Price: 0.05 Change (%): – 0.004 (7.41) Volume: 2,165,524 http://0webinfo.com/ss/link.phpM15558&N1064&C8e970abf490d59bca7e65165b8238f56&L2727 ———– Recent News ———– Medical Marijuana, Inc. Submits Updated 15c2-11 Filing DENVER, May 17, 2012 /PRNewswire/ – Medical Marijuana, Inc.
(MJNA), has commenced the first step in the process for its 15c2-11 filing status with BMA Securities located in 608 Silver Spur Road, Suite 100, Rolling Hills Estates, CA 90274. The filing of a 15c2-11 is designed to allow non-reporting public company=E2s securities to be quoted on the National Association of Securities Dealers=E2 (“NASD”) Over-the-Counter Bulletin Board (“OTCBB”) by filing required disclosures. Once approved, this filing status causes another level of transparency which will be attractive to additional market makers and brokerage firms, thereby providing increased visibility to a broader set of investors.
“This is a significant step in the growth and development of Medical Marijuana, Inc.,” said Michael Llamas, President of Medical Marijuana, Inc. “As we continue to mature as a company, it is critical to our growth path that we can access new and additional capital markets and investors who understand the value that a company like ours can create.
This filing, and the subsequent approval will allow us to educate a much broader market about the shareholder value we are building through our comprehensive set of portfolio companies focused on this explosive growth industry.” About Medical Marijuana, Inc.
Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value.
For more information, please visit the company=E2s website at:
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