American Cannabis Company Inc (AMMJ)

[HokieHead]

Hi guys -

Laying in bed (sounds off topic) and can't sleep and noticed the filings here. Give you my thoughts quickly. On my mobile so gonna use round figures.

Commons gonna get shafted. They are R/S the commons down to 2.6 million shares. The new owners get the preferred G which end up turning in to around 40 million commons post split as it says the pre holder commons get 6.5% of the new company, the new guys get 93.5%.

The kicker is you got only 6.5% of the company which is now trading for either .84 (.0001) or 1.68 (.0002) after the reverse merger, giving this a market cap of $33-$67 million based upon a .0001 or .0002 close because there are 40 million shares outstanding. The company also has the right to issue more shares up to 100 million total.

I think I saw the revenue figures in earlier posts but I do not think it was worthy of a $33 million market cap let alone a $5 million one. Not saying it will happen but those 37-40 million shares held by insiders sitting there at .84 or 1.68 post split would make some real nice coin for them.

If I could short this post split at .84 I'd ride it back down to .05 or lower as they are exiting the stock.

Again, all in my opinion, but getting only 6.5% of the new overpriced company is a "shaft".

Night all!