InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,702.55
(
-0.19%
)
US TECH 100
19,287.60
(
-0.24%
)
Dow Jones
42,063.36
(
0.09%
)
Brent Oil
74.14
(
0.00%
)
Bitcoin
63,138.73
(
-0.10%
)
Post# of 129054
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Alan Brochstein

Send PM Follow Ignore
Followers 259
Posts 3732
Boards Moderated 0
Alias Born 04/26/2013

Alan Brochstein

Re: sundoctor post# 116782

Saturday, 03/05/2016 8:46:08 AM

Saturday, March 05, 2016 8:46:08 AM

Post# of 129054
The dividend of worthless common shares isn't what was promised. It was the dividend of a different class of stock (which was also ultimately going to be worthless). Not that there was ever going to be a $15-25mm capital raise, but now that is totally off the table. A "biotech" that has no money and can't raise money - what a joke.

*Less than $5K in cash at 9/30
*$138K in current assets
*Over $5.1mm in financial obligations due within a year

CBIS will soon be celebrating 7 years of ripping off investors and failing to accomplish anything. One has to wonder how long people will continue to fall for their b.s.

If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up