Cannabis Sativa Inc (CBDS)

[captainscotty]

$CBDS ;-}Thanks D10 Another reason why I see this PPS @ $3.00 before $30.00


http://www.hotstocked.com/article/87571/cannabis-sativa-inc-otcbb-cbds-draws-attention.html

"A couple of years ago, CBDS (then called Ultra Sun Corp) issued some promissory notes and in April 2013, for reasons that are not very well explained, they decided that adding a conversion feature is a good call. During the first quarter of 2014, the note holders decided to take advantage of the said feature and they turned $78,112 worth of debt into 3,889,071 shares of common stock. In other words, the conversion rate came in at around $0.02 per share – 99.8% below the current market price.

If the note holders decide to unleash the discounted stock on the open market, the effects on CBDS's price could be quite devastating. That's why doing a lot of due diligence and considering all the risks is absolutely essential."