CSA Holdings Inc. (fka CSAXQ)

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Even with the proceeds of the September Private Placement, we will require additional capital to fund our current operations and anticipated expansion of our business and to pursue targeted revenue opportunities. We cannot assure you that we will be able to raise additional capital. If we are able to raise additional capital, we do not know what the terms of any such capital raising would be, and whether they will be on terms acceptable to us. In addition, any future sale of our equity securities would dilute the ownership and control of our current shareholders and could be at prices substantially below prices at which our shares currently trade. Our inability to raise capital could require us to significantly curtail or terminate our operations.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11027542

Mr. Smith has a direct interest in Dixie Holdings, LLC ("Dixie"). Prior to the Merger, Dixie was a member of Canna Security. Canna Security and Dixie are parties to a Unit Purchase Agreement (the "Repurchase Agreement") whereby Canna Security is obligated to re-purchase a portion of Dixie's membership interest in Canna Security upon the occurrence of certain liquidity events (such as the Merger). Immediately prior to the closing of the Merger, Canna Security repurchased 50% of Dixie's membership interest in Canna Security for a total price of $235,715 to be paid by Canna Security in installments as follows: $117,857 within five days of the closing of the Merger and the remainder before the one-year anniversary of the closing of the Merger. Additionally, the Repurchase Agreement provided that Canna Security would cause Company to appoint Charles Smith as a director of Company.

Lots of good litigation to read on Dixie

Plethera of SA promo for a company with zero revenue, zero cash, transitioning from yacht cleaning to dispensary protection..