Replies to post #150710 on Medical Marijuana Inc (MJNA)

[deafelephant]

Currently reviewing why SEC would do an inquiry. Not a good sign when a lawyer (Michelle Sides) is being investigated by a law enforcement agency. If she was a good lawyer, this wouldn't be happening.

Common violations that may lead to SEC investigations include:

Misrepresentation or omission of important information about securities

Manipulating the market prices of securities

Stealing customers' funds or securities

Violating broker-dealers' responsibility to treat customers fairly

Insider trading (violating a trust relationship by trading on material, non-public information about a security)

Selling unregistered securities.

http://www.sec.gov/News/Article/Detail/Article/1356125787012