InvestorsHub Logo
icon url

Art Vandeley

02/14/13 9:17 PM

#95070 RE: Vmax1 #95069

It is just a matter of when based on this company's history.

AUTHORIZED SHARES
Common Class B
850,000,000
Common Class A
100,000,000
Preferred
1,000,000

SHARES OUTSTANDING
Common, Class B
29,744,774 a/o Dec 32, 2009
101,170,574 a/o Dec 31, 2010
305,820,574 a/o Dec, 31 2011
602,170,573 a/o May 21, 2012
691,770,573 a/o Aug 13, 2012
699,290,000 a/o Nov 8, 2012
714,540,573 a/o Nov 19, 2012
704,290,573 a/o Dec/17/2012
Common, Class A
0
Preferred
999,999

and correction

there are 100 million class A common shares convertible to the class B commons that are traded under the symbol CBIS at a ratio of 30 to one. They can be converted to 30 BILLION common shares at any time and sold into the open market.

I wonder why they haven't been distributed yet like they were promised to be for a dividend way back in 2010?