Cannabis Sativa Inc (CBDS)

[TimeBriggs79]

After having a quick look at the press release it does seem that it is good because CBDS is getting the important assets of KUSH and giving back a license to KUSH. And if I'm not mistaken CBDS owns 134,186,849 shares according to July 2014 8k:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10086916

Meaning if CBDS has around 16m out that each CBDS shareholder should get around 3 KUSH shares as a dividend. So shareholders are getting rid of $3m debt the company has, getting 3 KUSH shares for each 1 CBDS share and keeping the assets they currently have through KUSH.

So in the end CBDS shareholders have their original CBDS shares plus 3 KUSH shares if I understand all of this correctly and I'm not mistaken.