Replies to post #113772 on Medical Marijuana Inc (MJNA)

[bensondog]

ALL FIGURES ARE MEANINGLESS UNLESS ONE SELLS AND MAKES A PROFIT.

[NavyMSU]

OTCQX is what was promised. Most investors are expecting OTCQX uplist. OTCQB is not an acceptable consolation prize.

When it breaks .10, the sling shot/sky rocket probability drops significantly.

We've all known for some time: audit + uplist and any fed response positive towards legalization or significant reschedule would allow us to trade at high multiples.

Obama and Holder aren't going to do anything: no legalization, no reschedule, no banking reform, still allow DEA to crack down on dispensaries and growers.

So it'll take a year or two (mostly likely be a campaign '16 issue) before we get anywhere on the federal front.

Next is the uplist. Drop below .10 and we're kaput! The company will require a reverse split, then start the 90 days.

NYSE won't do anything because if this company can't maintain the current price, who's to say they'll maintain a good price after a reverse split?

If we break .10, investors will all cut their losses and only a few will be left holding: few buyers will be paying on the way down fr all the sellers... When it hits a bottom, speculators will buy up the rest.

Breaking .10 is all about behavioral finance, something very very few people on this board have any understanding of.

I'm looking to buy back in, higher or lower, I'm just waiting for real news that can't be torn apart by bashers. This company sucks at writing bulletproof PRs or reports.