North American Cannabis Holdings Inc (USMJ)

[izzibbi]

This is right out of their website http://www.growusmj.com/news/

...Since the announcement last week, the Company has received a number of calls and emails from shareholders concerned about various possible impacts to their current share positions. One shareholder was worried that their shares would no longer be traded public. USMJ common shares will remain publicly traded on the OTC Markets. A reverse split of the common stock is NOT a required term of the ACI transaction. ACI is acquiring a control block of preferred shares that do not trade publicly. No new common shares are being issued as part of the ACI transaction. We sincerely anticipate the ACI acquisition of USMJ control to enhance the value of USMJ common stock.

Stay tuned for a number of exciting updates corresponding to the ACI transaction to be forthcoming in the next few weeks.

Steven Rash

CEO

North American Cannabis Holdings


Trigger Happy people always miss the shot!!