(Total Views: 556)
Posted On: 02/16/2018 12:58:16 PM
Post# of 719
I've only recently bought into MJNA but the more I looked into it, the more I knew I needed to invest more, so I've doubled my position.
To me what's unbelievable about what we own is that it's a Pink stock trading for pennies that controls a Nasdaq stock that's selling for over $6. You may say that 43% doesn't give you control, but if you have that percentage going into a shareholder election, it's almost impossible to turn down anything you wish to push to a shareholders vote. Unless they don't have voting priveledge for their shares, they have control of AXIM. Of course that also means that shareholders must live with AXIM's daily moves, which today are currently down.
I certainly like the potential here.
Gary
To me what's unbelievable about what we own is that it's a Pink stock trading for pennies that controls a Nasdaq stock that's selling for over $6. You may say that 43% doesn't give you control, but if you have that percentage going into a shareholder election, it's almost impossible to turn down anything you wish to push to a shareholders vote. Unless they don't have voting priveledge for their shares, they have control of AXIM. Of course that also means that shareholders must live with AXIM's daily moves, which today are currently down.
I certainly like the potential here.
Gary
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