North American Cannabis Holdings Inc (USMJ)

[hhi3]

From the CEO presentation; how can the SP be 0001? Is this stock being manipulated that much or is none of this actually happening? Is the share structure that bad? He has said several times there won't be a reverse split, (although we've all heard that before)
I don't get it.


The Company has reported $377,000 YTD sales through its third fiscal quarter. Revenue of $145,000 for the current quarter reflects an increase of 6% over revenue for the previous quarter and gross profit of $76,000 for the current quarter reflects an increase of 8% over the previous quarter. The Company is on track to realize over $500,000 in sales at the first anniversary of the AmeriCanna Cafe business launch.

The Company recently announced a $1 million investment to fund the opening of its flagship store and model for a national rollout. A second store is anticipated in Atlanta. The two new stores on top of the existing store in combination with the launch of the Company’s own Sports and Fitness Nutritional Supplement line of products all together stand to make the prospects for our second anniversary even more exciting that our first.