Replies to post #1535 on Cannabiz Mobile Inc. (LGBI)

[TechGuru]

I agree with you 100% Seanac. The "typo" remarks are indredibly absurd. If you look at the statement of stockholders equity on the Q4 financials, it shows 3.9 billion shares as outstanding instead of 200 million. Apparently, this is another "typo" error. How can they be so sloppy with their financial reporting?

[dalinxz]

I agree with Seanac28 and I-Man they are completely right, I have a feeling that he realized his wrongdoing and knows he's been caught red-handed so all of a sudden he's taking steps to answer a few questions to say that he was keeping his investors informed. I have the same feeling a reverse split again to justify to the merger to only further dillute the company.

just something to ponder they had numerous press releases stating sales in the millions furthermore the months after only declared that sales were doubled if not trippled from what I recall they had a $1 million dollar day or some absurd amount, something which would be crazy especially for a company of their size to handle, even mid-size corps dream of such sales days.

so all of these sales where did they go, how can they not be making a profit, when Dunkin Donuts or Tim Hortons can make such a vast sum of money with all of their operating costs by selling $2 confections.