Boston, MA 03/18/2014 (wallstreetpr) – Cannabis Science Inc (OTCMKTS:CBIS) shares are descending in the current session. The shares were trending down 6.62 percent to $0.191 at 10:30 am EDT. The stock has been up and down without notice in the past several sessions. The spectacular jump on March 11, came on the back of good news that the company had attracted a world respected media and online as an investor in its private placement. Yet, it seems the excitement which came with the news of Weedsmaps Media Inc investing in CBIS was short-lived. Although shares of Cannabis Science Inc (OTCMKTS:CBIS) are currently trending down, the company is on the verge of attaining significant financial muscle through private placement and this should help in fueling its expansion, thus boosting revenue and even profits.
Embarr Downs Inc (OTCMKTS:EMBR) has announced that it will be in attendance at Ocala, Florida, at the OBS Sales of 2-year olds in training. EMBR expects that it will be able to boost its acquisition list by 3 more thoroughbreds during the auction. The auction is expected to contain 1,200 thoroughbreds. According to the CEO Joseph Wade, the company is excited to be part of the OBS auction. He said the auction would form an important step for the company to continue its building of a staple of thoroughbreds which can participate in stakes races. Embarr Downs Inc (OTCMKTS:EMBR) said its trainer and management will be at the OBS auction event between April 20 – 25. The company also recently boasted about its funding strategy saying that it will be able to make acquisition without diluting its shares.
AvWorks Aviation Corp (OTCMKTS:SPLI) is climbing nicely in the current session. Shares were up 20.94 percent to $0.283 by 11 am. That came on the back of solid volume. The company’s ongoing remodeling to benefit from the liberalized cannabis market is seen as a source of excitement in the stock. But even as the stock of AvWorks Aviation Corp (OTCMKTS:SPLI) retains its ascent, investors should do due diligence before staking a long position, lest stock promotion turn things on their head.
