North American Cannabis Holdings Inc (USMJ)

[lbdave]

Africa may be a tough place to do business as a westerner, but it seems other companies see the economic advantage of expanding in that country. Below is only a few articles of growth in Africa

http://finance.yahoo.com/news/South-Africans-accept-WalMart-apf-3435438692.html?x=0&sec=topStories&pos=3&asset=&ccode=
http://www.southafrica.info/business/investing/globalcomps.htm
http://www.africanbusinessreview.co.za/tags/jobs/nestle-invest-r505m-south-africa-economy

ettan Share Thursday, February 10, 2011 10:22:24 AM
Re: pennywars post# 1005 Post # of 1031

Looks like the .017 went as I was making my last post. The new CEO hasn't had enough time to sharpen a pencil let alone make an impact. I love the fact that he has previous experience in the target market. Africa is not an easy place to conduct business as a westerner and the new CEO's military history leads me to believe he has potential contacts/contracts that a civilian would not. I think this was strong move by mgmt.