Cannabis Science Inc (fka CBIS)

[dade]

Just over 16million shares have traded under .05
I believe that almost double that amount will needed to be traded to break .10 if it is possible because

CBIS has issued 33,888,295 shares of stock since Aug 2009 to May 19, 2010
We don't know how many they have issued since the middle of May. I think around 20million more

The newly posted glossy brochures listed our Share Structure
A/S 250,000,000
O/S 85,870,547

The latest filing shows Share Structure
Bal, June 30, 2010 O/S 65,970,574
Thats an additional 20million+

So I see resistance of 50+million from the issuance of shares
and about 15-20 million from people that will flip out of CBIS under .10
So resistance of around 70million

CBIS will have to produce one great campaign to trade that many shares between now and Nov - imo, maybe mark can do it...I hope so....

Did anyone check the SS with the transfer Agent last week?
if not we should....

and 100% of the preferred shares are issued