5 weeks and a day ago, Dr. Titus, MJNA CEO, signed a document submitted to the SEC that MJNA anticipated to report the FY2014 on 13 April 2015 (3 weeks ago).
Maybe Dr. Titus is taking too much of his own medicine?
Really struggling to figure out why this faulty guidance was issued.
When they start putting out mainstream press that hemp and medical mj are the next growth sector like social media, the only thing we have to consider is will MJNA be looked at as a serious company in the emerging sector. This answer is yes in my opinion and will soon become evident. I am so very afraid of significant dilution to pay for Kannaway that otherwise I would have my house in MJNA stock right now.
Dr Titus already gave guidance on Kannaway up through February so I do hope to see a joint Q4/Q1 release. If not then we will need strong guidance. Anything less and the stock falls some more. I'd like to see the Stewart Labs statement be a mainstream press release also but no one is picking it up. No one will if the earnings don't surprise.
SolarEdge is absolutely eating into Enphase marketshare. At almost $0.30/W cheaper than Enphase, the only downside is a 15-minute install of the string inverter. With module level monitoring and a $0.30/W savings, we suddenly learn why SolarEdge has been and is in fact a significant threat to Enphase.
$100M would be $0.10/sh by itself, pending however Kannaway was apid for (new shares???).
Stewart Environmental went bare knuckle against Cranford as a driver in getting the preliminary released to 3rd parties (Project CBC/Hemp Oil Hustlers). Watch the video from Stewart Environmentals...
Strong headline! But I do not see any details what was the settlement $$$$
"The company later issued final results that showed their previous findings to be inaccurate and chose to settle the landmark lawsuit with Medical Marijuana Inc, which lab tests their products at least twice to verify results."
The metals the lab added that work as a catalyst in testing for metals were not removed in the preliminary results. In other words, the "heavy metal contaminants" were the very ones introduced by the lab as part of the process in testing for the presence of other metals. RSHO name cleared! How about those "hemp oil hustlers? " Damages coming...
MJNA tweets this morning!
We could see a $6 as true costs of ALU integration unfold over the next few Qs. Might get a EUR rally on the Grexit and that would certainly move the stock.
My god man... the dilution.
Well, it is fiscal month end at my day job. That makes MJNA 4 months since the Q4 closed out after a bogus late filing telling investors to expect earnings on the 13th.
Great with the new website and all. Maybe we'll learn what that cost by end of year. If they can't get earnings reported on time even on their own guided timeframe, can they really own operate and fulfill web-based orders in a timely manner?
So many times, I have this glimmer, this vision, of a great company with amazing potential. Then I get reminded exactly why we are on the pinks. Constantly.
If this report comes out they sold 2B shares to acquire Kannaway that might be the final nail for me.
It's about respect for rule of law. As long as it is illegal he is doing his job. Not all of us have such nice privilege to simply not obey the law because a President has no respect for law.
That said, any local sheriff can show DEA the front door out of town if it is locally legal. DEA simply has no authority at the state level and never will. Only by complying with executive authority does DEA have power. This is entirely a state's rights issue.
The laws need to be changed ASAP!