North American Cannabis Holdings Inc (USMJ)

[Woodyx2]

That is the most vague news I gave ever read.

"The ‘spin-off’ transaction is anticipated to be executed on or before August 3rd, 2015."

"will receive a yet to be determined portion of shares in Puration, Inc."

"The ‘closing’ may occur prior to or after August 3rd."

"There is no certainty or guarantee the anticipated ‘spin-off’’ transaction will ‘close.’"

Seriously, why even put this out, unless you are just trying to support this level for converters to exit?