Replies to post #21986 on Can B Corp (CANB)

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Accredited investors knew CANB applied to the Nasdaq in June when they gave CANB $4,000,000 at $.029 in late July

They were obviously confident in a positive outcome, and that includes a positive outcome of any R/S

$4M doesn’t grow on trees

Here’s the Nasdaq application announcement in June 2019:

Canbiola, Inc. (the “Company”) submitted an application to be listed on The Nasdaq Capital Market® on June 4, 2019. The Company intends to diligently pursue its application in order to have its securities listed on the Nasdaq Stock Market.

https://www.otcmarkets.com/filing/conv_pdf?id=13484913&guid=yRKSUW-VfXVyW3h


Here’s the $4,000,000 private placement at $.029 announced in late July (zero discount to market)

On July 31, 2019, Canbiola, Inc. (the “Company”) closed a private offering in which it sold a total of 135,748,275 shares of its common stock (the “Shares”) to various accredited investors at $0.029 per share, for gross proceeds totaling $3,936,700. All Shares were issued pursuant to Section 4(a)(2) of the Securities Act.

https://www.otcmarkets.com/filing/conv_pdf?id=13570451&guid=OKaSUWPupYSGLyh


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