Hello fellow share holders,,
This post has nothing to do with this site it has only to do with a tax tip for those that are currently holding CBIS...Hello fellow share holders,,
This post has nothing to do with this site it has only to do with a tax tip for those that are currently holding CBIS shares at their brokerage accounts in a standard IRA account...
Seeing CBIS is currently worthless you are allowed to transfer your CBIS shares from your current standard IRA into a ROTH IRA , since the current value of these shares is zero that will be your tax liability by moving these shares into a ROTH IRA now you will avoid any tax in the future if this stock ever IPO's again in a ROTH IRA and transfering these shares now before trading on these begin again if ever is at most brokerages completely free to do ....
I'm not saying you should do this but it only took me less then an hour to do everything needed to accomplish this which if this ever trades again will end up saving me hopefully a great deal of taxes later on ....
Just remember when transfering these shares that you only transfer the shares and not your entire IRA account for those with a TD Ameritrade account this was extremely easy to do on your own , so good luck with whatever you decide to do here.....
Ron
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The ASU Digital Business HUB will be used as the main business student learning center. GBXI will be the main pivot point to spin out trading shares of all our Partner Public and Private Companies such as Cannabis Science, iCannabinoid, Thermic Science, LNC, LMG, and a few more old and new school surprises for our loyal shareholders. No one will be missed! A true Digital Business HUB for students, just as planned all along.
Each spinout company will give our GBXI registered shareholders additional pro-rata shares in each spinout company over and above their original shares in each entity. This provides the required shareholder base for each company required to trade and gives additional shares to all our loyal GBXI shareholders.
We call this “Compounding our Wealth” through extra spinout share participation for all our loyal GBXI shareholders. Each registered GBXI shareholder will receive additional shares of each spinout Company over and above their original shares to enjoy additional liquidity as each company begins to trade through the GBXI Digital Business HUB spinout process.
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The FINAL “CBIS GIFT Shares” Issuances!
DECEMBER 2024, Cheers! & HAPPY HOLIDAYS !!!
ALL GIFT Shares 1, 2, & 3 being ISSUED !!!
LAST Steps:
Please confirm Yours NOW !!!
1. CONFIRM Correct Total Share Amount(s)
2. CONFIRM Correct Name(s) on CERTIFICATE
3. CONFIRM Correct Mailing Address
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2025 Audit considerations NASDAQ.
Cannabis Science Inc.
Share Structure 2025
Par Value: $0.001 USD
Last Price: $0.00647 USD
OTC Markets.
Common Stock:
Authorized:
5,000,000,000
Issued:
2,839,095,296
Fully Diluted:
4,510,547,648
Class A Common Stock
Authorized:
100,000,000
Issued:
0
Class B Common Stock
Authorized:
1,500,000,000
Issued:
0
Preferred Stock
Authorized:
1,000,000
Issued:
1,000,000
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