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mdmc

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  • Volatile Medical Marijuana (MJNA.PK -20.4%) falls to $0.23 on the pink sheets after SA authors Ashraf Eassa and Panoplos offer bearish takes. Panoplos notes that while MJNA recently valued an inventory sale/licensing deal with CannaVEST (FCLS.OB) at $35M, based on an assigned value of $5 for the CannaVEST shares issued to MJNA, the actual value of the shares could be much lower. Especially since CannaVEST recently disclosed it has "no customers," and that its sole assets consist of the items purchased in its deal with MJNA. MJNA is no stranger to double-digit swings. [View news story]
    thanks for the reply.. I set up an optionshouse account..
    Mar 22 06:07 PM | Likes Like |Link to Comment
  • Volatile Medical Marijuana (MJNA.PK -20.4%) falls to $0.23 on the pink sheets after SA authors Ashraf Eassa and Panoplos offer bearish takes. Panoplos notes that while MJNA recently valued an inventory sale/licensing deal with CannaVEST (FCLS.OB) at $35M, based on an assigned value of $5 for the CannaVEST shares issued to MJNA, the actual value of the shares could be much lower. Especially since CannaVEST recently disclosed it has "no customers," and that its sole assets consist of the items purchased in its deal with MJNA. MJNA is no stranger to double-digit swings. [View news story]
    How can I invest in MJNA?
    Mar 4 08:13 AM | Likes Like |Link to Comment
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