Cannabis Science Inc (fka CBIS)

[palmspringsbum]

I don't think you understand.

The stock currently traded will be Class B common.

The dividend Class B common shareholders will receive will be Class A common.

Additionally, there will be a "Preferred" class issued, which will not be a dividend for anything.

Upon effectiveness of the Amendment, we will be authorized to issue 250,000,000 shares of Class B common stock (our current class) and 100,000,000 shares of Class A common stock (our new class) and 1,000,000 shares of preferred stock.

The best I can tell, the only reason to have the Series A Preferred is it will give you 1,000 votes (or proxies) per share whereas the Class A Common only gives you 30 votes (or proxies) per share.