Robert Leslie Hymers III Sells 1,600,000 Shares of Marijuana Company Of America Inc (MCOA) Stock

Marijuana Company Of America Inc (NASDAQ:MCOA) CFO Robert Leslie Hymers III sold 1,600,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $0.03, for a total transaction of $48,000.00. Following the completion of the transaction, the chief financial officer now owns 96,219,045 shares of the company’s stock, valued at $2,886,571.35. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Robert Leslie Hymers III also recently made the following trade(s):

• On Thursday, August 17th, Robert Leslie Hymers III sold 1,942,630 shares of Marijuana Company Of America stock. The stock was sold at an average price of $0.03, for a total transaction of $58,278.90.
• On Tuesday, August 8th, Robert Leslie Hymers III sold 1,962,775 shares of Marijuana Company Of America stock. The stock was sold at an average price of $0.03, for a total transaction of $58,883.25.

Marijuana Company Of America Inc (MCOA) traded down 3.333% during midday trading on Friday, hitting $0.029. 2,382,845 shares of the stock traded hands. The stock’s 50-day moving average price is $0.03 and its 200 day moving average price is $0.04. The company’s market capitalization is $57.28 million. Marijuana Company Of America Inc has a 52 week high of $0.20.

Marijuana Company Of America Company Profile

Marijuana Company of America, Inc, formerly Converge Global, Inc, is a development-stage company. The Company is a cannabis marketing and distribution company that distributes medical cannabis products. The Company provides product sourcing, branding, payment, distribution and knowledge through an architecture structure to maintain customer loyalty and capture market share.