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Alias Born | 01/19/2014 |
Wednesday, May 25, 2016 7:01:27 PM
They didn't "get them" for $0.0001. Shares were awarded to them for free. The $0.0001 is what Billy et al would report to the IRS as income - they were paid in stock.
Even if it falls to $0.0000007, there's no downside (aside from commission) to selling.
And I must say, this local Pineapple IPA is delicious. If you are ever in Georgia in the summer get some. Also, as Joel and Reid are probably aware, the local brewery makes a beer named 420. A must have for any serious MJ investor.
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