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Alias Born 12/09/2011

Re: None

Wednesday, 05/04/2016 3:22:12 PM

Wednesday, May 04, 2016 3:22:12 PM

Post# of 129051
Net Losses have increased over 100% year over year. For the first 9 months of 2014 CBIS lost ($7,099,114) and for the first 9 months of 2015 CBIS lost ($14,204,900). Indeed net losses are increasing very fast. Where CBIS was burning $788,790 per month, now CBIS is burning $1,578,322 per month. Folks should know the financial realities and the realities is that CBIS's balance sheet is burning investor capital at a much faster rate.

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