North American Cannabis Holdings Inc (USMJ)

[4weed]

Why American Seed&Oil is Public?

Yes, the Company has no money and no revenue at the moment. That's why the entrepreneurs behind the company put the American Seed & Oil Company in ALGA.

The publicly listed stock is what attracts entrepreneurs to the public market. Its a currency for them to use to raise investment capital. Of course they don't have capital when they first go public. They are fighting the what came first, the chicken or the egg scenario. In this case, what comes first, investment capital or a business with revenue?

This Company has done a lot with out capital so far to advance and prove their business. How many public cannabis companies actually grow cannabis?

http://www.americanseedandoil.com/blog/2014/8/17/owm010hq0hvsf92tsr33ti370ole15

The Company is building partnerships to develop actual cannabis related products.

http://www.americanseedandoil.com/news/epivape

http://www.americanseedandoil.com/news/2015/2/10/dube-hemp-energy-shot

I am sure management is out trying to raise capital. In fact the announced getting some capital.

http://www.americanseedandoil.com/news/12mmjgrowops

At the same time, they're trying to build a business without much capital. This is entrepreneurialism.

So we invest because we like there plan and think the management team can do it or we don't invest because we don't like their plan or don't think they can do it.

Now there is one more consideration. Not only does the otc public market attract entrepreneurs seeking capital investment, its attracts scammers just trying to sell stock.

So you also have to decide is the ALGA management team genuine or scammers. I look at the picture of the farmers and my belief is that this management team is genuine.

I am buying under $0.10 and holding for $1.00