Replies to post #83407 on North American Cannabis Holdings Inc (USMJ)

[WebSlinger]

<< I just don't see how this will go .01 or better with current OS. >>

A triple-zero stock NEEDS billions of shares in the O/S to have liquidity.

If a .0001 stock only had 100 million shares, then someone could buy the entire float for about $10,000. If it had 1 billion shares, then $100,000 could buy the entire float.

So 20 or 30 or 50 billion shares isn't that much for a triple-zero stock.

Also, you might want to compare USMJ to HCMC or SAFS. HCMC went from .0001 to .0045, and they have almost 200 billion shares in the O/S.