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http://www.otcmarkets.com/stock/GRCU/financials
LOSSES EVERY QUARTER
NO NEWS NO WORD NO FB NO NOTHING FROM COMPANY
THIS IS A COMPANY SO BROKE THEY CANT EVEN PROMOTE THEIR PRODUCT
THEY CANT EVEN AFFORD A MANAGEMENT TEAM
THIS IS DEAD MONEY
CONVINCING PEOPLE TO BUY THIS IS A BAD MOVE
THIS WILL HEAD BACK TO TRIPS ONCE THE INVESTORS TURN ON THE SELLING
AS FAST AS IT GOES UP IT CAN COME DOWN
SOME WILL LEARN THE HARD WAY
BE SMART
SELL NO NEWS NO REVENUE REVERSE SPLIT SELLING SHARES TO RAISE CASH IS VERY POSSIBLE NEXT
CORPORATE UPDATE BELOW :
THIS IS IN NO WAY SHAPE OR FORM GOOD !!!
"WINNETKA, CA / ACCESSWIRE / May 19, 2015 / Green Cures & Botanical Distribution Inc. (PINKSHEETS: GRCU) ("Green Cures"), a cannabis and industrial hemp products innovator provided the following corporate update.
Update regarding previously announced merger
The Board of Directors of the Company has determined that it is in the best interests of the Company and its shareholders to postpone the previously announced merger with the Company's major controlling shareholder, Green Cures Inc., until further notice. At the present time, Green Cures & Botanical Distribution Inc., has an outstanding tax liability of approximately $30,000 for operations and business conducted throughout the year 2014 and the first quarter of 2015. Additionally, Green Cures & Botanical Distribution Inc., owes approximately $23,000 for legal services provided to the company through May 2015. The Company, and Green Cures Inc., have agreed that certain financing that was previously intended to be used for the financial auditing and legal services for Green Cures Inc., will be assigned to Green Cures & Botanical Distribution Inc., to pay the balances that are owed to the corresponding Government agencies and service providers.
Status of CBD derived products on Amazon.com
Amazon has made the decision to no longer allow merchants to sell their cannabinoids containing products via their ecommerce platform; therefore, CBD Tinctures by Green Cures are no longer available for sale through Amazon.com. CBD derived products labeled Green Cures can still be purchased online through www.allcbd.com and www.healthyhemp.com.
Clarification regarding the previous announcement about the discontinuation of Rico Suave
On April 15 2015, the company announced that it had decided to spin off its Rico Suave energy drink from the brands and products being marketed, distributed and sold by the Company.
By way of clarification and explanation, and in response to questions received by the Company, the Board of Directors of the Company determined that the significant marketing costs, personnel time and effort, and the increasing expenses needed for the expansion of the Rico Suave energy drink/supplement were not in conjunction with the core operations of the Company. After careful consideration, the Board of Directors of the Company concluded that successfully operating in the functional beverage industry likely would require the issuance of a significant amount of shares to financing sources and other lending institutions, and the Company would be subjected to financing terms which would have been detrimental to the value of the Company and its shareholders. As such, and as previously announced, the Company's Board of Directors has determined that at this time, the Company will no longer incur further time or expenses in connection with the development, manufacturing, marketing, branding, or sales of the Rico Suave line of energy drinks or supplements.
As previously disclosed in the Company's filed reports, the Company held the exclusive rights to the marketing, distribution, and sale of products labeled Rico Suave pursuant to a license agreement. The intellectual property of Rico Suave, including but not limited to brand, logo, concepts, and rights to use that intellectual property, are owned by the founder of Green Magic and Green Cures, and were licensed to the Company for its use and development. Following the determination of the Company's Board of Directors to discontinue the Rico Suave line at this time, the Company and the owner of the intellectual property likely will suspend or terminate the license agreement, and the registered mark will be transferred to the brand owner. All expenses and fees associated to the product labeled Rico Suave, including but not limited to marketing and manufacturing, will not be added to the Company's liabilities, but will be borne by the brand owner.
Previously announced dividends
The Company is also providing an update on the previously announced distribution of the shares of common stock of another publicly traded company, Formosa Liberty Corporation, formerly, Privileged World Travel Club, Inc., to Stockholders of the Company. Management is still working to determine the best time and methods to make such a distribution, while balancing factors involved, including the costs and time required for undertaking such a distribution transaction, the performance of Formosa Liberty Corporation in the market and more. Management of the company will provide updated information relating to the distribution of these shares in the future.
The company will provide additional updates as they become available.
About Green Cures & Botanical Distribution Inc.: Green Cures & Botanical Distribution Inc. is a development stage company that retails and wholesales hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc. operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc. is continuously creating and introducing products that promote a healthy life style.
www.gcbdinc.com
FDA Statement: The statements contained in this document have not been evaluated or approved by the FDA. The products and statements referenced in this document are not intended to diagnose, treat, cure, or prevent any disease.
Forward-looking statement: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements are identified by wording such as "scheduled (future sense)," "intend(s)," "plan(s)," "expect(s)," "believe(s)," "will," "estimate(s)," "anticipate(s)," "expect(s)," "may," "would," "could" or "should" or, in each case, the negative thereof, other variations thereon, or comparable terminology that implies anticipated future deliverables. The Company disclaims any obligation or intention to update any forward-looking statement for any reason.
HERE ARE FACTS
WOW
I'm as amazed as you at how management is handling this
BECAUSE AT THE MOMENT MANAGEMENT IS CLOSE TO NON EXISTENT
My point is
Go to OTC MARKET
TYPE IN GRCU
CLICK FINANCIALS
YOU WILL SEE A $67,000 LOSS FOR THE QUARTERLY FROM MARCH 2015
LOSSES EVERY QUARTER WOW !!!
INTHERED!!!!
SO YOU PROVIDED NO FACTS EVERYTHING IN YOUR LAST STATEMENT WAS OPINION
PLEASE SIT DOWN LET THE REAL SLIM SHADY STAND UP
BRING SOMEONE ON MY LEVEL NOT PEOPLE SPEWING OPINION
HERE ARE FACTS
WOW
I'm as amazed as you at how management is handling this
BECAUSE AT THE MOMENT MANAGEMENT IS CLOSE TO NON EXISTENT
My point is
Go to OTC MARKET
TYPE IN GRCU
CLICK FINANCIALS
YOU WILL SEE A $67,000 LOSS FOR THE QUARTERLY FROM MARCH 2015
LOSSES EVERY QUARTER WOW !!!
INTHERED!!!!
Correction BIG MOVE DOWN
NO NEWS
NO REVENUES
NO COMMUNICATION FROM COMPANY
NO TRANSPARENCY
NO NO NO
BE CAREFUL
HELLO I ASKED A DIRECT QUESTION STOP AVOIDING IT
YOU SPEAK OF DUE DILIGENCE
DROP SOME KNOWLEDGE THERE IS NOTHING HAPPENING WITH THIS STOCK
THIS IS A HYPE THAT WILL FALL BACK TO TRIPS ONCE EVERYONE REALIZES NO NEWS IS COMING AS YET
MANAGEMENT IN SHAMBLES
Help them
Provide some information. Lmao
So what your saying is you back your statements up with no FACTS
TALK TO ME WITH FACTS THAT SHOW THIS STOCK IN A POSITIVE LIGHT OR DONT REPLY
BECAUSE OBVIOUSLY THIS STOCK HAS NOTHING!!
That's actually not correct
With no news and no revenue and no transparency at from management this cannot be sustained
I claim to be right and this is moving up
Next leg up comes with audited financials
Ahh THE NO NEWS NO REVENUE NO NOTHING CREW
DOESNT IT FEEL GREAT!!
BUY SIGNAL
LOAD YOUR ACCOUNTS
RISE IS STARTING
CORRECT
AUDITED FINANCIALS
MORE BUYBACKS
AND DAILY SHOWS ARE WHATS COMING
Promoting RICO ON ZERO BUDGET
THAT WOULD EXPLAIN THE LACK OF MOVEMENT AS FAR AS NEWS AND REVENUE
OR MANAGEMENT !!!!
LOSSES EVERY QUARTER
I PREACH THE TRUTH
CHECK OTC MARKETS
LOSSES EVERY SINGLE QUARTER
MAINLY BECAUSE THERE IS NO REASON FOR THE RISE AS IVE BEEN PREACHING
NO NEWS
NO REVENUES
Headed back down
Ahhh you have so many opinions
Let me tell you some FACTS
NO NEWS
LOSSES EVERY QUARTER
THE ONLY PLACE THIS IS HEADED IS BACK TO TRIPS
CORRECT HARRY
AUDITED FINANCIALS
MORE BUYBACKS
AND DAILY SHOWS ARE WHATS COMING
THE SURPRISE WILL BE HOLDING A BAG OF NOTHING
WHEN THIS DROPS TO .0005
Correction BIG MOVE DOWN
NO NEWS
NO REVENUES
NO COMMUNICATION FROM COMPANY
NO TRANSPARENCY
NO NO NO
BE CAREFUL
WHICH MEANS NOTHING
SINCE THE COMPANY HAS
-No REVENUES
-NO NEWS
- MANAGEMENT IS IN SHAMBLES
-THERE IS NO CASH FLOW!!!!!
THIS WAS SUCH A PROFESSIONAL POST WITH GREAT TECHNICAL ANALYSIS
WITH NO REVENUES
NO NEWS
NO TRANSPARENCY OF ANY SORT FROM THIS COMPANY
THIS HAS NO WHERE TO GO BUT DOWN!!!
Thank you for avoiding my last post to you as well
I know there are no answers for what this company is at this point
Management in shambles
THE SURPRISE IS NOTHING HAPPENED
PEOPLE JUST BOUGHT THIS STOCK AT A MUCH HIGHER PRICE THAN THEY SHOULD HAVE
WITH NO SUBSTANTIAL EVIDENCE
OF ANYTHING
LAST WEEK POSTERS WERE SO EXCITED FOR NEWS NEWS NEWS TODAY
BUT SADLY NOTHING
DO YOU KNOW WHY BECAUSE THE COMPANY HAS NO REVENUE
AND MANAGEMENT IS IN SHAMBLES
CORRECT!!!
THAT IS A STATEMENT THAT CAN BE USED TO STRING PEOPLE ALONG
NOTHING IS COMING
THIS COMPANY IS DEAD AS A DOORNAIL
CHECK OUT THE LOSSES ON THE FINANCIALS
This is CORRECT
EXACTLY WHAT IS HAPPENING
DO NOT BE SWAYED BY PEOPLE SAYING NEWS IS COMING
COMING CAN TAKE AN ETERNITY ESPECIALLY WITH NO TRANSPARENCY FROM THE COMPANY
THIS IS BLEED BACK DOWN
THE WHITE SOLDIER NOT THE WHITE SOLDIER
WITH NO NEWS
THERE IS NO REASON FOR THE RISE SO WHY BUY
NOTHING IS GOING ON
PEOPLE ARE BUYING BLIND
SELL NO NEWS NO REVENUE REVERSE SPLIT SELLING SHARES TO RAISE CASH IS VERY POSSIBLE NEXT
CORPORATE UPDATE BELOW :
THIS IS IN NO WAY SHAPE OR FORM GOOD !!!
"WINNETKA, CA / ACCESSWIRE / May 19, 2015 / Green Cures & Botanical Distribution Inc. (PINKSHEETS: GRCU) ("Green Cures"), a cannabis and industrial hemp products innovator provided the following corporate update.
Update regarding previously announced merger
The Board of Directors of the Company has determined that it is in the best interests of the Company and its shareholders to postpone the previously announced merger with the Company's major controlling shareholder, Green Cures Inc., until further notice. At the present time, Green Cures & Botanical Distribution Inc., has an outstanding tax liability of approximately $30,000 for operations and business conducted throughout the year 2014 and the first quarter of 2015. Additionally, Green Cures & Botanical Distribution Inc., owes approximately $23,000 for legal services provided to the company through May 2015. The Company, and Green Cures Inc., have agreed that certain financing that was previously intended to be used for the financial auditing and legal services for Green Cures Inc., will be assigned to Green Cures & Botanical Distribution Inc., to pay the balances that are owed to the corresponding Government agencies and service providers.
Status of CBD derived products on Amazon.com
Amazon has made the decision to no longer allow merchants to sell their cannabinoids containing products via their ecommerce platform; therefore, CBD Tinctures by Green Cures are no longer available for sale through Amazon.com. CBD derived products labeled Green Cures can still be purchased online through www.allcbd.com and www.healthyhemp.com.
Clarification regarding the previous announcement about the discontinuation of Rico Suave
On April 15 2015, the company announced that it had decided to spin off its Rico Suave energy drink from the brands and products being marketed, distributed and sold by the Company.
By way of clarification and explanation, and in response to questions received by the Company, the Board of Directors of the Company determined that the significant marketing costs, personnel time and effort, and the increasing expenses needed for the expansion of the Rico Suave energy drink/supplement were not in conjunction with the core operations of the Company. After careful consideration, the Board of Directors of the Company concluded that successfully operating in the functional beverage industry likely would require the issuance of a significant amount of shares to financing sources and other lending institutions, and the Company would be subjected to financing terms which would have been detrimental to the value of the Company and its shareholders. As such, and as previously announced, the Company's Board of Directors has determined that at this time, the Company will no longer incur further time or expenses in connection with the development, manufacturing, marketing, branding, or sales of the Rico Suave line of energy drinks or supplements.
As previously disclosed in the Company's filed reports, the Company held the exclusive rights to the marketing, distribution, and sale of products labeled Rico Suave pursuant to a license agreement. The intellectual property of Rico Suave, including but not limited to brand, logo, concepts, and rights to use that intellectual property, are owned by the founder of Green Magic and Green Cures, and were licensed to the Company for its use and development. Following the determination of the Company's Board of Directors to discontinue the Rico Suave line at this time, the Company and the owner of the intellectual property likely will suspend or terminate the license agreement, and the registered mark will be transferred to the brand owner. All expenses and fees associated to the product labeled Rico Suave, including but not limited to marketing and manufacturing, will not be added to the Company's liabilities, but will be borne by the brand owner.
Previously announced dividends
The Company is also providing an update on the previously announced distribution of the shares of common stock of another publicly traded company, Formosa Liberty Corporation, formerly, Privileged World Travel Club, Inc., to Stockholders of the Company. Management is still working to determine the best time and methods to make such a distribution, while balancing factors involved, including the costs and time required for undertaking such a distribution transaction, the performance of Formosa Liberty Corporation in the market and more. Management of the company will provide updated information relating to the distribution of these shares in the future.
The company will provide additional updates as they become available.
About Green Cures & Botanical Distribution Inc.: Green Cures & Botanical Distribution Inc. is a development stage company that retails and wholesales hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc. operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc. is continuously creating and introducing products that promote a healthy life style.
www.gcbdinc.com
FDA Statement: The statements contained in this document have not been evaluated or approved by the FDA. The products and statements referenced in this document are not intended to diagnose, treat, cure, or prevent any disease.
Forward-looking statement: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements are identified by wording such as "scheduled (future sense)," "intend(s)," "plan(s)," "expect(s)," "believe(s)," "will," "estimate(s)," "anticipate(s)," "expect(s)," "may," "would," "could" or "should" or, in each case, the negative thereof, other variations thereon, or comparable terminology that implies anticipated future deliverables. The Company disclaims any obligation or intention to update any forward-looking statement for any reason.
OUTSTANDING DUE DILIGENCE
THIS COMPANY HAS NO REVENUE AND NO NEWS FOR MONTHS
ITS GOING TO GO DARK IN HERE IF MANAGEMENT DOESNT SPEAK UP
TRANSPARENCY IS KEY
WOW
I'm amazed at how management is handling this TERRIBLE
Now these filings don't help the situation because they are irrelevant
My point is
Go to OTC MARKET
TYPE IN GRCU
CLICK FINANCIALS
YOU WILL SEE A $67,000 LOSS FOR THE QUARTERLY FROM MARCH 2015
WOW !!!
INTHERED!!!!
SIR YOU CANNOT BE MORE INCORRECT
PLEASE PEOPLE READ THE ARTICLE MAKE YOUR OWN INFORMED DECISION INSTEAD OF LISTENING TO VIEWPOINTS
CASH FLOW MAY BE THAT REASON
Without the capital they cannot do anything
A failed idea is a failed idea
Company may not want to cut losses for a variety of reasons but that in turn will end up hurting investors
Especially with the lack of transparency
SELL NO NEWS NO REVENUE REVERSE SPLIT SELLING SHARES TO RAISE CASH IS VERY POSSIBLE NEXT
CORPORATE UPDATE BELOW :
THIS IS IN NO WAY SHAPE OR FORM GOOD !!!
"WINNETKA, CA / ACCESSWIRE / May 19, 2015 / Green Cures & Botanical Distribution Inc. (PINKSHEETS: GRCU) ("Green Cures"), a cannabis and industrial hemp products innovator provided the following corporate update.
Update regarding previously announced merger
The Board of Directors of the Company has determined that it is in the best interests of the Company and its shareholders to postpone the previously announced merger with the Company's major controlling shareholder, Green Cures Inc., until further notice. At the present time, Green Cures & Botanical Distribution Inc., has an outstanding tax liability of approximately $30,000 for operations and business conducted throughout the year 2014 and the first quarter of 2015. Additionally, Green Cures & Botanical Distribution Inc., owes approximately $23,000 for legal services provided to the company through May 2015. The Company, and Green Cures Inc., have agreed that certain financing that was previously intended to be used for the financial auditing and legal services for Green Cures Inc., will be assigned to Green Cures & Botanical Distribution Inc., to pay the balances that are owed to the corresponding Government agencies and service providers.
Status of CBD derived products on Amazon.com
Amazon has made the decision to no longer allow merchants to sell their cannabinoids containing products via their ecommerce platform; therefore, CBD Tinctures by Green Cures are no longer available for sale through Amazon.com. CBD derived products labeled Green Cures can still be purchased online through www.allcbd.com and www.healthyhemp.com.
Clarification regarding the previous announcement about the discontinuation of Rico Suave
On April 15 2015, the company announced that it had decided to spin off its Rico Suave energy drink from the brands and products being marketed, distributed and sold by the Company.
By way of clarification and explanation, and in response to questions received by the Company, the Board of Directors of the Company determined that the significant marketing costs, personnel time and effort, and the increasing expenses needed for the expansion of the Rico Suave energy drink/supplement were not in conjunction with the core operations of the Company. After careful consideration, the Board of Directors of the Company concluded that successfully operating in the functional beverage industry likely would require the issuance of a significant amount of shares to financing sources and other lending institutions, and the Company would be subjected to financing terms which would have been detrimental to the value of the Company and its shareholders. As such, and as previously announced, the Company's Board of Directors has determined that at this time, the Company will no longer incur further time or expenses in connection with the development, manufacturing, marketing, branding, or sales of the Rico Suave line of energy drinks or supplements.
As previously disclosed in the Company's filed reports, the Company held the exclusive rights to the marketing, distribution, and sale of products labeled Rico Suave pursuant to a license agreement. The intellectual property of Rico Suave, including but not limited to brand, logo, concepts, and rights to use that intellectual property, are owned by the founder of Green Magic and Green Cures, and were licensed to the Company for its use and development. Following the determination of the Company's Board of Directors to discontinue the Rico Suave line at this time, the Company and the owner of the intellectual property likely will suspend or terminate the license agreement, and the registered mark will be transferred to the brand owner. All expenses and fees associated to the product labeled Rico Suave, including but not limited to marketing and manufacturing, will not be added to the Company's liabilities, but will be borne by the brand owner.
Previously announced dividends
The Company is also providing an update on the previously announced distribution of the shares of common stock of another publicly traded company, Formosa Liberty Corporation, formerly, Privileged World Travel Club, Inc., to Stockholders of the Company. Management is still working to determine the best time and methods to make such a distribution, while balancing factors involved, including the costs and time required for undertaking such a distribution transaction, the performance of Formosa Liberty Corporation in the market and more. Management of the company will provide updated information relating to the distribution of these shares in the future.
The company will provide additional updates as they become available.
About Green Cures & Botanical Distribution Inc.: Green Cures & Botanical Distribution Inc. is a development stage company that retails and wholesales hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc. operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc. is continuously creating and introducing products that promote a healthy life style.
www.gcbdinc.com
FDA Statement: The statements contained in this document have not been evaluated or approved by the FDA. The products and statements referenced in this document are not intended to diagnose, treat, cure, or prevent any disease.
Forward-looking statement: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements are identified by wording such as "scheduled (future sense)," "intend(s)," "plan(s)," "expect(s)," "believe(s)," "will," "estimate(s)," "anticipate(s)," "expect(s)," "may," "would," "could" or "should" or, in each case, the negative thereof, other variations thereon, or comparable terminology that implies anticipated future deliverables. The Company disclaims any obligation or intention to update any forward-looking statement for any reason.
BUY SIGNAL
The show will begin once audited financials are out
This stock will start heading up
Next week
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