InvestorsHub Logo

FatFreddysCat

12/10/13 10:11 AM

#33439 RE: new_beginnings #33436

I hear you. I sold mine today too. The PR on 10/1 announcing cannabis.org polevaulted the stock 50%. Now they can't even keep the site up. I think I'll watch from the sidelines for a bit.

neverenough44

12/10/13 10:12 AM

#33440 RE: new_beginnings #33436

They don't even own the cannabis.org domain name. They are "renting" it from another party in exchange for shares.


On January 3, 2013, the company issued 333,333 shares of its common stock to Zcapital, Inc. in relation to the Company’s licensing agreement to use Zcapital’s website Cannabis.org. The shares were issued on a non-cash basis.

I wonder how many shares they are going to have to give them this January?