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Re: captainjonesthe3rd post# 11212

Wednesday, 01/24/2018 6:04:43 PM

Wednesday, January 24, 2018 6:04:43 PM

Post# of 82964
A lot of potential investors shy away from the idea of a R/S. Maybe the company sees a potential that the pps will organically rise over 1.00 /share in the near future allowing them to uplist to a better exchange without having to split the shares. Also, with only 90 million shares outstanding its not like they are diluted or anything. I'm thinking they did it 1) because they see how they can achieve their goals without it 2) it becomes a statement to potential shareholders that they can invest without the worry of having their shares slashed. 3) The MJ market is primed to explode this summer and there's a potential with midterm elections to turn the table and get legislation to deschedule marijuana and its derivatives.

These are just my thoughts on your question. Nobody really knows but the company.
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