Replies to post #2050 on Cannabis Global Inc (CBGL)

[cntryjo]

From this mornings 14 file. Yes they are doing an R/S and re-raising the A/S back up for additional dilution. Actually adding 10 million


•an amendment to the Company’s Certificate of Incorporation (the “Certificate of Amendment”) to: (i) approve a reverse stock split of the Company’s outstanding Common Stock at a ratio of 1-for-15; (ii) decrease the Company’s authorized Common Stock from 290,000,000 shares, par value $0.0001 to 19,333,333 shares, par value $0.0015; and, (iii) a corresponding amendment to the Company’s Certificate of Incorporation, after the reverse stock split, to increase the Company’s authorized shares to 300,000,000 shares, consisting of 290,000,000 shares of Common Stock, $0.0001 par value. The Company’s 10,000,000 shares of authorized but undesignated Preferred Stock, $0.0001 par value, is not affected by this Certificate of Amendment.

[ANTI-BAGHOLDER]

Please read the filing. They are raising the AS after the split.