, The Green Pennies Stock Report: 08/13/17


Sunday, August 13, 2017

Michael James Enterprises, Inc. (MJTV) Forward-Looking Analysis

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Business Information:

Michael James Enterprises, Inc.
Ticker: MJTV
PPS: 0.001762 a/o 8/13/2017
Up 0.00076 or +76.20%

Market Value: $41,296 a/o August 11, 2017
Authorized Shares: 980,000,000 a/o June 06, 2017
Outstanding Shares: 23,463,424 a/o June 06, 2017
Float: 15,000,000 a/o June 06, 2017

760 Route 10 West
Suite 203
Whippany, NJ 07981

Phone: (908) 204-0004

Fundamental Analysis:

According to OTCMarkets, Michael James Enterprises, Inc. identifies and engages in the development and marketing of consumer products. They are developing six essential oils and other ingredients. The primary product will be VOLUPTAS and is expected to be introduced into the market by the end of 2017 as a female sexual arousal booster. On August 4, 2016, Michael James Enterprises, Inc. also acquired the exclusive rights to the science for the treatment of sleep Apnea utilizing Dronabinal with one other active ingredient.

Michael James Enterprises, Inc.’s Management:

Mr. James M. Farinella, Chairman, Chief Executive Officer  & CFO
Ms. Gina Morreale, COO  & Director
Ryan Summers, Creative Director


Market Cap (Intraday): 41.34K
Beta: 5.76
52-Week Change: -99.00%
52-Week High: 0.18
52-Week Low: 0.001
50-Day Moving Average: 0.001997
200-Day Moving Average: 0.009871
Average Volume (3 Month): 290.47k
Average Volume (10 Day): 487.23k

Market Analysis:

According to Grand View Research, the U.S. essential oil market size was valued at $3.36 billion in 2015 and is expected to witness an estimated growth rate of 9.0% from 2016 to 2024. Around 200 different types of essential oils are consumed all over the world annually, and the U.S. plays a significant role in overall demand. Increasing consumer disposable incomes and rapid expansion of food and beverage industries are expected to contribute to the demand for natural fragrances and flavors produced.


MJTV looks to be very busy with many articles being released between 12/10/15 and 3/28/17. Interestingly though, we were not able to find any news past the date of 3/28/17.

On 12/15/16, Michael James Enterprises is pleased to report that the company has begun to generate revenue with the release of its first product LUNA. As a proof of concept and market test, MJTV bottled 50 units of LUNA and offered it for sale at a promotional price of $19.95. All 50 bottles sold out within three days with numerous requests for more of the LUNA product.

On 12/22/16, Michael James Enterprises, Inc. reduced their Outstanding Shares by over 40% retiring 9,000,000 Shares from outstanding of 21,659,603 to 12,659,603.

On 1/17/17, Michael James Enterprises, Inc. is pleased to report that it has eliminated more than $1,000,000 of debt and liabilities with the spinoff of BullsNBears Holdings, Inc. on December 27, 2016.

On 2/8/2017, Michael James enterprises, Inc. is extremely pleased to report that as promised on December 22, 2016, CEO, James M. Farinella last week retired 8,425,000 shares. This retiring of shares had the effect of reducing the outstanding number of shares from 25,029,572 down to 16,604,572, a 33.6% reduction.

On 3/9/17, Michael James Enterprises, Inc. is extremely pleased to report that approximately two weeks ago it filed for patent protection for VOLUPTAS.

On 3/13/17, Michael James Enterprises, Inc. is happy to report that it has entered into a design and development agreement with Glove Medical Tech, Inc. of Houston, Texas for the revolutionary female sexual booster VOLUPTAS.

On 3/20/17, Michael James enterprises, Inc. more than doubled the number of units of LUNA sold in the first quarter of 2017.

On 3/22/17, Michael James Enterprises, Inc. is pleased to report that the company has developed two more essential oil alchemy products and is in the final test marketing for the both products. This will bring MJTV essential oil product line to 3 with an additional two more essential oil mixtures to come shortly bringing the total to 5.

On 3/28/17, Michael James Enterprises, Inc. launches, “What is a Beautiful Woman” branding and marketing campaign in advance of the VOLUPTAS market launch.

Filings and Disclosures:

Looking at the 10-Q from June 14, 2017, we first see Michael James Enterprises, Inc.’s’ balance sheets (unaudited). We see that the company has $7,070 in cash and $1,000 for accounts receivable for March 31, 2017. Total Current Liabilities for the company are $1,054,958. Total stockholders’ Equity is at (1,046,888), and total liabilities and stockholders’ equity (DEFICIT) is at $8,070.

Now looking at the consolidated statements of operations (unaudited), we see that the company has no revenue. The company has accumulated $5,669,646 for their total operating expenses. They had a loss of $157,476 for their total other Income (Expenses), bringing their net loss to (5,827,122).

On July 10, 2017, the company released an 8-K stating that on June 27, 2017, Raj Pamnani and James Farinella are resigning from their positions as directors and officers of the company. On June 28, 2017, the company, by written direction of the sole Director, appointed as a Director of the Company Maxine Pierson which was accepted by Ms. Pierson. Ms. Pierson was also elected as Chief Executive Officer. The change of the officers and directors became effective as of July 1, 2017.

On July 31, 2017, the company released an 8-k stating that on July 26, 2017, MJ BIOTECH, INC., entered into a “Binding Letter of Agreement” for the acquisition of Zen Hero, Inc. d/b/a Zen’s Tea House, ZEN HERO business is a formulator of Organic Teas for sale to the public and other businesses. The transaction is anticipated to close within ninety (90) days. The proposed purchase price is a combination of cash ($750,000) and stocks. $400,000 is payable on closing with the balance to be paid based on performance milestones.

Technical Analysis:

In a timescale of 3 years, MJTV spiked up to a three year high of 1.40 on 8/17/15. This later ended up falling to 0.4987 on 9/21/15 and then falling down to 0.1902 on 1/25/16. It saw the last spike up to 0.6375 on 3/7/16 and then fell to 0.071 by 10/3/16. The stock continued to fall until it hit a low of 0.001 on 7/25/17. The current RSI (or Relative Strength Index) is at 45.5029 though it stays around 38.7035. The stock seems to have consolidated around the region of 0.0039 and 0.001. The high resistance line to break currently is at 0.0044, with the next being at 0.0089.

Social Analysis:

For social analysis, we look at what investors are posting about the stock on sites like IHUB and Yahoo Money. The last post to the IHUB board was made eight days from the time of this articles writing. There looks to be only 3-5 people posting to the board. Seven investors have MJTV added to their “My Stocks” tab. Community Sentiment seems to be somewhat bullish though it is not completely free of bearish sentiment. The lack of activity on this board can be seen as a negative.

Forward-Looking Analysis:

Our team has decided that the best way to play this stock would be to be patient and to wait for more information from the company. If you have already bought into the company at a high, it might be worth waiting to see if you could regain some lost ground over time. If you have bought it at a low before this current PPS, it might be worth selling because of the “What Comes Up Must Come Down Strategy.” Due to the high increase in the stock price very recently, it is likely that the stock might try to correct itself in time. We would not advise trying to get into a short strategy currently. A long approach might come into play if the company releases new news in regards to ongoing sales. It is clear with the recent 8-K's that the company is going through some changes so it would be wise to keep an eye on that as well.


I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. I also will not be holding shares in the company in the next two weeks of this articles posting.

I have no positions in any stocks mentioned and have no plans to initiate any positions within the next 72 hours.

Invest Responsibly

If you have anything that you would like to add to this article, please write it in the comments section below. Be sure to give me a like and subscribe if you like the article! Thanks!!!
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MediaG3, Inc. (MDGC) Forward-Looking Analysis

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Business Information:

MediaG3, Inc.
Ticker: MDGC
PPS: 0.0011 a/o 8/13/2017
Up 0.0005 or (+83.33%)

1501 South Federal Way
Boise, Idaho 83705
United States

Market Value: $1,642,860 a/o August 11, 2017
Authorized Shares: 1,500,000,000 a/o June 30, 2013
Outstanding Shares: 1,493,509,343 a/o June 30, 2013
Float: 1,190,769,673 a/o June 30, 2013

Fundamental Analysis:

According to Reuters, MediaG3, Inc. is engaged in the designing, developing, and deploying of wireless broadband internet, wireless networks, fixed and mobile internet, communications, media, and entertainment products and services for individuals and companies of all sizes. The company’s products include broadband wireless access base stations and customer premises equipment for fixed and mobile point-to-point digital microwave radio systems for internet access.

MediaG3 Management:

Dr. Robert P. McNamara Ph.D., Technology Advisor
Mr. Steven Keating, Financial Advisor
Mr. Val Westergard, Chairman, and Chief Technology Officer
Byron Ryals, Vice Chairman, and Chief Executive Officer


Market Cap (Intraday) 1.65M
Trailing P/E: -1.10
Beta: -169.88
52-Week High: 0.0011
52-Week Low: 0.00006
50-Day Moving Average: 0.0005
200-Day Moving Average: 0.0002
Average Volume (3 Month): 6.33M
Average Volume (10 Day): 31.88M

On August 9, 2017, news broke titled, “International Venture Society Presents the Following Shareholder Updates (OTC PINK: GRDO, MSMY, MDGC).” International Venture Society has been in talks with the court about creating a state charter revival, company reconstruction plan, and to find possible merger candidates as well as to get these companies to meet regulatory compliance.

“I am hopeful that the stockholders of the individual companies will view the courts' decision as a vital first step for International Venture Society to construct these long non-operational OTC companies into legitimate businesses once again,” stated International Venture Society CEO Kelani Long. 


Technical Analysis:

In a timescale of 3 years, MDGC has bottomed out between the regions of 0.0002 and 0.00005. There was a spike on 9/5/16 that gave the stock a three year high of 0.001, though this went back down to 0.0001 on 9/12/16. What is very interesting is that since the above news article broke, the stock has taken off, reaching its new high of 0.0011 with an increase of 83.33%. Volume shows that there is a tremendous amount of buy volume, 364.129 million from 7/31/2017 to 8/7/2017. The current RSI (or Relative Strength Index) is at 77.2867 or very overbought. It is clear that there is tons of interest here. The big question would then be, if the O/S (or outstanding shares) is at 1.5 billion, how high will this stock jump grow. The 1 Million Dollar question is, “Is there an even larger move to be seen here?”

Social Analysis:

For social analysis, we look at what investors are posting about the stock on sites like IHUB and Yahoo Money. Looking through the board, it is apparent that news from International Venture Society stirred up some interest here. Before the news article, there were very few posts. Now that the news has hit though, the forum has been fairly busy with many faces discussing their future with the company. Eighty-Two investors have this stock listed under their “My Stocks” list. The Community Sentiment for the stock is also overwhelmingly positive.

Forward-Looking Analysis:

From my experience as an investor, my answer would have to be, “What goes up must come down.” My reasoning behind this is due to the 1.5 billion shares. It is great that there’s interest in another company merging (or at least taking over the company), but I doubt the company will be injected with enough funds to add actual value to all of those shares. That is not to say that it will not happen, it is just that as investors, we should keep a skeptical mind. I suggest being patient and hear what International Venture Society brings forth as their plan. If the plan is solid, then this would turn into a buying opportunity. Anything else from that would have to be up to your decision as an investor (as many possible scenarios could play out).

This stock might be worth while trying to short if this spike on the news continues to run. I cannot gauge where the company might hit upward resistance lines as this company has not seen these levels in price in years.

If you were interested in establishing a long position here, I would suggest maybe putting in ½ or ¼ of your money in (this is purely our opinion; invest responsibly), and wait until International Venture Society shows their plans to reform the company. If these programs meet your expectations, then you would have the confidence to green light your decision to buy more shares. Otherwise, if the news from IVS is underwhelming, then you will have an easier time pulling out if need be.


This is our opinions on how to play the stock. Be responsible and do your own research to find your own best personal strategy. Also, message me if there’s any more information that would be worth adding to the article in the comment section below.

I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. I also will not be holding shares in the company in the next two weeks of this articles posting. I have no positions in any stocks mentioned and have no plans to initiate any positions within the next 72 hours.
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