Replies to post #105401 on Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

Cannavest paid MJNA the shares on 4/1/13

Cannavest didn't pay $MJNA the $6M (1M shares) until April 1, 2013, likely so that MJNA could recognize it in Q2.

The following is from Cannavest's 10-K, filed last week (see page F-11):

On April 1, 2013, the Company made its second installment payment in the amount of $6,000,000 by issuing 1,000,000 common stock shares with a quoted market price on that date of $6.00.

http://www.sec.gov/Archives/edgar/data/1510964/000101968713001370/cannavest_10k-123112.htm