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Thursday, 07/02/2015 9:19:19 AM

Thursday, July 02, 2015 9:19:19 AM

Post# of 4794
Reply from Mr. Jerry at CBDS about the spin-off.

I send yesterday in order to know whether CBDS shareholder receive KUSH's stocks due to this spinoff.
I hope this could be helpful to CBDS stockholders.

Additionally, I think I am an only one korean having the stocks and it is sizable. Thus, I am sleepless because of constant stock price decline.
-----------------------------------------------
Dear Mr. Lee,
I am anticipating seeing another press release soon, better explaining what will be in official announcement released by Company in formal 8K.
Regards,
Jerry Cornwell
----- Original Message -----
From: ???
To: jerry c
Sent: Thursday, July 02, 2015 12:36 AM
Subject: KUSH Stocks will be provided?

Dear Mr. Jerry.

This is Harrison Lee from S. Korea, who is sleepless because of constant decreased CBDS stock price.

I read the opinion below;

"After having a quick look at the press release it does seem that it is good because CBDS is getting the important assets of KUSH and giving back a license to KUSH. And if I'm not mistaken CBDS owns 134,186,849 shares according to July 2014 8k:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10086916

Meaning if CBDS has around 16m out that each CBDS shareholder should get around 3 KUSH shares as a dividend. So shareholders are getting rid of $3m debt the company has, getting 3 KUSH shares for each 1 CBDS share and keeping the assets they currently have through KUSH.

So in the end CBDS shareholders have their original CBDS shares plus 3 KUSH shares if I understand all of this correctly and I'm not mistaken. "

Will the CBDS shareholders be provided some KUSH stocks someday?
If so, when will it be?

I look forward to hearing any answer about it.

Wishing your company's prosperity....
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