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You ever heard of the boy who cried the sky is falling? Go $GCGX...
The first casualty in war is the plan, and same can be said for business... Things change and they definitely have, especially in this brand new cannabis industry...
The important thing here is the fact that Global now manufacturing and in full production mode. We have established a core business with our THC oil and first revenue stream. Soon, no doubt, we will add second revenue stream to our core and that would be CBD oil. And what we do with our Oils is next such as: distribution, edibles, beverages, and nutraceuticals and so much more. Right now we are concentrating on the core and expanding our brand, Indulge Oils. These are very exciting times and 2020 is going to be a banner year! Go $GCGX...
By the way, thanks for pointing out all of those press releases of wonderful things yet to come, NOW THAT WE ARE IN FULL PRODUCTION!!! GO $GCGX...
Well, my friend, tongue and cheek, you can't distribute to Tahoe if you can't produce THC oil or edibles Now can you? Furthermore you can't do any of the other items mentioned if California has delayed The opening of your business: licensing, permitting, the build out, and in so many other ways too. So, through no fault of their own, Global been delayed!
This is the market and a brand new industry: we have survived where so many others have failed and we will soon be thriving in the largest cannabis market in the world and right in the midst of a cannabis megatrend! Go $GCGX...
I know this for sure, a delay is not a lie, no matter how many times you say it, it is simply a yet to be fulfilled promise.... I know this also, people need hope in this time of uncertainty, and unless you can substantiate your claims people will not take kindly to destroying their hope! $GCGX...
It's simple, Matt is solely and completely focused right now on $GCGX... And when he has succeeded in getting Global Consortium across the finish line then Matt will get back to building TGGI and IPGK. FYI, I was in TGGI before BDCI and know all about it... GO Matt! Go $GCGX...
IGPK and TGGI are in the queue, NOT a pump and dump: $GCGX is in the here and now...
Folks, this is where the rubber hits the road; Are we going to be able to sell oil, especially in this environment, how much oil are we selling, and there's still a question about our percentage of those sales$ That said, I believe all these questions and many more will be answered in the next couple weeks! Lord it's hard to be patient when we are this close to a payday, and especially for those who haven't seen a payday for a while now! Go $GCGX...
Bring it, I'll pit my evidence against yours any day!!! Go $GCGX...
Thanks and you do the same.
Folks, this is going to be either really big or really bad. With all the evidence and information we have, there just can't possibly be anything in between: so many companies involved, business owners, private money, licenses, buildings, buyers and sellers; you just can't scam that many people and pull it off right in the front of God, the SEC, FINRA, the public and City officials, and everybody else involved across 16 States or more without being exposed...
So, this is either going to be exactly as Matt has said: the biggest cannabis monster gobbling up more than its share of cannabis revenue right in the middle of a Cannabis Megatrend likely bigger than anything seen to date; estimated worldwide to be worth over a trillion dollars in the coming years. Or, we have to believe that Matt has put his reputation and Tom's reputation and their future in this business or any other business on the line for one very bad lie after another. Come on now, nobody risks that much and works that hard for a lie, for the truth yes but for a lie, hell no, noway! All of this scam nonsense that some are regurgitating and spewing everyday on this board; for two years now I've been listening to this crap, just stretches credulity beyond the breaking point and beyond anything you and I have ever seen or likely ever will.
Okay, now that I've got that off my chest, let's light up this board on this long weekend, well, seems long in lock down. Anyway, we're already number 22 and actually ready to break out; tell the world what you think about all this, about Matt and Tom, about this Cannabis Megatrend, and the incredible opportunity we have here in Global Consortium. This is going to be big, really big! Go $GCGX...
Agreed!
We need to hurry up and bring our CBD oil online. This is going to be a huge revenue stream and I think perhaps even bigger than our THC oil: Go $GCGX...
https://cbd.u-healthylabs.com/c1?tok2=4348914&arg3=&sig=rES7qOFxQB%2F9N%2BobzA8LD31shMo%3D&domain=&city=Vancouver&os_ver=&isp=Comcast+Cable&arg4=&ua=Mozilla%2F5.0+%28Linux%3B+Android+10%3B+Pixel+3+XL%29+AppleWebKit%2F537.36+%28KHTML%2C+like+Gecko%29+Chrome%2F81.0.4044.111+Mobile+Safari%2F537.36&browser_ver=&model=&browser=&rid=4227627781bc11eab3e30ea65cca8534&tok1=&arg5=&arg2=&brand=&arg1=&tok3=Washington_Vancouver&ref=&mrid=ecd097a5b58143d04cfd4d094b7f3096bae02177f5fcfe2eb8f86779d2a499b1&os=Android&country=US&did=&country_name=United+States&ip=71.237.247.69&ts=1587245615
I know, this is where the rubber hits the road. I heard it too and I suppose Matt was just hedging a bit. After all, even though you have a letter of intent you don't have a guarantee.
Anyway, I'm all in and I've bet everything I've got on the fact that Indulge is going to sell THC oil and lots of it; JUST WATCHING THE VIDEOS OF OUR OIL COMING OUT OF THE PROCESS MADE ME WANT TO BUY A MILLION DOLLARS WORTH! We just need three or four million dollars of revenue in April and we will most certainly get to $10 million dollars in Q2. And it's only a couple more weeks till we find out, woohoo! Go $GCGX...
Well, I like your take and then I figure that lockdown and stress in these trying times is a big mitigating factor too in our favor: people self-medicating. All things considered, I am so looking forward to the report of April oil sales in just a couple more weeks! Can't hardly wait! HAPPY 420 EVERYBODY... $GCGX...
I just want to remind everybody that Monday is 420. The whole month of April is supposed to be a 420 celebration! That said, with COVID-19, I have mixed feelings on how that might affect our sales of THC oil in the month of April. GO $GCGX...
See the following, it's a good read:
https://www.huffpost.com/entry/cannabis-industry-adjusts-coronavirus_n_5e99c6bcc5b63639081db5cb
Have a great weekend! $GCGX...
And your point is? My point is simple, we have nine trading days left until the 1st of May. So, between now and the reporting of oil sales in the first week of May, as promised by Matt, there's going to have to be some oil sales to report; right. So, if we sell some oil then Matt is going to start buying some shares; right? All things considered, that note and that seller are not going to survive much longer in this environment; right? If Matt don't take him out then you and I certainly will; did you see the bid growing at the end of the day, on a Friday no less?
Bottom line, in nine days there will be no more notes, no more selling, no more dilution, and Global will be practically debt-free? And, everything I've heard and seen so far tells me that Global is producing THC oil like mad! Remember also, we've been producing slurry since October and all that slurry has just been waiting for the vent project and final inspection in order to be processed too. So, we are in full production now, the excitement is building, and I can hardly wait... Go $GCGX...
A $12,000 note at par would be 120 million shares; right. Just speculating here that this selling is from that last note and we may be at the very end of this crap selling. Remember, Matt said that the note, all notes, would or should be gone before the end of April. I hope that's all this is; regardless, I am quite certain that dilution at least is done and over...
You are welcome: I think we are golden here and I have my golden ticket! In a couple weeks we will get a peek at Global's potential to produce THC oil. If we produce AND SELL three or four million dollars worth in April, well my friend, that's more than $10 million dollars per quarter, right out the gate, and it's definitely go time! $GCGX...
Straight from the annual report:
Convertible Debt
The Company only has $12,000 of Convertible Debt left. We have changed 1 Note for $100,000 from a Convertible Note to a Demand Note. No new Convertible Debt has been added since November of 2017. The Company will not be raising its share structure to allow for any Convertible Debt.
Based on everything I'm seeing and hearing my answer is no; Matt is not going to have to raise the AS.
After all, he said last month that the middle of April is when the buyback would start. Well, it's middle of April and instead of a big buyer, we had a big seller today; someone sold about 10,000,000 shares at the end of the day. Go figure. Suspect the last note holder.
Anyway, like you I'm anxiously waiting for this to turn around. As soon as we see the big buyer instead of the big seller then we have evidence of the first sale of our THC oil, woohoo!
Matt said he would provide April oil sales in the first week of May so, I don't expect to hear much between now and then. However, I do want that big buyer to show up, not unexpectedly, but quietly and that will put a smile on my face knowing that Matt just sold some oil. And if he takes out a couple hundred million flipper shares in the process, even better! Go Matt, go $GCGX...
Nothing stays the same, well, ALMOST NOTHING. In months from now when Global is making millions of dollars per quarter and buying back hundreds of millions of shares; will your tune still be the same? The answer is clearly yes! $GCGX...
Just so we are clear, Matt is under no obligation to report revenues in the middle of the quarter. However, he did say that he would try to give us monthly sales information of THC oil between now and the end of the quarter and that my friend is transparency! This is also a sign that our CEO is excited, pleased, and proud of his accomplishments so far. Folks, this is just the beginning! Go $GCGX...
The following is Matt's tweet response. Now, I assume he was talking about OS which means, for starters, a 400 million share buyback and means also, no need to raise the AS!
"Based on the Merger from 2018 the SS was going to be around 1.3 bill, I would like to achieve that. I think first we need to book the sales and see what the market does. I feel we are way undervalued based on other MJ companies."
https://twitter.com/Global_GCGXOTC/status/1247934186415099904?s=19
Yeah right, who exactly is trying to defraud who here? Prove it, otherwise your schtick is getting old! There are a lot of good people here who care a lot about their investment in this company and it's CEO... We are seeing huge progress in a very tough but rewarding industry. Any day now we will have proof of THC oil sales and then the share buyback begins and we will have plenty of proof on both of these huge events... $GCGX...
I'm locked and loaded; topped off my tank; picked up 200k more shares today at a bargain basement price. It's go time now, let the show begin, Corona virus be damned! Go $GCGX...
Agree with Florida but sounds like you're excluding CBD in California and that's our biggest market!!!
Exactly like I said BillydaKid, and I will pit my lawyer, our lawyer, against his any day! Go $GCGX...
You said it, it's a legal issue... Cannabis is still a Schedule 1 drug and completely illegal at the Federal level. For that reason there are no pure US cannabis companies on the major exchanges, ancillary companies yes, cannabis companies that touch the plant no...
Now, Global Consortium Inc., has erected a Chinese wall, created a stir, BUT IT'S A NOVEL APPROACH; are you smart enough to stick around long enough to see how well it works? I fully expect within 1 to 2 years we will be riding high on the NASDAQ, pun intended. Minimum PPS equals $4 to uplist to the NASDAQ, woohoo! GO $GCGX...
You need to look a little closer, there is not one cannabis company on the major exchanges unless they originate in a country like Canada where it is legal. This is exactly where the Chinese wall comes in, keeps the public company from touching the plant, and will allow us to uplist to the NASDAQ... Been over this a million times, come on!
BS, I talked to my cannabis lawyer too and he said because the public company does not touch the plant it can buy back as many shares as they want... GO $GCGX...
From Q1 report:
"Global Consortium, Inc. (“GCGX”), through its wholly owned subsidiary, Global Consortium Holdings Inc., owns Indulge Oils, a Cannabis Distillate. Indulge Oils is currently being manufactured in Sacramento, California, by Global Consortium Group, LLC a licensed cannabis Manufacturer."
Now, we have all seen the tweets regarding the agreement with Global Holdings where they will receive or Indulge will receive 25% of the THC oil leaving 75% for Global Inc.
Again, from Q1 report:
"For 2020 the Company will focus on fulfilling the current order in place for 25 liters a day with a conservative estimate of $2,100 per liter paid to Indulge Oils. This assumes the buildout of the extraction room and the inspections passing. Should Indulge deliver a product in the mid to high 80’s in potency, then the price per liter could increase by $1,000 or more earning more money for Indulge since the costs will stay the same."
Now, we know subsequently that the extraction room was completed and the inspection passed. We also know from subsequent tweets that the potency of Indulge's oil is approaching 90% or better. So, in order for Indulge to get paid $2,100 per liter on average then we know first that the potency is high enough and if we do the math we will know how much this oil is expected to sell for on average per liter:
$8,410L, woohoo!
$2,100L = 25% - Global Holdings
$6,310L = 75% - Global Inc.
$GCGX...
It's all there in the report however, you will never see it emphasized because the Chinese wall presents a hands-off approach to the plant: You know, hands off like Social Distancing, only difference being:
Touch the plant - NASDAQ dead!
Touch COVID-19 - You're dead!
The more the merrier!
What's all this hubbub about today? This was a good report, good business, but you'd think, listening today, that the company just gave away the house. Nonsense, in reality this was an in-house deal with two very interested parties in a mutually beneficial deal. Global Holdings now gets what they want and need, to continue manufacturing THC Oil; mutually beneficial! And Global Inc., gets what they want and need too, for instance, adding a CBD revenue stream; mutually beneficial again!
I for one believe that this company is doing what a company's got to do, finally: make, market, and sell product! And now that they have money, we should expect many more deals to come; debates too, if that's what you want to call this, I call it progress...
Bottom line, we've seen now that our company is doing what they need to do, and it's time now that we, the shareholders, do our part; not tell the company how to spend their money, but to decide how to value our investment, to value our company based on what they are doing with their money to expand our business... Folks, that's not easy in the OTC world but, I like what I am seeing and hope to see much more of this, woohoo! Go $GCGX...
In case you haven't noticed, this isn't last year, this is now! Get with it man.
Matt is releasing both reports today. Smart move; I don't think we had any revenue to report in the fourth quarter anyway!
If that $1.5 mil net is ALL from the last four or five days of March then look out Q2; going to be huge revenues! $GCGX.
Not a gamble anymore. We now have a real company with real earnings and a clear way to value this company quarter over quarter. I'm waiting for Q2 when we have our first full quarter of production!
Keep in mind, this $1.5 million NET, represents only about 4 or 5 days of production at the very end of the quarter, Q1. Think about what 90 days of production will do to our bottom line this quarter, woohoo! The Q2 report comes out on or before August 15th; is it August yet? GO $GCGX...
Certainly changes things don't it?
GREAT POTENTIAL HERE!
Q1 Net: $1,502,787.54
Yearly: $6,011,150.16
Net: $6,011,150.16
Yearly EPS: $0.0047
Multiple: 24
PPS : $0.112
$GCGX...
Annual report, $1.5 million dollars, stop sign coming down, Go sign going up! . $GCGX...
Look, I don't pretend to know what it takes to run this business but I do know that it will take an extraordinary effort in extraordinary times. I know that this company right now is in the midst of a battle for its survival, just like so many others!
Global is preparing and standing up a new revenue stream, in fact, several new revenue streams but, I would like to focus on CBD oil; arguably the most important revenue stream for this company and likely essential in our survival. People across this great nation are in need of help, medical help and Global can provide that help...
I don't know why this company is selling shares; likely business expenses, licensing, permits, build out, I don't know; but the fact that we have survived when nearly every other company has failed miserably, either in despair or in bankruptcy, is testament to our perseverance, our strength, our ability to overcome against all odds, woohoo!
My take, we have a product to die for, CBD OIL, in a time where death is forefront in our minds. We are helping people in their time of need, providing hope, providing relief, pain, depression, despair, suicide. We are helping people in a big way and I am so excited to be a part of this. Bottom line, stay the course, this is all good, we have the goods, the right stuff. Go $GCGX.