{"id":7434,"date":"2015-11-11T14:02:05","date_gmt":"2015-11-11T14:02:05","guid":{"rendered":"\/?p=7434"},"modified":"2015-11-11T14:14:40","modified_gmt":"2015-11-11T14:14:40","slug":"whats-wrong-with-marilynjean-interactive-inc-otcmktsmjmi","status":"publish","type":"post","link":"\/articles\/whats-wrong-with-marilynjean-interactive-inc-otcmktsmjmi\/","title":{"rendered":"What&#8217;s Wrong With Marilynjean Interactive Inc. (OTCMKTS:MJMI)?"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91939\/vzxcvxz.gif\" border=\"0\" width=\"436\" height=\"252\" \/>Marilynjean Interactive Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJMI\">MJMI<\/a>) added another 11.85% to its market value yesterday, crossing well over the $3 threshold. So what&#8217;s wrong with this picture? <\/p>\n<p>Go to the company&#8217;s OTC markets profile page and look at <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJMI\">MJMI<\/a>&#8216;s <\/strong>market cap. The number written there is $523.5 MILLION.<\/p>\n<p>So what has <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJMI\">MJMI<\/a> <\/strong>done to deserve a market cap this high? Well &ndash; nothing, it seems. It has done nothing and as far as due diligence is concerned, this market value is completely unwarranted.<\/p>\n<p>One look at <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJMI\">MJMI<\/a>&#8216;s <\/strong>latest financial report shows us that its achievements to date are not simply mediocre &ndash; they are virtually nonexistent:<\/p>\n<ul>\n<li>cash &#8211; $5 thousand<\/li>\n<li>total current assets &#8211; $8 thousand<\/li>\n<li>liabilities &#8211; $198 thousand<\/li>\n<li>NO REVENUES<\/li>\n<li>net income &#8211; $1676<\/li>\n<\/ul>\n<p>What&#8217;s even more confusing is the fact that, no &ndash; this ridiculously, outrageously overblown market cap does not appear to be the the result of a paid pump campaign targeting the ticker. In fact, there doesn&#8217;t seem to be ANYTHING pushing <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJMI\">MJMI<\/a> <\/strong>up at this point in time at all &ndash; and yet up and away it goes.<\/p>\n<p>And if <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJMI\">MJMI<\/a>&#8216;s <\/strong>financials weren&#8217;t depressing enough in and of themselves, get this &#8211; three years ago, the company sold 42 MILLION units with common shares for $0.01 each. About half of those were eventually canceled. The other half were not. Punch those numbers into a calculator to see how much of a profit the people who bought those units back at the time will make if they dump them on the market today.<\/p>\n<p>That just about scratches the surface of the topic of &ldquo;what&#8217;s wrong with <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJMI\">MJMI<\/a>&#8216;s <\/strong>current situation&rdquo;. Readers are wholeheartedly advised to take our warnings into consideration and be very careful when dealing with this stock.<\/p>\n<p><img decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91939\/vxzcvxzc.png\" border=\"0\" \/>There is obviously money to be made trading <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MJMI\">MJMI<\/a> <\/strong>&ndash; this has been proven time and time again. However, investors should only attempt doing so after familiarizing themselves with all the risks of the current situation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marilynjean Interactive Inc. (OTCMKTS:MJMI) added another 11.85% to its market value yesterday, crossing well over the $3 threshold. So what&#8217;s wrong with this picture? Go to the company&#8217;s OTC markets profile page and look&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1882],"class_list":["post-7434","post","type-post","status-publish","format-standard","hentry","category-news","tag-mjmi"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=7434"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7434\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}