Thursday, August 10, 2017 1:53:46 PM
I wonder if the SEC will take notice that PURA is planning to enter the illegal cannabis drug market. Securities that try to hype the federally-illegal cannabis market often rise suspicion of regulators, because of the market rules on illegal drug marketing by publicly-traded stocks.
Looks like PURA is simply trying to put out fluff to help them allow conversion and dumping of their toxic discounted shares they issue in huge volumes (dilution).
Since PURA has so little money, getting a drug on the market can take 5-7 years and cost hundreds of millions of $'s, and human and clinical trials are required, and the FDA will not approve a schedule 1 illegal drug like cannabis, investors should be wary of potential scamminess here.
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