North American Cannabis Holdings Inc (USMJ)

[PRmaniac]

usmj - 6 share authorization raises in a few short years is why investors refer to USMJ as the dilution nightmare it is.

Actually very recent dilution and USMJ dilution nightmare has a history of destroying shareholder value.


The last share auth raise to 20 billion shares was in January (very recent), and they've diluted billions of share since then.

Prior to that, they raised the share authorization in January 2017, and then diluted billions of shares.

around 3 months prior to that, in Sept of 2016, they raised the share auth again, and proceeded to dilute billions and billions of shares in a very short period of time.

around 6 months prior to that (April 2016), they raised the share auth and then diluted billions of shares.

Around 3 months prior to that, they raised the share auth (January of 2016) and proceeded to dilute billions of shares.

Less than 3 months prior to that, they raised the share auth November of 2015.