0001004878-14-000186.txt : 20150304
0001004878-14-000186.hdr.sgml : 20150304
20140512195717
ACCESSION NUMBER: 0001004878-14-000186
CONFORMED SUBMISSION TYPE: CORRESP
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20140512
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Advanced Cannabis Solutions, Inc.
CENTRAL INDEX KEY: 0001477009
STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389]
IRS NUMBER: 208096131
STATE OF INCORPORATION: CO
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: CORRESP
BUSINESS ADDRESS:
STREET 1: 6565 EAST EVANS AVENUE
CITY: DENVER
STATE: CO
ZIP: 80224
BUSINESS PHONE: (719) 748-5603
MAIL ADDRESS:
STREET 1: 6565 EAST EVANS AVENUE
CITY: DENVER
STATE: CO
ZIP: 80224
FORMER COMPANY:
FORMER CONFORMED NAME: Promap Corp
DATE OF NAME CHANGE: 20091117
CORRESP
1
filename1.txt
HART & HART, LLC
ATTORNEYS AT LAW
1624 Washington Street
Denver, CO 80203
William T. Hart, P.C. ________ Email: harttrinen@aol.com
Will Hart Facsimile: (303) 839-5414
(303) 839-0061
May 12, 2014
Angie Kim
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
Re: Advanced Cannabis Solutions, Inc.
Registration Statement on Form S-1
Amendment No. 1
File No. 333-193890
This office represents Advanced Cannabis Solutions, Inc. (the "Company").
Amendment No. 1 to the Company's registration statement on Form S-1 has been
filed with the Commission. This letter provides the Company's responses to the
comments received from the staff by letter dated March 10, 2014. The paragraph
numbers in this letter correspond with the numbered paragraphs in the staff's
comment letter. The number under the "page number" column indicates the page
number in the Registration Statement where the response to the comment can be
found. A number preceded with the letter "F" indicates the page number of the
financial statements where the response to the comment can be found.
Page Number
1. The disclosure which is the subject of this comment has
been removed. 15
2. The disclosure required by Item 102 of Regulation S-K
is included in the "Business" section of the prospectus.
Item 509 of Regulation S-K is not applicable to this
registration statement. 11, 12
3. The disclosures which are the subject of this comment
have been revised. The requested source material is enclosed. 12
4. Comment complied with. 5
5. The amendment to the Company's registration statement has
new financial statements. The new financial statements do
not reflect any revenue. F-1
6. The disclosure which is the subject of this comment has
been expanded. The Company confirms that it has received
$500,000 in cash for the warrants sold to Full Circle. 9
Page Number
7. The disclosure which is the subject of this comment has
been expanded. 12
8. Comment complied with. 13-14
9. The requested restrictions and guidelines have been added.
The Company is a real estate company and does not engage
in any activities which are prohibited by federal law. As
a result, all tax challenges which may be faced by marijuana
growers and dispensaries will not pertain to the Company. 14
10. Comment complied with. 16-17
11. Comment complied with. 18
12. The financial statements have been updated. F-1
13. Counsel is not named in the registration statement and as
a result is not required to consent to being named. N/A
14. Comment complied with. Exhibit 5
If you should have any questions concerning the foregoing, please do not
hesitate to contact the undersigned.
Very Truly Yours,
HART & HART, LLC
/s/ William T. Hart
William T. Hart
WTH:ls