MarilynJean Interactive Inc (OTCMKTS:MJMI) Still Crashing

[[tagnumber 0]][[tagnumber 1]]After a long tome of no trading below the price of 25 cents per share we saw MarilynJean Interactive Inc (OTCMKTS:MJMI) begin to make upward steps in the middle of September. The ticker proceeded to finish October without a single session in the red and climbed all the way above the $3 per share mark in the beginning of this month.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Meanwhile, the volumes of traded stock have significantly increased. And while most of the PR that we see from [[tagnumber 6]]MJMI[[tagnumber 7]] is rather fluff than anything concrete, the numbers of prime interest contained in the company’s latest financial filing paint a very scary picture for some investors that got in just on hype alone.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $5,571[[tagnumber 13]] [[tagnumber 12]]current assets: $7,833[[tagnumber 13]] [[tagnumber 12]]total liabilities: $198 thousand[[tagnumber 13]] [[tagnumber 12]]revenues: ZERO[[tagnumber 13]] [[tagnumber 12]]operating expenses: $3,497[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those figures are now five months old and we are still anticipating the report for the third quarter of the year that should be filed soon. Still, it seems that the confidence in [[tagnumber 6]]MJMI[[tagnumber 7]] has started crumbling in the latest sessions. This is understandable when you consider the fact that a company with such poor financial results has a market cap of more than $300 million.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Yesterday’s session saw [[tagnumber 6]]MJMI[[tagnumber 7]] drop 10.89% in value and close at $1.80 while a total of 344 thousand traded shares generated $609 thousand in daily dollar volume. It’s simply a miracle how the ticker has managed not to gather a lot more downward momentum, considering the lack of press releases lately.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]We also see that [[tagnumber 6]]MJMI[[tagnumber 7]] remains quite stable in today’s session, a thing that might suggest that the speculations that [[tagnumber 6]]MJMI[[tagnumber 7]] is undergoing a boiler room pump aren’t that wild. Still, looking at all the fundamentals you should be very careful and do a lot of due diligence before deciding whether to put any money on the line.[[tagnumber 2]]