Americann Inc (ACAN)

[diduknow]

The company is simply financing the 10M, if the deal gets completed and the SEC declares a registration statement effective, thru selling stock in the public markets,in intervals thru an intermediary,who gets a nice discount and then sends the company some of the proceeds back. Basically a license to the party to sell as much as it can, over $1.00 and try to get up to 10Million back to the company and from the public markets. I cannot see it happening with such low volume in any reasonable time-frame. Call it 6 million shares near these prices will be sold into the market, over time, ONLY after a registration statement becomes effective, if it ever gets filed. Until then, no need to drive by and see if a building is going up cuz they are LOW on cash.