Replies to post #44690 on Marijuana Inc (MAJI)

[e-ore]

I don't believe 4(a)(1) exemption would hold up because the holder has to sign off on this:

"the resale purchaser should make investment representations similar to those originally required by the issuer company and, in particular, that the purchaser is purchasing for investment and not with the intent to engage in a resale or distribution."

http://securities-law-blog.com/2015/06/23/section-4a1-4a1½-exemption-recommendations-amendment-rule-144-related-shell-companies/

Of course one could say one thing then do another

[Not_on_the_rug]

Ross has owned most of those shares since just after he and Don pumped and dumped this back in 2011/2012.

He had the good sense to accumulate 25 million shares after the dump, and mothball this thing.

Weird that GRNFAQ.com doesn't mention Ross at all, and he owns almost 10% of the company.

[All-In-Nodge]

sure above 4 dollars