Medicine Man Technologies Inc (SHWZ)

[Drugdoctor]

$NET PROFITS were posted again for the 3rd quarter... I like this statement in the 10Q...

At December 31, 2015, the Company had 9,972,500 shares outstanding.



On January 4, 2016, the Company issued 120,000 shares of Common Stock to various individuals in consideration of their services rendered in support of the Company resulting in recognizing compensation expense of $49,200 based upon an independent valuation determining the value of shares at $0.41 per share.



At September 30, 2016, the Company had 10,092,500 common shares outstanding.


As of November 14, 2016, there were 10,092,500 shares of common stock, par value $0.001 issued and outstanding.

Very very little dilution of the stock...

Now, read this...

"Comparison of Results of Operations for the three months ended September 30, 2016 and 2015



During the three months ended September 30, 2016, we generated revenues of $236,593, including consulting/licensing fees of $233,500, with the balance of fees arising from our participation in cannabis seminars, compared to revenue of $241,140 during the similar period in 2015, a decrease of $4,547. This nominal decrease was primarily attributable to a decrease of $28,047 in revenue derived from seminar fees during the three months ended September 30, 2016, due to our participation is less seminars. However, licensing fees increased by $27,000 during the three months ended September 30, 2016 compared to the similar period in 2015. Based upon executed consulting agreements, we expect to recognize substantial deferred income in future quarters related to existing service agreements that have payment triggers based upon new state legislation in Oregon, California, Pennsylvania and Nevada."