Replies to post #39358 on Marijuana Company of America Inc (MCOA)

[Mazuur]

So according to Article II, Share Exchange

"Section 2.1 Share Exchange. Upon the terms and subject to the conditions of this Agreement, MCOA agrees to issue and sell to CBGL, the Shares, and in exchange therefor at the Share Exchange Closing, CBGL shall issue to MCOA the Exchange Shares."

Seeing how the stock price is sitting around 0.001, that means MCOA will be issuing on the order of 650 million shares! So, soon, very soon, they'll have ~2.6 BILLION shares OS.

And you think there is a chance in hell the stock price is going to go up? It will soon be even lower with the additional massive dilution. And you consider that good news?