We need to hear from the doctor, some sort of outlook. Sales down even further sequentially from a bad Q1 how can they not say anything
$2.2M in sales at 65% GP is nothing to dismiss.
Looks like a great deal of the $16M in losses are related to litigation and settlement.
Would love a statement from MJNA discussing expectations of additional costs to be incurred.
Skys, more likely even more shares have already been issued in a deal that has not yet been disclosed, and those shares have been taking any market price the seller can get for the last several weeks. With 5B authorized, they went from 1B outstanding to 1.8B outstanding in 1 deal 9 months ago. They have another 3.2B shares to play with without any notice to us.
10-K for 2013 filed this morning. Very dire outlook. Hard to read into recent activity. Need 2014 and current to make any sense of this company.
I'll go down kicking and screaming with this one. Best way to defend your claim on a class action. Unless they actually do as well as they could, which I do find possible, but sick to death of losing money and sick to death of deals for new shares.
Pumpers working hard tonight. More $0.04 shares for sale before q2 reports. Maybe 833M total of them!
Must be on loan, most MJNA investors are down 50% or more and no cash left for such things. If I were a bank, I could accept a pledge of 4,000 shares on loan per box of tissues I suppose, what you say could be possible.
Filed today, 250M shares unloaded to 2 new consultants to the company.
Let the pump begin. I am sure Mr. Babiak and Mr. Curtis want to get at least $0.0005 for their shares.
Each of these consultants both now hold more shares than CEO Kevin Yates.
They are dumping millions of shares for $0.04 to unknowing investors.
Just wait for the Q2 to report.
That's right folks, criticism of your investments is not welcomed here. Only people on happy-medicine allowed!
I would have expected any new executives to be over at HempMeds. The fact that Kannaway is bringing in new executives does actually put me at ease a little. He was't brought in to "turn everything around," rather he was brought in to enhance the business. Looking forward to the Q2 report.
RBS recently stated in Barron's that the $1125 gold level is a bottom area with forecasts to 1200 by years end and 1300 for 2016. Looks like the market still sees the end of the gold mining industry every time gold drops a couple dollars in value.