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And your point is? We are still way less than was projected by management where the OS would end up after the merger so this is still positive. All documented and better-than-expected! $GCGX...
The stop sign is off and now the yield sign will come down with the attorney letter next week.
That RS has nothing to do with Leaf of Faith except; out with the old and in with the new. The new share structure is based on Medi Mike's new business potential and the SEC. There are now approximately just 300k of vlnx converted shares which became part of the LOFB 307,000,000 OS. Again, that RS has nothing to do with the authorized spin-off shares.
The spin-off shares were determined on the date of record and 1 for 12 dividend shares. Based on the number of shares held by shareholders on the date of record we will receive about 68,000,000, Buzzy should have gotten about 68,000,000 though he's giving them all back to keep the outstanding shares in check. 198,000,000 shares went to Medicinal Mike and the remainder of the 307 million shares outstanding are just a necessary cost of doing business. $LOFB.
Got it. I think next week the little TA birdie is going to start dropping the long awaited shares into all of our accounts. $LOFB
CO = Good times ahead! $GCGX...
I'm with you Mav, looking forward to Q2 this week and the CO too; these two things will get us back on track! Then, looking forward to the audited annual report plus an S1 filing to initiate uplist to the otcqb which should give us a boost! For instance, Nightfoods jumped to about 50 cents PPS on the OTCQB!
So, yes, I am looking forward to getting back on track this week with the issuance of the CO and Q2 report. Then, looking forward to the QB announcement in coming weeks, and really looking forward to the two additional income streams coming online, Indulge Oils and Tahoe distribution, along with the increased revenue in Q3...
I know that's a lot to look forward to but if we look just a little further, it was mentioned and therefore I expect also there will be a purchase in the fourth quarter of one or two additional extractors! Now, let me qualify, I know with so much expectation there comes with it a greater chance for disappointment too. So, I'm like Cap in that I need to see evidence now that this company can perform as expected... But then, next year, we will be cruising our way to the NASDAQ. Go $GCGX!
Cap, I'm guessing you probably meant to post this on the TGGI board as Global no longer has any rights to the device. Although, if or when the device comes out it can be sold through Global outlets:
"Global Consortium, Inc. to retire 60 million shares of its Outstanding Common stock
Press Release | 01/10/2019
Rescinds transaction with Trans Global Group
Assigns all rights to the device for return of the shares
Agrees to assist in distribution
COCONUT CREEK, Fla., Jan. 10, 2019 (GLOBE NEWSWIRE) -- Global Consortium, Inc., (OTCPINK: GCGX) and Trans Global Group, Inc. (USOTC: TGGI) rescinded their transaction effective December 31, 2018."
You do know that nothing will happen with tggi until Matt lunches gcgx. Then you can expect he can and will focus his attention on tggi...
Maybe in your Fidelity account. I've not heard any complaints except initially, in particular one in Canada Buzzy had to help with. Beside, LOFB is not at all like Fernhill and is not a good comparison...
Exactly, Buzzy strongly emphasized that to me more than 2 years ago now personally by phone and I took it to heart; it's actually given me much peace of mind about this whole thing! $LOFB. Go Buzzy, Go Mike!
You know, I'm not too worried about that... I am told by Buzzy that I have the largest spin off block of shares. Furthermore, Medi Mike has nearly 200 million shares out of the 307 million shares outstanding and he's not selling any, just building, building, building, his brand and his company...
So, that means there are less than 100 million shares to dump, as you say, and I think anybody can see that a company with 300 million shares outstanding, earning $2,000,000 per year is well on its way and should easily support $0.10 to $0.20 per share. Mike has a nationwide plan, is working with Martin Archer, redoing his cartoon and artwork, and it looks like to me that we have a winner here!
Now, every one million dollars Mike earns for the company should support eight cents per share. And, he is hosting shows all across the nation every week or every two weeks at least. He's working his ass off for you and me, in fact, he's an animal, when it comes to his business, his networking, and building his brand. Finally, do the math, every eight cents per share equals $1 million dollars in my account too, woohoo!
Yes, I think we are close to launching this ship. I'm in another stock right now where the CEO has gone radio silent too: reason over there is a spinoff delay going on two years now where shareholders don't want to hear anything and criticize everything until they receive their spinoff shares. Matt is in a similar situation here and radio silent for the very same reasons: criticized for everything until he gets the Certificate of Occupancy (CO) and then can the start the next two revenue streams: Indulge Oil and Tahoe distribution.
I look at it this way, getting a CO isn't going to take anywhere near as long, certainly not 2 years: I know about construction and I know that they received the building permits already. So, it's just a matter of work now and if they estimated completion of the buildout they will not be far off the mark as they are likely relying on the contractors estimate rather than the company's estimate. Further delays are possible depending on the time it might take for inspection and then the issuance of the CO. Bottom line, the CO could come any day now and any further delays should be measured in days or weeks, not months or years... Go $GCGX.
This is not a share selling scam: too many people involved, private money, businesses, licenses, and permits. Unfortunately though, we are just treading water waiting until we get the certificate of occupancy. Think about this, if we were buying Global today at this price instead of a year ago, or any other stock for that matter, we would be so excited at the prospect of making millions in revenue right out of the gate, within just one or two quarters, that we couldn't hardly contain ourselves. You know what they say, "Darkest before dawn," but now is the time! Go $GCGX
Look, if you bought VGID thinking it was going to be the next Monster, well, that's just wrong, and the wrong way to play this stock. I bought vgid, sold the run, doubled my shares, and then eventually sold my vgid shares for a slight loss. However, in the process I picked up a ton of spin-off shares, over 13 million shares to be exact!
Looking forward, I see Medi Mike working his ass off to build a base and can clearly see already his case for support at $0.10 pps at least by the time we can sell in second quarter of 2020. Now, if I can sell my spin-off shares for anything over $0.08 pps then that's a million plus after taxes, woohoo! And that's the way you play VGID, any other way will certainly just frustrate the bejesus out of you! Remember, the value is in the spin-offs... $LOFB.
All of these are same concerns expressed on this board everyday by everyday investors or so-called investors... These are not the concerns of an owner with a contract where the law is or should be clearly involved. Simply does not pass the smell test...
You do realize that there's a big difference between just a concerned family member and someone with hundreds of millions of shares in a contract dispute. Nothing that was said makes any sense...
Well, since we are one company I don't see that it matters how or where they market product especially right now before we get the CO, at least they are marketing and selling somewhere.
What do you mean?
Folks, don't let someone come in like a bull in a China shop and destroy your dreams. First, Matt and Tom are not lying, a delay and setback is not a lie, not yet anyway. That said, I have concerns for my investment too just like anybody else would have though I try to keep my concerns within reason. All new companies are vulnerable in the first couple years and we’ve only just completed the second quarter. It's certainly not time to throw the baby out with the bathwater. New companies need to be given a chance, a reasonable chance to succeed and a reasonable time frame. So far I see nothing unreasonable except for perhaps some way over-the-top allegations.
Global is making progress, the merger looks good, assets are good, and the build-out of the Cannabis mall is progressing though it was delayed. The annual and first quarterly reports are out and will soon be audited in preparation for uplisting to the otcqb. We have revenue from one income stream already and are told we will soon have two more revenue streams coming online as soon as we receive the CO: Indulge Oils and Tahoe distribution. And if the CO comes by the middle of this month as expected then there's nothing to get all worked up about and actually plenty to get excited about!
Indulge has 3 extractors currently, each capable of manufacturing 5 liters per day. Now, that's 15 x $8,000 per liter = $120,000 dollars per day x 7 days = $840,000 per week + $50,000 per week for Tahoe distribution = $890,000 per week, potentially, when these 2 additional income streams come online this month. Now, add another approximately $170,000 per week from Infused Edibles and now that's over $1,000,000 dollars per week, woohoo! Folks, that's plenty to get excited about!
Furthermore, if the CO comes this month as expected then the company will soon be buying more machines and manufacturing more oil. I see the health and wellness CBD movement growing exponentially across the nation and the entire world! The push is on and the pressure is on the FDA to find a way to allow CBD into the food chain. And, there is no doubt about it, they most certainly will allow it and when they do then the demand for CBD oil will be off the charts! Just trying to keep it real, my dream is real, and still very much alive:
3rd quarter if the CO comes on the 15th of August:
3 extractors @ 5 = 15 liters per day
90 days per quarter
Half quarter = 45 days
15 * 45 * $8,000 dollars per liter = $5,400,000
Tahoe Distribution @ $50k per week * 6 weeks, half quarter = $300,000
Infused Edibles Q3 = $500,000
Q3 Total = $6,200,000
Go $GCGX...
There is an element of Truth to what you just said however its only just an element and a matter of time when or if they aquire the entire 64000 square foot building. For now at least, you're right there is no 64000 square foot Mall but that's in the works.
Unfortunately you have taken an element of Truth, pulled it out of context. Here it is in a nutshell but first, you've heard it said, first casualty in war is always the plan, except in this case, first casualty in business is the plan. The plan was to build a mezzanine, add an additional 50,000 square feet of space to plant 2000 square foot parcels of cannabis THC and rent for 600k per month or per year I don't remember.
However, the plan changed, the focus is now manufacturing and the focus now also is on the NASDAQ. In fact, if you remember the conference call, I ask Matt about the legal issue and he told me that he implemented a Chinese wall so the company does not touch the plant itself. So you are wrong, got it backwards, in that the focus now is manufacturing CBD and CBD products and likely the Chinese wall will prevent THC production in the Cannabis Mall; could also be why Infused Edibles may never move into the Cannabis Mall because they did intend to add THC to their line of products...
Really, hundreds of millions of shares and trying to tell the good folks here that the Cannabis mall has nothing to do with CBD, wow!
Wrong, CBD oil has everything to do with the manufacturing Cannabis Mall. Only one problem though, we needed permits first to build out the space, delayed because California was swamped with cannabis business requests and then we need the certificate of occupancy before we can turn the machines on. Now, you are right when you say the machines are there, we've all seen the pictures, and they're ready to go, and we still have 90% the letters of intent to buy our high quality hemp CBD oil. $GCGX...
We all know about the Edibles company and we know that Matt said that they would be moving into the Cannabis Mall end of the second quarter. However it wouldn't make much sense to move yet into the Cannabis Mall without the CO now would it...
Matt has not been aggressive but there are some here who are very aggressively trying to get my shares. In fact, the closer we get to receiving the certificate of occupancy, so we can finally start producing CBD oil, the more aggressive they get.
Yeah, I'm disappointed too that the Colorado crop didn't work out, and that we didn't get the CO back in January, and that we haven't been producing oil all that time but this is a brand new company and things don't always go according to plan and that is just normal and easily explained unlike what some are doing on this board and is not so easily explained... Go Matt. $GCGX
Not a lie, Matt said they were purchasing the building and under a lease option they are in no hurry. So, when the ppr goes up they won't have to dilute and we just have to wait a little longer.
Furthermore, everyone knows you can Farm, sharecrop, and you don't have to own or buy, not a lie by any stretch of the imagination...
Finally, I like the fact that Matt gave us targets and I like the fact that he was forthright in saying that he would have to revise those targets. It was out of his hands, lost the crop in Colorado, mismanagement by the farmer; planted too late! And the permits for the Cannabis Mall build-out were delayed, out of Matt's control, California craziness going on, and consequently the co was delayed too: again, out of Matt's control, not a lie, not a lie by any stretch of the imagination... Go $GCGX!
$GCGX, what do you got to lose; it's practically guaranteed that the price per share is not going to drop below a penny... The company won't or can't allow it with its plans to uplist to the otcqb where the requirement is one penny per share: We've seen it already, it's clear the company intervened when the price dropped below a penny, or, perhaps it was just investor interest at a price too good to resist anytime below a penny. Folks, the bottoms in, wish I had bought at these prices! No worries, the sky is the limit from here... $GCGX...
Cap, you're right, when they turn the machines on it's full speed ahead, no looking Back, and should be 24/7 manufacturing CBD oil. I'm only trying to be conservative with my number. Furthermore, I don't know what the margins are but, regardless, this is scalable and perhaps adding just one additional machine is enough to offset the margin. The following shows just one pathway to the NASDAQ and I think it's possible in 2020:
Indulge Oils
Already has LOIs for $38.4 Mil.
If purchase 2 more machines @ 25 l ea:
5 @ 5,5,5,25,25 liters = 65 liters per day
Dollars per Liter = $8,000
Working Days per Quarter = 60
Dollars per quarter = $31,200,000
Per Year = $124,800,000
Qualifies NASDAQ:
0S: 750,000,000
Quarterly: $31,250,000
Yearly: $125,000,000
Yearly EPS: $0.1667
Multiple: 24
PPS: $4.00
$GCGX 3rd quarter if the CO comes on the 15th of August:
3 extractors @ 5 = 15 liters per day
20 working days per month = 60 days per quarter
Half quarter = 30 days
15 * 30 * $8,000 dollars per liter = $3,600,000
Infused Edibles = $500,000
Tahoe Distribution @ $50k per week * 6 weeks, half quarter = $300,000
3rd quarter Total = $4,400,000
Good Point. $GCGX = NASDAQ
Indulge Oils
Already has LOIs for $38.4 Mil.
If they purchase just 2 more machines @ 25 liters ea:
5 machines @ 5,5,5,25,25 liters = 65 liters per day
Dollars per Liter = $8,000
Working Days per Quarter = 60
Dollars per quarter = $31,200,000
Per Year = $124,800,000
Qualifies NASDAQ:
OS: 750,000,000
Quarterly: $31,250,000
Yearly: $125,000,000
Yearly EPS: $0.1667
Multiple: 24
PPS: $4.00
I guess Tom Rowland is the MJ ninja after all, never seen, never heard.
If you are going to trade Penny Stocks, Etrade is the best for my money. Never a problem, transfer money and buy instantly, service is great... Now, as to the worst, I have been hearing for years that Fidelity is nothing but trouble: seems people are always waiting for their money to clear, can't buy or sell this or that, long delay in receiving their spinoff shares, oy vey!
Now, in just a few short weeks it will be time for the Medi Mike show and he is the man with the plan! Go Mike, go $LOFB!
So they had a couple setbacks; that's just business. And your dud today is my gold mine in 1 to 2 years! $GCGX!
It seems Matt posted something over on tggi indicating that he really didn't want to bring gcgx current until he receives the CO. Seems he doesn't want the stock to be manipulated waiting for the CO and then have shareholders blame the company all the more.
So, the CO and Q2 are due August 15th and if in fact we do receive the CO by August 15th then I expect the attorney letter which will bring us current and pink all around the middle of August. Then, shortly after we should get the audited annual report and hopefully word that Matt has filed or is filing the S1 to start the up listing process to the otcqb. Now, that's quite a bit to look forward to in the next few weeks. Now I'm actually looking forward to the dog days of summer in August this year. Go Matt, go $GCGX!
Quarterlys are not audited, only the annual reports are audited. The 2018 annual report will be audited and they are working on it now.
Medi Mike tells me that we are pink and clear by tomorrow morning, woohoo! $LOFB!
Re: [Patience CBD Beverages] Contact
hutzfah@gmail.com
On Mon, Jul 22, 2019, 8:39 PM Medi Mike <hutzfah@gmail.com> wrote:
Buzz handles all VGID folks but I was told by OTC today I'm pink and clear by morning
On Mon, Jul 22, 2019, 12:53 PM Brad <wordpress@patiencecbd.com> wrote:
Name: Brad
Website:
Comment: Hi Mike,
I've been told that I may just be your largest shareholder, if or when I every get my shares, and that makes me your biggest fan too, whoohoo! Just hoping OTC hasn't kicked you back again; anything you can share regarding the issuance of my shares would be most appreciated.
Thank you.
Brad
Have a great day!
Okay then, we can't both be right. I'm happy with my shares; how about you? $LOFB!
Yep, ole Jed was shooting at some food when up from the ground came bubbling some crude, oil that is, black gold, and the first thing you know ole Jed's a millionaire!
Any day now we will get the attorney letter, and the stop sign will come down, the press release machine was start up again, and we will push forward with uplisting to the otcqb. Then, middle of August we will receive the co and we will turn on the oil spigot, the revenues will start to flow and Jed clampett will be envious, so envious because Jed only got about $30 bucks a barrel but CBD oil runs about $1,272,000 bucks a barrel, woohoo!!! GCGX...
This just goes to show you that, in this regulatory environment, if Global can survive these early days, endure all the growing pains, and establish a foothold in California, the largest market in the world, it will be huge. Turn on the CBD oil spigot middle of August and the sky is the limit! We still have $38.4 million dollars in letters of intent, oil that is, and all we have to do drill! After a couple months there will be no stopping Global; drill, drill, drill, I mean extract. $GCGX!