Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I didn’t listen to anyone, and that 90 k don’t mean shit to me. I just call people’s character the way I see it. And those who go around and say I told you so, is a display of their ignorance. Pretty sad actually...
I’ll agree on the being wrong about this play but those Numbers down on paper until they stopped being posted were correct
Merida 8M 1st bought with the Insiders there of Merida and that saw .7985 was a dump of them
Cowan and Perry too with Cowan about 40M to 8M of Perry
What a waste — DD is each to his own and and always gave a JMO
I’ve been here for over 2 years because I had faith in the company. At the end of the day I’m responsible for my own decisions & do my own DD. We can’t go around blaming others for our own actions. JMHO
aw man.. I'm starting to think Merida is the Richard Gere in Pretty woman and we just got fired, broken up, sold off and they're trying to keep the Mexican scraps for their own companies.. I was wondering w/a few on the board .. did they have the ability to change that status of their shares from common to another type which won't be effected ? Carlos seems to be doing alright in a private business and his brother was paid well.. God bless 'em.
I received my BANKRUPTCY notice yesterday. I had 525000 shares, and I lost my shirt. Getting out at .01 beats nothing. As you can see I had high hopes for GRLB. Hind sight says I should have gotten out on the way down from .79. I thought Medera who was in at .18 would be our savior. O well....
If you really feel lucky...ride it out. I couldn’t.
He removed his message that POS . You called him out on all his lies
I received in the mail today, as a shareholder of GRLB myself, a copy of the chapter 11 filing out of Texas.
Got nothing left to lose on this pile of **** company, so I'll hold @ the whopping .01 mark and see what happens. LOL
Seems that way... I’m betting this auction and all the noise of canceling the commons is not going to happen.
Def foolish not to jump in the D8 train for this business. They’re gonna drown over the ones that are being innovative and finding those loopholes and using to their advantage. They need to stop messing around and changing their name and find away out of this hole they they’re in and filed bankruptcy for. D8 could be the answer to make that happen short term.
Why did today over 1 million buys at over .01 when all of the common shares are going to be cancelled? Do they know something that we don’t??
Blah, blah, blah. Yep. Lets deflect from what you actually did. Should we go to the tape? LMAO. Don't bother responding you ain't worth the time.
Thanks, couldn't have said it better myself
Miserable humans are the ones who tell people to buy as they're selling. Sound familiar? It should, you did it for almost a year and he should get a grip? Wow.
Feel sorry for the people that listened to la from .51 down
funny how the morantzzs show up when it's beat down.
bottom feeders looking for the peanut tick flip lmao.
It's a pure gamble.
Previously GL Brands, Inc. (the “Company”) filed a Bankruptcy Plan of Reorganization under which the Company’s incumbent shares would all be canceled, the incumbent shareholders would lose all interest in the Company and new equity would be issued in the reorganized Company in exchange for cash payments to the Company approved by the Court through the Plan of Reorganization.
since you know so much tell us why there are buys of 100,000 up to 1 million shares mr. expert
Ask la trader, he is the resident expert. LOL!!
ok I'm dumb I've never invested in the stock market before never even read about it just had 5,000 and seen the head lines say this stock should go up to $2 what a joke. So is this a total loss for me or is there still a slim chance for a come back. Can anyone give me some free opinion on GRYCF. tHANKS
Told ya'll 6 months ago or more Merida is as shady as they come but nooooo, the pro here said Merida is upstanding, Crème of the crop investors, for months on end. Lol. I told ya'll time and time again Merida wasn't here to make you money, they were here to make them money. GRWG is their baby. Greenlane (GNLN) just bought Kushco (KSHB) both invested in by Merida. Merida gets the foot in the door and then gets control and guts what they don't need from lessor companies like FRLF. That's how they roll. My guess is GRLB will eventually be brought into Greenlane for pennies on the dollar and GRLB will cease to be.
My how quickly tunes change here. Good luck folks. You should have listened to someone other than the two shysters' who fed you daily BS for a year.
LMAO a 1.3m bid??? crooks. Then I bet 10-to-1 they have a multi-million sale deal on the mexico license lined up with someone. they sure as F are not going to spend 1.3m without a 3x-5x ROI on that.
think about it- the company is still producing revenue more than likely (I would be hella surprised if not) -Merida could simply restructure debt, Carlos could fight to protect company / shareholders and Merida gets paid long term. Remember, GRLB is in CH11 with protections. This is a forced-sale setup IMO 'Gordon Gecko' style, and Carlos would have to be in on it.
Blue Horseshoe loves $GRLB
if Merida is set up as the stalking horse bidder- then you can damn well determine it was Merida that orchestrated the downfall present situation. one would have to pre-plan for that type of complex situation well in advance -and- they would not do it unless there were some type of after-the-fact payday involved. JMO of course.
If that's true it would be VERY bullish. We've seen what those two fine gents can do. Talent + smarts.
JMO, Merida is the only outfit with smarts to orchestrate this fiasco. Carlos sure as heck does not have this level of pubco sophistication, as we've seen demonstrated since he took over. The guy's pretty much a moron when it comes to real business and that's something Merida likely took advantage of.
More than likely, all "JMO FWIW" - Merida likely has a back-door deal to sell the mexico pipeline license and pocket the cash, scrap rest of company, Carlos gets a kickback- That license deal is the only "asset" worth a lot of money AFAIK, think about it. So if this is the case, Merida / Carlos are also screwing all the employees, subsidiaries, etc for a shady payday. IMO Merida is not going to lose all the millions they invested, and Carlos is not going to walk away without some type of payday given he will be losing millions of common share stock- They going to make it back somewhere and just F everyone else.
That's the OTC for ya- sometimes the swamp rat crooks are not greedy in the right way.
Boy doesn't everyone miss Cliff and Ray now- and some of you were bitching about them.. lmao. Those guys were the real deal.
It ain't over till it's over so let's see if bottom of the 9th somehow someone helps hit a homer and turn this turd around.
looks like possible short or naked share covering. dried up right after.
If you sell definitely because you already lost most of it...if you hold, there’s still hope.
So I don't have a lot of money but I sunk 5,000 when this was at .14 am I screwed?
I’ve held this long and I’m holding mostly house money. I can afford to ride this one out. Doesn’t look like a stock about to go to $0 IMO. I’ll hold till this gets worked out.
I thought Merida was our security blanket, looks like they are a bunch of crooks as well.
Merida will not be the only bid because ray and cliff will be bidding to try and oust merida from a hostile takeover . Merida wants to sell off assets and incorporate the mexico deal into there portfolio, If ray and cliff win shareholders will have a chance, this is not the first rodeo merida has done this, thats why they put carlos in charge because they knew he was lost,but they dont care as long as they have the mexico deal, sell whatever u can and good luck
..for sure.. I'm out.. but just read this on another board.. or is this a Company we sold CBD to.. ? .. I left the .79's on the table in oct19 but took the .33's earlier from my .05's so I walk away w/less regret.. ugh!!
Is Green Lotus coming out of bankruptcy? New store locations in the California Bay Area. Looks like they are still in the game. https://www.facebook.com/greenlotushemp
If no other qualified bids(other than the stalking horse bid from merida) are received by the bid deadline, the debtors shall cancel the auction.
That’s a dick move
It looks like our goose may be cooked.
Thanks, but I just found in on my own.
Previously GL Brands, Inc. (the ?Company?) filed a Bankruptcy Plan of Reorganization under which the Company?s incumbent shares would all be canceled, the incumbent shareholders would lose all interest in the Company and new equity would be issued in the reorganized Company in exchange for cash payments to the Company approved by the Court through the Plan of Reorganization.
As part of the Court?s consideration of such plan of reorganization, on March 31, 2021, the Bankruptcy Court for the N.D. Texas, Fort Worth Division issued an order to allow the Company to hold an auction for the sale of its to-be-issued new equity interests of the reorganized Company. Upon and subject to the Court?s final acceptance of the Plan of Reorganization, the successful auction bidder will own one hundred percent (100%) of the Company?s equity interest.
The Court?s order approves bidding procedures and a stalking horse bid from Merida Capital Partners III, LP, Merida Capital Partners QP, LP and certain of their affiliates. The stalking horse bid has a bid value of $1,314,019 and a $25,000 breakup fee. The bidding procedures require that all bids other than the stalking horse bid have values greater than the stalking horse bid to be submitted by April 16, 2021 along with a $125,000 deposit. The full bidding procedures are stated in the Court?s order.
Previously GL Brands, Inc. (the "Company") filed a Bankruptcy Plan of Reorganization under which the Company's incumbent shares would all be canceled, the incumbent shareholders would lose all interest in the Company and new equity would be issued in the reorganized Company in exchange for cash payments to the Company approved by the Court through the Plan of Reorganization.
Where is the link to your information. I have seen nothing about the news that you present. Just wondering...
auction for the sale of its to-be-issued new equity interests of the reorganized Company
current commons all worthless
The Merida shares are commons.. no ?
no! commons will be canceled! new shares to be issued! be careful!
What in the hell? This thing can moveee with volume
LA what's up??? .0239 and over 8 million trades before noon. Is there some news that I missed?
It also happened when some pumper was on here telling people it was going to $2-$3. Bottom line is ...everyone needs to do their own DD. Definitely don’t listen to anyone on these boards including myself.
...caught that.. I was focused on the "We don't just invest in cos, we build them." part.. ~ (et al.) ~
You would be assuming incorrectly. Grlb is not who they are referring to. The correct answer is VREOF
$GRLB mmmh ??? Chop Chop !!! ..assuming we're the et al.
Merida Capital Holdings
@MeridaCap
Cannabis-focused PE Fund w/ 57 portcos. We don't just invest in cos, we build them. $MCMJ $GRWG $SHGFF $CRLBF $VREOF $JUSHF et al.
Followers
|
204
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
29669
|
Created
|
08/06/15
|
Type
|
Free
|
Moderators |
About GL Brands Inc.:
GL Brands is a multinational hemp consumer packaged goods company that creates authentic, enduring and culturally relevant brands engaged in the development and sale of cannabis-derived wellness products. Through its premier brands Green Lotus™ and IrieCBD, GL Brands delivers a full portfolio of hemp and hemp-derived CBD products, including tinctures, softgels, gummies, capsules, sparkling beverages, vapes, flower and topical segments to promote greater wellness and balance, in the U.S. and throughout the world. For more information, please visit https://www.glbrands.com.
JANUARY 2019: NICE WRITE UP FROM MICROCAP DAILY ON FREEDOM LEAF AS A GREAT GROWTH INVESTMENT: https://www.microcapdaily.com/22950-2the-inside-scoop-on-freedom-leaf-inc-otcmkts-frlf/122950/
JANUARY 2019: Pura Naturals and Freedom Leaf Reach Strategic Alliance Agreement for CBD Health and Beauty Products: https://www.prnewswire.com/news-releases/pura-naturals-and-freedom-leaf-reach-strategic-alliance-agreement-for-cbd-health-and-beauty-products-300772047.html
JANUARY 2019: Freedom Leaf, Inc. Appoints David Vautrin, VP of Sales of Origin House, to Board of Directors: https://globenewswire.com/news-release/2019/01/09/1682854/0/en/Freedom-Leaf-Inc-Appoints-David-Vautrin-VP-of-Sales-of-Origin-House-to-Board-of-Directors.html
NOVEMBER 2018: Merida Capital Senior Partner Named Freedom Leaf Board Chairman; New CFO Named and Announcement of Accuvape Acquisition: https://globenewswire.com/news-release/2018/11/28/1658480/0/en/Merida-Capital-Senior-Partner-Named-Freedom-Leaf-Board-Chairman-New-CFO-Named-and-Announcement-of-Accuvape-Acquisition.html
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |