Looking to be GREEN in 2017!!!
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THIS IS CORRECT !!!!
BUY SIGNAL ONCE YOU GO GREEN YOU NEVER GO BACK !!!!!
MASSIVE SHARE BUYBACK.
READ BELOW
"PotNetwork Holdings Inc. Executes Private Transaction to Buyback 430 Million Shares
Marketwired
In Accordance With the Company's Strategy to Fortify Its Stock Structure, a Repurchase Has Been Completed, Certificates Returned to Treasury, and Retired
July 23, 2015: 09:15 AM ET
United Treatment Centers, Inc. (OTC PINK: UTRM) is pleased to announce that the Company has concluded negotiations and repurchased 430 Million shares of the Company's common stock, in a private transaction that will further substantially reduce outstanding shares held by former shareholders.
In conjunction with PotNetwork Holdings Inc.'s recent rebranding initiative, this is the next step toward the Company's plan to clean up the stock structure. "Theoretically, the reduction of outstanding shares in the marketplace should increase the value of the remaining stock, based on the basic law of supply and demand. If earnings remain unchanged, the Company's Earnings per Share should be positively affected, and that is a powerful motivator for us," stated: Steve Buckner, Chief Executive Officer of PotNetwork Holding Incorporated.
The convertible note holder has surrendered the certificates, and the 430 million shares have now been retired.
Richard Volpe, Chief Executive Officer of PotNetwork Inc., stated: "While we are passionate about the impact we intend to make in the marijuana industry through technology, we are keenly aware that the true value of a company in the financial market, is the profit margins it will create for its shareholders over the span of its existence. We believe that this effort to tighten up the stock structure is going to translate into growing shareholder confidence as it reflects our deep desire for fundamental growth."
The company recently announced that it had officially changed its name to PotNetwork Holdings Incorporated. In conjunction with the corporate name change, the company's common stock will continue trading under the newly appointed ticker symbol "POTN", effective July 24, 2015. This rebranding initiative is the Company's latest achievement in its determination to cleanse the Company of its former condition; an entity lacking in revenues, beset with a stigma of unaccountability, and lack of performance. In contrast, as also recently announced, PotNetwork Holdings Inc.'s wholly owned subsidiary, Sunrise Auto Mall, has reported its unaudited quarterly sales performance figures for the second quarter of 2015. Revenues reveal that the dealership has generated record gross sales of $1,902,549.00, indicating that the Company has developed a robust and continuously thriving business model.
PotNetwork Holdings Inc.: Potnetwork Holdings Incorporated is a publically traded Company with two wholly owned subsidiaries, PotNetwork Inc. and Sunrise Auto Mall Inc. PotNetwork Inc. is positioned to be the premier worldwide news and content provider for the Cannabis industry, and is developing into a 24/7 network. The network plans to achieve global reach by utilizing streaming video broadcasting technologies. Sunrise Auto Mall, Inc. is a first-rate pre-owned auto dealership, launched in June of 2014, as an operation geared toward enabling people challenged with bad or no credit in securing quality transportation while simultaneously rebuilding the client's credit. The company has developed a highly profitable business model around the continually rising subprime lending industry.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise. "
WHICH MEANS WHAT WITH NO NEWS THAT MEANS ITS GOING BACK DOWN ONCE PEOPLE REALIZE NOTHING IS HAPPENING AND SELL SELL SELL!!!!
DO YOU HAVE PUBLIC INFORMATION OR SOME TYPE OF REASONING BEHIND THINKING THIS IS GOING UP
I WAS AN INVESTOR IN TTD* but since revisiting this new board it looks much different
And doesn't seem as if much to go on here except hope
But hope can lose investors money especially at this price
Once selling pressure is turned on this can sink fast if panic ensues because there really is not a clear path
Yes they have an energy drink but an idea no sales no sign ons
No events
Website is quite easy to design as well
Here is link
https://ricosuave.us
LOOK AT THE LAST 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.
SOURCE: Green Cures & Botanical Distribution Inc.
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved."
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
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!!!!
HOW CAN YOU SAY A PENNY STOCK WILL GO UP WITHOUT NEWS
ARE YOU HOPEFUL
AS FAST AS THIS HYPE MOVES THE STOCK UP IT CAN BRING IT RIGHT BACK DOWN just as fast
So you are saying by some force of nature the price will inflate
And not reduce because we are hopeful
GREAT MATERIAL AND DUE DILIGENCE
ESPECIALLY BECAUSE NO REVENUE. THERE WERE LOSSES EVERY QUARTER
PEOPLE THAT HAVENT LEARNED A LESSON HAVENT LOST MONEY
I AM HERE TO HELP MAKE INVESTORS AWARE THAT THIS IS NOT A SOLID INVESTMENT AT THIS PPS
PENNY STOCKS ARE NEVER SOLID INVESTMENTS BUT THERE IS ALWAYS A POINT THEY BECOME ATTRACTIVE
THIS IS NOT THAT POINT
ESPECIALLY WITH NO TIME FRAME FOR ANNOUNCEMENTS
THIS IS THE BEGINNING OF THE SLOW DROP BACK TO TRIPS IF NOTHING HAPPENS
WHICH MEANS WHAT WITH NO NEWS THAT MEANS ITS GOING BACK DOWN ONCE PEOPLE REALIZE NOTHING IS HAPPENING AND SELL SELL SELL!!!!
DO YOU HAVE PUBLIC INFORMATION OR SOME TYPE OF REASONING BEHIND THINKING THIS IS GOING UP
I WAS AN INVESTOR IN TTD* but since revisiting this new board it looks much different
And doesn't seem as if much to go on here except hope
But hope can lose investors money especially at this price
Once selling pressure is turned on this can sink fast if panic ensues because there really is not a clear path
Yes they have an energy drink but an idea no sales no sign ons
No events
Website is quite easy to design as well
Here is link
https://ricosuave.us
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.
SOURCE: Green Cures & Botanical Distribution Inc.
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved."
HOW CAN YOU SAY A PENNY STOCK WILL GO UP WITHOUT NEWS
ARE YOU HOPEFUL
AS FAST AS THIS HYPE MOVES THE STOCK UP IT CAN BRING IT RIGHT BACK DOWN just as fast
So you are saying by some force of nature the price will inflate
And not reduce because we are hopeful
GREAT MATERIAL AND DUE DILIGENCE
ESPECIALLY BECAUSE NO REVENUE. THERE WERE LOSSES EVERY QUARTER
My point is and I do have VALID POINTS OR I WOULDNT POST SINCE THIS IS PUBLIC INFORMATION
Go to OTC MARKET
TYPE IN GRCU
CLICK FINANCIALS
YOU WILL SEE A $67,000 LOSS FOR THE QUARTERLY FROM MARCH 2015
WOW !!!
INTHERED!!!!
So ARE DOUBTING THE COMPANIES CORPORATE UPDATE
THAT IS RELEVANT INFORMATION
NOT "OPINION "
Plus that is the most recent corporate update to date and it is not great news
WHY DOES THE POST UP THERE HAVE A STICKY WHEN TALKING ABOUT OPINION
IT SAYS IMO WHICH IS IN MY OPINION
SO MANY TIMES
WOW!!!!
It does deserve a sticky, those that know the truth here WILL BE PROVEN CORRECT
UPTREND CANNOT BE SUSTAINED WITH NOTHING TO GO ON
INVESTORS WILL SELL ONCE NO SIGN OR PRESS RELEASE THAT IS POSITIVE FROM THE COMPANY
THE LAST RELEASE WASNT GREAT NEWS
IF THIS RELEASE IS ALSO NOT GREAT
THIS IS HEADING BACK TO TRIPS
WITH NO NEWS THAT IS A DEFINITE
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!!!!
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
WHICH MEANS WHAT WITH NO NEWS THAT MEANS ITS GOING BACK DOWN ONCE PEOPLE REALIZE NOTHING IS HAPPENING AND SELL SELL SELL!!!!
DO YOU HAVE PUBLIC INFORMATION OR SOME TYPE OF REASONING BEHIND THINKING THIS IS GOING UP
I WAS AN INVESTOR IN TTD* but since revisiting this new board it looks much different
And doesn't seem as if much to go on here except hope
But hope can lose investors money especially at this price
Once selling pressure is turned on this can sink fast if panic ensues because there really is not a clear path
Yes they have an energy drink but an idea no sales no sign ons
No events
Website is quite easy to design as well
Here is link
https://ricosuave.us
LOOK AT THE LAST 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.
SOURCE: Green Cures & Botanical Distribution Inc.
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved."
HOW CAN YOU SAY A PENNY STOCK WILL GO UP WITHOUT NEWS
ARE YOU HOPEFUL
AS FAST AS THIS HYPE MOVES THE STOCK UP IT CAN BRING IT RIGHT BACK DOWN just as fast
So you are saying by some force of nature the price will inflate
And not reduce because we are hopeful
GREAT MATERIAL AND DUE DILIGENCE
ESPECIALLY BECAUSE NO REVENUE. THERE WERE LOSSES EVERY QUARTER
YELLOW STICKY PLEASE
This is a fair statement
Agreed with no action or move by the management team this can bleed down to where it was
When OTC stocks do that usually the second time with real news doesn't go as well
It's a crying wolf analogy
Quarterly FINANCIALS
181,000 PROFIT
http://www.otcmarkets.com/stock/POTN/financials#
WHICH MEANS WHAT WITH NO NEWS THAT MEANS ITS GOING BACK DOWN ONCE PEOPLE REALIZE NOTHING IS HAPPENING AND SELL SELL SELL!!!!
DO YOU HAVE PUBLIC INFORMATION OR SOME TYPE OF REASONING BEHIND THINKING THIS IS GOING UP
I WAS AN INVESTOR IN TTD* but since revisiting this new board it looks much different
And doesn't seem as if much to go on here except hope
But hope can lose investors money especially at this price
Once selling pressure is turned on this can sink fast if panic ensues because there really is not a clear path
Yes they have an energy drink but an idea no sales no sign ons
No events
Website is quite easy to design as well
Here is link
https://ricosuave.us
LOOK AT THE LAST 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.
SOURCE: Green Cures & Botanical Distribution Inc.
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved."
That would be insider trading
Are you saying there are people on this board that know information that is not publicly available to all shareholders
Since that is NOT THE CASE
THEY GO UP WITH NEWS OR HYPE
HERE THERE IS NONE
DO YOU KNOW WHY?
BECAUSE MANAGEMENT IS NOT KEEP US UPDATED !!!!!!
I PREACH THE TRUTH
EVERYONE READ THIS POST
HOW CAN YOU SAY A PENNY STOCK WILL GO UP THIS WEEK WITHOUT NEWS
ARE YOU HOPEFUL
AS FAST AS THIS HYPE MOVES THE STOCK UP IT CAN BRING IT RIGHT BACK DOWN just as fast
So you are saying by some force of nature the price will inflate
And not reduce because we are hopeful
GREAT MATERIAL AND DUE DILIGENCE
ESPECIALLY BECAUSE NO REVENUE. THERE WERE LOSSES EVERY QUARTER
What makes you say that when they HAVE NO REVENUE, no real product
No transparency from the company
What at the current moment could motivate you to say that 3 ticks up
This is going back to trips MARK THIS
CORRECTION BUT THIS IS NOT EVEN A GOOD CORPORATE UPDATE THIS IS NOTHING FOR A STOCK TO GO UP ABOUT !!!
" Green Cures & Botanical Distribution Inc. Provides Corporate Update
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.
SOURCE: Green Cures & Botanical Distribution Inc.
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved."
ACTUALLY
SINCE YOU LIKE OTCMARKETS
I WILL USE YOUR PREFERRED SOURCE
GO TO OTC MARKETS
TYPE IN GRCU
CLICK NEWS
YOU DONT SEE THAT PRESS RELEASE
WOW!!! THATS AMAZING !!!!
Here's the link
http://www.otcmarkets.com/stock/GRCU/news
SIR STOP SAYING WOW
I'm as amazed as you at how management is handling this
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!!!!
LAST CORPORATE UPDATE 1/15/2015
Thank you for posting it
All the rest is energy drink
Where is the transparency
Also two of these is "analyst coverage"
Not press release
IVE SEEN THESE
I RESPONDED TO THE STICKY SO OBVIOUSLY I KNOW WHAT IT SAYS
ALSO YOU TOLD ANOTHER POSTER IN A POST
PROVE THIS IS NOT A SCAM
***DO YOU HAVE PROOF ITS NOT A SCAM?
Such as REVENUE
THOSE PRess releases you so proudly display majority are about this energy drink which is NOT PROFITABLE
WHEN I SAY NO PRS SINCE ABOUT JANUARY
I MEAN NO PRESS RELEASES THAT ADDRESS THE ACTUAL COMPANY AS A WHOLE
ALSO THIS WILL DROP BACK INTO TRIPS ONCE PEOPLE REALIZE THERE IS NOTHING BEHIND THIS
THERE IS NO REAL ACTIVITY
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
You seem to have roughly the correct view In my opinion based upon the analysis of where this stock company and management stand
This can go to Zero as shark tank says
THERE STILL ARE NO PRESS RELEASES
SOMETHING IS WRONG HERE
THERE MUST BE A REASON
SHARE STRUCTURE ?
REVENUE ?
Does someone know the revenues for this company
Maybe they have no activity because of lack of capital
In the events section there is a "upcoming" arm wrestling contest
This is not the greatest image
No solid response from the company in quite some time
Darkness no transparency
If they wanted to promote this product they should have multiple events scheduled by now
And really pushing
DO YOU HAVE PUBLIC INFORMATION OR SOME TYPE OF REASONING BEHIND THINKING THIS IS GOING UP
I WAS AN INVESTOR IN TTD* but since revisiting this new board it looks much different
And doesn't seem as if much to go on here except hope
But hope can lose investors money especially at this price
Once selling pressure is turned on this can sink fast if panic ensues because there really is not a clear path
Yes they have an energy drink but an idea no sales no sign ons
No events
Website is quite easy to design as well
Here is link
https://ricosuave.us
Also I do know about this stock for over a year now so I know about this stock
But I just don't see much transparency from this company
This price will fall once the buyers that pushed this up realize
There is no steam on the train
-NO PR's at least not any that are not opinionated
- The last PUBLIC RELEASE OF INFO from this company was around January
Social media does not have merit if the information was not also released
This STOCK if you go to Google type
"GRCU" and click NEWS
-THERE REALLY IS NOTHING TO GO ON HERE