Cannabis Strategic Ventures (NUGS)

[miestro]

If you look at the # of shares that went from restricted to common from the last 2 quarterly’s. You’ll see it’s about 30 mil. If you figure they got an avg. price of .10 a share that’s only about $3 million (& again thats 2 quarterly’s so for about 6 months). So theoretically with sales of 2.3mil a month they shouldn’t need to sell near as many if any of their restricted If they can keep them sales numbers up. Also I think people are viewing this from a completely negative perspective. The market cap is based off of the complete Outstanding shares not just common or restricted alone. Their not taking from their authorized shares and adding on a ton more to the Outstanding shares. By selling their restricted shares, they were simply reducing their own equity within the current share structure to finance their operations.