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We’re still trading so that means Merida was the highest bidder in the bankruptcy proceedings and The common shares were not cancelled. Correct?
I’m mainly concerned about the bankruptcy proceedings that happened. Common shares were to be cancelled and Merida was screwing shareholders over. Looks like none of that materialized and we’re still trading.
Mighty quiet around here…. Somebody has to know something?
I’d imagine we will hear something after the 20th.
Hmm, thanks for the info. Those dates I posted are according to the 8k that was filed.
https://sec.report/Document/0001654954-21-003846/
Any qualified bid was supposed to be in by April 16, and the auction (if necessary) was to be held on April 21.
We’re still here....
Seems that way... I’m betting this auction and all the noise of canceling the commons is not going to happen.
Interesting start to the day here...
If you sell definitely because you already lost most of it...if you hold, there’s still hope.
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.
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.
What’s going on?
You would be assuming incorrectly. Grlb is not who they are referring to. The correct answer is VREOF
Looks like Grlb’s IRIE hemp is going out of business.
You don’t need to convince me of the value here. At these prices, if a buyout company wants it.... they don’t put a bid in. They buy it and you read about it the next day.
Agreed on Carlos. This isn’t my only play by far, it’s the one that interests me the most though. It’s a love/hate. I hate where we are and how quiet management is, but the quieter it is, the more I love it. If you invest in the ones everyone is talking about, you’re too late. I know I’m right on this stock, just early. Although it has proved me wrong over and over again.
Nothing we can say will ease your mind.. a lot of us are in the same boat, #metoo. I haven’t bought any new shares in months and won’t buy blindly just because of price or price action... 1mil shares on the bid is nothing at this price and IMO is someone looking to flip quick.
I’ll vote no. Nobody wants to talk about this stock from management to Merida.
Held up pretty good here. Some big board, big name stocks declined worse than this.
That’s how it feels holding GRLB... beat beat beat it back down
I like it.
Just search $cnbx
Seeing some chatter on Twitter from Tim Sykes about $cnbx. He front runs his army of day traders by buying in on a certain stock and then mentioning that he’s watching it to them. They buy and sell quickly so expect large pops in the mornings and sell offs EOD for about a week. Take profits
Healthy Small dip considering the run we just had. Uptrend still intact.
That is not her husband, it’s her son. Most here already know that but it’s nice to see someone doing some DD.
Lol... calm down. I don’t use robinhood. I hear the kiddos with their government stimies, their yolo money, and their emojis do. They like to buy and hold to the moon... Which is why I was curious if it was available to them.
Is this stock available to robinhooders?
Yes... flagging before the next leg up.
Grlb has Historically been late to the party... and there’s a party going on!
Yes sir... that afternoon dip got scooped right up
At least there’s some good volume here today... tick tock grlb.
Another big step up the ladder. Wait until public retail hears about cannabis and cancer treatment.
I wasn’t in on the big ride, I did catch the bounce after. Watched it and flipped a few times around $1, but I’m currently holding an average of .19 for this ride. The medical cannabis plays are really getting some attention and I do believe with the right news this stock can get back to ATH.
$CNBX - Cannabics Pharma posts positive interim results from RCC-33 cancer study in mice https://t.co/5mvj6cxxVv
— Seeking Alpha Market News (@MarketCurrents) February 3, 2021
Chart looks good... volume looks good... keep on going baby.
Amen to that!
People are looking for value in USA cannabis companies. I’m still hoping the time is coming for grlb but It’s hard to leave cash parked here with everything else popping off. The silence from grlb is disgusting and feels criminal.
I do believe adding THC to products when legally permitted is part of the plan.
Setting the stage for one hell of a PR soon? Just in time for major legalization news perhaps