Replies to post #22758 on North American Cannabis Holdings Inc (USMJ)

[jimtash]

10. GOING IN REVERSE
Shortly after a campaign of press release and stock promotions, the company will announce a reverse split of its stock. In spite of whatever reasoning is proffered , the real reason to reverse split the stock is eliminate the new shareholders and set up for the next pump and dump campaign.

http://www.pumpsanddumps.com/p/its-pump-dump.html

Sound familiar? Why would they eliminate current shareholders by taking their shares away?

[deri21]

Exactly FINRA has cracked down hard and they will be watching for any rinse and repeat action.. I am still on the sidelines as of now but this on my watch list on share structure alone.