Cann American Corp (CNNA)

[iloinen]

This thing smells...bad.

Encouraging when they split 1:40 late last year since no company like this should have 400 million shares. And they kept acting like they're still in game after the TAM disaster. But then right away they authorize 9 BILLION new shares effectively wiping out the current holders. Next they "sell" 800 MILLION for only $8,000.00 and grant themselves and other offices 8 BILLION of what's left. Unethical doesn't even begin to say.

Now on a vague announcement of a distribution agreement volume vaults to over 25 million and some mysterious dudes show up pumping the stock like barkers at a carnival. Gotta love for the sheer loaded cheesiness of it, pivotpoint's post "just heard about $BFLX from a fireman" ... oh please. Wonder if they're all the same guy...a team of cons at the least.

Question: who's selling these millions of shares and why? The stock's been DOA for months and suddenly on a spec announcement volume flies over the moon. Hmmmmm.

Caveat Emptor - Buyer Beware!!!

And check out Schiorring's new digs -

https://www.facebook.com/#!/photo.php?fbid=10150734887266082&set=s.382876765097874&type=1&theater

http://www3.hilton.com/en/hotels/uae/hilton-dubai-creek-DXBDCHI/index.html