[1] Stockholders can vote by following the easy instructions on the proxy card. Is Medical Marijuana Inc. a Buy? | Nasdaq Featured image . If your invested company decides to do a Reverse Stock Split, then that means they will reduce the number of shares outstanding but in the same time raise the shares price with the same ratio. PLYZ 0.00 0.00 (100.00%) 9,723. PDF Information and Disclosure Statement Marijuana Stocks July 2019 - Stocks Newswire Last Wednesday the stock of Calissio Resources Group Inc (OTCMKTS:CRGP) got destroyed as it wiped over 56% of its value and slid down to a close at $0.0023.Usually after such a painful drop a stock would bounce at least somewhat back up but CRGP failed to do so and on Thursday the stock closed flat at the exact same price. By the beginning of March, the stock was back down to 48.9 . Medical Marijuana Inc. ("MJNA") is the first publicly held company vested in the medical marijuana and industrial hemp markets. 52wk High 0.01. The company announced that its Board of Directors has approved a 1-for-20 reverse stock split of the company's authorized, issued, and outstanding common stock in preparation for its proposed . Aurora Cannabis and Tilray set to detail hoarding of ... Me too - cashed out with a double at 1.00. Removing this from my watch list and blocking Ariel for the horrible lead. MNGA Split History Penny Stocks Research for Hangover Joe's, OncoSec Medical ... This means that for every 12 shares you have before the split, you will have one share after the split. Despite its elder-statesman status, however, Medical . Key Data. Reverse Stock Split Has GE Trading Above $100 — What This ... Mkt Cap 5.81m. Medical Marijuana Inc. (OTC: MJNA) . Medical Marijuana (NASDAQOTH: MJNA) is only a matter of months away from its 10-year anniversary as the first publicly traded cannabis stock. No Buyback or No Reverse Split IMO, I see MJNA using the company owned AS as "capital" available to fund or purchase additional companies. The reverse stock split was a big signal to investors that things are not well at Aurora. Tauriga Sciences, Inc. ( OTC PINK : TAUG ) ("Tauriga" or "the Company"), a Company engaged in the building of businesses in the life sciences space, has today confirmed to shareholders that it has no plans to enact any type of Reverse Split for the foreseeable future. Annual stock financials by MarketWatch. Khiron Life Sciences Corp (OTCMKTS: KHRNF) has announced the successful completion of its first medical cannabis sale in Brazil. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 7th 2017. When a company opts for a reverse stock split, it doesn't inspire much confidence in investors. Then goes to a buck and ''we'' see a 400% rise. The day before the split and name change CVIV closed at 22 cents. The company plans to leverage its clinical distribution and production assets in Latin America plus marketing contracts with pharmaceutical distributors to expand its presence in Brazil, where there is a market of more than 200 million people. Yes the Stock Market is full of loopholes and Tricks or Tools to impact stocks in many ways some good some bad. It has trended downward since. The split adjusted shares began trading on August 2 above $100, the company announced. 1 for 10 ReVERSE STOCK SPLIT MEANS THAT FOR EACH SHARE OF HEMP YOU HOLD, YOU WILL GET 10. In fact some things that are good for 1 Company may be Wrong for or Bad for another company. Well-known companies like Aurora Cannabis Inc. (NYSE: ACB), which is conducting a 1-for-12 reverse stock split planned for May 11. Insights of The Matter However . MJNA - these patterns in penny the price is being moved around more like a penny stock pump and dump than a currency or commodity. Stock Splits and a Reverse Split can happen at ANY time and for Many reasons. YOU SAID THAT YOU OWN 18,000 SHARES OF HEMP, SO YOU'LL OWN 18000x10=180,000 shares of HEMP after the reverse split. The hemp oils market got its start a decade ago, with the winds of change blowing towards a relaxing of the regulatory environment around cannabis. Share count is like 5.8 billion. The 4Q/14 filing is going to be horribly bad, as will be the. The name change and 10 for 1 forward split occurred on 28 Apr 09. But well-known companies can have stock splits, too. On 25 Mar 09, the day the name change was filed, the stock was worth 4 cents. The 1-10 reverse split was announced on Monday, October 25th 2021. The 1-7 reverse split was announced on Friday, July 7th 2017. Global Clean Energy Holdings, Inc. (OTCQB: GCEH) today effected a 1-for-10 reverse stock split. BYRN Byrna Technologies Announces Reverse Stock Split. The day before the split and name change CVIV closed at 22 cents. The CannaVest (U.S. Hemp Oil) products I described above that will be marketed by MJNA's HempMedsPX, are exactly the same . The day after, MJNA closed at 62 cents. One share for twenty owned 1-20 The price immediately goes to .27 and attracts buyers. Increment in the number of shares allotted to common stock that are authorized to be issued after the reverse stock split The Board also addressed the issue of a reverse split of the Company's common stock. The Board also addressed the issue of a reverse split of the Company's common stock. EnteroMedics Inc (NASDAQ:ETRM), a leading company that's known for developing medical devices with the help of neuroblocking technology, announced the reverse stock split.As per the reports, the company received approval for three proposals, including-. The company is comprised of a diversified portfolio of products, services, technology and businesses solely focused on the cannabis and hemp industries. Hemp Inc. Hold strong three people. Find the latest Medical Marijuana, Inc. (MJNA) stock discussion in Yahoo Finance's forum. Here's what Aurora Cannabis shareholders need to know about the planned reverse stock split… Aurora Cannabis Inc. (NYSE: ACB) just announced that it is conducting a 1-for-12 reverse stock split, which is currently scheduled for May 11. In order to attract blue chip investors, the company will have to dramatically increase the value of its. 2165. The approvals provided discretion to the Board to implement the Reverse Stock Split by the end of 2019. The information set forth in Item 8.01 is incorporated by reference herein. However, the Company is still required to close at a minimum price of $0.01 per share for a period of ten consecutive trading days on or before close of business October 12 . Aurora had to opt for a reverse stock split to save itself from delisting. Stock was actually down today $0.53 or 14.06% to $3.24. COVID-19 has affected cannabis supply chains, Cronos Group Inc. CRON . Corporate Update for Trimax Corp: In connection with inquiries about the previously filed reverse stock split, . As we mentioned earlier, however, despite the company's successes, MJNA stock continues to languish near all-time lows, selling for $0.065 at the time of writing. Be careful if a Reverse Stock Split is announced also. 27 cents. However, the Company is still required to close at a minimum price of $0.01 per share for a period of ten consecutive trading days on or before close of business October 12 . Either way that amount medicinally is only around $10 to $20 WOW $15 Avg vs $599 AMAZING Markup . MJNA is structured to become involved with Medical Marijuana [CBD] NOT Recreational Marijuana [THC]. Share your opinion and gain insight from other stock traders and investors. MJNA at $3.00 only via reverse split MJNA is overvalued at $0.10, so the only way it would make it to $3.00 is via a 1:40 reverse split. Here's basically what that means. A reverse split is where a company merges existing shares using a ratio—for example 1 share for every 20—in order to reduce the outstanding shares. Thornton, CO - (NewMediaWire) - November 18, 2021 - Ascent Solar Technologies, Inc. (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight and flexible thin-film photovoltaic (PV) solutions ("Ascent Solar", "Ascent" or the "Company"), announced that the Company has initiated the process for a proposed reverse stock split ("Reverse Split") as part . By doing so, the corporate house will be left with as many as about 1.6 million issued and outstanding shares. Looking at the MJNA stock split history from start to finish, an original position size of 1000 shares would have turned into 1000 today. The reverse split will happen on or about May 11 on a 12-for-1 basis. Par value of Common Stock is .001 per share . What's it worth now pre-split? Aurora shares have been crushed in the last 12 months, falling 93% from the 52-week high. BLPG 0.69 0.02 (2.99%) 1,330. Obviously, check with the CEO and the TA for true share structures and make sure they aren't planning a reverse . The company also confirmed a $30 billion deal to combine its GE Capital Aviation Services (GECAS) aircraft leasing business with AerCap Holdings NV, and proposed a reverse 1-for-8 reverse stock split. How about a Reverse Stock Split ? It has trended downward since. As of March 15th, there was short interest totalling 288,800 shares, an increase of 1,486.8% from the February 28th total of 18,200 shares. A reverse split is a desperate—and rarely used—option of last resort for legitimate firms hoping to shore up the value of their stock, but it can also be a trick to con small-time investors out of their money. Aurora Shares Have Been Crushed. Medical Marijuana Inc MJNA Message Board. After. $100 will get you a million shares but I don't have another $100 to waste.. The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Once the split happens, it will trade for around $8.50 per share. The bad news is that Medical Marijuana's stock is now priced at less than $0.07 per share. Everyone shall see in Jan. A reverse split can be a sign that the company's stock has sunk so low that its executives want to shore up the price, or at least make it appear that the stock is stronger. Medical Marijuana Inc. is the first publicly held company vested in the cannabis and industrial hemp Medical Marijuana, Inc. (OTCMKTS:MJNA) was the recipient of a large increase in short interest during the month of March. It was decided that the Company will not enact any type of reverse split at this time. CUSIP - 58463A . (OTCMarkets: MJNA) manufactures and distributes CBD products via e commerce, direct sales, retail and wholesale distribution channels throughout the world. The day before the split and name change CVIV closed at 22 cents. According to the announcement, the company will effect a 1-for-1,500 reverse stock split of its shares of common stock. It was decided that the Company will not enact any type of reverse split at this time. SBRV Subversive Acquisition LP Closes Transaction With InterCure, Israel's Leading and Fastest-Growing Cannabis Company. The Polymet Mining Corp stock price gained 0.71% on the last trading day (Thursday, 23rd Dec 2021), rising from $2.82 to $2.84.During the day the stock fluctuated 3.58% from a day low at $2.79 to a day high of $2.89.The price has fallen in 7 of the last 10 days, but is still up by 2.16% over the past 2 weeks. 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