Cannabis Science Inc (fka CBIS)

[Palo]

Cannabis Science, Inc. (OTCMKTS:CBIS) a U.S. company specializing in the development of cannabis-based medicines, is pleased to declare the closure and issuance of the formerly filed dividend share payout as filed with the S.E.C. on a Definitive Schedule 14C on August 18, 2011, the Definitive Schedule 14C filing (RULE 14c-101). CBIS also intends to file another Information Statement to accommodate new shareholders to date to receive a similar dividend payout, to bring all shareholders in on what the Company considers a landmark growth curve. CBIS expects to accelerate its current FDA targeted drug development programs and expand its State-by-State initiatives. Increasing shareholder value is of foremost importance for everyone involved; to this end the Company will apply for a unique trading symbol to accommodate a $15 – 25 million USD range financing it has been actively negotiating for the newly created class of dividend payout Common A stock, and formally pursue a contemplated up listing to NASDAQ. CBIS expects to begin filing the complete new structure program with no reverse split by the end of the month.

Cannabis Science Inc (OTCMKTS:CBIS) decreased -2.08% closed at $0.0377 and traded with total volume of 9.06 million shares, while the average trading remained 11.33 million shares. During last trade its minimum price was $0.03 and it gained the highest price of $0.04. Its market capitalization was $48.34 billion.
http://www.techsonian.com/penny-stock-buzz-tencent-holdings-adr-tcehy-cannabis-science-inc-cbis-basf-se-adr-basfy-walter-energy-inc-wltgq/12570988/