UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 71814 / March 27, 2014
The Securities and Exchange Commission ("Commission") announced the temporary
suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 ("Exchange Act"),
of trading in the securities of Advanced Cannabis Solutions, Inc. ("Advanced Cannabis") of
Colorado springs, Colorado, at 9:30 a.m. EDT on March 27, 2014, and terminating at 11:59 p.m.
EDT on April 9, 2014.
The Commission temporarily suspended trading in the securities of Advanced Cannabis due to a
lack of current and accurate information concerning the securities of Advanced Cannabis. There
are questions regarding whether certain undisclosed affiliates and shareholders of Advanced
Cannabis common stock engaged in an unlawful public distribution of securities. Advanced
Cannabis common stock is dually-quoted on the OTC Bulletin Board and OTC Link. This order
was entered pursuant to Section 12(k) of the Exchange Act.
The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they
should carefully consider the foregoing information along with all other currently available
information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the
Exchange Act, at the termination of the trading suspension, no quotation may be entered unless
and until they have strictly complied with all of the provisions of the rule. If any broker or dealer
has any questions as to whether or not it has complied with the rule, it should not enter any
quotation but immediately contact the staff in the Division of Trading and Markets, Office of
Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what is
required by Rule 15c2-11, it should refrain from entering quotations relating to Advanced
Cannabis securities until such time as it has familiarized itself with the rule and is certain that all
of its provisions have been met. If any broker or dealer enters any quotation which is in
violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker, dealer or other person has any information which may relate to this matter, they
should contact Ernesto G. Amparo or Anita B. Bandy of the Division of Enforcement at (202)
551-4712 and (202) 551-4746, respectively.
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