No pun intended. If you subscribe and pay their fee, you get the lowdown on what stocks the subscriber group is shorting or buying. The groups can be massive and have a lot of capital to deploy. If you look at Ashraf"s email list, the last article was sent to 5194 subscribers,many with deep pockets. This is their que to short for a quick trade. The articles can be all bs but its a scare tactic that targets the weak and inexperienced. You do not see them writing bashing articles on any dow or nasdaq 100 cos do you? Thats because those cos have too many big hitters invested including hedge funds and mutual funds and other whales. They would simply laugh at these idiots attempting to move a stock. Thats why they target pennys. SA subscibers are also bashers on these message boards. Its a team effort. SA will pump and dump. Kinda like comforting a baby then pinching her to make her cry and the repeating. Its a never ending circle. Quit listening to these scammers. Eventually the stocks either get strong and continue up,like I expect mjna or they fail cuz the momentum gets cut every time it moves forward. Stay strong in the stocks that you believe in and have done your DD. Quit cratering to the system or play along!!!! GL
This paragraph nails it. Longs quit looking daily if your a believer follow Kevin Allyns advice as it applies to mjna also! Read the full letter.
I recognize that many of our investors have very short time horizons, but management does not. We, as management, are committed to generating shareholder value in this space, which includes maximizing long-‐term cash flows. So while many of you seem interested in what is happening minute-‐to-‐minute, hour-‐ to-‐hour, or day-‐to-‐day, we will continue to look at where we want the business to be monthly, annually, and on a longer horizon and we define our success on that basis. That perspective necessarily will have positive short-‐term effects, but the micro-‐ short-‐term is not the vantage point from which we manage.
Thanks deep. Good read and mimicks the issues these mmj cos are having as this industry unfolds. I posted this letter on the mjna board also just becuz it is similar to the same bs they are fighting. Hoping for a pullback to pop in here. Hate buying anything up 50% in a day. Thanks for da heads up. Oh ya the recent financials of SKTO not to shabby!!
shareholder letters. These mmj cos are fighting the same battle. SKTO profit 5mil and stock up 50% today! No I'm not a holder of SKTO so no pumping just a comparison.5/22/2013 - Letter to SKTO Shareholders from Kevin Allyn Dear SKTO Shareholders:
I wanted to take this opportunity to write about recent developments at the Company over the past few months, to advise you about certain items that are happening now, and to comment on certain conduct among our shareholders.
First, as you have seen, over the past 6-‐8 weeks we have "cleaned up" the Company’s corporate status and had OTC Markets remove the skull and crossbones. No matter what some of the amateur attorneys on the boards might think, this process does not occur overnight, is not easy, and takes real work so I commend our staff and professionals who made this happen for their good efforts. Of course, we intend to operate the business strictly within the bounds of the law; while the laws governing the business of marijuana are complex and seemingly inconsistent as between certain jurisdictions, we are doing all we can to ensure that the Company complies strictly with all forms of regulation.
Second, we have also been involved in a number of strategic acquisitions about which we have issued press releases. These acquisitions are real, involve real people, assets, and revenues, and will work positively and dramatically for the future economic health of the Company.
Third, I want to emphasize that we do not manage to the boards but we are aware of your needs as shareholders and I think you have seen that we have attempted to be responsive on certain issues and inquiries from shareholders within the bounds of the law. We will continue in that effort, but we cannot spend voluminous amounts of time dealing with investor issues and direct investor inquiries while taking away from the efforts of our lean staff to advance the business. Nonetheless, we are considering appointing an investor relations individual or firm to assist us in this regard and I hope to have more to report in this area in the near future.
Fourth, I recognize that many of our investors have very short time horizons, but management does not. We, as management, are committed to generating shareholder value in this space, which includes maximizing long-‐term cash flows. So while many of you seem interested in what is happening minute-‐to-‐minute, hour-‐ to-‐hour, or day-‐to-‐day, we will continue to look at where we want the business to be monthly, annually, and on a longer horizon and we define our success on that basis. That perspective necessarily will have positive short-‐term effects, but the micro-‐ short-‐term is not the vantage point from which we manage.
Fifth, I want to make clear that we continue to endeavor to build our team. We will not always make announcements about the results of that effort but we are seeking highly qualified directors and management to move the Company forward and we will continue to do so.
Finally, I want to discuss something that may be sensitive for some of our shareholders but that has frankly crossed the line from open debate into outright attempted interference. We have seen efforts by many on the SKTO boards to undermine the efforts of the Company and the value of the investments of you as shareholders, and we can demonstrate who some of these people are.
For example, we had one of our shareholders, who appears to be an active poster on the boards under the pseudonym “I-‐Glow”, contact the California Lieutenant Governor’s office and say frankly inappropriate and baseless things about SKTO in an effort to draw attention away from the fact that Gavin Newsom actually provided the quote that we made public (notice, Gavin Newsom has not retracted the statement or attempted to distance himself from it). A true and correct copy of this individual’s board post bragging about what he had done, as well as the actual email he sent to the Lieutenant Governor’s office, with his contact information, can be found by clicking HERE.
This same individual undertook weeks later to make contact with a party with whom the Company was in negotiations to finalize an announced planned acquisition, to apparently defame the Company and otherwise attempt to dissuade this person from coming fully aboard (needless to say, these efforts did not work but it speaks volumes about the lengths to which certain individuals are inclined to go to actualize their online prophecies). A true and correct copy of the email this person wrote can be found by clicking HERE.
This kind of conduct is dubious, and might well be unlawful. We ask you to please join us in shunning these people and their efforts to bring down the value of your investment and to otherwise harm the Company’s interests based on their fomenting of rumor, speculation, and innuendo. Please keep in mind that, some of which are not necessarily aligned with your interests or the interests of the Company; be mindful that the boards provide a forum for a veritable hodgepodge of competing interests, and motivations, where things are said often without basis, and seemingly hidden behind anonymity, because as the emails I reference above attest, many individuals posting are likely not looking out for anything other their own individual interests.
Of course, it goes without saying that, nothing in this letter constitutes investment advice and as an investor you should and must conduct your own diligence to determine the nature of any market risk for any investment you make. I have not provided any forward-‐looking statements in this letter
As one of the newest #$%$ service companies with a high-‐growth and low-‐cost profile, SKTO is positioned to make you a proud shareholder in 2013. Management believes that demand in this sector will continue to be robust. Thank you for your support of the Company and I wish you continued success in your investing efforts.
Watch us as we continue to grow!
and they should believe a basher like you with no more trading experience than the goats your pumpin. You have no financial crudentials and write articles with quotes from message boards. I have to laugh at your followers. If I was to end up losing money on MJNA, I would still feel better than if I were to follow your idiotic and arogant lead. Good ol American principal. I dont know which I hate more, your lame followers or that stupid phu kyn picture of yours thats attached to your nonsense articles!
selling their share right before the close on thursday because of an article from SA. You deserve to get burned if your trusting a goat banger like Ashraf, Someone bought almost 3mil of you losers shares at the EOD and will sell them back to you at a higher price tommorrow. I cant figure out why any American, with any knowledge of the stock market. would sell stock on advice from a guy like Ashraf Eassa, The name alone should tell u someting, Live and learn losers!!!
That article is nothing but spam! Worst no content article I have seen from that goat banger. Quoting message boards? Frikin please!
I'm sure it was but how much earlier? It could have been right at EOD. My point being 3mil shares is unusual for a single buy order! No?
Come on now, I cant be the only one seeing this as the last settled trade. settled at 16:00:30. Anyone??
Thats the most intelligent thing I've heard you say!!! Your like the Riddler with all the questions and never any answers.
Thats a question was answered from the earlier earnings forcast. Yes the Cannavest shares recieved are counted as income but what is misleading is they said it would also or possibly be paid in cash. I dont think now that there was any intention of CV paying anything in cash cuz they dont have it. I dont think realisticly that any long liked the earnings report. I know I didnt. I do think there is more to the story then MJNA is telling us. I will stay a shareholder hoping that what isnt disclosed will only benefit the company and shareholders. I do know that this industry is under a microscope cuz pot is still federally illegal, and companies participating must be careful how much they publicly disclose. They must be creative in financing and operations. The potential gains is worth the gamble if its a small % of your portfolio. Long term holders have the potential to make huge gains in these pot stocks!! IMO
SA Alan Brochstein comments seem to have a more positive view on MJNA. I know there is some negatives and questioning in his article but it is the same questions I want answered. When u get clarifacation, some answers from management, and some increased numbers out of all mjna's portfolio, This stock has some great upside potential. Brochstein has been a continuous basher and hater but now it seems to me he could be changing his tune. Not that he is credible but SA has alot of followers and they trade accordingly. I dont put much into SA authors but as an investor you must pay some attention, they do seem to swing a stock with their persistence. Listen up MANAGEMENT, we want execution and complete transparency!! GL
The only headway your making is the head thats way back in your throat. Now swallow big but be gentle!!