CV Sciences Inc (CVSI)

[Wolf-man jack]

WISE WQLF SAYS; YQU should ALWAYS ask the WISE WQLF and the WQLFPACK if One needs the answers to very difficult and correct Questions YQU Now Understand YQU Understand. Have Mercy Have Nordic Naturals and CV Sciences Omega PlusCBD Partnership Have Faith WQLF Ahooooooo

Darth Voida Said; Thank You Wolfy. Your MBA Degree, former Business Ownership Savvy, and Real Research is totally awesome.

Fangster, I probably should have asked you. I believe you have a financial background. Maybe you know the answer to my par value question?...
While comparing CVSI and CWBHF, I noticed CVSI's par value is .0001, while CWBHF's par value is $1.00 with a very similarly sized share structure. I know par value usually doesn't mean much, and please correct me if I'm wrong here, but does that mean that CWBHF can't issue shares for cash below $1.00 without having a direct liability to shareholders?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171546028

Jim, I'm wondering if you may know the answer to this...While comparing CVSI and CWBHF, I noticed CVSI's par value is .0001, while CWBHF's par value is $1.00 with a very similarly sized share structure. I know par value usually doesn't mean much, and please correct me if I'm wrong here, but does that mean that CWBHF can't issue shares for cash below $1.00 without having a direct liability to shareholders? Also, CWBHF expects the BAT shares to convert even at the "high" price at which they were issued (~$1.50USD, conversion price of C$2.00 per common share). At what price(s) do you think CVSI's future conversions will take place?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171545292?

FANG FANG SAID: Thank You WISE WQLF;

the answer is determined by applicable law under which an organization is incorporated in. I believe CW is organized somewhere in Canada with no par value assigned to it stock.

Dr. Joong J Fang Said ;

“Companies are free to choose any amount as the par value for their share but they mostly choose a very low amount for their common stock. For example, the common stock of Microsoft has a par value of $0.00000625 per share and Ford’s common stock has a par value of $0.01 per share.”

https://www.accountingformanagement.org/par-value-stock/