Replies to post #114385 on Cannabis Science Inc (fka CBIS)

[Crusen]

Probably not. They still haven't been allowed to issue the 2011 divy. LMAO

Cannabis Science, Inc. (the “Company”) wishes to update its current and former shareholders regarding the previously approved share dividend, which was filed on a Definitive Schedule 14C with the Commission on August 18, 2011. The Company will use its bets efforts to issue the share dividend, which is one new share of Class A common stock for each ten shares of common stock that they owned as of December 31, 2010. In addition to this dividend, the Company intends to file a new Information Statement pursuant to Section 14(C) to issue a new dividend to shareholders as of October 9, 2015. The Company intends to seek the approval to issue a dividend of one share of Class A common stock for each one hundred shares owned by shareholders of record as of October 9, 2015. Both dividends will also carry a warrant that will give each shareholder of record a share purchase warrant consisting of an option to purchase one additional share of Class A common stock for each special dividend share received. Each warrant will be exercisable into one share of Class A stock at a price of $1.00 per share for a period of three months after all the proposed changes officially take effect. The Company also plans to apply for a unique and separate trading symbol for its shares of Class A common stock.

http://www.sec.gov/Archives/edgar/data/1024626/000151712615000202/form8k.htm


And honestly, the way they have been diluting, they will have to raise the A/S again soon.

Number of common shares outstanding at July 27, 2015: 1,282,155,296

http://www.sec.gov/Archives/edgar/data/1024626/000151712615000177/form10q.htm

Number of common shares outstanding at August 15, 2013: 710,423,906

http://www.sec.gov/Archives/edgar/data/1024626/000151712613000246/form10qa.htm

That's 571,731,390 NEW SHARES in the Last 2 Years!!!
This POS must keep them busy printing shares and writing the PUMP material.