Cann American Corp (CNNA)

[10stars]

To me, this statement is saying we're not going to be in sub-penny soon... I'm thinking of 0.50 to 1.00+

Stated CEO, Jason Black: "A year ago the idea of doing a reverse split was furthest from my mind. But, in recent months, as the Company finds itself networking and negotiating with multi-million dollar companies and conglomerates, it became apparent that the optics of trading in the sub pennies was becoming an obstacle in negotiations. I believe the current capital structure will serve the Company and its shareholders much better in the long run. I'd like to thank shareholders for their support during this transition."