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That was a perceptive call on the 65s today mick. I think its fair to say we can linger here and perhaps a bit higher in anticipation of fins and Rico. They should fall back-to-back or thereabouts.
My apologies DTL. I cannot provide you with a link with any data. I, nor anyone else will be able to tell you the price point for Rico. We can guess. I can try. Let me give it a shot. I think with a new product with the infusion of hemp, targeted for a specific group and area in Northern Cali will cost 4 bucks. Easy to speculate, however I know as little as the next guy. I do know one thing though. Energy drinks are tremendously popular and one more choice with Rico won't hurt the bottom line.
They dont owe us a quantity on their product mick. We know this. If they have product and it's available, that's all we need to concern ourselves with and care about.
Quite frankly, I'm kind of tired of reading that Green Cures management are clowns too. I find it disrespectful to the individuals running the company and its tolerated.
You know for certain? Nobody found the products at all? No search for CBD could have revealed their products? Zero chance that happened? Wow. I didn't know you knew that!
I love this one:
I agree with you 100%. It is ridiculous to think that Green Cures is doing a release with just 14.4K in product. That's why the PRed the release of the first shipment. They are under no rule to provide us with further product information on the quantity they have so speculating that 14.4K is all they have is just that; a guess.
You say:
Who cares about the patent pending, patent rejected nonsense. It's an end around, a misdirection . It's moot. If the guy can still utilize his system or any process that occurs naturally in nature and it can't be patented, nobody can. It can still be used. More importantly, there has been some recent testing, there's a countdown clock ticking, the company has been utilizing their social media as they should and Rico Suave post fins will be dropping. Those are simple facts.
I tend to stay away from Kool aid and words like huge news, but the SEC giving their blessing for investment into MJ is monster news for this sector. If you can seek the light at the end of the tunnel and believe that GRCU has the infastructure and products and potential within this sector with CBDs, hemp related products and eventually MMJ, you have to be rather excited about a 75m primary investment. This is a very big piece of news.
Kingpin, absolutely and apologies.
I'll take a guess. Water, Taurine and Hemp with a few other flavonoids mixed in. Won't matter much it'll only make about .10 per can. I hear the T-shirts admin costs was $4 bucks and with the $3.99 price tag we're losing a penny a shirt.
Whose buying a Rico T-shirt? I hear GRCU has 14.4k in the hopper. Who wants to lay odds on the shirt costing more than the drink?
Well there's something I can agree with. 19 trillion in the hole with a new 3.95 laden with spending. Let's just hit the reset button. What a disaster.
That, admittedly, would be bad. Too much hype, a little bit of glitz with the countdown clock and a pretty nice looking can (and yes looks sell), for this to be a missed date. Now a first look through social media at, at least, one piece of apparel and probably more. Upticks in advertising. A bit of intent on their part to miss. Not many will be pleased should that happen.
I like the shirt posted on the Green Cures FB page. This is obviously not only the release of the energy drink, which I believe they will have far more than 14.4k units; I believe that is what they told us the initial shipment was, but an apparel line is quite obvious at this point too. Decent marketing strategy to uptick their use of social media and begin advertising this. I'm not concerned with the drifting of GRCU the stock as Green Cures the company looks to be moving forward with intent on this release. Should be interesting.
Yup. The claims of having insider information to price points and administrative costs is as absurd as saying the product has no chance of gaining market value. Being that it is a product targeting a specific group and the fact that's it's a new name with hemp as an ingredient will pique some interest IMO. Taste is irrelevant as far as I'm concerned as many if them taste like crap and sell like crazy. What if it tastes great though? Any chance it sell then??
That is an excellent point. Nobody can predict how it will sell. Thus the absurdity of making statements that it will gain no market share. Thank you.
Apparently GRCU should give up the effort before starting as there is no way, none, zero, that this product will appeal to the Latino community or cross cultural. Perhaps they should just give it up and take these wonderful suggestions that they accept failure. That'll probably be better for shareholders, no?
Really? There's no way? None whatsoever? Maybe with the daunting task in front of them with all of those energy drinks in front of them, all infused with hemp, of course, they should just close the doors on this project. Perhaps that's the best course. I think I'll send that recommendation, that Green Cures simply give it up. I think I may finally agree with you.
You took the words out of my mouth phil. I don't see any guns to any heads holding people to their shares of GRCU. If the DD shows its time to sell, simply sell and move on. Plenty of tickers and boards out there not labeled GRCU. See ya.
I do not believe there is any foreign or offshore investors or any funds available to Green Cures at this time from a private investor. I do know this intimately though. Business owners make plans. They create long range goals and make deals with others to support those long range goals. Green Cures is no exception. As a public company, they have the right to communicate any intended goals to their stakeholders. This does not necessarily mean that the goal will come to fruition. That's why its a goal. Not all of them are achieved. Unfortunately, with a public entity, and especially within the OTC, that raises red flags and concens. That doesn't mean that Green Cures is scamming investors or bilking us for money, it means they missed. They didn't follow through, or a deal fell through. It happens daily in business. No major concern for me.
Others don't feel that way. They find it easy to jump on business inconsistencies as major deficits. It's something public entities have to live with and grow from. Hopefully Cruz and company will learn from their mistakes as they grow within this sector. Questions remain, for certain, but that's what creating a business is all about. Answering those questions with performance and growth over time.
I remain very optimistic about this young company, with sound and growing infastructure, up-to-date social media and a slowly expanding product line. JMHO.
No, I didn't forget that. Thank you for the reminder though. I just seem to be having a hard time finding a sound reason as to why they would raise it again immediately following Rico launch. It won't do anything to support the SP and will more than likely send it south. Not a firm plan for Cruz who will exercising his right to sell his restricted, or whatever they may be, at some point. I guess posters can guess all they want, most will be wrong anyway.
Thus, building a business in an attempt to make money. Happens to all of them at the beginning, Green Cures included. This isn't fantasy land business where the money grows on trees. Fortunately, you have no clue as what Green Cures has in their coiffeurs or who is financially supporting the company, and neither do I. Sidelines is the best place, I agree.
What kind of sound reason can be provided for an increase in the A/S after Rico release?? The immediate response to that would be negative investor sentiment and a drop in PPS. Logically thinking, wouldn't it behoove Cruz to improve share structure to strenghten PPS so his 21mm registered/unregistered/dark/light or whatever you want to call those restricted shares are worth more to him?? Guesses like an increase in A/S lack reason.
For those considering and if I may. There has been much talk about share selling schemes, dilution and the fact that Green Cures present or future products just aren't going to cut it. However, within those opinions there has been no evidence to support the reasoning.
Recall when Mr. Cruz purchased 21mm restricted shares. Those shares were going to have an immediate change to the register through the TA, but that simply never happened. Thus the opinion became just that, nothing but conjecture and a wrong guess. The fact remains that Mr. Cruz owns 21mm restricted shares which he can excercise after one years time. This would lead an intelligent person to believe that he would do whatever was in his power to create a successful company in Green Cures and maintain a strong PPS.
As for dilution? We've seen very little evidence of successive major volume days that would indicate that strong buying or selling is ongoing. In my usual experiences with diluting companies, I usually read one or more paid promo's and other successive press releases from the company with grandoise plans. This is usually followed by a heavy volume buying day and the immediate drop in share price with insider selling. That simply has not occured here. Quite the contrary, Green Cures has remained quite mum about their plans and only releases information when they are prepared with a material event. This is a simple fact, and not indicitive of dilution. The post Calkin dump effective is not something we can hang our hats on as a sign of dilution.
Much has been spoken about Rico Suave's price point and administrative fees. I believe the only people who have that knowledge would be the company Board of Directors and if Green Cures has proven anything, they've proven that they are tight-lipped about sharing information. I am highly skeptical with someone coming forward claiming to have knowledge of the administrative costs of Rico Suave. That isn't fact and it certainly isn't a fact to throw out a number saying Green Cures will only make X,Y or Z per unit. That's fantasy. The fact is www.ricosuave.com and the little countdown clock they've got going on over there. That's a visual fact we can hook ourselves into.
Nobody can guess or determine how successful or not Rico Suave will be. We can guess and speculate, but to say it will sky rocket or say it won't cut it is simple conjecture. The proof will be in how the company markets the opening and how they support the product. The apparel addition is a nice support structure and adds to potential revenue. The fact that they own the mark and how keywords such as chewing gum, lolipops and coffee can lead us to speculate that they may be interested in bringing these items to market, is something to hange our hat on. This isn't a far stretch in logic.
At this point, I'm not too concerned with the simple daily ups and downs. After several green days, a red one would not be a shocker, nor should it be a cause for concern. I continue to remain optimistic about the Rico release and the potential it offers for additional product support and continue to remain supportive of this very young company in this very young sector, which will be a major player in the markets for years to come.
Consider that.
I'm expecting support to hold at these levels with our multi-day confirmed uptrend. There is far too much on the table with Green Cures over the next ten trading days for any sustained downward pressure.
I do not think it is a stretch to think that the Rico Suave website will open on the 16th with just the energy drink. It would not surprise me in the slighest to see apparel as well. I also don't see the website housing just an energy drink. Two of the staples I'd like to see added are chewing gum and coffee. Both are highly prevelant in American society. Both are also key terms listed as part of the mark. Should Green Cures make good on some of those keywords, all bets are off as to where this young company can go.
I also think we'll see a double dose of information from the company on the 13th and 16th. We should see fins, maybe by Friday the 13th as its the last trading day before the Sunday due date, quickly followed by a grand opening and intro PR for Rico Suave. If we do see successive moves and Green Cures does play their cards right with this opening, a penny is not out of reach within the next two weeks. JMHO.
Green Cures simply does not, nor will they share price point information with investors or board posters. There is not an individual in here who knows the administrative costs associated with bringing the product to market. Anything that states such is simply misinformation.
Again, the tired old theory of a scam. Green Cures is putting forth quite a bit of energy and effort to maintain the illusion of a real company. They sell a few tinctures at one site. They sell a couple of sticks of lip balm at another. They have a few products scattered about on Amazon and ronniecolemannutrition to name a couple and a website which they wish to expand called cbdoil.us. They have a glitzy little countdown clock at ricosuave.us which is scamming us all into believing that some phantom energy drink will be coming out, with a can, which by and large, looks pretty good, but is more then likely a figment of our imagination. Let's not forget that incredible pump machine the company is putting forth. We all need shades for our eyes as the PPS blinds us in it explosive march north. The only thing that has been busted is the same old tired opinion which hasn't panned out yet.
I don't think we should overlook the ancillary directions Rico Suave can go with this launch. Green Cures is gearing up for a glitzy grand opening with models and apparel. Apparel piqued my interest because it is easier to obtain various screen printed shirts etc, with the Rico Suave logo. Brand recognition is important here as Green Cures first primary focus seems to be the Latino communities in LA. I can easily see various catch phrases on shirts like, I'm delicious smooth, link that to a model or two and you have the recipe for impulse buying. It's a direction I can envision them going.
I do think that their focus from now until then will be Rico Suave and that only. If GRCU wishes to do this right, it needs to be systematiic. The infastructure is already in place, it's now simply executing this introduction in a step-by-step, transparent manner. As long as they do that, and perhaps push into the apparel end, we could see the first batch of Rico Suave lasting a month or so and the product expanding as interest grows.
We were headed toward a penny just a couple of weeks ago. The countdown offers validity and confirmation of Green Cures good goals. The marketing strategy is nice and the can looks great. Headed back to a penny, IMO.
Hmmm, sounds like an open invite to the Caribbeans. Get us there someday Green Cures!
Central Jersey is long GRCU and getting pounded!! Hang tough Jersey!
Very good points about the timing of GRCUs reappearance on the MMJ index and imminent arrival of Rico Suave. After all Jones did say GRCU would be an MMJ participant. Coincidence?? Get ready.
Great post Odessa. Green Cures "has established," not will establish points of sale. Normal business owners understand that those things are always associated with typical delays. The negative sentiment attached to a reaffirming intro letter is weak at best and shows a complete lack of understanding and ignorance of structural business building.
I also appreciate the fact that Green Cures has learned from past mistakes that attaching hard dates and deadlines are critical mistakes, and they did not do that this time. I also fully agree that reaffirming Rico signifies that it is close, as in, "the very near future."
What a weak forte calling Dr. Jones a a "part-time" CEO. The man has barely warmed the seat with his backside and already the negativity. Folks, don't listen to that garbage. He reaffirmed many things we were wondering about, and some things we wished to have improved. He addressed them, did not shy from the responsibility to improve them and expanded to MMJ. All in due time. The structure must be strong before the GRCU building can be fully built.
There you go Apostle, you had your news that was requested. I say you reset the agenda from 90 days from today. Now, let the negativity begin.
We went from one Rookie CEO to another. I wonder how long this guy get before some start investigating his favorite brand of toilet paper?
Pritesh Kumar is Dr. Jones' receptionist in the office, which is downstairs on the first floor. All mail gets screened by Mr. Kumar, who by the way lives in one of the palatial penthouses in the 120 thouasand sq ft structure on the 3rd floor, in apartment 503. I believe Mr. Kumar was also the stunt double for Kumar when they took that crazy ride to White Castle with Harold and Doogie Houser, MD. What shall we investigate next? The tiles to the entrance foyer? Great DD.
GRCU
Trying to aplly some common sense soothing ice here TMT. I'm not so sure it's working.
Well it does have shades. The darker ones are the ones I dislike more, but as we've both witnessed that color did change for GRCU when it just missed a penny a couple of days ago. To say it cannot or will not happen again on Rico news, on Feb revs on a gro op if it becomes a reality, is simple fantasy. I thought traders post was a good one too. If it bleeds the 3s they'll be plent of takers lapping em up and ridng it back to copper.
Red sucks. When you sell your GRCU shares. Otherwise it's just a color.