Cannabis Science Inc (fka CBIS)

[stockseekerok]

I like CBIS as well as any but you better be careful, The A/S was Just increased from 30 Million to 250 Million.
Lawsuits were just settled and resulted in the issuance of shares as settlement

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6919856

On November 30, 2009, our Board of Directors approved, subject to receiving the approval of two holders of a majority of our outstanding capital stock, an amendment and restatement of our Articles of Incorporation (the "Restated Articles"), to increase the number of authorized shares of common stock we may issue from 30,000,000 to 250,000,000 (the "Share Increase"). The Majority Stockholders approved the Restated Articles pursuant to a written consent dated as of November 30, 2009. The Restated Articles effecting the share increase will become effective following filing with the Secretary of State of the State of Nevada, which will occur promptly following the 20th day after the filing of the Definitive Information Statement.

We are currently authorized by our Certificate of Incorporation to issue 30,000,000 shares of common stock, $0.001 par value per share and 1,000,000 shares of preferred stock, $0.001 par value per share. Pursuant to the Amendment we will increase the number of common shares we are authorized to issue to 250,000,000 shares of common stock, $0.001 par value per share. As of the date the Amendment was approved by our Board and the Majority Stockholders, there were 29,487,279 shares of our common stock issued and outstanding.

EFFECTIVE DATE

Pursuant to Rule 14c-2 under the Exchange Act, the above actions shall not be effective until a date at least twenty (20) days after the date on which the Definitive Information Statement has been mailed to the Stockholders. The Company anticipates that the actions contemplated hereby will be effected on or about the close of business on January 4, 2010.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6940706

Now you see why the recent push for CBIS to move again, of course volume is all that is desired :)