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Wdco is fun to slap around
.02 break
Huge bids now
Ontop of that, incoming profits will take care of the future debt conversions which most aren’t due until next spring. Nice margins
https://eqova.com
Clean and professional website, check.
Ameritrade as well
Very friendly deal indeed. The cfo knows what he’s doing too. Not reckless with the notes and is managing them very well
Profits mean those notes will be paid off before ever converting and no need for future notes. The company was setup for success right out of the gate.
Reading the last 10q, there’s not much dilution left and what is left, isn’t due for a while. Ontop of that, the company has been paying back their convertible debt
Nah, this share structure and the company’s financial practices remind me of USRm. We saw what that one accomplished with probably much more dilution than we’ll ever see here.
Payments for repayment of convertible debt (186,250 )
Looks like they’re paying off the conv debt to me, from the last 10q
Incentive based preferred stock on the otcQB. Very Freindly merger imo
Merger news is out on otcmarkets as an exhibit to 8k:
Grey Cloak Tech Completes Acquisition of Eqova Life Sciences
LAS VEGAS, NV -- (Marketwired) -- 10/23/17 -- Grey Cloak Tech Inc. (OTCQB: GRCK) announced today that it has acquired 100% in an all-stock transaction Eqova Life Sciences, a medically-focused CBD company .
According to The Hemp Business Journal, CBD products marketplace are projected to grow by 700% by 2020 with annual sales reaching $2.1 billion.
Eqova Life Sciences, located in Denver Colorado, develops clinical grade Full Spectrum Hemp Oil products, sold exclusively via partnerships with licensed medical practitioners to use with their patients. To date, no other Hemp Oil company exclusively focuses on the practitioner market, leaving it largely underserved.
Eqova has approximately $150,000 retail value of CBD inventory which is expected to be sold by the end of 2017. Eqova has hundreds of relationships with suppliers, vendors and medical professionals who can carry their products, dozens of independent sales reps who can land sales for Eqova as well as thousands in sales ready to book to GRCK’s income statement.
Eqova anticipates dominating the medical practitioner market with science-backed education and superior products that utilize standardized dosing & unique delivery methods. The exact measures medical professionals demand in order to use Full Spectrum Hemp Oil & CBD more widely in their practices.
Medical professionals do not want counter-culture brands with confusing labels and inconsistent servings in their practice. Eqova is the only company that solves this need for them. This also means Eqova’s products will be used under the care of a medical professionals -- which is one of the safer ways possible to distribute its products.
Eqova’s CEO, Patrick Stiles, is personally responsible for founding and growing more than one nutraceutical brand. His brands have sold millions of dollars in products online through a variety of channels. He is a leading expert in digital marketing, sales copywriting, branding and the nutritional supplement space.
Stiles will serve as President and Chief Executive Officer of Grey Cloak Tech and as a member of the Company’s board of directors. Former CEO, Fred Covely, will serve as the Company’s Chief Technology Officer. He will remain on the Board of Directors, and will continue to oversee the Company’s enterprise software platform.
Grey Cloak Tech acquired Eqova in an all-stock transaction where the shareholders of Eqova received shares of Grey Cloak Tech’s Series A Convertible Preferred Stock in exchange for all the stock of Eqova. Half of the preferred stock received by the former shareholders of Eqova is immediately vested and the other half will vest no earlier than three months and after Eqova achieves a certain level of sales. If vested in full, the former shareholders of Eqova will be able to convert their preferred shares into 66% of Grey Cloak Tech’s outstanding common stock.
Stiles stated, “Today consumers are smarter than ever before. They demand superior products but also want it backed up with education. The days of empty promises are over. This is why we exclusively partner with medical professionals to bring our full spectrum hemp oil products to their patients.”
Stiles continued, “Now that have merged with GRCK, the possibilities for us in the CBD space are endless. Eqova will just be the beginning. We will have the flexibility to enter many other segments of the industry.”
8k out
Ascm taking a beating haha
Fun stock to trade. Easy $
Agreed, SR seems excited about this Q. He didn’t really do that with the last financials. He knows something good is coming imo
He’s talking about another ticker that ran this week and dropped. With how tight the float is here, any volume will create a huge swing up or down. We saw that today, volume on restlessness and other otc runners.
I’m thinking when the super 8k drops, showing a profitable 7+ million revenue Spectrum King, the pps will be much much higher. This could go too 001 and I wouldn’t be worried. Spectrum King Lights are up there with the best in the industry and their close relationship with Cree is even better.
.10 will be here very soon imo
Lol the entire US gov is an insider enrichment scheme. What’s your point??
It’s already double 0 haha but gltu I’ll wait til the merger completes, which in the 8k states within 60 days. It’s been 30
Just stating facts. Feel free to refute them with facts
Lol the company isn’t even pumping the merger. All they’ve done is file an 8k with the sec lmao how does that constitute a scam? They haven’t even PR’d it hahahaha nice try
There has been zero dilution. Shares in the merger will be restricted. Read up on APO’s
Anyone who can read a chart will agree no dilution here lol
no sellers, undervalued. No buyers, under informed.
Lol who dumped
I agree and with a Bank of America former senior VP, you know that PIPE will not be an issue.
Some like to spread fake news, thanks for keeping it real btkv
Within 30 days according to the binding memorandum of understanding
I guess your love/hate relationship with omvs just baffles me. Keep doin what you do tho
What's really impressive is how often you post here. You post more than bux haha. That's like hating the Cleveland Browns but avidly watching every single game. Pathetic
Yep, 01 to 05 will happen fast with the super 8k
Haha my 01's filled. Cant wait to see those financials for Spectrum King
I'm patient. I can wait for the %200+ day that's coming. I'm sure others are quietly adding as well