CBIS has issued 33,888,295 shares of stock since Aug 2009 to May 19, 2010
How many MORE shares do you think they have issued in the past 4 months?
Who holds the majority interest in this company?
With Authorized shares just under 400% of the shares outstanding when do you think they will start diluting to pay down the -$50,000,00.00 hole we are in?
Why would they attempt to form a new series of common stock to pay investors a dividend, just print us some of those 184,999,426 shares we have loaded in the dilution cannon?
On August 27, 2009, the Company issued 2,005,000 common shares through private placements at $0.05 per share.
On October 8, 2009, the Company issued 60,000 common shares through a private placement at $0.17.
On December 14, 2009, the Company issued 100,000 common shares through a private placement at $0.20.
On December 10, 2009, the Company issued 37,495 common shares through private placements at $0.15.
On January 4, 2010, the Company issued 95,800 common shares to an investor for cash.
On January 21, 2010, the Company issued 300,000 common shares for a private placement at $0.17 for net proceeds of $47,500 after paying a finder’s fee of $3,500, issued 50,000 common shares for services rendered and, issued 400,000 common shares for settlement of $40,000 in shareholder debt. The Company also issued 60,000 common shares to an advisor for services rendered in 2010.
On February 8, 2010, the Company issued 1,750,000 common shares for settlement of $175,000 of shareholder debt assigned from the shareholder note payable owing at December 31, 2009.
On March 8, 2010, the Company issued 600,000 common shares for settlement of $60,000 of debt assigned from the shareholder note payable owing at December 31, 2009.
On March 12, 2010, the Company issued 470,000 common shares to consultants and advisors for services rendered. The Company issued 300,000 common shares for a private placement at $0.17 for net proceeds of $45,000 after paying finder’s fees of $6,000. The Company issued 50,000 common shares subscribed in January 2010 at $0.10 for proceeds of $5,000 received in full.
On May 13, 2010, the Company issued 25,650,000 restricted common shares at $0.10 per share to several individuals for services rendered.
On May 15, 2010, the Company issued 4,600,000 common shares for settlement of debt of $46,000.
On May 19, 2010, the Company issued 1,500,000 common shares for settlement of $15,000 of shareholder debt assigned from the shareholder note payable owing at December 31, 2009.
Share Structure
Market Value1...........$2,730,024..............a/o Sep 23, 2010
Shares Outstanding........65,000,574.........a/o Jun 17, 2010
Float...............................24,000,000.........a/o Jun 17, 2010
Authorized Shares.........250,000,000.........a/o Jun 17, 2010
