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Re: Shaark post# 3794

Thursday, 05/04/2017 9:55:47 AM

Thursday, May 04, 2017 9:55:47 AM

Post# of 8109
The way I was looking at it is that originally the company was a oil and gas exploration company with a different stock ticker. In 2008 or so they bought the technology of growblox and had the ticker changed to GBLX. (I think that is why we read about the 2 for 1 forward split in 1999.The Company that had GBLX was global Crossing and went under which freed up that ticker symbol and the SEC gave it to us) To get a new ticker or Name change the SEC makes the companies have all there shares straightened out. With the new company going toward growblox they did the 1st reverse split (1 for 50) at that time. Then when the scientists came along in 2014 they cleaned it up some more with the 2nd reverse split (1 for 10). I think the real mmj people are the scientists that came with the pharmaceutical company (that I think was a private company) They took over in 2014 and started making the decisions and that is why growblox got put on the back burner and moved to lozengers and creams for medical purposes. In which they need money to fund it so they got the license for cultivation and production. I think the 14mil difference in the O/S was done to help fund the build out. like you stated the float has not been up dated sense 2015. I like looking at the A/S number it tells the company can not go over that number with out coming to the shareholders. I maybe wrong and if I'm missing something please feel free to help me out.
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