AMMJ DD:
1. On August 14, 2017, 51,434,050 shares of common stock were outstanding, market cap is under $50m
2. Total Assets/ Total Liabilities = 13, very solid, non of weed companies I have checked has so solid ratio. Accumulated deficit - reasonable.
3. trading about 24 times it's net assets, still high but much better than OWCP (50 times) and KSHB (
4.As of June 30, 2017, and December 31, 2016, the Company had issued and outstanding warrants to the Company’s independent board member to purchase up to two hundred and fifty thousand (250,000) shares of common stock at an exercise price of sixty-three cents ($0.63)- reasonable.
5. For the six months ended June 30, 2017, the Company issued 439,182 shares of common stock for services valued at $401,809.
6. I would say, pretty reasonable market cap and much more solid balance sheet than previous weed stocks. i would considered a speculative buy here.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
