Replies to post #10962 on CV Sciences Inc (CVSI)

[captainjonesthe3rd]

not sure; my gut tells me they need an investment bank to handle it for them and they would also issue shares to the investment bank and exchange get money to fund clinical trials and build the pharmaceutical side. without that deal with an investment bank i dont see the reverse split happen and that is bad news. they have 6 months or they will need to vote on whether to allow again.

[sillylung]

Share Structure
Market Value1 $27,153,770 a/o Dec 13, 2017
Authorized Shares 190,000,000 a/o Jul 10, 2017
Outstanding Shares 90,512,565 a/o Nov 07, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 20,890,348 a/o Jul 10, 2017
Par Value 0.0001
Transfer Agent(s)

http://www.otcmarkets.com/stock/CVSI/profile

[sillylung]

https://globenewswire.com/news-release/2017/12/05/1229131/0/en/CV-Sciences-Inc-Repays-Installment-Obligation-on-Convertible-Debt.html

Why would they do an R/S if they are doing this?


You are very confused with another ticker.