CV Sciences Inc (CVSI)

[GE_Jim]

Going thru the notes and the 8k I find some interesting little nuggets. The price paid does include taking care of indebtedness Cultured Foods owed. I would guess that’s standard. In regards to the spares, 7,074,270 restricted shares of Company common stock {wanted to make sure those were common shares} CVSI has a tight control of selling those shares. From the Sec filing.

“Pursuant to the Purchase Agreement, the Member agreed that he will not, on any single trading day sell, transfer or otherwise dispose of any Company common stock, including the Closing Shares, in an aggregate amount exceeding the greater of (i) 15% of the of the Company’s common stock sold in the aggregate based on the greater of the current or proceeding trading day, and (ii) $3,000 in gross value; provided, however, that in the event that the Company enters into a leak-out agreement with any third party on terms more favorable than the foregoing, the Member shall be afforded the same more favorable terms offered to such third party”

I also need to check if this is a ship out only from the Poland to those 15 other countries.

Also, of note that the sellers {McWhorter’s} can’t start up another competitive business for a 1-year period.

Anyway,