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cannabis watcher

10/08/15 11:12 AM

#36250 RE: maz1978 #36247

Another carrot dangled in front of investors that won't come to for investors that won't come true
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AceinPhilly

10/08/15 11:18 AM

#36252 RE: maz1978 #36247

I don't want the S1 now anyway, why would anyone? Until it is trading on its own for a little bit even if you get your S1 those shares will worthless in less than 2 minutes so I don't know why this broken record plays here everyday. The best thing I heard on that CC was his comments at the end regarding INCC.
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R33

10/09/15 8:08 AM

#36288 RE: maz1978 #36247

An S-1 from a cannabis company is never approved by the SEC. After filing, it usually takes 6-9 months of comment period before the SEC MAY get tired of the hassle and will let it go effective by default. They NEVER approve an S-1 by a cannabis company outright. I've worked with several cannabis companies where it took over a year to get an S-1 finally effective, if at all.