CBIS filed to raise its authorized share count by 100%, going from its current 1,500,000,000 authorized shares to 3,000,000,000 authorized. A company doesn't raise its authorized by an additional 1.5 Billion shares unless they plan on major shareholder dilution going forward. With $0 in sales still after all these years, selling shares is CBIS's only source of capital. And yet CBIS management still won't disclose its financials publicly. I rate CBIS a strong sell because of the complete lack of financial disclosure, false and misleading PR's, and continued $0 in actual revenue. IMO the SEC should suspend CBIS for 14 days, or until management can meet its financial reporting obligations.
