Is It Time For Another Cup Of Marley Coffee (JAMN)?

The once hot penny stock, Marley Coffee (OTCBB: JAMN.OB), a sustainably grown, ethically farmed and artisan roasted gourmet coffee, announced today the launch of “Stir Up Your Office Coffee Service.” The Facebook-based referral program will ask office workers to encourage their company to brew Marley Coffee instead of their usual office coffee.  The campaign began this week in what JAMN hopes will bring the penny stock back into the spotlight where it shined less than a year ago before its fall from grace. Once one of the hottest OTC stocks, JAMN has plunged 79% since seeing the high of 6.35 less than a year ago.

To help celebrate the start of the “Stir Up Your Office Coffee Services” campaign, the first 100 people who completed the entry form on the Marley Coffee Facebook page will be entered automatically into a random drawing for a chance to win a Marley Coffee demonstration at their office by Rohan Marley, co-founder and chairman, JAMN.  Rohan Marley, son of legendary Reggae Icon Bob Marley and husband to Hip-Hop Artist Lauryn Hill, was a superstar athlete at the University of Miami alongside NFL legendary Linebacker Ray Lewis. Unfortunately, the graces that follow the Hurricane legacy could not keep this penny stock in the spotlight for very long. Perhaps though, that is soon to change.

JAMN Stock Snapshot:

Market Cap: 20.11M
52-Week High (May 12, 2011): 6.35
52-Week Low (Feb 6, 2012): 0.24
5-Day Moving Average:
10-Day Moving Average:
20-Day Moving Average:
50-Day Moving Average: 0.28
200-Day Moving Average: 0.39
Avg Vol (3 month): 242,595
Avg Vol (10 day): 206,300
Shares Outstanding: 76.74M
Float: 58.36M
% Held by Insiders: 23.96%

CEO of JAMN, Rohan Marley, just recently returned from Expo West in Palm Beach which was a huge success for JAMN as they generated many new leads with top retailers across the country and were even able to write initial orders for many of them at the expo show.  Beyond the building of the company’s retail grocery business, one of the more positive things that came from the show were the dozens of people asking the CEO how they could serve Marley Coffee in their office.

JAMN One Year Stock Chart:

About Marley Coffee 

Marley Coffee (corporate name Jammin Java Corp) is a US-based company that provides premium, artisan roasted coffee to the grocery, retail, online, service, hospitality, office coffee service and big box store industry. Under its exclusive licensing agreement with 56 Hope Road, the company continues to develop its coffee lines under the Marley Coffee brand. Marley Coffee is a fully reporting company quoted on the OTCBB under the symbol JAMN.

Last updated by at .

  Recent Penny Stock News