North American Cannabis Holdings Inc (USMJ)

[PRmaniac]

The reverse split they need will likely wipe out the investors anyway, so that constant wall of selling is likely to continue.

They have notes in default, gathering default interest, so that has to get addressed.

I'm guessing they will just redo new toxic death spiral financing notes to pay off the old ones, then give the lenders another sweet 50% + discount on those conversions. USMJ is not in the driver's seat on the defaulted notes. The lender is in control.