GB Sciences Inc (GBLX)

[jefra1965]

I like your note very much and fully agree with it. But I believe most traders must be gone by now. Only the smart ones are left, waiting for the Bull to get tired.

47.2 M shares were traded in the past 7 days (6.745 M average) and thats about half the float.

"SECURITY OWNERSHIP OF EXECUTIVE OFFICERS AND DIRECTORS AND CERTAIN BENEFICIAL OWNERS
The following table shows information regarding the beneficial ownership of our common stock by each named executive officer, director and director nominee, by certain beneficial owners and by the executive officers and directors as a group. Percentage ownership is based on 127,746,691 shares of common stock outstanding as of July 20, 2017.
Directors and officers as a group (five) persons 4,444,890 3.50%

5% Holders:
Lawrence D. Ordower 12,332,700 (7) 9.65%
Craig Ellins 10,811,000 (2) 8.46%
David Ruggieri 8,762,000 (8) 6.86%
Victoria Ruggieri 7,329,333 (10) 5.74% "

Total 5% Owners = 39.24M or 30.7%

The float as of July 2017 was 84.1 M

With most traders out of the way the price can climb another 10 to 20% before Christmas.