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the watcher knowes

06/24/10 1:39 PM

#3809 RE: DouglasJH #3792

On the other hand, the focus of CBIS has been consistently focused on development of medicine that can affect millions.



Um, you know CBIS doesn't even have a laboratory? Call and ask to take a tour of it. How can they be "developing" things with out equipment? Where are they doing this work? Their basements? The back alley? I don't know, but it sets up red flags for me. Their CEO is still working out of his office at the university of Colorado. What kind of company doesn't even have a office? All of their talk about developing strains and products is BS. It is all conceptual; no data, no manufacturing, no staff, nothing. Not even a prototype. How can you file an IND without data? The answer is you can't. Some of their press releases are probably criminal. They have nothing but the board of directors pulling down nice salaries. IMO, they are going down guys. They have nothing, and all the recent news about "agreements" (read as "we gave a couple dispensaries some of our worthless stock") with other dispensaries and grow operations sound good to the uniformed investor, but if you work in the industry you would realize these guys are amateurs with a semi-good website and a decent PR department pretending to be a corporation. They are all smoke and mirrors from the ground up. Ask around. I would not be surprised if they are delisted in the next 90 days.


Wake up people.