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Took this from tenkey The PURA dividend shares

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MMJ Observer - North American Cannabis Holdings Inc (OTCMKTS:USMJ) Targets Merger Madness In Canadian Cannabis Market "InvestorsHub NewsWire" - 12/5/2017 10:57:53 AM
USMJ - North American Cannabis Holdings Targets What CBS News Reports As Merger Madness In Canadian Cannabis Industry "InvestorsHub NewsWire" - 12/1/2017 9:09:50 AM
USMJ and PURA - North American Cannabis Holdings and Puration Partner on Canadian Dispensary Deal "InvestorsHub NewsWire" - 11/30/2017 9:57:50 AM
USMJ PURA - North American Cannabis Holdings In Negotiations To Acquire Canadian Marijuana Dispensary "InvestorsHub NewsWire" - 11/16/2017 9:21:36 AM
PURA - Puration To Introduce Cannabis Infused Beverages Into Legal $8 Billion Canadian Marijuana Market "InvestorsHub NewsWire" - 11/15/2017 9:35:30 AM
USMJ Annual Revenue Increases 44% to $742,000 With Gross Margin Over 50% "InvestorsHub NewsWire" - 11/3/2017 11:40:18 AM
USMJ and PURA Both Rated VERY BULLISH After Cannabis Restaurant and Beverage Announcement "InvestorsHub NewsWire" - 10/19/2017 10:29:49 AM
USMJ - North American Cannabis Holdings Announces Cannabis Friendly Restaurant Focus "InvestorsHub NewsWire" - 10/17/2017 10:14:43 AM
PURA - Puration Announces Strategic Focus On Cannabis Infused Beverage Industry "InvestorsHub NewsWire" - 10/17/2017 10:13:23 AM
USMJ and PURA Secret Weapon To Target RMHB and POTN - City Blends New Distribution Facility "InvestorsHub NewsWire" - 10/5/2017 9:03:52 AM
USMJ and PURA Building PPS Momentum Prepping For California Recreational Marijuana Legalization "InvestorsHub NewsWire" - 10/4/2017 9:23:15 AM
What's The Buzz With North American Cannabis Holdings, Inc. (OTCMKTS:USMJ)? "InvestorsHub NewsWire" - 9/28/2017 10:27:35 AM
PURA - EVERx CBD Infused Sports Water Hits Shelves At Drug Emporium "InvestorsHub NewsWire" - 9/25/2017 8:56:23 AM
Puration Announces EVERx CBD Infused Sports Water Shipment To Drug Emporium And Second Production Run With Alkame Holdings "InvestorsHub NewsWire" - 9/15/2017 9:37:45 AM
USMJ And PURA Add FAQ To New ACI Website To Address Dividend Shares Among Other Shareholder Inquires "InvestorsHub NewsWire" - 9/14/2017 9:08:04 AM
American Cannabis Innovations Conglomerated Launches New Website Featuring USMJ and PURA "InvestorsHub NewsWire" - 9/11/2017 9:43:17 AM
MJAC 2017 Speaker Update - How venture capital and cryptocurrency are converging as the future of cannabis investing "InvestorsHub NewsWire" - 8/30/2017 10:29:33 PM
PotNetwork Holdings, Inc Confirmed for MJAC 2017 "InvestorsHub NewsWire" - 8/28/2017 10:43:55 AM
MJAC 2017 International Cannabis Conference - Discount Code "InvestorsHub NewsWire" - 8/24/2017 8:40:00 AM
MJAC 2017 - Speaker Update - Investing In The U.S. Cannabis Market "InvestorsHub NewsWire" - 8/22/2017 1:27:13 AM
CryptoNinjas Feature USMJ Marijuana Sector Crypto Currency Strategy "InvestorsHub NewsWire" - 8/8/2017 10:58:39 AM
USMJ Announces Initial Currency Offering Plans For Blockchain Secured Cryptocurrency Backed By Cannabis Securities "InvestorsHub NewsWire" - 8/1/2017 9:00:00 AM
PURA 25 Greenhouse Grow Acquisition And PPS Range To $0.09 Featured By MMJ Observer "InvestorsHub NewsWire" - 7/31/2017 9:04:10 AM
CIAU Trading Signals VERY BULLISH After Pullback From 900% Increase Indicating Big Bounce Potential "InvestorsHub NewsWire" - 7/11/2017 2:15:09 PM
MMJ Observer Reports On Anticipated USMJ Announcement Expected To Boost Sales "InvestorsHub NewsWire" - 7/11/2017 1:37:12 PM
Beerholder   Wednesday, 09/27/17 05:49:27 PM
Re: None
Post # of 75460 
Took this from tenkey


The PURA dividend shares from USMJ are restricted shares under SEC Rule 144.

https://www.sec.gov/investor/pubs/rule144.htm

In a nut shell, a company cannot just issue stock as a private placement that is free trading unless it is registered stock...so it is automatically issued with a restrictive legend. The only exemption from registration that is available to PURA stock is Rule 144 that allows a stock to become free trading after a holding period. The length of the holding period is 6 months for SEC registrants and 12 months for non-registrants. PURA is not an SEC registrant hence the 12 month holding period requirement.

At the end of the holding period a request can be made to the company to lift the restriction and the shareholder will have to obtain an opinion letter from a lawyer that the TA will need to remove the restrictive legend. Your broker can probably handle this for you...for a fee of course.

When those conditions are met the stock can be freely traded in the market.

I'm not trying to manipulate anyone into buying this stock. Do what ever you want with your money. And I'm not going to lie I do have 30,000 shares at .0004 but I'm not going to jump to conclusions about a this stock after doing enough dd to know that it's not going to be halted. I'm just trying to provide information that isn't negatively pushing people into dumping there shares back into the market. Sure there are naive individuals who will make a discussion based off a couple of words. I also want to let everyone know that there is individuals that get paid to falsely provide information to make it should like the stock isn't good.



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