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Re: None

Tuesday, 07/29/2014 5:59:42 PM

Tuesday, July 29, 2014 5:59:42 PM

Post# of 83343
Here it is: Only 1.2 million sold as restricted at $1 a share. Even 10 mil would only be a 1/3. IMO stock should not past $5. Let's see, not everyone's going to go out and dump either.

n the 10-Q for 3Q/13, CannaVest declared it had 11.7 million issued and outstanding shares. Since then, it has sold an additional 1.2M restricted common shares out of a planned 10 million, for $1 per share. On December 31, 2013, MJNA was due to receive up to an additional 1.08 million shares as the final payment for the Phytosphere assets, which is also described in the 3Q/13 10-Q, on page 13. Therefore, there should now be approximately 14M outstanding shares.