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Medical Marijuana, Inc. Message Board

  • perfect_perfrctionist perfect_perfrctionist Feb 18, 2013 11:01 AM Flag

    Breaking news..Cannavest IPO

    w**.otcmarkets.co*/edgar/GetFilingHtml?FilingID=9075129

    Im so sorry Shorties....Muahahahahahah

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Pure foolery: from form:

      "Employees

      As of February 11, 2013, we did not have any employees. Michael Mona, Jr., our current sole officer and director, spends about 50 hours per week on our operations. We are currently in discussions with qualified individuals to engage them for our research, development, business plan implementation and acquisition of currently operating businesses."

      Why the heck would I invest in a company with ZERO employees as of 7 days ago?

      • 2 Replies to dinkins_danny
      • I don't think he was telling you to invest in CannaVEST, which has only a sole director (See what you quoted). Look at MJNA's associations with the filing. Search for #$%$, Inc" within.

      • A little bit more, if your still considering investing:

        Risks Related to Our Business

        We require additional funding to continue our operations. If we do not secure additional funding, we may not be able to develop our business which will affect our ability to generate revenues and achieve profitability.

        Our failure to raise additional capital to finance our business could force us to limit or cease our operations. Our business plan contemplates that we will develop and acquire hemp-based products, but we do not currently have the funds needed to make such acquisitions. Accordingly, we will need to raise additional funds, and we may not be able to obtain additional debt or equity financing on favorable terms, if at all. If we raise additional equity financing, our stockholders may experience significant dilution of their ownership interests, and the per-share value of our common stock could decline. If we engage in debt financing, we may be required to accept terms that restrict our ability to incur additional indebtedness and force us to maintain specified liquidity or other ratios. If we need additional capital and cannot raise it on acceptable terms, we may not be able to, among other things, finance the acquisition of businesses or provide working capital to develop products and grow and sustain operations, which would negatively impact our business and our ability to generate revenues and achieve profitability.

        Investors may not be able to adequately evaluate our business due to our short operating history, lack of revenues and no customers. We may not be successful in developing our products or our services and the value of your investment could decline.

        We are a start-up company with no operating history, no products and no revenues. This makes it difficult to evaluate our future performance and prospects. Our prospects must be considered in light of the risks, expenses, delays and difficulties frequently encountered in establishing a new business in an emerging and highly-regulated industry, including the following factors:

        · our business model and strategy are still evolving and are continually being reviewed and revised;
        · governmental regulation may negatively affect our ability to develop, market and sell our products;
        · we may not be able to raise the capital required to develop our client base and reputation; and
        · we may not be able to successfully develop our planned products and services.
        There is no assurance our future operations will result in profitable revenues. If we cannot generate sufficient revenues to operate profitably, we may suspend or cease operations. We cannot be sure that we will be successful in meeting these challenges and addressing these risks and uncertainties. If we are unable to do so, our business will not be successful and the value of our common stock will decline.

    • I'm a young investor so I'm not following. What is that?

    • Rock on Mjna you rule!!!!!!!!! What $20,000,000 cash for mjna on offering I thinkkkkkkkkk?

      Sentiment: Strong Buy

    • MUAHAHAHAHAHAHA

 
MJNA
0.1903-0.0032(-1.65%)Jul 22 3:59 PMEDT

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