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Check Out This Stock In The Medicinal Marijuana Sector…Seriously

Posted by Timothy Sykes on Tue 7th of Apr, 2009 08:05:57 AM
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Yup, CoffeyGrinds gave me the head’s up and then the little sketchball of a company actually began following me on twitter…See their Twitter Profile HERE, laugh, and then follow me on my Twitter profile (just give into Twitter already, resistance is futile) I made fun of it at first, as did my girlfriend (follow her!), so I can keep you guys up-to-date with cool links and deals on my instructional DVDs!

Back to the shady weed company, Medical Marijuana, Inc. formerly Club Vivanet (CVIV), (see their shadddddddddy website HERE) and see their PR where they claim to have an amazing idea to make medical weed more popular, screw it, I gotta repost the whole thing, with the contact info for their PR director, Bruce Perlowin (a new and better Jim Blackman?!?!?!?) because it’s just too funny/ridiculous:

MARINA DEL REY, CA–(MARKET WIRE)–Apr 3, 2009 — Medical Marijuana, Inc. formerly Club Vivanet (Other OTC:CVIV.PK - News) announced today that it filed a patent application for its invention, that potentially satisfies various governmental and the medical marijuana dispensaries’ needs for tax collection in the medical marijuana industry.

Using this new invention, the “Point of Sale” System will recognize the dispensary’s tax ID number and the tax rates for state and local taxes as well as provide “Automated Clearing House” (ACH) settlement of the taxes to the proper financial institutions. The state sales tax amount is sent to a database and at the end of the day all money in the sales tax database is cleared and posted through an “Automated Clearing House” (ACH) to the state and other appropriate governmental agencies for that day’s collected sales tax. The remaining funds are sent to the dispensary’s account or other designations.

The Company proudly introduces a Stored Value Platform System with a full slate of inter-active Financial Services made readily available through a patent pending delivery system, a Stored Value Debit Card.

This Stored Value Platform System will provide verifiable solutions for an inter-agency approach to manage the difficult task of Revenue and Taxation Collection for the Emerging Medical Marijuana Industry.

Taxability of Medical Marijuana Transactions

In February 2007, the California State Board of Equalization (BOE) issued a Special Notice confirming its policy of taxing medical marijuana transactions, as well as its requirement that businesses engaging in such transactions hold a Seller’s Permit. According to the Notice, having a Seller’s Permit does not allow individuals to make unlawful sales, but instead merely provides a way to remit any sales and use taxes due. BOE further clarified its policy in a June 2007 Special Notice that addressed several frequently asked questions concerning taxation of medical marijuana transactions.

For further details, contact:
Bruce Perlowin
702-465-4175

Oh yeah, you can read this 24/7 Wall St article for all “the facts” about the company, but like the typical financial media elite, they regurgitate PRs like the retards that they are without doing any additional research whatsoever, dangerously misleading readers due to their incompetence.

(For shame 24/7 and Jon Ogg, am I the only one who friggin gets how pump and dumps work, you idiot writers don’t deserve internet access, it just spreads your naivety, makes more people invest in Penny Stocks, inevitably causing losses, in turn making them hate Penny Stocks when they really should just hate wannabe financial journalists like Jon Ogg & his incompetent boss Douglas MacIntyre (who knows the pump and dump world all too well considering he pumped and dumped his piece of shit company ONT a few years ago!)

So basically we have this shady company–what makes it shady, uhhhh, their business model, the fact they use Twitter to promote, the fact that their website exists only to build their mailing list as if they were selling a useful product like instructional DVDs that warned against but taught you how to profit, legally, from such shadiness, management, the fact that I’ve seen thousands of these things each with “revolutionary businesses”, NONE of which have ever panned out–whose stock is rising on pathetic volume:

weed Check Out This Stock In The Medicinal Marijuana Sector...Seriously

…whose already been covered by a wannabe financial journalist, a shady stock promoter newswire, and yes we know, oh yes we know, that some bigger media outlets will pick up the story and write similarly naive/sugarcoated stories to get hits….well, this all adds up to this being a great potential short, eventually, but hopefully after a massive spam/promotion campaign by the company or “a third party” (LOL, too many Pink Sheets promoted by these imaginary third parties, c’mon grow up you little penny stock manipulators) and some dumb financial press (given the variables, this would be a potential buy, but the volume is so light and this thing could easily collapse 50%+ in a day as most pumps are prone to do, so I’ll only consider this a short unless the volume/manipulation really picks up)

If you don’t understand my research process, may I suggest my brand new instructional DVD TIMfundamentals which takes you through everything I do once I find a piece of crap like CVIV.

Anyway, keep CVIV on your watchlist

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  • The Dean is gonna try and get a promotion deal in exchange for goods :)
  • healthyherbi
    Hope you have been following on Twitter or where ever. You must be eating your words now!!! Medical Marijuana Inc. has secured MOUs With Cannabis Collectives in New Jersey, Colorado, and California. They have also begun training classes. Seems you are only out to bash others so you can sell your own products. So what make you an expert in Medical Marijuana?

    I bough stock when it was only $0.24 and now it is holding steady (in spite of all the shorts) between $0.50 and $0.55.

    Maybe you should follow the blog to keep your information up to date: http://medicalmarijuana-inc.blogspot.com/
  • congrats on your stock pump, do a better job and your sketchy stock will be worth shorting, for now, u bore me
  • healthyherbi
    Maybe you are just a boring person. Why don't you have a smoke, maybe that will take some pain out of your life.
  • nah smoking is bad for u, go into alcohol biz
  • Wow are you out of the loop. Have you seen the statistics on deaths from Alcohol each year/day? There is no evidence what so ever of medical benefits from alcohol. Let me know when you are on the road after a few drinks so I can get off. I was hit by a drunk driver when I was 18 and suffered a broken back.
  • who cares--u dont represent investing in marijuana, u're just a sketchy little piece of crap company pretending to represent the drug, this isnt a place for suckers, try investorshub or yahoo finance
  • Why are you so rude? Maybe you should try some marijuana. It promotes stress reduction. Check out the recent study..........http://medicalmarijuana-inc.blogspot.com/

    Study of 4000 indicates marijuana discourages use of hard drugs

    A ground-breaking study of 4117 marijuana smokers in California1 reveals that the ‘Gateway Theory’ probably had it backwards. Instead of enticing young people to use other drugs, this study suggests that marijuana may have the opposite effect.

    This first-ever clinical examination of a large number of medical marijuana applicants depicts a population that is remarkably normal. The percentages earning bachelors’ degrees and doctorates are nearly identical to the national numbers. They are, in the main, productive citizens with jobs, homes and families who smoke marijuana weekly or daily – and have in some cases for decades.

    For the vast majority of these applicants, their use of cannabis ultimately led to a decrease in the use of tobacco, alcohol, and hard drugs. Asked to compare their current alcohol consumption with their lifetime peak, over 10% claimed to be abstinent and nearly 90% claimed to have cut their drinking in half.
  • Medical Marijuana Inc. has taken the first step in Med MJ Business Consolidation MMI(OTC: MJNA) announced that it has signed the first Memorandum of Understanding with a marijuana collective in Southern California to use Medical Marijuana, Inc’s patent pending, stored value, tax remittance card.

    http://medicalmarijuana-inc.blogspot.com/2009/0...
  • Ron Paul on the Legalization of Hemp and Marijuana
    http://twitter.com/healthyherbi
  • again, u dont represent marijuana, u are just a tiny manipulated stock. know your role
  • You are right, I do not represent marijuana. But the company in question, Medical Marijuana, Inc.'s product is a Stored Value Platform System that will provide verifiable solutions for an inter-agency approach to manage the difficult task of Revenue and Taxation Collection for the Emerging Medical Marijuana Industry. The "Point of Sale" System will recognize the dispensary's tax ID number and tax rates for the state and local taxes as well as provide "Automated Clearing House" (ACH) settlement of the taxes to the proper financial institutions.

    So, FYI, this is not about the marijuana, but about a tax remission solution for this emerging multi-billion dollar industry. Pretty smart move.
  • MJNA has no product, its is pure hype, just like every other penny stock, again, this is not the board u need to be on, this is a sucker-free zone, go pay collegestock.com or explosivepennystocks.com to promote your carcass of a company and stop wasting my time please
  • Medical Marijuana, Inc. announced that three more collectives in the states of New Jersey (pending Governor signature), Colorado, and California have signed Memorandums of Understanding over the weekend to use Medical Marijuana, Inc's patent pending, stored value, tax remittance card. Bruce Perlowin, CEO of MJNA says, "Things are going really well. We started the Master Agent program a few weeks ago for our agents to show dispensaries the advantages with using our Stored Value Card. These latest dispensaries that have signed up continue to show the acceptance of our tax remittance program. This shows the power of our Master Agent program as it sweeps the country."
  • Medical Marijuana, Inc Files Provisional Patent Application for Inventory Distribution and Accounting Solution

    Medical Marijuana, Inc (PINKSHEETS: MJNA) announced today that it filed a provisional patent application for its newest invention that delivers an inventory management, supply chain infrastructure and accounting solution to the medical marijuana industry.

    Using this improved inventory management, distribution and accounting system, Cannabis Co-Op/Collectives, Distributors and Grow-Ops can accurately track the quantity and value of their inventory at any point in time and adjust their inventory valuation criteria accordingly. The system is based on a "plug-n-play" design that allows a variety of entities and components to "plug in."

    All shipments are tracked via GPS allowing interested and authorized parties to monitor their shipments at any point and time in the supply chain.

    Inventory is scanned using a barcode system that produces a highly secure "closed loop" audit trail from the grower to the patient. This feature is attractive to regulators who wish to ensure compliance by all participants in the industry.

    Third Party Service Providers such as testing facilities can plug into the supply chain between the Grow-Op and Co-Op/Collective.

    Charlie Larsen, President of MJNA, says, "This secure platform will provide industry operators with tools to efficiently purchase, trade, track and value their inventory at any point along the supply chain. This online interconnected distribution network will give all industry participants the ability to more effectively manage their operations and ensure that they are always in full compliance with regulators."

    The MJNA Accounting Inventory Management System and Supply Chain Network provides a Straight Through Processing (STP) environment that will minimize fraud and illicit activities by providing a closed loop audit trail that will identify any and all breaks in the audit trail.
  • All BS, stop with your lies
  • Timothy, did you short this stock and is that why you are bashing it?
  • no, u havent pumped it enough to make it worth my while and i'm not bashing it, i simply refuse u to position yourself as some legit/useful company when we both know you're nothing but a all too typical pump & dump. like i said, work harder, hire a promoter if u must, just dont give me your innocent/real business BS, i dont know how u sleep at night--probly by smoking a ton of weed--but i cut through your lies like warm butter
  • Your statement "we both know" is incorrect. What I want to ask is what facts do you base your critique on of a company that will or won't make it? And what makes you so sure about the activities of Medical Marijuana, Inc.? Do you have any solid proof of your claims?
  • Weed dude, we both know you're a scummy penny stock, you couldn't give me enough free weed to make it worth my while to prove it, u're just another scam, as i said before, get a real promotion going so it'll be worth my time to research and short you into your inevitable failure (yes, i know your game, u dont need to act dumb, this isnt yahoo finance)
  • Wow, for a professional you sure have a dirty mouth. For someone wanting to sell a product to educate people you have a nasty approach. And please stop saying that we both know, because obviously you do not know me and I do not agree with you.

    So you keep stating that this is a "scummy penny stock". What makes a penny stock worth while? In your professional opinion?

    It is clear you do not read up on things you comment on, because Medical Marijuana Inc. is not in the weed business. They provide a payment solution and tax remission card to the industry.
  • hey ya dumb pothead, who said i was a professional! financial profesisonals are a joke, i am not. u wanna understand what i understand, i've explained all my lessons in 36 hours worth of instructional content:

    http://www.timothysykes.com/contact

    i dont care what business u claim to be or not to be in, your word means nothing as u are a scummy penny stock
  • propTrader
    tim im a prop trader, forgot to thank you on that UOMO short, i play with 300k every day, i feel somehwat responsible for the difficutly of borrowing UOMO becuase i shorted a good 10k and BTC at 0.4 for a hefty 7k profit in two days. ps i think your strategy is vialbe, but i make more money than you in a year! get into this stuff kids because its definately the best for those with accounts under 100k.
  • How do you get off calling me a pothead when you don't even know me. I was simply responding to your article that was full of lies. You certainly have proven that you are not a professional. You can not even justify why you classify a stock as "scummy", or are you saying that all penny stocks are scummy? I do not understand. I might have been interested in buying your product, but you have just steered me away from it.

    Hi Prop Trader, sounds like you know more about what you are talking about than Tim Psychs. Maybe you can shed some light on this penny stock issue. What is your opinion on penny stocks?
  • zzzzz, you bore me, pump your worthless stock correctly and i'll get interested, until then, do what u gotta do to get paid
  • PS i could care less if u buy pennystocking, u're either a sucker or a promoter, either way, u'll eventually be one of my customers, try as hard as u can to avoid it, u're just missing key information
  • Inquiring_Investor
    I'm not familiar with this site, nor am I very familiar w Medical Marijuana, Inc, but i came across it on pink sheets bc its been trading at a high volume. Mr. Sykes, I've never read your site before , but you come off as some sort of wannabe Bill O'reilly with your comments. Someone is attempting to have an educated conversation about the company and it seems as though you are incapable of such. Its really sad and rather childish. Maybe you didn't get enough attention growing up, but bashing another persons work is beyond unprofessional, and its downright immature. I never post on boards like this bc I don't have time to do it regularly, but felt that I had to based on the way you acted towards "healthyherbi." Grow up.
  • oo yeh bought a small long FCEL breakout yesterday when it cracked 3.30 ish resisatcne , longed 3000 at 3.55 and sold there at 3.72,+510!
  • Thani you Inquiring Investor for your support. Medical Marijuana is trading at a high volume and is also meeting the objectives in the business plan. They are currently programming the first card to be used in the industry for tax remission on a daily basis as well as rewards programs and customer loyalty programs pre-programmed in. They also have 4 other MOU's with dispensaries and are in the process of building their customer base.

    My question regarding what makes a good penny stock investment has still not been answered.

    FYI Tim Psychs I will NEVER be a customer of yours. I am very sure there are more intelligent and mature people out there who really want to help potential customers.
  • propTrader
    penny stocks? not really my thing but it is shady dealings in dark alleyways and on lonely message boards that send these things up high a lot of the time. From my experience people get too emotional and put all their capital into a sub-penny share because they think about how much they would make if it shot to a dollar.

    But tim i do think you should listen to people more however it has to be said that tim's straegy is a viable one, whilst im 28 i make 1.5m pre tax a year prop trading, penny stocks are probably 5-6% of my activity. The rest for me if buying techincal breakouts, and using a lot of techincal analysis jargon like the elliot wave, fibonacci, stochastics, bollinger, all of which took me years to 'master'.

    Personally for those with a small account pennystoking USING TIM STRATEGY is the best way to go, never ever put all your money into one stock hoping its be the next dell, tim strategy seems to gurantee solid 10%+ gains here and there
  • hey pothead, there's no such thing as a penny stock investment, u will be a customer of mine if u want to understand why so u can afford to smoke more
  • bret
    Tim, is SYMX a stock promoter pump and dump situation? Stock is up from .54 on Fri, closed at 1.42 on Tues.
  • Ollie
    I just got e-mail promoting CMLS from a promoter
  • Thanks Prop Trader. Actually, the MJNA stock is the only penny stock I have. I bought it because I know the some of the people behind it and know what they can do.

    Hey Tim, seems that all you really know is how to be rude. I certainly will positively NOT EVER be a customer of yours. And if I hear your name anywhere around I will recommend that people do not work with you. You have not given me any professional information that would lead me to want to hear anything you have to say. I can not believe how rude and immature you have been in responding to me.

    Some of the most accomplished people in the world smoke marijuana. You are just brainwashed to believe it is bad and very ignorant not to know more of the facts. Especially when you comment on businesses you know nothing about nor have any proof to back up your lies about them.
  • zzzz read through 200 FREE blog posts and learn what my strategy is..i'm not rude, i just dont have time to deal with dumb potheads who dont do research
  • LOL, i lie about penny stocks? yah u're right, i forgot all those penny stocks that made over the past few years, there was....and.....yah shut up now
  • Jshab
    Hi, I don't want to get involved with this "debate" but I was trying to find out where I could buy stock in MJNA. My husband and I have never invested before and we both felt this would be worth trying. Where could I find information about how many shares I would have to purchase and where I can make those purchases. I would appriciate the help.
    Thanks
  • You see the stock activity on the OTC Bulliten Board - under the symbol: MJNA - at this link: http://www.otcbb.com/asp/Info_Center.asp

    The shares are publically traded at any stock broker. I can not recommend one, but there are plenty out there online. Thanks for asking.
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Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

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TIM Trades

View All
Date Stock Buy Sell Net
Nov 19 AENY $2.80 $3.02 $1148
Nov 18 NLST $4.16 $4.40 $947
Nov 18 IMGG $1.42 $1.64 $2094
Nov 17 NLST $5.04 $5.59 $2195
Nov 13 VRMLQ $21.50 $22.97 $2901
Nov 11 EONC $2.61 $2.80 $687
Nov 10 EONC $2.74 $3.36 $9784
Nov 6 QXM $4.31 $4.80 $1936
Nov 4 COT $8.66 $8.88 $642
Nov 4 QXM $4.61 $4.89 $822
Oct 30 DDRX $25.70 $26.53 $812
Oct 29 CTDC $4.00 $4.42 $781
Oct 26 AWSL $3.24 $4.10 $2516
Oct 23 RODM $5.27 $5.23 $301
Oct 22 AMLM $2.69 $2.97 $820
Oct 22 USEG $6.12 $6.09 $85
Oct 20 CBOU $8.93 $9.06 $243
Oct 16 VRMLQ $16.79 $18.65 $2773
Oct 13 YONG $11.05 $11.66 $1202
Oct 13 NPHC $0.59 $0.71 $583
Oct 12 IMGG $0.60 $0.70 $682
Oct 9 ZAGG $5.50 $6.10 $2380
Oct 7 GVBP $0.03 $0.27 $702
Oct 1 NPHC $0.70 $0.85 $1482

Total: $98,094 (681%)