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Wow thanks. Great news. Lot's of good going on.
Once the company gets off the grey sheets, maybe more investors will have an interest.
Anyone know?
What is going on here with this company?
When might it come off the grey sheets?
Anyone? Bueller?
Seems like a very poorly run show
Is "Work Hard, Play Hard" the theme here...
if so, maybe it should be : "Play Hard and dream about all my .001 shares"
Will GHIL change and then grow?
IT WILL NOT GROW THE WAY IT IS BEING RUN.
The guy or gal that is in charge of filings, he/she is playing hard I guess and not paying attention to what should be getting done !!!
Ross R needs to make some changes.
It is his name on the line, oh wait, though, he has many shares too so does he care about his reputation more than money?
Great. Thanks for the information
Appreciate it.
Everything is ok, only a filing mistake?
Filing issue is probably already fixed.
Insiders cannot sell I assume, but others can.
Guess I don't, Please enlighten me
Mr. VWAP
Company issues PR's
very quickly to state they are not associated with stock promotion, BUT ....
....why doesn't the Company issue a PR about this situation. Seems like they should and also maybe comment on the forgetful person that forgot to file the required form in April.
Too funny, stock is still trading
maybe the 'halt' is a fake halt?
or doesn't start for awhile (lol) ?
or the paperwork was all filed in time ?
Very entertaining
So why do you follow the trend w/VWAP
if you already know what the trend will be
Who cares about the vwap for an OTCBB stock
Absolutely zero value to these numbers.
Please Spare All of Us from this !!
Agree on your thoughts
Did not see msg earlier sorry
Yes. What is your point?
PR's unfortunately don't make money
Solid revenues from Sales and Strong Partnerships are what is required IF this company is to grow. Until there is some progress, I won't buy back in. I don't see any progress since I started following this in April.
Looked at the filings and the enormous amount of shares that management has awarded itself out of the shell deal will severely reduce and hamper any potential market valuation. I am not sure how many executives are on the management team but it must be a lot for them to have so many shares and I think the shares are free or .0001.
Maybe they can strike some deals and get the company going with some revenues, but 101 million shares is just on the very greedy and ridiculous. There are some companies with much better capital structures. For example, Abbattis only has 36 million in their float and 58 million total outstanding. I like the MJA sector and will continue to review this company from time to time. GLTA
Cap Structure and how this Seller appeared is unclear to me
so I sold my shares and I am moving on to something else - my mistake as I should have known the real float and understood the reverse takeover and that there could be a shrewd deal with a seller coming out of nowhere.
good luck to anyone still involved.
Or is it .0001
!)&$)!$(!
If you owned stock at .001 wouldn't you sell at .45
This appears to be what is happening. The group who got all these basically free and unbelievably -- unrestricted shares -- (still not sure how that was pulled off) for a interesting debt deal with no clarity --- they have to be a shiny happy group of people.
Wouldn't you sell at .30 .20 ???
When do they stop????
Time will tell.
It is ridiculous that this Seller is allowed to Sell
SA Article was unimpressive though and written with 5th grade writing skills and a lack of objectivity.
Float is close to 600K
I believe the Sellers will have to step back soon. I still do not feel their shares should be trading.
How could they receive 25M new shares of a company and not have them restricted...no matter who they are.
The other 70M shares are restricted for 1 year and even longer.
I believe the float is 2% of the roughly 30M shares that are still out there. So 600K shares.
If I am right, a gap could happen tomorrow if the buyers continue to buy.
Maybe an official name change and symbol change will provide clarity to investors.
Hopefully that will happen someday. I wonder how long that process can be. Seems like it should be simple.
Thanks. I will look into that.
Time to move on. Tired of watching company with no news and no interest.
I am not sure what it will take, but my suggestion would be that GHIL is on the phone
10 hours a day trying to get partnerships with all MJ Leaders. I know that might not fit
'the lifestyle', but my impression is that doors are not being knocked on everyday. Hope I am wrong.
June 1
It is boring here...anyone have any names that might benefit from WA State and June 1 Pot Shops opening, guess about 334 shops.
Questions for Ross's Gold Management
What entity received what seems to be a LARGE amount unrestricted shares that should be restricted in exchange for a SMALL debt loan?
This should be a disclosed document but I don't see it anywhere.
Could this entity be selling now, because the selling started right after the reverse merger was finalized. Who is part of this group?
Either way, shares will turnover, over time, so it's no big deal
I would guess volume will pick up over the next 6 months.
Not happy about this 25M and I actually still think the shares are restricted or will be reclassified as restricted, no matter what anyone says. I contend only 250K shares can be sold this quarter.
My feeling is that even the 250K shares should NOT be allowed to be sold.
Good interview with respect to branding & Ross's Gold.
Very interesting that they can advertise a 'brand' whereas distributors cannot.
When I think of brands, I do think Ross's Gold could be a strong one.
Tweed is a weak name and a weak brand. Gaining traction in the MJ business will only involve the winning brands. It is very easy, at this early stage, for Tweed to hoot and holler that they are sold out but overall, I don't see Tweed having longevity.
People don't even know what a Tweed is. What is a Tweed? Part of Twitter?? Something you do on Twitter?
Go Ross's Gold. I think there is a chance their brand has a great future.
Is there a link? Not seeing anything on that. Any new insights?
I am still long and still believe there are a number of very positive drives that will create value and bring attention to GHIL. I plan to be involved and increase my shares when this move starts.
Another Coincidence ....
The Buyer from yesterday and the Seller from yesterday did not show up today to trade with each other...
I would have guessed one would have shown up or the other
...or is that me just being sarcastic again?
2 VERY good questions MJ
I believe that debt deal is fishy.
Bottom line, those shares were all in the filings pre-trading.
Those shares should be RESTRICTED for 1 year AND subject to insider selling rules.
All the documents show 101M I would not think they could pre-assign shares for a future debt payment to navigate around a restriction on the shares.
If shares issued post reverse takeover then are you saying there are 101M + 25M additional ??? If they were issued post merger then it is dilution but they have not said that.
If the shares are part of the 101M, my contention is they have to be restricted.
Interesting. Maybe I will email them and ask who owns the shares.
Thanks for the info MJ.
My same sentiments. I find it hard to believe the owners would give someone they quite possible didn't even know $32M worth of stock for a 25K debt and a shell. Could they be that stupid?
Obviously, the shares were not worth that them, but still, who in their right mind would distribute 25% of the company for a shell and/or debt. I looked at the filings and if it's Lorne Green, then they are idiots to give him all those shares. My guess is Lorne Green, the shell owner had this chunk. If so, who is happier than what he stumbled upon these days??? May he eat, drink, and be happy.
Transparency is needed, I agree. I still maintain those shares have to have 144 status to them.
The 25M shares have to be restricted
That is 25% of the company and whoever owns these shares is therefore an INSIDER. No way whoever owns the shares can sell them this quarter.
Now they might be able to sell 1% per quarter - that is the SEC rule that I researched is applicable to insiders, so 250,000 shares could be sold IF they entire 25M is not restricted, which I find very hard to believe.
Even in that scenario, it mean the float is about 350,900
Also, just a side comment. Poor choice on who they are using to sell stock. Did some DD and not the choice I would have made!
No Rules I guess - Wild West- they jump into quote box at 9:32 am
Sum Ting Wong
To refresh everyone's memory :
They are the ones that offered and sold a fair amount of shares yesterday.
How can yesterday's Sales be Valid if they dropped out of the stock the next day????
AYME is not quoting a market yet. How does that happen?
Thought Market Makers had to be in the quotation for 30 days minimum.
Did something happen (regulatory) that restricts AYME from being 'in the box' ?
Very interesting development IMO
I vote for non-smoke and mirrors
Truly hope that the management will be transparent and not just try to cash in any chance they get. My challenge to them is to grow a REAL company. There is a lot of opportunity for those that run a clean ship. No shenanigans. Grow Ross's Gold to be a leader. Take the risk of losing ALL. With 70M shares, how greedy can they be - I guess pretty greedy.
Who is the BUYER !!!???
Two Observations/thoughts:
1. Who is the Buyer? That is my question and how lucky that the buyer showed up the same day the seller did...
2. With respect to the 25M shares, if it's part of the reverse take over, seems to me should have a legend on the shares (restriction). I would like to know what the true float is. I think it SHOULD be about 100K shares.
Let's hope they get nice
and short because they will eventually help drive the stock higher. Being short a low floater is no fun, whether you are a market maker or an individual or corporate shorter.
My guess is they have absolutely NOTHING going on in the stock.
First of all, who in their right mind would give them an order. Not much has traded. They won't be able to stay at 1.30 for too long if some bids show up.
Name and Symbol change might be in the works now that the RTO has been completed. Possible that they could not submit for these changes until the RTO was official which was just the other day.
Maybe in June???
Also, I see they will be at champsca.com May 23-25 It is good they will be in Toronto and getting some exposure hopefully.
"Ross' Gold is the Amazon of medical marijuana"
Saw this on twitter -- I like it too :)
I like the way that marketing expert thinks!