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newmedman

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newmedman

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Re: russ5555 post# 65977

Wednesday, 05/02/2012 5:18:41 PM

Wednesday, May 02, 2012 5:18:41 PM

Post# of 129054
they are supposed to trade at a ratio to one another....

As the old filing stands it is 1 A for every 30 B ......

If I own 100 A shares I could convert them to 3000 B shares.... The market has to work this way as well, which is why the authorized shares were increased... If someone sells 1000 A there has to be 30k B to back it.... and if someone buys a million pre-market then I'm OK with that...

The outstanding share increase will be in a filing with the SEC... Until then we all can believe what we want to about CBIS....





"If people let government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny." - Thomas Jefferson

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