & potatoes stuff.......not pipe dreams.....these numbers are real, unlike some future projections.....

What's MJNA's real business?......selling hemp oil or selling shares?...........$$$

[protecturwealth]

Dilution or venture capital --- The essence of the otc market is to raise venture capital. If MJNA was increasing OS and not enhancing its business model I would call that dilution. Considering all the advancements from lets say a year ago , which has been phenomenal, I would say they are creating venture capital. How else would they be paying for all developments and acquisitions.

[WhirledBeet]

Stick with chart analysis, Ospreyeye. It is what you are better at.

[retreat]

increasing outstanding shares in not always delutive if the funds are utilized to buy more REAL assets/patents worth $$$ etc.
even keeping the cash on hand does not delute shareholder value.

It's when the cash is used for overhead/saleries/bonuses/interest etc that it decreases shareholder value.