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k2junge

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  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    Non of those accused have been convicted of crimes, and only one who is no longer involved with MJNA has actually been indicted, and may or may not be found guilty on charges having nothing to do with MJNA.

    Nobody currently involved is a criminal. The only thing criminal is this blog post by an anonymous author who is short MJNA. What a joke that SA even allows such a thing.
    Feb 18, 2013. 04:25 AM | 1 Like Like |Link to Comment
  • Medical Marijuana: It's Just A Pump And Dump [View article]
    MJNA has real earnings of over $3 million in Q4 2012 on revenues of $5 million. In Q3 2012 they had over $3 million in Revenue, and over $1 million in profit. You can see that the revenues are increasing rapidly. This is what attracted me to the company, plus reports of their Dixie line of THC infused products selling well in Colorado in more then 500 dispensaries there. Anybody who cares to analyze the company can see the potential as there are 17 more states that have legalized medical marijuana. Add to that the two new recreational Marijuana states of CO. and WA and you get a huge potential for revenue for this company. The company was featured on 60 minutes in Oct. 2012 and can be viewed at the following link. http://cbsn.ws/142CjsY

    60 minutes is known to be quite thorough before featuring a company on its shows as they are the most respected investigative journalists around. I wonder why some authors on seeking alpha do not take more care in checking facts before making a blog post.

    I would recommend that all readers interested in this company Medical Marijuana, Inc. (MJNA) do their own DD. The company's website has a lot of valuable info at http://bit.ly/TZJc6W

    Trusting what somebody writes in a blog article is about the worst place for receiving investment advice. You never know what the incentive is for the author writing the blog.

    While there are such things as pump and dump schemes with stocks MJNA certainly is not one of them. Their stock price rose after reporting their Q4 results in January. Anybody who takes time to research that can see it for themselves. Ups and downs are also normal for any company's stock price.

    The company has also reported that they intend to issue guidance in the coming days as to future expectations for the company as well as their already submitted plan to uplist to a higher stock exchange.

    Do your own DD. I have done mine and came to the conclusion that MJNA is worth a small investment which I can afford to lose should things go south. I have confidence that this will be a successful company.
    Feb 18, 2013. 04:12 AM | 38 Likes Like |Link to Comment
  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    The following describes exactly what is happening here with MJNA.

    The Short & Distort Scheme

    Stage I: Monitoring
    In stage I of a Short & Distort scheme Short groups Monitor spikes in volumes on stocks with no rumors.

    Stage 2: Flagging
    Shorts Flag stocks that run up then sits back and wait patiently for their time.

    Stage 3: Preparation
    The Shorters research the company and develop their Distortion of the rumors to be used later.

    Stage 4: Actual Shorting
    The shorts step in selling on every possible up tick. This is the Reverse of front loading. Preparations are made to attack the guy who had earlier written positively about the company and take out, discredit, any new long-term champions or messengers.

    Stage 5: Distortion Campaign
    The shorts step in and increase selling on every possible up tick. Just as with the pump, newsletters, e-mail, PR firms against P & D, etc. are simulated. Expertise in the field is recruited for credibility. Any possible twist using POS (Purposely Omitted Syntax) and PAS (Purposely Added Syntax) is conveniently used on every possible angle. If the POS/PAS is discovered then attack the messenger. Above all control the message boards.
    The group clutters the message boards so no positive information can be readily found. Justification is the Value of the Company in the market. Projections of $0.00 worth and loss projections of 100%
    Note: The market manipulator will do everything in his/her power to keep buyers OUT OF THE STOCK. Cut your losses is touted to stimulate fear. You bought higher but now they need you to sell lower.

    Stage 6: Pressure
    The shorts have taken it too far. The volume is increasing and the price is not effectively dropping. A stalemate occurs. Personal attacks increase. Threats of legal action, SEC involvement, and yes even death threats increase. Increased secret IDs are employed to increase the cluttering, personal attacks and the distortion. So begins a string of lies that run for as long as one's stomach can take it. Desperately playing on the "you have been had" scenario. Any new news will be hit it hard by shorters to kill any interest.

    Note: Watch the volume not the share price. A market manipulator will have various brokers buying and selling the stock to give the APPEARANCE of increasing volume but the price goes down. Thus stimulating the story the company is selling or an off shore reg S or other convenient scenario. Watch for large blocks that show up but have a MM special code, cross overs, etc.

    Stage 7: The Cover
    Without warning the buying pressure is too much and the short begins to cover. Short covering combined with new investors buying into the stock causes the stock to go up. Often the whole thing starts again. Just a vicious cycle sometimes.
    ______________________...
    Note: Pump & Dump schemes I have seen are investigated by the SEC most of the time, however the Short & Distort scheme is not apparently high on the SEC's agenda. The shorts, unlike the dumper though, has an unlimited loss factor should the stock price go up.

    Most traders have heard and read of the Pump & Dump scheme. But very little has been written about the other side of the trade or its opposite, which is the Short & Distort.

    Now lets take the Short & Distort scheme and apply it to the rules of Pump & Dump for stock manipulators.

    In order to make these market manipulations work, the professionals assume:
    (a) The Public is STUPID and
    (b) The Public will mainly buy at the HIGH and
    (c) The Public will sell at the LOW.

    Therefore, as long as the market manipulator can run crowd control, he can be successful in his agenda of stock manipulation by controlling the market's greed and fear.
    Feb 17, 2013. 11:28 AM | 5 Likes Like |Link to Comment
  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    The Marijuana industry is just getting started and MJNA has a real foothold. Look at the dispensaries in Colorado where MJNA's Dixie line of products are being sold right now.

    MJNA was also featured on 60 minutes. How many companies can say that??
    Feb 17, 2013. 10:19 AM | 3 Likes Like |Link to Comment
  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    Who is the author? Why post anonymously? It has everything to do with the article. Why did he have to delete a whole part of the article? Why will he likely be sued for libel? Who is he?

    The real issues have been answered. The motive for the article was also clear as the anonymous author was short MJNA and wanted to have the stock price drop.

    I hope he did not cover his position yet as he is in for a surprise Tuesday!
    Feb 17, 2013. 10:12 AM | 1 Like Like |Link to Comment
  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    So I guess some of you would rather believe the author who does not even tell you his real name, or background, and who admitted that he has shorted shares of MJNA?

    Not only that, but he wrote about the wrong Michelle Sides which was something that could have easily have been checked. The author was forced to get rid of that part of the article, and could be facing legal action himself. Whoever he is. I wonder if he has a criminal record.

    The former CEO did resign last year, and has no further influence on MJNA, but the crime he is "accused" of has nothing to do with MJNA, and he could be cleared of all charges in the future. Nobody knows, but if you look at the facts there just is not much danger there for MJNA.

    Who is the Author??

    The people he wrote about are real people, and if there were crimes being committed then these people would be facing jail time. I doubt they would want to risk that.

    Still obviously you need to be careful on ANY investment you make. Be it in a large company, or a small startup like MJNA.

    I just don't think there has ever been an opportunity such as this before. The revenue potential is HUGE and real. Some companies are going to make Billions$$$ Will MJNA be one of them?? Nobody can say, but consider the source of the information you read, especially when the author does not even have the courage to post such an article using his real name.
    Feb 17, 2013. 09:15 AM | 1 Like Like |Link to Comment
  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    SA Article Rebuttal
    Courtesy of poster: Unclesilas

    Clear misrepresentations in your article:


    1)
    Quote:
    Anthony W. Imbimbo

    "Independent Auditor"

    Not PCAOB Registered (therefore unqualified to independently audit an SEC reporting companies)

    Culinary Institute of America trained Chef (with a minor in cooking the books?)


    You fail to mention that Mr. Anthony Imbimbo is a CPA, with an Accounting degree from Bridgeport University. Included on the same page you referenced - were you hoping people just wouldn't read? He also worked at Ernst & Young and multiple regional firms.

    He is not currently registered with the PCAOB, but was registered until 2010 when he withdrew registration - Imbimbo - PCAOB Registration. Likely withdrew his registration as there is a yearly fee associated with PCAOB membership and he does not audit any SEC reporting companies.


    2)
    Quote:
    Ms. Michelle L. Sides - "Chairman" and Chief Operating Officer

    According to multiple Medical Marijuana filings, Ms. Michelle L. Sides is the Chairman of the Board, Chief Operating Officer, and also indirectly controls ~ 48% of the Company through her beneficial ownership of Hemp Deposit and Distribution Corp. In addition, she is purportedly a Member of the Florida State Bar Association and possess extensive experience in corporate and real estate law. Interestingly, the Florida Bar records for Ms. Michelle Sides indicate she was previously the "Corporate Counsel" and sole employee for "North American Companies, LLC," the same entity Mr. Michael Llamas purportedly founded and utilized to execute "in excess of ten billion dollars in transactions" for distressed debt. However, in reality, Ms. Michelle Sides has been kicked out of the Florida Bar for unspecified reasons (rendering her not eligible to practice in Florida).

    She has not been kicked out of the Florida Bar - she is delinquent in her continuted education (CLER) requirements - more info here. She is more focused on running a company than keeping current with her continued education requirements.


    3)
    Quote:
    More interesting is the fact that on 09/30/12 and 12/02/12, Mr. Michael Llamas and Mr. Michael Corrigan, Esq. (MJNA's external counsel), respectively, certified that no members of the Company's management team had been subject to "a conviction in a criminal proceeding or named as a defendant in a pending criminal proceeding in the past five years" (Appendix C & D). This appears to be a blatant fabrication in regards to Mr. Michael Llamas prior court records. Moreover, THIS CLEARLY VIOLATES the OTC Pink Basic Disclosure Guidelines SECTION 8B.1

    Lies again... the filing from 9/30/12 does not include any such statement. The filing from 12/2/2012 states:
    Quote:
    To the best of my knowledge, after inquiry inquiry of management and the board of directors, neither the issuer, any 5% shareholder, nor counsel is under investigation by any federal, or state regulatory authority for any violation of federal or state securities laws.

    Although it is unfortunate that Llamas is involved in the wire fraud case, that is not a securities case. You do have a valid point that Llamas signed as president after stepping down, but I would imagine these documents were already prepared and signed as of 9/17/12 and it was an oversight that Ted Caligiuri needed to sign as President. Michael LLamas has all but been disassociated with the company since being indicted - the company is now in good hands.


    4)
    Quote:
    Mr. Theodore Caligiuri - Purportedly Chief Executive Officer

    On 09/30/12, Medical Marijuana announced it hired Mr. Theodore Caligiuri as "Interim President and CEO." Interestingly, Mr. Theodore Caligiuri seems to be completely lacking any prior experience as a manager of any publicly traded company, has yet to sign-off on any financial statements, and still works as a residential real estate agent for Coldwell Banker. In our opinion, he is completely unqualified to...

    I apologize, I don't have a Seeking Alpha membership (and won't register if this type of rubbish gets published), so I will have to stop here: Mr. Ted Caligiuri has served on the MJNA board since early 2011 when MJNA partnered with Cannabank - source. In the last reference you will find that Mr. Caligiuri has a past as an entrepreneur, including:


    Quote:
    A Southern California native, Mr. Caligiuri is an accomplished leader and MJNA shareholder with over 25 years of business management experience. He is known in the San Diego community not only for his business leadership, but for his involvement in several charitable organizations including the YMCA. His professional experience includes work as a management consultant and technology consultant. As a management consultant, he assisted companies in managing growth and streamlining operations. As a technology consultant, he assisted companies in the identification and proprietary control of technologies for new products, including the commercialization of NASA developed technologies. In 1991, he founded an environmental product company targeted at reducing waste by enhancing the convenience of re-usable shopping bags. In this role, Mr. Caligiuri invented and patented new consumer-focused shopping bag concepts. In the early 2000's he was the Chief Operating Officer of an ergonomic writing instrument company and was responsible for doubling sales and filing 6 patents over the course of 2 years. Currently, he works as a Real Estate Consultant for Coldwell Banker Commercial.

    In addition, Mr. Caligiuri has an MBA from California State University, Long Beach. Can we please hear more about your qualifications before I start taking your word over someone who has found such success as Mr. Caligirui?

    Please keep turning those stones... add fuel to the fire for this libel suit.
    Feb 17, 2013. 08:08 AM | 2 Likes Like |Link to Comment
  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    The author had to pull the part about Michelle Sides criminal record because it was made up, and totally untrue. That says a lot about the author.

    The other claims have also been proven untrue. Here is the rebuttal which appeared on the MJNA iHub message board.

    SA Article Rebuttal
    Courtesy of poster: Unclesilas

    Clear misrepresentations in your article:


    1)
    Quote:
    Anthony W. Imbimbo

    "Independent Auditor"

    Not PCAOB Registered (therefore unqualified to independently audit an SEC reporting companies)

    Culinary Institute of America trained Chef (with a minor in cooking the books?)


    You fail to mention that Mr. Anthony Imbimbo is a CPA, with an Accounting degree from Bridgeport University. Included on the same page you referenced - were you hoping people just wouldn't read? He also worked at Ernst & Young and multiple regional firms.

    He is not currently registered with the PCAOB, but was registered until 2010 when he withdrew registration - Imbimbo - PCAOB Registration. Likely withdrew his registration as there is a yearly fee associated with PCAOB membership and he does not audit any SEC reporting companies.


    2)
    Quote:
    Ms. Michelle L. Sides - "Chairman" and Chief Operating Officer

    According to multiple Medical Marijuana filings, Ms. Michelle L. Sides is the Chairman of the Board, Chief Operating Officer, and also indirectly controls ~ 48% of the Company through her beneficial ownership of Hemp Deposit and Distribution Corp. In addition, she is purportedly a Member of the Florida State Bar Association and possess extensive experience in corporate and real estate law. Interestingly, the Florida Bar records for Ms. Michelle Sides indicate she was previously the "Corporate Counsel" and sole employee for "North American Companies, LLC," the same entity Mr. Michael Llamas purportedly founded and utilized to execute "in excess of ten billion dollars in transactions" for distressed debt. However, in reality, Ms. Michelle Sides has been kicked out of the Florida Bar for unspecified reasons (rendering her not eligible to practice in Florida).

    She has not been kicked out of the Florida Bar - she is delinquent in her continuted education (CLER) requirements - more info here. She is more focused on running a company than keeping current with her continued education requirements.


    3)
    Quote:
    More interesting is the fact that on 09/30/12 and 12/02/12, Mr. Michael Llamas and Mr. Michael Corrigan, Esq. (MJNA's external counsel), respectively, certified that no members of the Company's management team had been subject to "a conviction in a criminal proceeding or named as a defendant in a pending criminal proceeding in the past five years" (Appendix C & D). This appears to be a blatant fabrication in regards to Mr. Michael Llamas prior court records. Moreover, THIS CLEARLY VIOLATES the OTC Pink Basic Disclosure Guidelines SECTION 8B.1

    Lies again... the filing from 9/30/12 does not include any such statement. The filing from 12/2/2012 states:
    Quote:
    To the best of my knowledge, after inquiry inquiry of management and the board of directors, neither the issuer, any 5% shareholder, nor counsel is under investigation by any federal, or state regulatory authority for any violation of federal or state securities laws.

    Although it is unfortunate that Llamas is involved in the wire fraud case, that is not a securities case. You do have a valid point that Llamas signed as president after stepping down, but I would imagine these documents were already prepared and signed as of 9/17/12 and it was an oversight that Ted Caligiuri needed to sign as President. Michael LLamas has all but been disassociated with the company since being indicted - the company is now in good hands.


    4)
    Quote:
    Mr. Theodore Caligiuri - Purportedly Chief Executive Officer

    On 09/30/12, Medical Marijuana announced it hired Mr. Theodore Caligiuri as "Interim President and CEO." Interestingly, Mr. Theodore Caligiuri seems to be completely lacking any prior experience as a manager of any publicly traded company, has yet to sign-off on any financial statements, and still works as a residential real estate agent for Coldwell Banker. In our opinion, he is completely unqualified to...

    I apologize, I don't have a Seeking Alpha membership (and won't register if this type of rubbish gets published), so I will have to stop here: Mr. Ted Caligiuri has served on the MJNA board since early 2011 when MJNA partnered with Cannabank - source. In the last reference you will find that Mr. Caligiuri has a past as an entrepreneur, including:


    Quote:
    A Southern California native, Mr. Caligiuri is an accomplished leader and MJNA shareholder with over 25 years of business management experience. He is known in the San Diego community not only for his business leadership, but for his involvement in several charitable organizations including the YMCA. His professional experience includes work as a management consultant and technology consultant. As a management consultant, he assisted companies in managing growth and streamlining operations. As a technology consultant, he assisted companies in the identification and proprietary control of technologies for new products, including the commercialization of NASA developed technologies. In 1991, he founded an environmental product company targeted at reducing waste by enhancing the convenience of re-usable shopping bags. In this role, Mr. Caligiuri invented and patented new consumer-focused shopping bag concepts. In the early 2000's he was the Chief Operating Officer of an ergonomic writing instrument company and was responsible for doubling sales and filing 6 patents over the course of 2 years. Currently, he works as a Real Estate Consultant for Coldwell Banker Commercial.

    In addition, Mr. Caligiuri has an MBA from California State University, Long Beach. Can we please hear more about your qualifications before I start taking your word over someone who has found such success as Mr. Caligirui?

    Please keep turning those stones... add fuel to the fire for this libel suit.
    Feb 17, 2013. 08:05 AM | 7 Likes Like |Link to Comment
  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    The author forgot to mention the facts that MJNA is a profitable company that recently signed a $35 million dollar deal to start 2013. Maybe that has to do with the fact that the author is short MJNA.

    MJNA is poised to become a very profitable company in 2013 and has filed to move to the OTCqx exchange and is becomming a fully reporting company.

    Do yourself a favor and do your own DD on this company. An opportunity like this may never happen again.

    http://bit.ly/TZJc6W is the companies website.
    Feb 15, 2013. 11:09 AM | 5 Likes Like |Link to Comment
  • Chronically Criminal: Shielding The Public From Medical Marijuana [View article]
    You forgot to mention that MJNA is a profitable company which has agreed to become a full reporting company and has applied to move to the OTCqx exchange.

    They earned a profit of over $3 million in Q4 of 2012, and have already a deal in place for $35 million at the start of 2013. You can do your own DD at http://bit.ly/TZJc6W

    The author from this article is short MJNA which explains the motive for ommiting the fact that MJNA has huge upside potential.
    Feb 15, 2013. 11:05 AM | 12 Likes Like |Link to Comment
  • Finally A Legal Way To Make Money Off Marijuana [View article]
    Nice article.

    MJNA which did $5 million in revenue in Q4 2012 has already done a deal worth $35 million in Q1 2013. They also are already turning a profit. Not bad for a company that just started up and trades for around fifty cents per share.
    Feb 13, 2013. 10:09 AM | 1 Like Like |Link to Comment
  • Why 3 Marijuana Sympathy Plays Could Follow In The Footsteps Of Medical Marijuana, Inc. And Drop By 28% [View article]
    The whole article is obviously biased against MJNA. As it is using OLD numbers. Why did you not use the recent Q4 numbers released showing over $3 million in PROFIT?? Obviously you wanted to paint MJNA into a poor investment, instead of being honest and using the latest info available. Your choice of the old numbers shows you to be not credible to write an article on this subject and invalidates the entire article.

    Also normally you should look at expectation for 2013 and what MJNA could expect to earn. In doing so you should come up with a minimum of .06 per share in earnings. Put a conservative PE of 20 on it and you have a share price of $1.20 per share. Shares should be priced on future expectations.

    I wonder what your real intent was in publishing such an article with out of date numbers???
    Feb 8, 2013. 06:09 AM | 4 Likes Like |Link to Comment
  • Why 3 Marijuana Sympathy Plays Could Follow In The Footsteps Of Medical Marijuana, Inc. And Drop By 28% [View article]
    That is absurd as is your whole article. It is using OLD numbers. Why did you not use the recent Q4 numbers released showing over $3 million in PROFIT?? Obviously you wanted to paint MJNA into a poor investment, instead of being honest and using the latest info available. Your choice of the old numbers shows you to be not credible to write an article on this subject and invalidates the entire article.

    Also normally you should look at expectation for 2013 and what MJNA could expect to earn. In doing so you should come up with a minimum of .06 per share in earnings. Put a conservative PE of 20 on it and you have a share price of $1.20 per share. Shares should be priced on future expectations.

    I wonder what your real intent was in publishing such an article with out of date numbers???
    Feb 8, 2013. 06:08 AM | 2 Likes Like |Link to Comment
  • Did Medical Marijuana Get Too High? [View article]
    Members of US Congress seeking to reform marijuana laws.

    This is VERY BIG.

    http://bit.ly/11mH5mt

    http://bit.ly/XTnaTY
    Feb 5, 2013. 05:28 AM | Likes Like |Link to Comment
  • Medical Marijuana, Inc: The Secret To Legally Tapping Into The Market For THC [View article]
    Great article Perry, Hope to see more from you on MJNA.

    I looked through all the publicly traded companies in this sector and also chose MJNA as the best with the most potential. Was also impressed that they are already profitable, even though their Dixie products were only available in Colorado in the Q4 and not yet in the other 17 states where medical mj is allowed. It is said to expect recreational users in Colo. to be 10 to 20 times the number of medicinal users which is about 100K. So one to two million recreational users could be expected.

    I also think your PE maybe is a bit too low due to the huge growth rated, but of course some will not invest in an MJ stock because it is a DRUG. Of course investing in Merck or another drug company is okay. LOL

    Get in on the ground floor!!
    Feb 3, 2013. 07:05 AM | 1 Like Like |Link to Comment
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