And after they released the earnings report the stock went from $.27 to $.12 .. Is this correct? And now we are waiting for them to make those numbers official by May 15th? If the numbers caused a crash since the April 11th release , why would you hold stock here? You think the numbers were low?
Better question. Why does the revenues forecast for 2013 = 47 million, with 35 million coming from CannaVest and 12 million being sent to Europe for approval? Why do these numbers add up so conveniently? Was the 12 million the money taken from the election hype? 35+12 = 47
So the projections were based on their permitted right (as a pinky) to report stock sales as revenue...As we all know, CANV does not trade, and so MJNA will be acquiring the shares by the end of the year, shares that have no value. It seems to me that the only money invested in this company was 12 million from election hype that poured into MJNA. And sadly, that money has disappeared.
Sentiment: Strong Sell
Why did Tripp Keber step down if earnings were so good? Is it safe to say he was the 'face of MJNA'? Michael Llamas, majority shareholder, stepped down from the Board as well. Did they go to Europe?