Cannabis Science Inc (fka CBIS)

[phonebook]

If I have 1000 shares at .06 I spend $60. The divy gives me 100 new shares of the new class valued at $100. At that point I now have $160 worth of stock. I also have the right to purchase another 100 shares of the new stock at $1/share strike price for the 90 days following the listing of the new share class with a new ticker. The parameters on selling the divy shares have not been given yet.

To use this example.....I will be buying roughly 350,000 shares of CBIS. The divy "gives" me 35,000 shares of the new ticker valued at ?????

Is the gift we are getting actual stock or options to buy at a discount price?

This seems too good to be true.