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Never is a long time, but never happen. GRCU has another concern of more immediacy and that is the filing of their Q1 report. They are already 1 day beyond their anticipated date of 5/19. If they'd like to avoid yet more trauma to the PPS and investor sentiment, as well as a Yield or Stop sign, they better get their behinds in gear and file them ASAP.
They'll dig one up eventually, its just a matter of where the PPS will be sitting by the time that happens. More than likely here, or lower. If it's someone in the industry with some hops, it'll have a chance to move. If its someone in the industry with hops and a free leash, it'll move harder. Maybe when Cruz realizes he does have a company to run before his next house closing, it'll have a chance. JMO
Actually they had it as a goal for 2015, not sure it was for the 1st Q? If so, just another misfire out of several, but you are correct. Audited fins would offer validity and I'm not sure they're capable of offering that right now.
Nothing. The stock has been supressed. It bottomed out with loading at lower levels. Looks like the MMs are releasing the reigns a bit as demand grows. The company has been solid in following the rules, they really aren't in too much trouble with toxicity and fresh investors may be seeing it as an opportunity for a small run. Guess we will see the direction once fins drop and if there is additional updates.
Perhaps, and perhaps you'll be wrong. Doesn't matter either way to me.
.049 was the hype. If you believe plans are in place, and indications from the company through brief conversations with some longs is they have a long-term plan, then sit tight. OTC markets are cyclical. What goes around comes around. Infrastructure still exists for expansion. We've hit rock bottom, we've stabilized, we've established a floor, now let's see where it heads over the remainder of the year.
Long GRCU
ironguts. Still in and still holding around the same number of shares as you. I have no immediate plans to dump as I don't need the capital loss. I was prepared for it initially when I went in with Green Cures, so the loss, if it happens, is already forgotten. I have no problem holding whether GRCU runs again or grounds to a halt. Either way, I'm comfortable. I've been in two very nice runs from sub penny to over one dollar which has set me up for simply buying a stock like Green Cures and tucking it away to see what happens. I have no time to invest in GRCU or other tickers in any other way. Trolling here is a hobby, not a living for me.
Nor have I made a connection. GRCU is simply one of several tickers I own in this sector. Some being higher and some much lower than GRCU. Unlike you perhaps, I believe success for this company or others may be possible. To discount that is short sighted at best.
You're not misunderstanding anything. I'd call Jones input negligible, yes. What remains to be seen is if this start up has any legs left. I hope so. We shall see.
I guess we'll continue to find that out. Can't be proud of the job done to date, but time still exists for the company and sector. How much remains to be seen.
I'm invested in the sector and diversified as well. Green Cures is one of several tickers I own. It is a larger holding, but I never, ever invest more than I am comfortable losing. Always a strong possibility in the OTC. Whatever happens with GRCU happens. My hope is up someday with the proper leadership. Time will tell. I'll be around to find out.
He accomplished zero and had zero vested shares. Zero in, zero out. Let's hope the next one has a little more
Relevance to the company and some experience in the industry.
Apparently somebody woke up at Green Cures. Trent Jones name is finally gone. It only took a week. Let's see if they can figure out how to turn the lights back on now.
Interesting find Rick. Pittera has experience with mergers and acquisitions as well as SEC filings. Perhaps things may advance a little with the intended GCI merger. Could get interesting.
http://www.jpitteralaw.com
I'd like to take a best, educated guess as to who the, "they" may be. Although uninvited, I'll assume they are David O, Gregory L., T. Jones, O. Cruz, M. Overby, J. Sanitizo, B. Craik and W. Osegueda. The back cracker is new to the share selling scheme, so he only has a few that he can dilute, if they've even matured yet? Orlando Cruz, probably contacted the T/A and had the register changed on the 21 million restricted which he needed to hold for a year and dumped them at 5. Although he needs to file to dump them and can only dump a certain % per month, they're probably long gone. The rest of those who hold vested shares have probably diluted already to perpetuate the major share selling scheme going on with Green Cures. Of course, we can't forget all of the recent slate of PRs to pump the stock through a penny and beyond to keep the pretense going. It's working great, to date. Or, perhaps, that tired old cut and paste has lost its flavor. Just a hunch.
It was mentioned earlier that operating expenses have gone up like it was a red flag. Let's get real folks. If operating expenses don't go up as a business expands, do yourself a favor and shut the front door. I would be much more concerned with an increase in GRCU OEs with a flat or decrease in revs. A double was reported and I expect over 100K next Q. Let's also be honest and hold them accountable to their most recent quarterly where it states that audited find are a 2015 priority. And please, spare me the history lesson. I can dredge up a cut and paste too.
GRCU
On Amazon of course.
Looks like Green Cures has picked up another seller for Rico Suave. Check out the third description of Rico Suave with the individual can. Notice.... By Rico. As well as a different price.
So much for the legitimacy of the competition, LOL. Better to step carefully through the minefield of the OTC.
Looks like we will be waiting in the 1s or lower. As long as we don't get the word out and as long as words don't equate to actions, we'll be staring up at the competition, which by the way is rocketing into orbit!
Let's try and figure that one out. Craik receives shares for salary. Twitter is free and FB and Instagram are just as free. They used a few models and snapped some Photos. Did they pay the girls for their ad service? Possibly, but certainly not to the tune of 68 grand. Can we add in the photographer who took the photos? Pushing it one would think. Guerrilla advertising? Costs associated? Are they doing flyers in CA? Printing costs? Can we make an assumption that the bandanas, t shirts and bumper stickers cost
Some money? They are certainly posing that they are giving them away. They may even sell them at some
Point. No shocker if that happens. Pre payments for upcoming promotional advertising? What about the strong man contest? Have they secured some ads for that? I'm sure there are some other little ancillary pieces of advertisig which could increase the cost, but to the tune of 68K? Regardless, with a full Q during the first Q with the inclusion of Rico 100K will not be a shocker nor will exceeding it by a bit. Add in a few more products, perhaps, mix in a few more locations for their drink and who knows. Opportunity still exists.
Seems Green Cures again reiterated that their products are made in the USA with some
materials coming from Canada and Europe. I missed where it said they were getting CBD from China?? That didn't seem to be in there. Wasn't that posited here ad naseum??
Very interesting to note that it keeps getting pointed out that the Green Cures promises of audited fins and merger, along with other goals not yet met is simple fluff to get investors "giddy" and buying the stock. If this were remotely the case and that was Green Cures intent, I'd think we'd see a little more fluctuation and upward movement in the PPS. Seems to me that the incompetent GRCU management can't even get their own pump right. Either that, or that simply isn't their intent. Perhaps they're just trying to start up a business and trade publicly in the cesspool of the OTC. Choose your own option and complete your own DD.
Nothing where we have to read that the books were cooked and they made up this number or that, although I'm certain it will be pointed out. Seems genuine. Always risks here, but the rewards can still be astronomical while accumulating down here. Plenty of fight left in this one.
Simply stated and simply put and probably the most realistic statement.
It wouldn't have mick. Green Cures will keep doing things without the guidance of our members here; and thankfully so. I guess some must think operating losses don't happen in start-ups? Pure fantasy. I was always under the impression that you gotta spend some money to make some money? But heck, what do I know??
Possibly could be a reason the extension was given. I didn't think of that. It sounds like a logical leap, but I won't guess. I do know that the priority was to get audited in 2015. Not for these fins, but for this year. I'm sure we'll hear its the standard stinky pinky promise and that would be accurate. However, since they're talking a year, and they're talking 2015, I'll give them 2015.
There is one thing. It appears they received an extension on a convertible note so it looks as if the new (and possible) conversion date is in June. Nice that we don't have to read, at least at this point, that the one note converted to another umpteen million shares.
We did hit that double of Q3 which was right in line with my expectations. I'm pleased that they came in higher than my conservative figure of 55-60K. On the surface, they do show some revenue growth. I am expecting over 100K for the end of Q1 report coming shortly. Not too bad. I'll allow the crew to start tearing into all of the negatives now.
With all the talk here, and negative sentiment, scam talk and histrionics, the nice thing is that Green Cures isn't listening. Nor should anyone expect them to start. Rico has expanded out to another 5 or 6 locations. I expect more and expect them to continue their operations. Whether people think its amateurish or not, is irrelevant. IMO.
Same response as previous poster. You're selling for GCBD? As of now Rico is not available in CO and NC/
What up bro. See you on the other side in a few weeks/months! We'll still be celebrating together when she runs Seahawks!
I hope they don't report that type of revenue. That would make it easy for you or anyone else to say GRCU was creating fantasy numbers, and I'd probably join the party. What you continue to fail to realize, or simply ignore, more likely, is GRCU has had a full quarter of product sales. They've sold 50 and 100mg tinctures and their e-liquids for a three month period. Many of the newer products at a higher cost as well. Even if, as you consistently point out, that only IHUB invesotrs are buying, which is probably more myth then reality, its still fair to think that they could double their meager 35K with three full months of multiple product sales.
If Green Cures had posted a ludicrous number last quarter you'd have more of an argument, but with last quarters lower revenue number your points fall well short of creating numbers. Unfortunately, you continue to ignore facts and instead concentrate on possibilities. Products exist and they have been sold. Even three months selling to just us, as is often pointed out, would match or exceed 35K with a wider array of products.
I projected a realistic number for this Q at 55-60K. A double at 70-75K would be excellent and realistic. 100K would be a slam dunk. May's quarterly should come in stronger with the addition of Rico, even with meager sales.
Ignoring the facts won't make them go away.
I agree with that bite. I had mentioned a couple of days ago, my expectations are in line with a double. Around 70-75K. I would not be surprised if we came in at 55-60K, and would be overjoyed with 90-100K. I think those are figures that anyone can accept as reasonable without pointing to "cooking the books." I say this because we've had a full quarter of selling CBDs and other products.
I wouldn't mind seeing a breakdown per site as I'm certain allcbd has done the majority of the sales as compare to allbotanical. They've beein increasing exposure on social media, and I'd like to see them further expand this into public exposure. The arm wrestling contest is an interesting concept as it would obviously include the public, if they did it right.
Q1 in May should be even higher with Rico sales included and it wouldn't shock me to see a 100-125K quarter. However, to continue expanding revenues, they need to introduce new products, not just products with higher and better quality CBD, although we want that too. JMHO of course.
I'm going to go even more conservative and perhaps a little more realistic mick. If we hit 100K I'd be thrilled. If we did anything above, it'd be a slam dunk, terrific Q. If we double the previous Q I'll take it and it would be a little more in line with my expectation. Just keeping it real bro.
I don't know the answer to those questions. They have some validity though, can't deny it. Regardless, I'll be around to find out how it all plays out without giving an absolute that it'll go one way or the other.
No doubt and probably the same thing that ronniecoleman, npi and other third parties did as well with GRCU products. The key is to increase 3rd party distributors and expand product availability. Time will tell if that can be accomplished. For the company, Green Cures, being under one year old, they've done a fair to good job in putting the products out there. What remains to be seen is if they can improve upon it, advertise it properly and verify some of the things than are not verified yet.
It could be. There is a lot of corruption throughout the OTC and its no big shocker that filtered through to this stock as well. There is a big difference between the performance and progress of Green Cures, the business and GRCU, the stock. Whereas only a few have access and control of the function of business, the many control the stock, and obvious to all is the decay of the PPS. Not necessarily all the fault of the business and its growth, because there are visible signs of that, but from the actions of traders and potentially market makers. Its quite simply the law of supply and demand. If nobody wants it, the markets will drop it until the demand grows. Right now, we see little demand, and traders and MMs are acting according to the standard playbook.
For someone who is diversified in this sector and is looking for long-term payoffs on some of these stocks, GRCU included, there is still plenty of time and plenty of opportunity for GRCU and others to take off. JMHO.
Rico Suave now available on Amazon.
Green Cures & Botanical Distribution Inc. announces Rico Suave Energy now available on Amazon.com
PR Newswire Green Cures & Botanical Distribution Inc.
Mar 23, 2015 8:11 AM
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WINNETKA, Calif., March 23, 2015 /PRNewswire/ -- Green Cures & Botanical Distribution Inc. (OTC Pink: GRCU) ("Green Cures"), a cannabis and industrial hemp products innovator, announced today that Rico Suave Energy drink/supplement infused with hemp is now available for purchase through www.amazon.com
The fulfillment agreement being provided for Rico Suave Energy through www.amazon.com includes Amazon inventory, packing, and shipping Rico Suave from their fulfillment centers. Additionally, Rico Suave products being purchased through www.amazon.com are eligible for shipping across the U.S.
The company also invited the public, and the investment community to upload their photo of Rico Suave Energy on https://www.facebook.com/ricosuavedrink, to be featured on www.ricosuave.us, and for a chance to win free Rico suave products such as, 12 or 24 packs of Rico Suave, bumper stickers, and t-shirts. The weekly give away will end on April 24, 2015. The winner will be selected randomly every Friday at 5:00 pm PST.
For additional information about the Rico Suave contest visit https://www.facebook.com/ricosuavedrink
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.
Contact: info@gcbdinc.com
Thanks for the video OT. I did contact Jones at Phytosciences as I was looking to see if he'd drop some verification that he actually operated an Aquaponic. The first email to my query came back within five minutes of sending it; not bad. Needless to say, when I simply asked for verification, there was no second email. That door was slammed quick. I doubted a, "yes, I have one," would be considered inside information, but I guess the question was too difficult or too risky for him to answer. If product keeps coming, then obviously they're getting the hemp from somewhere.