CV Sciences Inc (CVSI)

[Det_Robert_Thorne]

Pretty sure this is just "catch up"

This filing is just officially indicating how many shares Bart Mackay owns through his various companies. There are no sales shown here, just conversions, acquisitions and transfers between companies.

Mackay should have filed this months ago, and in fact, CANV noted the lack of a Form 4/5 from Mackay in the 10-K of a few months ago:

Section 16(a) of the Exchange Act requires our executive officers and directors, and persons who beneficially own more than 10% of a registered class of our equity securities to file with the SEC initial statements of beneficial ownership, reports of changes in ownership and annual reports concerning their ownership of our common shares and other equity securities, on Forms 3, 4 and 5 respectively. Executive officers, directors and greater than 10% stockholders are required by the SEC regulations to furnish us with copies of all Section 16(a) reports they file. Based on our review of the copies of such forms received by us, and to the best of our knowledge, all executive officers, directors and persons holding greater than 10% of our issued and outstanding stock have filed the required reports in a timely manner during fiscal 2013 with the exception of the late filing of one Form 3 by each of Michael Mona, III and PhytoSPHERE, the failure to file a Form 3 by Roen Ventures, LLC, and the failure to file a Form 5 by each of PhytoSPHERE, Mercia Holdings LLC, Mai Dun Limited LLC and Bart Mackay.

The filing does show that Mackay did buy 100K shares for $1 in mid-January, but I doubt he'll sell them soon.

The DEF 14 that preceded last week's Shareholder Meeting also showed the same amounts, IIRC.

To paraphrase Obi-Wan, "These are not the share's you're looking for."

BTW, note that MJNA and Phytosphere have yet to file the appropriate forms showing their CannaVest holdings. That sloppiness and inattention to detail is endemic at MJNA.