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Re: HotStockAce post# 48821

Sunday, 03/04/2012 9:08:18 PM

Sunday, March 04, 2012 9:08:18 PM

Post# of 129051
Cannot bank unless you sell, which is a good idea, because CBIS is selling to anyone who is willing to pay this price:

Here is some realism:

From the Def 14c:

We are currently authorized by our Certificate of Incorporation to issue 250,000,000 shares of common stock, $0.001 par value per share and 1,000,000 shares of preferred stock, $0.001 par value per share. Pursuant to the Amendment we will increase the authorized shares and reclassify our common stock so that we can issue 850,000,000 shares of Class B common stock (our current class), 100,000,000 shares of Class A common stock (our new class) and 1,000,000 shares of preferred stock.




As of the date the Amendment was approved by our Board and the Majority Stockholders, there were 107,170,574 shares of our common stock issued and outstanding.



If you think CBIS not diluting this stock during this promo to raise funds, then think again.......When they get around to filing their 10K, it is going to be a huge eye opener and anyone holding will wish they had taken profit.....IMO......GL

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