Greenlite Ventures Inc (GRNL)

[mrdrifter]

Tic toc

[ThirdSyte]

Getting closer.

[Value Catalyst]

Accumulation today on 11/21 hearing anticipation.

$GRNL

[itsthebox1]

1.4M Float! This one might be fun to watch

At $1, the market cap is only $7mil with an OS of 7.2m!

[itsthebox1]

Nice, that is the second Chaing one that sounds like its coming close to a merger here

[Value Catalyst]

Motion to Discharge Filed. 9/30... hearing on 11/21

[Value Catalyst]

volume, bid, and price moving up--$GRNL

little by little things keep heating up. long overdue here imo. GLTA

$GRNL

[No1Uknow]

yea and when the day comes when this becomes a dog pile on a rabbit we all get lucky...

buy early, sit and wait.. should ignite shortly

[Bountiful_Harvest]

Yeah, tell me about it. It took me an entire month of sitting on the bid to get some 8s. Can't really buy any amount of shares here without causing the SP to jump 300%.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=grnl&insttype=&freq=&show=

[No1Uknow]

The secret sauce...

Market Cap 923,094

Authorized Shares 10,000,000

Outstanding Shares 7,211,671 09/09/2019


Float 1,441,601 05/28/2019


Prime the pump now, wait for it to go boom, and it is gonna go boom.

[mrdrifter]

I’m shocked we haven’t heard any updates recently.

[Value Catalyst]

Nice.

[mrdrifter]

https://www.reddit.com/r/pennystocks/comments/cn6uja/the_next_big_custodianship_play_imho_grnl/?utm_source=amp&utm_medium=&utm_content=post_body

[Value Catalyst]

Volume precludes news usually, you know the game. I’m holding until the fall—at least—so no rush for me.

$GRNL Long!

[$b_rich$]

Nice volume today...let's see some solid info come about ^^^^^

[Sloop JohnB]

holy volume today! And a nice bid!!

$grnl awaking from the slumber! wave3 is upon us!!

[Value Catalyst]

Should see a status report any day now! Patiently waiting $GRNL

[Sloop JohnB]

ss unchanged since Chaing took over:

7,211,671 (7/26/2019)
10,000,000

1,441,601 float


Unbelievable ss if you ask me. not to mention no debt on books. this is a ultra-clean shell that will see its day soon imho. buy now and you'll see! glta

[Sloop JohnB]

agree! especially now that chaing's other play $cn_hc is starting to get some attention lately...any news or court docs will send us. I smell dollar-land!

$GRNL

[No1Uknow]

Took a little nibble yesterday just to keep it on the watch list. I will have to agree that any kind of forward announcements and this one gets catapulted into the stratosphere..

Market Cap 786,000 07/25/2019
Shares Out 7,211,671 07/24/2019

[Femto99]

Exactly!

[Value Catalyst]

Check out the chart on DE_VM, Chiang’s other custodian/RM play from earlier this year...that reached a market cap of well over $14million at its peak, post reverse-merger announcement; with 51mil o/s.

$GRNL has 7.2mil O/S, and imho is a much much cleaner shell that is waay more appealing to a quality merging company...let’s say it does half as well as de_vm—that puts us at a dollar bud, Conservatively. I think it could and will blow de_vm out of the water honestly.

Keep in mind most—if not all—GRNL shareholders are here for the long term: after stop sign is removed and pink current status, & successful completion of reverse merger. DollarLand is indeed well within the realm of possibility. Richard Chiang terms himself as a reverse-merger specialist, and that is his job. Why would we expect anything less???
All IMHO. Glta!

$GRNL

[No1Uknow]

nah, there is no evidence of that at all.

[Doggo]

$GRNL has the potential to hit multiple dollars before the end of the year...

[Value Catalyst]

“500” trade. MM signal ‘gap the stock’
Things are heating up here for $GRNL indeed!

[Femto99]

Thanks! Holding patiently

[Sloop JohnB]

Status Report should appear any day now (3months after order was entered on 4/11), which will give us all the info on activities performed by Chiang while custodian and potentially close out at the same time. Things should start to heat up here very soon imho.
$grnl

[Value Catalyst]

Yes and roughy 1.1mil of those shares were restricted, and the newly created 4.7mil shares by custodian are also restricted for a period of at least 1 yr.
The float is locked in for the mid to long-term future. Any good news and we will Fly! All imho. Glta!

$GRNL Long

[Femto99]

This OS was extended by custodian for the reverse merger, the original OS before custodianship was less than 2.5m. This is is the best custodian shell on the market right now!

[Value Catalyst]

Application was Granted & Order was Entered on 4/11.
The Order states that the custodian will report back to the court 3 months after order was entered to provide status report on the actions taken by custodian...

3 months from April 11 puts us at 7/11...keep in mind the court's online portal often lags 3-5 business days to upload documents after they have been filed. I bet we get some positive new developments by next week at latest. And I don't expect any (bad) surprises--the company was definitely abandoned by prev management, had virtually no debt compared to other custodian plays (and that debt is past the 6 yr statute of limitations); custodian has already reinstated the corporation, paid all overdue/necessary fees to nvsos & TA...I'm excited for what the future holds for $GRNL. DollarLand is 100% possible imho when reverse merger is announced. Float is way too small, and OS not bad either:
7,211,671 O/S
1,441,601 Float
10,000,000 A/S

...$1.00 PPS puts us at a ~$7.2mil Market Cap--Chiang's first and only successful custodian->R/M was DE_VM, it reached a peak Market Cap of around $14mil, and now sits at $5.5mil even after all the hype & commotion. We could easily see a $2+ PPS with $GRNL. All IMHO. Do your own DD, and Glta!

$GRNL Long&Strong

[Golden Cross]

GRNL Daily Chart

[Femto99]

Termination should be next month!

[Femto99]

This can be a 10 bagger from here!

[Femto99]

This indeed is an undervalued shell undergoing RM process. I am holding every share until dollar land!

[Value Catalyst]

The smart investors are, hence why no one has really sold in any considerable volume since the custodianship app was filed...everyone appears to be patiently waiting for the big money come R/M time.
This shell is the best of Richard Chiang’s chest imho. If a quality buyer comes his way, this is likely to be the first to go.

I’m here for the long term. Know what you hold folks—Dollar Land!
$GRNL

[No1Uknow]

not every investor is savvy, nor can they wait the 6 to 12 months it takes to turn a shell into a play.... obviously the person that sold/bought 12 shares this morning has a little to learn.

[Value Catalyst]

I’m patiently waiting and happily holding $GRNL. Smart investors know what they hold, and anything under a year investment horizon-wise is A-OK in my book. This is such a clean shell, with such a great SS it’s the closest thing to sure fire as it gets imho. Glta!

$GRNL Long

[No1Uknow]

Some people just want a quick hit and others cannot sit on a R/M for the 6 months+++ it takes to complete a merger.

FINRA is always the hangup.

[Femto99]

I cannot believe people are selling at this level! R/M is closing up on this shell with best SS ever!

[$b_rich$]

SS updated on 6/5...looks really good:)

https://www.otcmarkets.com/stock/GRNL/security

[Value Catalyst]

Ditto! We got a great gang of experienced long-term investors who know what they hold. $GRNL will take us for a fun ride in the next few months. Float on lock & R/M news will send us to Dollarland.
All IMHO!

$GRNL Long

[Femto99]

Good to see you here!!!

[$Pistol Pete$]

$GRNL 3 Months Chart

[$Pistol Pete$]

$GRNL https://www.otcmarkets.com/stock/GRNL/security

[Value Catalyst]

After. Always after. Looks like we should be moving on up soon!
$GRNL

[eom7]

Do the merger 8k's usually come before or after termination?

[Value Catalyst]

This is Great. Any day now!!!
$GRNL Long!

[Femto99]

OS extended to 7m. A merger is coming! June 11th is the court day for termination!

[Value Catalyst]

$GRNL trading nice on the 8-k filing today. Big things in store for this R/M play (with super tiny float)--OS: 2.51mil; AS: 10mil, looking really to run!

[Sloop JohnB]

8-K filing out! New CEO: Richard Chiang. Company is finally alive again and prepping for a big time reverse merger.

https://www.otcmarkets.com/filing/html?id=13442258&guid=YOgyUqxrs0zHk3h