🟢 At a Glance:
David Tobias, CEO, Director, and 10%+ owner of Dogecoin Cash, Inc., just sold a total of 264,000 shares across two days — May 29 and May 30, 2025 — at prices ranging from $0.029 to $0.032 per share. Total value of the sale? Roughly $8,000. While this may not sound like much in dollar terms, the tiny float and illiquid nature of CBDS make any insider sale significant. Even more so when the seller still owns 31 million shares.
📊 Transaction Breakdown
| Date | Shares Sold | Price per Share | Total Value |
|---|---|---|---|
| May 29 | 64,000 | $0.032 | $2,048 |
| May 29 | 90,000 | $0.0315 | $2,835 |
| May 30 | 110,000 | $0.029 | $3,190 |
| Total | 264,000 | — | ~$8,073 |
That’s a 2-day dump of microcap stock at fractions of a dime — and yes, it was done in open market (code S = Sale).
🏢 What Is Dogecoin Cash, Inc.?
If you’ve never heard of this before, that’s not surprising.
- Ticker: CBDS
- Current Price: Less than your pani puri
- Sector: “Personal Services” (formerly Cannabis Sativa Inc.)
- Name Changes: Ultra Sun Corp → Cannabis Sativa → Dogecoin Cash (no connection to Dogecoin blockchain)
- HQ: Mesquite, Nevada
- Market Cap: Unclear, but likely sub-$10M territory
This company’s identity has changed more than your college roommate’s majors. It was a cannabis stock, then a rebrand with a crypto flavor, now… we’re not even sure.
🧾 CEO David Tobias — The Man With 31 Million Shares
Let’s be clear: Tobias isn’t running away.
- He still owns 31,194,958 shares after this sale.
- That’s an enormous insider holding, implying he controls the cap table.
But this also means:
- Even small sales could crash the price in such a low-float penny stock.
- Retail investors, often chasing meme names like “Dogecoin Cash,” might get stuck in the pump-dump cycle.
🔍 Why This Sale Matters (Even If It’s Only $8K)
| Concern | Implication |
|---|---|
| 🔻 Penny stock, illiquid | Any sale can create a price overhang |
| 🤐 No public explanation | No press release, no disclosure of need |
| 🧊 Insider selling while stock is cold | Could imply loss of near-term momentum |
| 🧼 Past identity changes | Cannabis → Crypto = 🚩 for long-term fundamentals |
Also, there’s no 10b5-1 trading plan disclosed, so this wasn’t “pre-scheduled” — this was discretionary selling.
That makes it even more interesting.
🧵 EduInvesting Take: This Is a Retail Trap Watchlist Candidate
We’re not saying Dogecoin Cash is a scam.
We’re just saying:
- The company has changed names multiple times
- It trades at meme-bait prices
- The CEO is selling micro-stakes in a low-float ticker
- There’s no operational update or clarity on business direction
This is exactly the kind of stock that becomes a Twitter penny pump one week, then collapses 70% the next.
So should you short it?
No.
Should you stay cautious and not get sucked into a “Dogecoin”-named meme?
Yes.
🔔 What to Watch Next
- Any new Form 4 showing larger insider sales
- Unusual spikes in volume + social media mentions
- OTC Markets filings for corporate updates or reverse splits
- Any movement in share structure (e.g., dilution or warrants)
If any of these triggers fire — we’ll be back with popcorn 🍿 and a red flag emoji 🚩.
✍️ Author: Prashant Marathe
📅 Date: June 3, 2025
🏷️ Tags: Dogecoin Cash Insider Selling, CBDS Stock News, David Tobias SEC Filing, OTC Penny Stock Alert, Form 4 June 2025, Meme Stock Red Flag, Microcap CEO Sale
