Cafe Serendipity Holdings Inc. (CAFS)

[lesgetrich]

I suspect they are preparing to dilute the shares in order to fund their operations. Twelve million shares doesn't provide much liquidity. They may not have been able to do a reverse split under their agreement with mCig and/or they may not have been totally transparent with them about their current financial situation. This probably led to the cancellation of their partnership. CAFS may eventually turn things around but in the meantime, I'm not real confident that current shareholders won't be burned in the process. JMO