Cannabis Science Inc (fka CBIS)

[newmedman]

I'm afraid gomez is spot on and far from a basher, lol.... This company goes back to a shell that was purchased to form it.... There were other individuals that were involved then and it didn't work out between them and the current management...

It's been a lot of cat and mouse BS with the shares since then so the original debt from the shell continues to carry down..... it strangely enough is around 65 mil....

I think some people overstate the debt when they don't look at it as a normal operational loss (NOL)...

essentially it's a sizable tax write off for the company imo.

but it still remains in the red column so it looks bad until CBIS can get the revenue flowing from somewhere besides the stock. I'm hoping that is what will soon be happening.....

CBIS reports to the SEC after every quarter. They will have a new filing around February 15.

until then before you choose to buy or sell more CBIS I would start reading some of this stuff. http://www.sec.gov/cgi-bin/browse-edgar?company=cannabis+Science&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany