Cannabis Science Inc (fka CBIS)

[nilremerlin]

wplong89: FINRA Rule 4560 (formerly NASD Rule 3360) requires FINRA member firms to report their short positions on all over-the-counter (“OTC”) equity securities to FINRA. Once the short position reports are received, the short interest is then compiled for each OTC security.

Effective September 7, 2007, then NASD Rule 3360 was changed to require firms to increase the frequency of short interest reporting from monthly to semi-monthly cycles. Please refer to the Short Interest Reporting Deadlines for the current reporting schedule.

The mid-month short interest report is based on short positions held by members on the settlement date of the 15th of each month. If the 15th falls on a weekend or another non-settlement date, the designated settlement date will be the previous business day on which transactions settled. The end-of-month short interest report is based on short positions held on the last business day of the month on which transactions settle. The reports must be filed by the second business day after the reporting settlement date. The short interest data is compiled and provided for publication on the 8th business day after the reporting settlement date.

Pricing and publication restrictions are under consideration.

Publication Schedule

Semi-monthly short interest information will be available on this site after 4 pm ET on the Media Date.

http://www.otcbb.com/asp/OTCE_Short_Interest.asp

nilremerlin