Cannabis Science Inc (fka CBIS)

[Art Vandeley]

Thanks to acquisitions (GGECO University, which is now Cannabis Science University, and Cannabis Consulting Inc., which was formerly operated by their current Director of Investor Relations, Robert Kane), they did have course and consulting revenue of $1,848. Plus, they had $750 of interest earned. The sad part of this revenue is how much it cost them. They issued Kane 1mm shares ($147K) along with 250K free-trading shares ($25K) for "services rendered". GGECO cost 25mm shares ($935K, or $984K with assumed liabilities). These acquisitions, which closed in Q1 and cost over $1mm (in shares), generated $1,848 in sales two quarters later.

http://seekingalpha.com/article/1262781-cannabis-science-masters-the-art-of-shareholder-dilution?source=google_news