Talked about this on a MMJ thread last night.
With no significant sources of revenue the share price will float down.
I truely believe significant rises in SP for all MM companies from here (on the asx anyway) will
come from Australian licenses and news surrounding them.
Also feel there are too many shares on the market.
That's my 2cents on why they are sliding anyway. I don't hold but would get in around 35cents on this stock as well as a couple others. In contrast will get in with those already holding Oz licenses around the 50cent mark.
All my own opinion. DYOR. GLTA.
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