The penny stock alerts that everyone already knew were going to be issued on Cannabis-Rx Inc. (CANA) have finally made their way to inboxes. Working off of a multi-million dollar campaign which has all the makings of a hard mailer to be issued, CANA stock can finally stop wash trading and holding back the share price with fake asks and let traders willing to take a huge risk indulge on their pipe dreams of finding the next 10-bagger. After Advanced Cannabis Solutions, Inc. (CANN) and Growlife, Inc. (PHOT) were suspended, looking towards what “lies” ahead is as simple as packing a bong for this marijuana stock.
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CANA Stock Quote
Market Cap: 169.40M
Last: 0.96 ▼ -0.14 (-12.73%)
Dollar Volume: $693,737
Issued and Outstanding: 156,000,000
Miramar Investors Inc.: 124,300,000
14-Day Rel Strength: 59.18%
1st Resistance Point: 1.09
1st Support Level: 0.89
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By now, everyone and their mother is aware that the awareness program for Cannabis-Rx is in full swing. If by some chance you haven’t been pushed towards the MicroCap Marketplace landing page generously supplied by BillionaireStocks, then perhaps the spamming of “(CANA) Is My New Pick – Open Immediately” by David Cohen and his Research Driven Investor group of sites surely would have sent you a dozen alerts by now.
Everyone who is planning to buy shares of CANA stock or already has should know that the 124,300,000 shares Miramar Investors Inc. owns cost them 0.000009 per share. Yeah, managed by Manuel F. Fernandez of Miami (not the Manny Fernandez who was the bald linebacker for the undefeated Dolphins in 1972), Miramar Investors, on June 25, 2013, scored 1,130,000 shares of then LONR stock from the former CEO, Kent Ausburn, for $1,130. After the 110-for-1 split, those 1,130,000 shares became 124,300,000.
Along with that as a clear sign some major dumpage could come at any time, lest we not miss the anonymous $8,100,000 of convertible note payables that are listed on the liabilities section of the recently filed 10-K. Not knowing how many shares those convertible notes can be exchanged for, the perception that the float of CANA stock is under 30,000,000 will prove to be a costly error in judgement for those who eventually get stuck holding bags of CANA to go along with their The Alkaline Water Company Inc. (WTER).
The concept behind Cannabis-Rx is a brilliant one which Advanced Cannabis Solutions, Inc. (CANN), Zoned Properties Inc. (ZDPY) and MediSwipe, Inc. (MWIP) have all adopted: leasing land and facilities to those who are going to be growing medical marijuana. While CANN stock had a huge run with it’s small float prior to being suspended by the SEC last month, ZDPY stock saw a similar run with its small float while MWIP stock missed out even though they probably have the best chance of the real leasing of property actually happening.
CANA stock, pumped on the same premise, has the properties already on their books thanks to sole director Llorn Kylo as we mentioned when we first covered Cannabis-Rx. Unfortunately, those properties are in 2 states that will likely be the last to agree to allow for legalization and/or allow for the zoning laws to permit medical marijuana growers to cultivate in their states.
Basically, as bullshitish the landing page for CANA stock is, so is the business plan and it’s promises. Players partaking in the last great weed stock to hit the OTC markets before the much needed foot stomping of the SEC comes down should be well aware of the risks, players and eventual group-bullying of the short-sellers who are going to take CANA stock down to it’s knees and make it suck all the baggers into paying for a very hard learned lesson like they did to the #wolfpack.
About CANA Stock
Cannabis-Rx Inc. is a new start up real estate focused company looking to lease growing space and related facilities to licensed marijuana growers and dispensary owners for their operations.
Click here to view the SEC filings for CANA.
Click here to view the website for Cannabis Rx.
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The CANA stock campaign is officially on. Remember that proper prior planning prevents piss poor performing penny stocks, so plan your trade and trade your plan if CANA is on your radar.
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