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Re: Art Vandeley post# 65386

Tuesday, 05/01/2012 11:40:37 AM

Tuesday, May 01, 2012 11:40:37 AM

Post# of 129051
They already talked about those acquisitions in their last 10-k. Why would they need to issue an 8-k on a material disclosure that has already been made in a 10-k? an 8-k is for the purpose of making new material disclosures.

"On March 21, 2012, the Company acquired Cannabis Consulting Inc. ( “ CCI Group ” ), which consists of a group of businesses operated by Robert J. Kane, including: all contracted rights, properties, patents, trademarks, and distribution rights and agreements pertaining to Cannabis Consulting Inc., Robert Kane


Partners, Kaneabis Consulting, Kaneabis Fund, Kaneabis Report, and Kaneabis Radio. In conjunction with the acquisitions, Robert Kane was promoted to V.P. of Investor Relations for the Company. Consideration paid for the CCI Group was 1,000,000 common shares to issued to the principal, Mr. Robert Kane.

The Company is in the development stage as defined in Accounting Standards Codification ( “ ASC ” ) Topic 915."

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