InvestorsHub Logo
Followers 11
Posts 487
Boards Moderated 0
Alias Born 04/28/2014

Re: $ocrates post# 38362

Wednesday, 03/04/2015 2:30:23 PM

Wednesday, March 04, 2015 2:30:23 PM

Post# of 42626
When this started there were $2.36B shares outstanding with $1.6B float and $.81B of those were restricted. Those are no longer restricted and the outstanding shares have already increased to $3.11B and they are authorized to dilute to a total of $5B shares. The float has increased quite a bit since the name change...

The big players have plenty of edibles readily available in the stores already, there is nothing special about 5HH other than a "name" which this company hasn't trademarked.

In summary you've had dilution and a large increase in float, no product launched by a company that has no experience in the MJ market that is already well established, and the one thing they are trying to hype based on (the name) isn't owned by them and anyone could take it if desired. Yeah I'd say some skepticism is definitely warranted.