Cann American Corp (CNNA)

[DD_dempsey]

Not a concern. That’s a market maker- $CNNA

NOT A RETAIL SHAREHOLDER. That’s a computerized move to make or “create” a market. The company appears to be in a holding pattern in terms of what they wish or might be able to tell shareholders as to what’s actually in store here.

We know two things for sure - 1 Patrick King is definitely involved and 2- CannAmerican purchased A ton of equipment for cannabis cultivation from Patrick king - and that might bode well for what’s in store here at $CNNA.
I can tell you on thing- it won’t be canna meds for pets. Haha. So that’s why they are awaiting the FINRA name change.

As for the Form 1-A- investors will want to see value. IMO- if big money is going to buy those shares in the Form 1- than there must be a reason why the management expects interest as such- or else why else spend the capital and costs of attorney to go through this whole form 1 process. It’s cheaper than IPO- yes- but still- $25k in legal fees minimum and they still don’t guarantee finding qualified large buyers. Clearly - they must know something or have folks - and hence- hopefully we will see news in short order that will enable me to press forward with far more DD.