Interesting Bloomberg article.
Gold is so cheap by market pricing that the miners are sacrificing efficiency for short term yield to keep up.
Gold must appreciate.
Tells him he's been too obvious, a disappointment and embarrassment to the toxic debt industry. Reduced the return on MJNA share sales significantly with failure to pump enough returns into the sales channel for mirage of results
Capital from the private placement will fund reactivation of their other mine, what's to hate?
The 50-day is upticking and the 200-day should start to level out into a bullish reversal, setting up a gold cross for late January/early February
OG it was you that pointed out how Titus was always involved, from the very beginning, when I was so excited for him to become new CEO. How sad indeed.
They would have a great luncheon discussing methods to devalue investors and pilfer the stock market.
They all own private companies and do dealings with themselves for cash and for stock.
But George Economou has them both beat. He at least incorporated in the Marshall Islands instead of the United States. After robbing hundreds of millions of dollars from DRYS investors, Economou now has one of the largest private collections of fine art in the world, while his publicly traded DRYS is about to go bankrupt.
I wonder if Llamas or Titus has started purchasing famous works of art as well....
I hear Stuart Titus' private company General Hemp will lend MJNA $20M cash to start selling hemp in NC in exchange for a note convertible at 10% lower than the MJNA stock price convertible on or after November 2015. What a generous guy that Stuart Titus bless him
I am suggesting those notes receivable will be paid with funds acquired through the outside transfer and sale of MJNA converted note debt.
They fired the primary cannon when old pals Titus and Llamas sold us Kannaway. Kannaway lost $500,000 just in the last 3 months by the way. Laughing all the way to the bank.
Sales are down because the executives are more concerned about the stock market piggy bank than running the business. New notes for the same players, when MJNA just settled with Mona in Q2! Seriously???
If this "takes off" it is in no way a fundamental move. Trying to play it is participating in a game of deception
This was the only reason I was holding out, remaining a shareholder all this time. But I think this story ends with jail time, or, at minimum, some folks that will never be allowed to own a business or be an executive for a public company ever again. At the end of the day they don't have any money to give back to me so time to move along. If a suit develops I'm willing to bring resources to the table.
This is the same $2M in inventory that Kannaway bought from HempMeds over a year ago that led to a press release by MJNA about record sales and growth at HempMeds.
These crooks constantly doing deals with themselves pretending there is real business and using that to sell shares.
Pretty soon we'll find out MJNA is diluting shareholders again to buy a distribution company in Siuth Korea. Wash rinse repeat.
Kannaway still sitting on that same $2M of inventory they had when my $0.11 shares bought the company.
This is a great stock if you are personally involved wheeling and dealing selling shares under where the market can purchase for debt and losing money down the drain, buying out your friend's company for personal profit and shareholder losses. Please do associate the names Michelle Sides, Michael Llamas and Stuart Titus with this scam of a company and all there misgivings.
I will trash this stock, this company, its products, Michael Llamas Stuart Titus, Michelle Sides and the rest of them at every chance both publicly and privately at my disposal. The share sales end and this company going to BK you watch.
NO MORE MONEY FOR THESE CROOKS