CEO's EMAIL to DRAGON!!! SEE INSIDE!!!
Hello Again Mr. xxxxx
The Company has not sold shares any time recently.
The Company did enter into a debt agreement in conjunction with the purchase announced today (no conversion of the purchase debt is anticipated in the immediate future) and the Company does cary legacy convertible debt obligations on the balance sheet. Furthermore, the Company plans to potentially utilize its common stock to fund the start-up and growth of future operations.
Management is working diligently to manage the issued and outstanding in a manner conducive to share price appreciation. Please consider that the USMJ i/o is far lower than many comparable cannabis sector stocks. Management is not only working to contain potential dilution, Management is working to counter potential dilution. Keep in mind, for instance, the two recent share cancellation disclosures. Management is similarly engaged in other efforts to further mitigate potential dilution.
I imagine your communications here are forwarded out of a concern for current price per share performance not meeting with your expectations. Please consider that many factors can impact price per share performance both positively and negatively. We can not attest to any one particular factor that is resulting in price per share performance that does not meet with your expectations. As stated above, we can assure you the company is taking measures to contain and counter potential dilution.
1. A law suit has been filed to petition for the cancellation of 6 million plus shares. The subject shares have been restricted by a court ordered permanent injunction from transfer. Management is confident the Company will prevail in the ultimate cancellation.
2. A separate law suit has been filed to petition for the cancellation of an additional 33 million plus share. The subject shares cary a restrictive legend at this time that would prevent the shares from being freely traded. Management is confident the Company will prevail in the ultimate cancellation of the subject shares.
3. The Company's Authorized common stock allocation is 1 Billion shares.
4. An issued and outstanding balance of approximately 10% of the authorized common stock is a fair representation of the Company's current structure.
Buy and Sell at your own Risk. Dont point fingers, and make excuses. After all, wasnt it you that clicked the Buy Button?
