North American Cannabis Holdings Inc (USMJ)

[Squeezer]

READ YOUR QUARTERLY AND DO DD. AT THE END IS THIS :

NOTE 12 – SUBSEQUENT EVENTS[/b
On February 02, 2016, the Company increased its authorized shares of common stock from 2,000,000,000 to 4,000,000,000

ALSO EARLIER ON THIS STATEMENT OF CAUTION:

NOTE 3 – GOING CONCERN

The Company has suffered recurring losses from operations and has a working capital deficit and stockholders' deficit, and in all likelihood will be required to make significant future expenditures in connection with continuing business development efforts along
with general administrative expenses. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company’s activities have been primarily supported by loans from various parties. The Company has sustained losses in previous reporting periods, with a net loss of ($690,052) for the six months ended December 31, 2015. Management continues to seek funding from its shareholders and other qualified investors to pursue its business plan. The Company continues to seek funding for all of the projects and operational requirements for the continuing fiscal year.
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There you are my friend. Notes from the quarterly. Expansion to 4billion shrs (in note #12) Some doubt about the companys ability to continue and continueing dilution for funding from the shareholders and other qualified investors and also for the remainder of the fiscal year which ends June 30. (NOTE#3)

READ AND WEAP NO MORE-- YOU HAVE BEEN SHOWN IN THEIR OWN WORDS