Medical Marijuana Inc Shareholder Update And Letter
1 ST QUARTER FINANCIAL FILINGS ON OR BEFORE MAY 15, 2013:
The auditor is performing the final verifications of the 1 st Quarter filing and will have it posted shortly thereafter.
YIELD SIGN/AMENDED 4 TH QUARTER FILING:
The 4 th Quarter filing was amended to include the annual financial results for the prior three quarters. The yield sign has now been removed and an updated legal opinion letter issued. To accomplish this, our updated attorney opinion letter was posted and the auditor revised the format as required. From this point forward, we have revised protocols to do our best to prevent this from happening again.As stated previously, the Company has retained an auditor as we work towards an up listing of our stock. Our goal is to make sure that all reporting is done accurately and in compliance. This has been a cumbersome process and the DTC chill has caused a significant delay. However, the Company has allocated the resources needed and is diligently working towards this realization. It is not known at this time how long the process will take, but we will keep shareholders updated on progress. EXECUTIVES ARE SELLING THEIR SHARES IN COMPANY: The statements contained in certain analyst blogs relating to the Company's Chairman/COO liquidating millions of shares is completely inaccurate and again is no more than an attempt to create mistrust in the company's leadership. Yes, I have registered my ability to liquidate 1% of the outstanding shares as required by the SEC. As of this date, I have personally NOT sold any shares. As with any other executive in other industries, shares are routinely provided as part of a person's compensation, which is the case here. I am strictly regulated by securities laws and regulations and take compliance issues very seriously. TRIPP KEBER NO LONGER ON BOARD OF DIRECTORS: While it is true that Tripp Keber no longer holds a seat on the MJNA Board of Directors as of March 6, 2013, this is by no means a negative impact on the company. For any of you who have met Mr. Keber or seen his numerous interviews, you know that he and the entire Dixie team is an invaluable asset to Red Dice Holding by being on the ground floor using his talents to become more involved in political forum of Colorado for our industry, promoting our growing brands, facilitating new partnerships, educating the public and finding products that will continue to make our company a leader in this industry and being the President of Red Dice Holding. Mr. Keber works tirelessly getting our Dixie Botanical products out to the public and we have had great success with these efforts and will continue to do so.
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