Cannagistics Inc (CNGT)

[Slojab]

They've increased the O/S from 5,803,617 a/o Apr 20, 2016 to 10,173,616 common shares as of June 7, 2016.

Also increased professional fees $1,506,555

We recently conducted a small offering and raised roughly US$30,000. We will need to raise US$10 million in the issuance of securities in order to grow our business. Upon securing funds, we plan to execute on a 12-month business strategy, which we hope will see a positive cash flow in the years to follow

A tad overvalued you say?

Market Value1 $18,861,755 a/o Jun 17, 2016

Yeah, maybe a tad.