Replies to post #2452 on CV Sciences Inc (CVSI)

[Det_Robert_Thorne]

There were very few free-trading shares in February

When CANV ran to 200 in February, the reason wasn't the 10M - 20M shares that were outstanding, but the 100K or so shares in the float that were free-trading.

With so few shares available, and held in so few hands, the price ran on a short squeeze and manipulation.

On Feb 21, the day that CANV hit $201, 50K shares traded, and we found out a few weeks later that Stuart Titus of General Hemp was selling 62K throughout the run up and down, ending up with about $7M in the process.

Even after that sale, there was still probably less than 200K shares that were free trading.

We're probably now at 1.2M - 1.6M free trading, with many more on the way.

When CANV's free-trading float is up to 10M, or so, and with revenues for 2014 less than $13M, it will be much harder to manipulate the price.