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Thursday, September 17, 2015 1:20:42 PM
GROC: Merger Play Looks Good, Float:64,052,259
Issued number of shares: 207,520,259-120,000,000 cancelled shares=
87,520,259 shares o/s.
Float:64,052,259
87,520,259o/s-( 7,500,000-15,968,000) restricted until April 2016,
Cancelled
On May 12, 2015 The Company issued 120,000,000 restricted shares of the Company’s common stock to Aim International Associates Group pursuant to an international Business Development agreement.
Roofline Limited 40,000,000 shares 19.3%
Derry Partners Limited 40,000,000 shares 19.3%
Aim International Ltd. 40,000,000 shares 19.3%
Restricted shares
April 15, 2015 7,500,000 restricted shares of the Company’s common stock cannot be sold for a period of at least 1 year.
Restricted shares
May 5, 2015 15,968,000 restricted shares of the Company’s common stock cannot be sold for a period of at least 1 year.
Great Rock Development Corp (OTC: GROC) is pleased to announce the signing of a Letter of Intent to acquire an autonomous robotics company.
The target company brings a wealth of experience and knowledge to Great Rock as it is an established leader in the Automation Industry and has the technological reach to target several vertical markets.
The parties have been undergoing extensive due diligence and hope to finalize the transaction in the next few weeks. Both parties are operating under a non disclosure agreement until such time as the binding agreement is executed.
Further Stock cancellation
Strengthening our balance sheet and corporate structure further, Great Rock expects to cancel an additional 40,000,000 common shares in the next week. The cancellation will bring the issued and outstanding stock to less than 88,000,000 shares pre acquisition.
Great Rock Development Corp. (OTCPK: GROC) is pleased to announce the signing of an agreement to divest of one of its operating subsidiaries, Forest Bio- Products Inc.
Following the divestiture the company will emerge essentially debt free with over $1 million in liabilities retired. Great Rock will also rescind 80,000,000 common shares bringing the total issued and outstanding to under 128,000,000.
Commenting on the transaction, Great Rock Director Maria Gafter... "With Forest Bio's sales down in 2015 there will be little changed in the company's income and sales.
These moves will dramatically enhance the Company's balance sheet and improve shareholders equity."
The move allows management to focus more on efficiency and robotics solutions, a key market for the company.
Issued number of shares: 207,520,259-120,000,000 cancelled shares=
87,520,259 shares o/s.
Float:64,052,259
87,520,259o/s-( 7,500,000-15,968,000) restricted until April 2016,
Cancelled
On May 12, 2015 The Company issued 120,000,000 restricted shares of the Company’s common stock to Aim International Associates Group pursuant to an international Business Development agreement.
Roofline Limited 40,000,000 shares 19.3%
Derry Partners Limited 40,000,000 shares 19.3%
Aim International Ltd. 40,000,000 shares 19.3%
Restricted shares
April 15, 2015 7,500,000 restricted shares of the Company’s common stock cannot be sold for a period of at least 1 year.
Restricted shares
May 5, 2015 15,968,000 restricted shares of the Company’s common stock cannot be sold for a period of at least 1 year.
Great Rock Development Corp (OTC: GROC) is pleased to announce the signing of a Letter of Intent to acquire an autonomous robotics company.
The target company brings a wealth of experience and knowledge to Great Rock as it is an established leader in the Automation Industry and has the technological reach to target several vertical markets.
The parties have been undergoing extensive due diligence and hope to finalize the transaction in the next few weeks. Both parties are operating under a non disclosure agreement until such time as the binding agreement is executed.
Further Stock cancellation
Strengthening our balance sheet and corporate structure further, Great Rock expects to cancel an additional 40,000,000 common shares in the next week. The cancellation will bring the issued and outstanding stock to less than 88,000,000 shares pre acquisition.
Great Rock Development Corp. (OTCPK: GROC) is pleased to announce the signing of an agreement to divest of one of its operating subsidiaries, Forest Bio- Products Inc.
Following the divestiture the company will emerge essentially debt free with over $1 million in liabilities retired. Great Rock will also rescind 80,000,000 common shares bringing the total issued and outstanding to under 128,000,000.
Commenting on the transaction, Great Rock Director Maria Gafter... "With Forest Bio's sales down in 2015 there will be little changed in the company's income and sales.
These moves will dramatically enhance the Company's balance sheet and improve shareholders equity."
The move allows management to focus more on efficiency and robotics solutions, a key market for the company.
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