Replies to post #12542 on North American Cannabis Holdings Inc (USMJ)

[poster44ny]

samiamla: I went by PV said the Noteholders would likely agree to. He said 1/2 the $3m debt. he could do this because if they forced a Ch7 BK they would only get the assets of $500k.

Since the last issued of 900m, which must be what the NH have now.

$1.5m of AIGI shares=272k shares.

900m/CR= 272k CR=3300

This CR also allows only $2m worth of shares for NVAE. Well under an IPO cost of $5m they would pay for a standard IPO of a $55m offering.