Replies to post #8689 on American Cannabis Company Inc (AMMJ)

[HokieHead]

We have appointed our stock transfer agent, Pacific Stock Transfer, to act as exchange agent for holders of common stock in connection with the Reverse Split. You may contact the exchange agent at 702-361-3033. The principal effect of the Reverse Split will be to decrease the number of outstanding shares of our Common Stock from approximately 2,448,665,750 shares to approximately 2,600,000 shares, based on the number of shares outstanding on April 2, 2013. As of April 2, 2013, we had approximately 491 holders of record of our Common Stock (although we had significantly more beneficial holders.

The Merger Agreement provided that after the Closing Date, the Company will effectuate a name change and a reverse split at a ratio of 8,484 to one, and subsequently convert all issued and outstanding Series G Convertible Preferred Stock to Company common stock at a ratio of one to ten. Pursuant to the conversion ratios in the Merger Agreement, after the reverse merger and conversion of Series G Convertible Preferred Stock to common stock, the former Brazil Interactive Media Shareholders will hold approximately 93.5% of the issued and outstanding Common Stock of the Company and the remaining 6.5% will be owned by the Company's pre-merger shareholders.

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