Fusion Pharm, Inc. (FSPM)

[eagle_2975]

If this had 2.35M shares outstanding like Yahoo Finance said, this would be a fantastic investment for a pot-related business. But the reality is that it has 8M+ shares outstanding and could have more than 150 million shares hitting the market at any time!

"The Company has the following potential common stock equivalents at September 30,2012 and 2013: The series A Convertible preferred stock is convertible into common shares at 100 to I, reflecting a total potential conversion of 146,733,00 if fully exercised and converted. The convertible note is convertible into common shares at various rates of conversion. As of September 30, 2013 the convertible notes (and accumulated interest) could be convertible into 6,909,509."