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Re: ash111 post# 4308

Monday, 08/28/2017 3:30:37 PM

Monday, August 28, 2017 3:30:37 PM

Post# of 7536
KSHB DD :

1. On July 31, 2017, CFO has resigned

2. new CFO will receive a salary of $150,000 per year + an annual bonus of up to $50,000 + will be granted a stock option to purchase six hundred thousand (600,000) shares of the Company’s common stock.

4, CEO just sold 200,000 shares ( http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12236460
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12225357 )

5. On May 1, 2017, Kush Bottles reported: "completed the acquisition of CMP for $1.5 million in cash and 7.8 million shares of stock. last 10Q shows this transaction as a goodwill valued of $35m and Additional paid-in capital of $40m

6. Market cap of $110m for a company just reported $150k net lose, seems pretty high

7. if Calculation of goodwill is accurate then KSHB is trading about 4 times it's assets which is very reasonable

8. chart-downtrend http://stockcharts.com/h-sc/ui?s=KSHB

9. I would say, do more DD but to me I wouldn't buy it at current market cap, need to find bottom.

My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.

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