Cannabis Strategic Ventures (NUGS)

[Inorout]

Examining NUGS filings, I’m convinced it’s a low floater scam. I am familiar with these structures. One look at the market cap here and the shear percentage of restricted shares, I’d bet those on lock up must be absolutely dying to bank as fast as possible. But I’m afraid they’re stuck for now, and with these serious accounting irregularities, the restatement in revenues last Quarter, showing sales 90% lower than earlier reported. That’s not good. Just don’t know how NUGS management could sign off on financial disclosures stating they had sales of $220,470 last Quarter when in reality NUGS only had $22,128. That’s quite a screw up.

This management at NUGS is either financially incompetent or total scam artists.