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Re: None

Friday, 04/15/2011 6:12:49 PM

Friday, April 15, 2011 6:12:49 PM

Post# of 129051
Well my final thoughts...

The one thing that really gets me is how similar this 10k is to last years. There are NO significant changes in the company. They added their most recent press releases into their bio but that's it. After their whole campaign of the company taking the lead in MMJ, there is nothing to show for it.

Since they have started with RockBrook they have been saying 'Our licensed distributor...' making investors believe there was some kind of product being sold there. There are no revenues listed from rockbrook. Not even the lease payments were realized. And what about the consulting that CBIS was supposedly providing for RockBrook? RockBrook said bob was testing and helping them maintain their grow operation with his expertise. Where is the payment from that? Or was bob just allowed to slip a few leaves in his pocket and they called it a deal?

The bottom line is $60 million in debt and no financing options lined up for the upcoming year. I shudder to think what two people spent $3 million on in 'administrative expenses'.

They need to fix their finances and generate some revenue. There is some serious loose spending going on here and the company is performing services without payment.

You all keep saying bob is a genius yet he can't make a buck with his expertise?

Don't argue with idiots. They just drag you down to their level and beat you with home court advantage.

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