• Rolling O Research
\$MJNA \$6.5M of Q4's \$8.07M revenue was final installment of CannaVest deal. RDH and CanChew combined contributed less than \$300K.
1/23/14
• touchdowntommy: very surprised by this company! They might just have it right
1/23/14
• Rolling O Research: I guess they have it right, if "right" means overstating the percentage increase in HempMedsPX sales by 100% in the PR.
1/23/14
• geeker: Det_Robert_Thorne, the exact details of the MJNA numbers weren't given in that article, however, you magically assess your own numbers.
1/23/14
• Rolling O Research: Did you do the math? We know CANV owed MJNA \$6.5M in Q4. \$8.07 - \$6.5 - \$1.31 < \$0.3M, and ((1.31-.249)/.249)*100=426%, not "more than 500%"
1/23/14
• geeker: Try 1.57.........
1/23/14
• Rolling O Research: PR clearly says HMPX rev increased by \$1.06M. Q3's was \$0.249M. That's a 426% increase, not 500%.
1/23/14
• Rolling O Research: BTW, \$8.07M total - CANV's \$6.5M = \$1.57M, which is HMPX + CanChew + RDH + Wellness. \$1.31 is HMPX alone. http://tinyurl.com/mjqhbsh
1/23/14
• geeker: "gross income of approximately \$8.07 million." Maybe it was higher, maybe it was lower.
1/23/14
• Rolling O Research: Maybe, but based comparing past filings and PRs, the diff will be small. Without CANV payment, Rev would be well under \$2M.
1/23/14
• geeker: Well, until we read the actual Q4, I guess we shouldn't try to calculate approximate numbers then.
1/23/14
• Rolling O Research: Analysts do that all the time, and it's something I used to do as a semiconductor industry analyst.
1/23/14
• geeker: Now you're a 420 analyst still trying to get MJNA down to AB's prediction of .05. I'm waiting for the new article stating your approx #'s.
1/24/14
• Rolling O Research: That's what analysts do.
1/24/14
• Leroy Jenkins12: still cannavest has increased from \$14 at the start of the deal to over \$70 recently, so the original installments paid to \$MJNA are up 500%
1/24/14
• Rolling O Research: That's true, but \$CVSI only had about \$1M in sales in Q4, and they don't sell marijuana. So why the \$1.2B market cap?
1/24/14
From other sites
• at Benzinga.com (Jan 6, 2015)
• at Benzinga.com (Jan 4, 2015)
• at Benzinga.com (Jan 4, 2015)
• at MarketWatch.com (Aug 25, 2014)
• at Fox Business (Jun 26, 2014)