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AMMJ Target 5.00 (Very high net profit margins+growth) #MJ

OTC:AMMJ   AMERICAN CANNABIS CO
Quarterly Semi-Annual Annual
(Values in 000s | USD)

Period Ending Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016
Total Revenue 990 952 617 339
Cost of Revenue 163 133 146 106
Gross Profit 826 819 470 233
Operating Expenses

Research and Development 63 0 0 0
Sales, General and Admin. 435 478 679 413
Non-Recurring Items - - - -
Other - - - -
Operating Income 317 329 (214) (189)
Income From Continuing Operations

Add'l Income/Expense Items - - 8 (40)
Earnings Before Interest and Tax 317 329 (214) (189)
Interest Expense - - 0 -
Earnings Before Tax 317 329 (206) (235)
Income Tax - 0 0 -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 317 329 (206) (235)
Non Recurring Events

Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 317 329 (206) (235)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 317 329 (206) (235)

Assets

Current Assets

Cash and Cash Equivalents 1,877 1,675 1,663 751
Short Term Investments - - - -
Net Receivables 404 193 117 164
Inventory 30 25 28 42
Other Current Assets 14 17 19 9
Total Current Assets 2,326 1,912 1,828 967
Long Term Investments - - - -
Property Plant and Equipment 12 8 10 11
Goodwill - - - -
Intangible Assets - - - -
Accumulated Amortization - - - -
Other Assets 4 4 59 4
Deferred Long Term Asset Charges - - - -
Total Assets 2,344 1,925 1,898 983
Liabilities

Current Liabilities
Accounts Payable 34 130 228 92
Short Term and Current Long Term Debt - - - 0
Other Current Liabilities 57 12 434 222
Total Current Liabilities 92 142 663 329
Long Term Debt - - - -
Other Liabilities - - - -
Deferred Long Term Liability Charges - - - -
Minority Interest - - - -
Negative Goodwill - - - -
Total Liabilities 92 142 663 329
Stockholders' Equity

Misc. Stock Options Warrants - - - -
Redeemable Preferred Stock - - - -
Preferred Stock 0 0 - 0
Common Stock 0 0 0 0
Retained Earnings (4,235) (4,611) (4,940) (4,734)
Treasury Stock - - - -
Capital Surplus 6,486 6,393 6,176 5,389
Other Stockholder Equity - - - -
Total Stockholder Equity 2,251 1,783 1,235 654
Net Tangible Assets 2,251 1,783 1,235 654
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