Replies to post #62562 on North American Cannabis Holdings Inc (USMJ)

[Rsarabjit]

Hope this puppy has a nice run soon
The OS is pretty high but I've seen a few stocks still make a nice run. With all the publicity and this stock is bullish can make it go very high. Holding my position for now.

Let's go usmj!

[jamesf402]

You are serious, aren't you!
12.5 billion in strong hands?????
Where in the world would you get get that idea?
It is obvious that there is more than 15 billion shares out. And all deluting, my grandma don't have any arms or legs,,,, and she has a better chance of running than this pos does...

[PRmaniac]

They issued over 3.3 billion dilutive shares just last quarter alone. They might be at their 13 billion share limit right now.

4) Issuance History
Shares issued for the Period ended September 30, 2016 – 3,347,241,128


They also have around 6.7 billion more shares to be issued* as part of their toxic death spiral convertible notes, as well as tons more money owed in unsecured notes.
*Based on conversion at $0.0002. Since a steep discount is likely, that 6.7 billion shares needed to be issued could easily be more like 13.4 billion more shares needed at $0.0001 discount price.

[TickTalker]

Been holding over a year... Still holding STRONG... What kind of timeframe would you put on this move you are anticipating? I have been anticipating a move for many moons now... Just curious your idea for timelines and what makes you think this is happening?